Electricity market rules and functioning
The liberalization processes of the electricity markets have developed at international level in different ways.
An appropriate design of the market and the rules that guide its operation, tailored to the specific situation, is of paramount importance to ensure the success of the operation in terms of increased competition and lower prices, while ensuring delivery in the short, medium and long term in a sustainable manner.
Errors in the design of the market and the regulatory framework can lead to dramatic failures with heavy economic repercussions, as witnessed by the crisis of the electricity market in California in 2000.
In this context, RSE study the application of rules and models designed to improve efficiency and to address any problems the Italian electricity market, including its integration into a wider European market, making it possible to overcome existing or potential biases that result in higher energy costs for consumers.