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The Basics
Power Market Fundamentals
Oil Wood Coal Gas Nuclear Hydro
Fuel
Generation
Transmission
Consumers
The Basics
Historical Power Market
Generation
Transmission
Distribution
Consumption
The historical power market was so simple, because it was not competitive.
The Basics
Recent Power Market
Transmission
Distribution
Consumption
Direct
Although the historical power market is monopolistic, there is a competition in recent one, so there are many options for customers.
Industry includes 5 main factors (Technology, Economy, Society, Environment, Natural Resources) The main purpose of the Energy Policy Models is to balance these factors and to create a solution.
Event
model
energy sector model energyenergy-economy model energyenergy-environment model energy-economyenergy-economyenvironment model
1973
1979
1999
UNFCCC
EnergyEnergy-Economy Interactions
EnergyEnergy-Economy Interactions
to from energy nonenergy primary factor energy 0 PE E nonenergy PE E 0 PRR final demand 0 GNP