Power Generation Investment and Electricity Pricing in Deregulated Energy Markets
C. E. Ezendiokwelu1, J. C. Onuegbu2, B. A. Odufuwa3

1C. E. Ezendiokwelu, Department of Electrical Engineering, Nnamdi Azikiwe University Awka, Nigeria.
2J. C. Onuegbu, Department of Electrical Engineering, Nnamdi Azikiwe University Awka, Nigeria.
3B. A. Odufuwa, Lagos City Polytechnic Ikeja, Lagos, Nigeria.

Manuscript received on 12 September 2017 | Revised Manuscript received on 28 September 2017 | Manuscript published on 30 September 2017 | PP: 18-21 | Volume-6 Issue-4, September 2017 | Retrieval Number: B1674056217©BEIESP
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)

Abstract: This paper discusses deregulated electricity markets with a focus on highlighting the factors that have constrained generation investments, kept prices up and possible ways of mitigating them. The pricing structures adopted in electricity markets were ex-rayed and comparisons of generation investment mix were made between case nations to ascertain effectiveness. This study concludes that a wholesale competitive market, cost reflective pricing and right generation mix are essential for improved electricity availability, reliability and sustainability.
Keywords: Electricity Market, Deregulation, Generation Capacity, Electricity supply and demand, Wholesale.

Scope of the Article: Next Generation Internet & Web Architectures