Oct 6, 2022
EU Energy Ministers have agreed a new revenue cap for inframarginal power generation of €180/MWh. National governments will now implement this. But they are allowed to deviate from the single EU-wide cap and set different caps for different technologies.
Herein lies the danger. Poor implementation of the new rules would make it difficult to build new wind farms and would turn investors away.
National revenue caps should therefore follow these 6 points.
By Connectivity (Grid Connected, Off Grid), By Grid (AC Microgrid, DC Microgrid, Hybrid), By Power Source (Diesel Generators, Natural Gas, Solar PV, CHP), By Storage Device (Lithium-Ion, Lead Acid, Flow Battery, Flywheels), By Application (Healthcare, Educational Institutes, Military, Utility, Industrial/ Commercial, Remote)Download free sample pages
Europe will not get out of this energy crisis without more renewables. That means lots more investments. For your energy security and climate targets you need to avoid deterring investors, Governments.