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oapen-20.500.12657-32905
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oapen-20.500.12657-329052022-04-26T12:47:35Z Capacity adequacy in the Nordic electricity market Nordic Council of Ministers, energy climate Demand response Euro Finland Generation gap Kilowatt hour Load profile Nordic countries Norway Sweden Watt bic Book Industry Communication::R Earth sciences, geography, environment, planning::RN The environment::RNP Pollution & threats to the environment::RNPG Climate change An increasing share of intermittent renewable generation and reduced profitability of conventional power generation has led to a growing concern for capacity adequacy in the Nordic electricity market (Nord Pool market area). It does not make sense to assess capacity adequacy for each country separately in the Nord Pool market area as it is highly integrated in terms of both interconnector capacity and market integration. Capacity challenges are rarely isolated to one country or bidding zone. This report analyses what market solutions may be used to manage capacity adequacy in the Nord Pool market area, and how an efficient transition to adequate market solutions could be achieved. The main analysis reveals several measures that would strengthen price formation and cost recovery in the Nord Pool market area, although in general, the market is already highly liquid and well-functioning. 2016-01-25 00:00:00 2020-04-01T14:22:14Z 2020-04-01T14:22:14Z 2015 book 594223 OCN: 994534310 0908-6692 9789289342858 http://library.oapen.org/handle/20.500.12657/32905 eng TemaNord application/pdf n/a 594223.pdf http://urn.kb.se/resolve?urn=urn:nbn:se:norden:org:diva-4054 Nordic Council of Ministers 10.6027/TN2015-560 10.6027/TN2015-560 cbc8ff1f-dd2d-4537-a10c-cede585e03f1 9789289342858 143 open access
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OAPEN
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DSpace
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English
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An increasing share of intermittent renewable generation and reduced profitability of conventional power generation has led to a growing concern for capacity adequacy in the Nordic electricity market (Nord Pool market area). It does not make sense to assess capacity adequacy for each country separately in the Nord Pool market area as it is highly integrated in terms of both interconnector capacity and market integration. Capacity challenges are rarely isolated to one country or bidding zone. This report analyses what market solutions may be used to manage capacity adequacy in the Nord Pool market area, and how an efficient transition to adequate market solutions could be achieved. The main analysis reveals several measures that would strengthen price formation and cost recovery in the Nord Pool market area, although in general, the market is already highly liquid and well-functioning.
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594223.pdf
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| spellingShingle |
594223.pdf
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| title_short |
594223.pdf
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| title_full |
594223.pdf
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| title_fullStr |
594223.pdf
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| title_full_unstemmed |
594223.pdf
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| title_sort |
594223.pdf
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| publisher |
Nordic Council of Ministers
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| publishDate |
2016
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| url |
http://urn.kb.se/resolve?urn=urn:nbn:se:norden:org:diva-4054
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| _version_ |
1771297395167985664
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