Flow-based forward capacity mechanism: an alternative to the regulated capacity remuneration mechanisms in electricity market with high RES penetration

The rapid adoption of variable renewable generation has created new challenges in the maintenance of power system adequacy. On one hand, its non-dispatchable nature increases the need for firm and flexible load-following peaking power generation. On the other hand, its significantly lower short-run...

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Bibliographic Details
Main Authors: See, Phen Chiak, Fosso, Olav Bjarte, Wong, Kuan Yew, Molinas, Marta
Format: Article
Published: Institute of Electrical and Electronics Engineers Inc. 2016
Subjects:

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