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In this Power System Blueprint deep dive, Dominic Scott takes a comprehensive look at the challenge of implementing nodal pricing in Europe. As the penetration of variable renewable resources and distributed energy resources continues to grow, the advantages of… View Summary +
Energizing Change Reflecting on the past year, I am struck by many reasons for hope amid the growing climate crisis. You will notice I have signed this as Co-Founder and Interim CEO. Before you dig into the exciting… View Summary +
Not to be out done by Monika and Bram, Dominic Scott has another chat with his inner teenage self. This time on the topic of whether the rollout of renewables will eat itself. (For more on this topic, please see our … View Summary +
In response to stomach-churning increases in electricity prices of 2022, prompted by the invasion of Ukraine and issues with the French nuclear power fleet, European institutions have been devising reforms to put consumers on a more solid footing. One of… View Summary +
In this Power System Blueprint deep dive, Dominic Scott and Monika Morawiecka discuss the merits of different types of two-sided contracts for difference (CfDs). Written in the style of a three-act Shakespearian play, the authors take a look at… View Summary +
The fossil gas price rollercoaster witnessed over the last couple of years has underlined the need to get renewables deployed at breakneck speed. At the same time we need tools to protect consumers from big price hikes. Well-designed, two-sided contracts… View Summary +
The European energy sector is facing a triple challenge: ensuring a speedy and cost-efficient rollout of renewables, protecting consumers from price shocks and safeguarding security of supply. As the 2022 energy crisis showed, political acceptance of high electricity prices is… 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 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 +