Electricity Market Reform: An International Perspective
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BeschreibungSince 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
InhaltsverzeichnisForeword (S. Littlechild). Introduction (P.L. Joskow). Part 1. What's wrong with the status quo? 1. Why restructure electricity markets? (F.S. Sioshansi). 2. Sector-specific market power regulation vs. general competition law: Criteria for judging competitive vs. regulated markets (G. Knieps). Part 2. Trailblazers. 3. Chile: Where it all started (R. Raineri). 4. Electricity liberalization in Britain and the evolution of market design (D. Newbery). 5. The Nordic Market: Robust by design? (E. Amundsen, N.H. von der Fehr, L. Bergman). Part 3. Evolving markets. 6. The electricity industry in Australia: Problems along the way to a national electricity market (A. Moran). 7. Restructuring of the New Zealand electricity sector, 1984-2005 (G. Bertram). 8. Energy policy and investment in the German power market (G. Brunekreeft, D. Bauknecht). 9. Competition in the continental European electricity market: Despair of work in progress? (R. Haas, J.M. Glachant, N. Keseric, Y. Perez). Part 4. Nort America, New World, New Challenges. 10. California electricity restructuring, the crisis, and its aftermath (J.L. Sweeney). 11. Texas: The most robust competitive martket in North America (P. Adib, J. Zarinkau). 12. Electricity restructuring in Canada (M. Trebilcock). 13 The PJM Market (J. Bowring). 14. Independent system operators in the United States: History, lesseons learned, and prospects (R. O'Neill, U. Helman, B. Hobbs, R. Baldick). 15. Competitive retail power markets and default service (T. Tschamler). Part 5: Other markets. 16. The case of Brasil: Reform by trial and error? (J.L. R. Hermes de Arauja). 17. Understanding the Argentinian and Colombian electricity markets (I. Dyner, S. Arango, E.R. Larsen). 18. A new stage of electricity liberalization in Japan: Issues and expectations (M. Goto, M. Yajima).
PortraitDr. 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.
Untertitel: 'Elsevier Global Energy Policy'. Sprache: Englisch.
Verlag: ELSEVIER SCIENCE & TECHNOLOGY
Erscheinungsdatum: Juni 2006
Seitenanzahl: 656 Seiten