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Power System Economics: Designing Markets for Electricity by Steven Stoft (Paperback, 2002)
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Power System Economics : Designing Markets for Electricity, Paperback by Stoft, Steven, ISBN 0471150401, ISBN-13 9780471150404, Brand New, Free P&P in the UK Corrected review: Cautioning against a rush to deregulate, the author discusses the structure of wholesale power markets from both physical and economic standpoints. After discussing basic principles, he discusses reliability, price spikes, and investment. Further sections explain deregulated market structures, market power, and locational pricing. Although the author appears to believe deregulation could succeed, he is currently assisting California's effort to reduce the high prices paid in its flawed power market. Th is co-published with IEEE. Annotation c. Book News, Inc., Portland, OR ()
