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Economics of power systemsfundamentals for sustainable energy /

Record Type:	Electronic resources : Monograph/item
Title/Author:	Economics of power systemsby Christoph Weber, Dominik Most, Wolf Fichtner.
Reminder of title:	fundamentals for sustainable energy /
Author:	Weber, Christoph.
other author:	Most, Dominik.
Published:	Cham :Springer International Publishing :2022.
Description:	xxiv, 423 p. :ill., digital ;24 cm.
Contained By:	Springer Nature eBook
Subject:	Electric powerEconomic aspects.
Online resource:	https://doi.org/10.1007/978-3-030-97770-2
ISBN:	9783030977702$q(electronic bk.)

Economics of power systemsfundamentals for sustainable energy /
Weber, Christoph.

Economics of power systemsfundamentals for sustainable energy /[electronic resource] :by Christoph Weber, Dominik Most, Wolf Fichtner. - Cham :Springer International Publishing :2022. - xxiv, 423 p. :ill., digital ;24 cm. - Springer texts in business and economics,2192-4341. - Springer texts in business and economics..

Introduction -- Fundamentals of Energy and Power Systems -- Energy Demand -- Electricity Generation and Operational Planning -- Electricity Transport and Storage -- Regulation: Grids and Environment -- Simple Electricity Market Equilibrium Models -- Markets: Organisation, Trading and Efficiency -- Imperfect Competition and Market Power -- Electricity Markets in Europe -- Valuing Flexibilities in Power Systems as Optionalities -- Moving Towards Sustainable Electricity Systems.

In order to manage the transition towards a sustainable future electricity system, an in-depth understanding of the key technological, economic, environmental and societal drivers for electricity markets is required. Suitable for advanced undergraduate and graduate students, this textbook provides an overview of these drivers and introduces readers to major economic models and empirical evidence for the study of electricity markets and systems. Readers will learn about electricity generation, demand, transport, and storage, as well as the fundamentals of grid and electricity markets in Europe. By introducing them to state-of-the-art models from operations research and economics, the book provides a solid basis for analytical insights and numerical modeling. Furthermore, the book discusses the policy instruments and design choices for electricity market regulation and sustainable power system development, as well as the current challenges for smart energy systems.

ISBN: 9783030977702$q(electronic bk.)

Standard No.: 10.1007/978-3-030-97770-2doiSubjects--Topical Terms:

722691
Electric power
--Economic aspects.

LC Class. No.: HD9685.A2

Dewey Class. No.: 333.7932

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245 1 0 $a Economics of power systems $h [electronic resource] : $b fundamentals for sustainable energy / $c by Christoph Weber, Dominik Most, Wolf Fichtner.
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505 0 $a Introduction -- Fundamentals of Energy and Power Systems -- Energy Demand -- Electricity Generation and Operational Planning -- Electricity Transport and Storage -- Regulation: Grids and Environment -- Simple Electricity Market Equilibrium Models -- Markets: Organisation, Trading and Efficiency -- Imperfect Competition and Market Power -- Electricity Markets in Europe -- Valuing Flexibilities in Power Systems as Optionalities -- Moving Towards Sustainable Electricity Systems.
520 $a In order to manage the transition towards a sustainable future electricity system, an in-depth understanding of the key technological, economic, environmental and societal drivers for electricity markets is required. Suitable for advanced undergraduate and graduate students, this textbook provides an overview of these drivers and introduces readers to major economic models and empirical evidence for the study of electricity markets and systems. Readers will learn about electricity generation, demand, transport, and storage, as well as the fundamentals of grid and electricity markets in Europe. By introducing them to state-of-the-art models from operations research and economics, the book provides a solid basis for analytical insights and numerical modeling. Furthermore, the book discusses the policy instruments and design choices for electricity market regulation and sustainable power system development, as well as the current challenges for smart energy systems.
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