Zero-marginal-cost electricity market designs: lessons learned from hydro systems in Latin America might be applicable for decarbonization

L.A. Barroso, F.D. Muñoz, B. Bezerra, H. Rudnick, G. Cunha

IEEE Power and Energy Magazine Vol. 19, nº. 1, pp. 64 - 73

Summary:

Large reductions in the cost of renewable energy technologies, particularly wind and solar, as well as various instruments used to achieve decarbonization targets (e.g., renewable mandates, renewable auctions, subsidies, and carbon pricing mechanisms) are driving the rapid growth of investments in these generation technologies worldwide.

JCR Impact Factor and WoS quartile: 3,096 - Q2 (2021); 2,800 - Q2 (2022)

DOI reference: https://doi.org/10.1109/MPE.2020.3033398

Published on paper: January 2021.

Published on-line: January 2021.

Citation:
L.A. Barroso, F.D. Muñoz, B. Bezerra, H. Rudnick, G. Cunha Zero-marginal-cost electricity market designs: lessons learned from hydro systems in Latin America might be applicable for decarbonization. IEEE Power and Energy Magazine. Vol. 19, nº. 1, pp. 64 - 73, January 2021. [Online: January 2021]