Article ID Journal Published Year Pages File Type
7405959 Energy Policy 2012 12 Pages PDF
Abstract
► We suggest the introduction of a capacity market for resource adequacy in Korea. ► The current capacity payment does not induce the optimal fuel mix. ► The Southern zone needs more infra-marginal generators. ► The Metropolitan zone needs marginal generators due to transmission congestion. ► Zonal capacity markets induce the efficient generation investment across zones.
Keywords
Related Topics
Physical Sciences and Engineering Energy Energy Engineering and Power Technology
Preview
The resource adequacy scheme in the Korean electricity market
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