Journal of Scientific Papers


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ISSN 2071-789X

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  • General Founder and Publisher:

    Centre of Sociological Research


  • Publishing Partners:

    University of Szczecin (Poland)

    Széchenyi István University, (Hungary)

    Mykolas Romeris University (Lithuania)

    Alexander Dubcek University of Trencín (Slovak Republic)

  • Membership:

    American Sociological Association

    European Sociological Association

    World Economics Association (WEA)




Reengineering of electricity market monitoring

Vol. 10, No 4, 2017

Rafał Kasperowicz,


Poznan University of Economics and Business,

Poznań, Poland,



Reengineering of electricity market monitoring


Marcin Pinczyński,


Universidad Pontificia Comillas – ICAI,

Madrid, Spain,


Aviral Tiwari,


Montpellier Business School,

Montpellier, France,


Łukasz Nawrot,


Poznan University of Economics and Business,

Poznań, Poland,






Abstract. The main goal of this paper is to present new indices and a new structure of the electricity market monitoring system. The proposed structure, along with the analytical methods and indices applied to this structure, could be used from the viewpoint of both market operator and market participants. This paper also describes, in a rather simplified manner, the algorithms of market monitoring on the case study of Spanish electricity market.


Received: March, 2017

1st Revision: July, 2017

Accepted: October, 2017


DOI: 10.14254/2071-789X.2017/10-4/14

JEL ClassificationQ4, E03, E37, O10, N70

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