Economics of Power Systems: Fundamentals for Sustainable Energy

Author:   Christoph Weber ,  Dominik Möst ,  Wolf Fichtner
Publisher:   Springer Nature Switzerland AG
Edition:   1st ed. 2022
ISBN:  

9783030977726


Pages:   423
Publication Date:   15 November 2023
Format:   Paperback
Availability:   Manufactured on demand   Availability explained
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Economics of Power Systems: Fundamentals for Sustainable Energy


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Overview

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.

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Author:   Christoph Weber ,  Dominik Möst ,  Wolf Fichtner
Publisher:   Springer Nature Switzerland AG
Imprint:   Springer Nature Switzerland AG
Edition:   1st ed. 2022
Weight:   0.682kg
ISBN:  

9783030977726


ISBN 10:   3030977722
Pages:   423
Publication Date:   15 November 2023
Audience:   College/higher education ,  Postgraduate, Research & Scholarly ,  Undergraduate
Format:   Paperback
Publisher's Status:   Active
Availability:   Manufactured on demand   Availability explained
We will order this item for you from a manufactured on demand supplier.

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Christoph Weber is a Full Professor of Management Sciences and Energy Economics at the University of Duisburg-Essen, Germany. With a background in Mechanical Engineering and a Ph.D. in Economics, his main research interests are in electricity markets, risk and sustainable energy systems, and the use of operations research methods in connection with energy. Dominik Möst is a Full Professor of Energy Economics at the Faculty of Business and Economics, Technische Universität Dresden, Germany. He studied Industrial Engineering and Management at the Universität Karlsruhe (TH) and at the ENSGI-INPG Grenoble (Ecole nationale supérieure de Genie Industriel, France), holds a Ph.D. in Economics from the Universität Karlsruhe (TH) and habilitated at the Karlsruhe Institute of Technology (KIT). His research interests are European electricity and gas markets, the integration of renewable energy sources, and energy system modeling, as well as energy and resource efficiency. Wolf Fichtner is a Full Professor of Energy Economics at the Karlsruhe Institute of Technology (KIT), Germany. He studied Industrial Engineering and Management at the Universität Karlsruhe (TH), holds a doctoral degree in Economics and habilitated at the Universität Karlsruhe (TH). His main research interests are electricity markets, sustainable energy systems, and operations research in energy systems.

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