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 i

There is a need for fundamental changes in the ways society views electric energy. Electric energy must be treated as a commodity which can be bought, sold, and

Recent developments in the electricity sector, including the recent privatization in the UK, have inspired utility planners and regulators around the world to r

Electricity markets are being deregulated or face new regulatory frameworks. In such changing markets, new pricing strategies will need to consider such factors

Explains the economics of electricity at each step of the supply chain: production, transportation and distribution, and retail.