Competition in electricity markets / [Ocaña, Carlos].
- Paris : OECD/IEA, 
- Copyright Date:
- Physical Description:
- 160 pages : illustrations ; 30 cm.
- Additional Creators:
- Ocaña, Carlos
International Energy Agency
Organisation for Economic Co-operation and Development
Full Text available online
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- Energy market reform
- INRODUCTION AND EXECUTIVE SUMMARY: A common approach to reform is developing -- A review of reforms to date -- Key issues unbundling -- Key issues empowering the end user -- Key issues meeting security of supply environmental and social goals -- Key issues reforming regulatory insitutions -- designing markets and regulations -- Outlook -- THE BACKGROUND TO REFORM: Defining electricity -- What are the benefits of reform -- what ar the cost of reform -- What is driving reform -- A REVIEW OF ESI REFORM IN OECD COUNTRIES: A brief history -- Early reforms -- Recet reforms -- Preformance -- WHAT MODEL FOR THE ESI: Retail competition -- Alternative approaches -- Retail competition issues -- An assessment -- UNBUNDLING: Why unbundle -- Veritical separation of generation and transmission -- Veritical separation of generation and distribution -- Veritical separation of distribution and end user -- Supply -- MARKETS: Spot electricity markters -- Power exchanges review of the international experience -- Trading outside the pool -- Capacity mechanisms -- Financial markets -- NETWORKS: Means and ends of network regulation -- Short term pricing issue managing congestion -- Setting price levels cost of serice versus incentive regulation -- The insturional framework the role of system operators in investment -- INSITUTIONS AND THE POLICY FRAMEWORK: The need for regulatory institutions to adapt regularoty independence -- A recciew of insitutional approaches -- The important role of competition policy -- Developing a framework for international trade -- The relaitonship with natural gas -- The broader policy framework security of supply -- The broader policy framework the environment -- The broader policy framework social and regional obejctives -- CONCLUSIONS AND OUTLOOK: Consumer choice is the key to reform challenges -- Further change can be expected.
- This book analyses the development of choice and competition in the Electricity Supply Industry (ESI). Drawing on a review of the international experience, it describes the main approaches that are being developed, discusses the key issues in the effective reform of electricity markets and provides an assessment of the emerging approach to reform. The book is written from the perspective of regulators and policy makers. It seeks to answer the question: what is an effective regulatory framework for competition in electricity markets?
- "The main author of the book is Carlos Ocana"--P. 4.
- Bibliography Note:
- Includes bibliographical references (pages 143-150).
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