Market design of an energy exchange: The case of Greece
Sign Up to like & getrecommendations! Published in 2019 at "Energy Policy"
DOI: 10.1016/j.enpol.2019.110887
Abstract: Driven by the liberalization of the energy market that began in the 1990s, the European Union aims to unify its internal market and achieve price convergence among all European economies. The majority of European countries… read more here.
Keywords: energy exchange; market design; energy; market ... See more keywords
How market design shapes the spatial distribution of power plant curtailment costs
Sign Up to like & getrecommendations! Published in 2020 at "Energy Policy"
DOI: 10.1016/j.enpol.2020.111591
Abstract: Abstract When multiple power plants are curtailed at the same time and in the same region, electricity system costs rise. If transmission lines are congested, these costs might be amplified and spatially more concentrated, because… read more here.
Keywords: curtailment; market; power; pricing ... See more keywords
Demand response, market design and risk: A literature review
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DOI: 10.1016/j.jup.2020.101083
Abstract: Abstract Different market designs may create distortions on spot pricing equilibrium, thus providing different signals for market agents and investment decisions on new generation assets. Also, demand flexibility market value may differ according to market… read more here.
Keywords: risk; market; response market; market design ... See more keywords
Market design for a high-renewables European electricity system
Sign Up to like & getrecommendations! Published in 2018 at "Renewable and Sustainable Energy Reviews"
DOI: 10.1016/j.rser.2018.04.025
Abstract: This paper presents a set of policy recommendations for the market design of a future European electricity system characterized by a dominant share of intermittent renewable energy supply (RES), in line with the stated targets… read more here.
Keywords: european electricity; market; electricity; market design ... See more keywords
Making an exception: market design and the politics of re-regulation in the French electricity sector
Sign Up to like & getrecommendations! Published in 2019 at "Economy and Society"
DOI: 10.1080/03085147.2019.1576434
Abstract: Abstract By subjecting market participants to uncertain and volatile prices, the liberalization of public concerns generates opposition that threatens its own survival. This paper asks how this contradiction is resolved in practice. We examine the… read more here.
Keywords: design politics; exception market; market; making exception ... See more keywords
Market Design Options for Scarcity Pricing in European Balancing Markets
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DOI: 10.1109/tpwrs.2021.3058414
Abstract: The European balancing market is undergoing radical transformation through numerous market design initiatives. These initiatives aim at improving geographical coordination among European transmission system operators, and better positioning the European system for integrating renewable resources… read more here.
Keywords: methodology; market design; design options; design ... See more keywords
Electricity Market Design in Croatia within the European Electricity Market—Recommendations for Further Development
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DOI: 10.3390/en11020346
Abstract: One of the most important objectives of the European Union is the creation of an Internal Electricity Market (IEM) in Europe. Various national electricity market designs represent one of the major obstacles to the creation… read more here.
Keywords: electricity market; croatia; market; power exchange ... See more keywords
Variable Renewable Energy and Market Design: New Products and a Real-World Study
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DOI: 10.3390/en12234576
Abstract: Most existing energy markets (EMs) were not designed to take into account an active participation of variable renewable energy (VRE). This situation results typically in imbalances and substantial costs in balancing markets. Such costs are… read more here.
Keywords: energy; market; study; renewable energy ... See more keywords