An equilibrium model finds that all four contract mechanisms achieve targeted LDES capacity but vary in cost-effectiveness and sensitivity to investor risk aversion.
Generation Capacity Expansion in a Risky Environment: A Stochastic Equilibrium Analysis,
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Comparing Contract-Based Support Mechanisms for Long-Duration Energy Storage
An equilibrium model finds that all four contract mechanisms achieve targeted LDES capacity but vary in cost-effectiveness and sensitivity to investor risk aversion.