Paper
The Evaluation of Hydropower Generation Capacity Based on Capacity Market
- Authors:
- Yuxiang Tan; Yonggang Wu; Jincheng Wu
- Abstract
- Hydropower generation has contributed to reduction of anthropogenic greenhouse gas emissions from fossil fuels use. However the uncertainty of water inflow brings about price volatility in electricity markets. The capacity market mechanisms have been built up in order to hedge price volatility. As a result, the reliability and availability of hydropower installed capacity become a problem due to the intermittency and unpredictability of highly variable natural inflow. This article tries to analyse the suited offering efficient capacity with a reasonable offering capacity price to ensure hydropower generation entering into the market and recovering its investment.
- Keywords
- Capacity Market; Hydropower Generation; Efficient Capacity
- StartPage
- 35
- EndPage
- 38
- Doi