The case for a new capacity mechanism in the UK electricity market—Lessons from Australia and New Zealand |
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| Authors: | Jamie Carstairs Ian Pope |
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| Affiliation: | 1. Linnfall Consulting, UK;2. Mercados, UK |
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| Abstract: | The UK Government plans a capacity mechanism to ensure sufficient reserves as the share of intermittent generation increases. This article reviews the use of last resort capacity mechanisms in two other energy-only markets, Australia and New Zealand. |
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| Keywords: | Electricity Market Reform |
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