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Title: Collateral effects of liberalisation process: metering, losses, load profiles and cost settlement in Spanish electricity system
Author: Batalla Bejerano, Joan Antoni
Costa, M. Teresa (Maria Teresa), 1951-
Trujillo-Baute, Elisa
Keywords: Política energètica
Consum d'energia
Política de preus
Energia elèctrica
Energy policy
Energy consumption
Prices policy
Electric power
Issue Date: Jul-2016
Publisher: Elsevier B.V.
Abstract: European energy markets have undergone a major transformation as they have advanced towards market liberalisation and it is vital that the details of these developments be carefully examined. The success of liberalisation is based on smart regulation, which has been capable of providing solutions to unforeseen events in the process. Our paper seeks to contribute to existing understanding of the unexpected and collateral effects of the liberalisation process in the power system by examining a natural experiment that occurred in Spain in 2009. In that year, the electricity supply by distribution system operators disappeared. This change in retail market competition, as we demonstrate in this paper, has had an unexpected effect in terms of the system's balancing requirements. We undertake a rigorous assessment of the economic consequences of this policy change for the whole system, in terms of its impact on final electricity prices.
Note: Versió postprint del document publicat a:
It is part of: Energy Policy, 2016, vol. 94, num. July, p. 421-431
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ISSN: 0301-4215
Appears in Collections:Articles publicats en revistes (Economia)

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