Competitive Electricity Markets, 1st Edition

Readership

Professionals, policy makers/regulators, students, researchers, and investors in the electric power sector, generating companies, distribution companies, manufacturers and suppliers

Competitive Electricity Markets, 1st Edition

Foreword
Dr. Michael Pollitt
Judge Business School and EPRG, University of Cambridge

Preface
Professor Wolfgang Pfaffenberger
Jacobs University Bremen

Introduction
Electricity market reform: Progress and remaining challenges
Fereidoon P. Sioshansi
Menlo Energy Economics

Part One: Market reform evolution

Chapter 1
Reevaluation of vertical integration and unbundling
Dr. Hung-po Chao
ISO New England
Prof. Shmuel Oren
University of California, Berkeley
Prof. Robert Wilson
Stanford University

Chapter 2
Hybrid electricity markets and different patterns of restructuring
Dr. Aad F. Correlje and Dr. Laurens De Vries
Delft University of Technology, The Netherlands

Chapter 3
Achieving electricity market integration in Europe
Nigel Cornwall
Cornwall Energy Consulting, UK

Part Two: Market performance, monitoring and demand participation

Chapter 4
Transmission markets, congestion management & investment
Dr. Harry Singh
FERC

Chapter 5
The design of U.S. wholesale energy and ancillary service auction markets: Theory and practice
Dr. Richard O’Neill & Dr. Udi Helman
FERC
Prof. Ben Hobbs
Johns Hopkins Univ.

Chapter 6
The cost of anarchy in self-commitment based electricity markets
Dr. Ramteen Sioshansi & Professor Shmuel Oren
University of California, Berkeley
Dr. Richard O’Neill
FERC

Chapter 7
Market power & market monitoring
Dr. Parviz Adib
APX
Dr. David Hurlbut
National Renewable Energy Laboratory

Chapter 8
Demand participation in restructured markets
Dr. Jay Zarnikau
Frontier Associates

Part Three: Capacity, resource adequacy and investment

Chapter 9
Resource adequacy: Alternate perspectives and divergent paths
Dr. Parviz Adib
APX
Dr. Eric Schubert
BP Energy Company
Prof. Shmuel Oren
University of California, Berkeley

Chapter 10
The evolution of PJM’s capacity market
Dr. Joseph E. Bowring
PJM Interconnection LLC

Chapter 11
Resource adequacy & efficient infrastructure investment: Evidence from Australia’s National Electricity Market
Dr. Alan Moran
Institute of Public Affairs, Melbourne, Australia
Benjamin S. Skinner
TRUenergy, Melbourne, Australia

Part Four: Market design issues

Chapter 12
Promoting renewable energy: Lessons learned from 20 years of experimentation
Professor Reinhard Haas
Vienna University of Technology, Austria
Professor Dr. Niels I. Meyer
Technical University of Denmark
Anne Held
Fraunhofer Institute for Systems & Innovation Research, Karlsruhe, Germany
Dr. Dominique Finon
Centre International de Recherche pour l’Environnement et le Développement, France
Professor Dr. Arturo Lorenzoni
IEFE, Bocconi University, Italy
Dr. Ryan Wiser
Lawrence Berkeley National Lab, Berkeley, CA
Ken-ichiro Nishio
Central Research Institute of Electric Power Industry, Tokyo, Japan

Chapter 13
Distributed generation and the regulation of electricity networks
Dierk Bauknecht
Oeko-Institut - Institute for Applied Ecology
Professor Gert Brunekreeft
Jacobs University Bremen

Chapter 14
Global climate change and the electric power industry
Professor Andrew Ford
Washington State University

Chapter 15
Reform of the reforms in Brazil: Problems and solutions
Professor João Lizardo R. H. de Araujo
Director General of CEPEL
Agnes Maria de Aragão da Costa, Tiago B. Correia
Ministry of Energy, Brazil
and
Dr. Elbia Melo
Director, Chamber for Electricity Trading, Brazil

Index