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1

Bojnec, Štefan, and Alan Križaj. "Electricity Markets during the Liberalization: The Case of a European Union Country." Energies 14, no. 14 (2021): 4317. http://dx.doi.org/10.3390/en14144317.

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This paper analyzes electricity markets in Slovenia during the specific period of market deregulation and price liberalization. The drivers of electricity prices and electricity consumption are investigated. The Slovenian electricity markets are analyzed in relation with the European Energy Exchange (EEX) market. Associations between electricity prices on the one hand, and primary energy prices, variation in air temperature, daily maximum electricity power, and cross-border grid prices on the other hand, are analyzed separately for industrial and household consumers. Monthly data are used in a
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Elbrus Muradsoy, Shukufa. "THE THIRD ENERGY PACKAGE AND LIBERALIZATION OF EUROPEAN ENERGY MARKET." SCIENTIFIC WORK 55, no. 06 (2020): 91–99. http://dx.doi.org/10.36719/aem/2007-2020/55/91-99.

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Giguashvili, Giuli, and Aleksandre Sadagashvili. "Prospects of electricity market liberalization in Georgia." REPORTER OF THE PRIAZOVSKYI STATE TECHNICAL UNIVERSITY Section: Economic sciences, no. 1(38) (May 25, 2023): 87–92. http://dx.doi.org/10.31498/2225-6725.1(38).2023.290269.

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In recent years, against the background of global risks, the covid-pandemic, and the unjust war between Russia and Ukraine, energy security problems have emerged. Like the rest of the world, in Georgia, the need to solve the issues related to energy supply, perfecting the relevant legislation, and liberalization of the electricity market is on the agenda. In accordance with the agreement on the association of Georgia with the European Union, a strategy for the Georgian electricity market's new model creation and implementation was planned. The article discusses the possibilities of liberalizat
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Staňková, Kateřina, Geert Jan Olsder, and Bart De Schutter. "On European Electricity Market Liberalization: A Game-Theoretic Approach." INFOR: Information Systems and Operational Research 48, no. 4 (2010): 267–80. http://dx.doi.org/10.3138/infor.48.4.267.

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Chevalier, Jean-Marie. "The French experience in the European process of liberalization of energy markets." ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, no. 1 (July 2010): 5–12. http://dx.doi.org/10.3280/efe2010-001001.

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The liberalization of electricity and gas markets clashes against the French economic culture that relies on the state and public monopolies to supply many public services. This explains the resistance against the market opening imposed by EU directives. Nevertheless, the liberalization has had the beneficial effect of shaking the rents, the institutional organization and has called into question the traditional concept of "service public". Looking ahead, however, the liberalization is likely to increase the complexity of technical, institutional, financial and organizational solutions of the
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Şanta, Ana-Maria Iulia. "The common energy market of the European Union – utopia or reality?" Proceedings of the International Conference on Business Excellence 11, no. 1 (2017): 93–102. http://dx.doi.org/10.1515/picbe-2017-0010.

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Abstract The European Commission has the initiative to foster the sector of renewable energy and to build an Energy Union, with a common energy market at the level of the European Union, but is this only an utopic vision or is this possible to achieve? The topic of clean energy is very new and of great interest for the European Union, which is shown by the fact that the European Commission recently adopted on the 30th November 2016 the package “Clean Energy for All Europeans”, which contains proposals for the modernization of the energy market at the level of the European Union. But which are
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Şanta, Ana-Maria Iulia. "The Common Energy Market of the European Union–Challenges and Perspectives." Management & Marketing 12, no. 2 (2017): 334–45. http://dx.doi.org/10.1515/mmcks-2017-0020.

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Abstract The European Commission has the initiative to foster the sector of renewable energy and to build an Energy Union, with a common energy market at the level of the European Union, but is this only a utopic vision or is this possible to achieve? The topic of clean energy is very new and of great interest for the European Union, which is shown by the fact that the European Commission recently adopted on the 30th November 2016 the package “Clean Energy for All Europeans”, which contains proposals for the modernization of the energy market at the level of the European Union. But which are t
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Manoussakis, Savas. "Liberalization of the EU Electricity Market: Enough to Power Real Progress? Analysis of Ownership Unbundling and the Project for Liberalization of the European Union Electricity Market." World Competition 32, Issue 2 (2009): 227–47. http://dx.doi.org/10.54648/woco2009022.

