Uncertainty in the Electric Power Industry
Uncertainty in the Electric Power Industry

Author: Christoph Weber

Publisher: Springer Science & Business Media

Published: 2006-01-06

Total Pages: 312

ISBN-13: 0387230483

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Around the world, liberalization and privatization in the electricity industry have lead to increased competition among utilities. At the same time, utilities are now exposed more than ever to risk and uncertainties, which they cannot pass on to their customers through price increases as in a regulated environment. Especially electricity-generating companies have to face volatile wholesale prices, fuel price uncertainty, limited long-term hedging possibilities and huge, to a large extent, sunk investments. In this context, Uncertainty in the Electric Power Industry: Methods and Models for Decision Support aims at an integrative view on the decision problems that power companies have to tackle. It systematically examines the uncertainties power companies are facing and develops models to describe them - including an innovative approach combining fundamental and finance models for price modeling. The optimization of generation and trading portfolios under uncertainty is discussed with particular focus on CHP and is linked to risk management. Here the concept of integral earnings at risk is developed to provide a theoretically sound combination of value at risk and profit at risk approaches, adapted to real market structures and market liquidity. Also methods for supporting long-term investment decisions are presented: technology assessment based on experience curves and operation simulation for fuel cells and a real options approach with endogenous electricity prices.

Electric Power Industry in Nontechnical Language
Electric Power Industry in Nontechnical Language

Author: Denise Warkentin-Glenn

Publisher: PennWell Books

Published: 1998

Total Pages: 264

ISBN-13:

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The electric power industry is undergoing the greatest transformation in its 100-year history. In readable, concise fashion, author Denise Warkentin explains how the electric industry works and what changes are in store. After briefly tracing the history of the industry, she details how different segments are structured and work together. Investor-owned, consumer-owned, and government-owned utilities are explained, as are rural cooperatives and independent power producers. Other issues addressed include deregulation, the emergence of energy marketers, and the impact of ongoing mergers, acquisitions, and consolidations.

The Power Brokers
The Power Brokers

Author: Jeremiah D. Lambert

Publisher: MIT Press

Published: 2015-08-28

Total Pages: 395

ISBN-13: 0262330997

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How the interplay between government regulation and the private sector has shaped the electric industry, from its nineteenth-century origins to twenty-first-century market restructuring. For more than a century, the interplay between private, investor-owned electric utilities and government regulators has shaped the electric power industry in the United States. Provision of an essential service to largely dependent consumers invited government oversight and ever more sophisticated market intervention. The industry has sought to manage, co-opt, and profit from government regulation. In The Power Brokers, Jeremiah Lambert maps this complex interaction from the late nineteenth century to the present day. Lambert's narrative focuses on seven important industry players: Samuel Insull, the principal industry architect and prime mover; David Lilienthal, chairman of the Tennessee Valley Authority (TVA), who waged a desperate battle for market share; Don Hodel, who presided over the Bonneville Power Administration (BPA) in its failed attempt to launch a multi-plant nuclear power program; Paul Joskow, the MIT economics professor who foresaw a restructured and competitive electric power industry; Enron's Ken Lay, master of political influence and market-rigging; Amory Lovins, a pioneer proponent of sustainable power; and Jim Rogers, head of Duke Energy, a giant coal-fired utility threatened by decarbonization. Lambert tells how Insull built an empire in a regulatory vacuum, and how the government entered the electricity marketplace by making cheap hydropower available through the TVA. He describes the failed overreach of the BPA, the rise of competitive electricity markets, Enron's market manipulation, Lovins's radical vision of a decentralized industry powered by renewables, and Rogers's remarkable effort to influence cap-and-trade legislation. Lambert shows how the power industry has sought to use regulatory change to preserve or secure market dominance and how rogue players have gamed imperfectly restructured electricity markets. Integrating regulation and competition in this industry has proven a difficult experiment.

Electric Power Generation
Electric Power Generation

Author: Dave Barnett

Publisher: PennWell Books

Published: 2000

Total Pages: 364

ISBN-13:

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Unlike more technical texts stuffed with formulae and theories, this book explains in plain English how power is created and replaces formulae with everyday examples and easy-to-understand illustrations. It opens with an explanation of how electricity is generated, then covers the planning and development of electric power stations, emphasizing modern considerations of merchant power plants, repowering, and the growth of gas turbine generation. The "facts" of generation are covered in part two--boilers, turbines, generators, hydro and pumped storage, and "alternative" generations sources, suchs geothermal, tidal, solar, and wind. Maintenance and operations are covered in basic overview format. Finally, environmental considerations--again, an increasing concern in light of deregulation and environmental law--are reviewed. In addition, the authors cover specific features and fuel-types in nontechnical terms. Industry newcomers will appreciate this clear explanation of how power is created.

