Electricity Market Reform

An International Perspective

By: Fereidoon Sioshansi

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Hardcover | 13 April 2006

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688 Pages

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26.04 x 18.42 x 3.81

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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.

· Covers electicity market liberalization and deregulation on a worldwide scale
· Features expert contributions from key people within the electricity sector

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Contributors	p. vii
Foreword: The Market Versus Regulation	p. xvii
Introduction to Electricity Sector Liberalization: Lessons Learned from Cross-Country Studies	p. 1
What's Wrong With the Status Quo?	p. 33
Why Restructure Electricity Markets?	p. 35
Sector-Specific Market Power Regulation versus General Competition Law: Criteria for Judging Competitive versus Regulated Markets	p. 49
Trailblazers	p. 75
Chile: Where It All Started	p. 77
Electricity Liberalization in Britain And The Evolution of Market Design	p. 109
The Nordic Electricity Market: Robust By Design?	p. 145
Evolving markets	p. 171
The Electricity Industry in Australia: Problems Along the Way to a National Electricity Market	p. 173
Restructuring the New Zealand Electricity Sector 1984-2005	p. 203
Energy Policy and Investment in the German Power Market	p. 235
Competition in the Continental European Electricity Market: Despair or Work in Progress?	p. 265
North America, New world, New Challenges	p. 317
California Electricity Restructuring, The Crisis, and Its Aftermath	p. 319
Texas: The Most Robust Competitive Market in North America	p. 383
Electricity Restructuring in Canada	p. 419
The PJM Market	p. 451
Independent System Operators in The USA: History, Lessons Learned, and Prospects	p. 479
Competitive Retail Power Markets and Default Service: The US Experience	p. 529
Other Markets	p. 563
The Case of Brazil: Reform By Trial And Error?	p. 565
Understanding The Argentinean and Colombian Electricity Markets	p. 595
A New Stage of Electricity Liberalization in Japan: Issues and Expectations	p. 617
Index	p. 645
Table of Contents provided by Ingram. All Rights Reserved.

Electricity Market Reform

An International Perspective

At a Glance

Hardcover

Shipping

How to return your order

Defective items

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