Electricity Economics: Regulation and Deregulation

By G. Rothwell, T. Gómez. 2003

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A Real Options Approach to Evaluating New Nuclear Power Plants (2006, background): “Annual net revenues from an electricity generator in a competitive market (see Rothwell and Gomez, 2003) are where R is net revenue per year in millions of dollars ($M), Q is the quantity of megawatt-hours (MWh) sold (i.e., net MWh produced) per year, P is the price of electricity in $/MWh, and AVC…”
The role of communication systems in smart grids: Architectures, technical solutions and research challenges (2013, background): “Then, electricity prices are determined in an electronic auction market according to demand and supply principles [48].”
A review of electricity product differentiation (2014, background): “, the power pool and the bilateral market), or through load-serving entities (LSEs), such as local distribution companies (LDCs) and retailers that procure power from wholesale generation markets [24–33].”