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Data Item Details
Name
Capacity mechanisms in the EU-27 – 2021
Source
ACER based on NRA data
Business Symbol
Reference
Figure 7
Comment
The first auction of the new Belgian capacity mechanism took place in October 2021. In Bulgaria, the capacity mechanism was phased out in 2020. In Greece, auctions were suspended since March 2019 and last delivery period included 2020.In France a complementary scheme targeting demand response is also in place since 2018. The first delivery of the new Italian capacity mechanism started in 2022. Contracts of the previous targeted capacity payment scheme were still valid in 2021.A new auction was held in February 2022 for delivery in 2024. In Portugal*, a targeted capacity mechanism was introducedin 2017, and has been revoked since 2018, yet some capacity payments are provided to hydro power plants due to “legacy”contracts. In Spain**, the capacity mechanism used to comprise of “investment incentives” and “availability payments”. Such availability payments were removed in June 2018, and investment incentive payments still apply only to generation capacity installed before 2016.
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Figure 7
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Capacity Mechanism Type
Market wide - central buyer
Market wide - de-centralised obligation
No CM
Strategic reserves
Targeted capacity payment
Fields to export
Country
Capacity Mechanism Type
AT
No CM
BE
Market wide - central buyer
BG
No CM
CH
No CM
CY
No CM
CZ
No CM
DE
Strategic reserves
DK
No CM
EE
No CM
ES
Targeted capacity payment
FI
Strategic reserves
FR
Market wide - de-centralised obligation
GR
No CM
HR
No CM
HU
No CM
IE
Market wide - central buyer
IT
Market wide - central buyer
LT
No CM
LU
No CM
LV
No CM
NI
Market wide - central buyer
NL
No CM
NO
No CM
PL
Market wide - central buyer
PT
Targeted capacity payment
RO
No CM
SE
Strategic reserves
SEM
Market wide - central buyer
SI
No CM
SK
No CM
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