From conceptual framework to regional prospective modelling -- Regulatory frameworks and cross-border cooperation issues -- Economic barriers, opportunities and incentives -- Sociological interplays : key actors and citizen participation.

The book provides assessments and evaluations of emerging trends in the electricity markets, with a focus on high-renewables electricity systems. Specifically, various issues are examined, such as wind and solar energy, interconnection, smart meters, smart grids of the future (including their...

Contents: Introduction to the handbook on electricity markets / Jean-Michel Glachant, Paul L. Joskow and Michael G. Pollitt -- Part I: Taking stock: the legacy -- 2. Strengths and weaknesses of traditional arrangements for electricity supply / Richard Schmalensee -- 3. Optimal wholesale pricing...

"The electricity sector's reforms aim to modernise its infrastructure, rules, policies, and procedures to allow for more efficiency and for clean energy to have the same playing field in the power competition/wholesale/retail electricity market. This will enable inefficient power to be phased...