ABSTRACT

Originally published in 1968, this book was one of the first full-scale published studies of the principles of investment planning and of the structure of marginal costs in a public enterprise. The concepts involved were more developed and applied in the world's electricity industries than elsewhere, and this book will be of interest to both engineers and administrators who are concerned with electricity supply, by setting out the characteristics of investment planning in this sector and the implications for cost analysis.

chapter 3|17 pages

The Background Plan

chapter 4|16 pages

Long-Run Marginal Cost

chapter 5|8 pages

Risk and Uncertainty in Generation

chapter 7|4 pages

The Quality of Service

chapter 8|6 pages

Marginal Costs and Optimal Pricing

chapter 9|14 pages

Tariffs