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Valuation of services. Competitive industry modeling

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1 Author(s)

This tutorial presents an overview of the externalities that impact the electricity spot market. The importance of this modeling is to provide proper and thorough valuation of the services offered by each industry segment. There are several alternative ways to model this multiple market interaction. Two approaches are discussed: Leontief energy model and supply chain. Their relationship to the Porter five-forces model is presented.

Published in:

Power and Energy Magazine, IEEE  (Volume:99 ,  Issue: 2 )