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    Cochran, Jaquelin, Matthew Futch, Juha Kiviluoma, Hannele Holtinnen, Antje Orths, Emilio Gómez-Lázaro, Sergio Martín-Martínez, et al. Market Evolution: Wholesale Electricity Market Design for 21st Century Power Systems.. NREL, 2013. Publisher's VersionAbstract
    Cochran, Jaquelin, et al. 21st Century Power Partnership. Market Evolution: Wholesale Electricity Market Design for 21st Century Power Systems." Produced under the guidance of the Department of Energy and the Clean Energy Ministerial by the National Renewable Energy Laboratory under Interagency Agreement S- OES - 12 - IA - 0010 and Task Number WFH1.2010. October 7, 2013."

    Market Design

    Find papers and presentations on all market design topics;

    Capacity Markets, Competitive Market Models, ELMP, Financial Transmission Rights, investment incentives, lessons from abroad, lessons from other industries, LMP, price formation, regional transmission organizations, retail pricing, and. scarcity pricing.

     

    Marginal Cost

    The cost of providing additional electricity; "The competitive price of a MWh of electricity is equal to the additional amount it would cost to generate an additional MWh, once all current demand is met. This additional cost is commonly referred to as the marginal cost. The marginal cost of generating electricity rises as more electricity is produced, because different generators use different types and amounts of fuel_.under competition, the rising marginal cost of electricity leads to high prices when demand is high and low prices during low-demand periods." (GAO-02-828 Restructured... Read more about Marginal Cost

    Margin

    The difference between net capacity (a system's total capacity resources) and net internal demand, that is generally expressed in MW for operating reserves and as a percentage of either system load or installed generating capacity for planning reserves

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