Article ID: | iaor20117773 |
Volume: | 39 |
Issue: | 9 |
Start Page Number: | 5096 |
End Page Number: | 5098 |
Publication Date: | Sep 2011 |
Journal: | Energy Policy |
Authors: | Carstairs Jamie, Pope Ian |
Keywords: | energy |
The UK Government plans a capacity mechanism to ensure sufficient reserves as the share of intermittent generation increases. This article reviews the use of last resort capacity mechanisms in two other energy-only markets, Australia and New Zealand.