Introduction -- Shifting from coal to oil : what price security? -- The European coal and steel community -- Moving the margin to the centre : pricing electricity -- Electricity investment : rewarding the past, discounting the future -- Deregulation, privatisation and liberalisation -- Conclusion.

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 realisation of a European internal market for energy is still a work in progress. Written by leading European scholars and discussed with major energy stakeholders, this book presents a thorough analysis of the motives and methods needed to achieve a single European energy market

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