Electricity Markets Pricing, Structures and Economics [Hardcover]

Understand the electricity market, its policies and how they drive prices, emissions, and security, with this comprehensive cross-disciplinary book. Author Chris Harris includes technical and quantitative arguments so you can confidently construct pricing models based on the various fluctuations that occur. Whether you?re a trader or an analyst, this book will enable you to make informed decisions about this volatile industry.Preface.

Acknowledgments.

Introduction.

1. The Basics.

1.1 How electricity works.

1.2 Early development of the Electricity Supply Industry (ESI).

1.3 The lifecycle of electric power.

1.4 Development, structure, coordination, legislation of the ESI.

1.5 New ownership structure.

1.6 Selected country examples.

2. Structure, Operation and Management of the Electricity Supply Chain.

2.1 Energy source.

2.2 Power generation.

2.3 High voltage transmission, network operation, system operation.

2.4 Distribution.

2.5 Metering.

2.6 Supply.

3. Policy – Issues, Priorities. Stakeholders, Influencers.

3.1 Agendas and policy formation.

3.2 Policy issues and drivers.

3.3 Policy outcomes and instruments.

3.4 Energy policies.

3.5 Framework.

3.6 Domestic institutional players.

3.7 The role and influence of international players.

4. Liberalisation, Deregulation and Regulation.

4.1 The liberalisation paradigm.

4.2 Steps.

4.3 Conditions for reform.