THE MAIN CHARACTERISTICS OF THE RUSSIAN AND KAZAKHSTAN WHOLESALE MARKET OF POWER INDUSTRY
Keywords:
day ahead market (DAM), price zones, generating company, export/ import, balancing market, power system, system operator(SO)Abstract
As the market liberalization is a continuous process both in Russia and Republic of Kazakhstan, the market still continues to develop. In this article, a new model of the wholesale market of electricity and power of the Russian Federation and Republic of Kazakhstan is studied.