A novel capacity market model with energy storage

C Opathella, A Elkasrawy, AA Mohamed… - … on Smart Grid, 2018 - ieeexplore.ieee.org
Electricity jurisdictions procure generation capacity requirements competitively which
maintains investment flows into the electricity system infrastructure. The capacity market
auction is one of such competitive capacity procurement methods. It is challenging to
consider energy storage (ES) capacity offers in capacity markets due to complex capacity
contribution characteristics and lack of explicit mechanisms to integrate them. However, ES
capacity can be used to manage the system peak demand. ES can substitute for peaker …

A Novel Capacity Market Model With Energy Storage

A Mohamed, A Elkasrawy, C Opthella… - 2020 IEEE Power & …, 2020 - ieeexplore.ieee.org
Summary form only given. Electricity jurisdictions procure generation capacity requirements
competitively which maintains investment flows into the electricity system infrastructure. The
capacity market auction is one of such competitive capacity procurement methods. It is
challenging to consider energy storage (ES) capacity offers in capacity markets due to
complex capacity contribution characteristics and lack of explicit mechanisms to integrate
them. However, ES capacity can be used to manage the system peak demand. ES can …
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