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A market fit-for-purpose

image credit: Jan, Michaela and David are joined by Jorge Vasconcelos, chair of New Energy Solutions and part of the Florence School of Regulation. Jorge tells us how electricity market design is essential in getting clean energy to where it is needed.
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Blog posts, FORESIGHT Climate & Energy

FORESIGHT Climate & Energy publishes weekly feature articles and expert opinions on the solutions and remaining barriers to a clean energy economy. We focus on expert analysis and in-depth...

  • Member since 2019
  • 139 items added with 250,378 views
  • Feb 25, 2022
  • 1137 views

From FORESIGHT Climate & Energy, Watt Matters is a podcast all about the energy transition and the shift to a decarbonised economy.

In today’s episode, we are looking into electricity market design. A vital part of the energy transition, market design can make or break a country’s decarbonisation efforts.

You can have all the renewable energy you need, but without an effective market in which to sell the power, this time, effort and investment would be wasted leaving the energy transition to grind to a halt.

Meanwhile, the last few months have seen huge increases in power prices across Europe. Is this the sign of a broken market or a symptom of something much bigger? Paired with more distributed energy resources, the rise of the prosumer and digitalisation, the electricity market is having to adapt rapidly.

Listen and subscribe to Watt Matters wherever you get podcasts! Follow us on Twitter at @WattMattersPodor email us at show@wattmatterspodcast.com. You can also find FORESIGHT Climate & Energy on LinkedIn.

 

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Matt Chester's picture
Matt Chester on Feb 25, 2022

Meanwhile, the last few months have seen huge increases in power prices across Europe. Is this the sign of a broken market or a symptom of something much bigger? Paired with more distributed energy resources, the rise of the prosumer and digitalisation, the electricity market is having to adapt rapidly.

The rising prices could be evidence that adaption towards more distributed resources that are less dependent on the prices of fuel like oil and gas, obviously volatile based on global markets and geopolitics, is more urgent. 

Audra Drazga's picture
Audra Drazga on Feb 25, 2022

Love the image you chose for your podcast series - very eye-catching!  

FORESIGHT  Contributor's picture
FORESIGHT Contributor on Mar 3, 2022

Thank you, Audra! :-)

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