The European Commission has unveiled a package of policy proposals that would transform the continent’s energy market.
While there remains concern that renewables will lose their right of priority dispatch, the new package would enshrine the right of solar owners to sell excess electricity and establish a level playing field for investment via a shared rulebook.
Additional encouragement for cross-border tenders and an emissions limit on technologies participating in capacity mechanisms have also been welcomed.
“We need strong action to ensure that priority dispatch is maintained for renewables, especially if capacity mechanisms are to be allowed – even as a last resort,” said Alexandre Roesch, policy director at trade group SolarPower Europe (SPE). “Such mechanisms have a massive negative effect on the electricity price and thus distort investments away from clean technologies to old polluting ones. Renewables and flexibility providers need to be rewarded in the new market.”
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