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This timely research review explores the main issues surrounding competition and regulation in electricity markets. The industry is experiencing irresistible forces for change driven by energy policy objectives; a reassessment of market regulation in the face of high energy prices and the response to consumer pressure to agree on what constitutes a fair price for energy. This research review identifies the key articles that underpin the debate across the industries supply chain (generation, supply and networks) and from a regulatory perspective (including market power and incentive regulation) followed by a consideration of the overall impact of liberalisation and future developments.

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Research Reviews

This significant collection examines the diverse ways natural resources are managed and controlled and the controversies that arise regarding their use, allocation, and protection resulting from governance decisions and policies. Professor Feldman has selected seminal works which focus on several key issues, including the role of common property resources in questions of trans-boundary resource management, the diverse ways societies and interest groups accord value to resources and their use, and how resources are catalysts for both international conflict and cooperation.

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Research Reviews