The Question of Generation Adequacy in Liberalised Electricity Markets

نویسندگان
چکیده

برای دانلود رایگان متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Generation Investment and Capacity Adequacy in Electricity Markets

One of the major challenges in restructured power systems is to maintain a level of generation capacity that ensures an acceptable level of certainty against power interruptions. A power market with a wellfunctioning spot market and long-term markets for allocation of risks between consumers and producers should in theory generate optimal investments in new power generation capacity, but this m...

متن کامل

Modelling of power generation investment incentives under uncertainty in liberalised electricity markets

In this paper we discuss the problem of power generation capacity adequacy in restructured and competitive power systems and analyse potential regulatory mechanisms to ensure sufficient supply of electricity. In particular, we look at how uncertainty influences the optimal timing of investments in new power generation capacity. We formulate the power generation investment problem for a decentra...

متن کامل

WILMAR Wind Power Integration in Liberalised Electricity Markets

Editorial This is the third in a series of semi-annual newsletters on the research project WILMAR (Wind Power Integration in Liberalised Electricity Markets), which is supported by the European Commission under the Fifth Framework Programme (Contract No. ENK5-CT-2002-00663). The project was launched in November 2002 with an overall project duration of 36 months. The key task of the project, in ...

متن کامل

A Game theoretic model for generation capacity adequacy: Comparison between investment incentive mechanisms in electricity markets

In this paper we study the problem of long-term capacity adequacy in electricity markets. We implement a dynamic model in which firms compete for investment and electricity production under imperfect Cournot competition. The main aim of this work is to compare three investment incentive mechanisms: reliability options, forward capacity market and capacity payments. Apart from the oligopoly case...

متن کامل

Fuel mix diversification incentives in liberalised electricity markets: a Mean-Variance Portfolio Theory Approach

The risks and returns associated with different choices of electricity generation technology cannot properly be considered in isolation. The paper considers their impact on an investing company, using Mean-Variance Portfolio (MVP) theory to identify optimal generation portfolios in liberalised electricity markets characterised by fuel, CO2, and electricity price risk. The paper demonstrates the...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

ژورنال

عنوان ژورنال: SSRN Electronic Journal

سال: 2004

ISSN: 1556-5068

DOI: 10.2139/ssrn.600503