Electricity Markets and Power System Economics

Electricity Markets and Power System Economics

Author: Deqiang Gan, Donghan Feng, Jun Xie
Publisher: CRC Press
Edition: 1
Published date: 2013
ISBN: 9781138583122

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After the first power plant in history was commissioned for commercial operation by Thomas Edison on Pearl Street in New York in 1882, electricity was sold as a consumer product at market prices. After a period of rapid development, electricity had become such a fundamental product that regulation was believed to be necessary. Since then, the power

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