scholarly journals Cross-Border Electricity Trading in Southeast Europe Towards an Internal European Market

Energies ◽  
2020 ◽  
Vol 13 (24) ◽  
pp. 6653
Author(s):  
Despoina I. Makrygiorgou ◽  
Nikos Andriopoulos ◽  
Ioannis Georgantas ◽  
Christos Dikaiakos ◽  
George P. Papaioannou

The European Commission’s Target Model’s main objective is to integrate European electricity markets, leading to a single internal energy market and guaranteeing the instantaneous balance between electricity generation and demand. According to the target model for electricity trading, proposed by the European Network Transmission System Operators for Electricity (ENTSO-E), within each zone, electricity can be traded freely without taking into consideration network limitations. In contrast, for cross-border trading, the exchanges with other market areas are taken into account. Cross-border trade poses a further burden on the interconnection lines, resulting in increasing network congestion, which in turn restricts electricity trading. Thus, calculating the available capacity for trade has a significant ramification on the market. Today, the Available Transfer Capacity (ATC) mechanism dominates cross-border trading, but this methodology may be replaced by the Flow-Based (FB) approach across Europe. This paper investigates both approaches regarding the cross-border congestion management under the market coupling procedure. In our case study, the Southeast Europe (SEE) region is taken into consideration; it consists of both the FB and ATC approach in a five country (Greece, North Macedonia, Bulgaria, Serbia, and Romania) scenario. The purpose of our tests is to perform, compare, and evaluate the effectiveness of each method for the SEE region, while the main findings are the maximization of social welfare, better cross-border trading opportunities, and price convergence via the FB method.

Author(s):  
Yunming Shao ◽  
Lei Shi

This paper is a case study of FORGE, the first UK-China cross border accelerator program, conducted in the context of TusPark Newcastle, an overseas innovation center by TUS Holdings in the United Kingdom. It engages with current research that examines the role of trust, particularly in the area of cross-border trade. We suggest that this is especially pertinent for early stage technology companies, since in many cases, their products, business models and even founder reputations, are more unformed. We also look at the topic of cross-border incubation, particularly with China as the target market, and provide new insights for understanding the channels and barriers for international commercialization in China for early stage tech startups. Finally, we provide some suggestions for policy-makers on both sides to better coordinate efforts to increase innovation relationships like FORGE.


2022 ◽  
pp. 132-154
Author(s):  
Poshan Yu ◽  
Jiayi He ◽  
Michael Sampat

The large-scale health crisis caused by COVID-19 that appeared in late 2019 has undoubtedly had a huge influence on the global economy. This chapter takes the interruption of international trade in the context of epidemics as the main research subject, using the change in Sino-Brazilian trade as a case study. From the international management perspective, this chapter will investigate how this epidemic affects Sino-Brazilian cross-border trade and business practices. The interlinked relationship between both countries' cross-border trade will be examined. Recommendations will be provided for further enhancing both countries' economic growth and trade practices.


10.14311/985 ◽  
2008 ◽  
Vol 48 (3) ◽  
Author(s):  
M. Adamec ◽  
M. Indráková ◽  
M. Karajica

This paper deals with basic characteristics and features of trading in electricity, especially in cross-border trading. First, the most important features of electricity as a commodity are explained, with the consequences for electricity trading. Then characteristics and changes in the electricity market after liberalization are discussed. This liberalization has taken place throughout Europe, and the consequences of this revolutionary change are still visible. The main features of electricity trading are mentioned in general. Then cross-border trade in Europe is discussed in greater detail. In this context the basic principles of the allocation of cross-border transmission capacities are explained.The next part of the paper considers the characteristics of the European electricity market from the trader’s point of view. Liquidity as a very important index is introduced here.Finally the most visible trends in cross-border trade and the most probable future development in this area are presented. 


2016 ◽  
Vol 37 (2) ◽  
pp. 155-174 ◽  
Author(s):  
Michael K. Bess

In the first half of the twentieth century, Mexican authorities implemented transit laws to regulate motor traffic and address concerns about road safety. The northern city of Monterrey, Nuevo León serves as a case study for this process. Monterrey’s location at the junction of two major national highways, as well as its proximity to the United States, made it an important site for cross-border trade and tourism. Local officials in Monterrey developed US-inspired rules to modernise traffic patterns and bolster tourism. This essay examines how state authorities in Nuevo León coped with an influx in regional motor traffic, passing transit laws that reflected ideological priorities in favour of US-style economic development and technological modernisation.


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