Fundamentals of Power System Economics
by Daniel S. Kirschen, Goran Strbac
An authoritative introduction to the economic principles and market structures that drive modern electricity systems and power sector decisions.
About This Book
Fundamentals of Power System Economics provides an introduction to the economic concepts and mechanisms that govern electricity generation, transmission, and distribution.
The book examines how competitive markets operate within the electric power sector and the role of pricing in resource allocation.
Readers will gain insight into cost structures, investment decisions, and regulatory frameworks that shape power system economics.
Authored by recognized experts, the text serves as a foundational reference for understanding the interplay between engineering and economics in energy systems.
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