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Regional Cooperation on the Energy Markets – A Study of Romania’s Day-Ahead Market

Corbea (Florea) Alexandra Maria Ioana (), Bâra Adela () and Uță Adina ()
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Corbea (Florea) Alexandra Maria Ioana: Bucharest University of Economic Studies
Bâra Adela: Bucharest University of Economic Studies
Uță Adina: Bucharest University of Economic Studies

Ovidius University Annals, Economic Sciences Series, 2017, vol. XVII, issue 2, 179-184

Abstract: In the context of the EU’s new energy targets, interregional cooperation is vital. The Romanian Day-Ahead energy market is one of the basic tools in promoting and realizing the internal energy market in the EU, as part of a coupling mechanism at regional level and as such its activities are of particular interest. This paper aims to study the main characteristics and activities carried out on this market, in the context of developing an informatics prototype for forecasting, analysis and decision models for energy providers, to estimate energy demand and generation in a suitable way for an efficient trading on the wholesale energy market.

Keywords: energy markets; day ahead market (search for similar items in EconPapers)
JEL-codes: C88 D47 L94 Q40 (search for similar items in EconPapers)
Date: 2017
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