Download or read book Economic Regulation and Its Reform written by Nancy L. Rose and published by University of Chicago Press. This book was released on 2014-08-29 with total page 619 pages. Available in PDF, EPUB and Kindle. Book excerpt: The past thirty years have witnessed a transformation of government economic intervention in broad segments of industry throughout the world. Many industries historically subject to economic price and entry controls have been largely deregulated, including natural gas, trucking, airlines, and commercial banking. However, recent concerns about market power in restructured electricity markets, airline industry instability amid chronic financial stress, and the challenges created by the repeal of the Glass-Steagall Act, which allowed commercial banks to participate in investment banking, have led to calls for renewed market intervention. Economic Regulation and Its Reform collects research by a group of distinguished scholars who explore these and other issues surrounding government economic intervention. Determining the consequences of such intervention requires a careful assessment of the costs and benefits of imperfect regulation. Moreover, government interventions may take a variety of forms, from relatively nonintrusive performance-based regulations to more aggressive antitrust and competition policies and barriers to entry. This volume introduces the key issues surrounding economic regulation, provides an assessment of the economic effects of regulatory reforms over the past three decades, and examines how these insights bear on some of today’s most significant concerns in regulatory policy.

Download or read book Economics of Electrical Distribution written by P. O. Reyneau and published by Forgotten Books. This book was released on 2015-06-26 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Economics of Electrical Distribution Electrical Engineering is more than the application of the principles of electricity to the design, construction and operation of a machine, a power plant or a distribution system to the end that it fulfills satisfactorily its intended purpose. It is highly desirable that efficiency be also accomplished. Further than this, it should be the aim of all engineers to develop efficiency in its broader sense, that is, by the realization of maximum economy in both design, construction and operation. In designing, constructing, or operating an electrical distribution system, the object to be striven for is to provide all customers with a good quality of service at the least possible cost over the system as a whole. This result can be attained only through a careful and conscientious application of the principles of economics to all parts of the system. It is to define those principles and to indicate methods for their application that this book is presented. This work has been prompted by the realization that the transmission and distribution system, representing a large part of the total investment in any central station and offering a wide field for economic study has not often been given sufficient attention. Much valuable information may be found scattered through the engineering literature, but it is thought that there is need of bringing together the factors involved in such a study and of discussing the subject as a whole. This book is by no means an attempt to cover the whole field of economics as applied to the central station system. It is well recognized that the range of problems encountered is very broad and varied and that, as yet, comparatively little progress has been made in such work. It would be impossible in a work of this kind to cover in detail even the field of distribution and transmission economics. The purpose of the book is to present the need for the application of economic principles to the design of distribution systems, to explain the fundamental principles involved, to indicate the types of problems most often encountered and to offer methods of studying such problems and reaching their solution. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Download or read book Economics of Electrical Distribution written by Paul O. Reyneau and published by . This book was released on 1922 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Economics of Electric Distribution written by Edward Falck and published by . This book was released on 1936 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Electricity Distribution Networks in the Decentralisation Era written by Rahmatallah Poudineh and published by Springer Nature. This book was released on 2022-04-11 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the changing economics, regulations, and operations of electricity distribution networks. It highlights the central challenges and opportunities caused by the rise of decentralisation paradigm in the power system within this segment of the electricity supply chain. As decarbonisation objectives continue to transform the power sector, the distribution system experiences an increased penetration of energy and flexibility resources that come from a variety of sizes, technologies, and capabilities. This makes traditional approaches to economic, regulation and operation of electricity distribution networks obsolete. This book aims to provide insights into the ways which decarbonisation, decentralisation and digitalisation trends in the electricity sector will eventually shape future of distribution grids. It will be relevant to students, researchers, and policymakers interested in energy economics, the political economy of energy, and the electricity sector.

