CACM implementation

ENTSO-E consults on capacity calculation regions until 24 September and holds a public workshop on 14 September
The major electricity companies (the ‘majors’) in Europe have not recovered from a significant decline in their combined market value that began in early 2008. If the causes are structural, as argued here, these companies may be unable or unwilling to finance the investments required to meet the EU policy goals of energy security, environmental sustainability, and acceptable costs.
This research paper by David Robinson argues that the problems facing the European majors reflect a ‘scissors effect’, which has two interpretations. ….