Handbook on Electricity Markets

Edited by Jean-Michel Glachant, Paul L. Joskow & Michael G. Pollitt

Handbook on Electricity Markets is a comprehensive, research-driven reference on the economics, regulation, and design of modern power markets. This authoritative volume brings together leading scholarship on how electricity markets operate, how they are regulated, and how policy and market design choices affect reliability, competition, investment, and decarbonization outcomes.

Covering wholesale market structures, network constraints, capacity mechanisms, pricing, market power, and the integration of renewables, this handbook is essential for academics, regulators, utilities, investors, and policymakers navigating evolving electricity systems worldwide.

What This Book Does

This book provides a rigorous framework for understanding electricity market organization and reform, combining economic theory with empirical evidence and real-world market design case studies.

Key Features

• Expert coverage of wholesale electricity market design and regulation
• Analysis of pricing, congestion, and network constraints
• Discussion of reliability, capacity markets, and investment incentives
• Market power, competition policy, and performance evaluation
• Renewables integration, flexibility, and decarbonization challenges
• Global perspectives and cross-market comparisons

Who Should Use This Book?

• Energy economists and electricity market researchers
• Regulators and policy makers
• Utility, ISO/RTO, and grid planning professionals
• Consultants, analysts, and investors in power markets
• Graduate students in energy economics and public policy

Why It’s Essential

• Authoritative handbook from leading global experts
• Bridges theory, policy, and practical market design
• Supports research, regulation, and strategic decision-making
• Essential reference for modern electricity market reform

The definitive reference on modern electricity market design and regulation.
Order today from BooksGoat and strengthen your power market expertise.

Product Details

• ISBN-13: 9781035312412
• Title: Handbook on Electricity Markets
• Publisher: Edward Elgar Publishing
• Format: Hardcover
• Condition: New
• Availability: In Stock
• Shipping: Free Shipping

Table of Contents (Highlights)

• Electricity Market Design: Concepts and Institutions
• Wholesale Pricing, Congestion, and Network Economics
• Reliability, Resource Adequacy, and Capacity Mechanisms
• Market Power and Competition Policy
• Investment Incentives and Risk in Power Markets
• Renewables Integration and Flexibility
• Market Performance and Regulatory Oversight

FAQs

• Is this book technical or policy-focused? It combines economic rigor with practical policy and market design applications.
• Does it cover renewable integration? Yes, it includes discussion of renewables, flexibility, and decarbonization challenges.
• Who is this handbook best for? Researchers, regulators, and professionals working in electricity markets and energy policy.