The European market must provide all consumers with a competitive, safe and sustainable electricity supply. Yet, although the energy market is clearly demonstrating its efficiency in the short term by revealing the value of energy on an hourly basis, it is not offering market players the transparency or the incentives they need to maintain required capacities and invest in new assets or demand management solutions, to guarantee the security of supply sought by France and other Member States.
The security of supply for French and, ultimately, European consumers is, therefore, at risk.
This is why the signatories of this Declaration are convinced of the need for a capacity mechanism to complement the energy market in their support for potential improvements to its operation.
Our request... A capacity mechanism to complement the energy market
Lire la suite