Dynamic Long-Term Modelling of Generation Capacity Investment and Capacity Margins : a GB Market Case Study

@inproceedings{Eager2012DynamicLM,
  title={Dynamic Long-Term Modelling of Generation Capacity Investment and Capacity Margins : a GB Market Case Study},
  author={Dan Eager and B. Hobbs and Janusz Bialek},
  year={2012}
}
Many governments who preside over liberalised energy marke ts are developing policies aimed at promoting investment in renewable generation whilst mai ntaining the level of security of supply customers have come to expect. Of particular interest is the mix and amount of generation investment over time in response to policies promoting high penetratio ns f variable output renewable power such as wind. Modelling the dynamics of merchant generation investment i n market environments can inform the… CONTINUE READING
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