Electricity Markets

Electricity Markets
Author: Chris Harris
Publisher: John Wiley & Sons
Total Pages: 550
Release: 2006-05-18
Genre: Business & Economics
ISBN: 0470011580

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Understand the electricity market, its policies and how they drive prices, emissions, and security, with this comprehensive cross-disciplinary book. Author Chris Harris includes technical and quantitative arguments so you can confidently construct pricing models based on the various fluctuations that occur. Whether you?re a trader or an analyst, this book will enable you to make informed decisions about this volatile industry.

Capacity Withdrawals in the Electricity Wholesale Market

Capacity Withdrawals in the Electricity Wholesale Market
Author: Panagiotis Tsangaris
Publisher: Springer
Total Pages: 213
Release: 2017-08-30
Genre: Law
ISBN: 3662555131

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This book examines the issue of capacity withdrawals in the electricity wholesale market. Electricity generators can exercise market power in the wholesale market either by withdrawing generation capacity, or by pricing above competitive levels in order to achieve a higher market price and, thereby, increase revenues. After a comprehensive explanation of capacity withdrawal practices and the issues that arise when proceeding under competition law, the book analyses whether an increased state of transparency, as provided for in the REMIT and Regulation 543/2013, could facilitate the efficient functioning of electricity wholesale markets and the investigation of capacity withdrawal practices. It also examines the effect of the prohibition of market manipulation as prescribed in the REMIT in dealing with abusive capacity withdrawals in the electricity wholesale market.

Competitive Electricity Markets

Competitive Electricity Markets
Author: Fereidoon Sioshansi
Publisher: Elsevier
Total Pages: 625
Release: 2011-10-10
Genre: Technology & Engineering
ISBN: 0080557716

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After 2 decades, policymakers and regulators agree that electricity market reform, liberalization and privatization remains partly art. Moreover, the international experience suggests that in nearly all cases, initial market reform leads to unintended consequences or introduces new risks, which must be addressed in subsequent “reform of the reforms. Competitive Electricity Markets describes the evolution of the market reform process including a number of challenging issues such as infrastructure investment, resource adequacy, capacity and demand participation, market power, distributed generation, renewable energy and global climate change. Sequel to Electricity Market Reform: An International Perspective in the same series published in 2006 Contributions from renowned scholars and practitioners on significant electricity market design and implementation issues Covers timely topics on the evolution of electricity market liberalization worldwide

Handbook on Electricity Markets

Handbook on Electricity Markets
Author: Glachant, Jean-Michel
Publisher: Edward Elgar Publishing
Total Pages: 672
Release: 2021-11-12
Genre: Business & Economics
ISBN: 1788979958

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With twenty-two chapters written by leading international experts, this volume represents the most detailed and comprehensive Handbook on electricity markets ever published.

Electricity Capacity Markets

Electricity Capacity Markets
Author: Todd S. Aagaard
Publisher: Cambridge University Press
Total Pages: 285
Release: 2022-03-03
Genre: Law
ISBN: 1108788114

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Initially created as afterthoughts to competitive electricity markets, capacity markets were intended to enhance system reliability. They have evolved into massive, highly controversial, and poorly understood billion-dollar institutions. Electricity Capacity Markets examines the rationales for creating capacity markets, how capacity markets work, and how well these markets are meeting their objectives. This book will appeal to energy experts and non-experts alike, across a range of disciplines, including economics, business, engineering, public policy, and law. Capacity markets are an important and provocative topic on their own, but they also offer an interesting case study of how well our energy systems are meeting the needs of our increasingly complex society. The challenges facing capacity markets – harnessing market forces for social good, creating networks that manage complexity, and achieving sustainability – are very much core challenges for our twenty-first century advanced industrial society.

