The EU Commission's proposal for improving the electricity market design: Treading water, but not drowning
Abstract Purpose of Review On March 14, 2023, the European Commission (EC) published
the much awaited “Proposal for a regulation (…) to improve the Union's electricity market …
the much awaited “Proposal for a regulation (…) to improve the Union's electricity market …
[HTML][HTML] A survey on electricity market design: Insights from theory and real-world implementations of capacity remuneration mechanisms
A Bublitz, D Keles, F Zimmermann, C Fraunholz… - Energy …, 2019 - Elsevier
In recent years, electricity markets have been characterized by a growing share of fluctuating
renewable energies, which has increased concerns about the security of electricity supply …
renewable energies, which has increased concerns about the security of electricity supply …
The economics of planning electricity transmission to accommodate renewables: Using two-stage optimisation to evaluate flexibility and the cost of disregarding …
AH Van Der Weijde, BF Hobbs - Energy Economics, 2012 - Elsevier
Aggressive development of renewable electricity sources will require significant expansions
in transmission infrastructure. We present a stochastic two-stage optimisation model that …
in transmission infrastructure. We present a stochastic two-stage optimisation model that …
Private risk and social resilience in liberalized electricity markets
Energy-only electricity markets, such as the Electric Reliability Council of Texas (ERCOT),
rely on the decentralized investment decisions of market participants to lead to a resource …
rely on the decentralized investment decisions of market participants to lead to a resource …
[HTML][HTML] Why the sustainable provision of low-carbon electricity needs hybrid markets
JH Keppler, S Quemin, M Saguan - Energy Policy, 2022 - Elsevier
Deep decarbonization of energy systems poses considerable challenges to electricity
markets and there is a growing consensus that an energy-only design based on short-term …
markets and there is a growing consensus that an energy-only design based on short-term …
Beyond capacity: Contractual form in electricity reliability obligations
Liberalized electricity markets often include resource adequacy mechanisms that require
consumers to contract with generation resources well in advance of real-time operations …
consumers to contract with generation resources well in advance of real-time operations …
Does risk aversion affect transmission and generation planning? A Western North America case study
We investigate the effects of risk aversion on optimal transmission and generation
expansion planning in a competitive and complete market. To do so, we formulate a …
expansion planning in a competitive and complete market. To do so, we formulate a …
Short-term risk management of electricity retailers under rising shares of decentralized solar generation
Electricity retailers face increasing uncertainty due to the ongoing expansion and self-
consumption of unpredictable distributed generation in the residential sector. We analyze …
consumption of unpredictable distributed generation in the residential sector. We analyze …
Risk trading in energy communities
N Vespermann, T Hamacher… - IEEE Transactions on …, 2020 - ieeexplore.ieee.org
Local energy communities are proposed as a regulatory framework to enable the market
participation of end-consumers. However, volatile local market-clearing prices, and …
participation of end-consumers. However, volatile local market-clearing prices, and …
Risk aversion and CO2 regulatory uncertainty in power generation investment: Policy and modeling implications
We consider a simulation of risk-averse producers when making investment decisions in a
competitive energy market, who face uncertainty about future regulation of carbon dioxide …
competitive energy market, who face uncertainty about future regulation of carbon dioxide …