Effect of regulation on power-plant operation and investment in the South East Europe Market: An analysis of two cases

Višković, Alfredo; Franki, Vladimir; Valentić, Vladimir

doi:10.1016/j.jup.2014.06.001

Cited by 16 publications

(4 citation statements)

References 14 publications

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“…Having a stable and concise regulatory framework has been identified as a prerequisite for ensuring the financing of an energy project [129]. As far as the case study presented in the paper goes, there is a lack of a coherent regulatory framework regarding the heating and transport sector and a lack of supporting policies regarding power-to-heat and e-mobility solutions.…”

Section: Regulatory Framework and Policy Supportmentioning

confidence: 99%

City-Level Transition to Low-Carbon Economy

2022

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In recent years climate change has emerged as a global issue directly related to quality of life. In this context, one of the key goals in the next few decades will be to transition the global economy to a sustainable system. The nature of the energy planning process dictates the application of complex models. There is no universal solution to the energy planning problem. Each territory requires a bespoke strategy aimed at utilising its specific potential. The research presented in this paper explores reaching a zero-carbon energy system at the city level. It establishes a step-by-step decarbonisation method and proposes an energy transition index (ETI). The index presented is used to evaluate different renewable energy sources (RES) deployment scenarios in the context of affordability, self-reliance, and sustainability. The main aspects and barriers of deploying sustainable energy solutions are also explored. Some of the key challenges of RES deployment are identified as capital intensity, output variability, and the regulatory framework. The approach applied in the paper focuses on a city-level strategy in line with the goal of satisfying demand through local energy sources. The presented analysis offers two basic conclusions: (1) each territory requires a bespoke strategy that can optimally utilise its energy potential and (2) building a local zero-carbon system can be feasible only by implementing energy storage technologies.

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Section: Regulatory Framework and Policy Supportmentioning

confidence: 99%

City-Level Transition to Low-Carbon Economy

2022

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“…[23]. Višković et al [24] described liberalization and reforms of electricity sector in SEE countries for Croatia and Bosnia and Herzegovina, Slovenia [25], North Macedonia [26] and Romania [27]. It is possible to witness a significant integration among energy markets due to ongoing coupling of various regions in Europe.…”

Section: Literature Reviewmentioning

confidence: 99%

Power Exchange Prices: Comparison of Volatility in European Markets

Bozic

Dobromirov

Arsić³

et al. 2020

Energies

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Power exchanges in Europe have been operating since the 1990s, while in the region of Southeast Europe (SEE) they are only a few years old. Volatility is considered to be one of the indicators that define the level of market development. In this paper, the authors examine 15 power markets in Europe with the novelty of special attention dedicated to the SEE markets, in terms of their volatility. The aim of this paper is to investigate volatility on SEE markets, and their correlation with developed European markets. Power price volatility is measured by price velocity concepts, the daily velocity based on daily/monthly/quarterly/yearly and overall average power prices. The outcomes reveal that power price volatility is higher in new SEE markets than in more mature European markets. The least volatile market is the Greek pool, followed by Switzerland and Austria. The Bulgarian market is the most volatile, followed by that of Romania, and these markets are nearly twice as volatile as the ones previously mentioned. A correlation matrix is carried out and confirms positive correlation between all markets in terms of their average prices. However, a correlation matrix of measured volatilities depicts a negative correlation, in some cases, between SEE and Central European (CE) markets.

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“…1, some of the countries of the region are a part of the ETS while some remain apart. This creates a rather significant imbalance between competitors on the market resulting in considerable risk rather unappealing for investors as thoroughly discussed in [69]. With regard to the thermal electricity sector, a solution might prove to be the carbon capture and storage (CCS) system.…”

Section: Regional Contextmentioning

confidence: 99%

Status of Croatia’s energy sector framework: Progress, potential, challenges and recommendations

Višković

Franki

2015

THERM SCI

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Following the accession of Croatia in the European Union a number of questions are raised regarding Croatia's legal framework and its ability to cope with the demands that it faces. This paper provides an overview of the current status of the Croatian energy sector framework and discusses the prospects of successful reform in this new Member State. One of the main aims of this paper is to discuss the current progress, potential prospects and challenges for implementing a successful reform model in the newest EU Member State - Croatia. In this context, it is necessary to note the difficulties in analysing electricity reform which derive from the fact that it can take many different forms, that it involves a number of interrelated steps and that it is an ongoing process. With that in mind, the approach to the problem was a thorough literature review of all possible factors influencing the development of the Croatian energy sector and a detailed analysis of all the options and problems the sector faces. The study offers a detail structure of the energy sector discusses its situation, problems and offers insights on possible paths to improvement.

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Effect of regulation on power-plant operation and investment in the South East Europe Market: An analysis of two cases

Cited by 16 publications

References 14 publications

City-Level Transition to Low-Carbon Economy

City-Level Transition to Low-Carbon Economy

Power Exchange Prices: Comparison of Volatility in European Markets

Status of Croatia’s energy sector framework: Progress, potential, challenges and recommendations

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