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020 _a9781118775745
020 _a9781118775752
020 _a9781118775721
040 _aCITU LRAC
_beng
041 _aeng
082 0 0 _a333.7932
_223
100 1 _aBiggar, Darryl R.
_eauthor
245 _aThe Economics of Electricity Markets /
_cDarryl Biggar, Mohammad Hesamzadeh.
264 1 _aChichester, West Sussex, United Kingdom :
_bWiley,
_cc2014.
300 _a1 online resource
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
500 _aABOUT THE AUTHOR Dr Biggar is Australia’s leading expert on the economics of wholesale electricity markets and the economics of public utility regulation. Since 2002 he has provided economic advice primarily to the Australian Energy Regulator and the Australian Competition and Consumer Commission. He has also provided advice to other government agencies including the Australian Energy Markets Operator, the Australian Energy Markets Commission, and the New Zealand Electricity Authority. He has published a number of papers in academic journals in the economics of electricity markets and the economics of public utility regulation and regularly provides training courses in these areas to government agencies and industry. He has a particular interest in the assessment of market power in wholesale electricity markets and in matters related to wholesale market design. Dr Hesamzadeh is assistant professor in electric power systems division of the school of electrical engineering at KTH Royal Institute of Technology in Stockholm, Sweden. Dr Hesamzadeh is a world leader in the modelling of market power in wholesale electricity markets, particularly in the context of transmission planning. His special fields of interests include Power Systems Planning and Design, Economics of Wholesale Electricity Markets, and Mathematical Modelling and Computing. Hesamzadeh is currently working towards his Docent degree in Electricity Markets at KTH.
505 0 _aABOUT THE AUTHOR Dr Biggar is Australia’s leading expert on the economics of wholesale electricity markets and the economics of public utility regulation. Since 2002 he has provided economic advice primarily to the Australian Energy Regulator and the Australian Competition and Consumer Commission. He has also provided advice to other government agencies including the Australian Energy Markets Operator, the Australian Energy Markets Commission, and the New Zealand Electricity Authority. He has published a number of papers in academic journals in the economics of electricity markets and the economics of public utility regulation and regularly provides training courses in these areas to government agencies and industry. He has a particular interest in the assessment of market power in wholesale electricity markets and in matters related to wholesale market design. Dr Hesamzadeh is assistant professor in electric power systems division of the school of electrical engineering at KTH Royal Institute of Technology in Stockholm, Sweden. Dr Hesamzadeh is a world leader in the modelling of market power in wholesale electricity markets, particularly in the context of transmission planning. His special fields of interests include Power Systems Planning and Design, Economics of Wholesale Electricity Markets, and Mathematical Modelling and Computing. Hesamzadeh is currently working towards his Docent degree in Electricity Markets at KTH.
520 _aTABLE OF CONTENTS Preface xv Nomenclature xvii PART I INTRODUCTION TO ECONOMIC CONCEPTS 1 1 Introduction to Micro-economics 3 1.1 Economic Objectives 3 1.2 Introduction to Constrained Optimisation 5 1.3 Demand and Consumers’ Surplus 6 1.3.1 The Short-Run Decision of the Customer 7 1.3.2 The Value or Utility Function 7 1.3.3 The Demand Curve for a Price-Taking Customer Facing a Simple Price 7 1.4 Supply and Producers’ Surplus 10
650 0 _aElectric power consumption.
650 0 _aElectric power -- Economic aspects.
650 0 _aElectric utilities.
700 1 _aHesamzadeh, Mohammad
_eauthor
856 _uhttps://onlinelibrary.wiley.com/doi/book/10.1002/9781118775745
_yFull text available at Wiley Online Library Click here to view
942 _2ddc
_cER