Home  Journals  Regional Economics: Theory and Practice  12(519) - 2023 December

Specifics of strategic pricing in the current electricity market (energy supply companies)

Received: 24 October 2023

Received in revised form: 13 November 2023

Accepted: 28 November 2023

Available online: 15 December 2023

Subject Heading: SOCIOECONOMIC POLICY

JEL Classification: Q41, Q43, Q48

Pages: 2223–2242

https://doi.org/10.24891/re.21.12.2223

Subject. This article discusses the principles of functioning of the wholesale and retail electricity markets in Russia.
Objectives. The article aims to study the basic principles of pricing, improvement of the applied methods of electricity pricing in the wholesale and retail markets.
Methods. For the study, we used the methods of comparative and systems analyses.
Results. The article finds that price positions are closely related to the volume of demand, as well as to the effective use of the installed capacity of generating companies.
Conclusions. The results of the study can be used in the practical activities of power supply companies.

Keywords: pricing, electricity price, capacity price, day?ahead market, balancing market, strategy

References:

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