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Regional Cooperation on the Energy Markets – A Study of Romania’s Day-Ahead Market

Author

Listed:
  • Corbea (Florea) Alexandra Maria Ioana

    (Bucharest University of Economic Studies)

  • Bâra Adela

    (Bucharest University of Economic Studies)

  • Uță Adina

    (Bucharest University of Economic Studies)

Abstract

In the context of the EU’s new energy targets, interregional cooperation is vital. The Romanian Day-Ahead energy market is one of the basic tools in promoting and realizing the internal energy market in the EU, as part of a coupling mechanism at regional level and as such its activities are of particular interest. This paper aims to study the main characteristics and activities carried out on this market, in the context of developing an informatics prototype for forecasting, analysis and decision models for energy providers, to estimate energy demand and generation in a suitable way for an efficient trading on the wholesale energy market.

Suggested Citation

  • Corbea (Florea) Alexandra Maria Ioana & Bâra Adela & Uță Adina, 2017. "Regional Cooperation on the Energy Markets – A Study of Romania’s Day-Ahead Market," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 179-184, December.
  • Handle: RePEc:ovi:oviste:v:xvii:y:2017:i:2:p:179-184
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    More about this item

    Keywords

    energy markets; day ahead market;

    JEL classification:

    • C88 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Other Computer Software
    • D47 - Microeconomics - - Market Structure, Pricing, and Design - - - Market Design
    • L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities
    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General

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