The European Electricity Market and Cross-Border Transmission

Authors

  • M. Adamec
  • M. Indráková
  • M. Karajica

DOI:

https://doi.org/10.14311/985

Keywords:

auction, congestion, electricity, ESS, KISS, MO, scheduling, TPA, TSO, Unbundling, SB

Abstract

This paper deals with basic characteristics and features of trading in electricity, especially in cross-border trading. First, the most important features of electricity as a commodity are explained, with the consequences for electricity trading. Then characteristics and changes in the electricity market after liberalization are discussed. This liberalization has taken place throughout Europe, and the consequences of this revolutionary change are still visible. The main features of electricity trading are mentioned in general. Then cross-border trade in Europe is discussed in greater detail. In this context the basic principles of the allocation of cross-border transmission capacities are explained.The next part of the paper considers the characteristics of the European electricity market from the trader’s point of view. Liquidity as a very important index is introduced here.Finally the most visible trends in cross-border trade and the most probable future development in this area are presented. 

Downloads

Download data is not yet available.

Author Biographies

  • M. Adamec
  • M. Indráková
  • M. Karajica

Downloads

Published

2008-01-03

Issue

Vol. 48 No. 3 (2008)

Section

Articles

License

Authors who publish with this journal agree to the following terms:

1. Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.

2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.

3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).

4. ddd

How to Cite

Adamec, M., Indráková, M., & Karajica, M. (2008). The European Electricity Market and Cross-Border Transmission. Acta Polytechnica, 48(3). https://doi.org/10.14311/985