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Monitor Wholesale Markets for Gas and Electricity 2009

Author

Listed:
  • Simon Bremer
  • Vera Barfi Masihi
  • Marcel Vermeulen

Abstract

Access to the infrastructure (capacity) and free tradability of gas (commodity) are essential for a properly functioning wholesale gas market. In this respect several positive developments took place in 2008. Quality conversion is now available in larger volumes, unused transmission capacity can be made available again, and the trading volumes on the TTF gas hub are increasing. Competition in the wholesale electricity market has progressed further than in the gas market. Tennet's balancing system has served as inspiration for the upcoming balancing regime on the gas market, and both day-ahead capacity on the border and day-ahead commodity on the exchange have been available for many years. Positive developments in 2008 were the introduction of netting and intraday capacity on the borders and an increase in liquidity on the APX.

Suggested Citation

  • Simon Bremer & Vera Barfi Masihi & Marcel Vermeulen, 2009. "Monitor Wholesale Markets for Gas and Electricity 2009," Market monitor energy 9, Department of Energy, Netherlands Competition Authority.
  • Handle: RePEc:nco:monito:9
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    File URL: http://www.nma.nl/images/Monitor_groothandelsmarkten_201022-156535.pdf
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    More about this item

    Keywords

    Monitoring; electricity; gas; competition; infrastructure;
    All these keywords.

    JEL classification:

    • L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy

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