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  • Handbook on Electricity Markets

    Handbook on Electricity Markets by Glachant, Jean-Michel; Joskow, Paul L.; Pollitt, Michael G.;

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    A termék adatai:

    • Kiadó Edward Elgar Publishing
    • Megjelenés dátuma 2021. november 12.

    • ISBN 9781788979948
    • Kötéstípus Keménykötés
    • Terjedelem672 oldal
    • Méret 244x169 mm
    • Súly 1177 g
    • Nyelv angol
    • 212

    Kategóriák

    Rövid leírás:

    With twenty-two chapters written by leading international experts, this volume represents the most detailed and comprehensive Handbook on electricity markets ever published.

    Több

    Hosszú leírás:

    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.



    'The electricity sector - the backbone of the modern economy - is under tremendous pressure right now. Because of climate change, it is being asked to both grow at a much faster pace than it has historically and, at the same time, fundamentally transform its operations. There is no better time for a comprehensive volume with an all-star list of contributors - hats off to Glachant, Joskow and Pollitt.'

    Több

    Tartalomjegyzék:

    Contents:

    1 Introduction to the Handbook on Electricity Markets 1
    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 13
    Richard Schmalensee
    3 Optimal wholesale pricing and investment in generation: the basics 36
    Paul L. Joskow and Thomas-Olivier L.autier
    4 Wholesale electricity market design 73
    Frank A. Wolak
    5 The evolution of competitive retail electricity markets 111
    Stephen Littlechild
    6 Strengths and weaknesses of the British market model 156
    David Newbery
    7 Strengths and weaknesses of the PJM market model 182
    William W. Hogan
    8 ERCOT: success (so far) and lessons learned 205
    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 287
    Chlo. Le Coq and Sebastian Schwenen
    11 The evolution of the European model for electricity markets 308
    Fabien Roques

    PART II ADAPTING TO NEW TECHNOLOGIES AND NEW POLICY
    PRIORITIES
    12 New technologies on the supply side 332
    Nils May and Karsten Neuhoff
    13 New technologies on the demand side 353
    Fereidoon Sioshansi
    14 Tools and policies to promote decarbonization of the electricity sector 383
    Kathryne Cleary, Carolyn Fischer and Karen Palmer
    15 Shifting supply as well as demand: the new economics of electricity with high
    renewables 408
    Richard Green
    16 The future design of the electricity market 428
    Michael G. Pollitt
    17 New business models in the electricity sector 443
    Jean-Michel Glachant
    18 Electrifying transport: issues and opportunities 463
    Bentley C. Clinton, Christopher R. Knittel and Konstantinos Metaxoglou
    19 Electrification of residential and commercial heating 506
    Mathilde Fajardy and David M. Reiner
    20 Harnessing the power of integration to achieve universal electricity access:
    the case for the Integrated Distribution Framework 540
    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 568
    Xu Yi-chong
    22 The evolution of electricity sectors in Africa: ongoing obstacles and emerging
    opportunities to reach universal targets 595
    Vivien Foster, Anton Eberhard and Gabrielle Dyson

    Index 629

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