Designing Competitive Electricity Markets: International Series in Operations Research & Management Science, cartea 13

1 Introduction: Economic and Technological Principles in Designing Power Markets.- 2 Restructuring, Competition and Regulatory Reform in the U.S. Electricity Sector.- 3 Nodes and Zones in Electricity Markets: Seeking Simplified Congestion Pricing.- 4 Ownership Structure, Contracting and Regulation of Transmission Services Providers.- 5 Authority and Responsibility of the ISO: Objectives, Options and Tradeoffs.- 6 Pricing Issues.- 7 Deregulating Electric Power: Market Design Issues and Experiments.- 8 Binding Constraints of Electricity Restructuring: An Inventory.- 9 Investing in Transmission Facilities- Why, by Whom, for Whom.- 10 The Role of Research and New Technology in a Restructured Networked Energy System.- 11 Design Principles.- 12 An Institutional Design for an Electricity Contract Market with Central Dispatch.

`Pigou vs. Coase. The intellectual fight about the structure of the electricity transmission industry also involves disputes over how centralized or decentralized the transmissiom market can be. Designing Competitive Electricity Markets is an excellent source of insight about these arguments. This book contains thoughtful essays by a who's who of academic electricity experts, including Paul Joskow, Schmuel Oren, William Hogan, Vernon Smith, Robert Wilson, and Hung-po Chao.'
Regulation, 23:3
` This is a rich book on the subject of how to design competitive electricity markets that ranges in style form survey papers of the literature. It provides a good introduction to the subject and will allow readers to familiarise themselves with many of the basic arguments behind the details of electricity market design.'
The Journal of Energy Literature 7:1 (2001)