| ID | 099301 |
| Title Proper | Integration of electricity markets in Europe |
| Other Title Information | relevant issues for Italy |
| Language | ENG |
| Author | Creti, Anna ; Fumagalli, Eileen ; Fumagalli, Elena |
| Publication | 2010. |
| Summary / Abstract (Note) | In this paper, we analyze the current trend towards a higher degree of market integration in Europe and identify those aspects that are particularly relevant for Italy. The Italian involvement in this process appears comparatively modest. A welfare analysis, which focuses specifically on the integration of the Italian market, will certainly be a useful support to any policy decision. We argue that, given the peculiarities of the Italian market design, a volume coupling solution could avoid, at the moment, the costs of what could be a significant harmonization effort and, in the end, it might constitute the best short-term strategy. This proposal should be adequately considered, taking into account the complexity of designing an efficient volume-only coordination procedure. |
| `In' analytical Note | Energy Policy Vol. 38, No. 11; Nov 2010: p.6966-6976 |
| Journal Source | Energy Policy Vol. 38, No. 11; Nov 2010: p.6966-6976 |
| Key Words | Wholesale Electricity Markets ; Market Integration ; Congestion Management |