Table Of Contents:
Introduction 1(10)
SECTION 1---WORLD MARKETS

World energy markets: trends & changes 11(28)

Peter Davies
SECTION 2
NATIONAL STUDIES OF ENERGY STRUCTURE AND REFORM

Britain's regulatory regime in perspective 39(10)

Colin Robinson

Liberalising the Spanish electricity market: can competition work? 49(14)

Pablo Arocena

The electricity supply industry in Poland: the new legal framework and privatisation 63(14)

Piotr Jasinkski

Electricity competition, regulation and the environment
an assessment of the Australian approach 77(14)

Hugh Outhred

Regulating energy in federal transition economies: the case of China 91(14)

Philip Andrews-Speed

Stephen Dow

Minying Yang
SECTION 3
ELECTRICITY AND GAS: MARKETS AND REGULATION

Wholesale trading arrangement: competing options for Europe 105(14)

Michael Morrison

Ilesh Patel

Regulation policy and competitive process in the UK contract gas market: a theoretical analysis 119(14)

Huw Dixon

Joshy Easaw

``Regulatory sparks about to fly?'' The electricity generation industry 133(12)

Melinda Acutt

Caroline Elliott

How will electricity prices in deregulated markets develop in the long run? Arguments why there won't be any really cheap electricity 145(14)

Reinhard Haas

Hans Auer

Claus Huber

Wolfgang Orasch
SECTION 4
OIL: MARKETS AND REGULATION

Windows on exploration: the estimation of oil supply functions 159(6)

G.C. Watkins

Auctions vs. discretion in the licensing of oil and gas acreage 165(14)

Geoff Frewer

UK North Sea oil production 1980-1996: the role of new technology and fiscal reform 179(12)

Steve Martin

Exploration and development investment and taxable capacity in the UKCS under different oil and gas prices 191(14)

Professor Alexander Kemp

Linda Stephen
SECTION 5
RENEWABLE ENERGY

Renewables in the UK
how are we doing? 205(14)

Dr Catherine Mitchell

Fluctuating renewable energy on the power exchange 219(14)

Klaus Skytte

Lessons for the United Kingdom from previous experiences in the demand for renewable electricity 233(12)

Roger Fouquet

Modelling the prospects for renewable and new non-renewable energy technologies in the UK and some of the consequences implied 245(18)

Reinhard Madlener
SECTION 6
ENVIRONMENT AND ENERGY EFFICIENCY

China's energy sector and its environmental impact 263(12)

Ralph Bailey

Rosemary Clarke

Investment appraisal in the transport sector in the United Kingdom-getting the signals wrong on energy and the environment? 275(14)

A.L. Bristow

Electricity liberalisation, air pollution and environmental policy in the UK 289(14)

Peter Pearson

Risk assessment and external cost valuation 303(24)

Andrew Stirling

Sustainability and nuclear liabilities 327(18)

Gordon MacKerron

Mike Sadnicki

Retail market liberalisation and energy efficiency: a golden age or a false dawn? 345(16)

Nick Eyre
SECTION 7
A SUMMING-UP

Markets, regulation and environment - a summing up 361(12)

David Newbery
Keyword Index 373