| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 707392 | The Electricity Journal | 2007 | 14 Pages |
Abstract
The Reliability Pricing Model introduces significant changes to the capacity market structure of PJM. The main feature of the RPM design is a downward-sloping demand curve, which replaces the highly volatile vertical demand curve. The authors review the latest RPM structure, results of the auctions, and the future course of the implementation process.
Related Topics
Physical Sciences and Engineering
Energy
Energy Engineering and Power Technology
Authors
Adil Caner Sener, Stefan Kimball,