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A comparative view of the French and British capacity markets (Part II)

Early in February, the European Commission approved six electricity capacity schemes as compliant with EU State aid rules, including the Italian and Polish market-wide mechanisms. Such a decision had been taken previously for the French and British capacity markets, which have completed their first and fourth years of auction respectively.

Last time, we recall the theoretical rationale behind implementing such a scheme (part I). Now it is time to focus on the French and British contexts (part II) before depicting detail the similarities and discrepancies between the UK and France’s capacity markets (part III).

CONFRONTING THE FR AND UK SCHEMES

What are the regulatory origins?

Why would you need such a mechanism? capacity market

Why would you need such a mechanism?

Why would you need such a mechanism? capacity market

What are the stated goals?

What are the stated goals? capacity market

The third and final part on capacity markets will eventually describe the mechanisms features and results. Stay tuned!

Authors

Amal Abid, Consultant
Naïc Marcangeli, Consultant

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