What is the best way to prevent capacity remuneration mechanisms (CRMs) of individual EU Member States from generating negative externalities in their neighbours?
Join us for the third and final instalment of the FSR Insights series’ quarterly theme “Securing Europe’s Energy Future”
Emma Menegatti, PhD candidate with the Loyola De Palacio Chair at the FSR, will present her working paper, co-authored with the FSR Director, Leonardo Meeus.
The paper models four types of externalities that the adoption of a capacity market can generate on a neighbouring energy-only electricity market zone, and compares the impact of three different approaches to cross-border participation: no participation, implicit participation, and explicit participation.
The webinar aims to shed light on the potential of cross-border participation in solving the cross-border issues caused by national capacity markets. This is a timely discussion, as CRMs are no longer seen as just a temporary or last-resort solution for security of supply issues. Instead, the latest EU market reforms recognize CRMs as a structural element of the electricity market.
Nevertheless, Member States willing to adopt a CRM must notify the European Commission (EC) and get state aid rules cleared. Following the 2024 Electricity Market Design reform, the EC is required to publish a report in early 2025 on streamlining and simplifying the process for applying for a capacity mechanism.
Derek Bunn, professor at the London Business School, and Eline Spyrou, lecturer at the Imperial College of London, will provide commentary on Emma Menegatti’s presentation, enriching the conversation with diverse perspectives. Moderated by Nicolò Rossetto and Marzia Sesini from FSR, the session will invite audience participation, encouraging an engaging and thought-provoking dialogue.
Keynote Speaker
Emma Menegatti | FSR
Discussants
Derek Bunn | London Business School
Eline Spyrou | Imperial College London
Moderators
Marzia Sesini | FSR
Nicolò Rossetto | FSR
Join this online debate to explore how EU Member States manage energy consumer data and how implementing Regulation 2023/1162 supports…
FSR Climate is delighted to announce the third International Conference on Ex-Post Evaluation of Emissions Trading on scheduled on Monday,…
On the eve of the Ukraine Recovery Conference, which will take place in Rome, Italy on 10-11 July, 2025, the…
Ensuring a Sustainable and Competitive Future for EU Agriculture The Vision for Agriculture and Food (EC, 2025) sets out an ambitious roadmap for the future of farming and food in…
Learn the fundamental regulatory principles of the electricity and gas sectors through hands-on, real case activities and examples with instructors from national regulatory authorities from Europe and North America, the…
The role of space in tackling real-world challenges is still emerging, yet it holds the potential to transform every aspect of our daily lives, economies, and digital futures. To realise…
To meet, discuss and learn in the channel that suits you best.
