Evolution of Global Electricity Markets - by Fereidoon Sioshansi (Hardcover)

Book Synopsis

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.

Review Quotes

"...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