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Revisiting Electricity Market Reforms - Lessons for ASEAN and East Asia (Hardcover, 1st ed. 2022)
Loot Price: R2,897
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Revisiting Electricity Market Reforms - Lessons for ASEAN and East Asia (Hardcover, 1st ed. 2022)
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This book combines the fundamentals of industrial organization
theories based on microeconomic foundations, applied econometrics
and environmental and natural resource economics in undertaking a
comprehensive review of reforms of the power sector and its impact
on industrial and socio-economic performance. The book provides the
reader with the intellectual groundwork necessary for understanding
the workings and interactions of today's reforming power markets
such as in the ASEAN and East Asia that are striving to achieve the
energy policy trilemma of affordability, energy sustainability and
energy security. The topics addressed in this book include
application of welfare theorems such as competition in and for the
market in the electricity sector, market failures such as lack of
electricity access, analysis of forecasting models under
volatility, energy resource allocation such as renewable energy and
competitive market designs of energy markets. Country-specific and
region-specific case studies are used to analyze the progress and
outcomes of market-driven electricity reforms across the reforming
and advanced electricity markets. Therefore, the book derives
policy lessons and provides policy recommendations in reforming
power markets for the ASEAN and East Asia taking stock of more than
three decades of global experience with power sector reforms. The
electricity markets case studies are carefully chosen and supported
by extensive data analyses as appropriate. This book on energy
economics and policy is highly recommended to readers who seek an
in-depth and up-to-date integrated overview about the evolving
literature and status on electricity market reforms with a
particular reference to Asia.
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