The Electricity Market in Germany regarding the EU Directives to Market Liberalisation

Master's Thesis , 2010 , 121 Pages , Grade: 1

Business economics - Economic Policy

The main understanding of this work will suggest that the electricity market liberalisation need a new impulse from the biggest market players and from the regulators. The liberalisation process is defaulting; the practice and implementation should more precedes as the electricity market in the EU. The base; the Directives are settled by the Commission. The implementation by the big four companies on the market is be a long time coming. There is a wide range of different national experiences of liberalisation electricity markets in terms of the degree of the concentration of generation, the stringency of unbundling public ownership and regulatory institutions. The thesis is combining the “Third Party Access” and the “Single Buyer Model” with its empirical evidence and their implementation for Germany. However, the results of this report will reach a number of significant conclusions at the end of the thesis and will make several policy recommendations. (Blaxter,2006). It draws a distinction between observations that are relevant to the design a well functioned electricity markets. The German electricity sector has undergone considerable changes throughout the past few years (RWE, 2007). Main developments were related to liberalisation of electricity markets (generation and sell of power) and transport of electricity (grid operations), the evolving European CO2 emissions trading scheme and the promotion of renewable electricity generation.

Inhaltsverzeichnis (Table of Contents)

• 1. Introduction.........
• 2. Theory of the electricity and the electrical energy industry...........
  • 2.1 Introduction to the electricity itself.
  • 2.2 Introduction into the electricity market mechanism
  • 2.3 Electricity market function
  • 2.4 The European electricity market
  • 2.5 The Germany market.
  • 2.6 The German power exchange.......
  • 2.7 The working principles of the EEX
  • 2.8 The German market structure at the beginning of the liberalisation
• 3. The liberalisation ......
  • 3.1 The history of liberalisation
  • 3.2 The process of the Liberalisation in the EU and the German implementation
• 4. First period the energy trade liberalisation the EU Directives........
  • 4.1 The first Directive
  • 4.2 The summary of the legislative regulations....
  • 4.3 The electricity prices and the dilemma between liberalisation and price spoiling on the German market.
  • 4.4 Reserve and balancing power market..
• 5. Second period of the energy trade liberalisation
  • 5.1 The second Electricity Directive.
  • 5.2 The cross-border regulation ......
  • 5.3 The security of supply ......
• 6. The characteristic of the liberalised electricity market .......
  • 6.1 Interview and survey: some questions to my colleagues and their comments to the liberalisation.
  • 6.2 Single market issue, is it something useful?
• 7. Electricity trading principles
  • 7.1 Trading.....
  • 7.2 The Models of the liberalised electricity trading
  • 7.3 The single buyer model in detail
• 8. Modelling of the competition in the electricity market ....
• 8.1 The grid access model
• 9. Approach adopted ......
  • 9.1 Methods
  • 9.2 Research Strategy.
  • 9.3 Sampling.

Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)

This dissertation aims to analyze the electricity market liberalization in Germany, specifically focusing on the impact of EU Directives on the market. The study explores the history of liberalization, the implementation of EU directives, and the challenges and opportunities arising from the liberalization process.

• The impact of EU Directives on the electricity market liberalization in Germany.
• The challenges and opportunities of the liberalization process in Germany.
• The role of market players and regulators in shaping the liberalization process.
• The effectiveness of the liberalization process in promoting competition and efficiency.
• The implications of the liberalization process for consumers and the environment.

Zusammenfassung der Kapitel (Chapter Summaries)

The dissertation begins with an introduction to the electricity market and its functioning, providing a theoretical framework for the study. The following chapters delve into the history of electricity market liberalization in the EU and Germany, examining the implementation of EU Directives and their impact on the market. The dissertation further analyzes the different models of electricity trading and their implications for the German market, including the "Third Party Access" and "Single Buyer Model". The study also explores the challenges and opportunities of liberalization, considering the role of market players and regulators in shaping the process.

Schlüsselwörter (Keywords)

Electricity market liberalization, EU Directives, German electricity market, market players, regulators, competition, efficiency, "Third Party Access", "Single Buyer Model", renewable energy sources.

• College: Oxford Brookes University
• Grade: 1
• Author: Valentin Balint Pikler (Author)
• Publication Year: 2010
• Pages: 121
• Catalog Number: V152291
• ISBN (eBook): 9783640653904
• ISBN (Book): 9783640654369
• Language: English
• Tags: electricity market, liberalisation, eu directives, valentin pikler