Latest news

21-09-2023
NEXT CONFERENCE : Small modular nuclear reactors - what contribution can they make to the energy transition?
Registration

06-04-2023
CEEM PH.D. CONFERENCE - Toward a new electricity
market model?
Registration

23-03-2023
NEXT CONFERENCE : TOWARD A NEW MARKET DESIGN WITH LONG TERM ARRANGEMENTS: RECONCILING THE SUPPLY SIDE AND DEMAND SIDE WITH SMART TARIFFS
Registration here

13-02-2023
NEXT CONFERENCE :TOWARD A NEW ELECTRICITY MARKET MODEL? CAN PPAs AND CfDs CO-EXIST, AND WHAT ARE BEST PRACTICES FOR THEIR DESIGN?
Registration here

05-12-2022
NEXT CONFERENCE : TOWARD A NEW ELECTRICITY MARKET MODEL: IS DECOUPLING THE RIGHT APPROACH?
Registration here

31-05-2021
Extension of the call for paper on "FINANCING LONG-TERM INVESTMENT IN HYBRID ELECTRICITY MARKETS" to 31 May 2021 > more details here

16-02-2021
Publication in Energy Economics : SYSTEM CONTRIBUTIONS OF RESIDENTIAL BATTERY SYSTEMS: NEW PERSPECTIVES ON PV SELF-CONSUMPTION, by Hyun Jin Julie Yu > Read the article

26-01-2021
Energy Economics Publication: SYSTEM CONTRIBUTIONS OF RESIDENTIAL BATTERY SYSTEMS: NEW PERSPECTIVES ON PV SELF-CONSUMPTION Hyun Jin Julie YU

17-12-2020
WORKING PAPER 47: LOCAL FLEXIBILITY MARKETS FOR DISTRIBUTION NETWORK CONGESTION-MANAGEMENT: WHICH DESIGN FOR WHICH NEEDS?
Click here

17-12-2020
Revue Économie industrielle Publication: LES EFFACEMENTS DE CONSOMMATION ÉLECTRIQUE ET LE SURPLUS DES ACTEURS ÉNERGÉTIQUES Cédric CLASTRES et Patrice GEOFFRON

17-12-2020
Energy Journal Publication: AN EMPIRICAL ANALYSIS OF THE BID-ASK SPREAD IN THE CONTINUOUS INTRADAY TRADING OF THE GERMAN POWER MARKET Clara BALARDY

23-07-2020
COMMUNIQUÉ: A NEW INITIATIVE TO ADAPT TO THE CHALLENGES OF THE ENERGY TRANSITION
Click here

22-04-2020
RAPPORT D’ACTIVITÉS 2019 DE LA CEEM
Cliquez ici

22-04-2020
CEEM ACTIVITY REPORT 2019
Click here

+ More news

>> All news

ELECTRICITY MARKET REGIMES BASED ON LONG TERM CONTRACTS : WHAT LESSONS FROM THE BRAZILIAN MODEL ?

Invitation to a seminar co-organized by the Chaire European Electricity Markets (CEEM) and the Center for International Research on the Environment the Development (CIRED)

Seminar around Dr. Mauricio TOLMASQUIM
President, Empresa de Pesquisa Energetica

June 6, 2013 18 :00 – 20 :00
University Paris-Dauphine
Salle Raymond ARON
2nd floor

The seminar will be held in French.

Registration can be done on the site : Click here

Summary of the seminar : Click here

In electricity markets, long term coordination is supposed to be ensured by the hourly market prices which don’t in any way ensure the alignment of average annual prices with long term marginal cost, thus not favoring the start of new investment at high fixed cost. The problem is accentuated for countries with high growth rates and capitalistic hydraulic resources: they are exposed to long periods of low prices followed by shortages of hydraulic capacity that provoke a sharp price rise that lasts several months. Therefore it can’t be on the basis of the anticipation of scarcity rents, critical and aleatory, that investors can develop the equipment that best conforms to the research of the minimum social cost.

Brazil was able to adopt another market regime than that in place in European countries and the USA, founded on capacity planning and auctioning of long term contracts that ensure a revenue stream for capacity and energy, both for new equipment and existing equipment. Mauricio TOLMASQUIM, the principal coordinator of this reform, who is currently the president of Empresa de Pesquisa Energetica, the agency in charge of the programming of electricity capacity, will present this Brazilian reform based on the search for long term economic and social efficiency, as well as the results of this reform in terms of capacity development and cost and price control. Mauricio TOLMASQUIM has a doctorate in economics from the EHESS and wrote his thesis with the CIRED.

PROGRAM

18 :00 – 19 :00
Mauricio TOLMASQUIM, President of Empresa de Pesquisa Energetica, principal coordinator of the 2004 reform:
« Reach and results of the Brazilian model for an electricity regime of long term contracts »
Presentation

19:00 – 19:20
Discussion by: Dominique FINON, Director of Research (CNRS and CIRED), Director of the axis «Market structures and regulation (CEEM) » : « Learnings from the Brazilian experience for European markets »
Presentation

19:20 – 20:00
Round Table with Jean-Charles HOURCADE (CIRED), Jan-Horst KEPPLER (University Paris-Dauphine), Fabien ROQUES (HIS CERA) and Manuel BARITAUD (IEA), dialogue open to all attendees

20:00
Reception in the hall of the 2nd floor across from the Salle Raymond Aron

________________________________________

For information, please contact the coordinator of the Chaire European Electricity Markets
Fatoumata Diallo: fatoumata.diallo@fondation-dauphine.fr

The team of the CEEM is hoping to welcome you on June 6 2013.

Latest news

ELECTRICITY MARKET REGIMES BASED ON LONG TERM CONTRACTS : WHAT LESSONS FROM THE BRAZILIAN MODEL ?

Past events

Members

Partners

Contact

Social networks