Abstract Non-dispatchable Renewable Energy Sources (RES) changed energy production
from being centralised and fully dispatchable, to be more decentralised and less predictable …

To ensure sufficient power generation capacity and minimize the risk of blackouts, many
countries have introduced capacity mechanisms that provide payments for power plants …

Capacity remuneration mechanisms operate in many European countries. In 2018, Poland
implemented a centralized capacity market to ensure appropriate funding for the existing …

Energy support schemes can either facilitate or restrict the sustainable development of the
energy sector. This article reviews the interface and interaction between two types of energy …

Abstract Purpose of Review On March 14, 2023, the European Commission (EC) published
the much awaited “Proposal for a regulation (…) to improve the Union's electricity market …

In electricity markets around the world, the substantial increase of intermittent renewable
electricity generation has intensified concerns about generation adequacy, ultimately driving …

The Colombian short-term electricity market is characterised by a single settlement and by
the clearing of a single national hourly spot price for the entire grid. This price is computed …

Capacity mechanisms are now deemed a regulatory mainstay in liberalised power system
decarbonisation. These instruments aim to ensure sufficient resource adequacy with a mix …

Reliability Options are capacity remuneration mechanisms aimed at enhancing security of
supply in electricity systems. They can be framed as call options on electricity sold by power …

The need to integrate growing shares of variable renewable resources, like solar and wind,
into the power system has initiated a new wave of resource adequacy policy reforms …