Evolution of Global Electricity Markets: New Paradigms, New Challenges, New Approaches
- 16h 1m
- Fereidoon P. Sioshansi (ed)
- Elsevier Science and Technology Books, Inc.
- 2013
Get the latest on rapidly evolving global electricity markets direct from the scholars and thought leaders who are shaping reform. In this volume, dozens of world-class experts from diverse regions provide a comprehensive assessment of the relevant issues in today's electricity markets.
Amid a seething backdrop of rising energy prices, concerns about environmental degradation, and the introduction of distributed sources and smart grids, increasingly stringent demands are being placed on the electric power sector to provide a more reliable, efficient delivery infrastructure, and more rational, cost-reflective prices. This book maps out the electric industry's new paradigms, challenges and approaches, providing invaluable global perspective on this host of new and pressing issues being investigated by research institutions worldwide. Companies engaged in the power sector's extensive value chain including utilities, generation, transmission & distribution companies, retailers, suppliers, regulators, market designers, and the investment & financial rating community will benefit from gaining a more nuanced understanding of the impacts of key market design and restructuring choices. How can problems be avoided? Why do some restructured markets appear to function better than others? Which technological implementations represent the best investments? Which regulatory mechanisms will best support these new technologies? What lessons can be learned from experiences in Norway, Australia, Texas, or the U.K.? These questions and many more are undertaken by the brightest minds in the industry in this one comprehensive, cutting-edge resource.
- Features a unique global perspective from more than 40 recognized experts and scholars around the world, offering opportunities to compare and contrast a wide range of market structures
- Analyzes how the implementation of existing and developing market designs impacts real-world issues such as pricing and reliability
- Explains the latest thinking on timely issues such as current market reform proposals, restructuring, liberalization, privatization, capacity and energy markets, distributed and renewable energy integration, competitive generation and retail markets, and disaggregated vs. vertically integrated systems
About the Editor
Dr. F.P. Sioshansi has nearly 30 years of experience working in analysis of energy markets, specializing in the policy, regulatory, technical and environmental aspects of the electric power sector in the US and internationally. His research and professional interests are concentrated in demand and price forecasting, electricity market design, competitive pricing & bidding, integrated resource planning, energy conservation and energy efficiency, economics of global climate change, sustainability, energy security, renewable energy technologies, and comparative performance of competitive electricity markets.
Dr. Sioshansi advises major utility clients and government policy makers domestically and internationally on electricity market reform, restructuring and privatization of the electric power sector. He has published numerous reports, books, book chapters and papers in peer-reviewed journals on a wide range of subjects. Dr. Sioshansi edits and publishes EEnergy Informer, a monthly newsletter with wide international circulation. He is on the Editorial Advisory Board of The Electricity Journal where he is regularly featured in Electricity Currents section. He is a frequent contributor to Energy Policy and The Electricity Journal, and he serves on the editorial board of Utilities Policy. Major recent publications include the 2009 Elsevier volume, Electricity Generation in a Carbon Constrained World and the forthcoming 2010 book, In Search of A Carbon Neutral Future.
In this Book
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Evolution of the British Electricity Market and the Role of Policy for the Low-Carbon Future
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Electricity Market Reform in Britain: Central Planning Versus Free Markets
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The French Paradox: Competition, Nuclear Rent, and Price Regulation
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Turnaround in Rough Sea—Electricity Market in Germany
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The Growing Impact of Renewable Energy in European Electricity Markets
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Renewable Energy, Efficient Electricity Networks, and Sector-Specific Market Power Regulation
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From Niche to Mainstream: The Evolution of Renewable Energy in the German Electricity Market
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The Challenges of Electricity Market Regulation in the European Union
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The Evolution of the PJM Capacity Market: Does It Address the Revenue Sufficiency Problem?
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Texas Electricity Market: Getting Better
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From the Brink of Abyss to a Green, Clean, and Smart Future: The Evolution of California's Electricity Market
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Unfinished Business: The Evolution of US Competitive Retail Electricity Markets
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Fragmented Markets: Canadian Electricity Sectors' Underperformance
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Latin America Energy Integration: An Outstanding Dilemma
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The Evolution of Brazilian Electricity Market
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The Russian Electricity Market Reform: Toward the Reregulation of the Liberalized Market?
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Not Seeing the Wood for the Trees? Electricity Market Reform in India
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Reform Postponed: the Evolution of China's Electricity Markets
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Evolution of Australia's National Electricity Market
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Is Electricity Industry Reform the Right Answer to the Wrong Question? Lessons from Australian Restructuring and Climate Policy
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Weak Regulation, Rising Margins, and Asset Revaluations: New Zealand's Failing Experiment in Electricity Reform
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The Korean Electricity Market: Stuck in Transition
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After Fukushima: The Evolution of Japanese Electricity Market
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The Singapore Electricity Market: From Partial to Full Competition
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Market Design for the Integration of Variable Generation
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Epilogue
