Modelling Prices in Competitive Electricity Markets

Language: English

Published by John Wiley and Sons Inc, US, 2004

047084860X / 9780470848609

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  • Hardcover
  • New
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Electricity markets are structurally different to othercommodities, and the real-time dynamic balancing of the electricitynetwork involves many external factors. Because of this, it is nota simple matter to transfer conventional models of financial timeseries analysis to wholesale electricity prices. The rationale for this compilation of chapters from internationalauthors is, therefore, to provide econometric analysis of wholesalepower markets around the world, to give greater understanding oftheir particular characteristics, and to assess the applicabilityof various methods of price modelling. Researchers and professionals in this sector will find the book aninvaluable guide to the most important state-of-the-art modellingtechniques which are converging to define the special approachesnecessary for unravelling and forecasting the behaviour ofelectricity prices. It is a high-quality synthesis of the work offinancial engineering, industrial economics and power systemsanalysis, as they relate to the behaviour of competitiveelectricity markets.

Seller Inventory # LU-9780470848609

Title
Modelling Prices in Competitive Electricity Markets
Author
Derek W. Bunn
Publisher
John Wiley and Sons Inc, US
Publication year
2004
Condition
New
Binding
Hardback
Language
English
ISBN 10
047084860X
ISBN 13
9780470848609
Edition
1st.
Item weight
839 grams
Dimensions
17.27 x 2.59 x 25.4 cm

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