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Competitive Electricity Markets : Design, Implementation, Performance - Fereidoon Sioshansi

Competitive Electricity Markets

Design, Implementation, Performance

Hardcover Published: 1st March 2008
ISBN: 9780080471723
Number Of Pages: 624

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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 energy and global climate change.
Sequel to Electricity Market Reform: An International Perspective in the same series published in 2006
Contributions from renowned scholars and practitioners on significant electricity market design and implementation issues
Covers timely topics on the evolution of electricity market liberalization world-wide

Contributorsp. vii
Foreword: Liberalization and Regulation in Electricity Systems - How can We get the Balance Right?p. xvii
Preface: Competition and Long-Term Dimensions of Electricity Supplyp. xxxv
Introduction: Electricity Market Reform - Progress and Remaining Challengesp. 1
Market Reform Evolutionp. 25
Reevaluation of Vertical Integration and Unbundling in Restructured Electricity Marketsp. 27
Hybrid Electricity Markets: The Problem of Explaining Different Patterns of Restructuringp. 65
Achieving Electricity Market Integration in Europep. 95
Market Performance, Monitoring and Demand Participationp. 139
Transmission Markets, Congestion Management, and Investmentp. 141
The Design of US Wholesale Energy and Ancillary Service Auction Markets: Theory and Practicep. 179
The Cost of Anarchy in Self-Commitment-Based Electricity Marketsp. 245
Market Power and Market Monitoringp. 267
Demand Participation in Restructured Marketsp. 297
Capacity, Resource Adequacy and Investmentp. 325
Resource Adequacy: Alternate Perspectives and Divergent Pathsp. 327
The Evolution of PJM's Capacity Marketp. 363
Resource Adequacy and Efficient Infrastructure Investmentp. 387
Market Design Issuesp. 417
Promoting Electricity from Renewable Energy Sources - Lessons Learned from the EU, United States, and Japanp. 419
Distributed Generation and the Regulation of Electricity Networksp. 469
Global Climate Change and the Electric Power Industryp. 499
Reform of the Reforms in Brazil: Problems and Solutionsp. 543
Indexp. 573
Table of Contents provided by Ingram. All Rights Reserved.

ISBN: 9780080471723
ISBN-10: 0080471722
Series: Elsevier Global Energy Policy and Economics Series
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 624
Published: 1st March 2008
Publisher: Elsevier Science & Technology
Country of Publication: GB
Dimensions (cm): 24.0 x 16.5  x 3.86
Weight (kg): 1.13