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The Economics of Electricity Markets
KTH, School of Electrical Engineering (EES), Electric Power Systems.
2014 (English)Book (Other academic)
Abstract [en]

Around the world, the electricity industry is in the process of undergoing a fundamental transition. Twenty years ago, electricity was primarily generated at large, industrial-scale generating plants, and transported in one direction to consumers via the transmission and distribution networks. The large generators were typically closely integrated into the operation of the transmission and distribution networks. Electricity consumers, on the other hand, were treated as essentially passive. This paradigm has changed and will change further. Around the world, a number of regions have chosen to introduce competition and competitive markets into the generation of electricity. In most of these regions, the operation of generation and transmission is coordinated through market mechanisms. This required a substantial change in the way the electricity industry is organised and operated.

Place, publisher, year, edition, pages
Wiley Blackwell , 2014. Vol. 9781118775752, 409 p.1-409 p.
Series
The Economics of Electricity Markets
National Category
Electrical Engineering, Electronic Engineering, Information Engineering
Identifiers
URN: urn:nbn:se:kth:diva-168339DOI: 10.1002/9781118775745Scopus ID: 2-s2.0-84927113780ISBN: 9781118775745 (print)ISBN: 9781118775752 (print)OAI: oai:DiVA.org:kth-168339DiVA: diva2:818020
Note

QC 20150608

Available from: 2015-06-08 Created: 2015-06-02 Last updated: 2015-06-08Bibliographically approved

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