The ERAA is a pan-European monitoring assessment of power system resource adequacy of up to 10 years ahead and is the successor to the Mid-term Adequacy Forecast (MAF).
It is based upon state-of-the-art methodologies and probabilistic assessments, aiming to model and analyse possible events which can adversely impact the balance between supply and demand of electric power. It will be an important element for supporting qualified decisions by policy makers on strategic matters such as the introduction of capacity mechanisms (CMs)