This book explores the changing economics regulations and operations of electricity
distribution networks. It highlights the central challenges and opportunities caused by the
rise of decentralisation paradigm in the power system within this segment of the electricity
supply chain. As decarbonisation objectives continue to transform the power sector the
distribution system experiences an increased penetration of energy and flexibility resources
that come from a variety of sizes technologies and capabilities. This makes traditional
approaches to economic regulation and operation of electricity distribution networks
obsolete.This book aims to provide insights into the ways which decarbonisation
decentralisation and digitalisation trends in the electricity sector will eventually shape
future of distribution grids. It will be relevant to students researchers and policymakers
interested in energy economics the political economy of energy and the electricity sector.