Electricity market reform : an international perspective /

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 e...

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Bibliographic Details
Other Authors: Pfaffenberger, W (Wolfgang), Sioshansi, Fereidoon P (Fereidoon Perry), Sioshansi, Fereidoon P
Format: Book
Language:English
Published: Amsterdam ; Boston : Elsevier, c2006
Series:Elsevier global energy policy and economics series
Subjects:
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245 0 0 |a Electricity market reform :  |b an international perspective /  |c edited by Fereidoon P. Sioshansi and Wolfgang Pfaffenberger 
260 |a Amsterdam ;  |a Boston :  |b Elsevier,  |c c2006 
300 |a xxix, 656 p. :  |b ill. ;  |c 25 cm 
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490 1 |a Elsevier global energy policy and economics series 
504 |a Includes bibliographical references and index 
505 0 |a 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 ... [et al.] -- 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 ... [et al.] -- 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 
505 0 |a 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 ... [et al.] -- 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 ... [et al.] -- 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 
505 0 |a 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 / Gunter 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, Jean-Michel Glachant, Nenad Keseric and Yannick Perez -- 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 Canda / Michael J. Trebilcock and Roy Hrab -- The PJM market / Joseph Bowring -- Independent system operations in the USA: history, lessons learned, and prospects / Richard O'Neill, Udi Helman, Benjamin F. Hobbs and Ross Baldick -- Competitive retail power markets and default service: the US experience / Taff Tschamier -- The case of Brazil: reform by trial and error? / Joao Lizardo R. Hermes de Araujo -- 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 
505 0 0 |t Foreword : the market versus regulation /  |r Stephen Littlechild --  |t Introduction to electricity sector liberalization : lessons learned from cross-country studies /  |r Paul L. Joskow --  |g 1  |t Why restructure electricity markets? /  |r Fereidoon P. Sioshansi and Wolfgang Pfaffenberger --  |g 2.  |t Sector-specific market power regulation versus general competition law : criteria for judging competitive versus regulated markets /  |r Gunter Knieps --  |g 3.  |t Chile : where it all started /  |r Ricardo Raineri --  |g 4.  |t Electricity liberalization in Britain and the evolution of market design /  |r David Newbery --  |g 5.  |t The Nordic electricity market : robust by design? /  |r Eirik S. Amundsen, Lars Bergman and Nils-Henrik M. von der Fehr --  |g 6.  |t The electricity industry in Australia : problems along the way to a national electricity market /  |r Alan Moran --  |g 7.  |t Restructuring the New Zealand electricity sector 1984-2005 /  |r Geoff Bertram --  |g 8.  |t Energy policy and investment in the German power market /  |r Gert Brunckreeft and Dierk Bauknecht --  |g 9.  |t Competition in the continental European electricity market : despair or work in progress? /  |r Reinhard Haas, Jean-Michel Glachaut, Neuad Keseric and Yannick Perez --  |g 10.  |t California electricity restructuring, the crisis, and its aftermath /  |r James L. Sweeney --  |g 11.  |t Texas : the most robust competitive market in North America /  |r Parviz Adib and Jay Zarnikau --  |g 12.  |t Electricity restructuring in Canada /  |r Michael J. Trebilcock and Roy Hrab --  |g 13.  |t The PJM market /  |r Joseph Bowring --  |g 14.  |t Independent system operators in the USA : history, lessons learned, and prospects /  |r Richard O'Neill, Udi Helman, Benjamin F. Hobbs and Ross Baldick --  |g 15.  |t Competitive retail power markets and default service : the US experience /  |r Taff Tschamler --  |g 16.  |t The case of Brazil : reform by trial and error? /  |r Joao Lizardo R. Hermes de Araujo -- 
505 8 0 |g 17  |t Understanding the Argentinean and Colombian electricity markets /  |r Isaac Dyner, Santiago Arango and Erik R. Larsen --  |g 18.  |t A new stage of electricity liberalization in Japan : issues and expectations /  |r Mika Goto and Masayuki Yajima. 
520 |a 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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