Energy in a Competitive Market

Energy in a Competitive Market
Author: Colin Robinson
Publisher: University of Pennsylvania Press
Total Pages: 274
Release: 2003
Genre: Competition
ISBN: 9781840647983

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Covering a wide and fascinating selection of topics incorporating the whole spectrum of energy economics, this book examines the belief that markets are the key to the effective allocation of resources, a notion which arguably applies as much to energy as it does to any other commodity. In particular it focuses on several pertinent issues including: competition and regulation in gas and electricity; comparative efficiency analysis in electricity regulation; UK coal in competitive markets; vertical integration in the oil industry; cluster developments in the UK continental shelf; modelling underlying energy demand trends; and emissions targets, environmental Kuznets curves and incentive mechanisms.

Competitive Electricity Markets

Competitive Electricity Markets
Author: Fereidoon Sioshansi
Publisher: Elsevier
Total Pages: 625
Release: 2011-10-10
Genre: Technology & Engineering
ISBN: 0080557716

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After 2 decades, policymakers and regulators agree that electricity market reform, liberalization and privatization remains partly art. Moreover, the international experience suggests that in nearly all cases, initial market reform leads to unintended consequences or introduces new risks, which must be addressed in subsequent “reform of the reforms. Competitive Electricity Markets describes the evolution of the market reform process including a number of challenging issues such as infrastructure investment, resource adequacy, capacity and demand participation, market power, distributed generation, renewable energy and global climate change. Sequel to Electricity Market Reform: An International Perspective in the same series published in 2006 Contributions from renowned scholars and practitioners on significant electricity market design and implementation issues Covers timely topics on the evolution of electricity market liberalization worldwide

Energy in a Competitive Market

Energy in a Competitive Market
Author: Lester C. Hunt
Publisher:
Total Pages: 0
Release: 2003
Genre: Competition
ISBN: 9781781950364

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This fine collection of original essays is in recognition of Colin Robinson, who has been at the forefront of thinking in energy economics for over 30 years. Energy in a Competitive Market brings together both prominent academics and practitioners to hono

Making Competition Work in Electricity

Making Competition Work in Electricity
Author: Sally Hunt
Publisher: John Wiley & Sons
Total Pages: 467
Release: 2002-10-01
Genre: Business & Economics
ISBN: 0471266027

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An expert's perspective on how competition can make this industry work. There has never been a coherent plan to restructure the electricity industry in the USâ??until now. Power expert Sally Hunt gets down to the critical lessons learned from the California power crisis and other deregulated markets, in which competition has been introduced properly and successfully. Hunt presents sensible solutions to power market reform that have been cultivated over her twenty years of professional work in the industry. Sally Hunt (New York, NY) spent twenty years at National Economic Research Associates, where she was head of NERA's U.S. energy practice and a member of the board. Coauthor of Competition and Choice in Electricity with Graham Shuttleworth (0471957828), she has served as Corporate Economist at Con Edison, Deputy Director of the New York City Energy Office, and Assistant Administrator of the New York City Environmental Protection Administration. Over the years, financial professionals around the world have looked to the Wiley Finance series and its wide array of bestselling books for the knowledge, insights, and techniques that are essential to success in financial markets. As the pace of change in financial markets and instruments quickens, Wiley Finance continues to respond. With critically acclaimed books by leading thinkers on value investing, risk management,asset allocation, and many other critical subjects, the Wiley Finance series provides the financial community with information they want. Written to provide professionals and individuals with the most current thinking from the best minds in the industry, it is no wonder that the Wiley Finance series is the first and last stop for financial professionals looking to increase their financial expertise.

Valuation, Hedging and Speculation in Competitive Electricity Markets

Valuation, Hedging and Speculation in Competitive Electricity Markets
Author: Petter L. Skantze
Publisher: Springer Science & Business Media
Total Pages: 220
Release: 2012-12-06
Genre: Technology & Engineering
ISBN: 146151701X

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The challenges currently facing particIpants m competitive electricity markets are unique and staggering: unprecedented price volatility, a crippling lack of historical market data on which to test new modeling approaches, and a continuously changing regulatory structure. Meeting these challenges will require the knowledge and experience of both the engineering and finance communities. Yet the two communities continue to largely ignore each other. The finance community believes that engineering models are too detailed and complex to be practically applicable in the fast changing market environment. Engineers counter that the finance models are merely statistical regressions, lacking the necessary structure to capture the true dynamic properties of complex power systems. While both views have merit, neither group has by themselves been able to produce effective tools for meeting industry challenges. The goal of this book is to convey the fundamental differences between electricity and other traded commodities, and the impact these differences have on valuation, hedging and operational decisions made by market participants. The optimization problems associated with these decisions are formulated in the context of the market realities of today's power industry, including a lack of liquidity on forward and options markets, limited availability of historical data, and constantly changing regulatory structures.

Competition in the Electric Industry

Competition in the Electric Industry
Author: National Research Council
Publisher: National Academies Press
Total Pages: 98
Release: 1996-12-27
Genre: Science
ISBN: 0309056810

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Global Energy

Global Energy
Author: Jae Edmonds
Publisher: Oxford University Press, USA
Total Pages: 342
Release: 1985
Genre: Political Science
ISBN:

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A valuable reference book for anyone involved in energy studies; a detailed and flexible model of world energy production and consumption to use when working on questions relating to energy.

Competition, Contracts and Electricity Markets

Competition, Contracts and Electricity Markets
Author: Jean-Michel Glachant
Publisher: Edward Elgar Publishing
Total Pages: 335
Release: 2011
Genre: Business & Economics
ISBN: 184980480X

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This book fills a gap in the existing literature by dealing with several issues linked to long-term contracts and the efficiency of electricity markets. These include the impact of long-term contracts and vertical integration on effective competition, generation investment in risky markets, and the challenges for competition policy principles. On the one hand, long-term contracts may contribute to lasting generation capability by allowing for a more efficient allocation of risk. On the other hand, they can create conditions for imperfect competition and thus impair short-term efficiency. The contributors – prominent academics and policy experts with inter-disciplinary perspectives – develop fresh theoretical and practical insights on this important concern for current electricity markets. This highly accessible book will strongly appeal to both academic and professional audiences including scholars of industrial, organizational and public sector economics, and competition and antitrust law. It will also be of value to regulatory and antitrust authorities, governmental policymakers, and consultants in electricity law and economics.

The Competitive Market for Energy

The Competitive Market for Energy
Author: Power and Process Industries Divisions. Energy Committee
Publisher:
Total Pages:
Release: 1997
Genre:
ISBN:

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