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The impacts of demand response participation in capacity markets. ESRI Research Bulletin 2019/10

Lynch, Muireann A. and Nolan, Sheila and Devine, Mel T. and O’Malley, Mark (2019) The impacts of demand response participation in capacity markets. ESRI Research Bulletin 2019/10. UNSPECIFIED.

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    Electricity demand varies over the course of a day or a year, with very high levels of electricity demand being seen for only a few hours per year. However, there must be sufficient electricity generation installed on the system to meet the total demand at these few hours per year, in order to avoid blackouts or brownouts, where electricity supply is disconnected for all or some customers, respectively. As electricity generation from variable renewable sources, such as wind and solar, increases, electricity market revenues decrease, which renders conventional generators less profitable. In order to ensure that there is sufficient conventional generation available to meet demand at the hours of highest demand per year, a separate market payment is made to generators, called a capacity payment.

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    Item Type: Other
    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 Research Bulletin
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 04 Jan 2020 19:48
    Number of Pages: 5
    Last Modified: 23 Mar 2020 15:53

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