Handbook on Electricity Markets

Author: Jean-Michel Glachant; Paul L. Joskow; Michael G. Pollitt
Publisher: Edward Elgar Publishing
ISBN: 9781788979948

Published In: November 2021
Format: Hardback
Jurisdiction: U.K. ? Disclaimer:
Countri(es) stated herein are used as reference only
Paperback Edition ISBN: 9781035312412

List Price: HKD 3,510.00

HKD 3,404.70 Save HKD 105.30 (3%)

Download Order Form

Add to Wishlist
| Add to Compare

Description
Contents

Details

With twenty-two chapters written by leading international experts, this volume represents the most detailed and comprehensive Handbook on electricity markets ever published. It covers all dimensions of electricity markets: wholesale and retail; renewable electricity sources; the electrification of mobility, heating and cooling; and recent innovations such as distributed generation, electrical energy storage, demand response and digital platforms that are disrupting the industry.

The benefits, as well as the limits, of open markets and competition are assessed at the level of underlying principles and with reference to specific cases, including the UK, PJM Interconnection, Texas, Australia, Scandinavia, continental Europe and China.

The details of electricity market designs are analysed and discussed. The book also considers new emerging business models, as well as the impact of electricity sector policy priorities such as universal access and deep decarbonization.

This Handbook is intended to be used and useful. Students and young professionals will find the information they need to enter the field. Researchers, experienced professionals and public decision-makers will get a comprehensive update on the topical issues in electricity markets that will guide them through the important developments the sector is witnessing.

1. Introduction to the Handbook on Electricity Markets

Jean-Michel Glachant, Paul L. Joskow and Michael G. Pollitt

PART I: TAKING STOCK: THE LEGACY

2. Strengths and weaknesses of traditional arrangements for electricity supply

Richard Schmalensee

3. Optimal wholesale pricing and investment in generation: the basics

Paul L. Joskow and Thomas-Olivier L.autier

4. Wholesale electricity market design

Frank A. Wolak

5. The evolution of competitive retail electricity markets

Stephen Littlechild

6. Strengths and weaknesses of the British market model

David Newbery

7. Strengths and weaknesses of the PJM market model

William W. Hogan

8. ERCOT: success (so far) and lessons learned

Ross Baldick, Shmuel S. Oren, Eric S. Schubert and Kenneth Anderson

9. Lessons from Australia’s National Electricity Market 1998–2018: strengths and weaknesses of the reform experience 242

Paul Simshauser

10. Strengths and weaknesses of the Nordic market model

Chlo. Le Coq and Sebastian Schwenen

11. The evolution of the European model for electricity markets

Fabien Roques

PART II: ADAPTING TO NEW TECHNOLOGIES AND NEW POLICY PRIORITIES

12. New technologies on the supply side

Nils May and Karsten Neuhoff

13. New technologies on the demand side

Fereidoon Sioshansi

14. Tools and policies to promote decarbonization of the electricity sector

Kathryne Cleary, Carolyn Fischer and Karen Palmer

15. Shifting supply as well as demand: the new economics of electricity with high renewables

Richard Green

16. The future design of the electricity market

Michael G. Pollitt

17. New business models in the electricity sector

Jean-Michel Glachant

18. Electrifying transport: issues and opportunities

Bentley C. Clinton, Christopher R. Knittel and Konstantinos Metaxoglou

19. Electrification of residential and commercial heating

Mathilde Fajardy and David M. Reiner

20. Harnessing the power of integration to achieve universal electricity access: the case for the Integrated Distribution Framework

Ignacio J. P.rez-Arriaga, Divyam Nagpal, Gr.goire Jacquot and Robert Stoner

21. Reforming China’s electricity industry: national aspiration, bureaucratic empires, local interests

Xu Yi-chong

22. The evolution of electricity sectors in Africa: ongoing obstacles and emerging opportunities to reach universal targets

Vivien Foster, Anton Eberhard and Gabrielle Dyson

Index

Browse Books

Handbook on Electricity Markets

Free delivery Hong Kong?

Details

You may also be interested in these books:

What Our Customers Say?

Browse Books

Handbook on Electricity Markets

Free delivery Hong Kong?

Details

You may also be interested in these books:

What Our Customers Say?

video title