Aggregator as a new electricity market player: (Case study of Latvia)

Abstract

The research focuses on evaluating the chances of a new electricity market player - aggregator - to come into Latvian electricity market in the nearest future. Electricity market in Latvia has been liberalized since 2015 and there is a wide range of electricity suppliers competing on market basis. It is important to understand, what role could an aggregator play in this market, will it be accepted by other market participants and does it have any chances to survive in a rather small economy with much lower number of electricity consumers than in many other European Union's countries that are currently working on implementing the European Union's legislation that would allow for aggregators to operate in the electricity market.