Market Power In European Electricity Markets

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Market Power In European Electricity Markets

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Author :
language : en
Publisher:
Release Date : 2004

Market Power In European Electricity Markets written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with categories.

Analysis Of The German And European Electric Power Market

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Author : Nicolai Westsee
language : en
Publisher: GRIN Verlag
Release Date : 2014-03-24

Analysis Of The German And European Electric Power Market written by Nicolai Westsee and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-03-24 with Business & Economics categories.

Seminar paper from the year 2013 in the subject Economics - Case Scenarios, grade: 2,0, University of Hannover, language: English, abstract: The main goal of this term paper is to give an overview about differences within the European market and their advantages and disadvantages. Additionally the historical development of energy markets and the future perspective, influenced by the development of the renewables shall be pointed out. The next part, after this introduction, is about the historical development of the electric power market in Europe with a focus on the German market liberalization. In section three, the two different market models Open-Market model and Pool-Market model are discussed. After an explanation and a comparison of the two models, the trend towards renewables is taken into account. The focus lays on the development, the integration into the different existing electricity-markets in Germany and Spain and on their impacts on these markets. Based on a study of Makkonen et al. from 2012, published in the journal Energy Policy an extensive outlook in future requirements, changes and possibilities of the development of a single European Electricity Market, this term paper will be concluded.

Electricity Reform In Europe

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Author : Jean-Michel Glachant
language : en
Publisher: Edward Elgar Publishing
Release Date : 2009-01-01

Electricity Reform In Europe written by Jean-Michel Glachant and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-01-01 with Business & Economics categories.

. . . this volume comes across as one of the most profound sources on the specifics of European electricity market restructuring. Competition and Regulation in Network Industries The SESSA study on the Internal Energy Market was an important and influential contribution towards the Commission s proposal for a third package of proposals, intending to bring more effective competition and better security of supply to Europe s energy markets. This volume, based on the results of the study is an important and welcome contribution to the ongoing debate on these proposals. Andris Piebalgs, Commissioner for Energy at the European Commission The chapters in this book are written by the leading European scholars who have studied the structure, behavior and performance of liberalised electricity markets in many European countries as well as in other regions of the world. Both the analyses and the policy recommendations contained in this volume are well worth careful consideration by policymakers in Europe, as well as by policymakers in other countries that are seeking to adopt successful electricity sector liberalisation programs. From the foreword by Paul L. Joskow, Massachusetts Institute of Technology, US Dynamism or dissipation? Competition or national champions? Will enlargement promote or delay reform? Energy economists contemplate the challenges posed by the restless and discontent European Commission. Stephen Littlechild, University of Birmingham and Judge Institute for Management Studies, University of Cambridge, UK The challenge of European electricity reform is being met, although gradually, delays notwithstanding. This book provides precious help in spotting where the necessary further efforts should be directed. In the US mistakes and delays have occurred, no less than in Europe, but an aggressive federal regulator (absent in Europe) is working to overcome them. Electricity markets do not happen, they have to be built. Here are suggestions for a workable European market design. No ideology, just competence and wisdom from both theory and experience. Will Europe learn? Pippo Ranci, Università Cattolica del Sacro Cuore, Italy The realisation of a European internal market for energy is still a work in progress. Written by leading European scholars and discussed with major energy stakeholders, this book presents a thorough analysis of the motives and methods needed to achieve a single European energy market. The authors discuss the critical issues surrounding an internal European energy market including: market design, competition and market power, sustainable energy versus the market, regulation and harmonisation, benchmarking and indicators, modelling of competition, market prices and energy forecasts. They provide a multi-disciplinary assessment of the best way to build the market base of a future European energy policy. Electricity Reform in Europe will be of great interest to decision makers and managers in the energy industry or business sector as they will be able to see the whole European energy policy picture beyond their own corporate interests. The book will also appeal to national and European energy administrations, regulatory bodies and policy makers providing a synthesis of all relevant policy issues.

The Economics Of Electricity Markets

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Author : Clara Poletti
language : en
Publisher: Edward Elgar Publishing
Release Date : 2013-01-01

The Economics Of Electricity Markets written by Clara Poletti and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-01-01 with Business & Economics categories.

