An efficient mechanism for cross‐border support of renewable electricity in the European Union

An efficient mechanism for cross‐border support of renewable electricity in the European Union

RES Financial Issues | RES Policy Challenges

In this paper we propose and put forward to discussion a new mechanism for cross-border support of renewable electricity in the European Union. The mechanism would be designed as an EU wide cross-border auction in that Member States and generators of RES-e bid prices indicating their willingness to pay for, respectively their costs of additional RES-e generating capacity. We believe that the mechanism could boost cooperation between EU Member States in supporting new RES-e generating capacities at significant scale.

Download now the Towards2030-dialogue Issue Paper No.8.