Wholesale electricity spot markets of different variants have been operating in most developed countries and around 20 percent of their developing counterparts. Although these markets have by and large stood the test of time, their ability to decarbonize power systems in tandem with carbon, renewable, and other policy drivers raises questions about the efficacy of the existing market designs. Expert opinions in the academic and industry literature...
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DETAILS
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2022/10/13
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Policy Research Working Paper
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WPS10207
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1
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2022/10/13
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Disclosed
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Should Electricity Market Designs Be Improved to Drive Decarbonization ?
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Citation
Chattopadhyay,Debabrata; Suski,Adam Krzysztof.
Should Electricity Market Designs Be Improved to Drive Decarbonization ? (English). Policy Research working paper ; no. WPS 10207 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099913410132211313