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Making energy marketsthe origins of ...

Bolton, Ronan.

Making energy marketsthe origins of electricity liberalisation in Europe /

Record Type:	Electronic resources : Monograph/item
Title/Author:	Making energy marketsby Ronan Bolton.
Reminder of title:	the origins of electricity liberalisation in Europe /
Author:	Bolton, Ronan.
Published:	Cham :Springer International Publishing :2021.
Description:	1 online resource (xiii, 360 p.) :ill. (some col.), digital ;24 cm.
Contained By:	Springer Nature eBook
Subject:	Electric industriesDeregulation20th century.Great Britain
Online resource:	https://doi.org/10.1007/978-3-030-90075-5
ISBN:	9783030900755$q(electronic bk.)

Making energy marketsthe origins of electricity liberalisation in Europe /
Bolton, Ronan.

Making energy marketsthe origins of electricity liberalisation in Europe /[electronic resource] :by Ronan Bolton. - Cham :Springer International Publishing :2021. - 1 online resource (xiii, 360 p.) :ill. (some col.), digital ;24 cm.

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.

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.

ISBN: 9783030900755$q(electronic bk.)

Standard No.: 10.1007/978-3-030-90075-5doiSubjects--Topical Terms:

913571
Electric industries
--Deregulation--Great Britain--20th century.

LC Class. No.: HD9685.G72 / B65 2021

Dewey Class. No.: 333.79320941

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505 0 $a 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.
520 $a 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.
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