Capacity market design and renewable energy: Performance incentives, qualifying capacity, and demand curves

被引:22
作者
Byers C. [1 ,2 ]
Levin T. [2 ]
Botterud A. [1 ,2 ]
机构
[1] Laboratory for Information and Decision Systems, Institute for Data, Systems, and Society, Massachusetts Institute of Technology, 77 Massachusetts Avenue, Cambridge, 02139, MA
[2] Center for Energy, Environmental, and Economic Systems Analysis, Energy Systems Division, Argonne National Laboratory, 9700 S. Cass Ave, Argonne, 60439, IL
关键词
capacity markets; Electricity markets; energy storage; renewable energy; resource adequacy;
D O I
10.1016/j.tej.2018.01.006
中图分类号
学科分类号
摘要
A review of capacity markets in the United States in the context of increasing levels of variable renewable energy finds substantial differences with respect to incentives for operational performance, methods to calculate qualifying capacity for variable renewable energy and energy storage, and demand curves for capacity. The review also reveals large differences in historical capacity market clearing prices. The authors conclude that electricity market design must continue to evolve to achieve cost-effective policies for resource adequacy. © 2018
引用
收藏
页码:65 / 74
页数:9
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