Spot Pricing of Electricity

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

Book Overview

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"