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dc.contributor.authorLeiren, Merethe Dotterud
dc.contributor.authorSzulecki, Kacper
dc.contributor.authorRayner, Tim
dc.contributor.authorBanet, Catherine
dc.date.accessioned2021-06-17T11:47:37Z
dc.date.available2021-06-17T11:47:37Z
dc.date.created2019-06-18T12:32:25Z
dc.date.issued2019
dc.identifier.citationPolitics and Governance. 2019, 7 (1), 92-104.en_US
dc.identifier.issn2183-2463
dc.identifier.urihttps://hdl.handle.net/11250/2759971
dc.description.abstractThe impact of renewables on the energy markets–falling wholesale electricity prices and lower investment stability–are apparently creating a shortage of energy project financing, which in future could lead to power supply shortages. Govern ments have responded by introducing payments for capacity, alongside payments for energy being sold. The increasing use of capacity mechanisms (CMs) in the EU has created tensions between the European Commission, which encour ages cross-country cooperation, and Member States that favour backup solutions such as capacity markets and strategic reserves. We seek to trace the influence of the European Commission on national capacity markets as well as learning between Member States. Focusing on the United Kingdom, France and Poland, the analysis shows that energy security concerns have been given more emphasis than the functioning of markets by Member States. Policy developments have primarily been domestically driven, but the European Commission has managed to impose certain elements, most im portantly a uniform methodology to assess future supply security, as well as specific requirements for national capacity markets: interconnectors to neighbouring countries, demand side responses and continuous revision of CMs. Learning from other Member States’ experiences also play a role in policy decisions.en_US
dc.language.isoengen_US
dc.publisherCogitatioen_US
dc.rightsNavngivelse 4.0 Internasjonal*
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/deed.no*
dc.subjectcapacity mechanismsen_US
dc.subjectenergyen_US
dc.subjectelectricityen_US
dc.subjectEuropeanisationen_US
dc.subjectEuropean Unionen_US
dc.subjectpublic policyen_US
dc.subjectenergy securityen_US
dc.subjectenergy supplyen_US
dc.subjectstate aiden_US
dc.titleEnergy security concerns versus market harmony: The Europeanisation of capacity mechanismsen_US
dc.typeJournal articleen_US
dc.typePeer revieweden_US
dc.description.versionpublishedVersionen_US
dc.source.pagenumber92-104en_US
dc.source.volume7en_US
dc.source.journalPolitics and Governanceen_US
dc.source.issue1en_US
dc.identifier.doi10.17645/pag.v7i1.1791
dc.identifier.cristin1705660
cristin.unitcode7475,0,0,0
cristin.unitnameCICERO Senter for klimaforskning
cristin.ispublishedtrue
cristin.fulltextoriginal
cristin.qualitycode1


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Navngivelse 4.0 Internasjonal
Except where otherwise noted, this item's license is described as Navngivelse 4.0 Internasjonal