It has been almost 40 years since Chile reformed its electricity sector. In 1982, the Electricity Act created an energy market for generators and large customers to negotiate supply contracts. It also established a centralized dispatch of power plants in ascending order of generation cost,...

The linking of different jurisdictions or markets via electrical interconnection is a long established means of offering enhanced security of supply to the wider electrical system. In recent years, new incentives around exploiting market price differentials and facilitating the growth of...

Market policies play a crucial role in facilitating the transition to a low-carbon society by restructuring the electricity market and influencing stakeholder behavior. Policymakers are concerned with how to implement these policies in terms of their intensity, combination, and timing. However,...

As a key component of the balancing market, balance settlement links the physical layer of electricity balance with financial fund equilibrium. Imbalance funds pertain to costs that emerge from the balancing settlement process and, lacking a clearly defined responsible entity, require...

Electricity supply is one of the critical issues in the energy field. Due to the high shares of greenhouse gases emissions, the electricity sector is experiencing a transition towards a progressively wider use of low-carbon technologies. At the same time, electrification of end-use sectors is...

The low gas filling levels in underground gas storages (UGSs) in the European Union (EU), and the subsequent price volatility and geopolitical tensions between Russia and the EU triggered the adoption of counterbalancing policy strategies in the EU. A specific measure was the mandatory refilling...

Over the last 20 years, Russia has taken several initiatives in order to become an LNG producer of global relevance. Failing to achieve this status for long while being instead a natural gas producer and exporter, Moscow has undertaken an ambitious reform process of the domestic gas system....

The study aims to assess the alternatives to the diversification of energy carriers in the ASEAN member countries in the context of minimizing the risks associated with the creation of an energy portfolio. The indicator of the diversification of the energy carriers of the country based on the...

Due to the continuous growth of China's electricity demand, the efficiency of electricity consumption has drawn great attention. Based on 31 provincial panel data in China from 2004 to 2018, this study uses the spatial autocorrelation test and spatial econometric methods to quantitatively...