INTERNATIONAL EXPERIENCE INVESTIGATION OF WHOLESALE POWER MARKET LIBERALIZATION
Keywords:
day ahead market (DAM), balancing market, functioning of electric power industry, reforms, market operator, power plant, competition, restructuring, market, natural monopoly, power industry, liberalizationAbstract
Тhe global experience of electric power sector deregulation and the creation of a decentralized system for scheduling the production and distribution of electricity and power is considered. The results of restructuring the power industry in different countries are analyzed, the reasons for failures and successes of liberalization of the power market are studied.
