Making Competition Work in Electricity

Making Competition Work in Electricity

Author: Sally Hunt

Publisher: John Wiley & Sons

Published: 2002-10-01

Total Pages: 467

ISBN-13: 0471266027

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An expert's perspective on how competition can make this industry work. There has never been a coherent plan to restructure the electricity industry in the USâ??until now. Power expert Sally Hunt gets down to the critical lessons learned from the California power crisis and other deregulated markets, in which competition has been introduced properly and successfully. Hunt presents sensible solutions to power market reform that have been cultivated over her twenty years of professional work in the industry. Sally Hunt (New York, NY) spent twenty years at National Economic Research Associates, where she was head of NERA's U.S. energy practice and a member of the board. Coauthor of Competition and Choice in Electricity with Graham Shuttleworth (0471957828), she has served as Corporate Economist at Con Edison, Deputy Director of the New York City Energy Office, and Assistant Administrator of the New York City Environmental Protection Administration. Over the years, financial professionals around the world have looked to the Wiley Finance series and its wide array of bestselling books for the knowledge, insights, and techniques that are essential to success in financial markets. As the pace of change in financial markets and instruments quickens, Wiley Finance continues to respond. With critically acclaimed books by leading thinkers on value investing, risk management,asset allocation, and many other critical subjects, the Wiley Finance series provides the financial community with information they want. Written to provide professionals and individuals with the most current thinking from the best minds in the industry, it is no wonder that the Wiley Finance series is the first and last stop for financial professionals looking to increase their financial expertise.


Investment in Electricity Generation and Transmission

Investment in Electricity Generation and Transmission

Author: Antonio J. Conejo

Publisher: Springer

Published: 2016-06-10

Total Pages: 389

ISBN-13: 3319295012

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This book provides an in-depth analysis of investment problems pertaining to electric energy infrastructure, including both generation and transmission facilities. The analysis encompasses decision-making tools for expansion planning, reinforcement, and the selection and timing of investment options. In this regard, the book provides an up-to-date description of analytical tools to address challenging investment questions such as: How can we expand and/or reinforce our aging electricity transmission infrastructure? How can we expand the transmission network of a given region to integrate significant amounts of renewable generation? How can we expand generation facilities to achieve a low-carbon electricity production system? How can we expand the generation system while ensuring appropriate levels of flexibility to accommodate both demand-related and production-related uncertainties? How can we choose among alternative production facilities? What is the right time to invest in a given production or transmission facility? Written in a tutorial style and modular format, the book includes a wealth of illustrative examples to facilitate comprehension. It is intended for advanced undergraduate and graduate students in the fields of electric energy systems, operations research, management science, and economics. Practitioners in the electric energy sector will also benefit from the concepts and techniques presented here.


Dirty Electricity

Dirty Electricity

Author: Samuel Milham MD MPH

Publisher: iUniverse

Published: 2012-12-06

Total Pages: 131

ISBN-13: 1938908198

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When Thomas Edison began wiring New York City with a direct current electricity distribution system in the 1880s, he gave humankind the magic of electric light, heat, and power; in the process, though, he inadvertently opened a Pandoras Box of unimaginable illness and death. Dirty Electricity tells the story of Dr. Samuel Milham, the scientist who first alerted the world about the frightening link between occupational exposure to electromagnetic fields and human disease. Milham takes readers through his early years and education, following the twisting path that led to his discovery that most of the twentieth century diseases of civilization, including cancer, cardiovascular disease, diabetes, and suicide, are caused by electromagnetic field exposure. In the second edition, he explains how electrical exposure does its damage, and how electricity is causing our current epidemics of asthma, diabetes and obesity. Dr. Milham warns that because of the recent proliferation of radio frequency radiation from cell phones and towers, terrestrial antennas, Wi-Fi and Wi-max systems, broadband internet over power lines, and personal electronic equipment, we may be facing a looming epidemic of morbidity and mortality. In Dirty Electricity, he reveals the steps we must take, personally and as a society, to coexist with this marvelous but dangerous technology.


Making Electricity Resilient

Making Electricity Resilient

Author: Antti Silvast

Publisher: Routledge

Published: 2017-04-21

Total Pages: 157

ISBN-13: 1315306093

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Energy risk and security have become topical matters in Western and international policy discussions; ranging from international climate change mitigation to investment in energy infrastructures to support economic growth and more sustainable energy provisions. As such, ensuring the resilience of more sustainable energy infrastructures against disruptions has become a growing concern for high-level policy makers. Drawing on interviews, participant observation, policy analysis, and survey research, this book unpacks the work of the authorities, electricity companies, and lay persons that keeps energy systems from failing and helps them to recover from disruptions if they occur. The book explores a number of important issues: the historical security policy of energy infrastructures; control rooms where electricity is traded and maintained in real time; and electricity consumers in their homes. Presenting case studies from Finland and Scandinavia, with comparisons to the United States, the United Kingdom, and the European Union at large, Making Electricity Resilient offers a detailed and innovative analysis of long-term priorities and short-term dynamics in energy risk and resilience. This book will be of great interest to students and scholars of energy policy and security, and science and technology studies.


