Economics of Electricity: Markets, Competition and Rules Jason &. Mindy Waite ISBN13: 9781605097312

ISBN13: 9781605097312

the risks and stakes get a lot higher

Yet we know we exist in a universe that consists of mindless

All of this is done in common everyday language

and new capabilities

Economics of Electricity: Markets, Competition and Rules Jason &. Mindy Waite ISBN13: 9781605097312This comprehensive and up to date book explains the economic rationale behind the production, delivery and exchange of electricity. Cret and Fontini explain why electricity markets exist, outlining the economic principles behind the exchange and supply of power to consumers and firms. They identify the specificities of electricity, as compared to other goods, and furthermore suggest how markets should be optimally designed to produce and deliver