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Generation adequacy: Helping the market do its job

机译：发电充足性：帮助市场做好工作

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摘要

In response to concerns that competitive electricity markets may be subject to the development of an investment cycle, a number of adjustments to the market structure have been proposed for stabilizing investment in generating capacity. This paper reviews the advantages and disadvantages of these capacity mechanisms and presents a policy framework for selecting the most suitable capacity mechanism. The choice of capacity mechanism depends upon circumstances such as whether the market in question has a mandatory power pool and whether it is strongly interconnected to other markets. This analysis focuses specifically upon options for European markets, which typically are of the decentralized type (without mandatory power pools) and have significant exchanges with neighboring markets. These two factors complicate the implementation of a capacity mechanism.
机译：出于对竞争性电力市场可能会受到投资周期发展的关注的考虑，已提出了对市场结构的许多调整措施，以稳定发电能力的投资。本文回顾了这些能力机制的优缺点，并提出了一个选择最合适的能力机制的政策框架。容量机制的选择取决于各种情况，例如所讨论的市场是否具有强制性的权力池以及它是否与其他市场紧密关联。该分析专门针对欧洲市场的选择，这些选择通常是分散式的（没有强制性的权力池），并且与邻近市场有大量交易。这两个因素使能力机制的实施复杂化。

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