| Title |
Manipuliavimas elektros energijos biržose bei manipuliavimo įtaka elektros energijos rinkos kainai / |
| Translation of Title |
Manipulation in power exchanges and the impact of manipulation on the electricity market price. |
| Authors |
Repečka, Mantas |
| Full Text |
|
| Pages |
51 |
| Keywords [eng] |
manipulation ; „Marking the close“ ; wholesale market ; model ; electricity price |
| Abstract [eng] |
This final project of master’s degree investigates the impact of a manipulation case on the price of electricity in the market. The aim of this research is to determine the impact of manipulation on the electricity market price after examining the principles of operation of wholesale electricity markets, pricing methods and manipulation schemes. The study describes a case of market manipulation in which orders placed in market met the criteria of „marking the close“ model. The elimination method used was adapted to calculate the price difference in two scenarios: when manipulation orders were placed to the market and without them. The affected price zone have been identified, the quantities offered for trading have been examined, and the costs incurred by market participants have been calculated. Weighted and average prices were used for calculations. The influence of manipulation on the electricity market price was determined. Suggestions and conclusions are presented. |
| Dissertation Institution |
Kauno technologijos universitetas. |
| Type |
Master thesis |
| Language |
Lithuanian |
| Publication date |
2020 |
