This is a past event
Admission is free, no booking required
Abstract
Capacity Remuneration Mechanisms (CRM) are instruments used in the electrical sector to guarantee the sufficiency, reliability and security of power. In their absence electrical systems run the risk of collapsing – blackout – due to lack of sufficient capacity during demand peak time, leaving all of us in the dark. In the last years the Member States of the EU have designed different alternatives to secure sufficient electricity supply by remunerating undertakings that provide some form of capacity (generation, storage or demand side management) when needed. However, these mechanisms have been subject of controversy. They can either be unnecessary, wrongly designed, discriminatory and/or alter the level playing field among energy companies and, therefore, hinder competition in the market, affecting wholesale and retail electricity prices. In this sessions we will discuss what are CRM, how are they structured across Europe, the limits imposed to them and the options available to deal with security of electricity supply.
Dr Ignacio Herrera-Anchustegui is a Researcher in the Law department at the University of Bergen
- Speaker
- Dr Ignacio Herrera-Anchustegui
- Hosted by
- School of Law
- Venue
- The Sir Duncan Rice Library, meeting room 3
- Contact
-
- No booking required
- all welcome to attend