Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
706754 | The Electricity Journal | 2006 | 9 Pages |
Abstract
RTOs’ make-whole payments for generation commitment are needed partly because of flaws in the design of reserve markets. Markets might be made more efficient with greater locational differentiation in reserve prices and incorporation of make-whole payments into reserve prices.
Related Topics
Physical Sciences and Engineering
Energy
Energy Engineering and Power Technology
Authors
Laurence D. Kirsch, Mathew J. Morey,