{"product_id":"spot-pricing-of-electricity-power-electronics-and-power-systems-0898382602","title":"Spot Pricing of Electricity (Power Electronics and Power Systems)","description":"\u003cp\u003e\u003cstrong\u003eISBN:\u003c\/strong\u003e 0898382602\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eAuthor:\u003c\/strong\u003e Schweppe, Fred C.\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eCondition:\u003c\/strong\u003e New\u003c\/p\u003e\u003cp\u003eThere is a need for fundamental changes in the ways society views electric energy. Electric energy must be treated as a commodity which can be bought, sold, and traded, taking into account its time-and space-varying values and costs. This book presents a complete framework for the establishment of such an energy marketplace. The framework is based on the use of spot prices. In general terms: o An hourly spot price (in dollars per kilowatt hour) reflects the operating and capital costs of generating, transmitting and distributing electric energy. It varies each hour and from place to place. o The spot price based energy marketplace involves a variety of utility-customer transactions (ranging from hourly varying prices to long-term, multiple-year contracts), all of which are based in a consistent manner on hourly spot prices. These transactions may include customers selling to, as well as buying from, the utility. The basic theory and practical implementation issues associated with a spot price based energy marketplace have been developed and discussed through a number of different reports, theses, and papers. Each addresses only a part of the total picture, and often with a somewhat different notation and terminology (which has evolved in parallel with our growing experience). This book was xvii xviii Preface written to serve as a single, integrated sourcebook on the theory and imple mentation of a spot price based energy marketplace.\u003c\/p\u003e","brand":"Mia Karts","offers":[{"title":"Default Title","offer_id":51892898464032,"sku":"NEW0898382602","price":343.34,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0980\/7426\/3840\/files\/51fqyle9IGL.jpg?v=1781991585","url":"https:\/\/miakarts.com\/products\/spot-pricing-of-electricity-power-electronics-and-power-systems-0898382602","provider":"Miakarts Books","version":"1.0","type":"link"}