IDEAS home Printed from https://ideas.repec.org/p/unu/wpaper/wp-2016-132.html
   My bibliography  Save this paper

Integrating market and bilateral power trading in the Southern African Power Pool

Author

Listed:
  • Amy Rose
  • Robert Stoner
  • Ignacio Pérez-Arriaga

Abstract

High levels of inflexible bilateral trade in southern Africa have limited the participation in the competitive short-term markets, leading to inefficient use of energy infrastructure and blocking the Southern African Power Pool's long-term goal of transitioning from a cooperative to competitive market. Under the current supply and investment climate, governments and market participants are unlikely to forego their preference for long-term contracts owing to concerns about security of supply and risk mitigation.

Suggested Citation

  • Amy Rose & Robert Stoner & Ignacio Pérez-Arriaga, 2016. "Integrating market and bilateral power trading in the Southern African Power Pool," WIDER Working Paper Series wp-2016-132, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2016-132
    as

    Download full text from publisher

    File URL: https://www.wider.unu.edu/sites/default/files/wp2016-132_2.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Charles Fant, 2016. "Wind turbine and photovoltaic generating efficiency in Africa," WIDER Working Paper Series wp-2016-125, World Institute for Development Economic Research (UNU-WIDER).
    2. Charles Fant, 2016. "Wind turbine and photovoltaic generating efficiency in Africa," WIDER Working Paper Series 125, World Institute for Development Economic Research (UNU-WIDER).
    3. Bowen, Brian H. & Sparrow, F. T. & Yu, Zuwei, 1999. "Modeling electricity trade policy for the twelve nations of the Southern African Power Pool (SAPP)," Utilities Policy, Elsevier, vol. 8(3), pages 183-197, September.
    4. Richard Gilbert & Neuhoff, K. & Newbery, D., 2002. "Allocating Transmission to Mitigate Market Power in Electricity Networks," Cambridge Working Papers in Economics 0225, Faculty of Economics, University of Cambridge.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Amy Rose & Robert Stoner & Ignacio Pérez-Arriaga, 2016. "Integrating market and bilateral power trading in the South African Power," WIDER Working Paper Series 132, World Institute for Development Economic Research (UNU-WIDER).
    2. Kupper Gerd & Willems Bert, 2007. "Arbitrage in Energy Markets: Competing in the Incumbent’s Shadow," Energy, Transport and Environment Working Papers Series ete0707, KU Leuven, Department of Economics - Research Group Energy, Transport and Environment.
    3. Otsuki, Takashi & Mohd Isa, Aishah Binti & Samuelson, Ralph D., 2016. "Electric power grid interconnections in Northeast Asia: A quantitative analysis of opportunities and challenges," Energy Policy, Elsevier, vol. 89(C), pages 311-329.
    4. Timilsina,Govinda R. & Toman,Michael A. & Karacsonyi,Jorge G. & de Tena Diego,Luca, 2015. "How much could South Asia benefit from regional electricity cooperation and trade ?," Policy Research Working Paper Series 7341, The World Bank.
    5. Gert Brunekreeft & David Newbery, 2006. "Should merchant transmission investment be subject to a must-offer provision?," Journal of Regulatory Economics, Springer, vol. 30(3), pages 233-260, November.
    6. Potgieter, Petrus H., 2010. "Water and energy in South Africa – managing scarcity," MPRA Paper 23360, University Library of Munich, Germany.
    7. Crawford, Gregory S. & Crespo, Joseph & Tauchen, Helen, 2007. "Bidding asymmetries in multi-unit auctions: Implications of bid function equilibria in the British spot market for electricity," International Journal of Industrial Organization, Elsevier, vol. 25(6), pages 1233-1268, December.
    8. Brunekreeft, Gert, 2004. "Market-based investment in electricity transmission networks: controllable flow," Utilities Policy, Elsevier, vol. 12(4), pages 269-281, December.
    9. Ochoa, Camila & Dyner, Isaac & Franco, Carlos J., 2013. "Simulating power integration in Latin America to assess challenges, opportunities, and threats," Energy Policy, Elsevier, vol. 61(C), pages 267-273.
    10. Li, Yanfei & Chang, Youngho, 2015. "Infrastructure investments for power trade and transmission in ASEAN+2: Costs, benefits, long-term contracts and prioritized developments," Energy Economics, Elsevier, vol. 51(C), pages 484-492.
    11. Mulder, Machiel & Schoonbeek, Lambert, 2013. "Decomposing changes in competition in the Dutch electricity market through the residual supply index," Energy Economics, Elsevier, vol. 39(C), pages 100-107.
    12. Spalding-Fecher, Randall. & Senatla, Mamahloko & Yamba, Francis & Lukwesa, Biness & Himunzowa, Grayson & Heaps, Charles & Chapman, Arthur & Mahumane, Gilberto & Tembo, Bernard & Nyambe, Imasiku, 2017. "Electricity supply and demand scenarios for the Southern African power pool," Energy Policy, Elsevier, vol. 101(C), pages 403-414.
    13. Gnansounou, Edgard & Dong, Jun, 2004. "Opportunity for inter-regional integration of electricity markets: the case of Shandong and Shanghai in East China," Energy Policy, Elsevier, vol. 32(15), pages 1737-1751, October.
    14. Richard Green, 2007. "Nodal pricing of electricity: how much does it cost to get it wrong?," Journal of Regulatory Economics, Springer, vol. 31(2), pages 125-149, April.
    15. repec:dgr:rugsom:13003-eef is not listed on IDEAS
    16. Sertaç Oruç & Scott Cunningham, 2014. "Transmission Rights to the Electrical Transmission Grid in the Post Liberalization Era," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 5(4), pages 686-705, December.
    17. Holmberg, P. & Lazarczyk, E., 2012. "Congestion management in electricity networks: Nodal, zonal and discriminatory pricing," Cambridge Working Papers in Economics 1219, Faculty of Economics, University of Cambridge.
    18. Daniel A. Benitez, 2004. "On Quantity Competition and Transmission Constraints in Electricity Market," Econometric Society 2004 Latin American Meetings 98, Econometric Society.
    19. Shang, Nan & Lin, You & Ding, Yi & Ye, Chengjin & Yan, Jinyue, 2019. "Nodal market power assessment of flexible demand resources," Applied Energy, Elsevier, vol. 235(C), pages 564-577.
    20. Perez, Eloy, 2007. "A model of vertical integration and investment in generation capacity in electricity markets: The case of the bidding game," Socio-Economic Planning Sciences, Elsevier, vol. 41(4), pages 272-290, December.
    21. Wisuttisak, Pornchai, 2012. "Regulation and competition issues in Thai electricity sector," Energy Policy, Elsevier, vol. 44(C), pages 185-198.

    More about this item

    Keywords

    Bilateral contract; Market design;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:unu:wpaper:wp-2016-132. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Siméon Rapin (email available below). General contact details of provider: https://edirc.repec.org/data/widerfi.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.