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Uncertainty in the Electric Power Industry: Methods and Models for Decision Support by Christoph Weber[Repost]
![Uncertainty in the Electric Power Industry: Methods and Models for Decision Support by Christoph Weber[Repost]](https://pixhost.icu/avaxhome/c8/de/0001dec8.jpg)
Uncertainty in the Electric Power Industry: Methods and Models for Decision Support by Christoph Weber
Springer; 2005 edition | November 8, 2004 | English | ISBN: 0387230475 | 314 pages | PDF | 13 MB
Springer; 2005 edition | November 8, 2004 | English | ISBN: 0387230475 | 314 pages | PDF | 13 MB
Around the world, liberalization and privatization in the electricity industry have lead to increased competition among utilities. At the same time, utilities are now exposed more than ever to risk and uncertainties, which they cannot pass on to their customers through price increases as in a regulated environment. Especially electricity-generating companies have to face volatile wholesale prices, fuel price uncertainty, limited long-term hedging possibilities and huge, to a large extent, sunk investments.