National capacity mechanisms in the European internal energy market: Opening the doors to neighbours

Paolo Mastropietro, Pablo Rodilla and Carlos Batlle

Energy Policy, 2015, vol. 82, issue C, 38-47

Abstract: After decades of strong opposition, several European countries are now in the process of implementing some kind of Capacity Remuneration Mechanism (CRM). Unfortunately, these national initiatives seem to aim at energy autarky rather than seeking a wider regional coordination. This situation can significantly affect the potential benefits of an integrated long-term expansion of the European power system.

Keywords: Capacity Remuneration Mechanisms; Internal Energy Market; European Union; Reliability Options; Price Coupling (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (33)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:82:y:2015:i:c:p:38-47

DOI: 10.1016/j.enpol.2015.03.004

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