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Making Energy Markets

The Origins of Electricity Liberalisation in Europe

Palgrave Macmillan

Authors:

  • An accessible overview of the origins of electricity markets from a social science perspective

  • Takes an interdisciplinary approach including examples from a number of European contexts

  • An invaluable resource for researchers and policy analysts interested in the reform of electricity markets

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eBook USD 54.99
Price excludes VAT (USA)
  • ISBN: 978-3-030-90075-5
  • Instant PDF download
  • Readable on all devices
  • Own it forever
  • Exclusive offer for individuals only
  • Tax calculation will be finalised during checkout
Hardcover Book USD 69.99
Price excludes VAT (USA)

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Table of contents (10 chapters)

  1. Front Matter

    Pages i-xiii
  2. Introduction: Making Energy Markets

    • Ronan Bolton
    Pages 1-12
  3. Part I

    1. Front Matter

      Pages 13-13
    2. Inventing Competition

      • Ronan Bolton
      Pages 15-54
    3. Trade-Offs: Competition or Cash?

      • Ronan Bolton
      Pages 55-96
    4. Competition: A Work in Progress

      • Ronan Bolton
      Pages 97-126
  4. Part II

    1. Front Matter

      Pages 127-127
    2. Europe: The Economic Logics of Trade

      • Ronan Bolton
      Pages 129-151
    3. The Political Market

      • Ronan Bolton
      Pages 185-218
  5. Part III

    1. Front Matter

      Pages 219-219
    2. Power Exchange: Norwegian Origins

      • Ronan Bolton
      Pages 221-245
    3. Constructing a Multinational Market

      • Ronan Bolton
      Pages 247-278
    4. Conclusion: Remaking Markets

      • Ronan Bolton
      Pages 279-290
  6. Back Matter

    Pages 291-360

About this book

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. 

Keywords

  • electricity markets
  • energy transition
  • UK energy policy
  • European Energy Policy
  • History of Energy
  • Liberalisation
  • National Electricity Regimes
  • energy policy
  • electricity liberalisation

Authors and Affiliations

  • School of Social & Political Science, University of Edinburgh, Edinburgh, UK

    Ronan Bolton

About the author

Ronan Bolton is an interdisciplinary energy researcher with a background in mechanical engineering and environmental social science. His work examines the interconnected policy, market and regulatory challenges of transforming carbon based energy systems. His particular research interests are focused in the areas of energy network regulation and system integration, along with the the history and development of liberalisation processes in the energy sector. 


Bibliographic Information

Buying options

eBook USD 54.99
Price excludes VAT (USA)
  • ISBN: 978-3-030-90075-5
  • Instant PDF download
  • Readable on all devices
  • Own it forever
  • Exclusive offer for individuals only
  • Tax calculation will be finalised during checkout
Hardcover Book USD 69.99
Price excludes VAT (USA)