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Renewable Electricity Generation and Regional Electricity Price Volatility in Sweden: Evidence from 2021-2025

Ulander, Marcus Maximilian Wilhelm LU and Volkonsky, Michael Alexander (2026) EOSK12 20261
Department of Economic History
Abstract
The introduction of renewable energy into our energy markets has fundamentally changed the way energy markets behave. Within the current literature, there is a significant gap of information on how these new energy markets' shape regional price volatility. Using panel data from the four Swedish electricity price areas (SE1–SE4) over the period 2021–2025, this study combines GARCH volatility modelling with fixed-effects panel regression. By analysing regional variation in volatility within a shared institutional framework, the study contributes to the broader literature on renewable electricity generation, market stability, and the role of system-specific conditions in shaping electricity-price volatility.
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author
Ulander, Marcus Maximilian Wilhelm LU and Volkonsky, Michael Alexander
supervisor
organization
course
EOSK12 20261
year
type
M2 - Bachelor Degree
subject
keywords
Renewable energy, electricity price volatility, energy markets, regional electricity prices, Sweden, panel regression.
language
English
id
9241710
date added to LUP
2026-09-07 13:57:06
date last changed
2026-09-07 13:57:06
@misc{9241710,
  abstract     = {{The introduction of renewable energy into our energy markets has fundamentally changed the way energy markets behave. Within the current literature, there is a significant gap of information on how these new energy markets' shape regional price volatility. Using panel data from the four Swedish electricity price areas (SE1–SE4) over the period 2021–2025, this study combines GARCH volatility modelling with fixed-effects panel regression. By analysing regional variation in volatility within a shared institutional framework, the study contributes to the broader literature on renewable electricity generation, market stability, and the role of system-specific conditions in shaping electricity-price volatility.}},
  author       = {{Ulander, Marcus Maximilian Wilhelm and Volkonsky, Michael Alexander}},
  language     = {{eng}},
  note         = {{Student Paper}},
  title        = {{Renewable Electricity Generation and Regional Electricity Price Volatility in Sweden: Evidence from 2021-2025}},
  year         = {{2026}},
}