This chapter provides an introduction to the economic concepts related to the electricity sector. It introduces the key concepts related to the electricity supply industry (such as load duration curve, capacity factor, and load diversity) and provides simple decision-making tools such as merit order dispatch, levelised costs and screening curves that are used in the industry.
CITATION STYLE
Bhattacharyya, S. C. (2011). Economics of Electricity Supply. In Energy Economics (pp. 227–247). Springer London. https://doi.org/10.1007/978-0-85729-268-1_10
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