LEADER 05317nam 2200637Ia 450 001 9910816351903321 005 20230721005351.0 010 $a1-282-34944-9 010 $a9786612349447 010 $a0-470-74301-8 035 $a(CKB)1000000000724492 035 $a(EBL)694441 035 $a(OCoLC)472873610 035 $a(SSID)ssj0000306594 035 $a(PQKBManifestationID)11247393 035 $a(PQKBTitleCode)TC0000306594 035 $a(PQKBWorkID)10298959 035 $a(PQKB)10190274 035 $a(MiAaPQ)EBC694441 035 $a(Au-PeEL)EBL694441 035 $a(CaPaEBR)ebr10345917 035 $a(CaONFJC)MIL234944 035 $a(EXLCZ)991000000000724492 100 $a20081031d2009 uy 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt 182 $cc 183 $acr 200 10$aPower markets and economics$b[electronic resource] $eenergy costs, trading, emissions /$fBarrie Murray 210 $aChichester, West Sussex, United Kingdom ;$aHoboken NJ $cWiley$d2009 215 $a1 online resource (327 p.) 300 $aDescription based upon print version of record. 311 $a0-470-77966-7 320 $aIncludes bibliographical references and index. 327 $aPower Markets and Economics: Energy Costs, Trading, Emissions; Contents; Foreword; Preface; One Industry Infrastructure; 1 Approach to Restructuring; 1.1 INTRODUCTION; 1.2 INDUSTRY PHYSICAL STRUCTURE; 1.3 INTRODUCTION OF COMPETITION; 1.4 RESTRUCTURING OPTIONS; 1.5 COMPARISON OF STRUCTURES; 1.6 SUMMARY; 2 Market Mechanisms; 2.1 INTRODUCTION; 2.2 MARKET PARTICIPANTS; 2.3 MARKET MECHANISMS; 2.4 MARKET IMPLEMENTATION; 2.5 PRICE ANALYSIS; 2.6 SUMMARY; Two The Cost Chain; 3 Basic Generation Energy Costs; 3.1 INTRODUCTION; 3.2 COST COMPONENTS; 3.3 PRACTICAL OPERATING EFFICIENCIES 327 $a3.4 IMPACT OF UTILISATION ON COSTS 3.5 COMPARISON OF GENERATION COSTS; 3.6 INTERNATIONAL COMPARISONS; 3.7 SUMMARY; 4 Alternative Energy Sources; 4.1 INTRODUCTION; 4.2 COMPETING SOURCES; 4.3 CURRENT PRODUCTION EUROPE; 4.4 INCENTIVE SCHEMES; 4.5 MARKET PRICING; 4.6 THE ECONOMICS OF ALTERNATIVE SOURCES; 4.7 COMPARISONS; 4.8 SUMMARY; 5 Emissions; 5.1 INTRODUCTION; 5.2 EMISSION TRADING SCHEMES (ETS); 5.3 LARGE COMBUSTION PLANT DIRECTIVE (LCPD); 5.4 GENERATION CO2 EMISSIONS; 5.5 PRODUCTION COSTS; 5.6 NATIONAL ALLOCATION PLANS; 5.7 MARKET OPERATION; 5.8 IMPACT OF CAPACITY MIX 327 $a5.9 INTERNATIONAL APPROACH 5.10 SUMMARY; 6 Transmission; 6.1 INTRODUCTION; 6.2 IMPACT OF TRANSMISSION CONSTRAINTS IN MARKETS; 6.3 TRANSMISSION CHARGING; 6.4 DERIVATION OF USE OF SYSTEM CHARGES; 6.5 INTERNATIONAL TARIFF COMPARISONS; 6.6 TRANSMISSION INVESTMENT; 6.7 INTERCONNECTION INVESTMENT APPRAISAL; 6.8 INTERNATIONAL PRACTICE; 6.9 SUMMARY; 7 Distribution; 7.1 INTRODUCTION; 7.2 MARKET STATUS; 7.3 COMMERCIAL ARRANGEMENTS; 7.4 METERING AND BALANCING; 7.5 COST OF DISTRIBUTION; 7.6 DISTRIBUTION TARIFFS; 7.7 OPEX REGULATION; 7.8 CAPEX REGULATION; 7.9 BUSINESS RISK; 7.10 DISTRIBUTED GENERATION 327 $a7.11 SUMMARY 8 End User Charges and Prices; 8.1 INTRODUCTION; 8.2 PRICE COMPARISONS; 8.3 END USER ENERGY PRICES; 8.4 TOTAL END USER PRICES; 8.5 TARIFF DEVELOPMENT; 8.6 CUSTOMER SWITCHING; 8.7 SUMMARY; Three Market Operation; 9 Market Trading; 9.1 INTRODUCTION; 9.2 EUROPEAN MARKETS; 9.3 DEVELOPING MARKETS - CHINA; 9.4 MARKET POWER; 9.5 TRADING ARRANGEMENTS; 9.6 BILATERAL TRADING; 9.7 BALANCING MARKET; 9.8 EXCHANGE TRADING; 9.9 SUPPLIER RISK; 9.10 GENERATION RISK; 9.11 MARKET INTERACTION; 9.12 ARBITRAGE SPARK SPREAD; 9.13 SUMMARY; 10 Market Analysis; 10.1 INTRODUCTION; 10.2 MODELLING OVERVIEW 327 $a10.3 DISPATCH MARKET SIMULATION10.4 LOAD DURATION MODEL; 10.5 HYDRO GENERATION; 10.6 INTERCONNECTION MODELLING; 10.7 PREDICTING DEMAND DATA; 10.8 GENERATION DATA; 10.9 CALCULATIONS; 10.10 PRICE DURATION CURVE; 10.11 STATISTICAL FORECASTING; 10.12 PREDICTING NEW ENTRY; 10.13 SUMMARY; 11 Ancillary Service Markets; 11.1 INTRODUCTION; 11.2 ANCILLARY SERVICE REQUIREMENTS; 11.3 MARKET VOLUME; 11.4 PROCUREMENT PROCESS; 11.5 COST OF PROVIDING SERVICES; 11.6 PREDICTING REVENUES; 11.7 SUMMARY; 12 Cross-border Trading; 12.1 INTRODUCTION; 12.2 GOVERNANCE; 12.3 CROSS-BORDER CAPACITY; 12.4 NEW INVESTMENT 327 $a12.5 MANAGING OPERATION 330 $aIt is now almost twenty years since liberalisation and the introduction of competition was proposed for electricity utilities. Some form of restructuring has been widely adopted around the world to suit local objectives. The industry now faces new challenges associated with global warming, rising prices and escalating energy demand from developing countries like China and India. The industry will have to cope with; managing emissions; managing variable energy sources like wind, dev eloping clean coal technology; accommodating distributed generation and new nuclear stations and managing the imp 606 $aElectric power 606 $aPower resources 615 0$aElectric power. 615 0$aPower resources. 676 $a333.793/23 676 $a333.79323 700 $aMurray$b Barrie$0771339 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910816351903321 996 $aPower markets and economics$91573989 997 $aUNINA