Reasonable approach As to current policy here is a better cite from the FERC website Gooc comprehensive overview of the policy and its recent historical development ordermaven AS to results you can check the OFGEM web page for England though I do not promise easy and clear statistical information This gives you a little bit of intro to European policy As to results if I come across a good piece on this will let you know You can see that the regulators believe they are getting and are going to get good results from competitive wholesale power markets It would be interesting to get a valid statisticl analysis of results