2023-01-27
http://w3.windfair.net/wind-energy/news/42923-windeurope-spain-eu-energy-crisis-electricity-market-design-address-europe-framework-cfd-investment-critical

WindEurope warns Spain

Image: PixabayImage: Pixabay
Ahead of the public consultation, Spain has issued a non-paper setting out its own proposals for electricity market rules. But the country’s proposals seem excessively focused on applying Contracts-for-Difference (CfDs) for both new and existing infra-marginal power generation assets.

Official Press Release WindEurope:

WindEurope response to Spain’s proposals on Electricity Market Design

Wind Industry Profile of
WindEurope response to Spain’s proposals on Electricity Market Design

The European Commission is planning to table a reform to Electricity Market Design rules in March to help address Europe’s energy crisis.

Ahead of the public consultation, Spain has issued a non-paper setting out its own proposals for electricity market rules. Part of its stated rationale is creating a better framework for private investment in renewables. The wind industry agrees on the need for a future-proof market design that drives investments in renewables and ensures security of supply for Europe’s families and businesses. However, Spain’s proposals seem excessively focused on applying Contracts-for-Difference (CfDs) for both new and existing infra-marginal power generation assets. While Contracts-for-Difference have proved... ... More: Official Press Release WindEurope

Keywords:
WindEurope, Spain, EU, energy crisis, Electricity Market Design, address, Europe, framework, CfD, investment, critical







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