Understanding Electric Utilities And De Regulation

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Understanding Electric Utilities And De Regulation

Author : Lorrin Philipson
ISBN : 0824719204
Genre : Technology & Engineering
File Size : 90.3 MB
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This volume provides a thorough review of the past, present and future of the wholesale and retail electic power industry. It includes tutorial chapters on electric utility function and structure, electricity and power, the uses of electric power, and more. The authors provide a simple but complete discussion of de-regulation and explain the structure of the de-regulated electric power industry, including the competitive wholesale and retail levels, the retail energy services sector, and more.
Category: Technology & Engineering

Understanding Electric Utilities And De Regulation

Author : H. Lee Willis
ISBN : 142002826X
Genre : Technology & Engineering
File Size : 29.59 MB
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Power interruptions of the scale of the North American Blackout of 2003 are rare, but they still loom as a possibility. Will the aging infrastructure fail because deregulated monopolies have no financial incentives to upgrade? Is centralized planning becoming subordinate to market forces? Understanding Electric Utilities and De-Regulation, Second Edition provides an updated, non-technical description that sheds light on the nature of the industry and the issues involved in its transition away from a regulated environment. The book begins by broadly surveying the industry, from a regulated utility structure to the major concepts of de-regulation to the history of electricity, the technical aspects, and the business of power. Then, the authors delve into the technologies and functions on which the industry operates; the many ways that power is used; and the various means of power generation, including central generating stations, renewable energy, and single-household size generators. The authors then devote considerable attention to the details of regulation and de-regulation. To conclude, one new chapter examines aging infrastructures and reliability of service, while another explores the causes of blackouts and how they can be prevented. Based on the authors' extensive experience, Understanding Electric Utilities and De-Regulation, Second Edition offers an up-to-date perspective on the major issues impacting the daily operations as well as the long-term future of the electric utilities industry.
Category: Technology & Engineering

Electricity Economics

Author : Martin Schetzen
ISBN : STANFORD:36105111890203
Genre : Business & Economics
File Size : 73.7 MB
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A lucid and up-to-date introduction to understanding electrical power utilities in an era of change Electric utilities worldwide are undergoing profound transformations: nationally owned systems are becoming privatized, privately owned systems that were previously regulated are becoming deregulated, and national systems are becoming international. Professionals in the power sector must now work in a new world in which an understanding of the principles of markets and how to evaluate investment projects under competition are essential. This text was written as a manual for the Russian Federal Energy Commission to train regional electricity rate regulators in the principles of economics and finance involved in regulating electricity markets and deregulating electricity generation. Requiring no familiarity with economics and using a minimum of mathematics, this book provides professionals in the power sector with the tools to face the new realities of electric utility operation. Designed both as a reference for practicing professionals and as a textbook for university and continuing education programs, Electricity Economics: Regulation and Deregulation discusses: The lessons learned from international experiences Competitive versus noncompetitive markets Cost and supply, profit, and economic efficiency The cost of capital, including net present value, discounting, and risk and return Wholesale power markets, generation expansion, and customer choice Specific international examples including the Californian, Norwegian, Spanish, and Argentine power sectors Plus numerous exercises to help clarify and support absorption of the concepts
Category: Business & Economics

Electricity Economics

Author : Martin Schetzen
ISBN : STANFORD:36105111890203
Genre : Business & Economics
File Size : 69.34 MB
Format : PDF, ePub
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A lucid and up-to-date introduction to understanding electrical power utilities in an era of change Electric utilities worldwide are undergoing profound transformations: nationally owned systems are becoming privatized, privately owned systems that were previously regulated are becoming deregulated, and national systems are becoming international. Professionals in the power sector must now work in a new world in which an understanding of the principles of markets and how to evaluate investment projects under competition are essential. This text was written as a manual for the Russian Federal Energy Commission to train regional electricity rate regulators in the principles of economics and finance involved in regulating electricity markets and deregulating electricity generation. Requiring no familiarity with economics and using a minimum of mathematics, this book provides professionals in the power sector with the tools to face the new realities of electric utility operation. Designed both as a reference for practicing professionals and as a textbook for university and continuing education programs, Electricity Economics: Regulation and Deregulation discusses: The lessons learned from international experiences Competitive versus noncompetitive markets Cost and supply, profit, and economic efficiency The cost of capital, including net present value, discounting, and risk and return Wholesale power markets, generation expansion, and customer choice Specific international examples including the Californian, Norwegian, Spanish, and Argentine power sectors Plus numerous exercises to help clarify and support absorption of the concepts
Category: Business & Economics

