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Please use this identifier to cite or link to this item:
http://hdl.handle.net/1814/13515
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| Title: | Why (and how) to regulate Power Exchanges in the EU market integration context? |
| Authors: | MEEUS, Leonardo |
| Keywords: | Regulation
Exchanges
Grid access
Power Markets |
| Issue Date: | 2010 |
| Series/Report no.: | EUI RSCAS
2010/12
Florence School of Regulation |
| Abstract: | Power Exchanges (PXs) are key market institutions in open and market-based electricity industries.
This paper aims at contributing to the ongoing debate on why and how to regulate Power Exchanges in
the EU market integration context.
The paper starts by stating that two different types of PXs have to be distinguished, i.e. “Merchant”
PXs and the “Cost of Service Regulated” PXs. The paper continues by comparing the typical
incentives of these two types of PXs to perform the basic PX tasks in an isolated national market and
in a market integration context. The paper concludes by deriving from this analytical frame the most
relevant regulatory actions. |
| URI: | http://hdl.handle.net/1814/13515 |
| ISSN: | 1028-3625 |
| Appears in Collections: | RSCAS Working Papers
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