dc.contributor.author | BHAGWAT, Pradyumna | |
dc.contributor.author | RICHSTEIN, Jörn C. | |
dc.contributor.author | CHAPPIN, Emile J. L. | |
dc.contributor.author | IYCHETTIRA, Kaveri K. | |
dc.contributor.author | DE VRIES, Laurens J. | |
dc.date.accessioned | 2017-04-05T12:34:33Z | |
dc.date.available | 2017-04-05T12:34:33Z | |
dc.date.issued | 2017 | |
dc.identifier.citation | Utilities policy, 2017, Vol. 46, pp. 33-47 | en |
dc.identifier.issn | 0957-1787 | |
dc.identifier.uri | https://hdl.handle.net/1814/46004 | |
dc.description | Available online 31 March 2017. Open Access funded by VSNU (Association of universities in the Netherlands). Under a Creative Commons license 4.0 International | en |
dc.description.abstract | The cross-border effects of a capacity market and a strategic reserve in interconnected electricity markets are modeled using an agent-based modeling methodology. Both capacity mechanisms improve the security of supply and reduce consumer costs. Our results indicate that interconnections do not affect the effectiveness of a capacity market, while a strategic reserve is affected negatively. The neighboring zone may free ride on the security of supply provided by the zone implementing a capacity mechanism. However, a capacity market causes crowding out of generators in the energy-only zone. A strategic reserve implemented by this region could aid in mitigating this risk. | en |
dc.language.iso | en | en |
dc.publisher | Elsevier | en |
dc.relation.ispartof | Utilities policy | en |
dc.rights | info:eu-repo/semantics/openAccess | en |
dc.title | Cross-border effects of capacity mechanisms in interconnected power systems | en |
dc.type | Article | en |
dc.identifier.doi | 10.1016/j.jup.2017.03.005 | |
dc.identifier.volume | 46 | |
dc.identifier.startpage | 33 | |
dc.identifier.endpage | 47 | |
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