Conditions in the GB electricity market have improved slightly for gas-fired generators since last year’s capacity market auction, but most generation continues to be unprofitable. With little sign of significant improvements in the market from changes in commodity prices or underlying demand, the December auction may be influenced, even more than last year, by expectations for plant retirements both prior to and following this year’s auction. To read more, click the link below.
Weathering the storm: Utility resource planning in the face of weather-driven reliability risks
The authors assessed how modeling different weather year scenarios in capacity expansion planning can impact resource investment decisions and the resulting...