1. Contents
About the Contributors ix
List of Figures and Tables xiii
Acknowledgments xix
Acronyms and Abbreviations xxi
Foreword xxvii
Günther Oettinger
Chapter 1. Toward a Low-Carbon Future in Electricity? 1
Boaz Moselle, Jorge Padilla, and Richard Schmalensee
Part I. Technology 5
Chapter 2. Renewable Energy Technologies for Electricity Generation 7
Godfrey Boyle
Part II. Renewables, Climate Change, and Energy Policy 31
Chapter 3. Renewables Forecasts in a Low-Carbon World: A Brief Overview 33
Erin T. Mansur
Chapter 4. Renewable Generation and Security of Supply 51
Boaz Moselle
Chapter 5. Market Failure and the Structure of Externalities 69
Kenneth Gillingham and James Sweeney
Chapter 6. Renewable Energy, Energy Efficiency, and Emissions Trading 93
José Goldemberg

2. viii Harnessing Renewable Energy in Electric Power Systems
Part III. Renewable Generation and Electric Power Markets 111
Chapter 7. Electricity Wholesale Market Design in a Low-Carbon Future 113
William W. Hogan
Chapter 8. Energy Regulation in a Low-Carbon World 137
Richard Green
Chapter 9. Building Blocks: Investment in Renewable and Nonrenewable
Technologies 159
James Bushnell
Chapter 10. Developing a Supergrid 181
Christian von Hirschhausen
Part IV. National Experiences 207
Chapter 11. Renewable Electricity Generation in the United States 209
Richard Schmalensee
Chapter 12. The European Union’s Policy on the Development of Renewable
Energy 233
Christopher Jones
Chapter 13. UK Renewable Energy Policy since Privatization 253
Michael G. Pollitt
Chapter 14. Experience with Renewable Energy Policy in Germany 283
Hannes Weigt and Florian Leuthold
Chapter 15. Renewable Electricity Support: The Spanish Experience 309
Luis Agosti and Jorge Padilla
Conclusions: Whither Renewable Generation? 327
Boaz Moselle, Jorge Padilla, and Richard Schmalenesee
Index 335