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As mentioned in Section 2.1, the probability α is defined as the lower bound for each planning scheme the possibility of having load curtailment below the required threshold, and α ∊ [0, 1].
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Basically, the market premium sets incentives for voluntary curtailment when electricity prices fall below the difference between the marginal costs of production and the expected market premium including the management premium.
Other details of the curtailment.
I aspire to total curtailment.
Others worry about curtailment of freedom of expression.
No curtailment of bonuses, no attempt even to tax them.
Sufficient voluntary electric curtailment might have averted that blackout.
More importantly, perhaps, is the cover for cancellation and curtailment.
This is a clear curtailment of mayoral authority".
Repressive governments find curtailment of rights necessary to provide order.
We also participate in a curtailment program and receive payments to do so since curtailment is effectively the same as generation.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com