Spot Pricing of Electricity

by Roger E Bohn, Richard D. Tabors, Fred C. Schweppe, et al.

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There is a need for fundamental changes in the ways society views electric energy. Electric energy must be treated as a commodity which can be bought, sold, and traded, taking into account its time-and space-varying values and costs. This book presents a complete framework for the establishment of such an energy marketplace. The framework is based on the use of spot prices. In general terms: o An hourly spot price (in dollars per kilowatt hour) reflects...

Format:Hardcover

Language:English

ISBN:0898382602

ISBN13:9780898382600

Release Date:November 1988

Publisher:Springer

Length:356 Pages

Weight:1.40 lbs.

Dimensions:1.1" x 6.4" x 9.2"

Related Subjects

Business Business & Finance Business & Investing Economics Electrical & Electronics Engineering Environmental Economics Industries & Professions Information Management Management & Leadership

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