Generation adequacy and transmission interconnection in regional electricity markets
| Autor: | Virginie Pignon, Dominique Finon, Marcelo Saguan, Mauricio Cepeda |
|---|---|
| Přispěvatelé: | EDF R&D (EDF R&D), EDF (EDF), University of Paris XI-GRJM Group, 27 Avenue Lombart, 92260 Fontenay-aux-Roses, affiliation inconnue, centre international de recherche sur l'environnement et le développement (CIRED), Centre National de la Recherche Scientifique (CNRS)-École des Ponts ParisTech (ENPC)-École des hautes études en sciences sociales (EHESS)-AgroParisTech-Centre de Coopération Internationale en Recherche Agronomique pour le Développement (Cirad) |
| Jazyk: | angličtina |
| Rok vydání: | 2009 |
| Předmět: |
Interconnection
business.industry 020209 energy 05 social sciences 02 engineering and technology Management Monitoring Policy and Law Environmental economics Public good [SHS.ECO]Humanities and Social Sciences/Economics and Finance Intervention (law) Electric power system General Energy Transmission (telecommunications) 0502 economics and business 0202 electrical engineering electronic engineering information engineering Economics Operations management Electricity 050207 economics business Externality Market failure |
| Zdroj: | Energy Policy Energy Policy, Elsevier, 2009, 37 (12), pp.5612-5622. ⟨10.1016/j.enpol.2009.08.060⟩ |
| ISSN: | 0301-4215 |
| DOI: | 10.1016/j.enpol.2009.08.060⟩ |
| Popis: | International audience; The power system capacity adequacy has public good features that cannot be entirely solved by electricity markets. Regulatory intervention is then necessary and established methods have been used to assess adequacy and help regulators to fix this market failure. In regional electricity markets, transmission interconnections play an important role in contributing to adequacy. However, the adequacy problem and related policy are typically considered at a national level. This paper presents a simple model to study how the interconnection capacity interacts with generation adequacy. First results indicate that increasing interconnection capacity between systems improves adequacy up to a certain level; further increases do not procure additional adequacy improvements. Furthermore, besides adequacy improvement, increasing transmission capacity under asymmetric adequacy criteria or national system characteristics could create several concerns about externalities. These results imply that regional coordination of national adequacy policies is essential to internalise adequacy of cross-border effects. © 2009. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|
Full Text from ScienceDirect