Download or read book America s Energy Future written by National Research Council and published by National Academies Press. This book was released on 2010-01-15 with total page 736 pages. Available in PDF, EPUB and Kindle. Book excerpt: For multi-user PDF licensing, please contact customer service. Energy touches our lives in countless ways and its costs are felt when we fill up at the gas pump, pay our home heating bills, and keep businesses both large and small running. There are long-term costs as well: to the environment, as natural resources are depleted and pollution contributes to global climate change, and to national security and independence, as many of the world's current energy sources are increasingly concentrated in geopolitically unstable regions. The country's challenge is to develop an energy portfolio that addresses these concerns while still providing sufficient, affordable energy reserves for the nation. The United States has enormous resources to put behind solutions to this energy challenge; the dilemma is to identify which solutions are the right ones. Before deciding which energy technologies to develop, and on what timeline, we need to understand them better. America's Energy Future analyzes the potential of a wide range of technologies for generation, distribution, and conservation of energy. This book considers technologies to increase energy efficiency, coal-fired power generation, nuclear power, renewable energy, oil and natural gas, and alternative transportation fuels. It offers a detailed assessment of the associated impacts and projected costs of implementing each technology and categorizes them into three time frames for implementation.

Download or read book Electric Distribution Network Management and Control written by Ali Arefi and published by Springer. This book was released on 2018-04-04 with total page 355 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book highlights the recent research advances in the area of operation, management and control of electricity distribution networks. It addresses various aspects of distribution network management, including operation, customer engagement and technology accommodation. Electricity distribution networks are an important part of the power delivery system, and the smart control and management of distribution networks is vital in order to satisfy technical, economic, and customer requirements. A new management philosophy, techniques, and methods are essential to handle uncertainties, security, and stability associated with the integration of renewable-based distributed generation units, demand forecast and customer needs. This book discusses these topics in the context of managing the capacity of distribution networks while addressing the future needs of electricity systems. Furthermore, the efficient and economic operation of distribution networks is an essential part of management of system for effective use of resources, and as such the also addresses operation and control approaches and techniques suitable for future distribution networks.

Download or read book Economics of Electrical Distribution Classic Reprint written by P. O. Reyneau and published by Forgotten Books. This book was released on 2017-11-28 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Economics of Electrical Distribution Electrical Engineering is more than the application Of the principles Of electricity to the design, construction and operation Of a machine, a power plant or a distribution system to the end that it fulfills satisfactorily its intended purpose. It is highly desirable that efficiency be also accomplished. Further than this, it should be the aim of all engineers to develop efficiency in its broader sense, that is, by the realization of maximum economy in both design, construction and operation. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Download or read book The Economics of Electricity Markets written by Darryl R. Biggar and published by John Wiley & Sons. This book was released on 2014-07-10 with total page 493 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bridges the knowledge gap between engineering and economics in a complex and evolving deregulated electricity industry, enabling readers to understand, operate, plan and design a modern power system With an accessible and progressive style written in straight-forward language, this book covers everything an engineer or economist needs to know to understand, operate within, plan and design an effective liberalized electricity industry, thus serving as both a useful teaching text and a valuable reference. The book focuses on principles and theory which are independent of any one market design. It outlines where the theory is not implemented in practice, perhaps due to other over-riding concerns. The book covers the basic modelling of electricity markets, including the impact of uncertainty (an integral part of generation investment decisions and transmission cost-benefit analysis). It draws out the parallels to the Nordpool market (an important point of reference for Europe). Written from the perspective of the policy-maker, the first part provides the introductory background knowledge required. This includes an understanding of basic economics concepts such as supply and demand, monopoly, market power and marginal cost. The second part of the book asks how a set of generation, load, and transmission resources should be efficiently operated, and the third part focuses on the generation investment decision. Part 4 addresses the question of the management of risk and Part 5 discusses the question of market power. Any power system must be operated at all times in a manner which can accommodate the next potential contingency. This demands responses by generators and loads on a very short timeframe. Part 6 of the book addresses the question of dispatch in the very short run, introducing the distinction between preventive and corrective actions and why preventive actions are sometimes required. The seventh part deals with pricing issues that arise under a regionally-priced market, such as the Australian NEM. This section introduces the notion of regions and interconnectors and how to formulate constraints for the correct pricing outcomes (the issue of "constraint orientation"). Part 8 addresses the fundamental and difficult issue of efficient transmission investment, and finally Part 9 covers issues that arise in the retail market. Bridges the gap between engineering and economics in electricity, covering both the economics and engineering knowledge needed to accurately understand, plan and develop the electricity market Comprehensive coverage of all the key topics in the economics of electricity markets Covers the latest research and policy issues as well as description of the fundamental concepts and principles that can be applied across all markets globally Numerous worked examples and end-of-chapter problems Companion website holding solutions to problems set out in the book, also the relevant simulation (GAMS) codes

