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Thesis

Insurance mechanisms for the reliability of electricity supply

Abstract:

In the context of rapid shifts in the energy supply mix and the onset of climate change, tail risk in power systems presents an emergent threat to system reliability. Flexible resources like load control, storage and distributed energy resources are potent tools to alleviate system strains during extreme events. However, market participants need appropriate economic incentives to exploit the value of such resources. While spot prices serve as robust indicators of real-time scarcity, a comp...

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Institution:
University of Oxford
Division:
MPLS
Department:
Engineering Science
Sub department:
Engineering Science
Research group:
Energy & Power Group
Oxford college:
Wolfson College
Role:
Author

Contributors

Institution:
University of Oxford
Division:
MPLS
Department:
Engineering Science
Sub department:
Engineering Science
Oxford college:
Hertford College
Role:
Supervisor
Institution:
University of Oxford
Division:
MPLS
Department:
Engineering Science
Sub department:
Engineering Science
Role:
Supervisor
Institution:
Johns Hopkins University
Role:
Examiner
Institution:
University of Oxford
Division:
MPLS
Department:
Engineering Science
Sub department:
Engineering Science
Role:
Examiner


More from this funder
Funder identifier:
https://ror.org/051x4wh35
Funding agency for:
Billimoria, F
Programme:
Commonwealth Scholarship


DOI:
Type of award:
DPhil
Level of award:
Doctoral
Awarding institution:
University of Oxford

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