Parliamentary Secretary Mike Bernier summarizes British Columbia’s positive experience with its revenue-neutral carbon tax

The Impact of Uncertainty on Capacity Remuneration Mechanisms

Posted on March 12th, 2016 by tagadmin

Intermittent energy resources increase the volatility of energy supply as well as the associated market clearing prices, creating uncertainty around when the system will experience “scarcity”— the very few hours of the year when capacity is strained exhibiting prices high-enough to cover a large portion of the capital and fixed operation and maintenance costs incurred by all types of installed generation capacity.

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