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Introduction

Chapter

Abstract

Our life is rich in various phenomena. Some of them are amazing and hard to explain; moreover, sometimes they oppose common sense, theory, and practice. A phenomenon of the kind has been observed over the past ten or more years in the electric power industry of many countries, including Russia. Incidentally, the fact that this does not happen in all countries is significant and optimistic. This book is devoted to the analysis of this situation, an attempt to understand its roots, trace its consequences, and find the ways of prevention.

Keywords

Competitive Market Electricity Price Spot Market Wholesale Market Electric Power Industry 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© Springer Science+Business Media, LLC 2011

Authors and Affiliations

  1. 1.Siberian Branch, Energy Systems InstituteRussian Academy of SciencesIrkutskRussia

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