<b>The first textbook to present a comprehensive and detailed economic analysis of electricity markets, analyzing the tensions between microeconomics and political economy.</b><p>The power industry is essential in our fight against climate change. This book is the first to examine in detail the microeconomics underlying power markets, stemming from peak-load pricing, by which prices are low when the installed generation capacity exceeds demand but can rise a hundred times higher when demand is equal to installed capacity. The outcome of peak-load pricing is often difficult to accept politically, and the book explores the tensions between microeconomics and political economy. </p><p>Understanding peak-load pricing and its implications is essential for designing robust policies and making sound investment decisions. Thomas-Olivier Léautier presents the model in its simplest form, and introduces additional features as different issues are presented. The book
Pris: kr 873.00 fra Norli
Butikk | Pris | |
---|---|---|
kr 873.00 | Besøk butikk |
A new vision of liberalism that is fair and capable of responding to the challenges of a post-COVID worldLiberalism¿and its promise of market-led prosperity¿was in crisis well before COVID-19. Recent decades have seen a rise in concentrated unemployment...
kr 337.00
Mer informasjon
In this book Paul Geroski explains in a refreshingly clear style how markets develop. In particular he stresses how the early evolution of markets can significantly shape their later development and structure. His purpose is to show how a good grasp of...
kr 469.00
Mer informasjon
Presenting new findings and perspectives from leading international scholars on three critical areas of developing government policies: Digital markets and their regulation, the divergence of expert and public views on European democracy, and the effects...
kr 949.00
Mer informasjon