1. Introduction 2. Restructuring of Electricity Markets 3. Modeling Energy Production System 4. Real-Time Pricing; An Application to the Nordic Power Markets 5. The Effects of Nuclear Power Investments in Real-Time Pricing Framework 6. Emission Trading and Market Access of Renewables 7. Efficiency of Electricity Distribution 8. Observed Versus Unobserved Heterogeneity in Electricity Distribution 9. Regulating Electricity Distribution Utilities 10. The Future of Electricity Markets.