Long Term Electricity Market Design: Pricing Quality?

Add to your list(s) Download to your calendar using vCal

• Hannes Weigt (Universität Basel)
• Monday 18 March 2019, 16:30-17:15
• Seminar Room 1, Newton Institute.

If you have a question about this talk, please contact INI IT.

MESW02 - Electricity systems of the future: incentives, regulation and analysis for efficient investment

Future electricity market design needs to address a set of challenges to provide for efficient investment, supply and consumption decisions. The objective of this paper is to sketch those problems and challenges embedded along the electricity value chain and identify how they are altered when shifting from a pre-dominantly centralized nuclear and fossil system towards a system with a mix of central and decentralized elements as well as a high share of intermittent renewable generation. Of particular concern is the mismatch of incentive structures (i.e. between highly dynamic wholesale markets setting incentives for large scale investors and average tariff structures on the end user side setting incentives for prosumers) as well as the security of supply dimension (i.e. shifting from a public good character within regulated systems towards a potential private good in a system characterized by smart control structures). Based on those structures we aim to derive potential market and price setting designs suited for a future electricity market. Frank C. Krysiak and Hannes Weigt

This talk is part of the Isaac Newton Institute Seminar Series series.

This talk is included in these lists:

• All CMS events
• Featured lists
• INI info aggregator
• Isaac Newton Institute Seminar Series
• School of Physical Sciences
• Seminar Room 1, Newton Institute
• bld31

Note that ex-directory lists are not shown.