In recent years, electricity markets have been characterized by a growing share of fluctuating
renewable energies, which has increased concerns about the security of electricity supply …

Abstract Purpose of Review On March 14, 2023, the European Commission (EC) published
the much awaited “Proposal for a regulation (…) to improve the Union's electricity market …

Aggressive development of renewable electricity sources will require significant expansions
in transmission infrastructure. We present a stochastic two-stage optimisation model that …

Energy-only electricity markets, such as the Electric Reliability Council of Texas (ERCOT),
rely on the decentralized investment decisions of market participants to lead to a resource …

Deep decarbonization of energy systems poses considerable challenges to electricity
markets and there is a growing consensus that an energy-only design based on short-term …

Local energy communities are proposed as a regulatory framework to enable the market
participation of end-consumers. However, volatile local market-clearing prices, and …

Liberalized electricity markets often include resource adequacy mechanisms that require
consumers to contract with generation resources well in advance of real-time operations …

We investigate the effects of risk aversion on optimal transmission and generation
expansion planning in a competitive and complete market. To do so, we formulate a …

The design of market mechanisms that remunerates the reliability provided by a generator in
a power market is a task that aims to ensure the normal operation of the system. For the case …

We consider a simulation of risk-averse producers when making investment decisions in a
competitive energy market, who face uncertainty about future regulation of carbon dioxide …