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dc.contributor.authorFinon, Dominique
dc.date.accessioned2014-04-28T13:43:45Z
dc.date.available2014-04-28T13:43:45Z
dc.date.issued2013-09
dc.identifier.urihttps://basepub.dauphine.fr/handle/123456789/13152
dc.language.isoenen
dc.subjectenergy marketen
dc.subjectcapacity remuneration mechanisms (CRM)en
dc.subjectEuropean Unionen
dc.subject.ddc333en
dc.subject.classificationjelQ55en
dc.subject.classificationjelQ58en
dc.subject.classificationjelQ43en
dc.titleCan we reconcile different capacity adequacy policies with an integrated electricity market?en
dc.typeDocument de travail / Working paper
dc.description.abstractenIn the present European Union debate, many consider capacity remuneration mechanisms (CRM) as useless and, if they are eventually considered as useful, there is a necessity of total alignment of capacity adequacy policies in time. We develop an opposite position. The adoption of CRM is a necessity because the market and regulatory failures to invest in peaking units, which are amplified by the large, scale development of intermittent sources by out-of-market policies. Then, provided that some minimal harmonization is sought by regulators and TSOs, each member state should have some freedom in the adoption of his capacity adequacy policies.en
dc.publisher.nameFondation Paris Dauphineen
dc.publisher.cityParisen
dc.identifier.citationpages38en
dc.relation.ispartofseriestitleCEEM Working Paperen
dc.relation.ispartofseriesnumber2013 - 5en
dc.subject.ddclabelEconomie de la terre et des ressources naturellesen
dc.description.submittednonen


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