PROJECTS

Sustainable Electricity Trading Roadmap

The problem

Electricity systems from Morocco through Spain, Portugal, France and Germany are physically interconnected; yet the market mechanisms that promote renewable generation are not integrated, and transmission links not adequate for potential trading volumes. These factors limited potentially beneficial trades, such as solar energy being exported from sunnier places to less sunny places.

How we helped

Castalia led a team advising the governments of Germany, Spain, Portugal, France and Morocco on a Roadmap for Sustainable Energy Trade. To do this we identified markets for renewable generation (such as European renewable energy auctions and large corporate consumers of renewable energy); analyzed opportunities for trade to reduce the cost of meeting renewable energy demand; identified transmission constraints hindering trade; assessed costs and benefits to show where transmission upgrades were economically justified; and identified regulatory and market reforms needed to allow sustainable energy trade among all the countries involved.

Impact

In December 2018, the five countries signed a joint declaration to implement renewable energy cross-border corporate power purchase agreements.

How can we help you?

How can we help you?

WASHINGTON, DC
+1 (202) 466-6790
1747 Pennsylvania Avenue NW, Suite 1200
United States of America

SYDNEY
+61 (2) 9231 6862
Level 1 Kyle House, 27-31 Macquarie Place
Australia

WELLINGTON
+64 (4) 913 2800
Level 2, 88 The Terrace
New Zealand

PARIS
+33 (1) 73 44 26 97
6 Rue Duret
France

BOGOTÁ
+57 (1) 508 5794
Calle 81 #11-08, Piso 5, Oficina 5-127
Colombia

Thinking for a better world.

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PROJECTS          NEWS         CONTACT
© Copyright 2019 Castalia. All rights reserved.  | Credits | Sitemap

WASHINGTON, DC
+1 (202) 466-6790
1747 Pennsylvania Avenue NW, Suite 1200
United States of America

SYDNEY
+61 (2) 9231 6862
Level 1 Kyle House, 27-31 Macquarie Place
Australia

WELLINGTON
+64 (4) 913 2800
Level 2, 88 The Terrace
New Zealand

PARIS
+33 (1) 73 44 26 97
6 Rue Duret
France

BOGOTÁ
+57 (1) 508 5794
Calle 81 #11-08, Piso 5, Oficina 5-127
Colombia

Thinking for a better world.

Castalia-logo-negative-2col
PROJECTS          NEWS         CONTACT
© Copyright 2019 Castalia. All rights reserved.
Credits | Sitemap