MODERN TRENDS IN THE ELECTRICITY MARKET CENTRAL AND EASTERN EUROPE UNDER ASYMMETRIC INFORMATION

Authors

  • V.P. Mazurenko
  • Y.V. Goynik

Keywords:

market power, information asymmetries, equilibrium prices, volatile prices, spot markets, power exchange, power companies

Abstract

The article describes the conditions in Central-Eastern European electricity markets, especially their formation and regulation, indicated the effect of asymmetric information on the functioning of the market mechanism and the establishment of consumer prices.

Published

2019-09-17

Issue

Section

SECTION 2 THE PROBLEMS OF NATIONAL AND REGIONAL ECONOMY