Regional Electricity Market Design

Balmorel: Power system model | August 2015 - June 2016

Do current electricity market designs ensure a sufficient electricity supply at all times?

This topic is currently the subject of intense debate across Europe, and several major countries such as Germany, the UK, France and Italy have decided that additional measures – so-called capacity remuneration mechanisms – are needed to supplement current market designs.

Ea Energy Analyses have made an analysis of the advantages and disadvantages of a range of measures proposed or currently implemented across Europe, including both best estimates of how the implementation of these measures will impact Nordic electricity prices as well as recommendations to the Nordic countries regarding a cost-efficient path to ensuring the Nordic security of supply.  

During the project, Hans Henrik Lindboe, partner at Ea Energy Analyses, presented the preliminary results at Fortum’s workshop, which focused on the development and future of the regional electricity market.

The project was carried out for the Nordic Electricity Market Group and the Nordic Council of Ministers.