Power System Economics

Power System Fundamentals
Competitions in Power Market
Market Power and Structure
Designing and Testing Market Rules
1st edition, by Pavan Khetrapal

Book Details

Power System Fundamentals Regulation and deregulation, Condition for deregulation, Problems with regulation, Risk management, Congestion management, ATC, Screening curve. Competitions in Power Market What is competition, Efficiency of perfect competition, Marginal cost in power market, Role of marginal cost, Working with marginal cost, Results of marginal cost. Market Power and Structure Define market power, Price quality outcomes, Three stages of market power, Using Price quality outcomes to show power, Monopoly in power auction, Market power on demand side. Restructure Fundamental restructure system, Transmission pricing, Restructure models, OASIS, Structure of OASIS, Transfer capability of OASIS. Designing and Testing Market Rules Design for competitive prices, Testing of market design, Designing to reduce market power.

Additional Information

Edition 1st edition
Publisher Technical Publications
ISBN 9789350996669
No. of Pages (Printed Book) 112

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Power System Economics