【Basic Knowledge】What is a capacity market? An explanation of the background and mechanism!

Trading future supply capacity (kW)! An introduction to the background and mechanism of the "capacity market."

In March 2000, it became possible to freely choose electricity providers, and in 2016, full liberalization of electricity retailing began. Since the full liberalization of electricity retailing, many retail electricity providers have entered the market. While the business in the electricity sector has become more active, it is also true that new challenges have arisen. In response, a new market called the "capacity market," which trades future supply capacity (kW), was established in 2020. This article explains the "capacity market." [Contents] ■ What is the "capacity market"? ■ Background of the introduction of the "capacity market" ■ Mechanism of the capacity market ■ Summary *For more details, please refer to the related links or feel free to contact us.

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