In 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...

This paper deals with the practical problems related to long-term security of supply in electricity markets in the presence of large-scale wind power development. The success of renewable promotion schemes adds a new dimension to ensuring long-term security of supply. It necessitates designing...

Si la libéralisation des industries électriques appelle la très longue durée, tant est complexe cette industrie, les Européens attendent, au bout de quinze années, des bénéfices identifiables en matière de prix, d’innovation dans les services associés, de performance environnementale...

Tout le monde est familier des politiques de développement des énergies renouvelables promues hors marché soit par des tarifs de rachat, soit par des obligations de certificats verts, qui sont des réponses aux défaillances de marché en matière d’ investiss ements en technologies...

The paper investigates how proposed reforms on policies to maintain generation adequacy and encourage clean technology investments in a number of European countries modify the role of the market. In these reforms the government, regulator and system operat or take on explicit planning and...