Study on electricity markets in Romania

In this paper, we detail about the components of the wholesale electricity market in Romania: Market for Bilateral Contracts (Central Market with continuous double negotiation of bilateral electric energy contracts (CM - OTC), Centralized Market for bilateral electric energy contracts), Day-Ahead Ma...

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Bibliographic Details
Main Authors: Alexandra FLOREA, Anda BELCIU
Format: Article
Language:English
Published: Bucharest University of Economic Studies 2017-03-01
Series:Database Systems Journal
Subjects:
Online Access:http://www.dbjournal.ro/archive/26/26_2.pdf
Description
Summary:In this paper, we detail about the components of the wholesale electricity market in Romania: Market for Bilateral Contracts (Central Market with continuous double negotiation of bilateral electric energy contracts (CM - OTC), Centralized Market for bilateral electric energy contracts), Day-Ahead Market (DAM), Inter-Daily Market (IM), Balancing Market (BM), Centralized Market for universal service (CMUS). In addition, for each type of market we generated diagrams with the main business processes.
ISSN:2069-3230
2069-3230