Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/200099 
Erscheinungsjahr: 
2017
Quellenangabe: 
[Journal:] Utilities Policy [ISSN:] 0957-1787 [Volume:] 48 [Publisher:] Elsevier [Place:] Amsterdam [Year:] 2017 [Pages:] 76-91
Verlag: 
Elsevier, Amsterdam
Zusammenfassung: 
The effectiveness of a capacity market is analyzed by simulating three conditions that may cause suboptimal investment in the electricity generation: imperfect information and uncertainty; declining demand shocks resulting in load loss; and a growing share of renewable energy sources in the generation portfolio. Implementation of a capacity market can improve supply adequacy and reduce consumer costs. It mainly leads to more investment in low-cost peak generation units. If the administratively determined reserve margin is high enough, the security of supply is not significantly affected by uncertainties or demand shocks. A capacity market is found to be more effective than a strategic reserve for ensuring reliability.
Schlagwörter: 
Adequacy policy
Security of supply
Capacity markets
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