Italy awaits EU state aid approval for electricity capacity market start

Published: Oct. 21, 2015, 2:58 p.m.

b'Italy\\u2019s electricity transmission system operator Terna hopes to introduce a capacity market in 2016, where it will auction options products annually. This means payments will be linked to available capacity of plants rather than their electricity output. Its 2016 deadline will have to depend on EU state aid approval. ICIS Italian market reporters Riccardo Patrian and Matilde Mereghetti examine the issue in more depth.'