Distributed Energy Resources (DER) and Energy Storage in Capacity Markets: Experience from the US and Implications for Ontario's Incremental Capacity Auction

Distributed Energy Resources (DER) and Energy Storage in Capacity Markets: Experience from the US and Implications for Ontario's Incremental Capacity Auction

A Capacity Market (CM) is a market that procures electricity generation capacity through a competitive bidding process. They initially arose as a solution to reliability and revenue sufficiency concerns in the late 1990's in the U.S. as part of liberalized electricity market designs. Their primary purpose being ...