Electricity Market in the Context of the Capital Market
DOI:
https://doi.org/10.46793/Rev26114.41MKeywords:
electricity market, capital market, power exchange, SEEPEX, electricity supplyAbstract
This paper examines the electricity market in relation to capital market mechanisms, with a focus on
market participants, trading models, and the Serbian market. Based on a literature review and practical insights from electricity supply, it shows that limited storability and price volatility require specific mechanisms, including bilateral contracts, day-ahead, intraday, and balancing markets. The Serbian market combines regulated and market-based elements, with an important role for SEEPEX and the Energy Agency.
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