Role of State in Facilitating Fair Competition and Protecting Interests of Customers in Transition to Open Electricity Market
Topics Why state responsibility is important How it was implemented in Latvia Couple of examples Conclusion
Importance of the topic Real market opening in Latvia is the most relevant experience in the Baltic states For Latvia, where market is active, its is necessary to attract more market participants and eliminate use of market power by dominating market participant Estonia and Lithuania can learn “for free” when preparing real opening of power market in respective countries
Legislation Electricity market Act Rules on electricity trading and consumption Real market opening in Latvia Regulator Grid code Customer view
Availability of regulated tariffs Transparency of incumbent trader Information to customer Some problematic issues due to lack of market supervision
Conclusions Free market still needs supervision to protect customer interests and enhance competition Tariff structure on the regulated market influences open market Real market opening needs clear rules and action plan