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Risky being green

Capacity markets are meant to ensure adequate generation capacity to avoid electricity shortages without benefitting specific technologies. Now, research shows that by minimizing investment risks over operating risks, these markets favour fossil fuels over renewable energy unless other complementary instruments are introduced.

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References

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    Mays, J., Morton, D. P. & O’Neill, R. P. Nat. Energy. https://doi.org/10.1038/s41560-019-0476-1 (2019).

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Correspondence to Christoph Weber.

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Weber, C. Risky being green. Nat Energy 4, 906–907 (2019). https://doi.org/10.1038/s41560-019-0494-z

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