Title :
Trading opportunities in the SEE
Author :
Iliadis, N.A. ; Biskas, P.
Author_Institution :
EnerCoRD, Albany, NY, USA
Abstract :
The SEE electricity market is characterized by its rapid development and growth during the last years. Important companies present in Europe and globally have shown interest for this market and expressed the latter through strategic actions such as project development and joint ventures with local companies. Cross border and internal trading witness an increasing liquidity as the environment becomes more stable, the rules are homogenized and there is activity in infrastructure development. Although the SEE grid has been synchronous with UCTE since 2004 and a common regulation is in process, the region faces actually generation and transmission capacity constraints. The latter have a direct impact on the trading activities, the liquidity and the type of trading in the SEE electricity market performed by the players. In this presentation, we will describe the current status of trading in SEE and we will expose the influence of the generation and grid to trading in SEE. We will also attempt to present an outlook for the electricity trading status in the next few years, the level of liquidity and the derivative products that will be used.
Keywords :
power generation economics; power markets; power transmission economics; SEE electricity market; electricity trading opportunities; generation capacity constraints; joint ventures; local companies; project development; strategic actions; transmission capacity constraints; Character generation; Electricity supply industry; Europe; Fuels; International collaboration; Mesh generation; Power generation; Power markets; Renewable energy resources; Synchronous generators; South East Europe; capacity auctions; cross border trading; transmission capacity;
Conference_Titel :
Power & Energy Society General Meeting, 2009. PES '09. IEEE
Conference_Location :
Calgary, AB
Print_ISBN :
978-1-4244-4241-6
DOI :
10.1109/PES.2009.5275543