Evolution of Global Electricity Markets, 1st Edition

  • Published By:
  • ISBN-10: 0123979064
  • ISBN-13: 9780123979063
  • DDC: 333.7932
  • Grade Level Range: College Freshman - College Senior
  • 880 Pages | eBook
  • Original Copyright 2013 | Published/Released June 2014
  • This publication's content originally published in print form: 2013

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Get the latest on rapidly evolving global electricity markets from the scholars and thought leaders shaping reform. In this volume, world-class experts provide a comprehensive assessment of the relevant issues in today's electricity markets. Amid a backdrop of rising energy prices, concerns about environmental degradation, and the introduction of distributed sources and smart grids, increasingly stringent demands for more reliable, efficient delivery infrastructure and more rational, cost-reflective prices are being placed on the electric power sector. This book discusses the electric industry's new paradigms, challenges, and approaches, providing an invaluable global perspective. Companies engaged in the power sector's extensive value chain including utilities, generation, transmission and distribution companies, retailers, suppliers, regulators, market designers, and the investment and financial rating community will benefit from a more nuanced understanding of the impact of key market design and restructuring choices. How can problems be avoided? Why do some restructured markets appear to function better than others? Which technologies are the best investments? Which regulatory mechanisms best support new technologies? What lessons can be learned from Norway, Australia, Texas, and the U.K.? These questions and many more are undertaken by the brightest minds in the industry in this comprehensive, cutting-edge resource.

Table of Contents

Front Cover.
Half Title Page.
Other Frontmatter.
Title Page.
Copyright Page.
About the Authors.
1: The Evolution of European Electricity Markets.
2: Evolution of the British Electricity Market and the Role of Policy for the Low-Carbon Future*.
3: Electricity Market Reform in Britain: Central Planning Versus Free Markets*.
4: The French Paradox: Competition, Nuclear Rent, and Price Regulation.
5: Turnaround in Rough Sea—Electricity Market in Germany.
6: The Growing Impact of Renewable Energy in European Electricity Markets.
7: Renewable Energy, Efficient Electricity Networks, and Sector-Specific Market Power Regulation☆.
8: From Niche to Mainstream: The Evolution of Renewable Energy in the German Electricity Market.
9: The Challenges of Electricity Market Regulation in the European Union.
10: The Evolution of Electricity Markets in the Americas.
11: The Evolution of the PJM Capacity Market: Does it Address the Revenue Sufficiency Problem?.
12: Texas Electricity Market: Getting Better*.
13: From the Brink of Abyss to a Green, Clean, and Smart Future: The Evolution of California’s Electricity Market.
14: Unfinished Business: The Evolution of US Competitive Retail Electricity Markets.
15: Fragmented Markets: Canadian Electricity Sectors’ Underperformance.
16: Latin America Energy Integration: An Outstanding Dilemma.
17: The Evolution of BRICs Electricity Markets.
18: The Evolution of Brazilian Electricity Market.
19: The Russian Electricity Market Reform: Toward the Reregulation of the Liberalized Market?.
20: Not Seeing the Wood for the Trees? Electricity Market Reform in India.
21: Reform Postponed: The Evolution of China’s Electricity Markets.
22: The Evolution of Electricity Markets in Australasia.
23: Evolution of Australia’s National Electricity Market.
24: Is Electricity Industry Reform the Right Answer to the Wrong Question? Lessons from Australian Restructuring and Climate Policy.
25: Weak Regulation, Rising Margins, and Asset Revaluations: New Zealand’s Failing Experiment in Electricity Reform.
26: The Korean Electricity Market: Stuck in Transition.
27: After Fukushima: The Evolution of Japanese Electricity Market.
28: The Singapore Electricity Market: From Partial to Full Competition.
29: Market Design for the Integration of Variable Generation.