[PDF] Conference Paper: Electricity competition and market splitting: a real-size two countries case

Title:

Electricity competition and market splitting: a real-size two countries case

Authors:

J. Barquín , B. Vitoriano , F.J. Santos , F. Fernández-Menéndez , J. González del Santo , J.M. Vicente Andrés , M. Urios Rodríguez

Keywords:

Economics, Power System Modelling

Research topics

Abstract:

Proposals in the European Union and other regions of the world are being currently made in order to ease electricity trading between different countries. One of the reasons invoked in order to justify the regulatory change is that the increasing of the relevant market size by linking different systems should bring a greater degree of competition. However, these prospects will only be attained if there is enough transmission capacity between the different systems, allowing the constitution of an effective single market. Development of modelling tools able to deal with oligopolistic competition in real systems taking into account network constraints is an active research topic. These tools are needed both from a regulatory (assessment of the required transmission capacity) as well as industrial standpoint. This paper presents some preliminary results obtained with one of these tools, when applied to a ficticious (albeit realistic) system akin to the recently proposed Iberian market comprising the Portuguese and Spanish systems, and their interconnections.

Reference:

Proceedings of the 2nd International Conference on Liberalization and Modernization of Power Systems: Congestion Management Problems. Irkustsk, Russia, June 2003.

Publication date:

August 2003

Internal document reference:

IIT-03-066A

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