This article addresses the functioning of capacity remuneration mechanisms (CRMs) in an integrated European electricity market featuring a high share of intermittent renewable energy sources. We first highlight the close ties between flexibility provision and generation adequacy, and explain why...

In a power system featuring a large share of intermittent renewable energy sources (RES) and inflexible thermal generators, efficiency gains on generation costs could be achieved by curtailing the production of RES. However, as RES feature very low variable production costs, over-curtailment can...

This paper discusses a series of Numbers regarding the economic integration of intermittent renewables into European electricity markets. This debate has gained in importance following the large-scale deployment of wind farms and photovoltaic panels. As intermittent renewables constitute a...

This paper evaluates the benefits for wind power producers to trade in the intraday electricity markets in a context of massive penetration of intermittent renewables. Using a simple analytical model we find out that there are situations when it will be costly for those producers to adjust their...

This paper discusses a series of issues regarding the economic integration of intermittent renewables into European electricity markets. This debate has gained in importance following the large-scale deployment of wind farms and photovoltaic panels. As intermittent renewables constitute a...

This booklet shares some of the research carried out by the Florence School of Regulation since 2010. We have looked at various areas: from smart grids to Schengen-like energy agreements, and from incentive regulation to European Gas Target Model.

In a power system featuring a large share of intermittent renewable energy sources (RES) and inflexible thermal generators, efficiency gains on generation costs could be achieved by curtailing the production of RES. However, as RES feature very low variable production costs, over-curtailment can...

Créée en 1982, la Commission Institutionnelle du Parlement européen, devenue en 1999 la Commission des Affaires Constitutionnelles, peut être considérée comme un laboratoire d'observation de la valorisation des ressources juridiques et européennes par les eurodéputés. Les élus...

The 2002 Common Regulatory Framework diversifies remedies to competition problems according to the market strength of telecoms providers. One set of remedies is particularly targeted at posing constraints on (pre-)existing significant market power (SMP) in the relevant market. Those remedies are...