An electricity market in transition
Today’s electricity markets are becoming increasingly complex. The main causes are political decisions changing the underlying conditions for electricity generation as well as for electricity retail. Facing this change means that the markets must develop and adjust, none the least to handle large volumes of wind and solar power. The power system and trade need to become more responsive and efficient. For example, we have to create systems allowing the renewable
energy sources to cooperate optimally with conventional power sources.
New knowledge about the existing institutional lacunae in electricity market, and the possibilities to develop the market, has been brought to the industry, authorities and other decision makers through Elforsk’s research program Market Design. The overarching vision is that the knowledge gained can be used as an input to the design of market rules.
The fourth and last phase of the program, Active 2010–2014, has focused on the fast introduction of renewable electricity generation, and its impact on the market conditions. The reports from this phase highlights the way forward in the grand European electricity market scheme without threatening existing Nordic well-functioning electricity institutions. This pamphlet consists of a synthesis of the reports and their conclusions. It is our hope that it is accessible
and gives the reader good insights into the current state of the art of knowledge in this field.
Additionally, it should describe the future challenges Europe’s electricity market experts and decision makers face.
The report has been produced by Tomas Wall, Desiderate och Lars Magnell, Kreativ Media. Graphic design by Gabriella Lindgren and translation from Swedish to English by Mats Nilsson
Ladda ned syntesrapporten "En elmarknad i förändring" (Swedish)
Download the synthesis report "An electricity market in transition" (English)
Ladda ned presentationsmaterial "En elmarknad i förändring"