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dc.contributor.authorMastropietro, Paoloes-ES
dc.contributor.authorRodilla Rodríguez, Pabloes-ES
dc.contributor.authorBatlle López, Carloses-ES
dc.descriptionArtículos en revistases_ES
dc.description.abstractAfter decades of strong opposition, several European countries are now in the process of implementing some kind of Capacity Remuneration Mechanism (CRM). Unfortunately, these national initiatives seem to aim at energy autarky rather than seeking a wider regional coordination. This situation can significantly affect the potential benefits of an integrated long-term expansion of the European power system. In this paper the regulatory basis for the effective participation of foreign agents in national CRMs is discussed. The authors support that two pillars are required: (1) stronger coordination among TSOs1 and respect for the Security of Supply Directive and (2) introduce a particular type of firm cross-border nominations associated to the CRMs commitments. These proposed nominations are to be considered only in situations of system stress. As discussed here, this allows not requiring any type of ex-ante cross-border capacity reservation, thus avoiding many of the inefficiencies associated to traditional physical bilateral contracts.en-GB
dc.sourceRevista: Energy Policy, Periodo: 1, Volumen: 82, Número: , Página inicial: 38, Página final: 47es_ES
dc.titleNational capacity mechanisms in the European internal energy market: opening the doors to neighbourses_ES
dc.keywordsCapacity Remuneration Mechanisms; Internal Energy Market; European Union; Reliability Options; Price Couplingen-GB

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