{"product_id":"9780898382600","title":"Spot Pricing of Electricity","description":"\u003ch1\u003eSpot Pricing of Electricity\u003c\/h1\u003e \u003ch2\u003eSchweppe, Fred C.; Caramanis, Michael C.; Tabors, Richard D.; Bohn, Roger E.\u003c\/h2\u003e \u003cp\u003eThere 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.\u003c\/p\u003e \u003ch3\u003eDetails\u003c\/h3\u003e \u003cp\u003ePublished by: Springer\u003c\/p\u003e \u003cp\u003ePublication Date: 1988-11-30\u003c\/p\u003e \u003cp\u003eFormat: Hardcover\u003c\/p\u003e \u003cp\u003eISBN-13: 9780898382600\u003c\/p\u003e \u003cp\u003eDOI: 10.1007\/978-1-4613-1683-1\u003c\/p\u003e \u003cp\u003eDimensions: 235.0cm x155.0cm\u003c\/p\u003e \u003cp\u003ePages: 356.0\u003c\/p\u003e ","brand":"Springer US","offers":[{"title":"Default Title","offer_id":45658680721548,"sku":"9780898382600","price":341.1,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9780898382600.jpg?v=1768311557","url":"https:\/\/fh90cf-fv.myshopify.com\/products\/9780898382600","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}