Competition, Contracts and Electricity Markets

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Competition, Contracts and Electricity Markets

Competition, Contracts and Electricity Markets
Categories :"Business & Economics"
Author By :"Jean-Michel Glachant","Dominique Finon","Adrien De Hauteclocque"
Published Date : 2011
Published by : Edward Elgar Publishing
Books Language : en

Description

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 liberalization of the \u003cb\u003eelectricity\u003c/b\u003e industry has transformed the allocation of \u003cbr\u003e\ninvestment risk among the different stakeholders, as investors now bear most of \u003cbr\u003e\nthe investment risks. \u003cb\u003eElectricity\u003c/b\u003e and \u003cb\u003efuel\u003c/b\u003e price risks – and in Europe carbon \u003cbr\u003e\nemission ...

This Book was ranked 27 by Google Books for keyword Gas Electricity.

Reference

1. Gas/Electricity
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5. Cord Blood

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