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Electricity generators can pitch for awards from governments operating capacity markets. Capacity markets establish a price (at auctions) for back-up power which may, or may not, be needed. Either way, the operator of the power plant gets paid for guaranteeing security of supply to the grid. Last year, the European Commission approved the Polish capacity market and, according to CAN Europe, in its first auction the Polish government awarded 22,4 … [Read more...]
Greece’s economy was once powered by lignite. Today, continuing to invest in this most polluting fuel threatens to render Greece’s energy market uncompetitive, writes Eleni Diamantopoulou and Simon Holmes. Greece is at an energy crossroads. Decisions taken by the Greek government and the European Commission in the coming weeks and months will decide whether Greece is locked into an anti-competitive lignite world until at least 2030, or whether … [Read more...]