Capacity Market and Investments in Power Generations: Risk-Averse Decision-Making of Power Producer
The penetration of power generations from renewable energy sources into the power market has a significant impact on the capacity factor of existing power generations. This is because power producers cannot recover a capital cost of power generations with high operating cost possibly due to underinv...
Main Authors: | Naoki Makimoto, Ryuta Takashima |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2023-05-01
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Series: | Energies |
Subjects: | |
Online Access: | https://www.mdpi.com/1996-1073/16/10/4241 |
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