Electricity Markets

Electricity Markets
Author: Jeremy Lin
Publisher: John Wiley & Sons
Total Pages: 349
Release: 2017-08-30
Genre: Science
ISBN: 111917936X

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A comprehensive resource that provides the basic concepts of electric power systems, microeconomics, and optimization techniques Electricity Markets: Theories and Applications offers students and practitioners a clear understanding of the fundamental concepts of the economic theories, particularly microeconomic theories, as well as information on some advanced optimization methods of electricity markets. The authors—noted experts in the field—cover the basic drivers for the transformation of the electricity industry in both the United States and around the world and discuss the fundamentals of power system operation, electricity market design and structures, and electricity market operations. The text also explores advanced topics of power system operations and electricity market design and structure including zonal versus nodal pricing, market performance and market power issues, transmission pricing, and the emerging problems electricity markets face in smart grid and micro-grid environments. The authors also examine system planning under the context of electricity market regime. They explain the new ways to solve problems with the tremendous amount of economic data related to power systems that is now available. This important resource: Introduces fundamental economic concepts necessary to understand the operations and functions of electricity markets Presents basic characteristics of power systems and physical laws governing operation Includes mathematical optimization methods related to electricity markets and their applications to practical market clearing issues Electricity Markets: Theories and Applications is an authoritative text that explores the basic concepts of the economic theories and key information on advanced optimization methods of electricity markets.

The Evolution of Electricity Markets in Europe

The Evolution of Electricity Markets in Europe
Author: Leonardo Meeus
Publisher: Edward Elgar Publishing
Total Pages: 192
Release: 2020-11-27
Genre: Business & Economics
ISBN: 1789905478

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Bridging theory and practice, this book offers insights into how Europe has experienced the evolution of modern electricity markets from the end of the 1990s to the present day. It explores defining moments in the process, including the four waves of European legislative packages, landmark court cases, and the impact of climate strikes and marches.

Fundamentals of Power System Economics

Fundamentals of Power System Economics
Author: Daniel S. Kirschen
Publisher: John Wiley & Sons
Total Pages: 304
Release: 2004-10-22
Genre: Technology & Engineering
ISBN: 9780470020586

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Interest in power systems economics is gaining momentum with the recent power supply shortages in America and the rising cost of fossil fuels. The involvement of independent power generators, brokers and distributors has changed the way in which power systems operate. Kirschen and Strbac use a combination of traditional engineering techniques and fundamental economics to address the long-term problems of power system development in a competitive environment. Power system engineers, operators, planners and policy makers working in the deregulated environment will value this practical guide, also of great interest to postgraduate and advanced undergraduate students in electrical and power engineering. Outlines the principles of competitive electricity markets alongside the operation and development of the supporting transmission and distribution networks Applies basic economic principles to power system operating and planning Written by recognised experts in the field For further information and to register for the solutions manual visit: http://www.wiley.com/go/powersystemeconomics

Electricity Markets

Electricity Markets
Author: Sayyad Nojavan
Publisher: Springer Nature
Total Pages: 274
Release: 2020-03-10
Genre: Business & Economics
ISBN: 303036979X

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This book analyzes new electricity pricing models that consider uncertainties in the power market due to the changing behavior of market players and the implementation of renewable distributed generation and responsive loads. In-depth chapters examine the different types of market players including the generation, transmission, and distribution companies, virtual power plants, demand response aggregators, and energy hubs and microgrids. Expert authors propose optimal operational models for short-term performance and scheduling and present readers with solutions for pricing challenges in uncertain environments. This book is useful for engineers, researchers and students involved in integrating demand response programs into smart grids and for electricity market operation and planning. Proposes optimal operation models; Discusses the various players in today's electricity markets; Describes the effects of demand response programs in smart grids.

Electricity Markets

Electricity Markets
Author: Dan Haas
Publisher: DIANE Publishing
Total Pages: 60
Release: 2005
Genre: Business & Economics
ISBN: 9780756745806

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The efficient & reliable functioning of the more than $200 billion electric industry is vital to all Americans. As demonstrated in the 2003 blackout in the Northeast & the 2001 energy crisis in the West, changes in the cost & availability of electricity can have significant impacts on consumers & the national economy. The Fed. Energy Reg'y. Comm. supports using demand-response programs as part of its effort to develop & oversee competitive electricity markets. This report identifies: (1) the types of demand-response programs currently in use; (2) the benefits of these programs; (3) the barriers to their intro. & expansion; & (4) instances where barriers have been overcome. Also examined the fed. govt.'s participation in these programs through the GSA.