Download or read book Economic Market Design and Planning for Electric Power Systems written by James A. Momoh and published by John Wiley & Sons. This book was released on 2009-11-19 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discover cutting-edge developments in electric power systems Stemming from cutting-edge research and education activities in the field of electric power systems, this book brings together the knowledge of a panel of experts in economics, the social sciences, and electric power systems. In ten concise and comprehensible chapters, the book provides unprecedented coverage of the operation, control, planning, and design of electric power systems. It also discusses: A framework for interdisciplinary research and education Modeling electricity markets Alternative economic criteria and proactive planning for transmission investment in deregulated power systems Payment cost minimization with demand bids and partial capacity cost compensations for day-ahead electricity auctions Dynamic oligopolistic competition in an electric power network and impacts of infrastructure disruptions Reliability in monopolies and duopolies Building an efficient, reliable, and sustainable power system Risk-based power system planning integrating social and economic direct and indirect costs Models for transmission expansion planning based on reconfiguration capacitor switching Next-generation optimization for electric power systems Most chapters end with a bibliography, closing remarks, conclusions, or future work. Economic Market Design and Planning for Electric Power Systems is an indispensable reference for policy-makers, executives and engineers of electric utilities, university faculty members, and graduate students and researchers in control theory, electric power systems, economics, and the social sciences.

Download or read book Economics of Design and Operation of Overhead Electric Distribution Systems written by Carl Clarence Cox and published by . This book was released on 1928 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Economics of Rural Distribution of Electric Power written by Lee E. Hildebrand and published by . This book was released on 1913 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Handbook of Distributed Generation written by Ramesh Bansal and published by Springer. This book was released on 2017-03-07 with total page 813 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book features extensive coverage of all Distributed Energy Generation technologies, highlighting the technical, environmental and economic aspects of distributed resource integration, such as line loss reduction, protection, control, storage, power electronics, reliability improvement, and voltage profile optimization. It explains how electric power system planners, developers, operators, designers, regulators and policy makers can derive many benefits with increased penetration of distributed generation units into smart distribution networks. It further demonstrates how to best realize these benefits via skillful integration of distributed energy sources, based upon an understanding of the characteristics of loads and network configuration.

Download or read book Power It Up written by Mr.Gabriel Di Bella and published by International Monetary Fund. This book was released on 2016-04-12 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Poor performance of the electricity sector remains a drag to economic efficiency and a bottleneck to economic activity in many low-income countries. This paper proposes a number of models that account for different equilibria (some better, some worse) of the electricity sector. They show how policy choices (affecting insolvency prospects or related to rules for electricity dispatching or tariff setting), stochastic generation costs, and initial conditions, affect investment in generation and electricity supply. They also show how credible (non-credible) promises of stronger enforcement to reduce theft result in larger (smaller) electricity supply, lower (higher) government subsidies, and lower (higher) tariffs and distribution losses, which in turn affect economic activity. To illustrate these findings, the paper reviews the experience of Haiti, a country stuck in a bad equilibrium of insufficient supply, high prices, and electricity theft; and that of Nicaragua, which is gradually transitioning to a better equilibrium of the electricity sector.

