Strategic Behaviour in a Capacity Market? The New Irish Electricity Market Design
نویسندگان
چکیده
منابع مشابه
Strategic behaviour in a capacity market? The new Irish electricity market design
The transition to a low-carbon power system brings the challenges of growing the share of generation from (intermittent) renewables while ensuring security of supply. Policymakers and economists increasingly see a market design based on a capacity mechanism as a way to deal with these challenges. Yet this raises new concerns about the potential exercise of market power by large players via the ...
متن کاملStrategic retailer behaviour in an electricity contract market
Generators in a wholesale electricity market can exercise market power, but the existence of forward hedging contracts between consumers and generators mitigates this market power. A question arises as to why generators are willing to enter contracts with consumers to surrender their market power. In this paper, we model the role of the consumers (retailers here) in offering hedging contracts t...
متن کاملStrategic Bidding in a Pool-Based Electricity Market under Load Forecast Uncertainty
This paper proposes a method for determining the price bidding strategies of market participants consisting of Generation Companies (GENCOs) and Distribution Companies (DISCOs) in a day-ahead electricity market, while taking into consideration the load forecast uncertainty and demand response programs. The proposed algorithm tries to find a Pareto optimal point for a risk neutral participan...
متن کاملCompetitive Electricity Market Design: a Wholesale Primer
A short-term electricity market coordinated by a system operator provides a foundation for a competitive electricity market. Combined with long-term contracts for generation and transmission congestion, the spot-market and competitive market pricing can support open access to the transmission grid. INTRODUCTION Electricity market restructuring emphasizes the potential for competition in generat...
متن کاملStrategic deployment of balancing energy in the German electricity market
Svetlozar T. Rachev Chair-Professor, Chair of Statistics, Econometrics and Mathematical Finance, School of Economics and Business Engineering, University of Karlsruhe and KIT, and Department of Statistics and Applied Probability, University of California, Santa Barbara, and Chief-Scientist, FinAnalytica INC Kollegium am Schloss, Bau II, 20.12, R210, Postfach 6980, D-76128, Karlsruhe, Germany E-...
متن کاملذخیره 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: The Energy Journal
سال: 2019
ISSN: 0195-6574
DOI: 10.5547/01956574.40.si1.jtei