How will EU Market Supervision Legislation Affect Electricity Markets? Год выпуска: 2013Автор: Giulia ConfortoИздательство: LAP Lambert Academic PublishingСтраниц: 84ISBN: 9783659473098Описание The proposed on-going revision of EU market supervision regulation is meant to increase positively market transparency and integrity, but if not appropriately developed it risks carrying undesired disadvantages such as disproportionate collaterals, higher compliance costs and potentially higher power prices. This study illustrates present and proposed regulations evaluating potential implications on electricity market participants. A business costs impact assessment supports the analysis introducing how higher costs might significantly reduce market depth and liquidity, resulting in greater vulnerability of the wholesale price finding mechanism.
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