engleski

Preconditions and Impacts of Regional Electricity Market in Southeast Europe

In the context of actual economic and energy crises when energy issues have become crucial development topic, the paper focuses the issues of regional electricity market in Southeast Europe. The analysis shows that there are different resource endowments across SEE region regarding installed capacities, which generate strong potentials for trade. Electricity production costs and final electricity prices differ among SEE countries, which also represent the strong trade basis. The technical preconditions have been also fulfilled. The regional market is an effective way to achieve a diversified energy mix and to optimize use of regional supply and production capacities. Besides short-term benefits, the final economic goal of SEE regional electricity market is to overcome the limited size of SEE national markets and to create large and more stable regional market.

electricity market; Southeast Europe; regional electricity trade; economic reforms

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