Fixed and Variable Costs

Chris Harris is Honorary Fellow in Energy Policy at Exeter University, UK, following a period as Visiting Professor in Sustainable Power Distribution at Bath University, UK. He is Head of Regulation at RWE npower, with previous roles including heads of internal markets, asset optimization and asset management. He has PhDs in fracture mechanics and regulatory economics.

• 1 Introduction 2 Equilibrium and Other Core Assumptions 3 Modelling with Hard Constraints 4 Modelling with Soft Constraints 5 The Treatment of Change 6 The Characterisation of Consumption 7 Summary