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Description
Power System EconomicsCondition: BRAND NEW ISBN: 9780471150404 Year: 2002 Publisher: John Wiley & Sons Inc (US) Pages: 496 Description: The first systematic presentation of electricity market design from the basics to the cutting edge. Unique in its breadth and depth. Using examples and focusing on fundamentals, it clarifies long misunderstood issues such as why today's markets are inherently unstable. The book reveals for the first time how uncoordinated regulatory and
Condition: BRAND NEWISBN: 9780471150404
Year: 2002
Publisher: John Wiley & Sons Inc (US)
Pages: 496
Description:
The first systematic presentation of electricity market design-from
the basics to the cutting edge. Unique in its breadth and depth.
Using examples and focusing on fundamentals, it clarifies long
misunderstood issues-such as why today's markets are inherently
unstable. The book reveals for the first time how uncoordinated
regulatory and engineering policies cause boom-bust investment
swings and provides guidance and tools for fixing broken markets.
It also takes a provocative look at the operation of pools and
power exchanges.
* Part 1 introduces key economic, engineering and market design
concepts.
* Part 2 links short-run reliability policies with long-run
investment problems.
* Part 3 examines classic designs for day-ahead and real-time
markets.
* Part 4 covers market power, and
* Part 5 covers locational pricing, transmission right and pricing
losses.
The non-technical introductions to all chapters allow easy access
to the most difficult topics. Steering an independent course
between ideological extremes, it provides background material for
engineers, economists, regulators and lawyers alike. With nearly
250 figures, tables, side bars, and concisely-stated results and
fallacies, the 44 chapters cover such essential topics as auctions,
fixed-cost recovery from marginal cost, pricing fallacies, real and
reactive power flows, Cournot competition, installed capacity
markets, HHIs, the Lerner index and price caps.
About the Author
Steven Stoft has a Ph.D. in economics (U.C. Berkeley) as well as a
background in physics, math, engineering, and astronomy. He spent a
year inside FERC and
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4.7 ★★★★★
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Product Reviews
★★★★★ 5
Great overshirt, but heavier than you might expect.
Great fit. Good quality, heavy cotton. I bought it as a substitute for a light jacket… to maybe wear open with a t-shirt. It’s pretty heavy… almost like denim… which was what I wanted. But it’s heavier than what I would wear as a “shirt”. The price was great, so I’d buy it again since it comes in a variety of colors.
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Reviewed in the United States on July 21, 2025
★★★★★ 1
100% polyester is awful!
Color: Olive Green, Size: Large
As others have pointed out, this used to be 100% cotton and it was great. Sturdy and comfortable, nice worn-in look. Now it’s 100% polyester and it’s terrible. Feels cheap, looks cheap and shiny. Please bring back the cotton shirts.
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on May 4, 2026
★★★★★ 3
Machine Washable but NOT Machine Dryable!
Seems well made and fits me well (6'2", 196 lb). I like the feel and color. However, contrary to lots of the reviews saying the shirt the received, mine was 100% Polyester. The instructions say machine washable. But upon receiving the item, its label says "do not tumble dry." I intended it for a two week+ cruise where washing it and quick drying will be essential. Drip drying would be very inconvenient.
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on March 12, 2026
★★★★★ 5
Thicker shirt, not jacket or shacket.
Color: Olive Green, Size: Small
It's not a jacket or a shacket-- too thin for that. But it is a thicker shirt, very soft, and could be worn as business/dress or casual. We didn't keep it, because it wasn't what we were looking for, but it's a nice shirt. Bigger than we were hoping for a 10-year-old boy (who is very tall for his age).
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Reviewed in the United States on October 28, 2025
★★★★★ 5
LIGHT JACKET
Color: Dark Gray, Size: XX-Large
GREAT LIGHT WEIGHT JACKET
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on May 22, 2026
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