Electricity Cost Modeling Calculations: Regulations, Technology, and the Role of Renewable Energy

Reducing greenhouse gases and increasing the use of renewable energy are critical goals for the power industry, and Electricity Cost Modeling Calculations, Second Edition provides an updated view on pricing models, regulation, technology, and the role of renewable energy.

Format: Hardback
Length: 422 pages
Publication date: 22 September 2021
Publisher: Elsevier Science Publishing Co Inc

The power industry and electrical engineers remain steadfast in their commitment to reducing greenhouse gases and increasing the utilization of renewable energy as vital objectives. To achieve this, engineers and researchers must stay abreast of the ever-evolving landscape of the power system sector, new energy regulations, and the diverse pricing techniques employed in today's market. Electricity Cost Modeling Calculations, Second Edition offers a comprehensive and up-to-date perspective on pricing models, regulation, technology, and the growing role of renewable energy in the electricity sector.

The book begins by delving into fundamental concepts related to market structure, enriching the engineers' understanding. An expansion of international regulations is introduced to broaden their knowledge base. Cubic cost modeling and new modeling cases are included, along with updated literature reviews for in-depth research. The reference then extends into advanced quantitative methods, such as updated rate designs, and a dedicated chapter on marginal cost pricing of electricity in the United States, with applications to reduce greenhouse gas emissions. This book serves as a practical guide for engineers, providing them with the latest techniques and applications in electricity pricing and their relevance to today's power markets.

Weight: 794g
Dimension: 160 x 239 x 26 (mm)
ISBN-13: 9780128213650
Edition number: 2 ed