Abstract
A number of mechanisms have been suggested for capacity adequacy. A study using laboratory experiments both of procurement of long-term strategic reserve contracting and of centralized auctioning for capacity contracts suggests that the centralized auctioning process stabilizes laboratory markets and provides economic welfare comparable to a free market. The strategic reserve contracting process does not seem to improve either of the two aspects compared to a non-regulated market.
Originalsprog | Engelsk |
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Tidsskrift | Electricity Journal |
Vol/bind | 30 |
Nummer | 6 |
Sider (fra-til) | 53-71 |
Antal sider | 19 |
ISSN | 1040-6190 |
DOI | |
Status | Udgivet - 2017 |