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Conference paper information

Critical analysis of the «new» Italian capacity remuneration mechanism

P. Mastropietro, F. Fontini, P. Rodilla, C. Batlle

2nd AIEE Energy Symposium «Current and Future Challenges to Energy Security», Rome (Italy). 02-04 November 2017


Summary:
Italy is currently finalising the design of its capacity remuneration mechanism. The provisional capacity payment, introduced in 2004, is to be replaced by a market-wide reliability option scheme. This paper provides an in-depth description of the Italian mechanism and presents a critical analysis of its design.


Keywords: Capacity Remuneration Mechanisms; Reliability options; Resource adequacy; Flexibility; Design elements; Italy


Publication date: 2017-11-02.



Citation:
P. Mastropietro, F. Fontini, P. Rodilla, C. Batlle, Critical analysis of the «new» Italian capacity remuneration mechanism, 2nd AIEE Energy Symposium «Current and Future Challenges to Energy Security», Rome (Italy). 02-04 November 2017.


    Research topics:
  • *Energy markets design and regulation