Economics of Electricity: Markets, Competition and Rules

This comprehensive and up-to-date book explains the economic rationale behind the production, delivery and exchange of electricity. Cret and Fontini explain why electricity markets exist, outlining the economic principles behind the exchange and supply of power to consumers and firms. They identify the specificities of electricity, as compared to other goods, and furthermore suggest how markets should be optimally designed to produce and deliver electricity effectively and efficiently. The authors also address key issues, including how electricity can be decarbonized. Written in a technical yet accessible style, this book will appeal to readers studying power system economics and the economics of electricity, as well as those more generally interested in energy economics, including engineering and management students looking to gain an understanding of electricity market analysis.

Author: Anna Cretì, Fulvio Fontini
Publisher: Cambridge University Press
Published: 05/30/2019
Pages: 366
Binding Type: Hardcover
Weight: 1.70lbs
Size: 10.00h x 8.20w x 0.90d
ISBN: 9781107185654

About the Author
Fontini, Fulvio: - Fulvio Fontini is Professor of Economics at the Department of Economics and Management, Università degli Studi di Padova, Italy. He has been co-chair of the ESS task force of the Council of European Energy Regulators (CEER), and member of several task forces of CEER and the Agency for Cooperation of Energy Regulators, where he was seconded as National Expert. He is the author of numerous articles in international peer-reviewed journals.Cretì, Anna: - Anna Cretì is Full Professor at the Université de Paris IX (Paris-Dauphine), Senior Research Associate at the Ecole Polytechnique and External Affiliate of the Siebel Institute at the University of California, Berkeley. She is the Scientific Director of The Climate Economics Chair and the Natural Gas Chair at Université de Paris IX (Paris-Dauphine). She is the author of numerous articles in international peer-reviewed journals.