EU Commission requests more market-based support for renewables
The European Commission recently published a working document titled, “Guidance on the use of renewable energy cooperation mechanisms” as part of a broader publication on “Guidance to Member States on state intervention in electricity markets”. There is a focus in the document of promoting more Europe-wide support systems and improving cooperation mechanisms. There was also mention of the need to increase cost-efficiency.
RECS International has always been a strong advocate of Europe-wide regulation and increased cost-efficiency. Allowing renewables with support to be increasingly market-based will improve the actual efficiency of future renewable installed capacity as well as the cost-efficiency of the electricity delivered to the grid/consumer. RECS International describes this further in their recent position paper.
The commission document outlines a number of areas where market reform can take place and issues, such as balancing, can become more competitive. There was a focus on creating consistent rules and regulations.
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