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The recent initiative of the European Commission regarding the unbundling of the vertically integrated electricity sector throughout Europe, together with the controversy and resistance surrounding it, make the issue of ownership unbundling of particular interest. This article discusses the prior attempts to liberalize electricity markets in California and the United Kingdom and the effects of ownership unbundling on consumer welfare, environmental protection, and energy security. Drawing from both the failure of liberalization in California and the relative success in the United Kingdom, this
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Перевозова, І. В., О. С. Морозова та Т.П. Кулик. "ОСОБЛИВОСТІ ФУНКЦІОНУВАННЯ ЕНЕРГЕТИЧНИХ БІРЖ КРАЇН ЄВРОПИ". Наукові записки Львівського університету бізнесу та права. Серія економічна. Серія юридична, № 30 (30 вересня 2021): 261–67. https://doi.org/10.5281/zenodo.7057311.

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Trade in energy resources is a pillar of sustainable development and economic prosperity. One of the top places in the structure of energy markets is occupied by the trade in electronic energy. Electricity provides humanity with light and heat, one of the leading consumer goods and an element of any industrial activity. It can be bought or sold on deregulated electricity markets and traded like any other commodity. On the other hand, historically, the electricity and gas industries worldwide have typically been government regulated and often operate as natural monopolies. Technological progres
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Nowak, Bartlomiej. "Shortcomings of the Energy Market Liberalization in the European Union." European Public Law 18, Issue 4 (2012): 701–14. http://dx.doi.org/10.54648/euro2012041.

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The nature and number of infringement procedures started by the European Commission across the European Union clearly reveals the insufficiencies of the EU energy legal framework laid down so far by the EU secondary law. So, too, does the disappointing pace at which the European electricity and gas markets have been opened to competition and harmonized across national borders. What are the main obstacles to healthy competition in both gas and electricity markets? They include highly concentrated markets, the protectionist policies of domestic government's, different import dependences, the ver
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Mozgovaya, Oksana, Svetlana Turbina, and Vasily Kuznetsov. "Development of Competition Assessment Methodology for Retail Electricity Market in Russia." Moscow University Economics Bulletin 2019, no. 2 (2019): 83–98. http://dx.doi.org/10.38050/01300105201925.

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The article examines the competition assessment methodology for retail electricity markets, practiced by antimonopoly regulation agency in Russia. On the side it reviews the system of ranking competition assessment used by regulatory authorities in the European countries with electricity markets successful liberalization and competitive environment. The appropriate recommendations are developed to enhance the competition assessment methodology for retail electricity markets in Russia.
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Siksnelyte, Indre, and Edmundas Kazimieras Zavadskas. "Achievements of the European Union Countries in Seeking a Sustainable Electricity Sector." Energies 12, no. 12 (2019): 2254. http://dx.doi.org/10.3390/en12122254.

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The electricity production sector has a significant share of final energy consumption and has a huge potential to use more renewable energy sources. Over the last two decades, the European Union (EU) reform of electricity markets has had positive results, and market liberalization acts as a stimulus for energy efficiency, lower prices, and technological progress. Today’s EU policy for the development of electricity and the entire energy sector seeks to provide system modernization, stability, reinforcement of the single market, and implementation of climate change policy with an emphasis on th
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Halkos, George E., and Apostolos S. Tsirivis. "Electricity Prices in the European Union Region: The Role of Renewable Energy Sources, Key Economic Factors and Market Liberalization." Energies 16, no. 6 (2023): 2540. http://dx.doi.org/10.3390/en16062540.

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Electricity is by far the most valuable energy commodity for households; hence, it is of the utmost importance for national regulatory authorities and the European Commission (EC) to guarantee affordable and unimpeded access for European citizens to this vital social good. The existing academic literature mainly focuses on the effect of specific renewable energy resources (RES), such as solar, wind, etc., on electricity prices, thus neglecting the crucial impact of the electricity market structure. In an effort to fill this gap, the present paper attempts to clarify whether the real effect of
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Vlahinić Lenz, Nela, and Vedran Prša. "Electricity Sector Reforms in Bosnia and Herzegovina: Results and Policy Implications." INTERNATIONAL JOURNAL OF MANAGEMENT SCIENCE AND BUSINESS ADMINISTRATION 3, no. 4 (2017): 46–57. http://dx.doi.org/10.18775/ijmsba.1849-5664-5419.2014.34.1006.

