Competitive electricity markets and sustainability Investments in competitive electricity markets : an overview François Lévêque Investment and generation capacity Richard Green Generation technology mix in competitive electricity markets Jean Michel Glachant Problems of transmission investment in a deregulated power Steven Stoft Patterns of transmission investments Paul Joskow Long term locational prices and investment incentives in the transmission of electricity Yves Smeers Compatibility of investment signals in distribution transmission and generation Ignacio Pérez Arriaga and Luis Olmos This book responds to the opening up of electricity markets to competition which has completely changed the nature of power generation. The building of new generation and transmission capacity and the setting of the energy mix between nuclear gas and renewable resources are mainly left to private initiative and investors