Discussion paper #2 – Market setup options for hybrid projects

The North Sea Wind Power Hub addresses knowledge gaps that remained untouched in the previous discussion paper on market setups by showing the impact of the Home Market setup and the Offshore Bidding Zone setup on the existing national legal and regulatory frameworks in Denmark, Germany and the Netherlands. Moreover, insights are provided into key economic indicators such as efficiency, price dynamics and  income distribution and thereby responds to current European discussions.

Discussion paper – Market setup options for hybrid projects

 

Background papers

1. National legal and regulatory framework analysis – summary paper:

This paper elaborates on the ‘Impact on national and legal framework analysis’ presented in discussion paper #2 on market setup. The North Sea Wind Power Hub addressed a knowledge gap that remained untouched in the first discussion paper on market setup. The analysis provides insight in the compatibility of the Home Market setup and the Offshore Bidding Zone setup with the national legal and regulatory frameworks of Denmark, Germany and the Netherlands by determining which regulatory and/or legal aspects create potential barriers/hurdles.

Read the National legal and regulatory framework analysis – summary paper

 

2. Afry (2020), Market Setup Impact on Price Dynamics and Income Distribution – background report

This paper serves as background paper to the ‘Impact on efficiency, price formation and revenue distribution analysis’ presented in discussion paper #2 on market setup. The study provides insight in  to impact of the Home Market setup and the Offshore Bidding Zone setup on dispatch and capacity allocation efficiency, price dynamics, socio-economic welfare and income distribution amongst project stakeholders under two physical hub-and-spoke configurations.

Read the Afry (2020), Market Setup Impact on Price Dynamics and Income Distribution – background report