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Electro Energy Market Organisation in the EU and the US
Zezula, Michal ; Němcová, Ingeborg (advisor) ; Abrhám, Josef (referee)
This diploma thesis analyses electro energy market organisation in the European Union and the United States of America. Liberalisation tendencies occurred in both areas during the 90's. The liberalisation is supposed to increase quality and reliability of electricity supplies as well as decrease electricity price. Electro energy industry belongs to the so called network industries, whose specifics prevent smooth liberalisation process. The vertically integrated companies or utilities in the US behave monopolistically on the market making the industry work inefficiently. Consequently, prices paid by customers are too high. The liberalisation should enable new participants to enter the market more easily as result of competition introduction and thereby also lead to pricing based on supply and demand interaction. The thesis also deals with price development in European and American areas liberalised to different extent. You can see number of similar tendencies and problems despite different way of electro energy market organisation in the EU and the US.
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EU Energy Policy - Selected Problems of Electricity Market
Zezula, Michal ; Němcová, Ingeborg (advisor) ; Horák, Jiří (referee)
This bachelor thesis deals with selected problems of the electricity market in the European Union. Existence of vertically integrated companies limits proper functioning of the single electricity market, therefore the EU supports liberalization process aiming to create competitiveness in electroenergetic area. This would enhance safety and reliability of distribution and consequently it would lead to higher efficiency in electrical production and consumption, lower prices for end-users and sustainable development with respect to environment. One of the main instruments in the liberalization process is proprietary separation of electricity production and distribution, i.e. unbundling. This thesis explains the current performance of the electricity market and evaluates changes that could be reached by liberalization process.
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Internal Market for Natural Gas in the EU
Pešek, Tomáš ; Němcová, Ingeborg (advisor) ; Vondrušková, Barbora (referee)
This thesis deals with the process of creating the truly functional internal market for natural gas within EU. Using the data about the market, it identifies the reasons for applying particular measures in this field and the important successes. Along with that, it points out the failures and difficulties that have to be overcome in order to ensure the resultful finish of the project. The thesis also offers some alternative opinions on the issues concerning the creation of internal market. All main factors playing essential role in this are covered - from the implementation of the directives, through unbundling of system operators, regulation and market observation, to the cooperation among network companies, rights of the final consumers and energy security.
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