Capacity Mechanisms in the EU Energy Market PDF Download

Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Capacity Mechanisms in the EU Energy Market PDF full book. Access full book title Capacity Mechanisms in the EU Energy Market by Leigh Hancher. Download full books in PDF and EPUB format.

Capacity Mechanisms in the EU Energy Market

Capacity Mechanisms in the EU Energy Market PDF Author: Leigh Hancher
Publisher: OUP Oxford
ISBN: 0191066176
Category : Law
Languages : en
Pages : 443

Get Book Here

Book Description
Ensuring an adequate, long-term energy supply is a paramount concern in Europe. EU member states now intervene by encouraging investment in generation capacity, offering an additional revenue stream for conventional power plants in addition to the existing, heavily subsidised investments in renewable energy sources. These capacity remuneration mechanisms (or simply capacity mechanisms) have become a hot topic in the wider European regulatory debate. European electricity markets are increasingly interconnected, so the introduction of a capacity mechanism in one country not only distorts its national market but may have unforeseeable consequences for neighbouring electricity markets. If these mechanisms are adopted by several member states with no supra-national coordination and no consideration for their cross-border impact, they may cause serious market distortions and put the future of the European internal electricity market at risk. This book provides readers with an in-depth analysis of capacity mechanisms, written by an expert team of policy-makers, economists, and legal professionals. It will be a first point of reference for regulators and policy-makers responsible for designing optimal capacity mechanisms in Europe, and will be an invaluable resource for academics and practitioners in the fields of energy, regulation, and competition.