Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5106096 | Energy Policy | 2017 | 10 Pages |
Abstract
The emphasis is on the structure of the incentive payment, which in the end turns to be the cornerstone for an efficient integration. We conclude that, while needed, a well-designed and further developed capacity-based support mechanism complemented with ex-post compensations defined for reference benchmark plants, such as the mechanism currently implemented in Spain, is an alternative with good properties if the major goal is truly market integration. The approach is robust to future developments in technology cost, performance and market penetration of RES-E.
Related Topics
Physical Sciences and Engineering
Energy
Energy Engineering and Power Technology
Authors
Samuel C. Huntington, Pablo Rodilla, Ignacio Herrero, Carlos Batlle,