Electricity Prices In A Competitive Environment

Author : Mary Hutzler
Publisher : DIANE Publishing
Page : 129 pages
File Size : 54,9 Mb
Release : 1998-05
Category : Electronic
ISBN : 9780788149092

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Electricity Prices in a Competitive Environment by Mary Hutzler Pdf

Discusses the events that led to current initiatives to restructure the electric power industry, and the institutional and structural changes that will be required to support the competitive pricing of electricity. Describes the analysis assumptions and methodology. Compares electricity prices under regulation and prices under competition. Discusses the sensitivities of the results to key parameters in the analysis cases. Analyzes the cash flow implications of the new competitive prices for utilities. Extensive charts, tables and graphs.

Author : United States. Energy Information Administration
Publisher : Unknown
Page : 140 pages
File Size : 46,5 Mb
Release : 1997
Category : Competition
ISBN : NYPL:33433076472228

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Electricity Prices in a Competitive Environment by United States. Energy Information Administration Pdf

Author : Ahmad Faruqui,Kelly Eakin
Publisher : Springer Science & Business Media
Page : 463 pages
File Size : 53,6 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9781461545293

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Pricing in Competitive Electricity Markets by Ahmad Faruqui,Kelly Eakin Pdf

Electricity markets are being deregulated or face new regulatory frameworks. In such changing markets, new pricing strategies will need to consider such factors as cost, value of service and pricing by objective. Pricing in Competitive Electricity Markets introduces a new family of pricing concepts, methodologies, models, tools and databases focused on market-based pricing. This book reviews important theoretical pricing issues as well as practical pricing applications for changing electricity markets.

Author : Advisory Committee on Competition in Ontario's Electricity System,Ontario. Ministry of Environment and Energy
Publisher : Unknown
Page : 196 pages
File Size : 44,7 Mb
Release : 1996
Category : Competition
ISBN : MSU:31293016260402

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A Framework for Competition by Advisory Committee on Competition in Ontario's Electricity System,Ontario. Ministry of Environment and Energy Pdf

Author : Joseph L. Welch, PE,C. J. Bolling, PhD
Publisher : Lulu.com
Page : 224 pages
File Size : 51,8 Mb
Release : 2009
Category : Business & Economics
ISBN : 9780557160174

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Competitive Electricity Markets: The Power of Choice by Joseph L. Welch, PE,C. J. Bolling, PhD Pdf

Critique of the US Electricity Industry. Analysis of derailed industry deregulation initiatives. Sketches a new, competitively structured Energy Policy Template.

Author : Ahmad Faruqui,Kelly Eakin
Publisher : Springer Science & Business Media
Page : 372 pages
File Size : 53,5 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9781461508335

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Electricity Pricing in Transition by Ahmad Faruqui,Kelly Eakin Pdf

Electricity Pricing In Transition is written to address the new issues facing utilities, retailers, regulators, and customers in the changing electricity market. It is organized into five sections. Section I deals with the new restructured organization that has emerged from yesterday's vertically integrated, regulated monopoly company. Section II deals with issues in competitive pricing. Section III reviews the role of demand response and product design in today's chaotic marketplace. Given the single importance of California's energy crisis and the fact that it will be studied for years to come, Section IV is devoted to studying the lessons learned from this crisis. The final section of the book deals with markets and regulations. This book will provide practitioners with guidance on how to avoid the major pitfalls in pricing electricity while the market is in transition by drawing upon the insights and lessons learned from the experience of others that are documented in this book.

Author : Petter L. Skantze,Marija Ilic
Publisher : Springer Science & Business Media
Page : 220 pages
File Size : 52,7 Mb
Release : 2012-12-06
Category : Technology & Engineering
ISBN : 9781461517016

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Valuation, Hedging and Speculation in Competitive Electricity Markets by Petter L. Skantze,Marija Ilic Pdf

The challenges currently facing particIpants m competitive electricity markets are unique and staggering: unprecedented price volatility, a crippling lack of historical market data on which to test new modeling approaches, and a continuously changing regulatory structure. Meeting these challenges will require the knowledge and experience of both the engineering and finance communities. Yet the two communities continue to largely ignore each other. The finance community believes that engineering models are too detailed and complex to be practically applicable in the fast changing market environment. Engineers counter that the finance models are merely statistical regressions, lacking the necessary structure to capture the true dynamic properties of complex power systems. While both views have merit, neither group has by themselves been able to produce effective tools for meeting industry challenges. The goal of this book is to convey the fundamental differences between electricity and other traded commodities, and the impact these differences have on valuation, hedging and operational decisions made by market participants. The optimization problems associated with these decisions are formulated in the context of the market realities of today's power industry, including a lack of liquidity on forward and options markets, limited availability of historical data, and constantly changing regulatory structures.

Author : Derek W. Bunn
Publisher : John Wiley & Sons
Page : 368 pages
File Size : 50,5 Mb
Release : 2004-04-02
Category : Business & Economics
ISBN : UCSC:32106015982231

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Modelling Prices in Competitive Electricity Markets by Derek W. Bunn Pdf

Electricity markets are structurally different to other commodities, and the real-time dynamic balancing of the electricity network involves many external factors. Because of this, it is not a simple matter to transfer conventional models of financial time series analysis to wholesale electricity prices. The rationale for this compilation of chapters from international authors is, therefore, to provide econometric analysis of wholesale power markets around the world, to give greater understanding of their particular characteristics, and to assess the applicability of various methods of price modelling. Researchers and professionals in this sector will find the book an invaluable guide to the most important state-of-the-art modelling techniques which are converging to define the special approaches necessary for unravelling and forecasting the behaviour of electricity prices. It is a high-quality synthesis of the work of financial engineering, industrial economics and power systems analysis, as they relate to the behaviour of competitive electricity markets.

