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Publikācija: Analysis of the Electricity Prices as Applied to the Latvian Market

Publication Type Publication (anonimusly reviewed) in a journal with an international editorial board indexed in other databases
Funding for basic activity Unknown
Defending: ,
Publication language English (en)
Title in original language Analysis of the Electricity Prices as Applied to the Latvian Market
Field of research 2. Engineering and technology
Sub-field of research 2.7 Environmental engineering and energetics
Research platform None
Authors Uldis Bariss
Dagnija Blumberga
Andra Blumberga
Keywords electricity forwards, cross-border congestion, marginal costs, clean dark spread
Abstract The authors analyze the applicability of the Nord Pool Spot (NPS) prices of Finland to the electricity market of Latvia, and, consequently, the appropriateness of using the electricity forwards from NPS for price estimates in Latvia. They propose a concept of electricity price regulation for public supply in Latvia based on the price forecasts of NPS forward contracts taking into account the cross-border congestions. Additionally, good correlation has been obtained between the marginal costs of a coal-fired power plant and the electricity forwards for the Finland’s NPS area.
Reference Bariss, U., Blumberga, D., Blumberga, A. Analysis of the Electricity Prices as Applied to the Latvian Market. Latvian Journal of Physics and Technical Sciences, 2012, Vol. 49, No. 1, pp.16-28. ISSN 0868-8257.
ID 12557