Batlle López, Carlos Mastropietro, Paolo Rodilla Rodríguez, Pablo Pérez Arriaga, José Ignacio 2025-09-26T17:48:08Z 2025-09-26T17:48:08Z 2022-10-27 http://hdl.handle.net/11531/105283 Capítulos en libros Resource adequacy mechanisms are becoming a pillar of power sector regulation during the energy transition. In this chapter, we identify, review, and discuss the key design elements of resource adequacy mechanisms, extracting guidelines from international experiences on both sides of the Atlantic. Among the topics analysed in this chapter, there are the identification of the buying and the selling sides in the market, the level of centralization, the definition of the reliability product, the identification of scarcity conditions, the design of de-rating methodologies, the lag period and duration of capacity contracts, and performance incentives. Based on this analysis, the chapter provides guidelines for all the countries where similar mechanisms are currently under discussion and presents high-level recommendations. Resource adequacy mechanisms are becoming a pillar of power sector regulation during the energy transition. In this chapter, we identify, review, and discuss the key design elements of resource adequacy mechanisms, extracting guidelines from international experiences on both sides of the Atlantic. Among the topics analysed in this chapter, there are the identification of the buying and the selling sides in the market, the level of centralization, the definition of the reliability product, the identification of scarcity conditions, the design of de-rating methodologies, the lag period and duration of capacity contracts, and performance incentives. Based on this analysis, the chapter provides guidelines for all the countries where similar mechanisms are currently under discussion and presents high-level recommendations. application/pdf en-GB Oxford University Press (Oxford, Reino Unido) Libro: Capacity mechanisms in the EU energy market: Law, policy, and economics, Página inicial: 123, Página final: 143 Instituto de Investigación Tecnológica (IIT) Resource adequacy in decarbonizing power systems: Lessons learned from both sides of the Atlantic info:eu-repo/semantics/bookPart info:eu-repo/semantics/publishedVersion info:eu-repo/semantics/restrictedAccess Resource adequacy, reliability product, scarcity conditions, firm supply, de-rating, performance incentives, contract duration, lag period, demand resources, demand response Resource adequacy, reliability product, scarcity conditions, firm supply, de-rating, performance incentives, contract duration, lag period, demand resources, demand response