Add to ORKGThe paper analyzes the determinants of optimal electric capacity and contrasts these with the requirements typically applied in a multi-regional model. We first analyze the relationship between usual reliability criteria such as the value of lost load and the targeted probability of failure, on the one hand, and the conditions that define optimal level of capacity on the other. Secondly, we characterize the social gains from energy trading between two interconnected regions that differ in terms of technologies or demand. Market mechanisms are sufficient to reach the first best allocation, irrespective of the correlation between national demand levels, provided that firms have no market power and fully internalize the value of lost load due ...
Insufficient incentives from the market lead to threats to generation adequacy. In order to create m...
We compare the ability to support resource adequacy and revenue sufficiency under two market designs...
Evidence from the U.S. and some other countries indicates that organized wholesale markets for elect...
The paper analyzes the determinants of optimal electric capacity and contrasts these with the requir...
This paper studies the electricity market design long run problem of ensuring enough generation capa...
International audienceThis paper deals with the practical problems related to long-term security of ...
Electricity capacity markets work in tandem with electricity energy markets to ensure that investors...
International audienceThe power system capacity adequacy has public good features that cannot be ent...
Striving for a more sustainable society is strongly dependent on the transition of the energy system...
Strategic reserves and capacity markets can improve the security of supply and contribute positively...
Regulators have proposed various institutional alternatives to secure network resource adequacy and ...
This paper studies resource adequacy, i.e. the market design dilemma of ensuring enough generation c...
The creation of electricity markets has raised the fundamental question as to whether markets provi...
The creation of electricity markets has raised the fundamental question as to whether markets create...
<p>This article studies a coordination mechanism between a renewable energy supplier and a conventio...
Insufficient incentives from the market lead to threats to generation adequacy. In order to create m...
We compare the ability to support resource adequacy and revenue sufficiency under two market designs...
Evidence from the U.S. and some other countries indicates that organized wholesale markets for elect...
The paper analyzes the determinants of optimal electric capacity and contrasts these with the requir...
This paper studies the electricity market design long run problem of ensuring enough generation capa...
International audienceThis paper deals with the practical problems related to long-term security of ...
Electricity capacity markets work in tandem with electricity energy markets to ensure that investors...
International audienceThe power system capacity adequacy has public good features that cannot be ent...
Striving for a more sustainable society is strongly dependent on the transition of the energy system...
Strategic reserves and capacity markets can improve the security of supply and contribute positively...
Regulators have proposed various institutional alternatives to secure network resource adequacy and ...
This paper studies resource adequacy, i.e. the market design dilemma of ensuring enough generation c...
The creation of electricity markets has raised the fundamental question as to whether markets provi...
The creation of electricity markets has raised the fundamental question as to whether markets create...
<p>This article studies a coordination mechanism between a renewable energy supplier and a conventio...
Insufficient incentives from the market lead to threats to generation adequacy. In order to create m...
We compare the ability to support resource adequacy and revenue sufficiency under two market designs...
Evidence from the U.S. and some other countries indicates that organized wholesale markets for elect...