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Analysis shows that electricity sector reforms in Bosnia and Herzegovina have not been implemented as they should according to the Third Energy Package and obligations deriving from the Energy Community membership. Despite the sanctions and infringement procedures for non-transposition of the Third Energy Package that has been adopted against Bosnia and Herzegovina, its legal and regulatory framework for the electricity market is still non-compliant with the Energy Community acquis. Legal framework harmonization with the Acquis communaitaire is completely missing on the state level in Bosnia a
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Pereira, Amaro Olimpio, Rafael Cancella Morais, Bruno S. L. Cunha, Maria Bernadete Gomes Pereira Sarmiento Gutierrez, and Mario Jorge Cardoso de Mendonça. "Allocative Efficiency towards Energy Transition: The Cases of Natural Gas and Electricity Markets." Energies 16, no. 2 (2023): 796. http://dx.doi.org/10.3390/en16020796.

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Conventional economic theory indicates that the free market contributes to allocative efficiency. However, specific energy markets present network industry characteristics which distance them from perfect competition. These markets, therefore, need effective regulation. The liberalizing reforms which took place in the Organization for Economic Cooperation and Development (OECD) and emerging countries from the 1990s onwards have reduced the share of state ownership in the energy sector, but not its functions of regulation, coordination and planning. It is also worth noting the expansion of the
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Wolff, Georg, and Stefan Feuerriegel. "Short-term dynamics of day-ahead and intraday electricity prices." International Journal of Energy Sector Management 11, no. 4 (2017): 557–73. http://dx.doi.org/10.1108/ijesm-05-2016-0009.

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Purpose Since the liberalization of electricity markets in the European Union, prices are subject to market dynamics. Hence, understanding the short-term drivers of electricity prices is of major interest to electricity companies and policymakers. Accordingly, this paper aims to study movements of prices in the combined German and Austrian electricity market. Design/methodology/approach This paper estimates an autoregressive model with exogenous variables (ARX) in a two-step procedure. In the first step, both time series, which inherently feature seasonality, are de-seasonalized, and in the se
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Перевозова, І. В., Н. А. Даляк, О. С. Морозова, Л. Д. Лозінська та Т. П. Кулик. "РЕСТРУКТУРИЗАЦІЯ І ПРОЗОРІСТЬ СВІТОВОГО ЕНЕРГЕТИЧНОГО РИНКУ". Наукові записки Львівського університету бізнесу та права. Серія економічна. Серія юридична, № 33 (30 червня 2022): 120–32. https://doi.org/10.5281/zenodo.7092793.

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The intensification of the processes of deregulation and ensuring the transparency of energy markets in economically developed countries has been observed during the last twenty years. However, it should be noted the heterogeneity of the implemented transformations and the ambiguity of the results obtained. This is due to national differences in the structure of the economies of different countries, the level of socio-economic development and readiness of the population and market players for changes, features of state economic policy and technological readiness for reforms of national energy
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Dr., Maia Melikidze, and Nanikashvili Mariam. "Energy Market Liberalization Opportunities for Consumers." International Journal of Innovative Science and Research Technology 7, no. 8 (2022): 463–68. https://doi.org/10.5281/zenodo.7028690.

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Energy market liberalization envisages opening of the electricity market for free competition. In a competitive environment consumers have more control over what they consume and what they pay for. Initially, it is planned to open the day ahead market in Georgia for the current year, therefore the aim of the research is to assess and determine the possibilities of liberalization of the energy market in Georgia among consumers. The study of people's awareness of the existing topic is an important stage, consequently, in the part of quantitative research, a research selected for the public i
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Sadowska, Malgorzata. "Energy Liberalization in Antitrust Straitjacket: A Plant Too Far?" World Competition 34, Issue 3 (2011): 449–76. http://dx.doi.org/10.54648/woco2011037.

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The European Commission (EC) has launched a number of antitrust investigations against the major energy incumbents in the aftermath of the energy sector inquiry. Most of them have already been settled under Article 9 of the EC Regulation 1/2003 and the undertakings offered far-reaching, sometimes structural, commitments. This article studies the 2008 investigation into price manipulation in the German electricity wholesale market. In spite of no convincing evidence and flaws in the assessment, the Commission was able to negotiate from E.ON substantial capacity divestments. The Commission is st
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Kaushal, Abhimanyu, and Dirk Van Hertem. "An overview of Ancillary Services and HVDC systems in European Context." Energies 12, no. 18 (2019): 3481. http://dx.doi.org/10.3390/en12183481.

