The “coal villain” of the European Union? Path dependence, profiteering and the role of the Energetický a průmyslový holding (EPH) company in the energy transition

• Published in: Energy research & social science Vol. 76; p. 102066
• Main Authors: Černoch, Filip, Osička, Jan, Mariňák, Sebastián
• Format: Journal Article
• Language: English
• Published: Elsevier Ltd 01.06.2021
• Subjects: Capacity remuneration mechanism; EPH; Niche actors; Rent-seeking; Stranded assets; Utilities; Rent-seeking; Capacity remuneration mechanism; Utilities; Stranded assets; EPH; Niche actors
• ISSN: 2214-6296; 2214-6326
• DOI: 10.1016/j.erss.2021.102066

•The EPH company has grown among the biggest European utilities over just a decade.•Its business strategy targets assets subject to stranding risk such as coal plants.•It has managed to extract substantial rent from capacity mechanisms.•It does not fit the established categories of actors in transit...