Competition and Regulation in Electricity Markets (The International Library of Critical Writings in Economics series, 315)

Featuring an original introduction by the editors, this carefully selected collection of essays explores the main issues surrounding competition and regulation in electricity markets. The industry is experiencing irresistible forces for change driven by energy policy objectives; a reassessment of market regulation in the face of high energy prices and the response to consumer pressure to agree on what constitutes a fair price for energy. This volume identifies the key articles that underpin the debate across the industries supply chain (generation, supply and networks) and from a regulatory perspective (including market power and incentive regulation). The volume then considers the overall impact of liberalisation and future developments.

This timely collection will be an invaluable source of reference for academics, practitioners, students and researchers interested in the field of competition and regulation in energy markets.

42 articles, dating from 1885 to 2013

Contributors include: W. Baumol, S. Borenstein, H. Hotelling, P. Joskow, S. Littlechild, R. Schmalensee, A. Shleifer, G. Stigler, A. Sweeting, L. Weiss