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Integrating market and bilateral power trading in the Southern African Power Pool

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  • Amy Rose
  • Robert Stoner
  • Ignacio Pérez-Arriaga

Abstract

High levels of inflexible bilateral trade in southern Africa have limited the participation in the competitive short-term markets, leading to inefficient use of energy infrastructure and blocking the Southern African Power Pool's long-term goal of transitioning from a cooperative to competitive market. Under the current supply and investment climate, governments and market participants are unlikely to forego their preference for long-term contracts owing to concerns about security of supply and risk mitigation.

Suggested Citation

  • Amy Rose & Robert Stoner & Ignacio Pérez-Arriaga, 2016. "Integrating market and bilateral power trading in the Southern African Power Pool," WIDER Working Paper Series wp-2016-132, World Institute for Development Economic Research (UNU-WIDER).
  • Handle: RePEc:unu:wpaper:wp-2016-132
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    File URL: https://www.wider.unu.edu/sites/default/files/wp2016-132_2.pdf
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    References listed on IDEAS

    as
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    Keywords

    Bilateral contract; Market design;

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