Analyzing Power Market Structures

Evaluates electricity market design with capacity payments, energy margins, ancillary services, and renewable intermittency management.

When To Use

• Assessing merchant vs. contracted revenue exposure for a generation asset
• Evaluating capacity market participation economics (PJM RPM, ISO-NE FCM, NYISO ICAP) [VERIFY: current auction parameters and delivery years]
• Analyzing energy margin profiles across nodal pricing zones
• Modeling ancillary services revenue (frequency regulation, spinning reserves, voltage support)
• Quantifying intermittency risk for renewables in energy-only vs. capacity markets
• Comparing market structures across ISOs/RTOs for portfolio allocation decisions

Inputs To Gather