Forward reliability markets: Less risk, less market power, more efficiency
نویسندگان
چکیده
منابع مشابه
Forward Reliability Markets: Less Risk, Less Market Power, More Efficiency
A forward reliability market is presented. The market coordinates new entry through the forward procurement of reliability options—physical capacity bundled with a financial option to supply energy above a strike price. The market assures adequate generating resources and prices capacity from the bids of competitive new entry in an annual auction. Efficient performance incentives are maintained...
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ژورنال
عنوان ژورنال: Utilities Policy
سال: 2008
ISSN: 0957-1787
DOI: 10.1016/j.jup.2008.01.007