000 | 08270nam a2201669 i 4500 | ||
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001 | 5264048 | ||
003 | IEEE | ||
005 | 20220712205644.0 | ||
006 | m o d | ||
007 | cr |n||||||||| | ||
008 | 151221s2002 njua ob 001 eng d | ||
020 |
_a9780470545584 _qelectronic |
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020 |
_z9780471150404 _qprint |
||
020 |
_z0470545585 _qelectronic |
||
024 | 7 |
_a10.1109/9780470545584 _2doi |
|
035 | _a(CaBNVSL)mat05264048 | ||
035 | _a(IDAMS)0b000064810c3ee0 | ||
040 |
_aCaBNVSL _beng _erda _cCaBNVSL _dCaBNVSL |
||
050 | 4 |
_aHD9685.A2 _bS75 2002eb |
|
082 | 0 | 4 |
_a333.793/23 _222 |
100 | 1 |
_aStoft, Steven, _eauthor. _926796 |
|
245 | 1 | 0 |
_aPower system economics : _bdesigning markets for electricity / _cSteven Stoft. |
264 | 1 |
_aPiscataway, New Jersey : _bIEEE Press, _c2002. |
|
264 | 2 |
_a[Piscataqay, New Jersey] : _bIEEE Xplore, _c[2002] |
|
300 |
_a1 PDF (xxiv, 468 pages) : _billustrations. |
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336 |
_atext _2rdacontent |
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337 |
_aelectronic _2isbdmedia |
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338 |
_aonline resource _2rdacarrier |
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500 | _a"An introduction to the fundamental economics of power market design and analysis"--Back cover. | ||
504 | _aIncludes bibliographical references (p. [455]-459) and index. | ||
505 | 0 | _aList of Results and Fallacies. -- Preface. -- Acronyms and Abbreviations. -- Symbols. -- Part 1: Power Market Fundamentals. -- Prologue. -- Why Deregulate? -- What to Deregulate. -- Pricing Power, Energy, and Capacity. -- Power Supply and Demand. -- What Is Competition? -- Marginal Cost in a Power Market. -- Market Structure. -- Market Architecture. -- Designing and Testing Market Rules. -- Part 2: Reliability, Price Spikes and Investment. -- Reliability and Investment Policy. -- Price Spikes Recover Fixed Costs. -- Reliability and Generation. -- Limiting the Price Spikes. -- Value-of-Lost-Load Pricing. -- Operating-Reserve Pricing. -- Market Dynamics and the Profit Function. -- Requirements for Installed Capacity. -- Inter-System Competition for Reliability. -- Unsolved Problems. -- Part 3: Market Architecture. -- Introduction. -- The Two-Settlement System. -- Day-Ahead Market Designs. -- Ancillary Services. -- The Day-Ahead Market in Theory. -- The Real-Time Market in Theory. -- The Day-Ahead Market in Practice. -- The Real-Time Market in Practice. -- The New Unit-Commitment Problem. -- The Market for Operating Reserves. -- Part 4: Market Power. -- Defining Market Power. -- Exercising Market Power. -- Modeling Market Power. -- Designing to Reduce Market Power. -- Predicting Market Power. -- Monitoring Market Power. -- Part 5: Locational Pricing. -- Power Transmission and Losses. -- Physical Transmission Limits. -- Congestion Pricing Fundamentals. -- Congestion Pricing Methods. -- Congestion Pricing Fallacies. -- Refunds and Taxes. -- Pricing Losses on Lines. -- Pricing Losses at Nodes. -- Transmission Rights. -- Glossary. -- References. -- Index. | |
506 | 1 | _aRestricted to subscribers or individual electronic text purchasers. | |
520 | _aThe first systematic presentation of electricity market design-from the basics to the cutting edge. Unique in its breadth and depth. Using examples and focusing on fundamentals, it clarifies long misunderstood issues-such as why today's markets are inherently unstable. The book reveals for the first time how uncoordinated regulatory and engineering policies cause boom-bust investment swings and provides guidance and tools for fixing broken markets. It also takes a provocative look at the operation of pools and power exchanges. * Part 1 introduces key economic, engineering and market design concepts. * Part 2 links short-run reliability policies with long-run investment problems. * Part 3 examines classic designs for day-ahead and real-time markets. * Part 4 covers market power, and * Part 5 covers locational pricing, transmission right and pricing losses. The non-technical introductions to all chapters allow easy access to the most difficult topics. Steering an independent course between ideological extremes, it