Electricity Reform in Europe: Towards a Single Energy Market
Author(s): Jean-Michel Glachant (Editor), François Lévêque
Publisher: Edward Elgar Publishing
Publication Date: April 27, 2009
Language: English
Print length: 384 pages
ISBN-10: 1847209734
ISBN-13: 9781847209733
Book Description
The realisation of a European internal market for energy is still a work in progress. Written by leading European scholars and discussed with major energy stakeholders, this book presents a thorough analysis of the motives and methods needed to achieve a single European energy market.
The authors discuss the critical issues surrounding an internal European energy market including: market design, competition and market power, sustainable energy versus the market, regulation and harmonisation, benchmarking and indicators, modelling of competition, market prices and energy forecasts. They provide a multi-disciplinary assessment of the ‘best way’ to build the market base of a future European energy policy.
Electricity Reform in Europe will be of great interest to decision makers and managers in the energy industry or business sector as they will be able to see the whole European energy policy ‘picture’ beyond their own corporate interests. The book will also appeal to national and European energy administrations, regulatory bodies and policy makers providing a synthesis of all relevant policy issues.
Editorial Reviews
Review
‘. . . this volume comes across as one of the most profound sources on the specifics of European electricity market restructuring.’ — Christof Duthaler, Competition and Regulation in Network Industries
‘The SESSA study on the Internal Energy Market was an important and influential contribution towards the Commission’s proposal for a third package of proposals, intending to bring more effective competition and better security of supply to Europe’s energy markets. This volume, based on the results of the study is an important and welcome contribution to the ongoing debate on these proposals.’ — Andris Piebalgs, Commissioner for Energy at the European Commission
‘The chapters in this book are written by the leading European scholars who have studied the structure, behavior and performance of liberalised electricity markets in many European countries as well as in other regions of the world. Both the analyses and the policy recommendations contained in this volume are well worth careful consideration by policymakers in Europe, as well as by policymakers in other countries that are seeking to adopt successful electricity sector liberalisation programs.’ — From the foreword by Paul L. Joskow, Massachusetts Institute of Technology, US
‘Dynamism or dissipation? Competition or national champions? Will enlargement promote or delay reform? Energy economists contemplate the challenges posed by the “restless and discontent” European Commission.’ — Stephen Littlechild, University of Birmingham and Judge Institute for Management Studies, University of Cambridge, UK
About the Author
Edited by Jean-Michel Glachant, Professor, Florence School of Regulation, EUI, Florence and Advisor, Technology University POLITO, Turin, Italy and François Lévêque, Professor of Law and Economics, École des mines de Paris, France
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