Title: Analysis of Some Elements that are Important for Electricity Market's Efficiency
Abstract: The paper analyzes the issues important for choosing electricity market model and the efficiency of that market since at the moment, Croatian electricity market is opened app. 14%. This is obviously too little particularly because the Republic of Croatia has started accession talks with European Union regarding its membership. This membership requires faster opening of the market. Furthermore, since regulation affects liberalization of the power supply market very directly, encourages investments in power supply field and prevents monopolistic behavior on the market as well, positive and negative aspects of the regulation have been described. The presented scheme includes possible partners in the open power supply field as well as regulatory effect toward the market. Goals and results of the license process in the Croatian power supply sector in the period of 2003 to 2005 are also described. The paper analyses the questions concerning the structure and organization of power supply market relevant for the proper choice of power supply market model.
Publication Year: 2005
Publication Date: 2005-01-01
Language: en
Type: article
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