EU member states are setting up capacity mechanisms that may be unnecessary, expensive and badly designed. This is the conclusion of the European Commission’s Competition Directorate in the interim report of its first ever “sector enquiry” into capacity mechanisms as a form of state aid for electricity producers.
The Commission examined 11 Member States – Belgium, Croatia, Denmark, France, Germany, Ireland, Italy, Poland, Portugal, Spain and Sweden – and found no less than 28 capacity mechanisms. Spain alone has four. Aside from a debate over what this means for the internal energy market, much more worrying is that “many” capacity mechanisms were designed without assessing whether or not there was a security of supply problem in the first place.El artículo merece la pena leerse entero.