Resource adequacy in competitive electricity markets

George Gross, Pablo Ruiz

Research output: Chapter in Book/Report/Conference proceedingConference contribution


The definition of resource adequacy in terms of the supply and demand resources of the system is discussed. It is observed that the lack of adequate resources adversely impacts the economic growth of a region. The lack of demand response is due to both the existing policies and the way electricity markets were implemented around the world. It is concluded that the lack of real-time metering, and the societal need for electric energy may require an explicit consideration of the resource adequacy problem in the design of competitive electricity markets.

Original languageEnglish (US)
Title of host publication2004 IEEE Power Engineering Society General Meeting
Number of pages2
StatePublished - Dec 1 2004
Event2004 IEEE Power Engineering Society General Meeting - Denver, CO, United States
Duration: Jun 6 2004Jun 10 2004

Publication series

Name2004 IEEE Power Engineering Society General Meeting


Other2004 IEEE Power Engineering Society General Meeting
Country/TerritoryUnited States
CityDenver, CO

ASJC Scopus subject areas

  • Engineering(all)


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