IEEE Power & Energy Magazine - January/February 2021 - 18

Financing is
essential to
attract capital
to expand
or retain
generation
capacity.

a- rrangements-such as
liquid markets for shortto medium-term contracts that can be rolled
over-can be alternatives to avoid the technology lock-up brought
by the super-long-term
commitments that have
emerged in many developing countries.
Fi na l ly, A l b e r t o
Pototschnig, an economist who served as the first director
of the EU Agency for the Cooperation
of Energy Regulators and is currently
with the Florence School of Regulation, brings his experience to a debate
in the " In My View " column. He focuses his discussion on reliability options as a preferred mechanism to
address residual adequacy concerns

raised by the high penetration of renewables.
Focusing on the EU, he
argues that reliability
options should be designed such that strike
prices do not interfere
with the functioning of
the energy market-
under normal or even
tight conditions-and
that penalties should be
imposed to reinforce the
incentives for adequacy resources to be
available at times of scarcity.
Electricity markets will be dramatically changed in the decades to come,
and the discussion of how best to adapt
market designs for high shares of renewables will be ongoing. The consequences of the zero-marginal-cost
electricity industry go well beyond the

wholesale markets discussed in this
issue, and we are sure IEEE will continue contributing to these discussions.
We would like to thank the authors
for the time, dedication, and articles
provided, which shed light on the key
topics related to this very relevant discussion. We thank IEEE Power & Energy Magazine for providing us with
the opportunity to reflect on and analyze such challenging matters, which
have taken us and the authors out of
our comfort zones to consider many
new ideas. A special thank you goes
to Editor-in-Chief Steve Widergren,
Associate Editor Antonio Conejo, and
immediate past Editor-in-Chief Michael Henderson for continuing to provide the conditions for IEEE Power &
Energy Magazine to remain an IEEE
flagship publication.
p&e


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18	

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IEEE Power & Energy Magazine - January/February 2021

Table of Contents for the Digital Edition of IEEE Power & Energy Magazine - January/February 2021

Contents
IEEE Power & Energy Magazine - January/February 2021 - Cover1
IEEE Power & Energy Magazine - January/February 2021 - Cover2
IEEE Power & Energy Magazine - January/February 2021 - Contents
IEEE Power & Energy Magazine - January/February 2021 - 2
IEEE Power & Energy Magazine - January/February 2021 - 3
IEEE Power & Energy Magazine - January/February 2021 - 4
IEEE Power & Energy Magazine - January/February 2021 - 5
IEEE Power & Energy Magazine - January/February 2021 - 6
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IEEE Power & Energy Magazine - January/February 2021 - 9
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IEEE Power & Energy Magazine - January/February 2021 - 18
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IEEE Power & Energy Magazine - January/February 2021 - 100
IEEE Power & Energy Magazine - January/February 2021 - Cover3
IEEE Power & Energy Magazine - January/February 2021 - Cover4
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