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This article evaluates the effectiveness of multi-metric versus composite-metric reliability standards in the context of resource adequacy for decarbonizing power systems. It highlights the limitations of traditional metrics in capturing the complexities of modern electricity scarcity conditions and presents a model-based comparative analysis of both approaches. The findings aim to inform regulatory reforms and enhance the design of capacity mechanisms to ensure reliable electricity supply amidst evolving c

Author

Guilherme Puati

Language

EN