Competitive electricity markets : design, implementation, performance /

After two decades, policy makers and regulators agree that electricity market reform, liberalization and privatization remains partly art. Moreover, the international experience suggests that in nearly all cases, initial market reform leads to unintended consequences or introduces new risks, which m...

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Bibliographic Details
Corporate Authors: Elsevier Science & Technology
Group Author: Sioshansi, Fereidoon P. Fereidoon Perry
Published: Elsevier,
Publisher Address: Amsterdam ; Boston :
Publication Dates: 2008.
Literature type: eBook
Language: English
Edition: First edition.
Series: Elsevier global energy policy and economics series
Subjects:
Online Access: http://www.sciencedirect.com/science/book/9780080471723
Summary: After two decades, policy makers and regulators agree that electricity market reform, liberalization and privatization remains partly art. Moreover, the international experience suggests that in nearly all cases, initial market reform leads to unintended consequences or introduces new risks, which must be addressed in subsequent "reform of the reforms." This volume describes the evolution of the market reform process including a number of challenging issues such as infrastructure investment, resource adequacy, capacity and demand participation, market power, distributed generation, renewable
Carrier Form: 1 online resource (xlii, 582 pages) : illustrations, maps.
Bibliography: Includes bibliographical references and index.
ISBN: 0080471722
9780080471723
0080557716
9780080557717
Index Number: HD9685
CLC: F407.61
Contents: Foreword, M. Pollitt -- Preface, W. Pfaffenberger -- Electricity market reform: Progress and remaining challenges, F.P. Sioshansi -- 1. Reevaluation of vertical integration and unbundling, H. Chao et al. -- 2. Hybrid electricity markets and different patterns of restructuring, A.F. Correlje and L. De Vries -- 3. Achieving electricity market integration in Europe, N. Cornwall -- 4. Transmission markets, congestion management & investment, H. Singh -- 5. The design of U.S. wholesale energy and ancillary service auction markets: Theory and practice, R. O'Neill et al. -- 6. The cost of anarchy i