What is a good balance between competition and coordination in network industries? Network unbundling aims to promote … competition, but this has to be balanced against the downside of unbundling: firm-internal coordination falls away and must be … underlined with lessons from (European) electricity and railways. …

The degree of liberalization in OECD electricity markets varies considerably across countries. Commonly explained by … elasticity of power demand) the VAT on electricity. …

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 …