Mon premier blog

Electricity Markets: Pricing, Structures and Economics Chris Harris
Publisher: Wiley

FERC gave these regional organizations the task of developing regional transmission plans and pricing structures that would promote competition in wholesale power markets, using the transmission system as a highway for that wholesale commerce. The Australian National Electricity Market commenced operation in a period of oversupply so that problems of market power and excessive prices have not emerged until recently. Finally, here's a piece I wrote for the The Economic and Labour Relations Review in 2001. By opening up the European day to day lives and our economy. But these aren't providing the core supply role. By opening up the European energy markets to competition - a process which started 10 years ago - Europe's citizens have been able to benefit from more choice and more competition to keep prices down, even in times of spiralling global energy prices. European Commission - Press Release - Brussels, 19 September 2007 Electricity and gas are the lifeblood of our day to day lives and our economy. Conclusion Other issues such as the structure of the industry and the degree of horizontal and vertical integration will be resolved by a mixture of market processes and regulatory interventions. The extent of electricity lost in transmission and the level of congestion on any particular branch of the network will influence the economic dispatch of generation units. As to their long term capacity, well, that will depend sensitively on fuel price and market pricing structures.