Author: Ralph Turvey
Publisher: Routledge
ISBN: 1351386409
Category : Business & Economics
Languages : en
Pages : 132
Book Description
Originally published in 1968, this book was one of the first full-scale published studies of the principles of investment planning and of the structure of marginal costs in a public enterprise. The concepts involved were more developed and applied in the world's electricity industries than elsewhere, and this book will be of interest to both engineers and administrators who are concerned with electricity supply, by setting out the characteristics of investment planning in this sector and the implications for cost analysis.
Optimal Pricing and Investment in Electricity Supply
Author: Ralph Turvey
Publisher: Routledge
ISBN: 1351386409
Category : Business & Economics
Languages : en
Pages : 132
Book Description
Originally published in 1968, this book was one of the first full-scale published studies of the principles of investment planning and of the structure of marginal costs in a public enterprise. The concepts involved were more developed and applied in the world's electricity industries than elsewhere, and this book will be of interest to both engineers and administrators who are concerned with electricity supply, by setting out the characteristics of investment planning in this sector and the implications for cost analysis.
Publisher: Routledge
ISBN: 1351386409
Category : Business & Economics
Languages : en
Pages : 132
Book Description
Originally published in 1968, this book was one of the first full-scale published studies of the principles of investment planning and of the structure of marginal costs in a public enterprise. The concepts involved were more developed and applied in the world's electricity industries than elsewhere, and this book will be of interest to both engineers and administrators who are concerned with electricity supply, by setting out the characteristics of investment planning in this sector and the implications for cost analysis.
Optimal Pricing and Investment in Electricity Supply
Author: Ralph Turvey
Publisher: Routledge
ISBN: 1351386395
Category : Business & Economics
Languages : en
Pages : 165
Book Description
Originally published in 1968, this book was one of the first full-scale published studies of the principles of investment planning and of the structure of marginal costs in a public enterprise. The concepts involved were more developed and applied in the world's electricity industries than elsewhere, and this book will be of interest to both engineers and administrators who are concerned with electricity supply, by setting out the characteristics of investment planning in this sector and the implications for cost analysis.
Publisher: Routledge
ISBN: 1351386395
Category : Business & Economics
Languages : en
Pages : 165
Book Description
Originally published in 1968, this book was one of the first full-scale published studies of the principles of investment planning and of the structure of marginal costs in a public enterprise. The concepts involved were more developed and applied in the world's electricity industries than elsewhere, and this book will be of interest to both engineers and administrators who are concerned with electricity supply, by setting out the characteristics of investment planning in this sector and the implications for cost analysis.
The Economics of Electricity Markets
Author: Darryl R. Biggar
Publisher: John Wiley & Sons
ISBN: 1118775724
Category : Science
Languages : en
Pages : 493
Book Description
Bridges the knowledge gap between engineering and economics in a complex and evolving deregulated electricity industry, enabling readers to understand, operate, plan and design a modern power system With an accessible and progressive style written in straight-forward language, this book covers everything an engineer or economist needs to know to understand, operate within, plan and design an effective liberalized electricity industry, thus serving as both a useful teaching text and a valuable reference. The book focuses on principles and theory which are independent of any one market design. It outlines where the theory is not implemented in practice, perhaps due to other over-riding concerns. The book covers the basic modelling of electricity markets, including the impact of uncertainty (an integral part of generation investment decisions and transmission cost-benefit analysis). It draws out the parallels to the Nordpool market (an important point of reference for Europe). Written from the perspective of the policy-maker, the first part provides the introductory background knowledge required. This includes an understanding of basic economics concepts such as supply and demand, monopoly, market power and marginal cost. The second part of the book asks how a set of generation, load, and transmission resources should be efficiently operated, and the third part focuses on the generation investment decision. Part 4 addresses the question of the management of risk and Part 5 discusses the question of market power. Any power system must be operated at all times in a manner which can accommodate the next potential contingency. This demands responses by generators and loads on a very short timeframe. Part 6 of the book addresses the question of dispatch in the very short run, introducing the distinction between preventive and corrective actions and why preventive actions are sometimes required. The seventh part deals with pricing issues that arise under a regionally-priced market, such as the Australian NEM. This section introduces the notion of regions and interconnectors and how to formulate constraints for the correct pricing outcomes (the issue of "constraint orientation"). Part 8 addresses the fundamental and difficult issue of efficient transmission investment, and finally Part 9 covers issues that arise in the retail market. Bridges the gap between engineering and economics in electricity, covering both the economics and engineering knowledge needed to accurately understand, plan and develop the electricity market Comprehensive coverage of all the key topics in the economics of electricity markets Covers the latest research and policy issues as well as description of the fundamental concepts and principles that can be applied across all markets globally Numerous worked examples and end-of-chapter problems Companion website holding solutions to problems set out in the book, also the relevant simulation (GAMS) codes
Publisher: John Wiley & Sons
ISBN: 1118775724
Category : Science
Languages : en
Pages : 493
