Economics & Sociology

ISSN: 2071-789X eISSN: 2306-3459 DOI: 10.14254/2071-789X
Index PUBMS: f5512f57-a601-11e7-8f0e-080027f4daa0
Article information
Title: Overview of Electricity Market Monitoring
Issue: Vol. 9, No 4, 2016
Published date: 12-2016 (print) / 12-2016 (online)
Journal: Economics & Sociology
ISSN: 2071-789X, eISSN: 2306-3459
Authors: Marcin Pinczynski
Rafał Kasperowicz
Keywords: electricity, market monitoring, market power and performance, behavioral monitoring.
DOI: 10.14254/2071-789X.2016/9-4/9
Index PUBMS: e02a675b-0209-11e8-94c4-fa163e5d4f72
Language: English
Pages: 153-167 (15)
JEL classification: E03, E37, O10, N70

The main goal of this paper is to present various aspects of electricity market monitoring and to focus on the monitoring of economic parameters, placing a special emphasis on market power, market performance and behavioral monitoring. This paper provides a view of the monitoring and its components. It presents available monitoring techniques and further it indicates the need to modify the existing structure or to develop a new structure of the monitoring system based on new indices which could be used by both operator and market participants.