Electricity market reform has fundamentally changed the environment for maintaining reliable and secure power supplies, creating a more integrated and dynamic network environment with new real-time challenges for reliable and secure transmission system operation. But despite these fundamental...

Contents: Introduction -- Part I - How to trade and transport electricity across national borders? -- 1. Why did we start with electricity markets in Europe? -- 2. Who gets the rights to trade across borders? -- 3. How to calculate border trade constraints? -- 4. Who pays for the network when...

Nowadays most consumers are aware of the European dimensions of their electricity supply. But what ideas lie behind this European network? In constructing electricity networks, Europe performed a Janus-faced function. On the one hand, a European network would bolster economic growth and peace....