Electricity Markets with Increasing Levels of Renewable Generation: Structure, Operation, Agent-based Simulation, and Emerging Designs by Fernando Lopes & Helder Coelho
Author:Fernando Lopes & Helder Coelho
Language: eng
Format: epub
Publisher: Springer International Publishing, Cham
Market
Regulation
Spin reserve
Total contingency
Other
NYISO
$400 if scarcity greater than or equal to 80 MW
$180 if scarcity between 25 and 80 MW
$80 if scarcity is less than 25 MW
$500
$450
30-min reserve
$200 if scarcity greater than or equal to 400 MW
$100 if scarcity between 200 and 400 MW
$50 if scarcity is less than 200 MW
ISO-NE
N/A
$50
$850
30-min operating reserve
$500
MISO
Monthly peaker proxy price
$98 if scarcity is greater than 10% of requirement
$65 if scarcity less than 10%
System-wide operating reserve
Min:
Max: VOLL-RegDC
N/A
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