EXPLORE ELECTRICITY!

EXPLORE ELECTRICITY!

Author: Carmella Van Vleet

Publisher: Nomad Press

Published: 2014-01-07

Total Pages: 191

ISBN-13: 1619301822

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Given the pace of how we harness and utilize electricity, as well as the importance of developing new sources of energy, electricity is a timely subject for kids to explore. In Explore Electricity! With 25 Great Projects, kids ages 6-9 will learn the basics of electricity: currents, circuits, power, magnetism and electromagnetism, motors and generators. They’ll become more attuned to how much they rely on electricity in their daily lives. They’ll also understand that while electricity is a wonderful resource, and one we’ve used to our advantage ever since it was discovered, the future of how we make and use electricity is still changing and there are things they can do today to impact these changes. This title invites kids to experiment on their own with 25 simple projects that will “spark” their learning and enthusiasm, including making their own clothespin switch, lemon battery, compass, electromagnet, and flashlight, as well as generating their own “lightning.” These hands-on activities combined with informational text will excite kids about STEM? the interrelated fields of science, technology, engineering, and mathematics.


Decision Making Under Uncertainty in Electricity Markets

Decision Making Under Uncertainty in Electricity Markets

Author: Antonio J. Conejo

Publisher: Springer Science & Business Media

Published: 2010-09-08

Total Pages: 549

ISBN-13: 1441974210

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Decision Making Under Uncertainty in Electricity Markets provides models and procedures to be used by electricity market agents to make informed decisions under uncertainty. These procedures rely on well established stochastic programming models, which make them efficient and robust. Particularly, these techniques allow electricity producers to derive offering strategies for the pool and contracting decisions in the futures market. Retailers use these techniques to derive selling prices to clients and energy procurement strategies through the pool, the futures market and bilateral contracting. Using the proposed models, consumers can derive the best energy procurement strategies using the available trading floors. The market operator can use the techniques proposed in this book to clear simultaneously energy and reserve markets promoting efficiency and equity. The techniques described in this book are of interest for professionals working on energy markets, and for graduate students in power engineering, applied mathematics, applied economics, and operations research.


Generating and Using Electricity

Generating and Using Electricity

Author: Andrew Solway

Publisher: Heinemann-Raintree Library

Published: 2009-01-01

Total Pages: 60

ISBN-13: 9781432924812

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Explains the different types of electricity and describes how it is made and used.


Virtual Power Plants and Electricity Markets

Virtual Power Plants and Electricity Markets

Author: Luis Baringo

Publisher: Springer Nature

Published: 2020-09-03

Total Pages: 381

ISBN-13: 3030476022

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This textbook provides a detailed analysis of operation and planning problems faced by virtual power plants participating in different electricity markets. The chapters address in-depth, topics such as: optimization, market power, expansion, and modelling uncertainty in operation and planning problems of virtual power plants. The book provides an up-to-date description of decision-making tools to address challenging questions faced by virtual power plants such as: How can virtual power plants optimize their participation in electricity markets? How can a virtual power plant exercise market power? How can virtual power plants be optimally expanded? How can uncertainty be efficiently modelled in the operation and planning problems of virtual power plants? The book is written in a tutorial style and modular format, and includes many illustrative examples to facilitate comprehension. It is intended for a diverse audience including advanced undergraduate and graduate students in the fields of electric energy systems, operations research, and economics. Practitioners in the energy sector will also benefit from the concepts and techniques presented in this book. In particular, this book: Provides students with the GAMS codes to solve the examples in the book; Provides a basis for the formulation of decision-making problems under uncertainty; Contains a blend of theoretical concepts and practical applications that are developed as working algorithms.


Making Energy Markets

Making Energy Markets

Author: Ronan Bolton

Publisher: Springer Nature

Published: 2022-02-01

Total Pages: 367

ISBN-13: 3030900754

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Making Energy Markets charts the emergence and early evolution of electricity markets in western Europe, covering the decade from the late 1980s to the late 1990s. Liberalising electricity marked a radical deviation from the established paradigm of state-controlled electricity systems which had become established across Europe after the Second World War. By studying early liberalisation processes in Britain and the Nordic region, and analysing the role of the EEC, the book shows that the creation of electricity markets involved political decisions about the feasibility and desirability of introducing competition into electricity supply industries. Competition introduced risks, so in designing the process politicians needed to evaluate who the likely winners and losers might be and the degree to which competition would impact key national industries reliant on cross-subsidies from the electricity sector, in particular coal mining, nuclear power and energy intensive production. The book discusses how an understanding of the origins of electricity markets and their political character can inform contemporary debates about renewables and low carbon energy transitions.