I analyze the ability of capacity payment mechanisms to alleviate underinvestment in electricity generation capacity. I …

We review the different market monitoring and market-power mitigation policies that arise in world electricity markets …. Regulators for electricity markets apparently respond to differences in underlying market structure and design features when … whether there is centralized or bilateral trading. Information-disclosure requirements also are a key element of market …

Should regulation of potentially competitive elements of network utilities be left with sector regulators or solely … more emphasis on making sector regulation consistent with competition law. The paper discusses the appropriateness of the … competition law approach for telecoms and electricity. Post-modern utilities like telecoms, in which facilities-based competition …

The paper surveys the literature and publicly available information on market power monitoring in electricity wholesale … operators with their access to dispatch and system information. Easily accessible and comprehensive data supports effective …

The European Commission proposed to reform the Electricity and Gas Directives to improve access to transmission …, increase cross-border capacity, and fully open the electricity and gas markets. The California electricity crisis has weakened … adequate reserve capacity is risky in a competitive wholesale electricity market without suitable contracts, and unattractive …

-consumer price discrimination; and (iii) inter-product price discrimination, and assess the antitrust liability that these practices … may entail. We also discuss the impact on consumers and competition, as well as potential antitrust liability of bundling …