{"product_id":"financial-transmission-rights-juan-rosell-n-9781447161974","title":"Financial Transmission Rights: Analysis, Experiences and Prospects","description":"\u003cp\u003eWhilst financial rights have appeared as a successful ingredient in North-American power markets, they have their shortcomings both theoretically and in practice. \u003ci\u003eFinancial Transmission Rights: Analysis, Experiences and Prospects\u003c\/i\u003e present a systematic and comprehensive overview of financial transmission rights (FTRS).\u003c\/p\u003e\u003cp\u003eFollowing a general introduction to FTRs, including chapters to explain transmission pricing and the general properties of FTRS, experts in the field provide discussions on wide scope of topics. These include: \u003c\/p\u003e\u003cp\u003eVarying perspectives on FTRS: from electrical engineers to economists, \u003c\/p\u003e\u003cp\u003eDifferent mathematical formulations of FTRS\u003c\/p\u003e\u003cp\u003eFinancial Hedging using FTRS, and\u003c\/p\u003e\u003cp\u003eAlternative solutions to FTRs \u003c\/p\u003e\u003cp\u003eThe detail, expertise and range of content makes \u003ci\u003eFinancial Transmission Rights: Analysis, Experiences and Prospect \u003c\/i\u003e an essential resource for electricity market specialists both at academic and professional levels.\u003c\/p\u003e\u003cp\u003e\"This is THE BOOK we were all expecting to address all key 'Financial Transmission Rights' issues. It is comprehensive and reader friendly. You can pick at will in its menu: more or less theory, a bit of maths or none, empirical review of real cases or numerical simulations of many feasible options. Big names rally there to delight you like: Hogan, Oren, Perez-Arriaga, Smeers, Hobbs and... Rosell. More than a must read: a light house, a map and a survival kit.\"\u003c\/p\u003e\u003cp\u003e \u003ci\u003eJean - Michel Glachant, Director Florence School, Holder Loyola de Palacio Chair, Chief-editor \u003c\/i\u003e\u003ci\u003eEconomics of Energy \u0026amp; Environmental Policy\u003c\/i\u003e\u003ci\u003e.\u003c\/i\u003e\u003c\/p\u003e\u003cp\u003e\"In the last two decades, economists have developed a better understanding of the impact of financial rights on risk management, market power and network expansion in electricity markets, while power systems have experimented with such rights. Striking a good balance between academics and practitioners, always at the frontier of the field, written bythe best experts, this volume is essential reading for all those- power systems' managers and users, regulators, students and researchers- who want to understand the new electricity environment and predict its evolution.\"\u003c\/p\u003e\u003cp\u003e\u003ci\u003eJean Tirole, Toulouse School of Economics and Institute for Industrial Economics (IDEI)\u003c\/i\u003e\u003c\/p\u003e\u003cp\u003eFurther comments inside.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Juan Rosell\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 1447161971\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9781447161974\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Springer\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 04\/16\/2015\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 418\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.38lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.21h x 6.14w x 0.91d","brand":"Juan Rosell","offers":[{"title":"Paperback","offer_id":43935819071743,"sku":"9781447161974","price":249.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/products\/img_15de7fd6-9cd2-42dd-9ff7-be2dfa197843.jpg?v=1681421989","url":"https:\/\/www.whiterainbookhouse.com\/products\/financial-transmission-rights-juan-rosell-n-9781447161974","provider":"WR Book House","version":"1.0","type":"link"}