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National capacity mechanisms in the European internal energy market: Opening the doors to neighbours

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  • Mastropietro, Paolo
  • Rodilla, Pablo
  • Batlle, Carlos

Abstract

After decades of strong opposition, several European countries are now in the process of implementing some kind of Capacity Remuneration Mechanism (CRM). Unfortunately, these national initiatives seem to aim at energy autarky rather than seeking a wider regional coordination. This situation can significantly affect the potential benefits of an integrated long-term expansion of the European power system.

Suggested Citation

  • Mastropietro, Paolo & Rodilla, Pablo & Batlle, Carlos, 2015. "National capacity mechanisms in the European internal energy market: Opening the doors to neighbours," Energy Policy, Elsevier, vol. 82(C), pages 38-47.
    • Handle: RePEc:eee:enepol:v:82:y:2015:i:c:p:38-47
    DOI: 10.1016/j.enpol.2015.03.004
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    References listed on IDEAS

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    1. David Newbery & Michael Grubb, 2014. "The Final Hurdle?: Security of supply, the Capacity Mechanism and the role of interconnectors," Cambridge Working Papers in Economics 1433, Faculty of Economics, University of Cambridge.
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