The future developments of the electricity prices in view of the implementation of the Paris Agreements: will the current trends prevail, or a reversal is ahead?

摘要: Abstract We assess the impact on European electricity market of Union “Clean energy for all Europeans” package, which implements EU Nationally Determined Contribution in Paris COP 21. focus year 2030, is with defined climate targets. For assessment, we employ a game-theoretic framework wholesale market, high technical detail. The model applied to two core scenarios, Base scenario and Low Carbon provide insights regarding future capacity, generation mix, cross-border trade prices. also three additional variants scenarios concerning different levels of: a) fossil CO2 prices; b) flexibility provided by batteries; c) integration. find that prices 2030 substantially increase from today's level, driven fuel batteries helps mitigating price peaks volatility. increased low marginal cost generation, expansion non-dispatchable distributed capacities, higher integration further reduce power producers markets level.