This digest was prepared by：

Jean-Michel Glachant, Florence School of Regulation and

Nicolò Rossetto, Florence School of Regulation

with generous support from the authors of the Handbook on Electricity Markets.

LEGAL DISCLAIMER

Chapter 1 and the book cover are included here in this digest with the permission from Edward Elgar Publishing Ltd.The information and views set out in this Digest are those of the author(s) and do not necessarily reflect the official opinion of the European Union, or ECECP. Neither the European Union nor or ECECP can guarantee the accuracy of the data included in this study. Neither the European Union, ECECP nor any person acting on their behalf may be held responsible for the use, which may be made of the information contained therein.

© 2022 European Union. All rights reserved.

English editing: Helen Farrell, Chinese editing: Chi Jieqiao