Limiting state intervention in Europe’s electricity market
The European Commission has presented guidelines to persuade Europe’s 28 governments to limit, rationalise and Europeanise their intervention in the electricity market through national renewable and capacity support schemes. This guidance could make renewable schemes more cost-effective, but shows little sense of the urgency needed to address the increasingly dire situation of conventional back-up capacity for intermittent renewables.
Categories:
Country and Regional Studies , Electricity , Energy Policy , Renewable
Tags:
capacity mechanism , David Buchan , European Union , Subsidy