M. Oksanen's research while affiliated with Lappeenranta – Lahti University of Technology LUT and other places
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Publication (1)
An in-depth analysis of the restructuring processes in individual market areas requires knowledge of the initial physical and organizational state of the electricity markets. The differences in these initial states lead to a significant divergence in the restructuring processes between the different market areas. There are general textbook models f...
Citations
... The respective level of maturity is high, already commencing several initiatives for the cross-border exchange of balancing services using pan-European platforms, and its implementation framework and regulations can constitute the basis for the integration of other markets (i.e., the U.S., Australia, and Asia). At the moment, the U.S. markets follow a decoupled regime with different regional transmission operators (RTOs), clearing their own internal markets (at the intra-RTO level) and performing some electricity transactions with neighboring RTOs (at the inter-RTO level) but with non-coupled wholesale electricity markets [10]. In the same vein, in Australia, a decoupled regime with three different price regions (Western Australia, the Northern Territory, and the eastern/south-eastern coasts) is being applied [11]. ...
