Main description: Seit 1998 sind wettbewerblich organisierte Energiemärkte Wirklichkeit geworden. Vor allem die Initiativen der Europäischen Union haben dazu geführt, daß die alten Monopolstrukturen aufgelöst worden sind und sich die Anbieter auf Strom- und in Zukunft auch auf Gasmärkten...

In 2005, China added the equivalent of all the power plants in Norway and Sweden to its electricity generating capacity - and its remarkable demand growth shows no sign of abating. But how can the government best assure affordable and environmentally sustainable electricity supply in the future?...

1. Introduction / Pippo Ranci and Guido Cervigni -- 2. Wholesale electricity markets / Guido Cervigni and Dmitri Perekhodtsev -- 3. Generation capacity adequacy / Guido Cervigni, Andrea Commisso and Dmitri Perekhodtsev -- 4. Congestion management and transmission rights / Dmitri Perekhodtsev and...

Following the liberalization of EU energy markets, more than three hundred gas and electricity companies entered the market to substitute state-run monopolies. A sizeable shift has taken place within the European energy sector, one that remains only partially understood at best. Focusing on the...