Since 2014
The Impact of Implicit Electricity Market Coupling on the Slovenian-Austrian Border on the Efficiency of Cross-Border Transmission Capacity Allocation and Social Welfare in Slovenia
The Review of Regional Studies
View Archive Info| Field | Value | |
| Title |
The Impact of Implicit Electricity Market Coupling on the Slovenian-Austrian Border on the Efficiency of Cross-Border Transmission Capacity Allocation and Social Welfare in Slovenia
|
|
| Creator |
Predovnik, Anže; BSP Regional Energy Exchange LL C
Švigelj, Matej; University of Ljubljana, Faculty of Economics |
|
| Subject |
L94; L51; Q47
|
|
| Description |
On the Slovenian-Austrian border cross-zonal capacities (CZCs) are currently allocated at explicit auctions, although in the future to comply with the European Target Electricity Model one can expect implicit auctions within market coupling to be implemented. Via a simulation, this paper aims to study the impact of implicit electricity market coupling on the Slovenian-Austrian border on the efficiency of CZC allocation and social welfare in Slovenia. The simulation results show that the use of implicit auctions would increase the efficiency of CZC allocation, reduce the price of electricity and increase the volume of trading in the Slovenian electricity exchange market. Further, implicit market coupling on the Slovenian-Austrian border would increase social welfare in Slovenia. DOI: 10.15458/85451.47
|
|
| Publisher |
Economic and Business Review
|
|
| Contributor |
—
|
|
| Date |
2017-10-19
|
|
| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
|
| Format |
application/pdf
|
|
| Identifier |
http://ojs.ebrjournal.net/ojs/index.php/ebr/article/view/460
|
|
| Source |
Economic and Business Review; Vol 19, No 2 (2017); 131-154
2335-4216 1580-0466 |
|
| Language |
eng
|
|
| Relation |
http://ojs.ebrjournal.net/ojs/index.php/ebr/article/view/460/pdf_79
|
|
| Rights |
Copyright (c) 2018 Economic and Business Review
— |
|