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Article: Generation capacity adequacy in the deregulated electricity market environment

TitleGeneration capacity adequacy in the deregulated electricity market environment
Authors
KeywordsCapacity payment
Electricity market
Generation capacity deficiency
Installed capacity market
Investment
Market failure
Regulation
Issue Date2002
Citation
Dianli Xitong Zidonghue/Automation Of Electric Power Systems, 2002, v. 26 n. 19, p. 16-22 How to Cite?
AbstractOne of the challenges for power industry restructuring is to maintain sufficient generation installed capacity to meet demand in nowadays and in the future, and the electricity market failure in California has brought this subject to the forefront of extensive debates. This paper initiates a reviews, assessment and discussion on one important issues related to ensuring adequate generation capacity additions under a competitive electricity market environment, including: Can an energy-only market alone lead to sufficient generation capacity? Should prices of electricity be capped or not? Why is capacity payment or capacity market needed? How should the capacity payment be determined? Existing approaches for capacity payments: Relationship between capacity markets and ancillary service markets: Roles of regulatory organizations.
Persistent Identifierhttp://hdl.handle.net/10722/74096
ISSN
2023 SCImago Journal Rankings: 1.171
References

 

DC FieldValueLanguage
dc.contributor.authorWen, Fen_HK
dc.contributor.authorWu, FFen_HK
dc.contributor.authorNi, Yen_HK
dc.date.accessioned2010-09-06T06:57:46Z-
dc.date.available2010-09-06T06:57:46Z-
dc.date.issued2002en_HK
dc.identifier.citationDianli Xitong Zidonghue/Automation Of Electric Power Systems, 2002, v. 26 n. 19, p. 16-22en_HK
dc.identifier.issn1000-1026en_HK
dc.identifier.urihttp://hdl.handle.net/10722/74096-
dc.description.abstractOne of the challenges for power industry restructuring is to maintain sufficient generation installed capacity to meet demand in nowadays and in the future, and the electricity market failure in California has brought this subject to the forefront of extensive debates. This paper initiates a reviews, assessment and discussion on one important issues related to ensuring adequate generation capacity additions under a competitive electricity market environment, including: Can an energy-only market alone lead to sufficient generation capacity? Should prices of electricity be capped or not? Why is capacity payment or capacity market needed? How should the capacity payment be determined? Existing approaches for capacity payments: Relationship between capacity markets and ancillary service markets: Roles of regulatory organizations.en_HK
dc.languageengen_HK
dc.relation.ispartofDianli Xitong Zidonghue/Automation of Electric Power Systemsen_HK
dc.subjectCapacity paymenten_HK
dc.subjectElectricity marketen_HK
dc.subjectGeneration capacity deficiencyen_HK
dc.subjectInstalled capacity marketen_HK
dc.subjectInvestmenten_HK
dc.subjectMarket failureen_HK
dc.subjectRegulationen_HK
dc.titleGeneration capacity adequacy in the deregulated electricity market environmenten_HK
dc.typeArticleen_HK
dc.identifier.emailWu, FF: ffwu@eee.hku.hken_HK
dc.identifier.emailNi, Y: yxni@eee.hku.hken_HK
dc.identifier.authorityWu, FF=rp00194en_HK
dc.identifier.authorityNi, Y=rp00161en_HK
dc.description.naturelink_to_subscribed_fulltext-
dc.identifier.scopuseid_2-s2.0-0036819013en_HK
dc.identifier.hkuros83100en_HK
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-0036819013&selection=ref&src=s&origin=recordpageen_HK
dc.identifier.volume26en_HK
dc.identifier.issue19en_HK
dc.identifier.spage16en_HK
dc.identifier.epage22en_HK
dc.publisher.placeChinaen_HK
dc.identifier.scopusauthoridWen, F=7102815249en_HK
dc.identifier.scopusauthoridWu, FF=7403465107en_HK
dc.identifier.scopusauthoridNi, Y=7402910021en_HK
dc.identifier.issnl1000-1026-

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