FORMATION OF A TARGET MODEL OF THE RETAIL POWER MARKET
This article reviews various paths of possible development of wholesale and retail electric power markets. The authors analyse the electric power market target model whose implementa-tion is to start from 2012. Also an alternative model is described, whose purpose is to facilitate creation of a heal...
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Real Economics Publishing House
2014
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oai:doaj.org-article:319875e1dbde42b291a0cedcf3673edf2021-11-19T10:41:57ZFORMATION OF A TARGET MODEL OF THE RETAIL POWER MARKET2618-947X2618-998410.17747/2078-8886-2011-4-94-103https://doaj.org/article/319875e1dbde42b291a0cedcf3673edf2014-11-01T00:00:00Zhttps://www.jsdrm.ru/jour/article/view/227https://doaj.org/toc/2618-947Xhttps://doaj.org/toc/2618-9984This article reviews various paths of possible development of wholesale and retail electric power markets. The authors analyse the electric power market target model whose implementa-tion is to start from 2012. Also an alternative model is described, whose purpose is to facilitate creation of a healthy competitive environment. In this model a retail supplier plays a role of bro-ker for a customer, which may freely choose a generating company - an electric power supplier. This model alleviates the relationship between sales companies and power network companies; the risk of non-payment in retail segment is transferred from intermediary to electric power sup-plier. Besides, for the purpose of decreasing risks of electric power rates fluctuation, this model suggests introduction of a special mechanism damping wholesale market rate oscillations. This mechanism may be implemented by a dedicated insurance fund.I. GerasimovReal Economics Publishing House articleguaranteed supply companywholesale electric power marketretail supplierpower supply organizationpower supply organizationtarget model of the power marketsRisk in industry. Risk managementHD61RU Strategičeskie Rešeniâ i Risk-Menedžment, Vol 0, Iss 4, Pp 94-103 (2014) |
| institution |
DOAJ |
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DOAJ |
| language |
RU |
| topic |
guaranteed supply company wholesale electric power market retail supplier power supply organization power supply organization target model of the power markets Risk in industry. Risk management HD61 |
| spellingShingle |
guaranteed supply company wholesale electric power market retail supplier power supply organization power supply organization target model of the power markets Risk in industry. Risk management HD61 I. Gerasimov FORMATION OF A TARGET MODEL OF THE RETAIL POWER MARKET |
| description |
This article reviews various paths of possible development of wholesale and retail electric power markets. The authors analyse the electric power market target model whose implementa-tion is to start from 2012. Also an alternative model is described, whose purpose is to facilitate creation of a healthy competitive environment. In this model a retail supplier plays a role of bro-ker for a customer, which may freely choose a generating company - an electric power supplier. This model alleviates the relationship between sales companies and power network companies; the risk of non-payment in retail segment is transferred from intermediary to electric power sup-plier. Besides, for the purpose of decreasing risks of electric power rates fluctuation, this model suggests introduction of a special mechanism damping wholesale market rate oscillations. This mechanism may be implemented by a dedicated insurance fund. |
| format |
article |
| author |
I. Gerasimov |
| author_facet |
I. Gerasimov |
| author_sort |
I. Gerasimov |
| title |
FORMATION OF A TARGET MODEL OF THE RETAIL POWER MARKET |
| title_short |
FORMATION OF A TARGET MODEL OF THE RETAIL POWER MARKET |
| title_full |
FORMATION OF A TARGET MODEL OF THE RETAIL POWER MARKET |
| title_fullStr |
FORMATION OF A TARGET MODEL OF THE RETAIL POWER MARKET |
| title_full_unstemmed |
FORMATION OF A TARGET MODEL OF THE RETAIL POWER MARKET |
| title_sort |
formation of a target model of the retail power market |
| publisher |
Real Economics Publishing House |
| publishDate |
2014 |
| url |
https://doaj.org/article/319875e1dbde42b291a0cedcf3673edf |
| work_keys_str_mv |
AT igerasimov formationofatargetmodeloftheretailpowermarket |
| _version_ |
1718420250331971584 |