The Economics of Electricity Markets provides a cutting-edge analysis of the critical issues involved in the design and operation of electricity markets, as well as an assessment of alternative institutional arrangements that have either been implemented or are under discussion in Europe and the US. The book illustrates how a sound market design can render electricity trading and retailing very much like that of other commodities. Social and political concerns, rather than engineering or economics, are what make electricity markets 'special'. The expert contributors address a wide set of issues that arise when competition is introduced to the electricity industry, ranging from the design of spot and real-time power markets to alternative approaches to congestion management, from competition policy in wholesale electricity markets to the benefits and costs of retail competition, and from regulatory measures to ensure generation capacity adequacy to the politicization of generation investment decisions as a way of pursuing sustainability targets. This highly informative book will appeal to academics, students and researchers in the field of advanced energy economics, and will prove essential reading for energy regulators, professionals and executives wishing to explore the theoretical foundations underpinning their day-to-day activities.

The Evolution Of Electricity Markets In Europe

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Author : Leonardo Meeus
language : en
Publisher: Edward Elgar Publishing
Release Date : 2020-11-27

The Evolution Of Electricity Markets In Europe written by Leonardo Meeus and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-11-27 with Business & Economics categories.

Bridging theory and practice, this book offers insights into how Europe has experienced the evolution of modern electricity markets from the end of the 1990s to the present day. It explores defining moments in the process, including the four waves of European legislative packages, landmark court cases, and the impact of climate strikes and marches.

Market Power In Power Markets In Europe

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Author : Thao Pham
language : en
Publisher:
Release Date : 2015

Market Power In Power Markets In Europe written by Thao Pham and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with categories.

The two last centuries have witnessed an exceptional revolution in the organization of electric power markets worldwide. The industry's organization has changed from vertically integrated monopolies under regulation to unbundled structures that favor market mechanisms; known as reform process in Europe. The shift to reliance on market prices, given concentrated structures and particular characteristics of electricity industry, raises a possibility that some firms could influence the market prices by exercising their market power. The issues of "market power" in a given industry have been abundantly employed in the literatureof Industrial Organization since the late 1970s but theoretical and empirical studies of "market power in electricity markets" have only been developed recently. In this thesis, we attempt to carry out an insight research around market power questions in deregulated wholesale electricity markets in Europe, as regarding the way of defining and measuring it. We carry out empirical studies in two of the biggest liberalized electricity markets in Europe: France (2009-2012's data) and Germany (2011's data), using econometric regressions and electricity simulation models as main methodologies. The subject is particularly relevant inthe context of energy transition in Europe (transition energetique in France and Energiewende in Germany).

Competition On European Energy Markets

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Author : Stefan Speck
language : en
Publisher:
Release Date : 2003

Competition On European Energy Markets written by Stefan Speck and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Competition categories.

Market Building Through Antitrust

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Author : Adrien de Hauteclocque
language : en
Publisher: Edward Elgar Publishing
Release Date : 2013-12-27

Market Building Through Antitrust written by Adrien de Hauteclocque and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-12-27 with Technology & Engineering categories.

By mixing legal, political and economic perspectives, this book will appeal to a wide range of readers from academia in law, economics and political science, regulatory and competition authorities, as well as legal and consulting practices and business

Competition Contracts And Electricity Markets

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Author : Jean-Michel Glachant
language : en
Publisher: Edward Elgar Publishing
Release Date : 2011

Competition Contracts And Electricity Markets written by Jean-Michel Glachant and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with Business & Economics categories.

This book fills a gap in the existing literature by dealing with several issues linked to long-term contracts and the efficiency of electricity markets. These include the impact of long-term contracts and vertical integration on effective competition, generation investment in risky markets, and the challenges for competition policy principles. On the one hand, long-term contracts may contribute to lasting generation capability by allowing for a more efficient allocation of risk. On the other hand, they can create conditions for imperfect competition and thus impair short-term efficiency. The contributors – prominent academics and policy experts with inter-disciplinary perspectives – develop fresh theoretical and practical insights on this important concern for current electricity markets. This highly accessible book will strongly appeal to both academic and professional audiences including scholars of industrial, organizational and public sector economics, and competition and antitrust law. It will also be of value to regulatory and antitrust authorities, governmental policymakers, and consultants in electricity law and economics.

Empirical Evidence For Inefficiencies In European Electricity Markets

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Author : Georg Zachmann
language : en
Publisher:
Release Date : 2009

Empirical Evidence For Inefficiencies In European Electricity Markets written by Georg Zachmann and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with categories.