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Electricity Cost Modeling Calculation: Regulations, Technology, and the Role of Renewable Energy, Second Edition delivers an updated view on pricing models, regulation, technology and the role renewable energy is starting to take in electricity. Starting with fundamental concepts on market structure and the increase in international regulations, the book includes cubic cost modeling cases and updated literature reviews for deeper research. Other sections cover more advanced quantitative methods such as load forecasting, updated rate designs, and the marginal cost of electricity in the United States. Includes applications will help reduce greenhouse gas emissions, thus making the reference relevant for today’s power markets.
This book gives today’s engineers a practical guide on the latest techniques in electricity pricing and applications for today’s markets.
- Provides readers with updated, international regulations and the role of renewable energy sources
- Bridges the gap between foundational concepts and advanced quantitative aspects, including updated practical case studies
- Helps readers understand the appropriate rate/tariff structure for efficient use of electricity and renewable options
Electrical engineers; electricity planners; electricity regulators; electrical engineering researcher
1. Introduction – adding international markets and regulation information
2. The Theory of Natural Monopoly – updating all literature reviews
3. The Electric Markets, Structure, and Regulations – expanding international regulation
4. The Economics (and Econometrics) of Cost Modeling – discussing cubic costs modeling more and adding
5. Case Study: Breaking up Bells
6. Cost Models – updating literature and model
7. Case Study: Can Rural Electric Cooperatives Survive in a Restructured U.S. Electric Market? An
8. A Test of Vertical Economies for Non-Vertically Integrated Firms: The Case of Rural Electric
9. Load Forecasting—The “Demand” for Electricity
10. Efficient Pricing of Electricity – updating rate design
11. Case Study: Marginal Cost Pricing of Electricity in the United States: An Application to the Reduction of Greenhouse Gas Emissions
12. Case Study: The California Debacle (or What Not to Do)
- No. of pages:
- © Academic Press 2021
- 30th April 2021
- Academic Press
- Hardcover ISBN:
Monica Greer is currently a Senior Quantitative Analyst based in Kentucky, USA. Her role includes forecasting market shares for appliances, performing analysis and deriving price elasticities for clients. Previously, she was a Senior Business Consultant and Economist, and a Senior Economist for the Louisville Gas and Electric Company, managing impacts of various carbon-related policies on customer demand and performed load research and analysis. Monica is also currently an Adjunct Faculty member of the Department of Economics at Bellarmine University in Kentucky and taught previously at Jefferson Community College, University of Kentucky, and Indiana University. Monica earned a PhD in Economics from the University of Kentucky, a MA in Economics from Indiana University, and a BBA in Finance from the University of Kentucky. She was awarded in the University of Kentucky Honors Program, has published two books, both with Elsevier, and published several journal articles and provided presentations.
Senior Quantitative Analyst, Kentucky, USA
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