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来源类型Papers
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DOIhttps://doi.org/10.26889/9781784670948
Electricity market design for a decarbonised future: An integrated approach
Donna Peng; Rahmat Poudineh
发表日期2017-10-26
出版年2017
页码3
语种英语
概述In recent years, the debate on electricity market design in the EU has focused on the fitness-for-purpose of the existing dominant design, the appropriateness of energy policy that underpins the existing market design, and on the process through which energy policy is coordinated with market design. In this paper, we contribute to this debate on […]
摘要In recent years, the debate on electricity market design in the EU has focused on the fitness-for-purpose of the existing dominant design, the appropriateness of energy policy that underpins the existing market design, and on the process through which energy policy is coordinated with market design. In this paper, we contribute to this debate on all three levels. First, we propose a ‘module-and-level’-based framework to illustrate our diagnosis of coordination issues present in the EU’s power markets. We apply this framework to make a systematic identification of existing misalignments between the components of current market design and physical RES integration/financial RES support schemes. Secondly, we argue that the role of energy policy is not just in managing existing trade-offs between competitiveness, sustainability, and reliability, but also in encouraging innovations that increase the compatibility of energy policy objectives in the future. Finally, we propose a seven-step condition-dependent evolution of power market design, where the government/regulatory authority plays the role of meta-coordinator, matching the adaptation of market-based coordination modules with a hybrid future where distributed energy resources coexist with centralised generation, while decentralised market participants trade with each other and with incumbents. Executive Summary
主题Electricity & Nuclear ; Electricity Programme ; Energy and the Environment ; Energy Policy
关键词capacity market EL 26 EL26 electricity market design Government grid regulation Investment Renewable retail market
URLhttps://www.oxfordenergy.org/publications/electricity-market-design-decarbonised-future-integrated-approach/
来源智库Oxford Institute for Energy Studies (United Kingdom)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/312503
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GB/T 7714
Donna Peng,Rahmat Poudineh. Electricity market design for a decarbonised future: An integrated approach. 2017.
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