Decarbonized market design: an insurance overlay on energy-only electricity markets
In the face of challenges to energy-only market design under the electricity sector transition, an option considered by many jurisdictions is to incorporate some form of centralized capacity mechanism to respond to shortfalls in the market provision. For example, the UK government has already introd...
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Format: | Working paper |
Language: | English |
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Oxford Institute for Energy Studies
2018
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