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Market power and its possible abuse by market participants is one of the main issues in electricity trading and a lot of work is done on establishing trading rules for fair and transparent electricity market. The focus of this paper is to present market power detection techniques which have been proposed in literature with detail review of the tools which could be used in monitoring units of organised...
With the adoption of Regulation (EU) No. 1227/2011 on Wholesale Energy Market Integrity and Transparency (REMIT), the European Agency for the Cooperation of Energy Regulators (ACER) took on unprecedented powers to monitor the wholesale energy markets in the EU. The aim of this paper is to give an overview of current development of the framework for monitoring of the wholesale electricity and gas markets...
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