<i>‘This is another phenomenal volume, complementing the previous Handbook of Electricity Markets well. The book takes on both classic and emerging issues in the economics of regulating electricity networks. It will be an essential guide for practitioners, teachers, and students alike.’</i>
- Catherine D. Wolfram, Massachusetts Institute of Technology, USA,
<i>‘The Handbook, deep diving into network and retail regulation, explores the journey to the present state and the road ahead in the context of energy transition and net zero. It highlights what has been done so far and what is required to be done in the backdrop of increasing complexity and the need to promote innovation and mitigate uncertainty. The Handbook is a must-read for professionals and policymakers.’</i>
- P.K Pujari (IAS), Former Secretary to Government of India in Ministry of Power and Former Chairperson, Central Electricity Regulatory Commission (CERC), India,
<i>'This excellent Handbook focuses on electricity regulation—what makes markets actually work. It clearly answers three important questions about good regulation, whether it should be the same everywhere, and how to make it work. With expert insights from many countries covering both old and new challenges, it’s essential reading for understanding today’s electricity systems.'</i>
- Chloé Le Coq, University Paris Panthéon-Assas, France,
The regulatory challenges of the energy transition are discussed. These include the need for regulators to incentivise large amounts of investment in conditions of uncertainty and to promote innovation. Deep decarbonisation, via electrification, raises regulatory issues for electric vehicle charging infrastructure and hydrogen networks.
The book also considers the state of electricity regulation in China, India and smaller lower and middle income countries. These jurisdictions have underdeveloped regulatory systems which can benefit from learning from more advanced regulatory systems as long as there is sufficient adaptation to local contexts.
The Handbook is intended to be used by those with direct interests in electricity regulation. Students and young professionals will find the information they need to enter the field in a single source. Researchers, experienced professionals and public decision-makers will get a comprehensive update on topical issues in electricity regulation. This will help them make sense of a sector that is undergoing profound change at the same time as the public policy motivations for regulation are not diminishing.