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Market design
Resource adequacy
Ensuring resource adequacy within the context of fully integrated and competitive electricity markets is a critical challenge for market design and restructuring efforts.
Bates White experts have worked extensively on the design, implementation, and assessment of market approaches to assure resource adequacy and system reliability.
Our professionals have implemented hybrid market approaches such as contingent revenue support RFPs, evaluated centralized capacity market designs, and addressed a variety of resource market issues, including locational capacity markets, single price versus pay-as-bid constructs, planning horizon/commitment periods, offer caps, and other forms of administrative mitigation.
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