Since the late 1980s, policy makers and regulators in a number of countries have liberalized, restructured or deregulated their electric power sector, typically by introducing competition at the generation and retail level. These experiments have resulted in vastly different outcomes - some highly encouraging, others utterly disastrous. However, many countries continue along the same path for a variety of reasons. This book examines the most important competitive electricity markets around the world and provides definitive answers as to why some markets have performed admirably, while others have utterly failed, often with dire financial and cost consequences. The lessons contained within are direct relevance to regulators, policy makers, the investment community, industry, academics and graduate students of electricity markets worldwide. The book covers electricity market liberalization and deregulation on a worldwide scale and features expert contributions from key people within the electricity sector.
- Limba : Engleza
- Cuprins : Foreword (S. Littlechild). Introduction (P.L. Joskow). Part 1. What's wrong with the status quo? 1. Why restructure electricity markets? (F.S. Sioshansi). 2. Sector-specific market power regulation vs. general competition law: Criteria for judging competitive vs. regulated markets (G. Knieps). Part 2. Trailblazers. 3. Chile: Where it all started (R. Raineri). 4. Electricity liberalization in Britain and the evolution of market design (D. Newbery). 5. The Nordic Market: Robust by design? (E. Amundsen, N.H. von der Fehr, L. Bergman). Part 3. Evolving markets. 6. The electricity industry in Australia: Problems along the way to a national electricity market (A. Moran). 7. Restructuring of the New Zealand electricity sector, 1984-2005 (G. Bertram). 8. Energy policy and investment in the German power market (G. Brunekreeft, D. Bauknecht). 9. Competition in the continental European electricity market: Despair of work in progress? (R. Haas, J.M. Glachant, N. Keseric, Y. Perez). Part 4. Nort America, New World, New Ch
- Data Publicarii : 13 Apr 2006
- Format : Hardback
- Numar pagini : 688
- ISBN : 9780080450308