Market Design for Increased Wind Generation

This project will address challenges to market design and rules presented by the expansion of wind generation capacity. In this project we will be simulating and analyzing the short-run impacts of expanded wind generation on market outcomes in Alberta, including prices and emissions. This analysis will compare and contrast different potential policy responses to expanded wind generation. We will also be developing methodology for the simulation and analysis of long-run effects (including investment) of wind expansion, taking into account market power, congestion and forward transactions. Our research is expected to contribute to the design of markets to facilitate wind integration in many jurisdictions. 

Publications, Activities, and Awards

  • Addressing the Paris Climate Accord Goals (Keynote), Government of Japan
  • Analyzing Electricity Market Structure Changes and Mergers: The Importance of Forward Commitments
  • Capacity Market Design: Motivation and Challenges in Alberta’s Electricity Market
  • Capacity Payment Mechanisms and Investment Incentives in Restructured Electricity Markets
  • Carbon pricing with an output subsidy under imperfect competition: The case of Alberta's restructured electricity market
  • Carbon pricing with an output subsidy under imperfect competition: The case of Alberta's restructured electricity market
  • Economic Society of Northern Alberta Annual Economic Outlook Conference
  • Electricity markets in transition: Market distortions associated with retail price controls
  • Harvard Workshop on Capacity Markets and Renewables
  • Information and Transparency in Wholesale Electricity Markets
  • Measuring market power and the efficiency of Alberta's restructured electricity market: An energy‐only market design
  • Renewable Compensation Policies, Market Competition, and Forward Contracting
  • Renewable Energy and Electricity Markets
  • Strategic Timing of Outages on coal Power Plants under Virtual Divestiture: The Case of Alberta's Electricity Market
  • The Effect of Default Rates on Retail Competition and Pricing Decisions of Competitive Retailers: The Case of Alberta
  • The effect of default rates on retail competition and pricing decisions of competitive retailers: The case of Alberta
  • University of Alberta’s 3rd Annual Energy Summit
  • University of Alberta’s Business School Energy and the Environment Conference
  • Workshop on Carbon Pricing and Renewables (Keynote), Waseda University Japan