With the revision of rules for the EU electricity market, European policy makers are struggling to resolve the dilemma of capacity mechanisms. The question of whether they are a state aid instrument for fossil fuels or an essential back-up in the transition to more renewables as at the heart of the debate.
Find out Prof. Michael Pollitt’s (University of Cambridge and CERRE Academic Co-Director) views on the EU power market reform and the role of capacity mechanisms.
Capacity markets: A necessary evil in the energy transition? – EURACTIV, 10 September 2018
Academic: Fossil fuel back-ups ‘may be the price to pay’ for renewables – EURACTIV, 11 September 2018
Capacity mechanisms reform – key issues to watch – EURACTIV, 13 September 2018