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A Comparative Study of Pricing Mechanisms to Reduce Side-Payments in the Electricity Market: A Case Study for South Korea

Under marginal-cost pricing, some generators cannot recover their production costs at the market price due to non-convexities in the electricity market. For this reason, most electricity markets pay side-payments to generators whose costs are not sufficiently recovered, but side-payments present the...

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Autors principals: Hansol Shin, Tae Hyun Kim, Kyuhyeong Kwag, Wook Kim
Format: Artigo
Idioma:Inglês
Publicat: MDPI AG 2021-06-01
Col·lecció:Energies
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Accés en línia:https://www.mdpi.com/1996-1073/14/12/3395
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