TY - GEN
T1 - Resource adequacy in competitive electricity markets
AU - Gross, George
AU - Ruiz, Pablo
PY - 2004
Y1 - 2004
N2 - 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.
AB - 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.
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M3 - Conference contribution
AN - SCOPUS:13244270051
SN - 0780384652
SN - 9780780384651
T3 - 2004 IEEE Power Engineering Society General Meeting
SP - 1014
EP - 1015
BT - 2004 IEEE Power Engineering Society General Meeting
T2 - 2004 IEEE Power Engineering Society General Meeting
Y2 - 6 June 2004 through 10 June 2004
ER -