Prices of French capacity guarantees during EPEX auction sessions, showing capacity market auction prices in €/MW for delivery years 2020, 2021, and 2022, with significant price increases observed during 2020.

Mecapa in 2020: chronicle of a peculiar mechanism in uncertain times

Year 2020 would have been a very special year for the Capacity Mechanism Market, too. It would have started “normally” following the 2019 trend. However, the pandemic and its procession of consequences and restrictive measures then reshuffled the cards on the Capacity Market and drove up the prices of Capacity Guarantees when, on April 6th, […]

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