Electricity Markets: Pricing, Structures and Economics (The Wiley Finance Series)

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Electricity Markets: Pricing, Structures and Economics (The Wiley Finance Series)

• 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.