Optimal Pricing and Investment in Electricity Supply - An Esay in Applied Welfare Economics

Originally published in 1968, this book was one of the first full-scale published studies of the principles of investment planning and of the structure of marginal costs in a public enterprise. The concepts involved were more developed and applied in the world's electricity industries than elsewhere, and this book will be of interest to both engineers and administrators who are concerned with electricity supply, by setting out the characteristics of investment planning in this sector and the implications for cost analysis.

List of contents

1. Minimum cost Operation of a Thermal Power System 2. The Optimal Plant Mix in the Plant Programme 3. The Background Plan 4. Long-Run Marginal Cost 5. Risk and Uncertainty in Generation 6. Investment and cost Structure in Distribution 7. The Quality of Service 8. Marginal Costs and Optimal Pricing 9. Tariffs

About the author

Ralph Turvey

Summary

Originally published in 1968, this book was one of the first full-scale published studies of the principles of investment planning and of the structure of marginal costs in a public enterprise. The concepts involved were more developed and applied in the world's electricity industries than elsewhere, and this book will be of interest to both engineers and administrators who are concerned with electricity supply, by setting out the characteristics of investment planning in this sector and the implications for cost analysis.

Product details

• Authors: Ralph Turvey, Turvey Ralph
• Publisher: Taylor & Francis Ltd.
• Languages: English
• Product format: Paperback / Softback
• Released: 30.11.2019
• EAN: 9781138501263
• ISBN: 978-1-138-50126-3
• No. of pages: 136
• Series: Routledge Library Editions: Energy Economics
• Subjects: Social sciences, law, business > Business > Miscellaneous; BUSINESS & ECONOMICS / International / General, ENERGY, BUSINESS & ECONOMICS / Industrial Management, BUSINESS & ECONOMICS / Industries / Energy, SCIENCE / Energy, International Economics, Economics of industrial organisation, Economics of industrial organization, Electrical power generation and distribution industries, Electrical power industries