• Anglický jazyk

Capacity mechanisms in electricity markets

Autor: David Lara Arango

At the first years of electricity markets deregulation, the academic discussion was first oriented to discuss the short-term market efficiency and competitiveness. Now, after more than twenty years, the issue of the long-term security of supply has become... Viac o knihe

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O knihe

At the first years of electricity markets deregulation, the academic discussion was first oriented to discuss the short-term market efficiency and competitiveness. Now, after more than twenty years, the issue of the long-term security of supply has become increasingly relevant. A number of authors have used simulations and laboratory experiments to study capacity mechanisms in order to address this issue. This work explores the rationality of individuals' decisions in a set of pilot experimental system dynamics based models to test capacity mechanisms in electricity markets. Specifically, this work compares one market-oriented mechanism with an interventionist mechanism to see which one of them represents an improvement in terms of market profitability and stability.

  • Vydavateľstvo: LAP LAMBERT Academic Publishing
  • Rok vydania: 2014
  • Formát: Paperback
  • Rozmer: 220 x 150 mm
  • Jazyk: Anglický jazyk
  • ISBN: 9783659625640

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