Understand the electricity market, its policies and how they drive prices, emissions, and security, with this comprehensive cross-disciplinary book. Author Chris Harris includes technical and quantitative arguments so you can confidently construct pricing models based on the various fluctuations that occur. Whether you?re a trader or an analyst, this book will enable you to make informed decisions about this volatile industry.
- Detailed coverage of the economic principles and market structures that underlie electricity markets, including concepts such as competition, market power, price formation, and regulation.
- Analysis of various pricing mechanisms used in electricity markets, including spot markets, forward markets, and derivatives markets.
- In-depth examination of the key factors that influence the supply and demand of electricity, including fuel costs, environmental regulations, and technology developments.
- Discussion of the various types of market participants and their roles in the electricity market, including generators, transmission and distribution utilities, and retail suppliers.
- Case studies and examples from real-world electricity markets to illustrate key concepts and help readers understand the practical application of the material.
- Comprehensive treatment of electricity market design, including topics such as transmission pricing, capacity markets, and renewable energy integration.
- Detailed coverage of the economic principles and market structures that underlie electricity markets, including concepts such as competition, market power, price formation, and regulation.
- Analysis of various pricing mechanisms used in electricity markets, including spot markets, forward markets, and derivatives markets.
- In-depth examination of the key factors that influence the supply and demand of electricity, including fuel costs, environmental regulations, and technology developments.
- Discussion of the various types of market participants and their roles in the electricity market, including generators, transmission and distribution utilities, and retail suppliers.
- Case studies and examples from real-world electricity markets to illustrate key concepts and help readers understand the practical application of the material.
- Comprehensive treatment of electricity market design, including topics such as transmission pricing, capacity markets, and renewable energy integration.
