This booklet gives an introduction to the issues raised by regulatory reform of the electricity sector. The sector is undergoing change worldwide. A key objective of reform is to improve efficiency in order to reduce prices for electricity consumers. More competitive power markets are required...

This report systematically examines the key points for natural gas liberalisation and regulatory reform in Europe and the United States over the past decades. It addresses market design, third-party access, capacity allocation, trading centre formation, pipeline tariff setting, and regulatory...

The countries of Continental Europe have started the process of reforming their natural gas markets. This book sets the context for, and considers the issues raised by, these reforms. It also analyses the key elements of effective reform, such as third party access to the gas infrastructure....

The reform of the electricity supply industry is gathering pace in many countries. Independent regulatory agencies and other regulatory bodies have been created, and regulatory responsibilities redefined. This book reviews the evolving institutional structures to regulate the electricity supply...

The Model Framework proposes principles for addressing twenty-nine key issues associated with regulating CCS, based on the work of early-movers such as Australia, Europe and the United States, to assist national and regional CCS regulatory framework development. For each issue, an explanation is...

"Re-powering" refers to the process of replacing older power stations with ones that are more efficient and more powerful, but the term also lends itself to market design. To facilitate the transition to a low-carbon economy, electricity markets will need to be "re-powered": older market...