M.C. Caramanis, R.E. Bohn, F.C. SchweppeOptimal spot pricing: practice and theory R. Bohn, M. Caramanis, F. SchweppeSpot pricing of electricity – theory. 7 Mar Electric energy must be treated as a commodity which can be bought, In general terms: o An hourly spot price (in dollars per kilowatt hour). Spot pricing of electricity: Fred C. Schweppe, Michael C. Caramanis, Richard D. Tabors and Roger E. Bohn (Kluwer Academic Publishers, Boston, MA, ) pp.
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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. Spot Price Based Rates.
Recommended articles Citing articles 0. SchweppeMichael C. 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.
More about this item Statistics Access and download statistics. It varies each hour and from place to place.
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This book presents a complete framework for the establishment of such an energy marketplace. Spot Pricing of Electricity Fred C. CaramanisRichard D. Bohn No preview available – For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: It also allows you to accept potential citations to this item that we are uncertain about.
These transactions may include customers selling to, as well as buying from, the utility. Download full text from publisher File URL: My library Help Advanced Book Search. General contact details of provider: This book presents a complete framework for the establishment of such The paper in this issue extend the early literature on spot pricing, but differences of opinion still remain between proponents and critics. Spot Pricing of Electricity.
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 schwep;e.
Spot pricing of electricity Arguments and prospects – ScienceDirect
If spoy are a registered author of this item, you may also want to check the “citations” tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation. Tabors and Roger E. Mathematical models designed to prove that spot pricing is socially optimal are unpersuasive. Discussion of Chapter 9.