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Monitor Wholesale Markets for Gas and Electricity 2009

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  • Simon Bremer
  • Vera Barfi Masihi
  • Marcel Vermeulen
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    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.

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    Bibliographic Info

    Paper provided by Department of Energy, Netherlands Competition Authority in its series Market monitor energy with number 9.

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    Date of creation: 01 Nov 2009
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    Handle: RePEc:nco:monito:9

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    Related research

    Keywords: Monitoring; electricity; gas; competition; infrastructure;

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