A regulatory scheme under which payments are made to generators, load and storage (and often interconnectors) to provide capacity availability during a specific time period (to top up revenues earned in energy markets) with the aim of ensuring resource adequacy. Costs are usually recovered from customer bills via retail suppliers.
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Climate neutrality requires the full decarbonisation of the power sector. As this is one of Europe’s biggest challenges today, there is a need for speed.
The Power System Blueprint lays out how to design the regulatory context to achieve a clean, reliable, equitable and affordable European power system by 2035. The Regulatory Assistance Project (RAP) pulled together the latest insights to support regulators, NGOs, governments and anyone pursuing a decarbonised European power system.
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