Yannick PHULPIN

The effective decarbonisation of the EU economy requires an immediate acceleration of the deployment of low carbon generation assets, in particular in offshore locations. To minimize the cost of the energy transition, it might be efficient to use the transmission infrastructure connecting offshore generation to support additional cross-border exchanges when offshore assets are not running. While most stakeholders agree that this “hybrid offshore” concept is a promising approach, they also wonder how the corresponding investments are to take place with the current market design. Various regulatory options are under consideration to facilitate the investment. The presentation will focus on how a stable approach can make the energy transition less expensive and emphasize links with the investment in onshore locations.