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Regulating Energy and Natural Resources$
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Barry Barton, Alastair Lucas, Lila Barrera-Hernández, and Anita Rønne

Print publication date: 2006

Print ISBN-13: 9780199299874

Published to Oxford Scholarship Online: January 2010

DOI: 10.1093/acprof:oso/9780199299874.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2019. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 14 October 2019

System Operation: From Self-Regulation to Public Regulation

System Operation: From Self-Regulation to Public Regulation

(p.171) 9 System Operation: From Self-Regulation to Public Regulation
Regulating Energy and Natural Resources

Ulf Hammer

Oxford University Press

This chapter examines a central function in the energy network markets, system operation, and analyzes how regulation of this function has changed after liberalization. The starting point of the analysis is a functional description of system operation. When analysing the regulatory development, it distinguishes between three levels as regards regulation: (1) The European regulatory level; (2) the national regulatory level in the Nordic countries; and (3) the transmission system operator (TSO) regulatory level in the Norwegian electricity market. Regulation on these levels has to be seen in context. The chapter shows that self-regulation is a diminishing regulatory phenomenon as regards system operation.

Keywords:   energy network markets, self-regulation, system operation, European regulation, transmission system operator

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