opening of the electricity markets. Contracts were seen to foreclose the market hence the Commission comprehensively unwound … pre‐existing long‐term contracts and formulated strict criteria for new long‐term contracts. As a result, market … reflected in policy discussions. For example, most analysis of capacity mechanisms contrast the energy only spot market (day …

resources such as electricity and gas that are not captured by market prices. Washington State possesses diverse resources that …

specifications. It is against this backdrop that we have to consider the way in which the electricity and gas markets in Europe …Network industries in Europe are subject to an underlying trend towards deregulation. This deregulation, which is …

With increasing variability of demand and supply, transmission system operators (TSOs) across Europe adapt their … internal processes and operational approaches. These processes comprise different interfaces with other market participants (e ….g. via balancing markets, reserve procurement or NTC calculation). However, currently internal TSO approaches and market …

Decarbonization goals of the European Commission foresee different future scenarios for the European power market of … secure operation, re‐investment, and closure choices. To this end the participants of the Future Power Market Platform … reviewed the empirical situation with mid-term contracts, identified incentives to contract and discussed possible commercial …

flexible trading arrangements. For the electricity markets, options to advance intraday and balancing market design are …Gas‐fired power plants constitute a direct and important link between the gas and the electricity sectors and thus … between the Target Models for electricity and gas. As the need for a flexible operation of gas-fired power plants will …

Current EU short-term market designs for electricity face several challenges in (i) securing efficient system operation … gradual reform of market design and to guarantee secure operation of (cross-border) flexible resources, firm nominations for …

introduced a functional mechanism for supporting their development based on a system of mandatory quotas for electricity … and hydro, the fewest in solar and biomass. Market liberalization may create more competition and stimulate the …

Since the late 90s,, European industries of electricity and gas have been subject to a process of concentration at both … be limited to the traditional concentration indicators and increase of market power. The analysis should also consider … the properties of the energy industry with new market structures in terms of dynamic efficiency (the ability to ensure …

This paper assesses Brazil’s regulatory framework and agencies for several network industries (electricity, oil and gas … end, recent initiatives include a new regulatory model for the electricity sector, and new draft legislation on the role … industries, particularly in electricity, is well thought out but the risk of regulatory failure should not be underestimated …