Title :
Supplying the generation to meet the demand
Author :
Papalexopoulos, Alex D.
Abstract :
This article summarizes the available options for solving the problem of ensuring adequate generation supply and proposes a methodology that offers some advantages over other approaches currently in operation. It presents the main options currently available for ensuring adequate generation supply and reliability and presents an overview of the approaches currently implemented at the Eastern ISOs in the United States. It also proposes a methodology that offers some advantages over other approaches currently in operations.
Keywords :
power generation economics; power generation reliability; power markets; Eastern ISO; adequate generation supply; independent system operator; power generation reliability; Contracts; Electricity supply industry; ISO; Investments; Large-scale systems; Maintenance; Meeting planning; Power generation; Pricing; Scheduling;
Journal_Title :
Power and Energy Magazine, IEEE
DOI :
10.1109/MPAE.2004.1310879