Want to Put an End to Capacity Markets? Think Real-Time Pricing
Journal Article
·
· Electricity Journal
The amount of generation capacity that must be installed to meet resource adequacy requirements often causes the energy market to be suppressed to the point that it fails to produce sufficient revenues to attract new entry. A significant expansion in the use of real-time pricing can, over time, cause the energy market to become a more bountiful source of revenues for generators, allowing the elimination of the capacity market. (author)
- OSTI ID:
- 20770226
- Journal Information:
- Electricity Journal, Vol. 19, Issue 6; Other Information: Elsevier Ltd. All rights reserved; ISSN 1040-6190
- Country of Publication:
- United States
- Language:
- English
Similar Records
Marginal Cost Pricing in a World without Perfect Competition: Implications for Electricity Markets with High Shares of Low Marginal Cost Resources
A Market Feedback Framework for Improved Estimates of the Arbitrage Value of Energy Storage Using Price-Taker Models
Market Pricing and Settlements Analysis Considering Capacity Sharing and Reserve Substitutions of Operating Reserve Products
Technical Report
·
Sat Dec 02 00:00:00 EST 2017
·
OSTI ID:20770226
+1 more
A Market Feedback Framework for Improved Estimates of the Arbitrage Value of Energy Storage Using Price-Taker Models
Journal Article
·
Tue Feb 01 00:00:00 EST 2022
· Applied Energy
·
OSTI ID:20770226
Market Pricing and Settlements Analysis Considering Capacity Sharing and Reserve Substitutions of Operating Reserve Products
Conference
·
Tue Nov 21 00:00:00 EST 2023
·
OSTI ID:20770226
+3 more