Energy has moved to the forefront in terms of societal and economic development. Modern Energy
Markets is a comprehensive economically oriented exploration of modern electricity networks
from production and distribution to deregulation and liberalization processes. Updating
previous work by the authors different aspects are considered resulting in a complete and
detailed picture of the systems and characteristics of modern electricity markets. Modern
Energy Markets provides clear detail whilst encompassing a broad scope of topics and includes:
-A method to model energy production systems including the main characteristics of future
demand side management -Different applications of this model in nuclear and renewable energy
scenarios -An analysis of Real-Time Pricing of electricity and its potential effects across
the market and -A discussion of the need for regulation in an easily monopolized industry.
Engineering and Economics students alike will find that Modern Energy Markets is a succinct and
informative resource as will researchers interested in environmental and energy issues. The
inclusion of timely and relevant issues related to economic decision will also be of value to
industry and civil officials.
