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Generation Adequacy in an Island Electricity System. ESRI WP161. October 2004

Fitz Gerald, John (2004) Generation Adequacy in an Island Electricity System. ESRI WP161. October 2004. [Working Paper]

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    Abstract

    Electricity systems are unusual because of the fact that electricity cannot be stored. This means that supply must exactly equal demand second by second throughout the day. Generation capacity takes time to build and is very expensive and demand is quite insensitive to price signals. The result is a system where either there is sufficient spare generation capacity to meet all possible levels of demand or else, periodically, the lights will go off for some consumers.

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    Item Type: Working Paper
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > energy policy (Including international arena)
    Countries > Ireland
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Economic and Social Research Institute (ESRI), Dublin > ESRI Working Papers
    Depositing User: Alyssa McDonald
    Official EU Document: No
    Language: English
    Date Deposited: 10 Jul 2017 13:12
    Number of Pages: 27
    Last Modified: 10 Jul 2017 13:12
    URI: http://aei.pitt.edu/id/eprint/87682

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