The need for a regulation of the generation capacity development in a competitive electricity market

Author

Belyaev, L.S.

Author_Institution

Energy Syst. Inst., Irkutsk

fYear

2005

fDate

27-30 June 2005

Firstpage

1

Lastpage

8

Abstract

The paper considers the problems in power generation expansion arisen in the transition to a competitive electricity market. Specific features of the electricity market and mechanisms of financing power plants construction are analysed. Equations of investment components of tariffs and prices are given. They are used to calculate the costs of operating and new power plants. Imperfection of the electricity market is shown on the example of the wholesale market of European Russia. This calls for a state regulation of generation capacity expansion.

Keywords

power generation economics; power markets; power stations; tariffs; European Russia; electricity market; generation capacity development; power generation expansion; power plants construction; state regulation; tariffs; Costs; Economic forecasting; Electricity supply industry; Electricity supply industry deregulation; Equations; Investments; Monopoly; Power generation; Production; Transportation; Competition; electricity market; investment component; power generation expansion; restructuring; tariff and price;

fLanguage

English

Publisher

ieee

Conference_Titel

Power Tech, 2005 IEEE Russia

Conference_Location

St. Petersburg

Print_ISBN

978-5-93208-034-4

Electronic_ISBN

978-5-93208-034-4

Type

conf

DOI

10.1109/PTC.2005.4524757

Filename

4524757