Making Energy Markets and the Origins of Electricity Liberalization in Europe

Ronan Bolton's "Making Energy Markets" meticulously charts the transformation of electricity systems in Western Europe from state control to market-based models during the late 1980s and 1990s.

The book analyzes the political and economic factors driving this shift, highlighting the complexities of introducing competition into a critical infrastructure sector.

It examines case studies in Britain and the Nordic region, revealing the risks and trade-offs involved in liberalizing electricity markets.

Bolton's work offers valuable insights into the historical context of energy policy and its relevance to contemporary challenges.

The book concludes by discussing the implications of this historical analysis for current debates surrounding renewable energy and low-carbon transitions.