The Impact of Renewable Generation Variability on Volatility and Negative Electricity Prices: Implications for the Grid Integration of EVs
The introduction of Renewable Energy Sources (RESs) into the electricity grid is changing the price dynamics of the electricity market and creating room for flexibility on the consumption side. This paper investigates different aspects of the interaction between the RES share, electricity spot prices, and electric vehicle (EV) charging strategies. Based on empirical data from Germany, France, and the Czech Republic for the period 2015–2025, four research hypotheses are tested using correlation and regression analysis, cost simulations, and classification algorithms. The results confirm a negative correlation between the RES share and electricity prices, as well as the effectiveness of smart charging in reducing costs. At the same time, it is shown that the occurrence of negative prices is significantly affected by a high RES share. The correlation analysis further suggests that higher production from RESs increases the potential for price optimisation through smart charging. The findings have implications for policymaking aimed at flexible consumption and efficient RES integration.
Authors
- Martin Vojtek (ORCID: https://orcid.org/0000-0001-7263-1264)
- Marek Pavlík (ORCID: https://orcid.org/0000-0002-8375-2819)
- Kamil Ševc
Institutions
- Technical University of Košice (SK)
- Brno University of Technology (CZ)
Publication Details
- Journal
- World Electric Vehicle Journal
- Published
- 2025-08-04
- DOI
- https://doi.org/10.3390/wevj16080438
- Citations
- 2
- Primary Topic
- Electric Vehicles and Infrastructure
- Type
- article
- Field-Weighted Citation Impact
- 1.46