Can Market Rules and Regulations be Set to Ensure Increased Spot Trading Next Year?
Article from: OGEL Archive issue , in Electricity Law and Regulation
Summary
Power Purchase Agreements (PPAs) are inherently anti-competitive and restrict attempts to introduce wholesale competition in generation. This paper examines a model of integration of PPAs into a competitive market where the volume under PPAs would be divided to allow for partial spot trading of electricity. It would examine what challenges the generators as well as the policy makers would face in arriving at the division and then how can the structural and regulatory design be framed to ensure that spot trading would grow over a period of time, i.e., on a yearly ...