Rating: 0 out of 5 stars
0 ratings
Ebook239 pages5 hours
Power Markets and Economics: Energy Costs, Trading, Emissions
Rating: 0 out of 5 stars
()
About this ebook
It is now almost twenty years since liberalisation and the introduction of competition was proposed for electricity utilities. Some form of restructuring has been widely adopted around the world to suit local objectives. The industry now faces new challenges associated with global warming, rising prices and escalating energy demand from developing countries like China and India. The industry will have to cope with; managing emissions; managing variable energy sources like wind, dev eloping clean coal technology; accommodating distributed generation and new nuclear stations and managing the impact of these developments on the distribution and transmission networks. It is now necessary to consider how the various market structures that were adopted have performed and how they will address some of these new issues and what further changes might be necessary.
This volume presents an all-inclusive analysis of the electricity market structures that have been adopted around the world and how they are performing. It provides an up-to-date analysis of the cost of competing technologies, the operation of energy and ancillary service markets and the impact of renewable sources and emission restrictions. It takes a forward look at likely future developments necessary to cope with the new emerging issues.
- Part One introduces industry infrastructure, analysing state utilities, the motives behind liberalisation and the resulting structures.
- Part Two considers generation costs, including renewable generation costs, and investigates the cost of restricting emissions as well as transmission and distribution costs.
- Part Three discusses market operation, describing how costs affect the organisation of power generation. It covers trading arrangements, ancillary services, international trading and investment.
- Part Four looks to future markets and technological developments that will shape the industry through the next twenty years. This includes the appraisal of investment opportunities for global power companies and implications for market performance.
Written by an internationally renowned consultant engineer, this book is full of expert insight and balances fundamental methodology and academic theory with practical information and diverse worked examples.
This is an excellent reference on the topic for power system engineers, regulators, banks, investors, and government energy agencies. With its many worked examples, it is also a brilliant tutorial accessible for postgraduates and senior undergraduates in electrical and power engineering.
Related to Power Markets and Economics
Related ebooks
Strategic Asset Allocation in Fixed Income Markets: A Matlab Based User's Guide Property Derivatives: Pricing, Hedging and Applications Rating: 0 out of 5 stars0 ratingsA Currency Options Primer Rating: 0 out of 5 stars0 ratingsModeling and Forecasting Electricity Loads and Prices: A Statistical Approach Rating: 0 out of 5 stars0 ratingsStructured Finance: The Object Oriented Approach Rating: 0 out of 5 stars0 ratingsTime Series: Applications to Finance Rating: 4 out of 5 stars4/5Portfolio Risk Analysis Rating: 4 out of 5 stars4/5Managing Energy Risk: An Integrated View on Power and Other Energy Markets Rating: 0 out of 5 stars0 ratingsDigest of the Handbook on Electricity Markets - China Edition: 2022, #9 Rating: 0 out of 5 stars0 ratingsCommodity Trading and Risk Management Standard Requirements Rating: 0 out of 5 stars0 ratingsEnergy Markets: Price Risk Management and Trading Rating: 0 out of 5 stars0 ratingsRenewable energy market analysis: Southeast Asia Rating: 0 out of 5 stars0 ratingsModern Portfolio Management: Active Long/Short 130/30 Equity Strategies Rating: 0 out of 5 stars0 ratingsBubble Value at Risk: A Countercyclical Risk Management Approach Rating: 0 out of 5 stars0 ratingsVariable Frequency Transformers for Large Scale Power Systems Interconnection: Theory and Applications Rating: 5 out of 5 stars5/5Infrastructure as an Asset Class: Investment Strategy, Sustainability, Project Finance and PPP Rating: 0 out of 5 stars0 ratingsThe XVA of Financial Derivatives: CVA, DVA and FVA Explained Rating: 0 out of 5 stars0 ratingsQuantitative Management of Bond Portfolios Rating: 0 out of 5 stars0 ratingsHedge Fund Modelling and Analysis using MATLAB Rating: 0 out of 5 stars0 ratingsCredit Risk Frontiers: Subprime Crisis, Pricing and Hedging, CVA, MBS, Ratings, and