arxiveess.SY2026-07-21
Stochastic Capacity Accreditation: Incentivizing Resource Adequacy under Weather Uncertainty
Hangrui Liu, Shen Wang, Audun Botterud, Miguel F. Anjos
High penetrations of variable renewable energy introduce significant resource adequacy challenges, particularly when weather-driven uncertainty affects renewable availability, electricity demand, and the effective capacity of thermal generators. Existing capacity credit accredita…