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Study on electricity markets in Romania

Alexandra Florea () and Anda Belciu ()
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Alexandra Florea: The Bucharest University of Economic Studies, Bucharest, Romania
Anda Belciu: The Bucharest University of Economic Studies, Bucharest, Romania

Database Systems Journal, 2017, vol. 7, issue 4, 13-23

Abstract: In this paper, we detail about the components of the wholesale electricity market in Romania: Market for Bilateral Contracts (Central Market with continuous double negotiation of bilateral electric energy contracts (CM - OTC), Centralized Market for bilateral electric energy contracts), Day-Ahead Market (DAM), Inter-Daily Market (IM), Balancing Market (BM), Centralized Market for universal service (CMUS). In addition, for each type of market we generated diagrams with the main business processes.

Keywords: Internet of Things; smart metering system; business intelligent; electricity prosumers; consumption data (search for similar items in EconPapers)
Date: 2017
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Handle: RePEc:aes:dbjour:v:7:y:2017:i:4:p:13-23