Capacity Markets for a Decarbonised Power Sector: Challenges and Lessons
By
Meg Gottstein
On
April 15, 2011
At the Bruegel Institute in Brussels, RAP’s Principal Meg Gottstein presented some of the key challenges and lessons to draw from in considering the next generation of market arrangements for a resilient and secure power system, as Europe moves to a single, decarbonized power sector over the next decade.
Securing a clean, efficient and affordable power system is a complex undertaking in the best of times. The current energy crisis, however, has compounded the challenge with a cost-of-living crisis, the need to free Europe from its dependency on Russian fossil gas, and the ever-present spectre of climate change. A seemingly insurmountable task begs all...
The term “transition” implies moving away from one thing and toward something else. The energy transition in the United States has challenged utility regulators to ensure that the movement away from fossil-fuel-dominated resources, and the adoption of lower-carbon resources in their place, will not put at risk the economic benefits, security, and reliability associated with...
If the video is not visible, please accept all cookies to enable the player. European policymakers and car manufacturers are increasingly committing to the phaseout of internal combustion engine vehicles. With this shift to electric transport, tariffs and services for so-called smart charging of EVs bring significant value to consumers and the power sector. Now...
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