Utility and Welfare Optimization: Theory and Practice in Electricity

ISBN-13: 9781137384805 / Angielski / Twarda / 2015 / 261 str.

Chris Harris

Opis

Utility and Welfare Optimization lays out clear optimization strategies for understanding the economic foundations of regulatory supply measures, further cementing electricity's role as an asset class with fixed and variable costs. This work presents a global recasting of electricity market design, and it will be of direct use to practitioners, academics, commentators, planners, and policy makers in electricity. Harris places electricity firmly in the canon of the microeconomics and econo-engineering of utility optimization, from bridges to broadband infrastructure. His findings and research offer a fresh alternative to prevailing policies and regulations.

Recenzje

"Harris provides a very perspicacious and readable overview of the theory and, importantly, the practice of welfare maximization in electricity. Unusually, he has written a book that bridges the usual divide between socio-political concerns and quantitative economic dimensions, and is all the stronger for it." - Catherine Mitchell, Professor of Energy Policy, Exeter University, UK

O autorze

Chris Harris is Honorary Fellow in Energy Policy at Exeter University, UK, following a period as Visiting Professor in Sustainable Power Distribution at Bath University, UK. He is Head of Regulation at RWE npower, with previous roles including heads of internal markets, asset optimization and asset management. He has PhDs in fracture mechanics and regulatory economics.