The role of power exchange in deregulated electric power markets in Asia and Oceania

Integration of electric power systems and power exchanges among countries, regions and companies is an objective tendency in the world power industry development. In this panel session the following viewpoint was discussed: ideas of the different countries in Asia and Oceania of either the positive or negative role of power exchanges in a market environment; estimations of potential limits in the power exchanges and substantiation of such limits if there are any; concrete results of the studies on power exchanges in the feasibility studies of prospective projects of power exchanges.