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Electricity Reform In Europe
Towards a Single Energy Market

Edited by Jean-Michel Glachant, Loyola de Palacio Professor for European Energy Policy and Director, Florence School of Regulation, European University Institute, Italy and Professor of Economics, Université Paris-Sud, France and François Lévêque, Professor of Law and Economics, École des mines de Paris, France
Contents:

Foreword: US vs EU Electricity Reforms Achievement
Paul L. Joskow

PART I: PROPOSALS FOR ACHIEVING THE EUROPEAN UNION ELECTRICITY MARKET BY 2009
1. The Electricity Internal Market in the European Union: What to do Next?
Jean-Michel Glachant and François Lévêque

PART II: ASSESSMENT OF CORE ISSUES IN THE MAKING OF THE EUROPEAN UNION ELECTRICITY MARKET
2. Refining Market Design
David Newbery

3. Addressing Market Power and Industry Restructuring
Lars Bergman

4. Harmonizing an Effective Regulation in Europe
Einar Hope and Balbir Singh

5. Ensuring EU Enlargement to New Member States
Christian Von Hirchhausen and Georg Zachmann

6. Investing for Sustainability
Ignacio Pérez-Arriaga and Julián Barquín

7. Policy Assessment and Good Practices
Richard Green, Arturo Lorenzoni, Yannick Pérez and Michael Pollitt

PART III: IN-DEPTH STUDIES OF THREE CHALLENGES FOR THE EUROPEAN UNION ELECTRICITY MARKET (MEASURING MARKET POWER, CONVERGENCE OF WHOLESALE PRICES AND ENERGY POLICY)
8. How Well Can One Measure Market Power in Restructured Electricity Systems?
Yves Smeers

9. The EU Integration of the New Member States’ Electricity Markets – Testing for Wholesale Price Convergence Using the Kalman Filter
Georg Zachmann

10. Long-Term Scenarios for the Strategic Energy Policy of the EU
Pantelis Capros and Leonidas Mantzos

Postface: Design and Regulation of EU Energy Markets – Between Competition Policy and Common Energy Policy
Jorge Vasconcelos

Index
2009 384 pp Hardback 978 1 84720 973 3 £ 95.00 on-line discount £ 85.50
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