Electric Power Generation, Transmission, and Distribution
Electric Power Generation, Transmission, and Distribution

Author: Leonard L. Grigsby

Publisher: CRC Press

Published: 2018-09-03

Total Pages: 768

ISBN-13: 1439856370

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Featuring contributions from worldwide leaders in the field, the carefully crafted Electric Power Generation, Transmission, and Distribution, Third Edition (part of the five-volume set, The Electric Power Engineering Handbook) provides convenient access to detailed information on a diverse array of power engineering topics. Updates to nearly every chapter keep this book at the forefront of developments in modern power systems, reflecting international standards, practices, and technologies. Topics covered include: Electric power generation: nonconventional methods Electric power generation: conventional methods Transmission system Distribution systems Electric power utilization Power quality L.L. Grigsby, a respected and accomplished authority in power engineering, and section editors Saifur Rahman, Rama Ramakumar, George Karady, Bill Kersting, Andrew Hanson, and Mark Halpin present substantially new and revised material, giving readers up-to-date information on core areas. These include advanced energy technologies, distributed utilities, load characterization and modeling, and power quality issues such as power system harmonics, voltage sags, and power quality monitoring. With six new and 16 fully revised chapters, the book supplies a high level of detail and, more importantly, a tutorial style of writing and use of photographs and graphics to help the reader understand the material. New chapters cover: Water Transmission Line Reliability Methods High Voltage Direct Current Transmission System Advanced Technology High-Temperature Conduction Distribution Short-Circuit Protection Linear Electric Motors A volume in the Electric Power Engineering Handbook, Third Edition. Other volumes in the set: K12648 Power Systems, Third Edition (ISBN: 9781439856338) K13917 Power System Stability and Control, Third Edition (ISBN: 9781439883204) K12650 Electric Power Substations Engineering, Third Edition (ISBN: 9781439856383) K12643 Electric Power Transformer Engineering, Third Edition (ISBN: 9781439856291)

Power Generation Technologies
Power Generation Technologies

Author: Paul Breeze

Publisher: Elsevier

Published: 2005-02-04

Total Pages: 289

ISBN-13: 0080480101

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This book makes intelligible the wide range of electricity generating technologies available today, as well as some closely allied technologies such as energy storage. The book opens by setting the many power generation technologies in the context of global energy consumption, the development of the electricity generation industry and the economics involved in this sector. A series of chapters are each devoted to assessing the environmental and economic impact of a single technology, including conventional technologies, nuclear and renewable (such as solar, wind and hydropower). The technologies are presented in an easily digestible form.Different power generation technologies have different greenhouse gas emissions and the link between greenhouse gases and global warming is a highly topical environmental and political issue. With developed nations worldwide looking to reduce their emissions of carbon dioxide, it is becoming increasingly important to explore the effectiveness of a mix of energy generation technologies.Power Generation Technologies gives a clear, unbiased review and comparison of the different types of power generation technologies available. In the light of the Kyoto protocol and OSPAR updates, Power Generation Technologies will provide an invaluable reference text for power generation planners, facility managers, consultants, policy makers and economists, as well as students and lecturers of related Engineering courses.· Provides a unique comparison of a wide range of power generation technologies - conventional, nuclear and renewable· Describes the workings and environmental impact of each technology· Evaluates the economic viability of each different power generation system

The Power of Change
The Power of Change

Author: National Academies of Sciences, Engineering, and Medicine

Publisher: National Academies Press

Published: 2016-09-30

Total Pages: 341

ISBN-13: 0309371422

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Electricity, supplied reliably and affordably, is foundational to the U.S. economy and is utterly indispensable to modern society. However, emissions resulting from many forms of electricity generation create environmental risks that could have significant negative economic, security, and human health consequences. Large-scale installation of cleaner power generation has been generally hampered because greener technologies are more expensive than the technologies that currently produce most of our power. Rather than trade affordability and reliability for low emissions, is there a way to balance all three? The Power of Change: Innovation for Development and Deployment of Increasingly Clean Energy Technologies considers how to speed up innovations that would dramatically improve the performance and lower the cost of currently available technologies while also developing new advanced cleaner energy technologies. According to this report, there is an opportunity for the United States to continue to lead in the pursuit of increasingly clean, more efficient electricity through innovation in advanced technologies. The Power of Change: Innovation for Development and Deployment of Increasingly Clean Energy Technologies makes the case that America's advantagesâ€"world-class universities and national laboratories, a vibrant private sector, and innovative states, cities, and regions that are free to experiment with a variety of public policy approachesâ€"position the United States to create and lead a new clean energy revolution. This study focuses on five paths to accelerate the market adoption of increasing clean energy and efficiency technologies: (1) expanding the portfolio of cleaner energy technology options; (2) leveraging the advantages of energy efficiency; (3) facilitating the development of increasing clean technologies, including renewables, nuclear, and cleaner fossil; (4) improving the existing technologies, systems, and infrastructure; and (5) leveling the playing field for cleaner energy technologies. The Power of Change: Innovation for Development and Deployment of Increasingly Clean Energy Technologies is a call for leadership to transform the United States energy sector in order to both mitigate the risks of greenhouse gas and other pollutants and to spur future economic growth. This study's focus on science, technology, and economic policy makes it a valuable resource to guide support that produces innovation to meet energy challenges now and for the future.

