A Practical Guide to Trading and Tracing for the Energy BlockchainRegulations, Business Model and Actors in the Energy Market
A Practical Guide to Trading and Tracing for the Energy Blockchain: Regulations, Business Model...
Sciumè, G.; Riva Sanseverino, E.; Gallo, P.
2022-05-08 00:00:00
[The electricity market is a particular market with an inherent complexity. The mechanisms that regulate the movement of energy volumes are managed in a precise and systematic order to ensure transparency and competition on the one hand, and reliability and continuity of service on the other. The electricity market is made up of several well-defined phases, and in each phase one or more players can operate according to the purpose of the market phase itself. There are many players involved in the energy business, each with its own role and identity. In general they can be distinguished: Prosumers, Aggregators, Energy Market Manager, Balance Responsible Party, Balance Service Provider, TSO, DSO and Energy Retailer. As the electricity system evolves, the electricity market and the role of the different actors is also changing, enabling new business models that need to be properly regulated. This chapter aims to describe the various phases of the Italian electricity market and the actors involved in each phase, defining their functions and tasks, the new business models and the main regulations. Special attention is paid to the players involved in regulatory services and, consequently, to transactions connected to the balancing of the electricity grid.]
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A Practical Guide to Trading and Tracing for the Energy BlockchainRegulations, Business Model and Actors in the Energy Market
[The electricity market is a particular market with an inherent complexity. The mechanisms that regulate the movement of energy volumes are managed in a precise and systematic order to ensure transparency and competition on the one hand, and reliability and continuity of service on the other. The electricity market is made up of several well-defined phases, and in each phase one or more players can operate according to the purpose of the market phase itself. There are many players involved in the energy business, each with its own role and identity. In general they can be distinguished: Prosumers, Aggregators, Energy Market Manager, Balance Responsible Party, Balance Service Provider, TSO, DSO and Energy Retailer. As the electricity system evolves, the electricity market and the role of the different actors is also changing, enabling new business models that need to be properly regulated. This chapter aims to describe the various phases of the Italian electricity market and the actors involved in each phase, defining their functions and tasks, the new business models and the main regulations. Special attention is paid to the players involved in regulatory services and, consequently, to transactions connected to the balancing of the electricity grid.]
Published: May 8, 2022
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