2018
DOI: 10.26889/9781784671198
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Decarbonized market design

Abstract: In the face of challenges to energy-only market design under the electricity sector transition, an option considered by many jurisdictions is to incorporate some form of centralized capacity mechanism to respond to shortfalls in the market provision. For example, the UK government has already introduced a formal capacity market. In Germany and Belgium, strategic reserve mechanisms have already been approved and will be introduced shortly. Other markets, such as the National Electricity Market of Australia, are… Show more

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Cited by 2 publications
(1 citation statement)
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“…Although statistics indicate that worldwide coal consumption has plateaued, its share of the total world energy consumption will remain substantial until 2040. , Coal currently supplies a third of all energy consumption worldwide and 40% of the world’s electricity needs . For many countries, coal will remain the major source of electricity for the foreseeable future .…”
Section: Introductionmentioning
confidence: 99%
“…Although statistics indicate that worldwide coal consumption has plateaued, its share of the total world energy consumption will remain substantial until 2040. , Coal currently supplies a third of all energy consumption worldwide and 40% of the world’s electricity needs . For many countries, coal will remain the major source of electricity for the foreseeable future .…”
Section: Introductionmentioning
confidence: 99%