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Liberalization of electricity markets has brought focus on the optimal use of generation and transmission infrastructure. In such a scenario, where the power transmission systems are being operated closer to their critical limits, Ancillary Services (AS) play an important role in ensuring secure and cost-effective operation of power systems. Emerging converter-based HVDC technologies and integration of renewable energy sources (RES) have changed the power system dynamics which are based on classical power plant operation and synchronous generator dynamics. Transmission system interconnections
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de Hauteclocque, Adrien. "Legal Uncertainty and Competition Policy in European Deregulated Electricity Markets: the Case of Long–term Exclusive Supply Contracts." World Competition 32, Issue 1 (2009): 91–112. http://dx.doi.org/10.54648/woco2009006.

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The case of long–term exclusive supply contracts in the EU electricity markets is a highly topical example of the difficulties faced by competition authorities with the deregulation of energy markets. The ambiguous effects of these contracts on foreclosure, investment and consumer welfare in the long term made them logically become a priority for antitrust enforcement. However, due to the lack of precedents and the on–going modernization of EC competition law, the legal uncertainty currently perceived in the market place is strong. By analyzing the recent decisions of community and national co
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Lont, Paweł. "Differences in End-Customer Power Prices Across the EU – Reasons and Challenges for the Future." Studia Humana 10, no. 3 (2021): 1–9. http://dx.doi.org/10.2478/sh-2021-0013.

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Abstract Many years have passed since the first liberalization processes in the electricity sectors the in European Union that were performed in order to establish a single market for electricity. In practice, convergence between neighbouring market areas was established mainly between the Member States in Central-Western Europe, while other countries have allowed for only limited levels of competition. As a consequence, many market areas remain illiquid and consumers pay relatively higher prices for the energy they consume. The final bill is further increased through financing the increasingl
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Halkos, George E., and Apostolos S. Tsirivis. "Sustainable Development of the European Electricity Sector: Investigating the Impact of Electricity Price, Market Liberalization and Energy Taxation on RES Deployment." Energies 16, no. 14 (2023): 5567. http://dx.doi.org/10.3390/en16145567.

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Replacing conventional CO2 intensive generation with green electricity from RES constitutes an essential prerequisite of sustainable development. Renewables play a vital role in achieving the UN’s goals for clean low-cost energy production and the reverse of climate change process. Based on a comprehensive dataset including observations for 17 European countries between 2003 and 2020, the present research attempts to unveil the fundamental determinants of RES deployment. A panel FMOLS approach was utilized to provide a detailed analysis of the impact of electricity prices, energy taxes and com
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NOVOSAD, Oksana, Nelia CHORNA, and Roman ROMANIUK. "DIRECTIONS OF REALIZATION OF THE ORGANIZATIONAL AND ECONOMIC MECHANISM OF FORMATION OF THE ENERGY SECURITY SYSTEM OF UKRAINE: THE ELECTRIC POWER ASPECT." MODELING THE DEVELOPMENT OF THE ECONOMIC SYSTEMS, no. 3 (September 12, 2023): 59–65. http://dx.doi.org/10.31891/mdes/2023-9-8.

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The process of reforming the electricity market has been underway for a long time. The European market liberalization guidelines encourage changes in Ukraine. However, internal contradictions of the domestic market slow down these changes. The basis for these changes is the Law of Ukraine, "On the Electricity Market," adopted in 2017, which lays the foundation for deep reform. This is manifested in the following: all enterprises (producers and suppliers) in the electricity market must operate on separate, self-organized principles; openness and transparency, and free access to the use of netwo
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Nylander, Johan. "THE CONSTRUCTION OF A MARKET - A frame analysis of the liberalization of the electricity market in the European Union." European Societies 3, no. 3 (2001): 289–314. http://dx.doi.org/10.1080/14616690120079341.

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Drabik, Ewa. "An Experimental Analysis of Price Formation on the Polish Power Exchange." Folia Oeconomica Stetinensia 15, no. 2 (2015): 115–27. http://dx.doi.org/10.1515/foli-2015-0039.

