Making energy markets : the origins of electricity liberalisation in Europe / Ronan Bolton.
Bolton, Ronan, author.
2021
HD9685.G72 B65 2021
Available Online

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Title Making energy markets : the origins of electricity liberalisation in Europe / Ronan Bolton.
Author Bolton, Ronan, author.
ISBN 9783030900755 (electronic bk.)
3030900754 (electronic bk.)
9783030900748
3030900746
DOI https://doi.org/10.1007/978-3-030-90075-5
Published Cham : Palgrave Macmillan, [2021]
Copyright ©2021
Language English
Description 1 online resource : illustrations (some color)
Item Number 10.1007/978-3-030-90075-5 doi
Call Number HD9685.G72 B65 2021
Dewey Decimal Classification 333.793/20941
Summary Making Energy Markets charts the emergence and early evolution of electricity markets in western Europe, covering the decade from the late 1980s to the late 1990s. Liberalising electricity marked a radical deviation from the established paradigm of state-controlled electricity systems which had become established across Europe after the Second World War. By studying early liberalisation processes in Britain and the Nordic region, and analysing the role of the EEC, the book shows that the creation of electricity markets involved political decisions about the feasibility and desirability of introducing competition into electricity supply industries. Competition introduced risks, so in designing the process politicians needed to evaluate who the likely winners and losers might be and the degree to which competition would impact key national industries reliant on cross-subsidies from the electricity sector, in particular coal mining, nuclear power and energy intensive production. The book discusses how an understanding of the origins of electricity markets and their political character can inform contemporary debates about renewables and low carbon energy transitions. .
Bibliography, etc. Note Includes bibliographical references and index.
Access Note Access limited to authorized users.
Source of Description Online resource; title from PDF title page (SpringerLink, viewed February 18, 2022).
Available in Other Form Print version: 9783030900748
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Introduction
Britain: Inventing competition
Trade-offs: Competition or Cash?
Competition: A work in progress
Europe: The economic logics of trade
National electricity regimes: France and Germany
The political market
Power exchange: Norwegian origins
Constructing a multinational market
Conclusion: Remaking Markets.

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