Derleme

Problems of the Supply Industry in Wholesale Electricity Markets

Cilt: 8 Sayı: 1 30 Haziran 2023
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Problems of the Supply Industry in Wholesale Electricity Markets

Öz

In this paper, we investigate the problems in the supply industry in wholesale electricity markets such as supply inadequacy, missing money, market power, and intermittent renewables since they are the main driver of the electricity market evolution. The main contribution of the paper is that it focuses on these problems both individually and holistically. We focus on the causality relationships among the problems. The paper discusses the possible solutions to these problems based on a problem-oriented perspective. Inefficient governance and regulation are the sources of the main problems in the supply industry except the problem of intermittent renewables. The problems of inefficient governance and regulation, inefficient pricing, and intermittent renewables create issues such as supply inadequacy and missing money. Reducing state ownership to sustain competition, establishing capacity markets to complement energy markets, implementing of market-oriented approach, setting up future markets, market monitoring, and a well-functioning network design are major pathways to phase out problems of supply industry.

Anahtar Kelimeler

Kaynakça

  1. Adib, P., & Hurlbu, D. (2008). Chapter 7 Market Power and Market Monitoring.
  2. Adib, P., & Hurlbut, D. (2008). Market power and market monitoring. In Competitive Electricity Markets (pp. 267-296). Elsevier.
  3. Aghaie, H. (2016, October). The impact of intermittent renewables on the resource adequacy in electricity markets. In 2016 IEEE Electrical Power and Energy Conference (EPEC) (pp. 1-5). IEEE.
  4. Bacon, R. W., & Besant-Jones, J. (2001). Global electric power reform, privatization, and liberalization of the electric power industry in developing countries. Annual review of energy and the environment, 26(1), 331-359.
  5. Batalla-Bejerano, J., & Trujillo-Baute, E. (2016). Impacts of intermittent renewable generation on electricity system costs. Energy Policy, 94, 411-420.
  6. Batlle, C., & Rodilla, P. (2010). A critical assessment of the different approaches aimed to secure electricity generation supply. Energy Policy, 38(11), 7169-7179.
  7. Borenstein, S. (2000). Understanding competitive pricing and market power in wholesale electricity markets. The Electricity Journal, 13(6), 49-57.
  8. Borenstein, S. (2002). The trouble with electricity markets: understanding California's restructuring disaster. Journal of economic perspectives, 16(1), 191-211.

Ayrıntılar

Birincil Dil

İngilizce

Konular

Ekonomi

Bölüm

Derleme

Yayımlanma Tarihi

30 Haziran 2023

Gönderilme Tarihi

6 Aralık 2022

Kabul Tarihi

16 Nisan 2023

Yayımlandığı Sayı

Yıl 2023 Cilt: 8 Sayı: 1

Kaynak Göster

APA
Peker, M. Ç., & Sivrikaya, A. (2023). Problems of the Supply Industry in Wholesale Electricity Markets. JOEEP: Journal of Emerging Economies and Policy, 8(1), 408-420. https://izlik.org/JA69ZD62RA
AMA
1.Peker MÇ, Sivrikaya A. Problems of the Supply Industry in Wholesale Electricity Markets. JOEEP. 2023;8(1):408-420. https://izlik.org/JA69ZD62RA
Chicago
Peker, Mustafa Çağrı, ve Ayşen Sivrikaya. 2023. “Problems of the Supply Industry in Wholesale Electricity Markets”. JOEEP: Journal of Emerging Economies and Policy 8 (1): 408-20. https://izlik.org/JA69ZD62RA.
EndNote
Peker MÇ, Sivrikaya A (01 Haziran 2023) Problems of the Supply Industry in Wholesale Electricity Markets. JOEEP: Journal of Emerging Economies and Policy 8 1 408–420.
IEEE
[1]M. Ç. Peker ve A. Sivrikaya, “Problems of the Supply Industry in Wholesale Electricity Markets”, JOEEP, c. 8, sy 1, ss. 408–420, Haz. 2023, [çevrimiçi]. Erişim adresi: https://izlik.org/JA69ZD62RA
ISNAD
Peker, Mustafa Çağrı - Sivrikaya, Ayşen. “Problems of the Supply Industry in Wholesale Electricity Markets”. JOEEP: Journal of Emerging Economies and Policy 8/1 (01 Haziran 2023): 408-420. https://izlik.org/JA69ZD62RA.
JAMA
1.Peker MÇ, Sivrikaya A. Problems of the Supply Industry in Wholesale Electricity Markets. JOEEP. 2023;8:408–420.
MLA
Peker, Mustafa Çağrı, ve Ayşen Sivrikaya. “Problems of the Supply Industry in Wholesale Electricity Markets”. JOEEP: Journal of Emerging Economies and Policy, c. 8, sy 1, Haziran 2023, ss. 408-20, https://izlik.org/JA69ZD62RA.
Vancouver
1.Mustafa Çağrı Peker, Ayşen Sivrikaya. Problems of the Supply Industry in Wholesale Electricity Markets. JOEEP [Internet]. 01 Haziran 2023;8(1):408-20. Erişim adresi: https://izlik.org/JA69ZD62RA

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