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In this book, attention is paid to prevalent energy issues from a finance perspective. The topics discussed cover markets, prices, regulations and firms. The book has a European focus and contains contributions by scholars from all over the world.

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Energy production and supply, as well as sourcing and consumption, are becoming evermore important in a volatile world. In this book, attention is paid to prevalent energy issues from a finance perspective. The topics discussed cover markets, prices, regulations and firms. An international group of authors from both academia and energy practice provides in twelve chapters a state of the art of the energy markets in a finance environment. They do so by discussing the current knowledge and presenting empirical research in this quickly changing and developing field. This book is the first in a planned series on energy at a high scientific level organized by the Centre for Energy and Value Issues (CEVI).

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Introduction: 1 Financial Aspects in Energy: The European Perspective.- Markets: 2 The Development of Energy Markets in Europe.- 3 Renewables in the Energy Market.- 4 The CO 2 -Trading Market in Europe.- Prices: 5 Market Efficiency in a Changing Energy Environment.- 6 The Price Forming Process in Energy Markets.- 7 The Electricity Market, Day Ahead Market and Futures.- Regulations: The Disintegration of the Concept of Sovereignity and the Energy Sector in Europe.- 9 The EU Energy Policy After the Lisbon Treaty.- 10 The Developments of the European Electricity Market in a Juridical no Man´s Land.- Firms: Value Creation with Wood-Based Energy Sources.- 12 Tackling With Natural Monopoly in Electricity and Natural Gas Markets

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Prof. Dr. André Dorsman, Associate Professor Financial Management, VU University Amsterdam, The Netherlands

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