The design of the power market determines how the sector can address complex economic, social, environmental, and engineering challenges to deliver sustainable and reliable electricity at least cost to consumers. This is no simple task, as supply and demand must be balanced every second, multiple resource and network constraints must be satisfied, and the market must send the correct price signals to motivate efficient generation and investment in...
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INFORMATION
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2024/11/25
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Document de travail de recherche sur les politiques
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WPS10986
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1
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2024/11/25
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Disclosed
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Global Evolution of Power Market Designs
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