Liquidity Rating: 0 out of 5 stars0 ratingsInvesting in Oil and Natural Gas Through ETCs Rating: 0 out of 5 stars0 ratingsRules for International Monetary Stability: Past, Present, and Future Rating: 0 out of 5 stars0 ratingsWorld Energy Transitions Outlook 2022: 1.5°C Pathway Rating: 0 out of 5 stars0 ratingsUnderstanding Natural Gas Prices Rating: 0 out of 5 stars0 ratingsTaming Japan's Deflation: The Debate over Unconventional Monetary Policy Rating: 0 out of 5 stars0 ratingsPortfolio and Investment Analysis with SAS: Financial Modeling Techniques for Optimization Rating: 3 out of 5 stars3/5Information and Learning in Markets: The Impact of Market Microstructure Rating: 0 out of 5 stars0 ratingsMastering Financial Accounting Essentials: The Critical Nuts and Bolts Rating: 0 out of 5 stars0 ratings
Economics For You
Die With Zero: Getting All You Can from Your Money and Your Life Rating: 4 out of 5 stars4/5The Intelligent Investor, Rev. Ed: The Definitive Book on Value Investing Rating: 4 out of 5 stars4/5Capitalism and Freedom Rating: 4 out of 5 stars4/5A People's History of the United States Rating: 4 out of 5 stars4/5The Opposite of Spoiled: Raising Kids Who Are Grounded, Generous, and Smart About Money Rating: 5 out of 5 stars5/5On Writing Well, 30th Anniversary Edition: An Informal Guide to Writing Nonfiction Rating: 4 out of 5 stars4/5Divergent Mind: Thriving in a World That Wasn't Designed for You Rating: 4 out of 5 stars4/5The Richest Man in Babylon: The most inspiring book on wealth ever written Rating: 5 out of 5 stars5/5Financial Feminist: Overcome the Patriarchy's Bullsh*t to Master Your Money and Build a Life You Love Rating: 4 out of 5 stars4/5Economics 101: From Consumer Behavior to Competitive Markets--Everything You Need to Know About Economics Rating: 4 out of 5 stars4/5Wise as Fu*k: Simple Truths to Guide You Through the Sh*tstorms of Life Rating: 5 out of 5 stars5/5The Affluent Society Rating: 4 out of 5 stars4/5Nickel and Dimed: On (Not) Getting By in America Rating: 4 out of 5 stars4/5Predictably Irrational, Revised and Expanded Edition: The Hidden Forces That Shape Our Decisions Rating: 4 out of 5 stars4/5Sex Trafficking: Inside the Business of Modern Slavery Rating: 4 out of 5 stars4/5The Alter Ego Effect: The Power of Secret Identities to Transform Your Life Rating: 4 out of 5 stars4/5The Confidence Code: The Science and Art of Self-Assurance---What Women Should Know Rating: 4 out of 5 stars4/5Multipliers, Revised and Updated: How the Best Leaders Make Everyone Smarter Rating: 4 out of 5 stars4/5Chip War: The Fight for the World's Most Critical Technology Rating: 4 out of 5 stars4/5How to Be Everything: A Guide for Those Who (Still) Don't Know What They Want to Be When They Grow Up Rating: 4 out of 5 stars4/5A History of Central Banking and the Enslavement of Mankind Rating: 5 out of 5 stars5/5Peak: Secrets from the New Science of Expertise Rating: 4 out of 5 stars4/5The Lords of Easy Money: How the Federal Reserve Broke the American Economy Rating: 4 out of 5 stars4/5Bait and Switch: The (Futile) Pursuit of the American Dream Rating: 3 out of 5 stars3/5Capital in the Twenty-First Century Rating: 4 out of 5 stars4/5Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail Rating: 4 out of 5 stars4/5Talking to My Daughter About the Economy: or, How Capitalism Works--and How It Fails Rating: 4 out of 5 stars4/5
Related podcast episodes
Surveillance: BOE's Recession Warning (Podcast) 0% found this document usefulThe Future Is Now for Automotive Supply Chain 0% found this document usefulEp.26| CMP - Craig & Martin Podcasting at Intersolar 2024 0% found this document usefulReviewing KubeCon Detroit 0% found this document usefulKubernetes Cost Optimization 0% found this document usefulChemical Conversations: Methanol Market Puts-and-Takes 0% found this document usefulCONDITION MONITORING IN THE BIOGAS INDUSTRY 0% found this document usefulUnleashing the power of KubeVirt - Running Containers and VMs on Kubernetes 0% found this document usefulThe Future of Supply Chain: Technology, Digitalization, and Industry Standards 0% found this document useful
Related articles
Property Money MagazineUNLIMITED
Property
Feb 2, 2022
2 min readThe Oil Industry Doesn’t Need Government Protection The AtlanticUNLIMITED
The Oil Industry Doesn’t Need Government Protection
Apr 24, 2020
8 min readA Crucial Commodity In Short Supply MoneyWeekUNLIMITED
A Crucial Commodity In Short Supply
Dec 9, 2022
5 min readIs Bitcoin the Most Obvious Bubble Ever? The AtlanticUNLIMITED
Is Bitcoin the Most Obvious Bubble Ever?
