Tag: capacity mechanism

  • Limiting state intervention in Europe’s electricity market

    By: David Buchan

    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 […]

  • Why Europe’s energy and climate policies are coming apart

    By: David Buchan

    The European Union’s integrated energy and climate policy is coming apart. This is due to the effects of recession, and the impact of national renewable energy and back-up generation schemes, on the EU blueprint for a single energy market. New Commission guidelines will seek to Europeanize these national schemes, but this Europeanization effort assumes faster […]

  • Europe’s misshapen market – Why progress towards a single energy market is proving uneven

    By: David Buchan

    Progress to a single European energy market is proving very uneven. David Buchan explains the European Commission’s worry that rapid development of national renewable and back-up capacity markets could shut off countries’ energy sectors from each other, before efforts to improve cross-border electricity connection and trading can produce results. Brussels may soon have to concede […]

  • The Energiewende – Germany’s gamble

    By: David Buchan

    Germany has set itself a huge challenge in trying to move away from fossil fuels and abandon nuclear power, while remaining a major industrial power. This challenge to create an Energiewende – an energy turnaround or transformation – has ambitious targets. David Buchan argues that Germany is on track to meet only one of its […]

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