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Title: Capacity Markets and Market Stability

Journal Article · · Electricity Journal

The good news is that market stability can be achieved through a combination of longer-term contracts, auctions for far enough in the future to permit new entry, a capacity management system, and a demand curve. The bad news is that if and when stable capacity markets are designed, the markets may seem to be relatively close to where we started - with integrated resource planning. Market ideologues will find this anathema. (author)

OSTI ID:
20727319
Journal Information:
Electricity Journal, Vol. 19, Issue 3; Other Information: Elsevier Ltd. All rights reserved; ISSN 1040-6190
Country of Publication:
United States
Language:
English