{"product_id":"spot-pricing-of-electricity-von-roger-e-bohn-michael-c-caramanis-fred-c-schweppe-richard-d-tabors","title":"Spot Pricing of Electricity","description":"There 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.\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9781461289500\"\u003e\u003ch3\u003e\u003c\/h3\u003e\u003c\/div\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9780898382600\"\u003e\u003ch3\u003e\u003c\/h3\u003e\u003c\/div\u003e","brand":"Libri","offers":[{"title":"Softcover - 9781461289500","offer_id":39415419830365,"sku":"9781461289500","price":374.49,"currency_code":"EUR","in_stock":true},{"title":"Hardcover - 9780898382600","offer_id":51778616006,"sku":"9780898382600","price":374.49,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/e6e161ba-5403-4033-a1f3-75db1eb8126a.jpg?v=1768194454","url":"https:\/\/shop.autorenwelt.de\/products\/spot-pricing-of-electricity-von-roger-e-bohn-michael-c-caramanis-fred-c-schweppe-richard-d-tabors","provider":"Autorenwelt Shop","version":"1.0","type":"link"}