Browsing Working Papers by Author "Stoft, Steven"
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The convergence of market designs for adequate generating capacity with special attention to the CAISO's resource adequacy problem
Cramton, Peter C.; Stoft, Steven (MIT Center for Energy and Environmental Policy Research, 2006)This paper compares market designs intended to solve the resource adequacy (RA) problem, and finds that, in spite of rivalrous claims, the most advanced designs have nearly converged. The original dichotomy between approaches ...