{"id":1294,"date":"2017-07-05T09:33:00","date_gmt":"2017-07-05T07:33:00","guid":{"rendered":"https:\/\/ceem-dauphine.eu\/?p=1294"},"modified":"2024-09-05T09:35:26","modified_gmt":"2024-09-05T07:35:26","slug":"tales-of-two-islands-lessons-for-eu-energy-policy-from-electricity-market-reforms-in-britain-and-ireland","status":"publish","type":"post","link":"https:\/\/ceem-dauphine.eu\/en\/tales-of-two-islands-lessons-for-eu-energy-policy-from-electricity-market-reforms-in-britain-and-ireland\/","title":{"rendered":"Tales of two islands \u2013 Lessons for EU energy policy from electricity market reforms in Britain and Ireland"},"content":{"rendered":"<p>Britain considers the energy-only EU Target Electricity Model (TEM) wanting in delivering the trilemma of<br \/>\nreliability, sustainability and affordability and argues that a capacity auction with long-term contracts for new<br \/>\nentrants is the least-cost solution compared to relying on expectations of future prices to deliver adequate<br \/>\ngeneration and demand side response. The Energy Union argues against feed-in tariffs (FiTs) for renewables,<br \/>\npressing for premium FiTs (pFiTs), just as GB has abandoned PFiTs in favour of FiTs. This paper draws on the<br \/>\nGB experience of Electricity Market Reform before and after the 2015 change of government, to highlight<br \/>\npromising resolutions of the energy trilemma, and the problems that have arisen between the diagnosis of the<br \/>\nproblem and the delivery of solutions. It sets out the theory and practice of delivering capacity, energy and<br \/>\nquality of supply, gives a brief history of GB electricity from the CEGB to its current unbundled, liberalized and<br \/>\nprivatized structure. That sheds light on the trilemma problem and discusses possible solutions. The island of<br \/>\nIreland Single Electricity Market reforms illustrate the problem and possible answer of how best to deliver<br \/>\nquality of service with high intermittency.<\/p>\n<p>Energy Policy 105 (2017)<\/p>\n","protected":false},"excerpt":{"rendered":"Britain considers the energy-only EU Target Electricity Model (TEM) wanting in delivering the trilemma of reliability, sustainability [&hellip;]","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13,26],"tags":[],"class_list":["post-1294","post","type-post","status-publish","format-standard","hentry","category-publications-en","category-journal-articles"],"acf":[],"_links":{"self":[{"href":"https:\/\/ceem-dauphine.eu\/en\/wp-json\/wp\/v2\/posts\/1294","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ceem-dauphine.eu\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ceem-dauphine.eu\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ceem-dauphine.eu\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/ceem-dauphine.eu\/en\/wp-json\/wp\/v2\/comments?post=1294"}],"version-history":[{"count":2,"href":"https:\/\/ceem-dauphine.eu\/en\/wp-json\/wp\/v2\/posts\/1294\/revisions"}],"predecessor-version":[{"id":1298,"href":"https:\/\/ceem-dauphine.eu\/en\/wp-json\/wp\/v2\/posts\/1294\/revisions\/1298"}],"wp:attachment":[{"href":"https:\/\/ceem-dauphine.eu\/en\/wp-json\/wp\/v2\/media?parent=1294"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ceem-dauphine.eu\/en\/wp-json\/wp\/v2\/categories?post=1294"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ceem-dauphine.eu\/en\/wp-json\/wp\/v2\/tags?post=1294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}