Fundamentals of Power System Economics
by Daniel S. Kirschen, Goran Strbac
An authoritative introduction to the economic foundations of power systems and competitive electricity markets for engineers and analysts.
About This Book
Fundamentals of Power System Economics presents the core economic concepts that govern the operation and planning of electric power systems.
The text examines how competitive electricity markets function and the economic signals that guide investment and operational decisions.
Readers gain insight into pricing mechanisms, system reliability, and the integration of renewable resources within market frameworks.
The material is structured to bridge engineering practice with economic analysis for students and professionals alike.
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