001453957 000__ 04439cam\a22005417i\4500 001453957 001__ 1453957 001453957 003__ OCoLC 001453957 005__ 20230314003454.0 001453957 006__ m\\\\\o\\d\\\\\\\\ 001453957 007__ cr\cn\nnnunnun 001453957 008__ 230117s2022\\\\sz\a\\\\ob\\\\001\0\eng\d 001453957 019__ $$a1357017687 001453957 020__ $$a9783031165719$$qelectronic book 001453957 020__ $$a3031165713$$qelectronic book 001453957 020__ $$z9783031165702 001453957 020__ $$z3031165705 001453957 0247_ $$a10.1007/978-3-031-16571-9$$2doi 001453957 035__ $$aSP(OCoLC)1360429872 001453957 040__ $$aGW5XE$$beng$$erda$$epn$$cGW5XE$$dEBLCP$$dOCLCQ$$dYDX$$dUKAHL 001453957 049__ $$aISEA 001453957 050_4 $$aHD9502.A2$$bM85 2022 001453957 08204 $$a343.09/29$$223/eng/20230117 001453957 1001_ $$aMulder, Machiel,$$eauthor.$$1https://isni.org/isni/0000000048557423 001453957 24510 $$aRegulation of energy markets :$$beconomic mechanisms and policy evaluation /$$cMachiel Mulder. 001453957 250__ $$aSecond edition. 001453957 264_1 $$aCham :$$bSpringer,$$c2022. 001453957 300__ $$a1 online resource (1 volume) :$$billustrations 001453957 336__ $$atext$$btxt$$2rdacontent 001453957 337__ $$acomputer$$bc$$2rdamedia 001453957 338__ $$aonline resource$$bcr$$2rdacarrier 001453957 4901_ $$aLecture notes in energy ;$$vvolume 80 001453957 504__ $$aIncludes bibliographical references and index. 001453957 5050_ $$aEconomic Analysis of Energy Markets: An Introduction -- Energy Carriers and Supply Chains -- Energy Markets and Energy Policies -- Microeconomic Perspective on Regulating Energy Markets -- Information Asymmetry in Retail Energy Markets -- Natural Monopoly in Transport and Distribution -- Reliability of Energy Supply as Semi-Public Good -- Externalities in Production and Consumption in Energy Markets -- Market Power in Wholesale and Retail Energy Markets -- International Restrictions on Trade in Energy -- Distributional Effects and Equity Concerns in Energy Markets -- Regulating Energy Markets: Concluding Remarks. 001453957 506__ $$aAccess limited to authorized users. 001453957 520__ $$aThis textbook explains the main economic mechanisms behind energy markets and assesses how governments can implement policies to improve these markets' performance. Adopting a microeconomic perspective, it systematically analyses the various types of market failures on the electricity and gas markets as well as coal, oil, hydrogen and heat markets in order to identify government policies that can improve welfare. Critical factors in this regard include the natural monopoly and the public-goods character of energy infrastructures; market power structures resulting from inflexibility of supply and demand; international trade restrictions; negative externalities concerning the use of fossil energy; positive externalities concerning innovative new energy technologies; information asymmetries with regard to the product characteristics of energy commodities; and other public concerns, such as energy poverty. In turn, readers will learn about various measures that governments can use to address these market failures, including incentive regulations for electricity grids; international integration of wholesale energy markets; environmental regulatory measures like emissions trading schemes; subsidy schemes for new technologies; green-energy certificate schemes; and energy taxes. This second, updated and expanded edition addresses recent developments in international energy markets that have resulted in extremely high prices and concerns about the markets' ability to provide a secure energy supply. Further, it examines several countries' intensified measures to implement the transition to a low-carbon energy system. Given its scope, the book will appeal to upper-undergraduate and graduate students from various disciplines who want to learn more about the economics and regulation of energy systems and markets. 001453957 588__ $$aDescription based on print version record. 001453957 650_0 $$aElectric utilities$$xGovernment policy. 001453957 650_0 $$aElectric utilities$$xLaw and legislation. 001453957 650_0 $$aTrade regulation. 001453957 655_0 $$aElectronic books. 001453957 77608 $$iPrint version:$$aMulder, Machiel.$$tRegulation of energy markets.$$bSecond edition.$$dCham : Springer, 2022$$z9783031165702$$w(OCoLC)1348995120 001453957 830_0 $$aLecture notes in energy ;$$v80. 001453957 852__ $$bebk 001453957 85640 $$3Springer Nature$$uhttps://univsouthin.idm.oclc.org/login?url=https://link.springer.com/10.1007/978-3-031-16571-9$$zOnline Access$$91397441.1 001453957 909CO $$ooai:library.usi.edu:1453957$$pGLOBAL_SET 001453957 980__ $$aBIB 001453957 980__ $$aEBOOK 001453957 982__ $$aEbook 001453957 983__ $$aOnline 001453957 994__ $$a92$$bISE