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- Politecnico di Milano
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- Energy Engineering
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- Energy Economics
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- Notes · By topic
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Wholesale electricity markets part 3
Study material for Energy Economics, shared by the Studwiz community and reviewed by moderators.
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1 ENERGY ECONOMICS 10 -25 May 2016 WHOLESALE ELECTRICIT Y MARKETS – part 3 MARKET INTEGRATION PAYING FOR CAPACITY: THE ECONOMIC RATIONATE CAPACITY REMUNERATIO N MECHANISM (CRM) 2 Summary MARKET INTEGRATION .............................................................................................................................. 3 Directive 2009/72/EC ............................................................................................................................... 4 Regulation 714/2009 ................................................................................................................................ 4 Framework Guidelines (FG) on CACM for electricity ................................................................................ 4 Target model ........................................................................................................................................... 4 Explicit auctions .......................................................................................................................................5 Implicit auctions .......................................................................................................................................5 Coupling projects .....................................................................................................................................5 Nordic Power Market (Nord Pool) .........................................................................................................5 MIBEL (2007) ........................................................................................................................................5 Trilateral Market Coupling (TLC) 2006--‐2010…
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