Energy efficiency and performance indicators of European electricity market

Authors

  • C. Duguleana Transilvania University of Brasov, Romania
  • L. Duguleana Transilvania University of Brasov, Romania

Keywords:

power system, environment, efficiency, market performance indicators

Abstract

The electric power system plays a vital role in the development of every country, ensuring the “fuel” which feeds its economic motor. The efficient functioning of this motor is essential for economy. The efficiency and the performances of electric power systems are reflected on the living level of population, through the money spent and the satisfaction level of their needs. The continuity of power distribution process, the good communication between the suppliers and consumers, the promptitude of interventions, the environment protection - all these are aspects characterizing the performance level of power distribution systems. The paper analyzes the evolution of quality indicators of power distribution systems both for countries’ level and for population on European market of electricity.

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Published

2015-06-11

Issue

Section

ECONOMIC THEORY