Does the Ukrainian electricity market correspond to the european model?

Magdalena Osinska, Mykola Kyzym, Victoriia Khaustova, Olha Ilyash and Tetiana Salashenko

Utilities Policy, 2022, vol. 79, issue C

Abstract: The paper explores 29 models of the European electricity markets and the degree of their deviation from the single electricity market model established by the trans-European legislation. Although all models correspond to the design of the pan-European single one, they remain significantly differentiated according to trading forms and pricing methods. The electric power system in Ukraine has developed oppositely to the European ones, and the electricity market is quasi-competitive. The study proposes a novel model for the Ukrainian electricity market, which considers the European acquis communautaires, the advanced practice in electricity market development, and the specifics of the Ukrainian electric power system.

Keywords: Competitive electricity markets; A novel model for the Ukrainian electricity market; Electric power systems (search for similar items in EconPapers)
JEL-codes: D42 L94 Q41 Q43 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:juipol:v:79:y:2022:i:c:s095717872200100x

DOI: 10.1016/j.jup.2022.101436

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