NDLI: Capacity payments in competitive electricity markets

Content Provider	IEEE Xplore Digital Library
Author	Wu Jiekang Li Jiayu
Copyright Year	2004
Description	Author affiliation: Dept. of Electr. Eng., Guangxi Univ., Nanning, China (Wu Jiekang; Li Jiayu)
Abstract	A bilateral trade model for capacity payments is presented in this paper. The procedure is based on an organized market where IPP (independent power producer) and LSEs (load serving entities) or large customers can trade the capacity just like energy. So both the price and allocation among the different plants and LSEs are determined through competitive mechanisms. This results in the stabilization of the income of the generators and provides a clear incentive for new generation investment. It also shows how much capacity the customers need in the future and how much they are willing to pay. Additionally, the relationship between energy market and the capacity payments also can be used to mitigate the highly volatile spot price. The proposed model has been tested with a study case and some computation results have been demonstrated. Nash equilibrium game is used to compare the abuse of market power in two type of capacity market.
Starting Page	373
Ending Page	378
File Size	1037633
Page Count	6
File Format	PDF
ISBN	0780386108
DOI	10.1109/ICPST.2004.1460023
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2004-11-21
Publisher Place	Singapore
Access Restriction	Subscribed
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	Investments Economic forecasting Electricity supply industry Regulators Power generation Testing Nash equilibrium Monopoly Construction industry Capacity planning
Content Type	Text
Resource Type	Article

Sl.	Authority	Responsibilities	Communication Details
1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
5	Website/Portal (Helpdesk)	Queries regarding NDLI and its services	support@ndl.gov.in
6	Contents and Copyright Issues	Queries related to content curation and copyright issues	content@ndl.gov.in
7	National Digital Library of India Club (NDLI Club)	Queries related to NDLI Club formation, support, user awareness program, seminar/symposium, collaboration, social media, promotion, and outreach	clubsupport@ndl.gov.in
8	Digital Preservation Centre (DPC)	Assistance with digitizing and archiving copyright-free printed books	dpc@ndl.gov.in
9	IDR Setup or Support	Queries related to establishment and support of Institutional Digital Repository (IDR) and IDR workshops	idr@ndl.gov.in