Ehrhart, Karl-Martin; Eicke, Anselm; Hirth, Lion; … - 2024
This paper discusses a capacity-based redispatch mechanism in which awarded market participants are compensated for … their availability for redispatch, rather than activation. The rationale is to develop a market design that prevents so … a capacity-based redispatch mechanism. Our analysis reveals that despite its intention, the capacity-based redispatch is …