Book Description
Bridges the knowledge gap between engineering and economics in a complex and evolving deregulated electricity industry, enabling readers to understand, operate, plan and design a modern power system With an accessible and progressive style written in straight-forward language, this book covers everything an engineer or economist needs to know to understand, operate within, plan and design an effective liberalized electricity industry, thus serving as both a useful teaching text and a valuable reference. The book focuses on principles and theory which are independent of any one market design. It outlines where the theory is not implemented in practice, perhaps due to other over-riding concerns. The book covers the basic modelling of electricity markets, including the impact of uncertainty (an integral part of generation investment decisions and transmission cost-benefit analysis). It draws out the parallels to the Nordpool market (an important point of reference for Europe). Written from the perspective of the policy-maker, the first part provides the introductory background knowledge required. This includes an understanding of basic economics concepts such as supply and demand, monopoly, market power and marginal cost. The second part of the book asks how a set of generation, load, and transmission resources should be efficiently operated, and the third part focuses on the generation investment decision. Part 4 addresses the question of the management of risk and Part 5 discusses the question of market power. Any power system must be operated at all times in a manner which can accommodate the next potential contingency. This demands responses by generators and loads on a very short timeframe. Part 6 of the book addresses the question of dispatch in the very short run, introducing the distinction between preventive and corrective actions and why preventive actions are sometimes required. The seventh part deals with pricing issues that arise under a regionally-priced market, such as the Australian NEM. This section introduces the notion of regions and interconnectors and how to formulate constraints for the correct pricing outcomes (the issue of "constraint orientation"). Part 8 addresses the fundamental and difficult issue of efficient transmission investment, and finally Part 9 covers issues that arise in the retail market. Bridges the gap between engineering and economics in electricity, covering both the economics and engineering knowledge needed to accurately understand, plan and develop the electricity market Comprehensive coverage of all the key topics in the economics of electricity markets Covers the latest research and policy issues as well as description of the fundamental concepts and principles that can be applied across all markets globally Numerous worked examples and end-of-chapter problems Companion website holding solutions to problems set out in the book, also the relevant simulation (GAMS) codes
Handbook on Electricity Markets
Author: Glachant, Jean-Michel
Publisher: Edward Elgar Publishing
ISBN: 1788979958
Category : Business & Economics
Languages : en
Pages : 672
Book Description
With twenty-two chapters written by leading international experts, this volume represents the most detailed and comprehensive Handbook on electricity markets ever published.
Publisher: Edward Elgar Publishing
ISBN: 1788979958
Category : Business & Economics
Languages : en
Pages : 672
Book Description
With twenty-two chapters written by leading international experts, this volume represents the most detailed and comprehensive Handbook on electricity markets ever published.
Energy Pricing And Demand Management
Author: Mohan Munasinghe
Publisher: Routledge
ISBN: 0429716389
Category : Political Science
Languages : en
Pages : 142
Book Description
Dr. Munasinghe emphasizes the importance of coordinated energy planning and pricing in less developed countries with particular reference to the interrelationships among the pricing policies adopted in various energy subsectors--electric power, petroleum, natural gas, coal, and traditional fuels (e.g., firewood, crop residues, and dung). In less developed countries the already complex problems typically faced by energy planners are exacerbated by high levels of market distortion, shortages of foreign exchange and resources for development, large numbers of poor households whose basic needs must be met, reliance on traditional fuels, and a relative paucity of energy data. The principal investment issues surrounding energy planning and the extent to which they influence pricing policy are also discussed.
Publisher: Routledge
ISBN: 0429716389
Category : Political Science
Languages : en
Pages : 142
Book Description
Dr. Munasinghe emphasizes the importance of coordinated energy planning and pricing in less developed countries with particular reference to the interrelationships among the pricing policies adopted in various energy subsectors--electric power, petroleum, natural gas, coal, and traditional fuels (e.g., firewood, crop residues, and dung). In less developed countries the already complex problems typically faced by energy planners are exacerbated by high levels of market distortion, shortages of foreign exchange and resources for development, large numbers of poor households whose basic needs must be met, reliance on traditional fuels, and a relative paucity of energy data. The principal investment issues surrounding energy planning and the extent to which they influence pricing policy are also discussed.
Economics of Electricity
Author: Anna Cretì
Publisher: Cambridge University Press
ISBN: 1107185653
Category : Business & Economics
Languages : en
Pages : 369
Book Description
Explains the economics of electricity at each step of the supply chain: production, transportation and distribution, and retail.
Publisher: Cambridge University Press
ISBN: 1107185653
Category : Business & Economics
Languages : en
Pages : 369
Book Description
Explains the economics of electricity at each step of the supply chain: production, transportation and distribution, and retail.
Economic Evaluation of Projects in the Electricity Supply Industry
Author: Hisham Khatib
Publisher: IET
ISBN: 0863413048
Category : Business & Economics
Languages : en
Pages : 234
Book Description
This fully revised and updated edition takes a broad introductory approach, covering market and environmental issues, financial analysis and evaluation and clean environmental technologies and costs. A valuable reference for engineers, economists and financial analysts needing an understanding of the area.
