Optimal pricing and investment in electricity supply : an essay in applied welfare economics

Author(s)

Bibliographic Information

Optimal pricing and investment in electricity supply : an essay in applied welfare economics

Ralph Turvey

(Routledge library editions, . Energy economics ; v. 23)

Routledge, 2018, c1968

  • : hbk

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Note

Reprint. Originally published: London : G. Allen and Unwin, 1968

Set ISBN for "Energy economics": 9781138104761

Includes index

Description and Table of Contents

Description

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.

Table 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

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