Competitive Electricity Markets and Sustainability

Competitive Electricity Markets and Sustainability

Edited by François Lévêque

This book responds to the opening up of electricity markets to competition, which has completely changed the nature of power generation. The building of new generation and transmission capacity and the setting of the energy mix between nuclear, gas and renewable resources are mainly left to private initiative and investors.

Chapter 4: Problems of Transmission Investment in a Deregulated Power Market

Steven Stoft

Subjects: economics and finance, competition policy, energy economics, industrial organisation, public sector economics, politics and public policy, public policy


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