DocumentCode
2302622
Title
Power exchange price volatility analysis after one year of Trilateral Market Coupling
Author
De Jonghe, C. ; Meeus, L. ; Belmans, R.
Author_Institution
Dept. ESAT, Katholieke Univ. Leuven, Leuven
fYear
2008
fDate
28-30 May 2008
Firstpage
1
Lastpage
6
Abstract
Trilateral market coupling (TLC) was launched in November 2006 in Belgium, France and the Netherlands. The initiative results in a sharp decrease of hourly price differences. This paper analyses whether the price convergence obtained, also reduced price volatility. Evidence for a significant price volatility reduction has only been found on APX. One possible explanation is given by introducing the volatility reduction potential based on the non-simultaneous occurrence of shocks.
Keywords
power markets; pricing; Belgium; France; Netherlands; power exchange price volatility analysis; trilateral market coupling; Convergence; Electric shock; Europe; Fluctuations; Frequency; Measurement uncertainty; Performance analysis; Power generation economics; Power markets; Power system reliability; Power exchanges; market coupling; reduction potential; volatility;
fLanguage
English
Publisher
ieee
Conference_Titel
Electricity Market, 2008. EEM 2008. 5th International Conference on European
Conference_Location
Lisboa
Print_ISBN
978-1-4244-1743-8
Electronic_ISBN
978-1-4244-1744-5
Type
conf
DOI
10.1109/EEM.2008.4579023
Filename
4579023
Link To Document