Understanding Electric Power Systems
Understanding Electric Power Systems

Author: Frank Delea

Publisher: John Wiley & Sons

Published: 2011-09-20

Total Pages: 352

ISBN-13: 1118211375

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A COMPREHENSIVE LOOK IN LAYMAN'S TERMS AT THE MANY ASPECTS OF THE PROVISION OF ELECTRIC POWER, BY TWO VETERAN EXECUTIVES AND RESPECTED EXPERTS Technological advances and changes in government policy and regulation have altered the electric power industry in recent years and will continue to impact it for quite some time. Fully updated with the latest changes to regulation, structure, and technology, this new edition of Understanding Electric Power Systems offers a real-world view of the industry, explaining how it operates, how it is structured, and how electricity is regulated and priced. It includes extensive references for the reader and will be especially useful to lawyers, government officials, regulators, engineers, and students, as well as the general public. The book explains the physical functioning of electric power systems, the electric power business in today's environment, and the related institutions, including recent changes in the roles of the Federal Energy Regulatory Commission and the North American Reliability Company. Significant changes that are affecting the industry are covered in this new edition, including: The expanded role of the federal government in the planning and operation of the nation's electric utilities New energy laws and a large number of FERC regulations implementing these laws Concerns over global warming and potential impacts on the electric industry Pressures for expansion of the electric grid and the implementation of "smart-grid" technologies The growing importance of various energy-storage technologies and renewable energy sources New nuclear generation technologies The 2009 economic stimulus package

Electric Power Annual
Electric Power Annual

Author:

Publisher:

Published: 1990

Total Pages: 152

ISBN-13:

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This publication provides industry data on electric power, including generating capability, generation, fuel consumption, cost of fuels, and retail sales and revenue.

Electric Power System Basics for the Nonelectrical Professional
Electric Power System Basics for the Nonelectrical Professional

Author: Steven W. Blume

Publisher: John Wiley & Sons

Published: 2016-12-05

Total Pages: 262

ISBN-13: 1119180198

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The second edition of Steven W. Blume’s bestseller provides a comprehensive treatment of power technology for the non-electrical engineer working in the electric power industry This book aims to give non-electrical professionals a fundamental understanding of large interconnected electrical power systems, better known as the “Power Grid”, with regard to terminology, electrical concepts, design considerations, construction practices, industry standards, control room operations for both normal and emergency conditions, maintenance, consumption, telecommunications and safety. The text begins with an overview of the terminology and basic electrical concepts commonly used in the industry then it examines the generation, transmission and distribution of power. Other topics discussed include energy management, conservation of electrical energy, consumption characteristics and regulatory aspects to help readers understand modern electric power systems. This second edition features: New sections on renewable energy, regulatory changes, new measures to improve system reliability, and smart technologies used in the power grid system Updated practical examples, photographs, drawing, and illustrations to help the reader gain a better understanding of the material “Optional supplementary reading” sections within most chapters to elaborate on certain concepts by providing additional detail or background Electric Power System Basics for the Nonelectrical Professional, Second Edition, gives business professionals in the industry and entry-level engineers a strong introduction to power technology in non-technical terms. Steve W. Blume is Founder of Applied Professional Training, Inc., APT Global, LLC, APT College, LLC and APT Corporate Training Services, LLC, USA. Steve is a registered professional engineer and certified NERC Reliability Coordinator with a Master's degree in Electrical Engineering specializing in power and a Bachelor's degree specializing in Telecommunications. He has more than 25 years’ experience teaching electric power system basics to non-electrical professionals. Steve's engineering and operations experience includes generation, transmission, distribution, and electrical safety. He is an active senior member in IEEE and has published two books in power systems through IEEE and Wiley.