Security of electricity supply remains essential for the EU Energy Policy and is closely intertwined with EU’s economic competitiveness. This Monitoring Report is published in the context of the ongoing revision of the EU energy security architecture initiated by the European Commission and supported by the European Parliament. It highlights:
-Only a third of capacity support payments go to clean technologies, gas leads in long-term contracts
-Gas-fuelled power plants remain a crucial safety net, projected to cover 30% of peak demand in 2035 more than tenfold difference in capacity auction prices across the EU
-Total cost of capacity mechanisms reaches EUR 6.5 billion while the number of Member States with capacity mechanisms remains unchanged since 2022
-Enhanced cross-border coordination could decrease the additional capacity to be installed by up to 70%;
-Regional and cross-sectoral cooperation on risk preparedness crucial for security of supply
Access the report here