Journal of Scientific Papers

ECONOMICS & SOCIOLOGY


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ISSN 2071-789X



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    Centre of Sociological Research

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    Alexander Dubcek University of Trencín, Faculty of Social and Economic Relations (Slovak Republic)



     
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Overview of Electricity Market Monitoring

Vol. 9, No 4, 2016

Marcin Pinczynski,

 

Universidad Pontificia Comillas – ICAI Madrid,

Madrid, Spain

pinczynskimarcin@gmail.com

OVERVIEW OF ELECTRICITY MARKET MONITORING

 

Rafał Kasperowicz,

 

 Poznan University of Economics, Poznan, Poland,

rafal.kasperowicz@ue.poznan.pl

 

 

Abstract.The main goal of this paper is to present various aspects of electricity market monitoring and to focus on the monitoring of economic parameters, placing a special emphasis on market power, market performance and behavioral monitoring. This paper provides a view of the monitoring and its components. It presents available monitoring techniques and further it indicates the need to modify the existing structure or to develop a new structure of the monitoring system based on new indices which could be used by both operator and market participants.

 

Received: May, 2016

1st Revision: October, 2016

Accepted: November, 2016

 

DOI: 10.14254/2071-789X.2016/9-4/9

JEL Classification: Q4, E03, E37, O10, N70

Keywords: electricity, market monitoring, market power  and performance, behavioral monitoring.