Capacity markets are a large part of electricity markets, costing consumers billions of dollars and creating deep controversy. But understanding of capacity markets is severely limited, and they have rarely been examined in depth. This is the first comprehensive analysis of these markets and their economic, legal, and political aspects.
Capacity markets are a large part of electricity markets, costing consumers billions of dollars and creating deep controversy. But understanding of capacity markets is severely limited, and they have rarely been examined in depth. This is the first comprehensive analysis of these markets and their economic, legal, and political aspects.Hinweis: Dieser Artikel kann nur an eine deutsche Lieferadresse ausgeliefert werden.
Todd Aagaard is Professor of Law at the Villanova University Charles Widger School of Law. He teaches and writes in environmental law, energy law, and administrative law. Prior to becoming an academic, he worked as an attorney in the Justice Department's Environment and Natural Resources Division.
Inhaltsangabe
1. Introduction 2. Capacity markets primer 3. Restructured electricity markets and regional transmission organizations 4. Reliability and the 'missing money' problem 5. Capacity policies 6. First-generation capacity markets 7. Second-generation capacity markets 8. Capacity market demand 9. Capacity market supply 10. Capacity market design 11. Market power 12. Minimum offer price rules 13. The Texas alternative 14. Conclusion.