Electricity Markets: Pricing, Structures and Economics

Electricity Markets: Pricing, Structures and Economics

• 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.

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.