1 / 4

2 nd Stakeholder Group Meeting 14 November 2006

France-UK-Ireland Electricity REM Paper 5 - Imbalance Pricing Shaun Kent – Economist, European Affairs Ofgem. 2 nd Stakeholder Group Meeting 14 November 2006. Summary. Objectives Do differences in imbalance pricing arrangements by themselves distort trade ?

Download Presentation

2 nd Stakeholder Group Meeting 14 November 2006

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. France-UK-Ireland Electricity REM Paper 5 - Imbalance Pricing Shaun Kent – Economist, European Affairs Ofgem 2nd Stakeholder Group Meeting 14 November 2006

  2. Summary Objectives • Do differences in imbalance pricing arrangements by themselves distort trade ? • Complement reciprocal access to balancing question Analysis • Constructed hypothetical examples of imbalance pricing in each country, assuming same generation set and prices First view • Clear that significant differences in price may exist • Hence in principle distortions to trade might happen

  3. Questions for consultation • Does the analysis capture the issues correctly ? • Are any effects or market distortions material ? • How might any such effects be ameliorated ? • Are there any other factors / issues that we should consider ?

  4. Thank You Shaun Kent – Economist, European Affairs shaun.kent@ofgem.gov.uk

More Related