Publisher: IET
ISBN: 0863413048
Category : Business & Economics
Languages : en
Pages : 234
Book Description
This fully revised and updated edition takes a broad introductory approach, covering market and environmental issues, financial analysis and evaluation and clean environmental technologies and costs. A valuable reference for engineers, economists and financial analysts needing an understanding of the area.
Energy Economics
Author: Subhes C. Bhattacharyya
Publisher: Springer Science & Business Media
ISBN: 0857292684
Category : Business & Economics
Languages : en
Pages : 723
Book Description
Since its modest beginning in the 1970s, the academic and research focus on energy has grown substantially and energy has established itself as an independent, interdisciplinary subject area. It attracts attention from people in a range of different fields including engineers, scientists, geologists, environmentalists, bankers, investors, policy makers and politicians. Energy Economics introduces the basic concepts of energy economics and explains how simple economic tools can be used to analyse contemporary energy issues. Energy Economics is organised into six parts that give the reader a thorough grounding in various key aspects of the subject: basic demand-related concepts and ideas used in energy economics; supply-side economics; energy markets, with specific emphasis on oil, gas and coal; the application of simple economic principles in analysing contemporary energy issues; environmental aspects of energy use; and regulatory and governance issues. Energy Economics is an easily accessible reference book for students of energy economics at the postgraduate level, as well as for a wider interdisciplinary audience. It provides readers with the skills required to understand and analyse complex energy issues from an economic perspective.
Publisher: Springer Science & Business Media
ISBN: 0857292684
Category : Business & Economics
Languages : en
Pages : 723
Book Description
Since its modest beginning in the 1970s, the academic and research focus on energy has grown substantially and energy has established itself as an independent, interdisciplinary subject area. It attracts attention from people in a range of different fields including engineers, scientists, geologists, environmentalists, bankers, investors, policy makers and politicians. Energy Economics introduces the basic concepts of energy economics and explains how simple economic tools can be used to analyse contemporary energy issues. Energy Economics is organised into six parts that give the reader a thorough grounding in various key aspects of the subject: basic demand-related concepts and ideas used in energy economics; supply-side economics; energy markets, with specific emphasis on oil, gas and coal; the application of simple economic principles in analysing contemporary energy issues; environmental aspects of energy use; and regulatory and governance issues. Energy Economics is an easily accessible reference book for students of energy economics at the postgraduate level, as well as for a wider interdisciplinary audience. It provides readers with the skills required to understand and analyse complex energy issues from an economic perspective.
Investment Decisions in the Nationalised Fuel Industries
Author: Robin Bates
Publisher: CUP Archive
ISBN: 9780521204552
Category : Business & Economics
Languages : en
Pages : 212
Book Description
Monograph on public investment planning and decision making in the gas and electric power public enterprises in the UK - studies applications of investment criteria and covers choice of a discount rate, separation of investment and pricing decisions, etc. Bibliography pp. 177 to 188.
Publisher: CUP Archive
ISBN: 9780521204552
Category : Business & Economics
Languages : en
Pages : 212
Book Description
Monograph on public investment planning and decision making in the gas and electric power public enterprises in the UK - studies applications of investment criteria and covers choice of a discount rate, separation of investment and pricing decisions, etc. Bibliography pp. 177 to 188.
Economic Theory in Retrospect
Author: Mark Blaug
Publisher: Cambridge University Press
ISBN: 1107717345
Category : Business & Economics
Languages : en
Pages : 756
Book Description
This is a history of economic thought from Adam Smith to John Maynard Keynes - but it is a history with a difference. Firstly, it is a history of economic theory, not of economic doctrines, that is, it is consistently focused on theoretical analysis, undiluted by entertaining historical digressions or biological colouring. Secondly, it includes detailed Reader's Guides to nine of the major texts of economics, namely the works of Smith, Ricardo, Mill, Marx, Marshall, Wickstead, Wicksell, Walras and Keynes, in the effort to encourage students to become acquainted at first hand with the writings of all the great economists. This fifth edition, first published in 1997, adds new Reader's Guides to Walras's Elements of Pure Economics (1871–74) and Keynes' General Theory to the previous seven Reader's Guides of other great books in economics. There are significant and major additions to six chapters.
Publisher: Cambridge University Press
ISBN: 1107717345
Category : Business & Economics
Languages : en
Pages : 756
Book Description
This is a history of economic thought from Adam Smith to John Maynard Keynes - but it is a history with a difference. Firstly, it is a history of economic theory, not of economic doctrines, that is, it is consistently focused on theoretical analysis, undiluted by entertaining historical digressions or biological colouring. Secondly, it includes detailed Reader's Guides to nine of the major texts of economics, namely the works of Smith, Ricardo, Mill, Marx, Marshall, Wickstead, Wicksell, Walras and Keynes, in the effort to encourage students to become acquainted at first hand with the writings of all the great economists. This fifth edition, first published in 1997, adds new Reader's Guides to Walras's Elements of Pure Economics (1871–74) and Keynes' General Theory to the previous seven Reader's Guides of other great books in economics. There are significant and major additions to six chapters.