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OverviewPacked with case studies and practical real-world examples, Electricity Marginal Cost Pricing Principles allows regulators, engineers and energy economists to choose the pricing model that best fits their individual market. Written by an author with 13 years of practical experience, the book begins with a clear and rigorous explanation of the theory of efficient pricing and how it impacts investor-owned, publicly-owned, and cooperatively-owned utilities using tried and true methods such as multiple-output, functional form, and multiproduct cost models. The author then moves on to include self-contained chapters on applying estimating cost models, including a cubic cost specification and policy implications while supplying actual data and examples to allow regulators, energy economists, and engineers to get a feel for the methods with which efficient prices are derived in today’s challenging electricity market. Full Product DetailsAuthor: Monica Greer (Senior Quantitative Analyst, Kentucky, USA)Publisher: Elsevier - Health Sciences Division Imprint: Butterworth-Heinemann Inc Dimensions: Width: 15.60cm , Height: 2.30cm , Length: 23.40cm Weight: 0.580kg ISBN: 9780123851345ISBN 10: 0123851343 Pages: 366 Publication Date: 13 March 2012 Audience: Professional and scholarly , Professional & Vocational Format: Hardback Publisher's Status: Active Availability: Awaiting stock  The supplier is currently out of stock of this item. It will be ordered for you and placed on backorder. Once it does come back in stock, we will ship it out for you. Table of Contents1. Introduction 2. The Theory of Natural Monopoly 3. Regulation and Policies pertaining to the Electric Utility Industry 4. Economics and Econometrics of Cost Models 5. Estimating Cost Models 6. Case Study: Cubic Cost Model to Estimate the Marginal Cost of Providing Electricity to End Users 7. Case Study: Cost Models to Illustrate Price and Substitution Elasticities Using KLEM Data 8. The Theory of Efficient Pricing 9. The Price and Substitution Elasticities of Demand Models 10. Case Study: Real-Time Pricing of ElectricityReviewsHaving trouble comprehending your electric bill? Think you can evaluate motor efficiency savings by using one simple number for price per kilowatt-hour? This book will enlighten you. --Electrical Apparatus October 2012 Having trouble comprehending your electric bill? Think you can evaluate motor efficiency savings by using one simple number for price per kilowatt-hour? This book will enlighten you. --Electrical Apparatus, October 2012 Author InformationMonica Greer is a Senior Quantitative Analyst based in Kentucky, United States. 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, an MA in economics from Indiana University, and a BBA in finance from the University of Kentucky. She was awarded into the University of Kentucky Honors Program, has published two books, both with Elsevier, and has published several journal articles and provided presentations. Tab Content 6Author Website:Countries AvailableAll regions |
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