Download or read book The Case for International Coordination of Electricity Regulation written by Antonio Estache and published by World Bank Publications. This book was released on 2002 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: A decade long experience shows that monitoring the performance of public and private monopolies in South America is proving to be the hard part of the reform process. The operators who control most of the information needed for regulatory purposes have little interest in volunteering their dissemination unless they have an incentive to do so. Estache, Rossi, and Ruzzier argue that, in spite of, and maybe because of, a much weaker information base and governance structure, South America's electricity sector could pursue an approach that relies on performance rankings based on comparative efficiency measures. The authors show that with the rather modest data currently available publicly, such an approach could yield useful results. They provide estimates of efficiency levels in South America's main distribution companies between 1994 and 2000. Moreover, the authors show how relatively simple tests can be used by regulators to check the robustness of their results and strengthen their position at regulatory hearings. This paper"a joint product of the Governance, Regulation, and Finance Division, World Bank Institute, and the Finance, Private Sector, and Infrastructure Unit, Latin America and the Caribbean Region"is part of a larger effort in the institute to increase understanding of infrastructure regulation.

Download or read book Electric Power and Energy Distribution Systems written by Subrahmanyam S. Venkata and published by John Wiley & Sons. This book was released on 2022-09-23 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: Electric Power and Energy Distribution Systems Provides a comprehensive introduction to today’s electric power distribution systems, perfect for advanced students and industry professionals Due to growth of renewable resources and advances in information technology, electric power distribution systems have undergone significant changes over the past fifteen years. The expansion of technologies such as consumer rooftop solar panels, electric vehicles, smart energy storage, and automated metering infrastructure make planning and operating power distribution systems challenging. Integration of advanced technologies at the distribution level is critical for realizing higher efficiency, reliability, resiliency, and flexibility. Electric Power and Energy Distribution Systems: Models, Methods, and Applications provides comprehensive coverage of the key aspects of conventional and emerging distribution systems, including modeling, methodologies, analysis, planning, economics, distribution automation, reliability, grounding, protection, power quality, and distributed energy resources. Written by experts with decades of experience in academia and industry, this textbook integrates theory and practice to present a well-balanced treatment of topics relevant to modern electric power distribution systems. Detailed chapters address modeling of distribution system components, load characteristics and optimal selection of devices, microgrids and other types of energy resources, the challenges associated with the planning and operation of distribution systems, and more. Covers a wide range of both legacy and contemporary issues supported by rigorous analysis and practical insights Provides in-depth examination of outage management, voltage control, system restoration, and other operational functions Features real-world case studies of distribution automation functions in urban and rural power systems Discusses technologies for distributed energy resources (DER) with a focus on wind, solar, and battery storage Describes fundamental economics in the context of power distribution systems, such as the impact of tariffs on selling electricity to consumers of different types Explains the architecture of distribution system protection, including fuses, reclosers, overcurrent relays, and grounding practices The ideal textbook for advanced undergraduate and first-year graduate courses, Electric Power and Energy Distribution Systems: Models, Methods, and Applications is also an excellent reference for professionals with limited prior knowledge about distribution systems.

Download or read book Regulating Power The Economics of Electrictiy in the Information Age written by Carl Pechman and published by Springer. This book was released on 2012-10-23 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modem industrial society functions with the expectation that electricity will be available when required. By law, electric utilities have the obligation to provide electricity to customers in a "safe and adequate" manner. In exchange for this obligation, utilities are granted a monopoly right to provide electricity to customers within well-defmed service territories. However, utilities are not unfettered in their monopoly power; public utility commissions regulate the relationship between a utility and its customers and limit profits to a "fair rate of return on invested capital. " From its inception through the late 1970s, the electric utility industry's opera tional paradigm was to continue marketing electricity to customers and to build power plants to meet customer needs. This growth was facilitated by a U. S. energy policy predicated upon the assumption that sustained electric growth was causally linked to social welfare (Lovins, 1977). The electric utility industry is now in transition from a vertically integrated monopoly to a more competitive market. Of the three primary components (generation, transmission, and distribution) of the traditional vertically integrated monopoly, generation is leading this transformation. The desired outcome is a more efficient market for the provision of electric service, ultimately resulting in lower costs to customers. This book focuses on impediments to this transformation. In partiCUlar, it argues that information control is a form of market power that inhibits the evolution of the market. The analysis is presented within the context of the transformation of the U. S.