provides background material for engineers, economists, regulators and lawyers alike. With nearly 250 figures, tables, side bars, and concisely-stated results and fallacies, the 44 chapters cover such essential topics as auctions, fixed-cost recovery from marginal cost, pricing fallacies, real and reactive power flows, Cournot competition, installed capacity markets, HHIs, the Lerner index and price caps. About the Author Steven Stoft has a Ph.D. in economics (U.C. Berkeley) as well as a background in physics, math, engineering, and astronomy. He spent a year inside FERC and now consults for PJM, California and private generators. Learn more at www.stoft.com. | ||
530 | _aAlso available in print. | ||
538 | _aMode of access: World Wide Web | ||
588 | _aDescription based on PDF viewed 12/21/2015. | ||
650 | 0 |
_aElectric utilities _xEconomic aspects. _926797 |
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650 | 0 |
_aElectric industries _xEconomic aspects. _926798 |
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650 | 0 |
_aElectric power. _926799 |
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650 | 0 |
_aElectric utilities. _926199 |
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655 | 0 |
_aElectronic books. _93294 |
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695 | _aAggregates | ||
695 | _aApproximation methods | ||
695 | _aBibliographies | ||
695 | _aBiological system modeling | ||
695 | _aBusiness | ||
695 | _aCalculus | ||
695 | _aCapacitors | ||
695 | _aCapacity planning | ||
695 | _aChaos | ||
695 | _aChapters | ||
695 | _aCities and towns | ||
695 | _aCompanies | ||
695 | _aComplexity theory | ||
695 | _aComputational efficiency | ||
695 | _aComputational fluid dynamics | ||
695 | _aComputer architecture | ||
695 | _aContext | ||
695 | _aContracts | ||
695 | _aCouplings | ||
695 | _aCurrent measurement | ||
695 | _aEconomics | ||
695 | _aElasticity | ||
695 | _aElectricity | ||
695 | _aElectromagnetic fields | ||
695 | _aEnergy measurement | ||
695 | _aEquations | ||
695 | _aFace | ||
695 | _aFinance | ||
695 | _aFluctuations | ||
695 | _aFluid flow measurement | ||
695 | _aFocusing | ||
695 | _aForce | ||
695 | _aForward contracts | ||
695 | _aFrequency measurement | ||
695 | _aFriction | ||
695 | _aGames | ||
695 | _aGenerators | ||
695 | _aGuidelines | ||
695 | _aHeart | ||
695 | _aHeating | ||
695 | _aISO | ||
695 | _aIndexes | ||
695 | _aInsurance | ||
695 | _aInvestments | ||
695 | _aIrrigation | ||
695 | _aLead | ||
695 | _aLimiting | ||
695 | _aLoad flow | ||
695 | _aLoad modeling | ||
695 | _aMIMICs | ||
695 | _aMaintenance engineering | ||
695 | _aMarine vehicles | ||
695 | _aMarketing and sales | ||
695 | _aMathematical model | ||
695 | _aMathematics | ||
695 | _aMeasurement units | ||
695 | _aMonitoring | ||
695 | _aMonopoly | ||
695 | _aOligopoly | ||
695 | _aOptimization | ||
695 | _aPhysics | ||
695 | _aPower demand | ||
695 | _aPower markets | ||
695 | _aPower measurement | ||
695 | _aPower quality | ||
695 | _aPower system economics | ||
695 | _aPower system reliability | ||
695 | _aPower system stability | ||
695 | _aPower systems | ||
695 | _aPower transmission lines | ||
695 | _aPredictive models | ||
695 | _aPricing | ||
695 | _aProduction | ||
695 | _aProfitability | ||
695 | _aPropagation losses | ||
695 | _aReactive power | ||
695 | _aReal time systems | ||
695 | _aRegulators | ||
695 | _aReliability | ||
695 | _aResource management | ||
695 | _aSections | ||
695 | _aSecurity | ||
695 | _aSoftware reliability | ||
695 | _aSpinning | ||
695 | _aSupply and demand | ||
695 | _aSynchronous motors | ||
695 | _aTerminology | ||
695 | _aTesting | ||
695 | _aThermal stability | ||
695 | _aTiming | ||
695 | _aTransmission line measurements | ||
695 | _aUncertainty | ||
695 | _aVariable speed drives | ||
695 | _aVoltage measurement | ||
695 | _aWireless communication | ||
710 | 2 |
_aJohn Wiley & Sons, _epublisher. _96902 |
|
710 | 2 |
_aIEEE Xplore (Online service), _edistributor. _926800 |
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776 | 0 | 8 |
_iPrint version: _z9780471150404 |
856 | 4 | 2 |
_3Abstract with links to resource _uhttps://ieeexplore.ieee.org/xpl/bkabstractplus.jsp?bkn=5264048 |
942 | _cEBK | ||
999 |
_c73881 _d73881 |