Contents -- Introduction -- Part I Incentive regulation: aligning the interests of the operators with the interests of their customers -- 1. The British reference model / Vincent Rious and Nicolò Rossetto -- 2. Continental incentive regulation / Vincent Rious and Nicolò Rossetto -- Part II...

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 UK model of incentive regulation of power grids was at one time the most advanced, and elements of it were adopted throughout the EU. This model worked well, particularly in the context of limited investment and innovation, a single and strong regulatory authority, and limited coordination...