Titlebook: Deregulation of Electric Utilities; Georges Zaccour Book 1998 Springer Science+Business Media New York 1998 Electricity Markets.electricit

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Restructuring and Competitive Arrangements in the Electricity Supply Industry Towards a Better EffiThe technological specificities of the electricity filière, calling for high levels of technical co-ordination between its stages, has in the past been reflected by the long domination of an industrial organization based on vertical and horizontal integration and a regulated supply monopoly.

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https://doi.org/10.1007/978-1-4615-5729-6Electricity Markets; electricity; environment; network; transmission

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2730-7468 n, this book assesses earlyexperiences in electricity deregulation in continental Europe, NewZealand, North America, and the United Kingdom.978-1-4613-7624-8978-1-4615-5729-6Series ISSN 2730-7468 Series E-ISSN 2730-7476

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https://doi.org/10.1007/978-3-322-96535-6edged with Contracts for Differences (CFD) and transmission is organized around Transmission Congestion Contracts (TCC). Under these assumptions, Bushneil and Stoft (1996) show that the incentive to undertake detrimental network investments can be mitigated by TCC, but not to an extent sufficient to insure the optimal development of the grid.