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Description
Power System EconomicsCondition: BRAND NEW ISBN: 9780471150404 Year: 2002 Publisher: John Wiley & Sons Inc (US) Pages: 496 Description: The first systematic presentation of electricity market design from the basics to the cutting edge. Unique in its breadth and depth. Using examples and focusing on fundamentals, it clarifies long misunderstood issues such as why today's markets are inherently unstable. The book reveals for the first time how uncoordinated regulatory and
Condition: BRAND NEWISBN: 9780471150404
Year: 2002
Publisher: John Wiley & Sons Inc (US)
Pages: 496
Description:
The first systematic presentation of electricity market design-from
the basics to the cutting edge. Unique in its breadth and depth.
Using examples and focusing on fundamentals, it clarifies long
misunderstood issues-such as why today's markets are inherently
unstable. The book reveals for the first time how uncoordinated
regulatory and engineering policies cause boom-bust investment
swings and provides guidance and tools for fixing broken markets.
It also takes a provocative look at the operation of pools and
power exchanges.
* Part 1 introduces key economic, engineering and market design
concepts.
* Part 2 links short-run reliability policies with long-run
investment problems.
* Part 3 examines classic designs for day-ahead and real-time
markets.
* Part 4 covers market power, and
* Part 5 covers locational pricing, transmission right and pricing
losses.
The non-technical introductions to all chapters allow easy access
to the most difficult topics. Steering an independent course
between ideological extremes, it provides background material for
engineers, economists, regulators and lawyers alike. With nearly
250 figures, tables, side bars, and concisely-stated results and
fallacies, the 44 chapters cover such essential topics as auctions,
fixed-cost recovery from marginal cost, pricing fallacies, real and
reactive power flows, Cournot competition, installed capacity
markets, HHIs, the Lerner index and price caps.
About the Author
Steven Stoft has a Ph.D. in economics (U.C. Berkeley) as well as a
background in physics, math, engineering, and astronomy. He spent a
year inside FERC and
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★★★★★ 5
Nice panels
Color: Black, Size: 6 Panel
Gives good coverage, nice dark panels. Easy to assemble, light product and sturdy. I will recommend this item! Completely covers the back shelves that are for employees only.
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Reviewed in the United States on August 31, 2025
★★★★★ 5
Great product
Color: Black, Size: 4 Panel-88''
Literally exactly what I was needing
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Reviewed in the United States on May 1, 2026
★★★★★ 5
It's good...
Color: Black, Size: 4 Panel-88'', Color: Black, Size: 4 Panel-88''
It's good....took about 45 minutes to put together. No issues. Looks great...made the wife happy....
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Reviewed in the United States on May 14, 2026
★★★★★ 5
Durable non see through fabric
Color: Black, Size: 4 Panel-88'', Color: Black, Size: 4 Panel-88''
This room divider is exactly what I need. It is very durable and easy to move around. You can’t see through the fabric. I love it. My reason for purchasing this divider is to use as a divider and as a backdrop holder. And it serves both purposes perfectly. It looks much better in person than on camera. It did have the spots on one side on all of them but in a few days they went away. It foldaway and tucked away easily.
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Reviewed in the United States on December 14, 2025
★★★★★ 4
Great product
Color: Black, Size: 4 Panel-88''
Love the look of this after it’s put together. It’s pretty sturdy and the connecting clips allow you to shape it different if you need it to fit in a corner. We use this at work so it’s great for the space we use it in. A little hard to store because it doesn’t fold up nicely because of the feet on it but I’m happy with it overall.
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Reviewed in the United States on April 19, 2026