{"title":"三边市场耦合一年后电力交易价格波动分析","authors":"C. De Jonghe, L. Meeus, R. Belmans","doi":"10.1109/EEM.2008.4579023","DOIUrl":null,"url":null,"abstract":"Trilateral market coupling (TLC) was launched in November 2006 in Belgium, France and the Netherlands. The initiative results in a sharp decrease of hourly price differences. This paper analyses whether the price convergence obtained, also reduced price volatility. Evidence for a significant price volatility reduction has only been found on APX. One possible explanation is given by introducing the volatility reduction potential based on the non-simultaneous occurrence of shocks.","PeriodicalId":118618,"journal":{"name":"2008 5th International Conference on the European Electricity Market","volume":"83 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2008-05-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"22","resultStr":"{\"title\":\"Power exchange price volatility analysis after one year of Trilateral Market Coupling\",\"authors\":\"C. De Jonghe, L. Meeus, R. Belmans\",\"doi\":\"10.1109/EEM.2008.4579023\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"Trilateral market coupling (TLC) was launched in November 2006 in Belgium, France and the Netherlands. The initiative results in a sharp decrease of hourly price differences. This paper analyses whether the price convergence obtained, also reduced price volatility. Evidence for a significant price volatility reduction has only been found on APX. One possible explanation is given by introducing the volatility reduction potential based on the non-simultaneous occurrence of shocks.\",\"PeriodicalId\":118618,\"journal\":{\"name\":\"2008 5th International Conference on the European Electricity Market\",\"volume\":\"83 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2008-05-28\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"22\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"2008 5th International Conference on the European Electricity Market\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1109/EEM.2008.4579023\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"2008 5th International Conference on the European Electricity Market","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1109/EEM.2008.4579023","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
Power exchange price volatility analysis after one year of Trilateral Market Coupling
Trilateral market coupling (TLC) was launched in November 2006 in Belgium, France and the Netherlands. The initiative results in a sharp decrease of hourly price differences. This paper analyses whether the price convergence obtained, also reduced price volatility. Evidence for a significant price volatility reduction has only been found on APX. One possible explanation is given by introducing the volatility reduction potential based on the non-simultaneous occurrence of shocks.