Liberalizing European Energy Markets
Language: English
Published by Edward Elgar Publishing Ltd, GB, 2008
- Hardcover
- New
Seller: Rarewaves.com USA, London, London, United KingdomRarewaves.com USA
AbeBooks seller since June 11, 2025
Condition: New
£ 175.44
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Add to basketItem description from seller
The vital importance of energy and the challenges associated with it necessitate the efficient structuring of energy markets and well-designed policies. This book presents an economic analysis of the main effects of liberalizing the electricity and natural gas markets across Western Europe. It is based on a state-of-the art detailed numerical simulation model that takes account of the interlinkages between different energy markets. Short-run and long-run effects are identified and the robustness of results is tested. Separate chapters discuss climate policy, renewable energy and the role of Russia. A key finding is that liberalization lowers energy prices and increases consumption, particularly in the electricity markets where prices fall by 25 per cent on average in the short run. Effects are somewhat stronger in the long run, as investment options are utilized. The welfare benefits of liberalization are considerable in the long run. However, liberalization increases emissions of CO2. The welfare costs of fulfilling Western Europe's Kyoto obligations depend highly on the policies implemented, but are at least as large as the benefits of liberalization.This book centres on the effects of the liberalization of European energy markets, given that the liberalization process proceeds as the EU has proposed it. The process thus far has been slow, not least because of considerable resistance from key agents in the market, and the final outcome is not clear.Graduate students and researchers in energy economics, numerical economic modeling and operational research will warmly welcome Liberalizing European Energy Markets. It will also appeal to both energy policymakers and management in the energy industries of Europe. …
Seller Inventory # LU-9781843763741
- Title
- Liberalizing European Energy Markets
- Author
- Rolf Golombek, Knut Einar Rosendahl, Finn Roar Aune, Sverre A.C. Kittelsen
- Publisher
- Edward Elgar Publishing Ltd, GB
- Publication year
- 2008
- Condition
- New
- Binding
- Hardback
- Language
- English
- ISBN 10
- 1843763745
- ISBN 13
- 9781843763741
This book centres on the effects of the liberalization of European energy markets, given that the liberalization process proceeds as the EU has proposed it. The process thus far has been slow, not least because of considerable resistance from key agents in the market, and the final outcome is not clear.
Graduate students and researchers in energy economics, numerical economic modeling and operational research will warmly welcome Liberalizing European Energy Markets. It will also appeal to both energy policymakers and management in the energy industries of Europe.
"Synopsis" may belong to another edition of this title.
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"About the title" may belong to another edition of this title.
Rarewaves.com USA
London, London, United Kingdom
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