Markets & Policies Electricity market design: do we need capacity mechanisms?

One of the latest publications from the Oxford Institute for Energy Studies (OIES) casts some doubts about the need and implementation of centralised capacity mechanisms proposing an alternative solution to complement the energy-only markets. At EU level the discussion about the introduction of capacity mechanism has a long story, and the EC is not completely favourable to them.

Environment & Sustainability Global Warming of 1.5 °C… we have twelve years left to cry in

This month the IPCC released a special report about Global Warming of 1.5 °C and its very likely consequences. Approved in Incheon, Republic of Korea on Saturday October 6th 2018, it is going to be a key scientific input for the next Climate Change Conference, which is going to happen in Katowice in Poland in December. But this is also a kind advice to all Governments, industries and organisations all over the world about the urgency and importance to take action now.