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Handbook on Electricity Regulation

Edited by: Jean-Michel Glachant, Paul L. Joskow

ISBN13: 9781035314348
To be Published: June 2025
Publisher: Edward Elgar Publishing Limited
Country of Publication: UK
Format: Hardback
Price: £245.00



With twenty-two chapters written by leading international experts, this volume represents the most detailed and comprehensive Handbook on electricity regulation ever published. The volume covers the existing state of best-practice regulation in the US, UK, the European Union and Australia, for both electricity transmission, electricity distribution and retail electricity.

The regulatory challenges of the energy transition are discussed. These include the need for regulators to incentivise large amounts of investment in conditions of uncertainty and to promote innovation. Deep decarbonisation, via electrification, raises regulatory issues for electric vehicle charging infrastructure and hydrogen networks.

The book also considers the state of electricity regulation in China, India and smaller lower and middle income countries. These jurisdictions have underdeveloped regulatory systems which can benefit from learning from more advanced regulatory systems as long as there is sufficient adaptation to local contexts.

The Handbook is intended to be used by those with direct interests in electricity regulation. Students and young professionals will find the information they need to enter the field in a single source. Researchers, experienced professionals and public decision-makers will get a comprehensive update on topical issues in electricity regulation. This will help them make sense of a sector that is undergoing profound change at the same time as the public policy motivations for regulation are not diminishing.

Subjects:
Energy and Natural Resources Law
Contents:
1. Introduction to the Handbook on Electricity Regulation 1'
Jean-Michel Glachant, Paul L. Joskow, and Michael G. Pollitt

FOUNDATIONS OF ELECTRICITY REGULATION AND RECENT REFORMS'
2. Designing incentive regulation in the electricity sector 18'
David P. Brown and David E.M. Sappington'
3. Cost-of-service regulation of electricity distribution services in the US 44'
Paul L. Joskow and Richard Schmalensee'
4. Regulated distribution sector facing the future – the GB experience 68'
Cloda Jenkins'
5. Regulated distribution sector facing the future: trends in the European Union 101'
Christine Brandstätt and Jean-Michel Glachant'
6. Regulation of access, pricing, and planning of high-voltage transmission in the US 121'
Joe DeLosa III, Johannes P. Pfeifenberger, and Paul L. Joskow'
7. Regulation of access, fees and investment planning of transmission in Great Britain 155'
David Newbery'
8. The regulatory landscape and investment planning for transmission in the EU 182'
Paul Nillesen, Otto Jager and Joost Ornée'
9. The regulation of electricity networks in Australia’s National Electricity Market: user charges, investment and access 201'
Paul Simshauser'
10. Retail rate design in the US: time-varying rates for residential customers 233'
Ahmad Faruqui and Ziyi Tang'
11. Economics of energy efficiency 256'
Kenneth Gillingham and Erica Myers

REGULATORY MECHANISMS TO GUIDE THE TRANSITION TO NET ZERO'
12. The grid of the future and what regulators need to know about it 271'
Janusz Bialek and Mark O’Malley'
13. Decarbonizing the US electricity grid: policy and regulatory frameworks and challenges 287'
Judy W. Chang and Henry Lee'
14. Regulating European distribution systems to achieve net zero: untapping flexibility efficiently 313'
Tim Schittekatte'
15. “Behind the meter” developments 336'
Fereidoon Sioshansi'
16. Uncertainty, regulation and the pathways to net zero 353'
Michael G. Pollitt, Daniel Duma and Andrei Covatariu'
17. How can regulated electricity network companies promote innovation? Lessons from the field of practice 373'
Leonardo Meeus and Nicolò Rossetto'
18. Regulation of hydrogen networks and potential market structure 388'
Chi Kong Chyong and Jackson R. Dalman'
19. Challenges to expanding EV adoption and policy responses 407'
Christopher R. Knittel and Shinsuke Tanaka

NON-OECD COUNTRIES'
20. Power sector reform in China: economic logic and political reasoning 451'
Xu Yi-chong'
21. Regulation of transmission, distribution and retail in India 475'
Anupama Sen and Tooraj Jamasb'
22. Distinctive regulatory challenges in developing countries 506'
Debabrata Chattopadhyay and Vivien Foster