Analysis of design options for the electricity market: The German case
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文摘
EOM performs well in the short term, but fails without support in the long term. High capacity of sheddable loads helps to guarantee generation adequacy in the EOM. Capacity market leads to additional investments and a higher adequacy level. No market design option can be assessed as the most cost-efficient one. Agent-based simulation is an adequate methodology to evaluate market design options.

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