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Table 3 Overview of major market and policy reform options

From: Contributions of flexible power generation from biomass to a secure and cost-effective electricity supply—a review of potentials, incentives and obstacles in Germany

Electricity and balancing market reform

Spot market reform

Balancing market reform

Establishment of capacity mechanisms

Spatial differentiation of electricity prices

Curtailment contracts and regional flexibility markets

Development of policy incentives for bioelectricity production

Reform of EEG

Reform of KWKG

Climate policy developments (incentives for structural change in electricity and balancing markets)

Reform of EU ETS

National-level climate protection measures (e.g. climate levy, plant retirement)