Skip to main content

2014 | OriginalPaper | Buchkapitel

Profit Optimization of the Cross-Border Trade Between the Nordic and Russian Electricity Markets

verfasst von : Olga Gore, Satu Viljainen, Kalevi Kylaheiko, Ari Jantunen

Erschienen in: Operations Research Proceedings 2012

Verlag: Springer International Publishing

Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.

search-config
loading …

Abstract

Europe aims for internal market in electricity. The target is to ensure the efficient use of interconnections, increase in social welfare and electricity price convergence. However, different market designs across Europe may create a threat to the efficiency of market integration. This paper presents results of a case study of the current operational principles of cross-border trade between Russian energy+capacity market and Nordic energy-only market. The results suggest that interraction of markets with different designs may lead to the non-optimal use of the interconnection.

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

  • über 102.000 Bücher
  • über 537 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Maschinenbau + Werkstoffe
  • Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 340 Zeitschriften

aus folgenden Fachgebieten:

  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Versicherung + Risiko




Jetzt Wissensvorsprung sichern!

Literatur
1.
Zurück zum Zitat Chaigneau, M., Lannez, S., Passelergue, J., Hesamzadesh, M.: Forward capacity markets: Maintaining system reliability in Europe. In: Proceedings of IEEE Conference Publications, 2012 Chaigneau, M., Lannez, S., Passelergue, J., Hesamzadesh, M.: Forward capacity markets: Maintaining system reliability in Europe. In: Proceedings of IEEE Conference Publications, 2012
2.
Zurück zum Zitat Gore, M., Viljainen, S., Makkonen, M., Kuleshov, D.: Russian electricity market reform: deregulation or re-regulation. Energy Policy 41, 676–685 (2011)CrossRef Gore, M., Viljainen, S., Makkonen, M., Kuleshov, D.: Russian electricity market reform: deregulation or re-regulation. Energy Policy 41, 676–685 (2011)CrossRef
3.
Zurück zum Zitat Gore, M., Viljainen, S.: Barriers and opportunities for new market players to entry the Russian power sector. In: Proceedings of IEEE Conference Publications, 2012 Gore, M., Viljainen, S.: Barriers and opportunities for new market players to entry the Russian power sector. In: Proceedings of IEEE Conference Publications, 2012
5.
Zurück zum Zitat Joscow, P., Kahn E.: A quantitative analysis of pricing behavior in California’s wholesale electricity market during summer 2000. NBER Working paper series, 2001 Joscow, P., Kahn E.: A quantitative analysis of pricing behavior in California’s wholesale electricity market during summer 2000. NBER Working paper series, 2001
7.
Zurück zum Zitat Parisio, L., Bosco, K.: Electricity prices and cross-border trade:volume and strategy effets. Energy Econ. 30, 1760–1775 (2008)CrossRef Parisio, L., Bosco, K.: Electricity prices and cross-border trade:volume and strategy effets. Energy Econ. 30, 1760–1775 (2008)CrossRef
8.
Zurück zum Zitat Pfeifenberger, J., Spees K., Schumarcher.: A comparison of PJM’s RPM with alternative energy and capacity market designs. The Brattle group working paper, 2009 Pfeifenberger, J., Spees K., Schumarcher.: A comparison of PJM’s RPM with alternative energy and capacity market designs. The Brattle group working paper, 2009
Metadaten
Titel
Profit Optimization of the Cross-Border Trade Between the Nordic and Russian Electricity Markets
verfasst von
Olga Gore
Satu Viljainen
Kalevi Kylaheiko
Ari Jantunen
Copyright-Jahr
2014
DOI
https://doi.org/10.1007/978-3-319-00795-3_25