Useful materials

 

АЕА presents:  
 DPM forever

 

 

 

 

 

Russian electricity market:  if you are not satisfied.   
 

Investments without DPM. How it works:

 

Resource Investment in Competitive Markets 

 

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Capacity dynamics in UK
Capacity dynamics in UK

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CCGT-bid-A
CCGT-bid-A

Экономика ПГУ в UK. Консалтинг в энергетике.

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Анализ спроса и предложения UK.jpg
Анализ спроса и предложения UK.jpg

Консалтинг в энергетике

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Capacity dynamics in UK
Capacity dynamics in UK

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Main lines

 

 

After 15-20 years past after electricity markets liberalization in the most developed and in many developing countries new challenges have arisen before the world energy industry. How to preserve energy services reliable and accessible for everyone in conditions of progressing trends of the world economy decarbonization? How would achievments of technological revolution serve to the public good and a new would evolutionary grow from an old, not destroying it? All that is an extremely difficult task to cope with for all participants of this process. 
 

Market designs in electricity, capacity markets as an instrument for investments to generation as well as providing adequacy in midterm perspective have been being discussed world wide, especially in the last few years. A number of european countries, some provinces in Canada, states in Australia, where within last 20 years the only energy markets have been reigning over the electricity industries, introduce capacity mechanisms remuneration by the one way or another.  The reason is obvious – a very fast  proliferation of unstable renewables which squeeze out the traditional dispatchable generation from the market. Another reason  having shown up in last two years is to combat the energy crisis caused by shortages of gas and financial destabilization in Covid years. The modern power markets need flexibility and that can be achieved only through capacity mechanisms supporting rarely used  but ready to go resources.  
 

Another considerable trend having become noticeable in the last few years is a wide spread of Desentralized Energy Resources (DERs) mostly based on renewables with batteries as a balancing means. That in turn has required various platform solutions which radically transform current market designs and roles of its main actors. 

 

As a result of ongoing changes, growing uncertainties many experts around the world have again asked  themselves the fundamental question, a very popular one back in time when market reforms in electricity started: is a  competitive electricity  market capable to resolve the problems of the developing and transforming industry and to fit modern constantly altering challenges in an optimal way from the public good point of view? There is a tense discussion on that these days, especially in relation to and on backdrop of sky rocketing prices in Europe, but in general so far the answer is leaning to the maxima: the market is better  suits the challenges than cumbersome and rigid state regulation.  

In this context the tendencies of the market development in Russia, the antimarket program of DPM which brought online a glut of unnecessary generation, as well as commencing a second DPM  program for renovation of the  old,  deadly obsolete  soviet design plants  a few years ago in combination with the latest decisions to "spare" because of santions new effective CCGT blocks, built on foreign technologies, raise a very painful question– how effective  competitive electricity market can be in the Russian specifics generally? And not only in the Russian ones?  

 

For some of these questions you may find answers in our materials at this site including our articles in the Blog section(Russian).          

 

 

 

 

We do not pretend to the ultimate truth and rightness for all these issues, but we certainly have our own opinion on many of them. We hope it might be useful and interesting for you. 

Interesting links 
Interesting and useful – Infoblocks 

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