An analysis of long-term impacts of demand response on investments in thermal power plants and generation adequacy
2016 13th International Conference on the European Energy Market (EEM)（2016）
摘要
In liberalized energy markets, the issue of generation adequacy gains more and more in importance. Especially demand response is regarded as a crucial measure to handle supply and demand imbalances caused by inflexible renewable energy resources (RES) power production. However, the influence of demand response on wholesale electricity prices has not been sufficiently analyzed up to now.
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关键词
long-term impact analysis,demand response,thermal power plant,generation adequacy,liberalized energy market,supply and demand imbalance,renewable energy resource,RES power production,electricity price,power plant capacity,agent-based simulation,ABS model,interruptible load,market clearing,supply scarcity,interrupting industrial process,investment incentive,energy-only-market theory,EOM theory,bidding price,demand curve,power plant profitability,capacity market
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