This paper deals with the dispatch problem in providing electric power with minimal costs using different technologies. Initially, we describe this problem in terms of a linear program. This enables us to take generally neglected start-up costs into account. The main result is the explicit...

Welche Chancen und Risiken ergeben sich aus der Schiefergasförderung in Europa und speziell in Deutschland? Nach Ansicht von Felix Müsgens, Brandenburgische Technische Universität Cottbus-Senftenberg, und Andreas Seeliger, Duale Hochschule Baden-Württemberg Mosbach, sollte die skeptische...

This book offers important insights into the intricacies of energy trading and risk management to students and professionals in the liberalized electricity and natural gas markets. In its opening chapter, the book delves into fundamental concepts, including price formation on wholesale markets....