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Title: Capacity Remuneration Mechanisms : Overview, Implementation in Selected European Jurisdictions, and Implications for Switzerland
Authors : Betz, Regina
Cludius, Johanna
Riesz, Jenny
Extent : 28
Publisher / Ed. Institution : ZHAW Zürcher Hochschule für Angewandte Wissenschaften
Publisher / Ed. Institution: Winterthur
Issue Date: Nov-2015
License (according to publishing contract) : Not specified
Series : SML Working Paper
Series volume: 10
Language : English
Subjects : Energy markets; Cross-border; Capacity mechanisms
Subject (DDC) : 333: Economics of land and resources
Abstract: In many European jurisdictions, capacity remuneration mechanisms are either in use or their implementation is being discussed. In light of falling prices on the wholesale markets for electricity, these mechanisms are meant to generate revenues over and above energy-only market revenues in order for power plants to be able to recover their fixed costs and ensure a reliable energy supply. In the first part of this paper, we present a framework for discussing the different types of capacity remuneration mechanisms currently in operation or under discussion. In a next step, we take a closer look at the implementation status of these mechanisms in France, Germany, and Italy, Switzerland’s main electricity import and export partners. Whereas capacity mechanisms are in place in France and Italy, in Germany the process intended to lead to an overhaul of the current market design is still ongoing.
Departement: School of Management and Law
Organisational Unit: Center for Public Commercial Law (ZOW)
Publication type: Working Paper – Expertise – Study
DOI : 10.21256/zhaw-1143
ISSN: 2296-5025
Appears in Collections:Energierecht & Energy Policy Analysis

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