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Abstract The Polish energy market gained its competitive character in late 1990s. At that time in majority of European countries a new law was enacted (in Poland – in 1987), which enabled the creation of internal energy markets. The Polish Power Exchange has been functioning since the end of 1999. However, from the very onset it has constituted a vital component of under grounding liberalization of electricity market. Since it was created the Polish Power Exchange has served as a market mechanism for setting objective energy market price. Support and control of the Polish Financial Supervision
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BORTNIK, Svitlana, Anna MOKHNIUK, and Roman CHORNYI. "INSTITUTIONAL FRAMEWORK FOR REFORMING REGIONAL ELECTRICITY MARKETS TO STIMULATE AN INCREASE IN ENERGY GENERATION USING RENEWABLE ENERGY SOURCES: STRATEGY, MECHANISMS, RISKS." MODELING THE DEVELOPMENT OF THE ECONOMIC SYSTEMS, no. 1 (March 5, 2025): 204–10. https://doi.org/10.31891/mdes/2025-15-27.

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Competitiveness in the electricity generated from renewable sources is based on consumers' free choice of suppliers and the absence of administrative and economic barriers to entry into the energy supply and sales market. The modern European model of the renewable (alternative) electricity market, characterized by integration and globalization, poses new challenges and potential threats to business entities in this sector, especially newly established enterprises. This concerns ensuring transparency and objectivity of the conditions for access to consumption and operation of energy networks, a
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Bluszcz, Anna, and Anna Manowska. "The Use of Hierarchical Agglomeration Methods in Assessing the Polish Energy Market." Energies 14, no. 13 (2021): 3958. http://dx.doi.org/10.3390/en14133958.

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Energy markets play an important role in achieving sustainable development goals. The sector of energy has a huge impact on the environment, hence changes in it are the highest priority in the European Union. The process of shaping and developing the internal energy market plays an important role in improving the security of supply of energy resources for the entire union. It requires a number of political negotiations, strategic decisions regarding energy liberalization, in particular, the electricity and gas sectors, as well as the adoption of sectoral legislation. The aim of the conducted r
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Hussain, Muhammad Sadam, Kangwook Cho, and Soo-jin Park. "Resource Adequacy and Integration of Renewables in Light of US, EU, and Pakistan’s Evolving Power Sector." Energies 17, no. 20 (2024): 5051. http://dx.doi.org/10.3390/en17205051.

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This study investigates resource adequacy and renewable energy integration in the United States, European Union, and Pakistan amid global energy market liberalization and greenhouse gas reduction efforts. It explores how these regions are adapting to the surge in renewable sources like wind and solar, which, despite their financial and environmental benefits, challenge resource adequacy and the economic viability of traditional energy sources. In the US and EU, significant improvements have been introduced in wholesale electricity markets and capacity accreditation mechanisms, which enhanced t
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Goto, Mika, and Toshiyuki Sueyoshi. "Electric power market reform in Japan after Fukushima Daiichi nuclear plant disaster." International Journal of Energy Sector Management 9, no. 3 (2015): 336–60. http://dx.doi.org/10.1108/ijesm-05-2014-0009.

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Purpose The purpose of this study is to review the current status and related issues on the market reform of Japanese electric power industry after Fukushima Daiichi nuclear plant disaster. We also discuss the future policy direction for the market reform. Design/methodology/approach This research compares the reform process of Japanese electric power industry with that of European Union (EU) nations. Then, this study discusses policy issues on the Japanese market reform based upon our comparative analysis. Findings Japan may learn many things from the market liberalization process and institu
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Djoric, Marija, та Strahinja Obrenovic. "EVOLUTION OF EU ENERGY LAW AND POLICY: А BIG COMEBACK OF ENERGY SECURITY IN 2022?" Politika nacionalne bezbednosti 23, № 2/2022 (2022): 67–86. http://dx.doi.org/10.22182/pnb.2322022.4.

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The armed conflict in Ukraine in 2022 and subsequent worsening of relations between Western countries, including the EU and its Member States, and the Russian Federation, have deeply shaken the existing EU energy law and policy foundations. During the past decades, the EU attempted to develop a comprehensive energy policy based on three pillars – competitiveness and internal market principles, security of supply, sustainability and environmental protection. Starting in the 1990s, liberalization efforts dominated the electricity and natural gas markets. It did not take long for energy security
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Encinar Arroyo, Nuria. "The Climate Emergency: Putting Consumers at the Heart of the European Green Deal Following Russia's War on Ukraine." Global Energy Law and Sustainability 4, no. 1-2 (2023): 51–71. http://dx.doi.org/10.3366/gels.2023.0093.

