Overview

Get the latest on rapidly evolving global electricity markets direct from the scholars andthought leaders who are shaping reform. In this volume, dozens of world-class expertsfrom diverse regions provide a comprehensive assessment of the relevant issues intoday’s electricity markets. Amid a seething backdrop of rising energy prices, concerns about environmentaldegradation, and the introduction of distributed sources and smart grids, increasinglystringent demands are being placed on the electric power sector to provide a morereliable, efficient delivery infrastructure, and more rational, cost-reflective prices. Thisbook maps out the electric industry’s new paradigms, challenges and approaches,providing invaluable global perspective on this host of new and pressing issues beinginvestigated by research institutions worldwide. Companies engaged in the powersector’s extensive value chain including utilities, generation, transmission & distributioncompanies, retailers, suppliers, regulators, market designers, and the investment &financial rating community will benefit from gaining a more nuanced understanding ofthe impacts of key market design and restructuring choices. How can problems beavoided? Why do some restructured markets appear to function better than others?Which technological implementations represent the best investments? Whichregulatory mechanisms will best support these new technologies? What lessons canbe learned from experiences in Norway, Australia, Texas, or the U.K.? Thesequestions and many more are undertaken by the brightest minds in the industry in thisone comprehensive, cutting-edge resource.

Full Product Details

Author:   Fereidoon Sioshansi (President, Menlo Energy Economics, San Francisco, CA, USA)
Publisher:   Elsevier Science Publishing Co Inc
Imprint:   Academic Press Inc
Dimensions:   Width: 15.20cm , Height: 4.80cm , Length: 22.90cm
Weight:   1.510kg
ISBN:  

9780123978912

ISBN 10:   0123978912
Pages:   880
Publication Date:   31 July 2013
Audience:   College/higher education ,  Professional and scholarly ,  Postgraduate, Research & Scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   Manufactured on demand  
We will order this item for you from a manufactured on demand supplier.

Table of Contents

Part I: The Evolution of European Electricity Markets Chapter 1 Evolution of British electricity market and the role of policy for the low carbon future Chapter 2 Electricity market reform in Britain: Central planning vs. free markets Chapter 3 The French paradox: Competition, nuclear rent and price regulation Chapter 4 Turnaround in rough sea: The German electricity market Chapter 5 The growing impact of renewable energy in European electricity markets Chapter 6 Renewable energy, efficient electricity networks and sector-specific market power regulation Chapter 7 From niche to mainstream: The evolution of renewable energy in the German electricity market Chapter 8 The challenges of electricity market regulation in the European Union Part II: The evolution of electricity markets in Americas Chapter 9 The evolution of the PJM capacity market: Does it address the revenue sufficiency problem? Chapter 10 Texas electricity market: Getting better Chapter 11 From the brink of abyss to a green, clean and smart future: The evolution of California’s electricity market Chapter 12 Unfinished business: The evolution of US competitive retail electricity markets Chapter 13 Fragmented markets: Canadian electricity sectors' underperformance Chapter 14 The integration of Latin American energy markets: An outstanding dilemma Part III: The evolution of BRICs electricity markets  Chapter 15 Evolution of electricity market in Brazil Chapter 16 The Russian electricity market reform: Towards the re-regulation of the liberalized Chapter 17 Not seeing the wood for the trees? Electricity market reform in India Chapter 18 Reform postponed: The evolution of China’s electricity markets Part IV: The evolution of electricity markets in Australasia Chapter 19 Evolution of Australia’s national electricity market Chapter 20 Is electricity industry reform the right answer to the wrong question? Lessons from Australian restructuring and climate policy Chapter 21 Weak regulation, rising margins, and asset revaluations: New Zealand’s failing experiment in electricity reform Chapter 22 The Korean electricity market: Stuck in transition Chapter 23 After Fukushima: The evolution of Japanese electricity market Chapter 24 The Singapore electricity market: From partial to full competition Chapter 25 Market design for variable generation

Reviews

What is clear is the new and existing issues impacting how electricity market develop still have some way to play out--and that is before the next set of issues come along. In that context this collection provides valuable insights into the issues policy makers, regulators and market participants are currently grappling with. --Energy Spectrum, September 30, 2013

...meant as an update of the 2006 volume...partly to take account of the passage of time and partly to cover new issues and priorities... the best way to view this book is as a collection of self-contained essays, each of which has something to teach us... --Economics of Energy and Environmental Policy, February 2014 It has been compiled in order to take stock of the numerous changes in international electricity markets since 2006, notably the considerable decline in enthusiasm for market-oriented reforms stemming from the poor performance of various reform projects and the 2000/2001 electricity crisis in California, as well as emergent issues related to low-carbon energy, renewable energy, energy efficiency, distributed generation, and demand participation. --Reference & Research Book News, October 2013 What is clear is the new and existing issues impacting how electricity market develop still have some way to play out--and that is before the next set of issues come along. In that context this collection provides valuable insights into the issues policy makers, regulators and market participants are currently grappling with. --Energy Spectrum, September 30, 2013

"""It has been compiled in order to take stock of the numerous changes in international electricity markets since 2006, notably the considerable decline in enthusiasm for market-oriented reforms stemming from the poor performance of various reform projects and the 2000/2001 electricity crisis in California, as well as emergent issues related to low-carbon energy, renewable energy, energy efficiency, distributed generation, and demand participation.""--Reference & Research Book News, October 2013 ""What is clear is the new and existing issues impacting how electricity market develop still have some way to play out--and that is before the next set of issues come along. In that context this collection provides valuable insights into the issues policy makers, regulators and market participants are currently grappling with.""--Energy Spectrum, September 30, 2013"

Author Information

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.

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