| Srl | Item |
| 1 |
ID:
099340
|
|
|
|
|
| Publication |
2010.
|
| Summary/Abstract |
Since the very beginning of the power systems reform process, one of the key questions posed has been whether the market, of its own accord, is able to provide satisfactory security of supply at the power generation level or if some additional regulatory mechanism needs to be introduced, and in the latter case, which is the most suitable approach to tackle the problem. This matter is undoubtedly gaining importance and it has taken a key role in the energy regulators' agendas.
In this paper, we critically review and categorize the different approaches regulators can opt for to deal with the problem of guaranteeing (or at least enhancing) security of supply in a market-oriented environment. We analyze the most relevant regulatory design elements throughout an updated assessment of the broad range of international experiences, highlighting the lessons we have learned so far in a variety of contexts. Based on the analysis, we conclude by providing a set of principles and criteria that should be considered by the regulator when designing a security of supply mechanism.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 2 |
ID:
107634
|
|
|
|
|
| Publication |
2011.
|
| Summary/Abstract |
Large integration of intermittent wind generation in power system has necessitated the inclusion of more innovative and sophisticated approaches in power system investment planning. This paper presents a novel framework on the basis of a combination of stochastic dynamic programming (SDP) algorithm and game theory to study the impacts of different regulatory interventions to promote wind power investment in generation expansion planning. In this study, regulatory policies include Feed-in-Tariff (FIT) incentive, quota and tradable green certificate. The intermittent nature and uncertainties of wind power generation will cause the investors encounter risk in their investment decisions. To overcome this problem, a novel model has been derived to study the regulatory impacts on wind generation expansion planning. In our approach, the probabilistic nature of wind generation is modeled. The model can calculate optimal investment strategies, in which the wind power uncertainty is included. This framework is implemented on a test system to illustrate the working of the proposed approach. The result shows that FITs are the most effective policy to encourage the rapid and sustained deployment of wind power. FITs can significantly reduce the risks of investing in renewable energy technologies and thus create conditions conducive to rapid market growth.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 3 |
ID:
111071
|
|
|
|
|
| Publication |
2012.
|
| Summary/Abstract |
Since the very beginning of the restructuring process, back in 1982 in Chile, the ability of an electricity market to provide the system with the required level of security of supply has been put into question. The mistrust on the ability of the market, left to its own devices, to provide sufficient generation availability when needed, is more and more leading to the implementation of additional regulatory mechanisms. This matter is undoubtedly gaining importance and it has taken a key role in the energy regulators' agendas.
In this paper, we revisit this discussion under the light of thirty years of electricity market experience. We analyze the different reasons why, although ideally the market is supposed to provide itself an adequate security of supply at the generation level, this result is still far from being achieved in practice.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|