VPP market assessed

摘要

Virtual power capacity holdings auctioned by EDF show a "moderate" level of concentration according to a report released by French regulator CRE November 2. The degree of concentration, measured by an HHI index, increased over the period covered by the report (January 1, 2010, to June 30, 2011), but CRE says that the level of market opening is nevertheless "acceptable". EDF has been offering 5,400 MW of virtual capacity since 2001, of which 4,400 MW is baseload and 1,000 MW peak product. An unnamed dominant player on this market never had a share of the market greater than 23% in the baseload product and 26% for the peak product. The bulk of the VPP capacity is traded by financial traders or integrated European energy companies.