Economics of power systems [electronic resource] : fundamentals for sustainable energy / Christoph Weber, Dominik Möst, Wolf Fichtner.

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Economics of power systems [electronic resource] : fundamentals for sustainable energy / Christoph Weber, Dominik Möst, Wolf Fichtner.

9783030977702 (electronic bk.)
3030977706 (electronic bk.)
9783030977696
3030977692

Cham : Springer, 2022.

English

1 online resource (439 pages).

10.1007/978-3-030-97770-2 doi

HD9685.A2

333.793/2

In order to manage the transition towards a sustainable future electricity system, an in-depth understanding of the key technological, economic, environmental and societal drivers for electricity markets is required. Suitable for advanced undergraduate and graduate students, this textbook provides an overview of these drivers and introduces readers to major economic models and empirical evidence for the study of electricity markets and systems. Readers will learn about electricity generation, demand, transport, and storage, as well as the fundamentals of grid and electricity markets in Europe. By introducing them to state-of-the-art models from operations research and economics, the book provides a solid basis for analytical insights and numerical modeling. Furthermore, the book discusses the policy instruments and design choices for electricity market regulation and sustainable power system development, as well as the current challenges for smart energy systems.

Includes bibliographical references and index.

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Online resource; title from PDF title page (SpringerLink, viewed November 29, 2022).

Springer texts in business and economics.

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