Ambiguous interventions: Capacity remuneration mechanisms and the politics of energy transition in Britain and Germany

Ronan Bolton, Thies Clausen

Research output: Contribution to journalArticlepeer-review

Abstract

This paper analyses the introduction of capacity remuneration mechanisms (CRMs) in Europe, focusing on Britain and Germany. We show how CRMs in these countries are evolving from government interventions to deal with electricity system reliability to become important policy instruments designed address a wider range of economic and societal challenges related to decarbonisation. We pay particular attention to the ambiguous role that CRMs play as tools for governing the decarbonisation of electricity systems. On the one hand they are being legitimised by governments as a means of facilitating the integration of renewables, while at the same time they are seen by many actors as a contributor to carbon lock-in and a means of prolonging the fossil-fuel industry. We discuss key factors shaping the ambiguous role of CRMs in electricity system decarbonisation and their relation to the politics of sustainability transitions.
Original languageEnglish
Article number101218
Number of pages10
JournalEnergy Research & Social Science
Volume56
Early online date9 Jul 2019
DOIs
Publication statusPublished - Oct 2019

Keywords

  • electricity markets
  • capacity remuneration mechanisms
  • socio-technical systems
  • sustainability transitions
  • energy politics

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