Electric Utilities And Independent Power

Author : Richard Kendall Miller
ISBN : 0881732338
Genre : Competition
File Size : 30.21 MB
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Other important topics include the impact of air pollution control regulations on the industry and current trends in the utilization of new technologies by power producers.
Category: Competition

Electric Utility Deregulation

Author : U. S. Staff
ISBN : PSU:000033089447
Genre : Electric power production
File Size : 82.5 MB
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Category: Electric power production

Distributed Power Generation

Author : H. Lee Willis
ISBN : 9781482263190
Genre : Technology & Engineering
File Size : 30.18 MB
Format : PDF
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In the view of many power experts, distributed power generation represents the paradigm of the future. Distributed Power Generation: Planning and Evaluation explores the preparation and analysis of distributed generators (DGs) for residential, commercial and industrial, as well as electric utility applications. It examines distributed generation versus traditional, centralized power systems, power demands, reliability evaluation, planning processes, costs, reciprocating piston engine DGs, gas turbine powered DGs, fuel cell powered DGs, renewable resource DGs, and more. The authors include recommendations and guidelines for DG planners, and numerous case studies illustrate the discussions.
Category: Technology & Engineering

Deregulation Of Electric Utilities

Author : Georges Zaccour
ISBN : 9781461557296
Genre : Business & Economics
File Size : 66.60 MB
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Deregulation of Electric Utilities reviews the main issues relating to the changing environment in the utility industry. Topics covered in depth include compensation for stranded costs, efficiency gains, institutional design, pricing, economics of scale, and network externalities. In addition, this book assesses early experiences in electricity deregulation in continental Europe, New Zealand, North America, and the United Kingdom.
Category: Business & Economics

Markets For Power

Author : Paul L. Joskow
ISBN : 0262600188
Genre : Business & Economics
File Size : 44.52 MB
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This timely study evaluates four generic proposals for allowing free market forces toreplace government regulation in the electric power industry and concludes that none of thederegulation alternatives considered represents a panacea for the performance failures associatedwith things as they are now. It proposes a balanced program of regulatory reform and deregulationthat promises to improve industry performance in the short run, resolve uncertainties about thecosts and benefits of deregulation, and positions the industry for more extensive deregulation inthe long run should interim experimentation with deregulation, structural, and regulatory reformsmake it desirable.The book integrates modern microeconomic theory with a comprehensive analysis ofthe economic, technical, and institutional characteristics of modern electrical power systems. Itemphasizes that casual analogies to successful deregulation efforts in other sectors of the economyare an inadequate and potentially misleading basis for public policy in the electric power industry,which has economic and technical characteristics that are quite different from those in otherderegulated industries.Paul L. Joskow is Professor of Economics at MIT, author of ControllingHospital Costs (MIT Press 1981) and coauthor with Martin L. Baughman and Dilip P. Kamat of ElectricPower in the United States (MIT Press 1979). Richard Schmalensee, also at MIT, is Professor ofApplied Economics, author of The Economics of Advertising and The Control of Natural Monopolies, andeditor of The MIT Press Series, Regulation of Economic Activity.
Category: Business & Economics

Electricity Deregulation

Author : James M. Griffin
ISBN : 0226308588
Genre : Business & Economics
File Size : 89.7 MB
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The electricity market has experienced enormous setbacks in delivering on the promise of deregulation. In theory, deregulating the electricity market would increase the efficiency of the industry by producing electricity at lower costs and passing those cost savings on to customers. As Electricity Deregulation shows, successful deregulation is possible, although it is by no means a hands-off process—in fact, it requires a substantial amount of design and regulatory oversight. This collection brings together leading experts from academia, government, and big business to discuss the lessons learned from experiences such as California's market meltdown as well as the ill-conceived policy choices that contributed to those failures. More importantly, the essays that comprise Electricity Deregulation offer a number of innovative prescriptions for the successful design of deregulated electricity markets. Written with economists and professionals associated with each of the network industries in mind, this comprehensive volume provides a timely and astute deliberation on the many risks and rewards of electricity deregulation.
Category: Business & Economics

