http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
1 online resource (xxix, 656 pages) : illustrations
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.
Foreword -- Introduction -- I. What's Wrong with the Status Quo? -- 1. Why Restructure Electricity Markets? -- 2. Sector-specific Market Power Regulation vs. General Competition Law -- 3. Chile: Where It All Started -- 4. Electricity Liberalization in Britain and the Evolution of Market Design -- 5. The Nordic Market: Robust by Design? -- III. Evolving Markets -- 6. The Electricity Industry in Australia: Problems Along the Way to a National Electricity Market -- 7. Restructuring of the New Zealand Electricity Sector, 1984-2005 -- 8. Energy Policy and Investment in the German Power Market -- 9. Competition in the Continental European Electricity Market: Despair of Work in Progress? -- IV. North America, New World, New Challenges -- 10. California Electricity Restructuring, the Crisis, and Its Aftermath -- 11. Texas: The Most Robust Competitive Market in North America -- 12. Electricity Restructuring in Canada -- 13. The PJM Market -- 14. Independent System Operators in the United States: History, Lessons Learned, and Prospects -- 15. Competitive Retail Power Markets and Default Service -- V. Other Markets -- 16. The Case of Brasil: Reform by Trial and Error? -- 17. Understanding the Argentinian and Colombian Electricity Markets -- 18. A New Stage of Electricity Liberalization in Japan: Issues and Expectations.
Why restructure electricity markets? / Fereidoon P. Sioshansi and Wolfgang Pfaffenberger -- Sector-specific market power regulation versus general competition law : criteria for judging competitive versus regulated markets / Günter Knieps -- Chile : where it all started / Ricardo Raineri -- Electricity liberalization in Britain and the evolution of market design / David Newbery -- The Nordic electricity market : robust by design? / Eirik S. Amundsen, Lars Bergman and Nils-Henrik M. von der Fehr -- The electricity industry in Australia : problems along the way to a national electricity market / Alan Moran -- Restructuring the New Zealand electricity sector 1984-2005 / Geoff Bertram -- Energy policy and investment in the German power market / Gert Brunekreeft and Dierk Bauknecht -- Competition in the continental European electricity market : despair or work in progress? / Reinhard Haas [and others] -- California electricity restructuring, the crisis, and its aftermath / James L. Sweeney -- Texas : the most robust competitive market in North America / Parviz Adib and Jay Zarnikau -- Electricity restructuring in Canada / Michael J. Trebilcock and Roy Hrab -- The PJM market / Joseph Bowring -- Independent system operators in the USA : history, lessons learned, and prospects / Richard O'Neill [and others] -- Competitive retail power markets and default service : the US experience / Taff Tschamler -- The case of Brazil : reform by trial and error? / João Lizardo R. Hermes de Araújo -- Understanding the Argentinean and Colombian electricity markets / Isaac Dyner, Santiago Arango and Erik R. Larsen -- A new stage of electricity liberalization in Japan : issues and expectations / Mika Goto and Masayuki Yajima.
edited by Fereidoon P. Sioshansi and Wolfgang Pfaffenberger.
Includes bibliographical references and index.
Elsevier global energy policy and economics series
132408:132516 Elsevier Science & Technology