University of Chicago's Energy Policy Institute: Why Grid Reliability Relies on Improving Electricity Capacity Markets
September 23, 2023
September 23, 2023
CHICAGO, Illinois, Sept. 23 (TNSres) -- The University of Chicago's Energy Policy Institute issued the following news:
Electricity capacity markets are designed to make sure that there is enough electricity when needed, though recent winter storms have highlighted their vulnerability to extreme weather events. A new study finds updating regulations to include accurate accreditation, performance bonds and credit risk could be the answer to establishing reliability.
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Electricity capacity markets are designed to make sure that there is enough electricity when needed, though recent winter storms have highlighted their vulnerability to extreme weather events. A new study finds updating regulations to include accurate accreditation, performance bonds and credit risk could be the answer to establishing reliability.
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