Aspects of Czech energy market liberalization in the context of European Union

This bachelor thesis takes a comprehensive overview of the electricity market liberalization emphasizing the impact on households. Despite efforts to create a common energy market, competitive environment is significantly influenced by the presence of natural monopolies in the transmission and distribution sector. Possibility to switch electricity supplier may lead to price savings, but due to high proportion of regulated components in total price of electricity, liberalization itselfs creates only little space for lower price. Electricity price is influenced by many factors, but strong interdependence of Central European region enhances the risk of being influenced by higher prices. This thesis divides electricity market into individual subjects with regard to the proportion on total electricity price for end user