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Capacity mechanisms. A credibility test for the Energy Union? EPC Policy Brief, 11 June 2015

Giuli , Marco (2015) Capacity mechanisms. A credibility test for the Energy Union? EPC Policy Brief, 11 June 2015. [Policy Paper]

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    Abstract

    Recently, few aspects of the debate surrounding energy have been as divisive as capacity markets. After having given a green light to a capacity remuneration scheme in the UK in 2014, the EU Commission is now considering starting a sector inquiry in several member states. This paper aims at shedding some light on what capacity markets are about and what are the EU-specific implications, arguing that the debate is ill framed within a market context still focused on conventional power generation, and making the case for a coordinated approach to solve the fallacies of the present system.

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    Item Type: Policy Paper
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > energy policy (Including international arena)
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > European Policy Centre > Policy Brief
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 12 Jun 2015 15:08
    Number of Pages: 4
    Last Modified: 12 Jun 2015 15:08
    URI: http://aei.pitt.edu/id/eprint/64871

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