Capacity adequacy in the Nordic electricity market

• Yazar: Nordic Council of Ministers (auth)
• Materyal Türü: Elektronik Kitap Bölümü
• Dil: İngilizce
• Baskı/Yayın Bilgisi: Nordic Council of Ministers 2015
• Seri Bilgileri: TemaNord
• Konular: Climate change; energy; climate; Demand response; Euro; Finland; Generation gap; Kilowatt hour; Load profile; Nordic countries; Norway; Sweden; Watt
• Online Erişim: OAPEN Library: download the publication; OAPEN Library: description of the publication

Özet

An increasing share of intermittent renewable generation and reduced profitability of conventional power generation has led to a growing concern for capacity adequacy in the Nordic electricity market (Nord Pool market area). It does not make sense to assess capacity adequacy for each country separately in the Nord Pool market area as it is highly integrated in terms of both interconnector capacity and market integration. Capacity challenges are rarely isolated to one country or bidding zone. This report analyses what market solutions may be used to manage capacity adequacy in the Nord Pool market area, and how an efficient transition to adequate market solutions could be achieved. The main analysis reveals several measures that would strengthen price formation and cost recovery in the Nord Pool market area, although in general, the market is already highly liquid and well-functioning.

Fiziksel Özellikler

1 electronic resource (143 p.)

ISBN

TN2015-560
9789289342858

Erişim

Open Access