Author : Fereidoon P. Sioshansi
Publisher : Elsevier
Page : 624 pages
File Size : 45,6 Mb
Release : 2011-10-10
Category : Technology & Engineering
ISBN : 0080557716

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Competitive Electricity Markets by Fereidoon P. Sioshansi Pdf

After 2 decades, policymakers and regulators agree that electricity market reform, liberalization and privatization remains partly art. Moreover, the international experience suggests that in nearly all cases, initial market reform leads to unintended consequences or introduces new risks, which must be addressed in subsequent “reform of the reforms. Competitive Electricity Markets describes the evolution of the market reform process including a number of challenging issues such as infrastructure investment, resource adequacy, capacity and demand participation, market power, distributed generation, renewable energy and global climate change. Sequel to Electricity Market Reform: An International Perspective in the same series published in 2006 Contributions from renowned scholars and practitioners on significant electricity market design and implementation issues Covers timely topics on the evolution of electricity market liberalization worldwide

Author : Anna Cretì,Fulvio Fontini
Publisher : Cambridge University Press
Page : 369 pages
File Size : 55,8 Mb
Release : 2019-05-30
Category : Business & Economics
ISBN : 9781107185654

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Economics of Electricity by Anna Cretì,Fulvio Fontini Pdf

Explains the economics of electricity at each step of the supply chain: production, transportation and distribution, and retail.

Author : Clara Poletti
Publisher : Edward Elgar Publishing
Page : 235 pages
File Size : 55,7 Mb
Release : 2013-01-01
Category : Business & Economics
ISBN : 9780857933966

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The Economics of Electricity Markets by Clara Poletti Pdf

The Economics of Electricity Markets provides a cutting-edge analysis of the critical issues involved in the design and operation of electricity markets, as well as an assessment of alternative institutional arrangements that have either been implemented or are under discussion in Europe and the US. The book illustrates how a sound market design can render electricity trading and retailing very much like that of other commodities. Social and political concerns, rather than engineering or economics, are what make electricity markets 'special'. The expert contributors address a wide set of issues that arise when competition is introduced to the electricity industry, ranging from the design of spot and real-time power markets to alternative approaches to congestion management, from competition policy in wholesale electricity markets to the benefits and costs of retail competition, and from regulatory measures to ensure generation capacity adequacy to the politicization of generation investment decisions as a way of pursuing sustainability targets. This highly informative book will appeal to academics, students and researchers in the field of advanced energy economics, and will prove essential reading for energy regulators, professionals and executives wishing to explore the theoretical foundations underpinning their day-to-day activities.

Author : Chris Harris
Publisher : John Wiley & Sons
Page : 550 pages
File Size : 49,9 Mb
Release : 2011-01-31
Category : Business & Economics
ISBN : 9781119995135

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Electricity Markets by Chris Harris Pdf

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.

Author : Jean-Michel Glachant,Dominique Finon,Adrien De Hauteclocque
Publisher : Edward Elgar Publishing
Page : 335 pages
File Size : 47,6 Mb
Release : 2011
Category : Business & Economics
ISBN : 9781849804806

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Competition, Contracts and Electricity Markets by Jean-Michel Glachant,Dominique Finon,Adrien De Hauteclocque Pdf

This book fills a gap in the existing literature by dealing with several issues linked to long-term contracts and the efficiency of electricity markets. These include the impact of long-term contracts and vertical integration on effective competition, generation investment in risky markets, and the challenges for competition policy principles. On the one hand, long-term contracts may contribute to lasting generation capability by allowing for a more efficient allocation of risk. On the other hand, they can create conditions for imperfect competition and thus impair short-term efficiency. The contributors – prominent academics and policy experts with inter-disciplinary perspectives – develop fresh theoretical and practical insights on this important concern for current electricity markets. This highly accessible book will strongly appeal to both academic and professional audiences including scholars of industrial, organizational and public sector economics, and competition and antitrust law. It will also be of value to regulatory and antitrust authorities, governmental policymakers, and consultants in electricity law and economics.

Author : François Lévêque
Publisher : Edward Elgar Publishing
Page : 319 pages
File Size : 51,6 Mb
Release : 2007-01-01
Category : Business & Economics
ISBN : 9781847204356

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Competitive Electricity Markets and Sustainability by François Lévêque Pdf

This book responds to the opening up of electricity markets to competition, which has completely changed the nature of power generation. The building of new generation and transmission capacity and the setting of the energy mix between nuclear, gas and renewable resources are mainly left to private initiative and investors. The authors and the editor of this book explore whether or not market forces offer a sustainable future for electricity generation. They employ economic theory and method to answer questions such as: Will the market be able to ensure adequacy of generation capacity and secu.

Author : Hung-po Chao,Hillard G. Huntington
Publisher : Springer Science & Business Media
Page : 213 pages
File Size : 47,5 Mb
Release : 2013-12-01
Category : Business & Economics
ISBN : 9781461555476

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Designing Competitive Electricity Markets by Hung-po Chao,Hillard G. Huntington Pdf

The authors are prominent economists, operation researchers, and engineers who have been instrumental in the development of the conceptual framework for electric power restructuring both in the United States and in other countries. Rather than espousing a particular market design for the industry's future, each author focuses on an important issue or set of issues and tries to frame the questions for designing electricity markets using an international perspective. The book focuses on the economic and technical questions important in understanding the industry's long-term development rather than providing immediate answers for the current political debates on industry competition.