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 CO2 -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.

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).