Why Are We Talking About Capacity Markets?
Conference
·
OSTI ID:1369134
Revenue sufficiency or 'missing money' concerns in wholesale electricity markets are important because they could lead to resource (or capacity) adequacy shortfalls. Capacity markets or other capacity-based payments are among the proposed solutions to remedy these challenges. This presentation provides a high-level overview of the importance of and process for ensuring resource adequacy, and then discusses considerations for capacity markets under futures with high penetrations of variable resources such as wind and solar.
- Research Organization:
- National Renewable Energy Laboratory (NREL), Golden, CO (United States)
- Sponsoring Organization:
- USDOE Office of Energy Efficiency and Renewable Energy (EERE), Wind and Water Technologies Office (EE-4W)
- DOE Contract Number:
- AC36-08GO28308
- OSTI ID:
- 1369134
- Report Number(s):
- NREL/PR-6A20-68593
- Country of Publication:
- United States
- Language:
- English
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