The impact of wind power on electricity market competition in the Baltic countries

Alessio Coccia, Anahita Farsaei, Sanna Syri

Tutkimustuotos: Artikkeli kirjassa/konferenssijulkaisussaConference article in proceedingsScientificvertaisarvioitu

Abstrakti

During 2010-2013, Baltic Countries (Estonia, Latvia, Lithuania), deregulated their power markets and joined the Nord-Pool market. Today, major share of electricity in Baltic countries is produced from fossil fuels. Over the past years, the increasing penetration of renewable energy systems intensified in order to meet the European targets. In particular, installing wind power dramatically rises as a result of a great potential in Northern Europe. This paper attempts to provide an overview of the possible impacts of growing wind power on market power potential in Baltic countries' electricity market. The Herfindahl-Hirschman Index (HHI), which is a common measure of market concentration, is chosen to conduct this exploratory study. HHI index trend in Baltic over the years is evaluated and compared with the rise of wind power. The results show how Baltic area is a highly concentrated marketplace, but wind power is partly changing this.

AlkuperäiskieliEnglanti
Otsikko2020 17th International Conference on the European Energy Market, EEM 2020
KustantajaIEEE
ISBN (elektroninen)9781728169194
DOI - pysyväislinkit
TilaJulkaistu - syysk. 2020
OKM-julkaisutyyppiA4 Artikkeli konferenssijulkaisussa
TapahtumaInternational Conference on the European Energy Market - Stockholm, Ruotsi
Kesto: 16 syysk. 202018 syysk. 2020
Konferenssinumero: 17

Julkaisusarja

NimiInternational Conference on the European Energy Market, EEM
Vuosikerta2020-September
ISSN (painettu)2165-4077
ISSN (elektroninen)2165-4093

Conference

ConferenceInternational Conference on the European Energy Market
LyhennettäEEM
Maa/AlueRuotsi
KaupunkiStockholm
Ajanjakso16/09/202018/09/2020

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