Competitive Electricity Market (Hardcover, Uk Ed.)

Open electricity, competitive electricity markets are characterized by two main features. First, everyone who is able to satisfy technical and financial obligations has access to generation and retail of electrical energy. Second, electrical energy as a product is separated commercially from transmission and distribution as a service. Reforms to the electricity supply industry have been introduced in several countries. This has resulted in the competitive wholesale market. This book is a comprehensive presentation of the competitive electricity markets.