Dec 9, 2017
4 min readPower Play Racecar EngineeringUNLIMITED
Power Play
Sep 4, 2020
11 min readYear Of The Long Knives Racecar EngineeringUNLIMITED
Year Of The Long Knives
Dec 31, 2020
Manufacturers have started the challenging process of re-aligning their racing activities, and the next few years the racing world will look very different. Honda announced its withdrawal from Formula 1 at the end of the 2021 season, and Porsche step
3 min readElectric For The Masses Racecar EngineeringUNLIMITED
Electric For The Masses
Dec 3, 2021
6 min readMapping The Future Racecar EngineeringUNLIMITED
Mapping The Future
Dec 6, 2024
8 min readCaravan Of The Year Caravan WorldUNLIMITED
Caravan Of The Year
Jun 7, 2023
This issue of Caravan World and the following one is a little different, primarily because of the considerable effort by Editor-At-Large John Ford and the Emprise team in bringing you the Caravan of the Year (COTY) event. You'll see the results elsew
3 min readFinding The Silver Bullet AutosportUNLIMITED
Finding The Silver Bullet
Jan 19, 2023
3 min readEMISSIONS – Where Politics & Engineering Collide Car MechanicsUNLIMITED
EMISSIONS – Where Politics & Engineering Collide
Oct 15, 2020
A car manufacturer tunes engines to optimise cost, power, reliability, maintenance schedules and longevity, while meeting Whole Vehicle Type Approval targets. As emissions are set by legislators, perhaps it became inevitable that motor manufacturers
2 min readHydrogen Combustion is a Dead-End Technology for Heavy-Duty Trucks Union of Concerned ScientistsUNLIMITED
Hydrogen Combustion is a Dead-End Technology for Heavy-Duty Trucks
Dec 21, 2023
Earlier this month, the California Air Resources Board held a workshop on the use of hydrogen combustion engines in trucks in California as part of an agreement with the Truck and Engine Manufacturers. It was clear from the workshop that industry is
6 min readCar Industry Set To Meet 2024 EV Sales Target, Analysis Finds Evening StandardUNLIMITED
Car Industry Set To Meet 2024 EV Sales Target, Analysis Finds
Dec 23, 2024
3 min readCar Industry Set To Meet 2024 EV Sales Target, Analysis Finds The IndependentUNLIMITED
Car Industry Set To Meet 2024 EV Sales Target, Analysis Finds
Dec 23, 2024
3 min readThe Start of the Unraveling of Cheap Gas-Fired Power Union of Concerned ScientistsUNLIMITED
The Start of the Unraveling of Cheap Gas-Fired Power
Jun 22, 2022
4 min readMotogp’s Low-key Sustainable Shift AutosportUNLIMITED
Motogp’s Low-key Sustainable Shift
Mar 14, 2024
5 min readSTAYING On Track Deals On Wheels AustraliaUNLIMITED
STAYING On Track
Jul 31, 2022
8 min readFuture Bright For Atomic Batteries NZ4WDUNLIMITED
Future Bright For Atomic Batteries
Jun 21, 2020
3 min readStairway To Heaven Racecar EngineeringUNLIMITED
Stairway To Heaven
Jul 3, 2020
8 min readOn The Straight And Narrow Owner DriverUNLIMITED
On The Straight And Narrow
Jul 13, 2022
8 min readNow, The Fun Starts! Racecar EngineeringUNLIMITED
Now, The Fun Starts!
May 7, 2021
3 min readSpecial Section Boat International US EditionUNLIMITED
Special Section
Sep 20, 2022
2 min readPerformance Review Racecar EngineeringUNLIMITED
Performance Review
Oct 4, 2024
1 min readThe Future Of Motorsport WheelsUNLIMITED
The Future Of Motorsport
Dec 4, 2019
4 min readDear Reader ProfiUNLIMITED
Dear Reader
Jul 3, 2020
There have already been several dealer changes this year, and, if even some of the current rumours prove true, there could be further announcements over the coming months. Franchise switches are pretty commonplace, of course, as every few years there
2 min readHydro-matic Racecar EngineeringUNLIMITED
Hydro-matic
Jul 7, 2023
12 min readA Breath of Fresh Air Car IndiaUNLIMITED
A Breath of Fresh Air
Sep 3, 2020
5 min readShow And Tell Racecar EngineeringUNLIMITED
Show And Tell
Dec 6, 2019
3 min readMotorsport Is Good For You Racecar EngineeringUNLIMITED
Motorsport Is Good For You
Aug 2, 2019
3 min readTechnical Pilot Buyers Guide Yachting MonthlyUNLIMITED
Technical Pilot Buyers Guide
Aug 19, 2021
7 min read
Reviews for Power Markets and Economics
Rating: 0 out of 5 stars
0 ratings
0 ratings0 reviews
Book preview
Power Markets and Economics - Barrie Murray
Enjoying the preview?
Page 1 of 1