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On 24 February 2022, Russia launched a military invasion on Ukraine that created a humanitarian catastrophe by destroying lives, homes and infrastructure. The illegal invasion has had significant consequences: electricity prices have soared and wholesale gas prices have more than doubled, sparking a global energy crisis. Another consequence has been global food prices rising to the highest levels ever recorded. On the other hand, consumers have to be at the core of the EU’s energy policy. For this to happen, a wide range of initiatives have to be implemented to make consumers an active part of
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Dimitrova, Anna. "ON THE LIMITS TO THE INDEPENDENCE OF THE NATIONAL ENERGY REGULATOR." Economic Thought journal 67, no. 2 (2022): 205–20. http://dx.doi.org/10.56497/etj2267204.

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The article analyses the risks to the independence of regulators as a fundamental element in the liberalization of energy markets in the European Union in the light of the capture theory. Issues related to the normative aspects and current case law determining the parameters and guarantees for the independence of the regulatory authorities are studied. These are examined in the context of the current electricity price crisis and the national measures taken to address these challenges in relation to the regulated segment. Recommendations are formulated to align with good practice and with the c
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Lipowska, Ilona, Marcin Lipowski, Dariusz Dudek, and Radosław Mącik. "Switching Behavior in the Polish Energy Market—The Importance of Resistance to Change." Energies 17, no. 2 (2024): 306. http://dx.doi.org/10.3390/en17020306.

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(1) Background: Consumer switching behavior was one of the expected outcomes of the ongoing competitive reform in the European electricity industry. The aim of this study is to analyze the factors that affect the intention of consumers to switch from their incumbent supplier, who has a strong market position. This article follows the trend of describing and analyzing the situation of incumbent energy suppliers after energy market liberalization. (2) Methods: The research goal was to verify seven research hypotheses regarding switching intentions on the Polish energy market. For this purpose, s
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Müller, Ralf, Martin Steinert, and Stephanie Teufel. "Successful diversification strategies of electricity companies: An explorative empirical study on the success of different diversification strategies of German electricity companies in the wake of the European market liberalization." Energy Policy 36, no. 1 (2008): 398–412. http://dx.doi.org/10.1016/j.enpol.2007.09.025.

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Rexhepi, Burhan Reshat, Ilir Musli Murtezaj, Bardhyl Dauti, and Besa Seadin Xhaferi. "Energy Efficiency in the Western Balkans: The Case of Kosovo." Grassroots Journal of Natural Resources 8, no. 1 (2025): 583–605. https://doi.org/10.33002/nr2581.6853.080124.

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In light of the growing energy demands and the need for sustainable development, this study aims to assess the current state of Kosovo's energy system and evaluate potential pathways for its modernization and integration into the European energy market. The case study analysis was carried out to contextualize the emergence and development of the Western Balkans’ energy system and suggest strategies for its improvement, with a special focus on the Republic of Kosovo. The case study analysis was guided by industry reports and peer-reviewed journal articles published since 2020 and selected based
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Drabik, Ewa. "Wykorzystanie reguł aukcyjnych do handlu energią w Polsce." Przegląd Statystyczny. Statistical Review 2010, no. 4 (2010): 70–87. http://dx.doi.org/10.59139/ps.2010.04.6.

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The Polish energy market gained its competitive character in late 1990s. At that time in majority of European countries a new law was enacted (in Poland – in 1987), which enabled the creation of internal energy markets. The Polish Power Exchange has been functioning since the end of 1999. However, from the very onset it has constituted a vital component of under grounding liberalization of electricity market. Since it was created the Polish Power Exchange has served as a market mechanism for setting objective energy market price. Support and control of the Polish Financial Supervision Authorit
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Ferrari, Giuseppe Franco. "La complessitŕ dei mercati energetici e la necessitŕ di una regolazione multilivello." ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, no. 3 (July 2009): 121–52. http://dx.doi.org/10.3280/efe2008-003006.

