DocumentCode :
2286813
Title :
Locational signals in electricity market design: Do they really matter?
Author :
Hadush, Samson ; Buijs, Patrik ; Belmans, Ronnie
Author_Institution :
Dept. of Electr. Eng., Katholieke Univ. Leuven, Leuven, Belgium
fYear :
2011
fDate :
25-27 May 2011
Firstpage :
622
Lastpage :
627
Abstract :
This study identifies potential electricity market design (EMD) approaches of sending Locational Signals (LS) that guide the location of generation plants. The stability, predictability and strength of LS from each approach are evaluated using cases from European electricity market. Additionally, important LS outside EMD are identified and compared against the signals from EMD. The paper concludes that LS from EMD do not always matter. Policy makers should be aware of the many factors influencing generation investments when setting up or changing an EMD and assess the potential of the envisaged incentives in relation with other incentives within and outside the EMD.
Keywords :
power generation economics; power markets; European electricity market; electricity market design; generation investments; generation plants; locational signals; Electricity; Electricity supply industry; Europe; Generators; Investments; Ocean temperature; Production;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Energy Market (EEM), 2011 8th International Conference on the European
Conference_Location :
Zagreb
Print_ISBN :
978-1-61284-285-1
Electronic_ISBN :
978-1-61284-284-4
Type :
conf
DOI :
10.1109/EEM.2011.5953086
Filename :
5953086
Link To Document :
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