Electricity market and its regulation

The objective of the Bachelor Thesis is a survey of electricity market and its regulation in the Czech Republic. The fundamental principles of regulation of the electricity market are determined primarily by Act No. 458/2000 Coll., on the Conditions of Business and State Administration in the Energy Industries and Changes to Certain Laws (the Energy Act) as amended. The most significant purpose of the electricity market is price determination based on demand and supply. Also the Energy Regulatory Office contributes to competition within the energy market. The total consumer price consists of several partial amounts: commodity price, transportation price, distribution and contribution for renewable resources. Only the commodity price is not object of regulation. The Bachelor Thesis includes also comparison of two different methods of regulation of the distribution price ? revenue-cap and price-cap