Description
Peak Load and Capacity Pricing lays out clear pricing strategies for understanding peak load and capacity pricing structures, further cementing electricity’s role as an asset class with fixed and variable costs. Chris Harris 1. Introduction 2. The Modeling Framework 3. The Framework and Development of Peak Load Pricing 4. Relaxing the Hard Capacity Constraint 5. Modeling Capacity Using Derivatives 6. Capacity Mechanisms 7. The Power Complex 8. Final comments