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- The energy markets are very complex, because, on the one hand, they imply several different activities and, on the other hand, they involve various levels of govern- 183 ment. The energy market is divided indeed in different segments: supply (generation or purchasing), transmission, distribution and sale, which are allocated at different levels of government, from the international and European level (with reference to the security of energy supply), to the local level (with specific regard to the distribution and sale). This complexity makes the energy sector particularly critical, under th
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Pasicko, Robert, Slavica Robic, and Zeljko Tomsic. "Modelling CO2 emissions impacts on Croatian power system." Thermal Science 14, no. 3 (2010): 655–69. http://dx.doi.org/10.2298/tsci1003655p.

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Today?s electrical energy landscape is characterized by new challenges such as deregulation, liberalization of energy markets, increased competition, growing demands on security of supply, price insecurities, and demand to cut CO2 emissions. All mentioned challenges are calling for consideration of various options (like nuclear, coal, gas or renewable scenarios) and for better understanding of energy systems modelling in order to optimize proper energy mix. Existing models are not sufficient any more and planners will need to think differently in order to face these challenges. European emissi
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Fuchs, Gerhard. "The Governance of Innovations in the Energy Sector." Science & Technology Studies 27, no. 1 (2014): 34–53. http://dx.doi.org/10.23987/sts.55333.

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The field of electricity supply has slowly evolved over a long period of time. Electricity supply constitutes an example of a large technical system resistant to sudden changes or reorientations. The essential incentives for changes have come from the so called oil-price shocks in the mid ninety-seventies of the last century, the Chernobyl accident and the resulting critical attitude towards nuclear energy in many countries, the liberalization of markets driven forward by the European Commission, discussions about climate change and finally the Fukushima catastrophe. Such external events can l
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Ali, Hassan, Han Phoumin, Beni Suryadi, Aitazaz A. Farooque, and Raziq Yaqub. "Assessing ASEAN’s Liberalized Electricity Markets: The Case of Singapore and the Philippines." Sustainability 14, no. 18 (2022): 11307. http://dx.doi.org/10.3390/su141811307.

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The efforts towards the liberalization of electricity markets have sped up recently in some countries within the Association of Southeast Asian Nations (ASEAN) region. This step of opening up the electricity markets is aimed at establishing competitive and efficient electricity markets that not only reduce electricity prices, but also support a sustainable future by reducing carbon dioxide (CO2) emissions from electricity generation and promoting the wider adoption of renewable energy (RE)-based electricity generation. This paper assesses the effects of the electricity market liberalization pr
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Ivan Tominov. "LIBERALIZATION OF THE ELECTRICITY MARKET ‒ IS IT MEETING EXPECTATIONS?" Journal of Energy - Energija 57, no. 3 (2022): 256–99. http://dx.doi.org/10.37798/2008573324.

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The fundamental declarative goal of the reform of the electrical power industry, i.e. the liberalization of the electricity market, has been and remains to raise the efficiency of the electrical power sector, primarily for the purpose of increasing the competitiveness of the economy. The following had been expected from the liberalization of the electricity market: reduction in the price of electricity, improvement in the level of service, reduction in the differences in prices among countries, the option for each customer to choose a supplier, and an increase in the efficiency of the sector b
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Zogolli, Helga. "The Process of Liberalization of Electricity Market in Albania." European Journal of Economics and Business Studies 2, no. 1 (2015): 50. http://dx.doi.org/10.26417/ejes.v2i1.p50-58.

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The motivation for electricity liberalization differs slightly between countries; however most of the countries share common ideological and political reasons regarding disaffection with the vertically integrated monopoly model of the past and a strong belief that the success of liberalization in other industries can be repeated for the electricity industry. The introduction of competition in the electricity industry has been justified by the perceived benefits of introducing market forces in an industry previously viewed as a natural monopoly with substantial vertical economies. Therefore the
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Yan, Ning, Shenhai Huang, Yan Chen, et al. "Co-Benefits of Carbon Pricing and Electricity Market Liberalization: A CGE Case Study." Sustainability 17, no. 13 (2025): 5992. https://doi.org/10.3390/su17135992.

