Most OECD countries, and many countries outside the OECD, are now deeply engaged in a reform of their electricity … markets to stimulate competition and improve efficiency. This book considers the key elements of effective reform based on a … review of experiences to date. A converging trend emerges, that emphasises competition in the generation, supply and trade of …

How will the introduction of electricity market competition affect power generation and transmission technology? Which … considers a wide range of options in both generation and transmission. Competition strengthens the search for the most cost …-effective technologies. All electricity generation technologies are affected: those for existing and new plants as well as those for …

This book assesses experience in reforming electricity markets in OECD countries over the past decade, focusing on the … governance required to create effective competition; the role of prices and transparent wholesale markets; consumer protection …

. They produce power on an electricity consumer’s own site or at the local distribution substation and can supply power … local network. In some markets, these plants are displacing more costly grid electricity. Globally, more capacity for …

infrastructure, and the integration with the electricity grid at country level. It analyses the role of European, national, and local …