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dc.contributor.authorWinzer, Christian
dc.date.accessioned2014-10-30T12:16:07Z
dc.date.available2014-10-30T12:16:07Z
dc.date.issued2013-11-26
dc.identifier.otherCWPE1338
dc.identifier.otherEPRG 1315
dc.identifier.urihttps://www.repository.cam.ac.uk/handle/1810/246273
dc.description.abstractIn the EU, several governments have introduced or are contemplating a capacity mechanism to ensure adequate investment in generation capacity. Previous research has focused on the impacts of capacity mechanisms on installed capacity and cost to consumers in case of efficient regulation. By contrast we find that the choice between capacity mechanisms may be influenced by the extent of regulatory errors as well as whether the mechanisms evaluated from the perspective of consumer cost or from a welfare perspective.en
dc.publisherFaculty of Economics
dc.relation.ispartofseriesCambridge Working Papers in Economics
dc.relation.ispartofseriesEPRG Working Paper
dc.rightsAll Rights Reserveden
dc.rights.urihttps://www.rioxx.net/licenses/all-rights-reserved/en
dc.subjectElectricity Market Investmenten
dc.subjectCapacity Mechanismen
dc.subjectStrategic Reserveen
dc.subjectReliability Contracten
dc.subjectCapacity Paymenten
dc.subjectRegulatory Inefficiencyen
dc.titleRobustness of Various Capacity Mechanisms to Regulatory Errorsen
dc.typeWorking Paperen
dc.type.versionnot applicableen
dc.identifier.doi10.17863/CAM.5358


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