IDEAS home Printed from https://ideas.repec.org/p/hal/journl/hal-00716344.html
   My bibliography  Save this paper

Generation adequacy and transmission interconnection in regional electricity markets

Author

Listed:
  • M. Cepeda

    (EDF R&D - EDF R&D - EDF - EDF)

  • M. Saguan

    (University of Paris XI-GRJM Group, 27 Avenue Lombart, 92260 Fontenay-aux-Roses - affiliation inconnue)

  • D. Finon

    (CIRED - centre international de recherche sur l'environnement et le développement - Cirad - Centre de Coopération Internationale en Recherche Agronomique pour le Développement - EHESS - École des hautes études en sciences sociales - AgroParisTech - ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique)

  • V. Pignon

    (EDF R&D - EDF R&D - EDF - EDF)

Abstract

The power system capacity adequacy has public good features that cannot be entirely solved by electricity markets. Regulatory intervention is then necessary and established methods have been used to assess adequacy and help regulators to fix this market failure. In regional electricity markets, transmission interconnections play an important role in contributing to adequacy. However, the adequacy problem and related policy are typically considered at a national level. This paper presents a simple model to study how the interconnection capacity interacts with generation adequacy. First results indicate that increasing interconnection capacity between systems improves adequacy up to a certain level; further increases do not procure additional adequacy improvements. Furthermore, besides adequacy improvement, increasing transmission capacity under asymmetric adequacy criteria or national system characteristics could create several concerns about externalities. These results imply that regional coordination of national adequacy policies is essential to internalise adequacy of cross-border effects. © 2009.

Suggested Citation

  • M. Cepeda & M. Saguan & D. Finon & V. Pignon, 2009. "Generation adequacy and transmission interconnection in regional electricity markets," Post-Print hal-00716344, HAL.
    • Handle: RePEc:hal:journl:hal-00716344
    DOI: 10.1016/j.enpol.2009.08.060
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Möbius, Thomas & Riepin, Iegor & Müsgens, Felix & van der Weijde, Adriaan H., 2023. "Risk aversion and flexibility options in electricity markets," Energy Economics, Elsevier, vol. 126(C).
    2. Ochoa, Camila & Gore, Olga, 2015. "The Finnish power market: Are imports from Russia low-cost?," Energy Policy, Elsevier, vol. 80(C), pages 122-132.
    3. Bakhshideh Zad, Bashir & Toubeau, Jean-François & Bruninx, Kenneth & Vatandoust, Behzad & De Grève, Zacharie & Vallée, François, 2022. "Supervised learning-assisted modeling of flow-based domains in European resource adequacy assessments," Applied Energy, Elsevier, vol. 325(C).
    4. Astier, Nicolas & Ovaere, Marten, 2022. "Reliability standards and generation adequacy assessments for interconnected electricity systems," Energy Policy, Elsevier, vol. 168(C).
    5. Hagspiel, Simeon, 2017. "Reliable Electricity: The Effects of System Integration and Cooperative Measures to Make it Work," EWI Working Papers 2017-13, Energiewirtschaftliches Institut an der Universitaet zu Koeln (EWI).
    6. repec:dau:papers:123456789/13152 is not listed on IDEAS
    7. Hagspiel, Simeon & Knaut, Andreas & Peter, Jakob, 2017. "Reliability in Multy-Regional Power Systems - Capacity Adequacy and the Role of Interconnectors," EWI Working Papers 2017-7, Energiewirtschaftliches Institut an der Universitaet zu Koeln (EWI), revised 29 Jun 2018.
    8. Peter, Jakob & Wagner, Johannes, 2018. "Optimal Allocation of Variable Renewable Energy Considering Contributions to Security of Supply," EWI Working Papers 2018-2, Energiewirtschaftliches Institut an der Universitaet zu Koeln (EWI).
    9. Zakeri, Behnam & Price, James & Zeyringer, Marianne & Keppo, Ilkka & Mathiesen, Brian Vad & Syri, Sanna, 2018. "The direct interconnection of the UK and Nordic power market – Impact on social welfare and renewable energy integration," Energy, Elsevier, vol. 162(C), pages 1193-1204.
    10. Ochoa, Camila & van Ackere, Ann, 2015. "Winners and losers of market coupling," Energy, Elsevier, vol. 80(C), pages 522-534.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:journl:hal-00716344. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.