Please use this identifier to cite or link to this item:
https://doi.org/10.21256/zhaw-1143
Publication type: | Working paper – expertise – study |
Title: | Capacity Remuneration Mechanisms : Overview, Implementation in Selected European Jurisdictions, and Implications for Switzerland |
Authors: | Betz, Regina Cludius, Johanna Riesz, Jenny |
DOI: | 10.21256/zhaw-1143 |
Extent: | 28 |
Issue Date: | Nov-2015 |
Series: | SML Working Paper |
Series volume: | 10 |
Publisher / Ed. Institution: | ZHAW Zürcher Hochschule für Angewandte Wissenschaften |
Publisher / Ed. Institution: | Winterthur |
ISSN: | 2296-5025 |
Language: | English |
Subjects: | Energy markets; Cross-border; Capacity mechanisms |
Subject (DDC): | 333: Economics of land and resources |
Abstract: | In many European jurisdictions, capacity remuneration mechanisms are either in use or their implementation is being discussed. In light of falling prices on the wholesale markets for electricity, these mechanisms are meant to generate revenues over and above energy-only market revenues in order for power plants to be able to recover their fixed costs and ensure a reliable energy supply. In the first part of this paper, we present a framework for discussing the different types of capacity remuneration mechanisms currently in operation or under discussion. In a next step, we take a closer look at the implementation status of these mechanisms in France, Germany, and Italy, Switzerland’s main electricity import and export partners. Whereas capacity mechanisms are in place in France and Italy, in Germany the process intended to lead to an overhaul of the current market design is still ongoing. |
URI: | https://digitalcollection.zhaw.ch/handle/11475/1143 |
License (according to publishing contract): | Not specified |
Departement: | School of Management and Law |
Organisational Unit: | Institute of Regulation and Competition (IRW) |
Appears in collections: | Energierecht & Energy Policy Analysis |
Files in This Item:
File | Description | Size | Format | |
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2015_Nov_Betz et al._Capacity Remuneration Mechanisms (Final).pdf | 634.89 kB | Adobe PDF | View/Open |
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Betz, R., Cludius, J., & Riesz, J. (2015). Capacity Remuneration Mechanisms : Overview, Implementation in Selected European Jurisdictions, and Implications for Switzerland. ZHAW Zürcher Hochschule für Angewandte Wissenschaften. https://doi.org/10.21256/zhaw-1143
Betz, R., Cludius, J. and Riesz, J. (2015) Capacity Remuneration Mechanisms : Overview, Implementation in Selected European Jurisdictions, and Implications for Switzerland. Winterthur: ZHAW Zürcher Hochschule für Angewandte Wissenschaften. Available at: https://doi.org/10.21256/zhaw-1143.
R. Betz, J. Cludius, and J. Riesz, “Capacity Remuneration Mechanisms : Overview, Implementation in Selected European Jurisdictions, and Implications for Switzerland,” ZHAW Zürcher Hochschule für Angewandte Wissenschaften, Winterthur, Nov. 2015. doi: 10.21256/zhaw-1143.
BETZ, Regina, Johanna CLUDIUS und Jenny RIESZ, 2015. Capacity Remuneration Mechanisms : Overview, Implementation in Selected European Jurisdictions, and Implications for Switzerland. Winterthur: ZHAW Zürcher Hochschule für Angewandte Wissenschaften
Betz, Regina, Johanna Cludius, and Jenny Riesz. 2015. “Capacity Remuneration Mechanisms : Overview, Implementation in Selected European Jurisdictions, and Implications for Switzerland.” Winterthur: ZHAW Zürcher Hochschule für Angewandte Wissenschaften. https://doi.org/10.21256/zhaw-1143.
Betz, Regina, et al. Capacity Remuneration Mechanisms : Overview, Implementation in Selected European Jurisdictions, and Implications for Switzerland. ZHAW Zürcher Hochschule für Angewandte Wissenschaften, Nov. 2015, https://doi.org/10.21256/zhaw-1143.
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