1 Introduction

Ⅰ Wholesale Markets
2 Marcel Boiteux Forever: Peak-Load Pricing
3 From Enron with Love

Ⅱ Retail Market
4 Selling Power to the People: Retail Competition and Vertical Strcture of the Power Industry
5 A Kuhnian Paradigm Shift: Price-Responsive Electricity Demand

Ⅲ Network Issue
6 Fred Schweppe Meets Marcel Boiteux: Transmission Pricing
7 Serious Game: Market Power and Transmission Constraints

Ⅳ Policy Issue
8 Gone with the Wind(and the Sun): Renewable Energy Sources Entry into Electricity Markets
9 The Highly Visible Hand: Capacity Mechanism
10 Concluding Observations