Optimal pricing and investment in electricity supply
Subtitle: an essay in applied welfare economics
By: Ralph Turvey
Series: Routledge library editions: energy economics -- volume 23; Routledge library editions -- v. 23.
Publisher: Routledge, Taylor & Francis Group
Published: 2018
Place of publication: Abingdon, Oxon; New York, NY
Language: eng
Number of pages: 136
ISBN-13: 9781315144207
Subjects: Electric utilities; Costs; Rates; Electric power-plants; Services publics d'électricité; Coût; Tarifs; Centrales électriques; BUSINESS & ECONOMICS; International; Economics; Theory; Real Estate; General
Notes: Originally published in 1968 by George Allen and Unwin Ltd.

"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."--Provided by publisher

Includes bibliographical references.
Table of contents: title: Cover; Half Title Page; Title Page; Copyright Page; Original Title Page; Original Copyright Page; Dedication Page; Preface; 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; Appendix: The Economic Analysis of Choice of Transformer; Index.