Electric Power

Author : John C. Moorhouse
ISBN : UOM:39015011019604
Genre : Business & Economics
File Size : 71.38 MB
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Category: Business & Economics

Understanding Electric Power Systems

Author : Jack Casazza
ISBN : 9780471667865
Genre : Technology & Engineering
File Size : 63.33 MB
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The Enron scandal notwithstanding, it is important forprofessionals in the electric power industry and related positionsgain a solid understanding of electric power systems and how theywork. Written by two veteran power company managers and respectedexperts, this is a real-world view of electric power systems, howthey operate, how the organizations are structured, and howelectricity is regulated and priced. A comprehensive overview of the electric power industry from theinside Covers electric power system components, electricity consumption,generation, transmission, distribution, electric utility operation,electric system control, power system reliability, governmentregulation, utility rate making, and financial considerations. Includes an extensive glossary of key terms used in the U.S. andalso definitions for terms used worldwide
Category: Technology & Engineering

Southeastern Geographer

Author : David M. Cochran Jr.
ISBN : 9781469616032
Genre : Social Science
File Size : 84.22 MB
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Southeastern Geographer is published by UNC Press for the Southeastern Division of the Association of American Geographers (www.sedaag.org). The quarterly journal publishes the academic work of geographers and other social and physical scientists, and features peer-reviewed articles and essays that reflect sound scholarship and contain significant contributions to geographical understanding, with a special interest in work that focuses on the southeastern United States.
Category: Social Science

Markets Pricing And Deregulation Of Utilities

Author : Michael A. Crew
ISBN : 9781461508779
Genre : Business & Economics
File Size : 82.86 MB
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Markets, Pricing, and Deregulation of Utilities examines the effects of deregulation on the energy and telecommunications industries in an economic environment that has changed dramatically since deregulation was first introduced in those industries several years ago. The contributors to this book discuss the aspects of deregulation that appear to be succeeding and those that seem to be failing. Within that framework, they offer insight as to the possible next stages of regulatory restructuring and reform. The contents of this book provide a strong theoretical base leading to a better understanding of markets, pricing, and deregulation by utility managers, regulators, and economists.
Category: Business & Economics

Power Loss

Author : Richard F. Hirsh
ISBN : 0262582198
Genre : Political Science
File Size : 50.55 MB
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A perceptive account of the deregulation of the electric power industry.
Category: Political Science

Deregulation

Author : Janice A. Beecher
ISBN : 9781583210888
Genre : Business & Economics
File Size : 50.7 MB
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Category: Business & Economics

If We Can Put A Man On The Moon

Author : William D. Eggers
ISBN : 9781422155127
Genre : Political Science
File Size : 39.21 MB
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The American people are frustrated with their government-dismayed by a series of high-profile failures (Iraq, Katrina, the financial meltdown) that seems to just keep getting longer. Yet our nation has a proud history of great achievements: victory in World War II, our national highway system, welfare reform, the moon landing. We need more successes like these to reclaim government's legacy of competence. In If We Can Put a Man on the Moon, William Eggers and John O'Leary explain how to do it. The key? Understand-and avoid-the common pitfalls that trip up public-sector leaders during the journey from idea to results. The authors identify pitfalls including: -The Partial Map Trap: Fumbling handoffs throughout project execution -The Tolstoy Syndrome: Seeing only the possibilities you want to see -Design-Free Design: Designing policies for passage through the legislature, not for implementation -The Overconfidence Trap: Creating unrealistic budgets and timelines -The Complacency Trap: Failing to recognize that a program needs change At a time of unprecedented challenges, this book, with its abundant examples and hands-on advice, is the essential guide to making our government work better. A must-read for every public official, this book will be of interest to anyone who cares about the future of democracy.
Category: Political Science