Description
Book SynopsisThe Economics of Electricity Markets provides a cutting-edge analysis of the critical issues involved in the design and operation of electricity markets, as well as an assessment of alternative institutional arrangements that have either been implemented or are under discussion in Europe and the US.
Trade ReviewThe Economics of Electricity Markets: Theory and Policy provides an analysis of the critical issues involved in electricity markets and assesses alternate electricity arrangements in Europe and the US, and is a strong recommendation for any collection strong in electricity trading, production and, social and political concerns attached to this industry --The Midwest Book Review
This book will appeal to professionals and academics who wish to understand the organization and operation of electricity markets. It is useful both as general background and as a reference guide to particular institutions . . . The debate over alternative market structures, described in this book, has influenced the design of every wholesale electricity market in the world. --Shaun McRae, Journal of Economic Literature
Table of ContentsContents: 1. Introduction Pippo Ranci and Guido Cervigni 2. Wholesale Electricity Markets Guido Cervigni and Dmitri Perekhodtsev 3. Generation Capacity Adequacy Guido Cervigni, Andrea Commisso and Dmitri Perekhodtsev 4. Congestion Management and Transmission Rights Dmitri Perekhodtsev and Guido Cervigni 5. Competition Policy in the Electricity Industry Guido Cervigni and Dmitri Perekhodtsev 6. Retail Competition Anna Creti and Clara Poletti 7. Climate Change and the Future of the Liberalised Electricity Markets Guido Cervigni Index