Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
6683813 | Applied Energy | 2016 | 12 Pages |
Abstract
On the basis of a model analysis, this article demonstrates how the introduction of properly designed explicit penalty schemes for under-delivery can positively impact the CRM outcomes, providing resources with effective incentives to maximise their reliability, discriminating against non-firm generation units, and therefore increasing the effectiveness of the mechanism in achieving its objectives.
Related Topics
Physical Sciences and Engineering
Energy
Energy Engineering and Power Technology
Authors
Paolo Mastropietro, Ignacio Herrero, Pablo Rodilla, Carlos Batlle,