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Towards the re-foundation of the electricity market regime on long term contracts and vertical arrangements? / Dominique Finon , EU energy policy blog, 22/06/2011http://www.energypolicyblog.com/2011/06/22/towards-the-re-foundation-of-the-electricity-market-regime-on-long-term-contracts-and-vertical-arrangements/Electricity  market regime is at a crossroads.  There is a fundamental tension  between short term pricing as a signal for investing in the whole  generation mix and the long term policy objectives in matter of energy  security and carbon emission control. It is due to inherent specific  price- and volume-risks inherent to electricity markets for investing in  large-sized technologies with large upfront costs and long lead times,  like non-fossil technologies, and more generally low carbon equipment.  Risk mitigation and risk sharing by long term contracts or vertical  integration are needed with even the generalization of these  arrangements under the government coordination as it is envisaged by the  Electricity Market Reform in the UK...