Batlle C., Fontini F., Mastropietro P., Rodilla P. (2019)
Il «nuovo» capacity market italiano: analisi critica e sviluppi recenti. Energia: Rivista trimestrale sui problemi dell’energia, vol.XXXX, no.1, pp.50-59. March, 2019.
The Italian Capacity Remuneration Mechanism (CRM) has recently been approved by the European Commission. This article presents a brief summary of the regulatory evolution that resulted in the current proposal, provides an in-depth description of the mechanism based on its main design elements, and finally puts forward a critical analysis focusing on European guidelines. Many valuable lessons can be extracted from the Italian experience to shed light on other similar processes currently under development in other European countries.