Integration of Capacity Markets into the European Electricity Market

Stamtsis, Giorgos; Lychnaras, Vassilis

doi:10.22618/tp.ei.20151.192001

Cited by 2 publications

(2 citation statements)

References 2 publications

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“…A review of existing capacity mechanisms in Europe is given in [31]. In [32], we provided an approach of using cooperative game theory for capacity markets purposes.…”

Section: Coalitional Games For Capacity Marketsmentioning

confidence: 99%

Cooperation or Localization in European Capacity Markets? A Coalitional Game over Graph Approach

Stamtsis

Doukas

2018

Energies

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Capacity markets, as a means to address the capacity adequacy issue, are constantly becoming an important part of the European internal electricity market. The debate focuses on how the capacity markets will be smoothly integrated in one Pan-European power market, without resulting in multiple national fragmentations and consequently in economic efficiency losses. Cross-border participation and regional cooperation are considered as two sine qua non conditions in this respect. The present paper provides a coalitional game theoretical approach aiming to facilitate the cooperation of neighboring countries, when it comes to the security of electricity supply and the necessity of establishing a capacity market. Such an approach can support respective decisions about capacity markets cooperation as well as stress-test the benefits considering all cooperation possibilities.

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“…A review of existing capacity mechanisms in Europe is given in [31]. In [32], we provided an approach of using cooperative game theory for capacity markets purposes.…”

Section: Coalitional Games For Capacity Marketsmentioning

confidence: 99%

Cooperation or Localization in European Capacity Markets? A Coalitional Game over Graph Approach

Stamtsis

Doukas

2018

Energies

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“…An extensive justification regarding the necessity of well-designed and wellfunctioning capacity markets, along with well-functioning energy and ancillary services markets is provided in (Joskow, 2008;Stamtsis, G. and Lychnaras, 2015).…”

Section: Introductionmentioning

confidence: 99%

Cooperative Game Theory Solutions in Regional European Capacity Markets

Stamtsis¹,

Lychnaras²

2016

Engineering and Industry

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The present paper investigates the use of cooperative game theory and its methods in the emerging landscape of the capacity markets in Europe. In order not to hinder the development of Europe's internal electricity market and to reduce the costs of ensuring the security of supply in electricity, the coordination between the continent's countries is deemed necessary on regional or even European level. Cooperative game theory methods are ideal to support the establishment of such coordination initiatives and then to allocate the savings occurring from this coordination in the most robust and rational way.

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Integration of Capacity Markets into the European Electricity Market

Cited by 2 publications

References 2 publications

Cooperation or Localization in European Capacity Markets? A Coalitional Game over Graph Approach

Cooperation or Localization in European Capacity Markets? A Coalitional Game over Graph Approach

Cooperative Game Theory Solutions in Regional European Capacity Markets

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