Competition, contracts and electricity markets : a new perspective

Select an Action

Title:

Author:

Glachant, Jean-Michel.

ISBN:

9781849804790

Publication Information:

Cheltenham, UK ; Northampton, Mass. : Edward Elgar, c2011.

Physical Description:

xvi, 312 p. : ill. ; 24 cm.

Series:

Loyola de Palacio series on European energy policy

Loyola de Palacio series on European energy policy.

Contents:

Energy Security and Long Term Arrangements / Long Term Contracts and Technology Choices in Electricity Markets / Investment and Competition in Decentralized Electricity Markets : How to Overcome Market Failure by Market Imperfections? / Comparison of Long Term Contracts and Vertical Integration in Decentralized Electricity Markets / Vertical Relations and Energy Networks: Selected Issues / Imperfect Competition and Long-term Contracts in Electricity Markets, Some Lessons from Theoretical Models / Long-term Contracts in Electricity Markets : Long-term Contracting and Risk Management from the Point of View of a Large Consumer / Competition and Long-term Contracts in the Dutch Electricity Market / Long-term Contracts and Competition Policy in European Energy Markets / Long Term Contracts and State Aid : A New Application of the EU State Aid Regime or a Special Case? / The Essential Facilities Doctrine in European Competition Policy : The Case of the Energy Sector / Efficiency, Competition and Long Term Contracts in Electricity Markets : Summary and Conclusions of the Workshop Organized by the GIS LARSEN and the Loyola de Palacio Program of the European University Institute, Florence 15-16 January 2009

Subject Term:

Electric utilities -- Europe.

Electric utilities -- Government policy -- Europe.

Trade regulation -- Europe.

Letting of contracts -- Europe.

Added Author:

Glachant, Jean-Michel.

Finon, Dominique.

De Hauteclocque, Adrien.

Copies:

Available:*

Library	Material Type	Item Barcode	Shelf Number	Copy	Status
Searching... 1:IIEMSA	1:GEN-BOOK	33168025568391	333.7932 G541C 2011	1	Searching... Unknown

Bound With These Titles

On Order

Summary

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.

Contributors: J. Boucher, G. Brunekreeft, D. Finon, J.-M. Glachant, L. Hancher, A. de Hauteclocque, P. Longva, F. Marty, R. Meade, G. Meunier, M. Mulder, S. O'Connor, J. Pillot, F.A. Roques, Y. Smeers