Peak load and capacity pricing : theory and practice in electricity Chris Harris

Includes bibliographical references and index.

Peak Load and Capacity Pricing lays out clear pricing strategies for understanding peak load and capacity pricing structures, further cementing electricity's role as an asset class with fixed and variable costs. This work presents a global recasting of electricity market design, and it will be of direct use to practitioners, academics, commentators, planners, and policy makers in electricity. Harris places electricity firmly in the canon of the microeconomics and econo-engineering of price setting, from bridges to other infrastructure assets. His findings and research offer a fresh alternative to prevailing policies and regulations.