Title :
The need for a regulation of the generation capacity development in a competitive electricity market
Author_Institution :
Energy Syst. Inst., Irkutsk
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;
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
DOI :
10.1109/PTC.2005.4524757
