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...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Bucharest University of Economic Studies
2017-03-01
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Series: | Database Systems Journal |
Subjects: | |
Online Access: | http://www.dbjournal.ro/archive/26/26_2.pdf |
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. |
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ISSN: | 2069-3230 2069-3230 |