DocumentCode :
2285379
Title :
Market coupling of South East Europe in the electricity sector
Author :
Toljan, Ivica ; Tot, M. ; Skubin, G.
Author_Institution :
HROTE, Zagreb, Croatia
fYear :
2011
fDate :
25-27 May 2011
Firstpage :
149
Lastpage :
154
Abstract :
Market coupling with the mechanism of implicit auctions is a new and increasingly employed model of coupling of different national electricity markets, where national market operators remain independent legal persons. ERGEG, in its efforts to develop a more integrated European energy market, sees the role of European regional connections as essential for the development of a liberalised market. Building of a common European market in the electricity sector requires a special coherent strategy, considering the characteristics of electricity as a commodity on the market, but also as a physical phenomenon. Consequently, activities are taking place based on a three-fold strategic approach: the first one is a legally binding contract defining key objectives with timeframes, the second one is the selection of a market model deriving from the best practice which will enable regional harmonisation and the third one is establishment of a suitable coordinating and monitoring body.
Keywords :
power markets; ERGEG; European regional connection; electricity sector; independent legal person; integrated European energy market model; liberalised market; national electricity market coupling; south east Europe; three-fold strategic approach; Communities; Convergence; Couplings; Electricity; Europe; Power generation;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Energy Market (EEM), 2011 8th International Conference on the European
Conference_Location :
Zagreb
Print_ISBN :
978-1-61284-285-1
Electronic_ISBN :
978-1-61284-284-4
Type :
conf
DOI :
10.1109/EEM.2011.5952998
Filename :
5952998
Link To Document :
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