Tag / capacity markets

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Evaluating the 6 March PRISMA capacity auctionsPublished: 17 of October, 2017

The last building blocks of the European regulatory LEGO have just clicked into place with the missing network codes, underpinning the first coordinated European capacity auction and the race for fair and indiscriminate competition. However, the results ...

Power market modelPublished: 2 of May, 2017

One of the most important elements of the winter package is the proposal for the modification of the regulation on reforms of electricity markets. While referred to as the new market model, it is essentially no different from the current European model ...

Power plant capacity auction in the United KingdomPublished: 1 of June, 2015

Recently, European electricity market models have been facing serious challenges: continuously increasing renewable electricity generation and unfavourable price conditions/negative spread resulted in collapsing profitability of fossil-based, primarily ...

Mysteries of the allocation of transmission capacities of the Slovak-­Hungarian gas interconnector pipelinePublished: 1 of March, 2015

The construction of the long-awaited Slovak-Hungarian gas interconnector pipeline is now completed. Although there are still technical issues to resolve, they cannot be blamed for why the commercial operation has not commenced yet. In January 2015, once ...

Second-best option?Guidance of the European Commission’s November communication regarding capacity mechanismsPublished: 1 of December, 2013

Following a public consultation about capacity mechanisms initiated in 2012, the European Commission issued a communication in November 2013 regarding the support of renewable energy sources, public interventions aiming generation adequacy, and – in ...

Unilateral measures or EU coordination?The question of European capacity mechanismsPublished: 1 of June, 2013

From the perspective of both the long term operation of electricity systems with growing renewable capacities and system security it is important that sufficient regulating capacity is available for system level regulation and to meet peak demand. Under ...