Search Results - subject:"Capacity Mechanism"

Strategic Reserves versus Market-wide Capacity Mechanisms

Holmberg, Pär; Tangerås, Thomas P. - 2021

Many electricity markets use capacity mechanisms to support generation owners. Capacity payments can mitigate imperfections associated with "missing money" in the spot market and solve transitory capacity shortages caused by investment cycles, regulatory changes, or technology shifts. We discuss...

Persistent link: https://www.econbiz.de/10012615455

On the role of risk aversion and market design in capacity expansion planning

Fraunholz, Christoph; Miskiw, Kim K.; Kraft, Emil; … - 2021

resource adequacy. These effects are more pronounced in an energy-only market than under a capacity mechanism. Moreover …

Persistent link: https://www.econbiz.de/10012698034

On the role of risk aversion and market design in capacity expansion planning

Fraunholz, Christoph; Miskiw, Kim K.; Kraft, Emil; … - 2021

resource adequacy. These effects are more pronounced in an energy-only market than under a capacity mechanism. Moreover …

Persistent link: https://www.econbiz.de/10012672003

Strategic reserves versus market-wide capacity mechanisms

Holmberg, Pär; Tangerås, Thomas P. - 2021

Persistent link: https://www.econbiz.de/10012498115

Strategic reserves versus market-wide capacity mechanisms

Holmberg, Pär; Tangerås, Thomas P. - 2021

Persistent link: https://www.econbiz.de/10013257461

One year of I-SEM : preliminary assessment of capacity mechanism outcomes

Del Grosso, Filippo - 2020

Persistent link: https://www.econbiz.de/10012395600

Locational investment signals in electricity markets - How to steer the siting of new generation capacity?

Eicke, Anselm; Khanna, Tarun; Hirth, Lion - 2019

The location of new power generation capacity has a significant effect on the need for transmission infrastructure. Newly constructed power plants that are located far from consumption centers increase network losses, investment, and potentially congestion. In addition, lack of public acceptance...

Persistent link: https://www.econbiz.de/10012114000

Capacity mechanisms and the technology mix in competitive electricity markets

Holmberg, Pär; Ritz, Robert A. - 2019

debated. In this paper, we introduce a new benchmark model of a capacity mechanism in a competitive electricity market with …-merit plant. We obtain a rationale for a capacity mechanism based on the internalization of a system-cost externality - even where … need for a capacity mechanism, and outline an optimal design of a strategic reserve with a discriminatory capacity payment. …

Persistent link: https://www.econbiz.de/10012145517

Capacity mechanisms and the technology mix in competitive electricity markets

Holmberg, Par; Ritz, Robert A. - 2019 - This version: 29 June 2019

Persistent link: https://www.econbiz.de/10012703209

Equilibrium supply security in a multinational electricity market with renewable production

Tangerås, Thomas P. - 2017

An increasing reliance on solar and wind power has raised concern about system ability to consistently satisfy electricity demand. This paper examines countries' unilateral incentives to achieve supply security through capacity reserves and market integration in a multinational electricity...

Persistent link: https://www.econbiz.de/10011917038