Capacity Markets

Abstract

- This work aims at studying an ideal capacity market

model, a free-market competition model that allows all entities

to commercialize power. The proposed capacity market

differentiates itself from other market models mainly through

implementing the possibility of any energy entity to participate.

This new model allows a domestic consumer to become

consumer and producer of capacity at the same time.

This work focuses on the limits of wind penetration in the

power network and the creation of a capacity market that allows

the commercialization of domestic capacity. It is also addressed

the contribution of capacity market for the electrical system and

its actors.