کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
995619 1481307 2012 10 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Interconnections and market integration in the Irish Single Electricity Market
موضوعات مرتبط
مهندسی و علوم پایه مهندسی انرژی مهندسی انرژی و فناوری های برق
پیش نمایش صفحه اول مقاله
Interconnections and market integration in the Irish Single Electricity Market
چکیده انگلیسی

Interconnections can be an effective way to increase competition and improve market integration in concentrated wholesale electricity markets with limited number of participants. This paper examines the potential for interconnections and increasing market integration in the Irish Single Electricity Market (SEM). We use a time-varying Kalman filter technique to assess the degree of market integration between SEM and other large, mature and interconnected wholesale electricity markets in Europe including Great Britain (GB). The results indicate no market integration between SEM and other European markets except for Elspot and GB. We show that the current state of market integration between SEM and GB is just 17% indicating potential to improve market integration via increased interconnector capacity. The results indicate that liquidity of wholesale markets might be a crucial factor in the market integration process while our results remain inconclusive in determining whether increased trade of renewables can improve market integration.


► We assess the degree of market integration between SEM and other EU electricity markets.
► Our results indicate no market integration between SEM and other European markets except for Elspot and GB.
► We show that the current state of market integration between SEM and GB is just 17%.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Energy Policy - Volume 51, December 2012, Pages 425–434
نویسندگان
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