Economics of Power Systems
Springer International Publishing (Verlag)
978-3-030-97769-6 (ISBN)
In order to manage the transition towards a sustainable future electricity system, an in-depth understanding of the key technological, economic, environmental and societal drivers for electricity markets is required. Suitable for advanced undergraduate and graduate students, this textbook provides an overview of these drivers and introduces readers to major economic models and empirical evidence for the study of electricity markets and systems.
Readers will learn about electricity generation, demand, transport, and storage, as well as the fundamentals of grid and electricity markets in Europe. By introducing them to state-of-the-art models from operations research and economics, the book provides a solid basis for analytical insights and numerical modeling. Furthermore, the book discusses the policy instruments and design choices for electricity market regulation and sustainable power system development, as well as the current challenges for smart energy systems.
lt;p> Christoph Weber is a Full Professor of Management Sciences and Energy Economics at the University of Duisburg-Essen, Germany. With a background in Mechanical Engineering and a Ph.D. in Economics, his main research interests are in electricity markets, risk and sustainable energy systems, and the use of operations research methods in connection with energy.
Introduction.- Fundamentals of Energy and Power Systems.- Energy Demand.- Electricity Generation and Operational Planning.- Electricity Transport and Storage.- Regulation: Grids and Environment.- Simple Electricity Market Equilibrium Models.- Markets: Organisation, Trading and Efficiency.- Imperfect Competition and Market Power.- Electricity Markets in Europe.- Valuing Flexibilities in Power Systems as Optionalities.- Moving Towards Sustainable Electricity Systems.
Erscheinungsdatum | 16.11.2022 |
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Reihe/Serie | Springer Texts in Business and Economics |
Zusatzinfo | XXIV, 423 p. 132 illus., 28 illus. in color. |
Verlagsort | Cham |
Sprache | englisch |
Maße | 155 x 235 mm |
Gewicht | 829 g |
Themenwelt | Technik ► Elektrotechnik / Energietechnik |
Wirtschaft ► Volkswirtschaftslehre | |
Schlagworte | Electricity market regulation und design • electricity markets • Energy Demand • Energy Economics • Energy Markets • Energy policy and regulation • Energy Technologies • Power system models • smart energy systems • sustainability • Sustainable electricity systems • Sustainable energy system transformation |
ISBN-10 | 3-030-97769-2 / 3030977692 |
ISBN-13 | 978-3-030-97769-6 / 9783030977696 |
Zustand | Neuware |
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