Journal of Economic Literature: Vol. 52 No. 2 - Book Review

JEL Volume. 52, Issue 2 | leftPrevious Review Next Review right

Expand

Quick Tools:

Print Article Summary
Sign up for Email Alerts Follow us on Twitter Subscription Information
(Institutional Administrator Access)

Explore:

JEL - All Issues

JEL Forthcoming Articles JEL Indexes (Members Only)
Book(s) Reviewed

The Economics of Electricity Markets: Theory and Policy by Pippo Ranci and Guido Cervigni

Published By: Loyola de Palacio Series on European Energy Policy. Cheltenham, U.K. and Northampton, Mass.: Elgar
ISBN: 978-0-85793-395-9
Date of Publication: 2013


Book Review Detail

Reviewed by: Shaun McRae of University of Michigan
Review DOI: 10.1257/jel.52.2.535.r11
Review Pages: 554-55

Book Review Abstract

Shaun McRae of the University of Michigan reviews "The Economics of Electricity Markets: Theory and Policy", by Pippo Ranci and Guido Cervigni. The Econlit abstract of this book begins: "Six papers address the main issues that arise when competition is introduced into the electricity industry. Papers discuss wholesale electricity markets (Guido Cervigni and Dmitri Perekhodtsev); generation capacity adequacy (Cervigni, Andrea Commisso, and Perekhodtsev); congestion management and transmission rights (Perekhodtsev and Cervigni); competition policy in the electricity industry (Cervigni and Perekhodtsev); retail competition (Anna Creti and Clara Poletti); and climate change and the future of the liberalized electricity markets (Cervigni). Ranci is Professor of Economic Policy at the Catholic University of Milan and Chair of the Board of Appeal of the European Agency for the Cooperation of Energy Regulators. Cervigni is Research Director at the Center for Research on Energy and Environmental Economics and Policy at Bocconi University and Chief Economist at A2A S.p.A. Index."


Book Review Full-Text Access



Book Review Authors

Shaun McRae of University of Michigan


JEL Classifications

L11: Production, Pricing, and Market Structure; Size Distribution of Firms
L41: Monopolization; Horizontal Anticompetitive Practices
L94: Electric Utilities
L98: Industry Studies: Utilities and Transportation: Government Policy
Q48: Energy: Government Policy
Q54: Climate; Natural Disasters; Global Warming


Journal of Economic Literature


Quick Tools:

Sign up for Email Alerts

Follow us on Twitter

Subscription Information
(Institutional Administrator Access)

Explore:

JEL - All Issues

JEL - Forthcoming Articles

JEL Indexes (Members Only)


Virtual Field Journals


AEA Member Login:


AEAweb | AEA Journals | Contact Us