This paper argues that capacity auctions tend to over-procure capacity, exacerbating the missing money problem they were designed to address.
To fulfill this mandate, the system operator must procure reserve capacity to respond to unforeseen events such as an unexpected surge in demand.
In this scenario, energy storage systems and batteries in particular may be an alternative since they can reduce the need to procure excess capacity to deal with demand peaks, therefore avoiding unnecessary network expansion.
In order to meet the growing demand for high performance C- and Ku-Band services in the Americas, INTELSAT contracted with Astrium in February 2000 to procure a high capacity communications spacecraft for its 310°E operational location.
In a renewable energy auction, the government issues a call for bids to procure a certain capacity of renewables-based electricity.
To serve the flexible charging and the static household loads, the utility needs to optimally procure gas turbine (GT) capacity, dispatch this capacity and decide on transactions on the reserve market while at the same time integrating available (zero-cost) wind generation.
Facebook was by far the biggest individual buyer, procuring 2.6GW of capacity, more than three times the amount purchased by the next biggest company, AT&T.
Learning the skills and having physical capacity to procure and monitor the quality of rice that can command a premium price for farmers is a challenge.
"Given that there is already a limited capacity to procure needed parts for either vehicle type, due to one vendor being an international vendor and the other being out of business, parts availability will continue to be limited in the future," says the testimony, which was first reported by WTOP.
As Kenneth Kalu argues, this does not mean that foreign aid has failed; rather, it means that foreign aid in its current form does not have the capacity to procure development or eradicate poverty.
