Economics of Electricity: Markets, Competition and Rules van Anna Creti en Fulvio Fontini is a English-language textbook aimed at understanding the economic principles behind electricity markets. This book is suitable for higher education and professionals who delve into the dynamics of electricity generation and supply.
The book clearly explains the economic rationale behind the production, distribution and trading of electricity. Creti and Fontini describe the specific characteristics of electricity compared with other goods and discuss how electricity markets can be optimally designed to achieve efficiency and effectiveness. Competition and regulation are also covered within these markets.
In addition, the book addresses topical issues such as the decarbonization of electricity. With a technical yet accessible style, this work offers valuable insights for students and professionals in energy science, economics and management.
Key features:
- Economic analysis of electricity markets
- Explanation of market design, competition and regulation
- Focus on generation, transmission, distribution and retail
- Relevance to environmental and energy issues