Analysis of resource adequacy constructs in the US and Australia and future paths forward

dc.contributor.advisorBaldick, Rossen
dc.contributor.committeeMemberRai, Varunen
dc.creatorThundiyil, Kevinen
dc.date.accessioned2011-07-25T18:08:56Zen
dc.date.available2011-07-25T18:08:56Zen
dc.date.issued2011-05en
dc.date.submittedMay 2011en
dc.date.updated2011-07-25T18:09:01Zen
dc.descriptiontexten
dc.description.abstractDeregulation of the electricity industry has altered the investment landscape for new resources. Multiple resource adequacy constructs are in use today around the world and represent diverging opinions of how much interaction regulators should have on the procurement of new resources. The report compares the resource adequacy constructs in Australia, Texas, California and the Northeast of the United States and discusses the future of resource adequacy. The report concludes that a hybridized construct that blends the high offer caps of energy-only markets, the prescriptive nature of resources in capacity markets and a strong price-responsive demand will likely be the future of resource adequacy.en
dc.description.departmentElectrical and Computer Engineeringen
dc.format.mimetypeapplication/pdfen
dc.identifier.slug2152/ETD-UT-2011-05-3126en
dc.identifier.urihttp://hdl.handle.net/2152/ETD-UT-2011-05-3126en
dc.language.isoengen
dc.subjectResource adequacyen
dc.subjectCapacity marketsen
dc.subjectEnergy systemsen
dc.subjectUnited Statesen
dc.subjectCaliforniaen
dc.subjectTexasen
dc.subjectAustraliaen
dc.subjectElectric griden
dc.subjectElectricity industryen
dc.titleAnalysis of resource adequacy constructs in the US and Australia and future paths forwarden
dc.type.genrethesisen
thesis.degree.departmentElectrical and Computer Engineeringen
thesis.degree.disciplineElectrical and Computer Engineeringen
thesis.degree.grantorUniversity of Texas at Austinen
thesis.degree.levelMastersen
thesis.degree.nameMaster of Science in Engineeringen
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