Carbonomics
National and International Energy Policy
Power System Economics
Steven  Stoft
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The Economics of Electric Power Networks
 
  A lecture series given as part of the
Erasmus Master Course on Economics and Management of Network Industries
March 6th (9--12), Prices For Dispatch and Consumption
March 7th (2--5), Prices For Investment in an Ideal World
March 12th (9--12), Can the Market Solve the Reliability Investment Problem?
March 13th (9--12), Transmission Investment: Is the Market Better than Planning?

Lecture #1 PDF of slides 4/page (Final).  Lect. 1 answers
Lecture #2 PDF of slides 4/page (Corrected example + homework solutions)
Lecture #2 PDF of slides 4/page (Final)

DRAFT of all 4 lectures in power point. (Mar. 3)
The lecture notes will be the focus of the course, and students should download the final version on March 5. Background reading is optional, but parts of it will be helpful in understanding the lecture notes as indicated in the notes.

Background reading

Excerpts from   Power System Economics
Part 1, Ch. 3, 4, 5, 6
Part 3, Ch. 1, 5, 6, 7
Part 5, Ch. 1, 2, 3, 4, 5

Chapter 4, Transmission Investment In a Deregulated Power Market
from Competitive Electricity Markets and Sustainability, edited by François Lévêque
Paper format with table of contents, 35 page pdf, or
Book formating, 46 page pdf

The Convergence of Market Designs for Adequate Generating Capacity
by Cramton and Stoft, 2006.

Fewer Prices Than Zones, Electricity Journal, 1998
 
 
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