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Books > Business & Economics > Business & management > Ownership & organization of enterprises
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The Economics of Electricity Markets - Theory and Policy (Hardcover)
Loot Price: R2,836
Discovery Miles 28 360
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The Economics of Electricity Markets - Theory and Policy (Hardcover)
Series: Loyola de Palacio Series on European Energy Policy
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The Economics of Electricity Markets provides a cutting-edge
analysis of the critical issues involved in the design and
operation of electricity markets, as well as an assessment of
alternative institutional arrangements that have either been
implemented or are under discussion in Europe and the US.The book
illustrates how a sound market design can render electricity
trading and retailing very much like that of other commodities.
Social and political concerns, rather than engineering or
economics, are what make electricity markets 'special'. The expert
contributors address a wide set of issues that arise when
competition is introduced to the electricity industry, ranging from
the design of spot and real-time power markets to alternative
approaches to congestion management, from competition policy in
wholesale electricity markets to the benefits and costs of retail
competition, and from regulatory measures to ensure generation
capacity adequacy to the politicization of generation investment
decisions as a way of pursuing sustainability targets. This highly
informative book will appeal to academics, students and researchers
in the field of advanced energy economics, and will prove essential
reading for energy regulators, professionals and executives wishing
to explore the theoretical foundations underpinning their
day-to-day activities. Contributors: G. Cervigni, A. Commisso, A.
Creti, D. Perekhodtsev, C. Poletti, P. Ranci
General
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