Titlebook: Regulation of Energy Markets; Economic Mechanisms Machiel Mulder Textbook 2023Latest edition The Editor(s) (if applicable) and The Author(

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systolic and diastolic blood pressure, smoking) have significant associations with heart and other chronic disease risks in multiple longitudinal studies, there is little evaluation of the . effect of controlling those factors. When these risk factors have been evaluated in forecasts, the effect on

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2195-1284 effective regulation of energy markets.This textbook explains the main economic mechanisms behind energy markets and assesses how governments can implement policies to improve these markets’ performance. Adopting a microeconomic perspective, it systematically analyses the various types of market fai

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Economic Analysis of Energy Markets: An Introduction, approach as a tool to find the optimal regulation to realize the societal objectives regarding energy markets. This approach departs from the theoretical benchmark of perfectly functioning markets and analyses how fundamental shortcomings can be overcome.

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Information Asymmetry in Retail Energy Markets,ential consumers may not be able to oversee the ability of energy retailers to commit to supply contracts which may affect the reliability of supply. Section?5.4 discusses the regulatory options to protect residential consumers against this risk.

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Reliability of Energy Supply as Semi-Public Good,market participants to contribute to system balancing, while Sect.?7.5 discusses how to assure that there is always sufficient production capacity and that all production is priced even if the market is not able to clear.

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