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    Why (and how) to regulate Power Exchanges in the EU market integration context?

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    Publication type
    Working paper
    Author
    Meeus, Leonardo
    Publication Year
    2010
    
    Metadata
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    Abstract
    Power Exchanges (PXs) are key market institutions in open and market-based electricity industries. This paper aims at contributing to the ongoing debate on why and how to regulate Power Exchanges in the EU market integration context. The paper starts by stating that two different types of PXs have to be distinguished, i.e. “Merchant” PXs and the “Cost of Service Regulated” PXs. The paper continues by comparing the typical incentives of these two types of PXs to perform the basic PX tasks in an isolated national market and in a market integration context. The paper concludes by deriving from this analytical frame the most relevant regulatory actions.
    Keyword
    Energy Markets
    Knowledge Domain/Industry
    Special Industries : Energy
    URI
    http://hdl.handle.net/20.500.12127/4643
    Other links
    http://hdl.handle.net/1814/13515
    Collections
    Research Communication

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