Tacking stock of the EU “Power Target Model”… and steering its future course

Tacking stock of the EU “Power Target Model”… and steering its future course The European Union took more than 20 years to start defining a common market design for its internal electricity market: a European Power Target Model. And, a further 10 years to fully implement it. Meanwhile, the reference generation set of that model has shifted from CCGT burning gas to RES plants transforming intermittent natural resources. Could the existing EU target model continue to work well for the short- term operation and long-term investment? If not, can the existing EU institutions easily produce an “RES resilient” new power target model? http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Energy Policy Elsevier

Tacking stock of the EU “Power Target Model”… and steering its future course

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Publisher
Elsevier
Copyright
Copyright © 2016 Elsevier Ltd
ISSN
0301-4215
D.O.I.
10.1016/j.enpol.2016.03.010
Publisher site
See Article on Publisher Site

Abstract

The European Union took more than 20 years to start defining a common market design for its internal electricity market: a European Power Target Model. And, a further 10 years to fully implement it. Meanwhile, the reference generation set of that model has shifted from CCGT burning gas to RES plants transforming intermittent natural resources. Could the existing EU target model continue to work well for the short- term operation and long-term investment? If not, can the existing EU institutions easily produce an “RES resilient” new power target model?

Journal

Energy PolicyElsevier

Published: Sep 1, 2016

References

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