Spot Pricing of Electricity

Spot Pricing of Electricity PDF Author: Fred C. Schweppe
Publisher: Springer Science & Business Media
ISBN: 1461316839
Category : Business & Economics
Languages : en
Pages : 362

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Book Description
There is a need for fundamental changes in the ways society views electric energy. Electric energy must be treated as a commodity which can be bought, sold, and traded, taking into account its time-and space-varying values and costs. This book presents a complete framework for the establishment of such an energy marketplace. The framework is based on the use of spot prices. In general terms: o An hourly spot price (in dollars per kilowatt hour) reflects the operating and capital costs of generating, transmitting and distributing electric energy. It varies each hour and from place to place. o The spot price based energy marketplace involves a variety of utility-customer transactions (ranging from hourly varying prices to long-term, multiple-year contracts), all of which are based in a consistent manner on hourly spot prices. These transactions may include customers selling to, as well as buying from, the utility. The basic theory and practical implementation issues associated with a spot price based energy marketplace have been developed and discussed through a number of different reports, theses, and papers. Each addresses only a part of the total picture, and often with a somewhat different notation and terminology (which has evolved in parallel with our growing experience). This book was xvii xviii Preface written to serve as a single, integrated sourcebook on the theory and imple mentation of a spot price based energy marketplace.

Spot Pricing of Electricity

Spot Pricing of Electricity PDF Author: Fred C. Schweppe
Publisher: Springer Science & Business Media
ISBN: 1461316839
Category : Business & Economics
Languages : en
Pages : 362

Get Book Here

Book Description
There is a need for fundamental changes in the ways society views electric energy. Electric energy must be treated as a commodity which can be bought, sold, and traded, taking into account its time-and space-varying values and costs. This book presents a complete framework for the establishment of such an energy marketplace. The framework is based on the use of spot prices. In general terms: o An hourly spot price (in dollars per kilowatt hour) reflects the operating and capital costs of generating, transmitting and distributing electric energy. It varies each hour and from place to place. o The spot price based energy marketplace involves a variety of utility-customer transactions (ranging from hourly varying prices to long-term, multiple-year contracts), all of which are based in a consistent manner on hourly spot prices. These transactions may include customers selling to, as well as buying from, the utility. The basic theory and practical implementation issues associated with a spot price based energy marketplace have been developed and discussed through a number of different reports, theses, and papers. Each addresses only a part of the total picture, and often with a somewhat different notation and terminology (which has evolved in parallel with our growing experience). This book was xvii xviii Preface written to serve as a single, integrated sourcebook on the theory and imple mentation of a spot price based energy marketplace.

The Power of Change

The Power of Change PDF Author: National Academies of Sciences, Engineering, and Medicine
Publisher: National Academies Press
ISBN: 0309371422
Category : Science
Languages : en
Pages : 341

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Book Description
Electricity, supplied reliably and affordably, is foundational to the U.S. economy and is utterly indispensable to modern society. However, emissions resulting from many forms of electricity generation create environmental risks that could have significant negative economic, security, and human health consequences. Large-scale installation of cleaner power generation has been generally hampered because greener technologies are more expensive than the technologies that currently produce most of our power. Rather than trade affordability and reliability for low emissions, is there a way to balance all three? The Power of Change: Innovation for Development and Deployment of Increasingly Clean Energy Technologies considers how to speed up innovations that would dramatically improve the performance and lower the cost of currently available technologies while also developing new advanced cleaner energy technologies. According to this report, there is an opportunity for the United States to continue to lead in the pursuit of increasingly clean, more efficient electricity through innovation in advanced technologies. The Power of Change: Innovation for Development and Deployment of Increasingly Clean Energy Technologies makes the case that America's advantagesâ€"world-class universities and national laboratories, a vibrant private sector, and innovative states, cities, and regions that are free to experiment with a variety of public policy approachesâ€"position the United States to create and lead a new clean energy revolution. This study focuses on five paths to accelerate the market adoption of increasing clean energy and efficiency technologies: (1) expanding the portfolio of cleaner energy technology options; (2) leveraging the advantages of energy efficiency; (3) facilitating the development of increasing clean technologies, including renewables, nuclear, and cleaner fossil; (4) improving the existing technologies, systems, and infrastructure; and (5) leveling the playing field for cleaner energy technologies. The Power of Change: Innovation for Development and Deployment of Increasingly Clean Energy Technologies is a call for leadership to transform the United States energy sector in order to both mitigate the risks of greenhouse gas and other pollutants and to spur future economic growth. This study's focus on science, technology, and economic policy makes it a valuable resource to guide support that produces innovation to meet energy challenges now and for the future.

Power Cost Normalization Studies, Civilian Power Reactor Program--1959

Power Cost Normalization Studies, Civilian Power Reactor Program--1959 PDF Author: Sargent & Lundy
Publisher:
ISBN:
Category : Nuclear power plants
Languages : en
Pages : 282

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Book Description


Perspective on Power

Perspective on Power PDF Author: Edward Berlin
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 214

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Book Description
A report to the Energy Policy Project of the Ford Foundation.

Pricing in Competitive Electricity Markets

Pricing in Competitive Electricity Markets PDF Author: Ahmad Faruqui
Publisher: Springer Science & Business Media
ISBN: 1461545293
Category : Business & Economics
Languages : en
Pages : 463

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Book Description
Electricity markets are being deregulated or face new regulatory frameworks. In such changing markets, new pricing strategies will need to consider such factors as cost, value of service and pricing by objective. Pricing in Competitive Electricity Markets introduces a new family of pricing concepts, methodologies, models, tools and databases focused on market-based pricing. This book reviews important theoretical pricing issues as well as practical pricing applications for changing electricity markets.

Understanding Your Utility Bill

Understanding Your Utility Bill PDF Author: United States. Federal Energy Administration
Publisher:
ISBN:
Category : Electric utilities
Languages : en
Pages : 16

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Guide to Nuclear Power Cost Evaluation: Production costs

Guide to Nuclear Power Cost Evaluation: Production costs PDF Author: Kaiser Engineers
Publisher:
ISBN:
Category : Nuclear power plants
Languages : en
Pages : 60

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Book Description


Guide to Nuclear Power Cost Evaluation: Equipment costs

Guide to Nuclear Power Cost Evaluation: Equipment costs PDF Author: Kaiser Engineers
Publisher:
ISBN:
Category : Nuclear power plants
Languages : en
Pages : 140

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Book Description


Small Scale Hydroelectric Power Cost Estimates

Small Scale Hydroelectric Power Cost Estimates PDF Author:
Publisher:
ISBN:
Category : Hydroelectric power plants
Languages : en
Pages : 114

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TVA Nuclear Power Cost Study--1954

TVA Nuclear Power Cost Study--1954 PDF Author:
Publisher:
ISBN:
Category : Nuclear energy
Languages : en
Pages : 100

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Book Description