UCL  IRIS
Institutional Research Information Service
UCL Logo
Please report any queries concerning the funding data grouped in the sections named "Externally Awarded" or "Internally Disbursed" (shown on the profile page) to your Research Finance Administrator. Your can find your Research Finance Administrator at https://www.ucl.ac.uk/finance/research/rs-contacts.php by entering your department
Please report any queries concerning the student data shown on the profile page to:

Email: portico-services@ucl.ac.uk

Help Desk: http://www.ucl.ac.uk/ras/portico/helpdesk
Publication Detail
Integrating regional electricity markets towards a single European market
  • Publication Type:
    Conference
  • Authors:
    Ouriachi A, Spataru C
  • Publication date:
    19/05/2015
  • Place of publication:
    http://www.eem15.com/images/documentos/EEM15_program.pdf
  • Published proceedings:
    IEEE
  • Name of conference:
    12th International Conference on European Energy Markets
  • Conference place:
    Lisbon, Portugal
  • Conference start date:
    19/05/2015
  • Conference finish date:
    22/05/2015
Abstract
The Electricity directives provided a general framework for the integration of electricity markets but unclear on the means to achieve full integration. Regional Initiatives were thought as a bottom up approach aiming to speed up the integration of electricity markets in Europe by complementing the top down approach of the three Directives. They were successful in creating regional submarkets using market coupling or splitting. This paper investigates differences between European electricity submarkets and assesses the level of integration within and between them. We find four regions with high degree of correlation between electricity prices: CWE, CEE, NordPool or the MIBEL. Moreover, there are now signs of convergence between regions too. Regional interconnections can be the key to a successful integration of markets.
Publication data is maintained in RPS. Visit https://rps.ucl.ac.uk
 More search options
UCL Researchers
Author
Bartlett School Env, Energy & Resources
University College London - Gower Street - London - WC1E 6BT Tel:+44 (0)20 7679 2000

© UCL 1999–2011

Search by