Overview

The impact of deregulation on the theory and practice of investment appraisal is addressed in this comprehensive treatment of the restructuring of the electricity supply industry. Demonstrating that the classical approach to generation investment appraisal is no longer valid, a new approach is developed using three economic models to represent differing market conditions. Highlighting the impact on the organisation of the utilities and their suppliers, Electricity Markets offers essential advice for survival in the deregulated environment worldwide. Features include: * Examination of the alternative market structures and their mechanisms * Methods for investment appraisal and market simulation to support the assessment of market strategies by generators, distributors and suppliers * Use of game theory to predict market behaviour and competitive interaction * Coverage of the analytical and technical aspects of grid deregulation plus a look ahead to the long term productivity and structure of the industry * Discussion of the regulatory framework and its limitations in improving efficiency and encouraging optimum levels of investment This timely book will enlighten a broad audience ranging from utility managers and suppliers involved in deregulation to consultants and academics concerned with managing change.

Full Product Details

Author:   Barrie Murray (Electricity Market Services Limited, Woking, UK)
Publisher:   John Wiley & Sons Inc
Imprint:   John Wiley & Sons Inc
Dimensions:   Width: 19.40cm , Height: 2.50cm , Length: 24.20cm
Weight:   0.765kg
ISBN:  

9780471985075

ISBN 10:   0471985074
Pages:   304
Publication Date:   29 October 1998
Audience:   College/higher education ,  Professional and scholarly ,  Undergraduate ,  Postgraduate, Research & Scholarly
Format:   Hardback
Publisher's Status:   Active
Availability:   Out of stock  
The supplier is temporarily out of stock of this item. It will be ordered for you on backorder and shipped when it becomes available.

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Barrie Murray is the author of Electricity Markets: Investment, Performance and Analysis, published by Wiley.

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