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Production cost models with regard to liberalised electricity markets

This book makes a contribution to the formulation and implementation of production cost models for the modelling of liberalized electricity markets by addressing issues associated with the level of detail in the representation of the underlying power system, the accuracy of the results and the model...

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Hlavní autor: Martinez Diaz, David José
Médium: Online
Jazyk:angličtina
Vydáno: KIT Scientific Publishing 2021
Témata:
HF5001-6182
production cost model
electricity market
electricity price
optimization
marginal cost
bic Book Industry Communication::K Economics, finance, business & management::KJ Business & management::KJC Business strategy
On-line přístup:34989
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Shrnutí:This book makes a contribution to the formulation and implementation of production cost models for the modelling of liberalized electricity markets by addressing issues associated with the level of detail in the representation of the underlying power system, the accuracy of the results and the modelling effort. To this end a production cost model was formulated and applied to estimate the short-run marginal cost of the power systems of three important European electricity markets.

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