6 principles for a market design that enables the energy transition

The current market design in the energy sector is challenged by decentralization and digitalization. In this post we discuss six economic principles that provide a framework for an efficient market design that is capable of facilitating the energy transition towards renewables and digital services. Among others we discuss the requirement that the market design needs to become more flexible to adapt to local market failures and to an increasing speed of innovation driven by digitalization. 

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