International Power Interconnections : Moving from Electricity Exchange to Competitive Trade
International electricity markets are complex, and experience with them is limited. Purely physical exchange between countries already occurs where interconnection lines are in place. But power trade requires more sophisticated organizational struc...
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| Format: | Viewpoint |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/1995/03/441231/international-power-interconnections-moving-electricity-exchange-competitive-trade http://hdl.handle.net/10986/11675 |
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okr-10986-116752021-06-14T11:04:46Z International Power Interconnections : Moving from Electricity Exchange to Competitive Trade Charpentier, J. P. Schenk, K. ELECTRICAL INDUSTRIES INTERNATIONAL TRADE CONTRACTS REGIONAL INTEGRATION ELECTRICITY EXCHANGE POWER INTERCONNECTIONS POOLING ARRANGEMENT ELECTRICITY TRADE EMERGENCY SUPPORT BASIC COAL COVERS ELECTRICITY ELECTRICITY EXCHANGE ELECTRICITY GENERATION ELECTRICITY TRADE FLUIDS MARGINAL COST MARGINAL COSTS NETWORKS PETROLEUM POWER POWER INTERCONNECTIONS POWER SECTOR PRIVATE SECTOR REAL TIME SAVINGS STRUCTURES TRANSPORT UTILITIES VOLTAGE International electricity markets are complex, and experience with them is limited. Purely physical exchange between countries already occurs where interconnection lines are in place. But power trade requires more sophisticated organizational structures and coordination. Harmonizing national organizational structures is a first step toward the freer flow of power across borders. Unbundling national power sectors could help further in breaking bottlenecks, particularly in transmission. But coordination needs much attention. Here, the key issue for policymakers is this: What terms and conditions are needed to establish competitive regional electricity trade in which buyers and seller can, at any time and regardless of their locations, negotiate power and energy contracts covering a wide spectrum of commercial products? This Note states that, strictly speaking, there is still no electricity trade in the full sense. To achieve true electricity trade, these are the prerequisites: need and willingness, technical means, national institutions and regional operations, and pricing and contractual issues. 2012-08-13T15:41:56Z 2012-08-13T15:41:56Z 1995-03 http://documents.worldbank.org/curated/en/1995/03/441231/international-power-interconnections-moving-electricity-exchange-competitive-trade Viewpoint. -- Note No. 42 (March 1995) http://hdl.handle.net/10986/11675 English Viewpoint CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Viewpoint Publications & Research |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
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World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ELECTRICAL INDUSTRIES INTERNATIONAL TRADE CONTRACTS REGIONAL INTEGRATION ELECTRICITY EXCHANGE POWER INTERCONNECTIONS POOLING ARRANGEMENT ELECTRICITY TRADE EMERGENCY SUPPORT BASIC COAL COVERS ELECTRICITY ELECTRICITY EXCHANGE ELECTRICITY GENERATION ELECTRICITY TRADE FLUIDS MARGINAL COST MARGINAL COSTS NETWORKS PETROLEUM POWER POWER INTERCONNECTIONS POWER SECTOR PRIVATE SECTOR REAL TIME SAVINGS STRUCTURES TRANSPORT UTILITIES VOLTAGE |
| spellingShingle |
ELECTRICAL INDUSTRIES INTERNATIONAL TRADE CONTRACTS REGIONAL INTEGRATION ELECTRICITY EXCHANGE POWER INTERCONNECTIONS POOLING ARRANGEMENT ELECTRICITY TRADE EMERGENCY SUPPORT BASIC COAL COVERS ELECTRICITY ELECTRICITY EXCHANGE ELECTRICITY GENERATION ELECTRICITY TRADE FLUIDS MARGINAL COST MARGINAL COSTS NETWORKS PETROLEUM POWER POWER INTERCONNECTIONS POWER SECTOR PRIVATE SECTOR REAL TIME SAVINGS STRUCTURES TRANSPORT UTILITIES VOLTAGE Charpentier, J. P. Schenk, K. International Power Interconnections : Moving from Electricity Exchange to Competitive Trade |
| relation |
Viewpoint |
| description |
International electricity markets are
complex, and experience with them is limited. Purely
physical exchange between countries already occurs where
interconnection lines are in place. But power trade requires
more sophisticated organizational structures and
coordination. Harmonizing national organizational structures
is a first step toward the freer flow of power across
borders. Unbundling national power sectors could help
further in breaking bottlenecks, particularly in
transmission. But coordination needs much attention. Here,
the key issue for policymakers is this: What terms and
conditions are needed to establish competitive regional
electricity trade in which buyers and seller can, at any
time and regardless of their locations, negotiate power and
energy contracts covering a wide spectrum of commercial
products? This Note states that, strictly speaking, there is
still no electricity trade in the full sense. To achieve
true electricity trade, these are the prerequisites: need
and willingness, technical means, national institutions and
regional operations, and pricing and contractual issues. |
| format |
Publications & Research :: Viewpoint |
| author |
Charpentier, J. P. Schenk, K. |
| author_facet |
Charpentier, J. P. Schenk, K. |
| author_sort |
Charpentier, J. P. |
| title |
International Power Interconnections : Moving from Electricity Exchange to Competitive Trade |
| title_short |
International Power Interconnections : Moving from Electricity Exchange to Competitive Trade |
| title_full |
International Power Interconnections : Moving from Electricity Exchange to Competitive Trade |
| title_fullStr |
International Power Interconnections : Moving from Electricity Exchange to Competitive Trade |
| title_full_unstemmed |
International Power Interconnections : Moving from Electricity Exchange to Competitive Trade |
| title_sort |
international power interconnections : moving from electricity exchange to competitive trade |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/1995/03/441231/international-power-interconnections-moving-electricity-exchange-competitive-trade http://hdl.handle.net/10986/11675 |
| _version_ |
1764417595489910784 |