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dc.contributor.authorSchittekatte, Tim
dc.contributor.authorDeschamps, Vincent
dc.contributor.authorMeeus, Leonardo
dc.date.accessioned2021-10-11T05:19:05Z
dc.date.available2021-10-11T05:19:05Z
dc.date.issued2021en_US
dc.identifier.issn1040-6190
dc.identifier.doi10.1016/j.tej.2021.106971
dc.identifier.urihttp://hdl.handle.net/20.500.12127/6982
dc.descriptionIndependent aggregation can lead to imbalances and foregone revenues for suppliers. • The imbalance issue has been handled with a perimeter correction in most EU countries. • The need for a compensation for foregone revenues is more controversial. • Several supplier compensation models are being tested in the EU. •More guidance is needed at EU-level to converge into a more harmonized approach.en_US
dc.description.abstractThe importance of independent aggregators has been acknowledged in the recently adopted EU Clean Energy Package (CEP). The CEP obliges all Member States to develop a regulatory framework to allow these players to enter the market, but it leaves many of the details of implementation to the national level. In this paper, we take stock of current practices in regulating the contractual relationship between the supplier and the independent aggregator. The actions of an independent aggregator can cause an imbalance in a supplier’s portfolio, and suppliers have also asked for a compensation payment for forgone revenues. We find that the first issue has been handled with a perimeter correction in most countries, while the second issue is more controversial. The need for a compensation payment has been challenged and many different compensation models are being tested. We distinguish between the regulated, the corrected, and the contracted model. We conclude that more guidance is needed at EU-level for convergence on a more harmonized approach.en_US
dc.description.sponsorshipEuropean Unionen_US
dc.language.isoenen_US
dc.publisherElsevier Inc.en_US
dc.subjectDemand Responseen_US
dc.subjectIndependent Aggregationen_US
dc.subjectRetail Marketsen_US
dc.subjectInnovationen_US
dc.subjectRegulationen_US
dc.titleThe regulatory framework for independent aggregatorsen_US
dc.identifier.journalThe Electricity Journalen_US
dc.source.volume34en_US
dc.source.issue6en_US
dc.contributor.departmentFlorence School of Regulation, Robert Schuman Centre for Advanced Studies, European University Institute, Via Boccaccio 121, 50133, Florence, Italyen_US
dc.contributor.departmentMines ParisTech, 60 Boulevard Saint-Michel, 75272, Paris, Franceen_US
vlerick.knowledgedomainSpecial Industries : Energyen_US
vlerick.typearticleJournal articleen_US
vlerick.vlerickdepartmentECen_US
dc.identifier.vperid153973en_US
dc.identifier.vperid151626en_US


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