Models of Electricity Market Organization

  • Lev S. Belyaev


This Chapter deals with specific features of different electricity market models (Sect. 4.1) and makes their qualitative comparison in terms of several criteria, including analysis of the competition effects and their possible implementation with electricity price regulation (Sect. 4.2). The last Sect. 4.3 concisely enumerates the pitfalls of the competitive market.


Electricity Producer Electricity Market Electricity Price Retail Market Spot Market 
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Copyright information

© Springer Science+Business Media, LLC 2011

Authors and Affiliations

  1. 1.Siberian Branch, Energy Systems InstituteRussian Academy of SciencesIrkutskRussia

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