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    ISBN: 9783030977702
    Language: English
    Pages: 1 Online-Ressource (xxiv, 423 Seiten) , Illustrationen
    Series Statement: Springer texts in business and economics
    Series Statement: Springer eBook Collection
    Parallel Title: Erscheint auch als Weber, Christoph, 1964 - Economics of power systems
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als
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    Keywords: Power resources. ; Energy policy. ; Energy and state. ; Electric power distribution. ; Operations research. ; Energy economics ; Energy policy and regulation ; Sustainable energy system transformation ; Power system models ; Energy demand ; Electricity market regulation und design ; Smart energy systems ; Sustainability ; Energy markets ; Electricity markets ; Energy technologies ; Sustainable electricity systems ; Energiewirtschaft
    Abstract: Introduction -- Fundamentals of Energy and Power Systems -- Energy Demand -- Electricity Generation and Operational Planning -- Electricity Transport and Storage -- Regulation: Grids and Environment -- Simple Electricity Market Equilibrium Models -- Markets: Organisation, Trading and Efficiency -- Imperfect Competition and Market Power -- Electricity Markets in Europe -- Valuing Flexibilities in Power Systems as Optionalities -- Moving Towards Sustainable Electricity Systems.
    Abstract: 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.
    Note: Enthält Literaturangaben und Index
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