Evolution of Global Electricity Markets
New paradigms, new challenges, new approaches
Published on 30. October 2018
Book
Paperback/Softback
880 pages
978-0-12-810055-4 (ISBN)
Description
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.
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.
Reviews / Votes
"...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
More details
Language
English
Place of publication
San Diego
United States
Publishing group
Elsevier Science Publishing Co Inc
Target group
College/higher education
Professional and scholarly
Researchers and post-grad students investigating energy production; Regulators and business professionals working at electric utilities, Policy makers; Economists; Investors; Systems, Power and Electrical Engineers
Illustrations
Approx. 150 illustrations
Dimensions
Height: 229 mm
Width: 152 mm
ISBN-13
978-0-12-810055-4 (9780128100554)
Copyright in bibliographic data is held by Nielsen Book Services Limited or its licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions
Fereidoon Sioshansi
Evolution of Global Electricity Markets
New paradigms, new challenges, new approaches
Book
07/2013
Academic Press
€120.50
Shipment within 15-20 days
Person
Dr. Fereidoon Sioshansi is President of Menlo Energy Economics, a consulting firm based in San Francisco with over 35 years of experience in the electric power sector 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. His professional background includes working at Southern California Edison Co. (SCE), Electric Power Research Institute (EPRI), NERA, and Global Energy Decisions. He is the editor and publisher of EEnergy Informer, a monthly newsletter with international circulation. He is on the Editorial Advisory Board of The Electricity Journal where he is regularly featured in the "Electricity Currents? section. Dr. Sioshansi also serves on the editorial board of Utilities Policy and is a frequent contributor to Energy Policy. Since 2006, He has edited 12 books on related topics with Elsevier.
Content
Part I: The Evolution of European Electricity Markets
Chapter 1Evolution of British electricity market and the role of policy for the low carbon future
Chapter 2Electricity market reform in Britain: Central planning vs. free markets
Chapter 3The French paradox: Competition, nuclear rent and price regulation
Chapter 4Turnaround in rough sea: The German electricity market
Chapter 5The growing impact of renewable energy in European electricity markets
Chapter 6Renewable energy, efficient electricity networks and sector-specific market power regulation
Chapter 7From niche to mainstream: The evolution of renewable energy in the German electricity market
Chapter 8The challenges of electricity market regulation in the European Union
Part II: The evolution of electricity markets in Americas
Chapter 9The evolution of the PJM capacity market: Does it address the revenue sufficiency problem?
Chapter 10Texas electricity market: Getting better
Chapter 11From the brink of abyss to a green, clean and smart future: The evolution of California's electricity market
Chapter 12Unfinished business: The evolution of US competitive retail electricity markets
Chapter 13Fragmented markets: Canadian electricity sectors' underperformance
Chapter 14The integration of Latin American energy markets: An outstanding dilemma
Part III: The evolution of BRICs electricity markets
Chapter 15Evolution of electricity market in Brazil
Chapter 16The Russian electricity market reform: Towards the re-regulation of the liberalized
Chapter 17Not seeing the wood for the trees? Electricity market reform in India
Chapter 18Reform postponed: The evolution of China's electricity markets
Part IV: The evolution of electricity markets in Australasia
Chapter 19Evolution of Australia's national electricity market
Chapter 20Is electricity industry reform the right answer to the wrong question? Lessons from Australian restructuring and climate policy
Chapter 21Weak regulation, rising margins, and asset revaluations: New Zealand's failing experiment in electricity reform
Chapter 22The Korean electricity market: Stuck in transition
Chapter 23After Fukushima: The evolution of Japanese electricity market
Chapter 24The Singapore electricity market: From partial to full competition
Chapter 25Market design for variable generation
Chapter 1Evolution of British electricity market and the role of policy for the low carbon future
Chapter 2Electricity market reform in Britain: Central planning vs. free markets
Chapter 3The French paradox: Competition, nuclear rent and price regulation
Chapter 4Turnaround in rough sea: The German electricity market
Chapter 5The growing impact of renewable energy in European electricity markets
Chapter 6Renewable energy, efficient electricity networks and sector-specific market power regulation
Chapter 7From niche to mainstream: The evolution of renewable energy in the German electricity market
Chapter 8The challenges of electricity market regulation in the European Union
Part II: The evolution of electricity markets in Americas
Chapter 9The evolution of the PJM capacity market: Does it address the revenue sufficiency problem?
Chapter 10Texas electricity market: Getting better
Chapter 11From the brink of abyss to a green, clean and smart future: The evolution of California's electricity market
Chapter 12Unfinished business: The evolution of US competitive retail electricity markets
Chapter 13Fragmented markets: Canadian electricity sectors' underperformance
Chapter 14The integration of Latin American energy markets: An outstanding dilemma
Part III: The evolution of BRICs electricity markets
Chapter 15Evolution of electricity market in Brazil
Chapter 16The Russian electricity market reform: Towards the re-regulation of the liberalized
Chapter 17Not seeing the wood for the trees? Electricity market reform in India
Chapter 18Reform postponed: The evolution of China's electricity markets
Part IV: The evolution of electricity markets in Australasia
Chapter 19Evolution of Australia's national electricity market
Chapter 20Is electricity industry reform the right answer to the wrong question? Lessons from Australian restructuring and climate policy
Chapter 21Weak regulation, rising margins, and asset revaluations: New Zealand's failing experiment in electricity reform
Chapter 22The Korean electricity market: Stuck in transition
Chapter 23After Fukushima: The evolution of Japanese electricity market
Chapter 24The Singapore electricity market: From partial to full competition
Chapter 25Market design for variable generation