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This study explores how carbon pricing and electricity market liberalization jointly contribute to China’s sustainable energy transition. Using a dynamic computable general equilibrium (CGE) model (CEEEA2.0), we simulate three policy scenarios—business as usual, emissions trading scheme (ETS) with regulated electricity prices, and ETS with market-based pricing—under a unified emissions cap. The results demonstrate that electricity market liberalization enhances carbon pricing efficiency by eliminating price distortions, leading to a 0.06% increase in GDP and a 12% reduction in emission abateme
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Luo, Xi, Xiaodan Zhuang, Wen Zhao, Jie He, and Letian He. "Research on the transaction mechanism of electricity retail market that satisfies the full liberalization of industrial and commercial users." Highlights in Business, Economics and Management 22 (December 27, 2023): 434–44. http://dx.doi.org/10.54097/wm8zbk23.

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This paper proposes an electricity retail market transaction mechanism that satisfies the full liberalization of industrial and commercial users in the future environment of full liberalization of industrial and commercial users. The method and path of the whole process construction of the electricity retail market trading mechanism are analyzed. Aiming at the situation that a large number of industrial and commercial users all enter the electricity retail market, the electricity retail package system mechanism, diversified development and effective management and control paths have been const
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Zoboli, Laura. "The Behaviour of Dominant Firms and the Principle of Equal Opportunities: Lessons From the SEN Antitrust Saga Case Comment to the Servizio Elettrico Nazionale Judgment of the Court of Justice of 12 May 2022, Case C-377/20." YEARBOOK OF ANTITRUST AND REGULATORY STUDIES 16, no. 28 (1994): 153–71. http://dx.doi.org/10.7172/1689-9024.yars.2023.16.28.8.

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This commentary concerns the Servizio Elettrico Nazionale (SEN) case that stems from the conduct of an incumbent operator – Enel S.p.A. – called upon to confront the liberalization process of the Italian electricity market. In particular, the former legal monopolist allegedly worked to consolidate its dominant position in the electricity production market, by denying its rivals access to a resource that would have been non-replicable and of strategic importance to compete in the liberalized electricity distribution market. This ruling is of fundamental importance as the Court of Justice discus
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Yakui Zhu, Shasha Zhao,. "Liberalization of Electricity Sales Side for Electricity Market-Oriented Transaction Mode." Journal of Electrical Systems 20, no. 4s (2024): 140–52. http://dx.doi.org/10.52783/jes.1903.

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The market-oriented reform of the energy sales side is currently having a considerable impact, and in the economically developed regions, the electricity sales industry has evolved a competitive trend. Power grid corporations now compete in the market rather than serving as the traditional dominant force in electricity sales. After a new round of electrical reform, a key concern for the growth of firms is how to better integrate into the reform and increase their core competitiveness. The dangers associated with power market-oriented trading are examined in this study, and three risk mitigatio
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Verdejo-Fredes, Humberto, Fernando García-Muñoz, Francisco Tobar, et al. "Retail Electricity Market Liberalization: An Overview of International Experience and Effects on the Chilean Regulated Tariff." Sustainability 14, no. 21 (2022): 13996. http://dx.doi.org/10.3390/su142113996.

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The Chilean government is looking to liberalize the retail electricity market to increase competitiveness and reduce the price of electricity for residential and small/medium commercial customers. Under this context, the article aims to enrich the legislative debate by providing an overview of the international experience of the electricity market liberalization that started in the early 1990s and presents forecasting for the regulated Chilean price until 2034, considering the current tenders and the price stabilization mechanism. In addition, multiple simulations are developed to measure the
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Bahçe, Serdal, and Erol Taymaz. "The impact of electricity market liberalization in Turkey." Energy Economics 30, no. 4 (2008): 1603–24. http://dx.doi.org/10.1016/j.eneco.2007.03.003.

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Michail, Costas. "The Advent of Electricity Liberalization in Cyprus. Critical Analysis of the Current State and Charting a Path to Liberalization." European Energy and Environmental Law Review 31, Issue 2 (2022): 116–22. http://dx.doi.org/10.54648/eelr2022007.

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Cyprus is an island situated in the Easter Mediterranean and member of the European Union. Cyprus maintains an effective monopoly in electrifying the island chiefly by entrusting the electrification to the Cyprus Electricity Authority, a semi-governmental organization. The Electricity Authority aggregates all key functions for generating and ultimately matching the load. The electricity is mainly produced by burning petrol, mazut, at the power plants. Cyprus has recently passed Laws to enable liberalization of its electric industry. In the body of this research paper, we will unveil the curren
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