E-BUSINESS FOR THE ELECTRICITY RETAIL MARKET - A Business to Client perspective

Victor Santos, Edmundo Monteiro, António Gomes Martins

2005

Abstract

In the new deregulated market of the electricity industry the communication and e-Business infrastructure plays a main role for the efficiency of all the entities present in the electricity sector. From generation to the final client there are two markets, the wholesale and the retail market. Specific characteristics of the electricity industry make the communication support a fundamental tool to reflect the changes made by one of the intervenients in the whole value chain. When prices change at the wholesale market it is necessary to reflect them at the final consumers. Without a bidirectional and reliable communication systems several problems could occur, from spikes in the electricity prices that could take retail companies to bankruptcy, to huge blackouts that happened in Europe and in the United States. The goal of this paper is to present a model for the electricity retail market. Several studies have been done about the electricity markets, the grand majority focus their attention on the wholesale market. Our proposal is to analyse the e-Business communication structure in a Business-to-Client perspective.

References

  1. Bower, John, 1999, A Model-Based Comparison of Pool and Bilateral Market Mechanisms for Electricity Trading, Energy Markets Group, London Business School
  2. Cunningham, Paul R. 2001, Buying Energy in a Deregulated Market, EnergyUserNews.
  3. Gaw, David, 1998, Scalable, Integrated, Real-time Energy Management Requirements and System Architecture, Coactive Networks, Inc.
  4. Heath, 2004, E-Business On-line retail energy marketplaces take off in Britain - Platts Research & Consulting
  5. Lafferty, R.2001, Demand Responsiveness in Electricity Markets, Office of markets, tariffs and rates.
  6. Malek, Manu 2004, E-Business Security, Stevens Institute of Tecnology.
  7. Reed, L. William, 2000, Competitive Electricity Markets and Innovative Technologies: Hourly Pricing Can Pave the Way for the Introduction of Technology and Innovation.
  8. OSheassy, Michael, 2003, Demand Response: Not Just Rhetoric, It can Truly Be the Silver Bullet, The Electricity Journal.
Download


Paper Citation


in Harvard Style

Santos V., Monteiro E. and Gomes Martins A. (2005). E-BUSINESS FOR THE ELECTRICITY RETAIL MARKET - A Business to Client perspective . In Proceedings of the Second International Conference on e-Business and Telecommunication Networks - Volume 1: ICETE, ISBN 972-8865-32-5, pages 150-156. DOI: 10.5220/0001423401500156


in Bibtex Style

@conference{icete05,
author={Victor Santos and Edmundo Monteiro and António Gomes Martins},
title={E-BUSINESS FOR THE ELECTRICITY RETAIL MARKET - A Business to Client perspective},
booktitle={Proceedings of the Second International Conference on e-Business and Telecommunication Networks - Volume 1: ICETE,},
year={2005},
pages={150-156},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0001423401500156},
isbn={972-8865-32-5},
}


in EndNote Style

TY - CONF
JO - Proceedings of the Second International Conference on e-Business and Telecommunication Networks - Volume 1: ICETE,
TI - E-BUSINESS FOR THE ELECTRICITY RETAIL MARKET - A Business to Client perspective
SN - 972-8865-32-5
AU - Santos V.
AU - Monteiro E.
AU - Gomes Martins A.
PY - 2005
SP - 150
EP - 156
DO - 10.5220/0001423401500156