Rôle Des Bourses D'électricité Pour la Création D'un Marché Commun Européen de L'électricité

Download or read book Rôle Des Bourses D'électricité Pour la Création D'un Marché Commun Européen de L'électricité written by François Boisseleau and published by IOS Press. This book was released on 2004-01-01 with total page 405 pages. Available in PDF, EPUB and Kindle. Book excerpt: The electricity sector worldwide is undergoing a fundamental transformation of its institutional structure as a consequence of the complex interactions of political, economic and technological forces. The way the industry is organized is changing from vertically integrated monopolies to unbundled structures that favor market mechanisms. This process in Europe, known as the liberalization process, has had a wide impact on the European electricity industry. The focus of this dissertation is an analysis of the role of electricity power exchanges in the recently liberalized electricity markets of Europe. In the context of creating "a" competitive electricity market at a European level, the key questions considered are the functioning of these power exchanges with respect to electricity characteristics, market design and regulatory framework.