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Author: C. Harris
Publisher: Springer
ISBN: 1137370920
Category : Business & Economics
Languages : en
Pages : 265
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Book Description
Peak Load and Capacity Pricing lays out clear pricing strategies for understanding peak load and capacity pricing structures, further cementing electricity's role as an asset class with fixed and variable costs.
Author: C. Harris
Publisher: Springer
ISBN: 1137370920
Category : Business & Economics
Languages : en
Pages : 265
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Book Description
Peak Load and Capacity Pricing lays out clear pricing strategies for understanding peak load and capacity pricing structures, further cementing electricity's role as an asset class with fixed and variable costs.
Author: M. M. Ceyssens
Publisher:
ISBN:
Category :
Languages : en
Pages : 64
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Book Description
Author: Bridger M. Mitchell
Publisher: HarperTorch
ISBN:
Category : Electric utilities
Languages : en
Pages : 280
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Book Description
Author: Klaus Eisenack
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
We extend the theory of peak-load pricing by considering that the production with different technologies can be adjusted within their capacity at different speeds. In the established analysis, all production decisions can be made after the random variables realize. In our setting, in contrast, some decisions are made before, others after. We consider fixed load and three types of capacities: medium-dispatchable capacity needs to be scheduled ahead of actual production, non-dispatchable capacity produces randomly, and highly-dispatchable capacity can instantly adjust. If capacities differ in their dispatchability, some standard results of peak-load pricing break down, e.g., not all types of capacity will be employed. Either a system with medium-dispatchables only, or a system dominated by non-dispatchables and supplemented by highly-dispatchables occurs, where non- and highly-dispatchables could be substitutes or complements. For the latter system capacity decisions cannot be decentralized by markets since costs recovery is not possible.
Author: Vijayamohanan Pillai N.
Publisher: LAP Lambert Academic Publishing
ISBN: 9783659134760
Category :
Languages : en
Pages : 176
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Book Description
The peak load pricing theory was once a fertile field for analytical exercises. The general result from the traditional theory of peak load pricing charged the off peak consumers marginal operating costs only and the on-peak users marginal operating plus marginal capacity costs, since it is the on-peakers who were assumed to press against capacity. The theoretical refinements have since somehow ceased to attract attention, possibly because the classical framework and the inevitable result have been taken for granted, and the research interest has shifted from theory to empirics. The present work seeks to take issue with the classical conclusion and shows that if the off-peak period output is explicitly expressed in terms of capacity utilization of that period, the result will be an off-peak price including a fraction of the capacity cost in proportion to its significance relative to total utilization. The work also analyzes the implications of the relationship between reliability and rationing cost involved in a power supply system in the framework of the standard inventory analysis, instead of the conventional marginalist approach of welfare economics.
Author: Robert E. Dansby
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
Author: Jan Paul Acton
Publisher:
ISBN:
Category :
Languages : en
Pages : 77
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Book Description
Author: Ted Bergstrom
Publisher:
ISBN:
Category : Electric utilities
Languages : en
Pages : 0
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Book Description
Author: Ted Bergstrom
Publisher:
ISBN:
Category : Electric utilities
Languages : en
Pages : 16
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Book Description
Author:
Publisher:
ISBN:
Category : Electric utilities
Languages : en
Pages : 252
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Book Description
