skip to content

Capacity markets, risk modelling and decision support

Presented by: 
Chris Dent
Wednesday 20th March 2019 - 10:00 to 10:45
INI Seminar Room 1
This talk will introduce the mathematical and statistical questions associated with running a capacity market. It will then summarise recent research on the modelling of demand and wind generation for capacity adequacy risk assessment in Great Britain, and on decision criteria for determining the volume to procure. Finally, it will describe a new theory of how to run a capacity auction including all resources including storage on a common basis. All these topics will be illustrated using examples based on the GB system.
The video for this talk should appear here if JavaScript is enabled.
If it doesn't, something may have gone wrong with our embedded player.
We'll get it fixed as soon as possible.
Presentation Material: 
University of Cambridge Research Councils UK
    Clay Mathematics Institute London Mathematical Society NM Rothschild and Sons