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This book provides a tool kit of policy alternatives for addressing regulatory and market issues in the electric power industry. Through a mix of descriptive text and case studies, the text lays out the problems and alternative solutions which face policymakers and stakeholders. The book can be used as both a text book and a reference guide, and is targeted at graduate students and junior and mid-level practioners in government, regulatory bodies, private industry, and academia. The book focuses on markets worldwide, with examples from the US, Canada, Europe, Latin America, Asia, and Africa. A comprehensive glossary provides an additional tool for those becoming familiar with the industry.