Static model of electricity market system composition
The purpose of the article is to analyze a composition of the whole electricity market system on the functional level. For the purpose the frames “industry”, “market” and “infrastructure” were used as the formal models of the object analyzed. The composition of the first order electricity market system was defined as a result of market-industry identification of electricity supplying process by using the frames “industry” and “market”. The frame “infrastructure” was integrated to the general concepts “production - trade - organization” to define the composition of the second order electricity market system with subsequent decomposition of its parts on the subsystems. As a result the static model of electricity market system composition was built as a complex organized super system. Reflections among the parts of the first and second order systems were shown.