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Merging Climate and Power Reliability Goals: Transatlantic Learnings and Paths for Europe
In the wake of the EU energy crisis, ensuring energy security has become a central priority on the European policy agenda. Capacity mechanisms (CMs), a key component of electricity market design, have gained renewed attention as tools to safeguard security of supply. The recent reform of the EU electricity market design signifies an important policy shift: CMs are no longer viewed solely as temporary, last-resort instruments but increasingly as potential structural elements of the future European power market.
This webinar presents findings from a new Brattle Group report commissioned by CATF, exploring the spectrum of existing capacity mechanism designs across the U.S. and Europe, drawing transatlantic insights, and identifying key challenges and opportunities for policy and market design.
