Electricity capacity markets

Author / Creator

Aagaard, Todd, author

Available as

Online

Summary

"Initially created as afterthoughts to competitive electricity markets, capacity markets were intended to enhance system reliability. They have evolved into massive, highly controversial, and poorl...

"Initially created as afterthoughts to competitive electricity markets, capacity markets were intended to enhance system reliability. They have evolved into massive, highly controversial, and poorly understood billion-dollar institutions. This book examines the rationales for creating capacity markets, how capacity markets work, and how well these markets are meeting their objectives"--

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