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Specifics Of The Energy Markets

Author

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  • Delia Vasilica ROTARU

    () (Faculty of Economics and Business Administration within Alexandru Ioan Cuza University of Iasi, Romania)

Abstract

In this paper we have analyzed the specific characteristics of the energy markets in general and the products transacted, in particular. Due to its unique features, electricity, one of the most important products for the economic development of a country, has brought challenges to the organization of a liberalized market to be transacted on. The paper also offers a view on the evolution of the supply and demand on the energy market in the last past years, along with a forecast analysis. The last part of the paper offers a presentation of the specific steps taken in the deregulation of the energy market process.

Suggested Citation

  • Delia Vasilica ROTARU, 2014. "Specifics Of The Energy Markets," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, vol. 6(3), pages 76-85, September.
  • Handle: RePEc:jes:wpaper:y:2014:v:6:i:3:p:76-85
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    File URL: http://ceswp.uaic.ro/articles/CESWP2014_VI3_ROT.pdf
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    More about this item

    Keywords

    energy market; electricity; oil; gas; coal; supply; demand;

    JEL classification:

    • L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

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