Work Package 7 (WP7) of the Progress on Meshed HVDC Offshore Transmission Networks (PROMOTioN) Horizon 2020 project focuses on various legal, financial and economic aspects of developing an integrated offshore infrastructure. Task 7.2 focuses on the development of an economic framework for the offshore grid in terms of three building blocks, namely: planning, investment, and operation. 1. Offshore grid planning comprises three topics, namely: Cost-Benefit Analysis (CBA) methods, onshoreoffshore coordination, and public participation. 2. Offshore grid investment comprises four topics: cooperation mechanisms for renewable support, transmission tariffs, investment incentives, and Cross-Border Cost Allocation (CBCA) methods. 3. Offshore grid operation focuses on the balancing mechanism in the offshore wind context. This final report extends our intermediate report with the addition of three new topics: incentives, CBCA and the balancing mechanism. The remaining chapters are identical to the intermediate report. In this section, we provide a summary of the research that has been undertaken so far and the main conclusions from our analysis.
This dataset is composed of five indicators which provide information on the economic and environmental performance of sectors covered by the European Union’s Emissions Trading Scheme (EU ETS). The focus [...]
On 21 February 2024 the European Commission Directorate General for Mobility and Transport in cooperation with the Florence School of Regulation hosted an academic conference to explore opportunities and challenges [...]
Rail has a key role to play in making transport more efficient and sustainable in the EU and elsewhere. However, increasing passenger and cargo volumes require investment in infrastructure, and [...]
In this work, we present the major application and impact areas of Contracts-for-Difference (CfDs) in a European context, describe the most relevant design dimensions and discuss several design packages for [...]
After years of record announcements, frantic policy development and the establishment of substantial public support mechanisms, the clean hydrogen sector is nearing an inflexion point. Many clean hydrogen projects have [...]
The safeguarding of critical offshore energy infrastructure has assumed a heightened level of urgency in the wake of the Nord Stream pipeline explosions in September 2022 and the suspected sabotage [...]
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