Production cost models with regard to liberalised electricity markets

This book makes a contribution to the formulation and implementation of production cost models for the modelling of liberalized electricity markets by addressing issues associated with the level of detail in the representation of the underlying power system, the accuracy of the results and the model...

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Bibliographic Details
Main Author: Martinez Diaz, David José (auth)
Format: Electronic Book Chapter
Language:English
Published: KIT Scientific Publishing 2008
Subjects:
Online Access:DOAB: download the publication
DOAB: description of the publication
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520 |a This book makes a contribution to the formulation and implementation of production cost models for the modelling of liberalized electricity markets by addressing issues associated with the level of detail in the representation of the underlying power system, the accuracy of the results and the modelling effort. To this end a production cost model was formulated and applied to estimate the short-run marginal cost of the power systems of three important European electricity markets. 
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653 |a electricity market 
653 |a electricity price 
653 |a optimization 
653 |a marginal cost 
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