The role of electricity trading and power exchanges for the construction of a common European electricity market

Author

Boisseleau, F.H.

Author_Institution

Delft Univ., Netherlands

Volume

2

fYear

2002

fDate

6-10 Oct. 2002

Firstpage

728

Abstract

The development of electricity trading and the creation of electricity power exchanges are one of the most visible results of the liberalization of the electricity industry in Europe. Following liberalization, the scope of electricity trading and the role of exchanges have still yet to be clearly identified. This paper examines the nature of electricity trading in Europe. First, it discusses the development of electricity trading. Second, the development of power exchanges and the level of market integration are analyzed. In the end, this paper identifies the main challenges for trading within the European electricity sector and its role in creating a real common market in Europe.

Keywords

power markets; power transmission; European electricity sector; common European electricity market; electricity industry liberalization; electricity power exchanges; electricity trading; market integration; power exchanges; Construction industry; Contracts; Electricity supply industry; Energy consumption; Europe; Law; Legal factors; Power generation economics; Power markets; Technological innovation;

fLanguage

English

Publisher

ieee

Conference_Titel

Transmission and Distribution Conference and Exhibition 2002: Asia Pacific. IEEE/PES

Print_ISBN

0-7803-7525-4

Type

conf

DOI

10.1109/TDC.2002.1177563

Filename

1177563