A study on the capacity payment in cost based pool

비용기반 전력시장에서의 용량요금 산정방안에 관한 연구

This paper presents the capacity payment in electricity power markets. The capacity payment (CP) needs to recover fixed costs. But most CP is allocated by energy policy. So, this paper analysis CP using capacity proportion and Reliability Pricing Model (RPM). The capacity proportion method uses base capacity price and supply available capacity. The RPM method uses value of each region and operation attribute of each generator.