Electricity Markets: Investment, Performance and Analysis
Posted by Hamada Rageh on Sunday, January 9, 2011
Electricity Markets: Investment, Performance and Analysis By Barrie Murray
Publisher: Wiley 1999-01-06 | 294 Pages | ISBN: 0471985074 | PDF | 1 MB
Publisher: Wiley 1999-01-06 | 294 Pages | ISBN: 0471985074 | PDF | 1 MB
The impact of deregulation on the theory and practice of investment
appraisal is addressed in this comprehensive treatment of the
restructuring of the electricity supply industry. Demonstrating that the
classical approach to generation investment appraisal is no longer
valid, a new approach is developed using three economic models to
represent differing market conditions. Highlighting the impact on the
organisation of the utilities and their suppliers, Electricity Markets
offers essential advice for survival in the deregulated environment
worldwide. Features include:
•Examination of the alternative market structures and their mechanisms
•Methods for investment appraisal and market simulation to support the assessment of market strategies by generators, distributors and suppliers
•Use of game theory to predict market behaviour and competitive interaction
•Coverage of the analytical and technical aspects of grid deregulation plus a look ahead to the long term productivity and structure of the industry
•Discussion of the regulatory framework and its limitations in improving efficiency and encouraging optimum levels of investment
This timely book will enlighten a broad audience ranging from utility managers and suppliers involved in deregulation to consultants and academics concerned with managing change.
•Examination of the alternative market structures and their mechanisms
•Methods for investment appraisal and market simulation to support the assessment of market strategies by generators, distributors and suppliers
•Use of game theory to predict market behaviour and competitive interaction
•Coverage of the analytical and technical aspects of grid deregulation plus a look ahead to the long term productivity and structure of the industry
•Discussion of the regulatory framework and its limitations in improving efficiency and encouraging optimum levels of investment
This timely book will enlighten a broad audience ranging from utility managers and suppliers involved in deregulation to consultants and academics concerned with managing change.