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A Practical Guide to Trading and Tracing for the Energy BlockchainRegulations, Business Model and Actors in the Energy Market

A Practical Guide to Trading and Tracing for the Energy Blockchain: Regulations, Business Model... [The electricity market is a particular market with an inherent complexity. The mechanisms that regulate the movement of energy volumes are managed in a precise and systematic order to ensure transparency and competition on the one hand, and reliability and continuity of service on the other. The electricity market is made up of several well-defined phases, and in each phase one or more players can operate according to the purpose of the market phase itself. There are many players involved in the energy business, each with its own role and identity. In general they can be distinguished: Prosumers, Aggregators, Energy Market Manager, Balance Responsible Party, Balance Service Provider, TSO, DSO and Energy Retailer. As the electricity system evolves, the electricity market and the role of the different actors is also changing, enabling new business models that need to be properly regulated. This chapter aims to describe the various phases of the Italian electricity market and the actors involved in each phase, defining their functions and tasks, the new business models and the main regulations. Special attention is paid to the players involved in regulatory services and, consequently, to transactions connected to the balancing of the electricity grid.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

A Practical Guide to Trading and Tracing for the Energy BlockchainRegulations, Business Model and Actors in the Energy Market

Part of the UNIPA Springer Series Book Series
Editors: Sciumè, Giuseppe; Riva Sanseverino, Eleonora; Gallo, Pierluigi
Sciumè, G.; Riva Sanseverino, E.; Gallo, P.
Springer Journals — May 8, 2022
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Publisher
Springer International Publishing
Copyright
© The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2022
ISBN
978-3-030-96606-5
Pages
29 –56
DOI
10.1007/978-3-030-96607-2_2
Publisher site
See Chapter on Publisher Site

Abstract

[The electricity market is a particular market with an inherent complexity. The mechanisms that regulate the movement of energy volumes are managed in a precise and systematic order to ensure transparency and competition on the one hand, and reliability and continuity of service on the other. The electricity market is made up of several well-defined phases, and in each phase one or more players can operate according to the purpose of the market phase itself. There are many players involved in the energy business, each with its own role and identity. In general they can be distinguished: Prosumers, Aggregators, Energy Market Manager, Balance Responsible Party, Balance Service Provider, TSO, DSO and Energy Retailer. As the electricity system evolves, the electricity market and the role of the different actors is also changing, enabling new business models that need to be properly regulated. This chapter aims to describe the various phases of the Italian electricity market and the actors involved in each phase, defining their functions and tasks, the new business models and the main regulations. Special attention is paid to the players involved in regulatory services and, consequently, to transactions connected to the balancing of the electricity grid.]

Published: May 8, 2022

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