Book contents
- Economics of Electricity
- Economics of Electricity
- Copyright page
- Dedication
- Contents
- Figures
- Tables
- Acknowledgments
- Introduction
- Part I Introduction to Energy and Electricity
- Part II The Basic Design of Electricity Systems and Markets
- Part III Simplified Isolated Markets without Network Congestion
- 7 Load and Power Generation
- 8 The Centralized Solution of Optimal Dispatching
- 9 Welfare Maximization with Time-Varying Load
- 10 The Market Solution to Optimal Dispatching
- 11 Balancing Markets
- Part IV Competition in Wholesale Electricity Markets
- Part V Introducing Transmission Networks: Network Congestion and Electricity Import-Export
- Part VI Economics of Electricity Retail Markets
- Part VII Investing in Power Generation
- Part VIII Environmental Challenges and the Future of Electricity Markets
- References
- Index
11 - Balancing Markets
from Part III - Simplified Isolated Markets without Network Congestion
Published online by Cambridge University Press: 30 May 2019
- Economics of Electricity
- Economics of Electricity
- Copyright page
- Dedication
- Contents
- Figures
- Tables
- Acknowledgments
- Introduction
- Part I Introduction to Energy and Electricity
- Part II The Basic Design of Electricity Systems and Markets
- Part III Simplified Isolated Markets without Network Congestion
- 7 Load and Power Generation
- 8 The Centralized Solution of Optimal Dispatching
- 9 Welfare Maximization with Time-Varying Load
- 10 The Market Solution to Optimal Dispatching
- 11 Balancing Markets
- Part IV Competition in Wholesale Electricity Markets
- Part V Introducing Transmission Networks: Network Congestion and Electricity Import-Export
- Part VI Economics of Electricity Retail Markets
- Part VII Investing in Power Generation
- Part VIII Environmental Challenges and the Future of Electricity Markets
- References
- Index
Summary
- Type
- Chapter
- Information
- Economics of ElectricityMarkets, Competition and Rules, pp. 136 - 154Publisher: Cambridge University PressPrint publication year: 2019