The greek capacity adequacy mechanism: Design, incentives, strategic behavior and regulatory remedies

2009 6th International Conference on the European Energy Market, EEM 2009

Volumn , Issue , 2009, Pages

  Sakellaris, Kostis ^a  

^a ATHENS UNIVERSITY OF ECONOMICS AND BUSINESS   (Greece)

Author keywords

Capacity mechanisms; Electricity markets; Mechanism design; Strategic behavior

Indexed keywords

CAPACITY ADEQUACY; CAPACITY MARKETS; CAPACITY MECHANISMS; CAPACITY PAYMENT MECHANISM; ELECTRICITY MARKETS; HYBRID MODEL; MARKET PARTICIPANTS; MECHANISM DESIGN; STRATEGIC BEHAVIOR;

COMMERCE;

MACHINE DESIGN;

EID: 70449365354     PISSN: None     EISSN: None     Source Type: Conference Proceeding    
DOI: 10.1109/EEM.2009.5207209     Document Type: Conference Paper

References (8)

1. Grid and Market Operation Code, RAE, 2005.
2. Regulatory Authority for Energy website, www.rae.gr
3. Annual Report to the EC, RAE, 2005.
4. Annual Report to the EC, RAE, 2008.
5. Sakellaris, K., A. Vlachos, K. Perrakis, M.C. Caramanis and S. Deb, "Developing a simulator for the Greek electricity market" presented at the conference "Energy Investments and Trade Opportunities", Athens, 2008.
6. De Vries, L.J, "Generation adequacy: Helping the market do its job", Utilities Policy, 15 (1), 20-35, 2007.
7. D. Finon and V. Pignon, "Electricity and long-term capacity adequacy: The quest for regulatory mechanism compatible with electricity market", Utilities Policy, 16 (3), 143-158, 2008.
8. Caramanis M.C., "Investment needs/prospects in Southeastern Europe and a capacity adequacy mechanism design", presented at the NARUC Winter Committee Meetings, Committee on International Relations, 2006.