Follow the missing money: Ensuring reliability at least cost to consumers in the transition to a low-carbon power system

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• 作者：Michael Hogan^a ; ¹ ; ^{mhogan@raponline.org}Author Vitae
• 关键词：Market design ; Reliability ; Flexibility ; Capacity markets ; Scarcity pricing
• 刊名：The Electricity Journal
• 出版年：2017
• 出版时间：January-February 2017
• 年：2017
• 卷：30
• 期：1
• 页码：55-61
• 全文大小：986 K
• 卷排序：30

文摘

Electricity markets must ensure reliability, deliver value for money, unleash technology and service innovation, and empower and protect consumers. This article offers a brief refresher on how we should expect energy prices to form in a modern system and the ways in which they should be expected to shape critical investment decisions. The author lays out a robust and sustainable approach to ensuring a reliable, low-carbon electric supply at the lowest reasonable cost.