
Evolution of Global Electricity Markets
New paradigms, new challenges, new approaches
- 1st Edition - June 10, 2013
- Imprint: Academic Press
- Author: Fereidoon Sioshansi
- Language: English
- Paperback ISBN:9 7 8 - 0 - 1 2 - 8 1 0 0 5 5 - 4
- Hardback ISBN:9 7 8 - 0 - 1 2 - 3 9 7 8 9 1 - 2
- eBook ISBN:9 7 8 - 0 - 1 2 - 3 9 7 9 0 6 - 3
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 ex… Read more

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Request a sales quoteGet 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.
- Features a unique global perspective from more than 40 recognized experts and scholars around the world, offering opportunities to compare and contrast a wide range of market structures
- Analyzes how the implementation of existing and developing market designs impacts real-world issues such as pricing and reliability
- Explains the latest thinking on timely issues such as current market reform proposals, restructuring, liberalization, privatization, capacity and energy markets, distributed and renewable energy integration, competitive generation and retail markets, and disaggregated vs. vertically integrated systems
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
Part I: The Evolution of European Electricity Markets
1-Evolution of British electricity market and the role of policy for the low carbon future
2-Electricity market reform in Britain: Central planning vs. free markets
3The French paradox: Competition, nuclear rent and price regulation
4-Turnaround in rough sea: The German electricity market
5-The growing impact of renewable energy in European electricity markets
6-Renewable energy, efficient electricity networks and sector-specific market power regulation
7-From niche to mainstream: The evolution of renewable energy in the German electricity market
8-The challenges of electricity market regulation in the European Union
Part II: The evolution of electricity markets in Americas
9-The evolution of the PJM capacity market: Does it address the revenue sufficiency problem?
10-Texas electricity market: Getting better
11-From the brink of abyss to a green, clean and smart future: The evolution of California’s electricity market
12-Unfinished business: The evolution of US competitive retail electricity markets
13-Fragmented markets: Canadian electricity sectors' underperformance
14-The integration of Latin American energy markets: An outstanding dilemma
Part III: The evolution of BRICs electricity markets
15-Evolution of electricity market in Brazil
16-The Russian electricity market reform: Towards the re-regulation of the liberalized
17-Not seeing the wood for the trees? Electricity market reform in India
18-Reform postponed: The evolution of China’s electricity markets
Part IV: The evolution of electricity markets in Australasia
19-Evolution of Australia’s national electricity market
20-Is electricity industry reform the right answer to the wrong question? Lessons from Australian restructuring and climate policy
21-Weak regulation, rising margins, and asset revaluations: New Zealand’s failing experiment in electricity reform
22-The Korean electricity market: Stuck in transition
23-After Fukushima: The evolution of Japanese electricity market
24-The Singapore electricity market: From partial to full competition
25-Market design for variable generation
- Edition: 1
- Published: June 10, 2013
- Imprint: Academic Press
- No. of pages: 880
- Language: English
- Paperback ISBN: 9780128100554
- Hardback ISBN: 9780123978912
- eBook ISBN: 9780123979063
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