A New Swing-Contract Design for Wholesale Power Markets
A New Swing-Contract Design for Wholesale Power Markets
by Leigh S. Tesfatsion
English | 2021 | ISBN: 1119670128 | 270 Pages | PDF | 8 MB
This book promotes a linked swing-contract market design for centrally-managed wholesale power markets to facilitate increased reliance on renewable energy resources and demand-side participation. The proposed swing contracts are firm or option two-part pricing contracts permitting resources to offer the future availability of dispatchable power paths (reserve) with broad types of flexibility in their power attributes.
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