Study on the Impact of Primary Energy Price Fluctuation on Electricity Price

Energy is an important means of production for industrial production and the foundation of economic and social development. This paper studies the price change relationship between energy sources, focusing on the impact of price fluctuations of oil, natural gas and coal on electricity prices. Using the VAR model, the data from 2001 to June 2024 in California, USA, is used to explore the transmission mechanism of primary energy fluctuations on electricity price changes, providing a reference for subsequent research and related policy decisions.

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Published
2025-01-10
DOI
https://doi.org/10.1109/iceaai64185.2025.10957364
Primary Topic
Power Systems and Renewable Energy
Type
article
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Study on the Impact of Primary Energy Price Fluctuation on Electricity Price

Yuhao Zhu, Ming Liu
Power Systems and Renewable Energy
article

Study on the Impact of Primary Energy Price Fluctuation on Electricity Price

Yuhao Zhu, Ming Liu
article en

Abstract

Energy is an important means of production for industrial production and the foundation of economic and social development. This paper studies the price change relationship between energy sources, focusing on the impact of price fluctuations of oil, natural gas and coal on electricity prices. Using the VAR model, the data from 2001 to June 2024 in California, USA, is used to explore the transmission mechanism of primary energy fluctuations on electricity price changes, providing a reference for subsequent research and related policy decisions.

Zhejiang University (CN)
Affordable and clean energy
Openalex Percentile: Top 94%
Power Systems and Renewable Energy
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