<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,

With twenty-two chapters written by leading international experts, this volume represents the most detailed and comprehensive Handbook on electricity regulation ever published. The volume covers the existing state of best-practice regulation in the US, UK, the European Union and Australia, for both electricity transmission, electricity distribution and retail electricity.



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.

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Contents 1 Introduction to the Handbook on Electricity Regulation 1 Jean-Michel Glachant, Paul L. Joskow, and Michael G. Pollitt FOUNDATIONS OF ELECTRICITY REGULATION AND RECENT REFORMS 2 Designing incentive regulation in the electricity sector 18 David P. Brown and David E.M. Sappington 3 Cost-of-service regulation of electricity distribution services in the US 44 Paul L. Joskow and Richard Schmalensee 4 Regulated distribution sector facing the future – the GB experience 68 Cloda Jenkins 5 Regulated distribution sector facing the future: trends in the European Union 101 Christine Brandstätt and Jean-Michel Glachant 6 Regulation of access, pricing, and planning of high-voltage transmission in the US 121 Joe DeLosa III, Johannes P. Pfeifenberger, and Paul L. Joskow 7 Regulation of access, fees and investment planning of transmission in Great Britain 155 David Newbery 8 The regulatory landscape and investment planning for transmission in the EU 182 Paul Nillesen, Otto Jager and Joost Ornée 9 The regulation of electricity networks in Australia’s National Electricity Market: user charges, investment and access 201 Paul Simshauser 10 Retail rate design in the US: time-varying rates for residential customers 233 Ahmad Faruqui and Ziyi Tang 11 Economics of energy efficiency 256 Kenneth Gillingham and Erica Myers REGULATORY MECHANISMS TO GUIDE THE TRANSITION TO NET ZERO 12 The grid of the future and what regulators need to know about it 271 Janusz Bialek and Mark O’Malley 13 Decarbonizing the US electricity grid: policy and regulatory frameworks and challenges 287 Judy W. Chang and Henry Lee 14 Regulating European distribution systems to achieve net zero: untapping flexibility efficiently 313 Tim Schittekatte 15 “Behind the meter” developments 336 Fereidoon Sioshansi 16 Uncertainty, regulation and the pathways to net zero 353 Michael G. Pollitt, Daniel Duma and Andrei Covatariu 17 How can regulated electricity network companies promote innovation? Lessons from the field of practice 373 Leonardo Meeus and Nicolò Rossetto 18 Regulation of hydrogen networks and potential market structure 388 Chi Kong Chyong and Jackson R. Dalman 19 Challenges to expanding EV adoption and policy responses 407 Christopher R. Knittel and Shinsuke Tanaka NON-OECD COUNTRIES 20 Power sector reform in China: economic logic and political reasoning 451 Xu Yi-chong 21 Regulation of transmission, distribution and retail in India 475 Anupama Sen and Tooraj Jamasb 22 Distinctive regulatory challenges in developing countries 506 Debabrata Chattopadhyay and Vivien Foster
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Produktdetaljer

ISBN
9781035314348
Publisert
2025-06-27
Utgiver
Edward Elgar Publishing Ltd
Høyde
244 mm
Bredde
169 mm
Aldersnivå
P, 06
Språk
Product language
Engelsk
Format
Product format
Innbundet
Antall sider
558

Biografisk notat

Edited by Jean-Michel Glachant, Professor, Florence School of Regulation, EUI, Florence and Advisor, Technology University POLITO, Turin, Italy, Paul L. Joskow, Elizabeth and James Killian Professor of Economics Emeritus, Department of Economics, Massachusetts Institute of Technology, USA and Michael G. Pollitt, Professor of Business Economics, Judge Business School, University of Cambridge, UK