ESTIMATING THE INFLUENCE OF THE LIBERALIZATION PROCESS OF THE WHOLESALE ELECTRICITY MARKET ON THE ACTIVITIES OF INDUSTRIAL ENTERPRISES

Authors

KH.A. SHAHBAZYAN National Polytechnic University of Armenia Author

Keywords:

liberalization, electric power, market operator, power plant, supplier, natural monopoly

Abstract

The methodology for estimating the economic effect of market participants as a result of the liberalization of the wholesale market is considered, and the efficiency of transitional models of the wholesale electricity market is analyzed.

The basic pricing models of the bilateral contracts are set up, and the advantages and disadvantages of the liberalization process of the electricity wholesale market are analyzed.

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Published

01.04.2026

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