Publication:
Wholesale Electricity Market Design: Rationale and Choices

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dc.contributor.authorEnergy Sector Management Assistance Program (ESMAP)
dc.date.accessioned2023-04-20T19:55:56Z
dc.date.available2023-04-20T19:55:56Z
dc.date.issued2023-04-20
dc.description.abstractThe report starts with a brief overview of the evolution of competitive power markets and the current global landscape of electricity markets. It further reviews the arguments for markets, including existing evidence as well as basic preconditions for market reform. The main body of the report then walks through key market structuring and design issues, including considerations to address decarbonization objectives. Topics addressed include the promises and challenges posed by the integration of variable renewable energy and new technological solutions such as battery energy storage (BES) and distributed energy resources (DER). The report concludes with a brief characterization of key market design choices and a generic list of process steps required for market reformen
dc.identifierhttp://documents.worldbank.org/curated/en/099040423113526753/P1745180a970000950a115044ef25ffe368
dc.identifier.doi10.1596/39720
dc.identifier.urihttps://openknowledge.worldbank.org/handle/10986/39720
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by/3.0/igo/
dc.subjectELECTRICITY DESIGN
dc.subjectMARKET REFORM
dc.subjectDECARBONIZATION
dc.subjectRENEWABLE ENERGY
dc.titleWholesale Electricity Market Design: Rationale and Choicesen
dc.typeReport
dspace.entity.typePublication
okr.crossref.titleWholesale Electricity Market Design: Rationale and Choices
okr.date.disclosure2023-04-20
okr.date.lastmodified2023-04-12T00:00:00Zen
okr.doctypePublications & Research::Publication
okr.docurlhttp://documents.worldbank.org/curated/en/099040423113526753/P1745180a970000950a115044ef25ffe368
okr.guid099040423113526753
okr.identifier.docmidP174518-a970003a-3517-4a95-a115-44ef25ffe368
okr.identifier.doihttp://dx.doi.org/10.1596/39720
okr.identifier.externaldocumentum34035579
okr.identifier.internaldocumentum34035579
okr.identifier.report181187
okr.import.id509
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099040423113526753/pdf/P1745180a970000950a115044ef25ffe368.pdfen
okr.region.administrativeOther
okr.region.geographicalWorld
okr.topicEnergy::Power & Energy Conversion
okr.unitInfra Energy Global Programs (IEEES)
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