Capacity Mechanisms: ensuring long-term system adequacy during the energy transition in the electricity market

Electrification by means of renewable energy sources in electricity production (RES-E) is a key strategy to meet global climate goals established in the Paris Agreement. The increasing share of RES-E as a result of this has significant implications on the functioning of the electricity system and the adequacy of the electricity market design, as...

Myopic Optimisation of Generation and Storage Investment for Long-Term Electricity System Planning

<br/>Power system planning is a strenuous exercise for both people and computers. As carbon goals and geopolit- ical complexities intensify, the number of scenarios for electricity system development is limitless. In search of robust policy and profitable investments, policymakers and investment managers rely on long-term elec- tricity system...