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The Regulatory Assistance Project is beginning a new chapter of growth and thought leadership as we continue bringing clarity to the complexity of the clean energy transition. After thoughtful discussions between Richard Sedano and the RAP board of directors, Sedano… View Summary +
A power purchase agreement (PPA) is a contract used by a purchasing entity to procure electricity from a project developer. This contract specifies the volume and price of the energy purchased and the duration of the agreement. “Renewables PPAs” specifically… View Summary +
Governments want to make sure the lights stay on during the most challenging moments of the year — think freezing cold days when the wind is not blowing and the sun hides behind grey clouds. Around Europe and further afield,… View Summary +
Over the last 10 years Europe has witnessed the growth of capacity remuneration mechanisms (CRMs) — tools intended to provide added confidence of adequate resource when demand is forecasted to peak. RAP has often documented concerns with certain CRM interventions… View Summary +
A quick side-by-side of the positions in Parliament and Council Reform of the European electricity market design should enter the final stages ahead of next year’s elections. Will the racers be able to cross the finish line in time? This… View Summary +
A recurring theme in energy market discussions is the fear that increasing shares of solar and wind with negligible running costs will lead to plummeting electricity prices — so-called price cannibalisation — making further investments in renewables uneconomic. This… View Summary +
The European energy crisis was not caused by the electricity market. But it sure made people pay closer-than-usual attention to its design. That is not a bad thing. The electricity market becomes ever more important as large swaths of the… View Summary +
In the past, power market reform happened to increase efficiency, to reduce greenhouse gas emissions, or to improve reliability and security of supply. Today in Europe, the desire to further change the market stems from the ongoing energy crisis. As… View Summary +
About this Report: Accomplishing climate neutrality by 2050 requires a zero-emissions power sector by the mid-2030s. Securing a decarbonized power system early will unlock pathways for the whole economy. One of the biggest challenges to accomplishing this ambitious… View Summary +
European policymakers are weighing possible responses to the extraordinary surge in energy prices and the consequences for citizens and industry. The European Commission expects to issue additional guidance in May, following analysis due in April from the Agency for the… View Summary +
The Russian government’s decision to invade Ukraine puts into sharp contrast the deep entanglement between energy, security and geopolitics. Now more than ever, the European Union needs unity and resolve in its response and a focus on resilience in the… View Summary +