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Book The Future of Electricity Retailing and How We Get There

Download or read book The Future of Electricity Retailing and How We Get There written by Frank A. Wolak and published by Springer Nature. This book was released on 2021-09-28 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book covers the current trends and challenges faced by regulators, policymakers, and researchers in the field of retail electricity market design and regulation. It addresses the role that “smart” technologies are playing in reshaping how utilities and consumers interact with each other and with their generating technologies. The book covers topics including smart meter adoption, dynamic pricing, demand response, distributed and utility-scale solar, technology costs trends, and the microeconomic theory that governs our understanding of retailer and consumer incentives. Existing inefficiencies of transmission and distribution network pricing as well as the potential regulatory approaches that can be used to remedy them are discussed along with the advantages of retail competition and draw attention to the barriers that currently are preventing all of the benefits of retail competition from materializing. The book uses very recent data to provide the most up-to-date overview of retailing trends and policies in the USA, Europe, Asia, Oceania, and Latin America. The book will be useful for researchers and regulators and policymakers.

Book Future of Utilities   Utilities of the Future

Download or read book Future of Utilities Utilities of the Future written by Fereidoon Sioshansi and published by Academic Press. This book was released on 2016-03-15 with total page 494 pages. Available in PDF, EPUB and Kindle. Book excerpt: Future of Utilities - Utilities of the Future: How technological innovations in distributed generation will reshape the electric power sector relates the latest information on the electric power sector its rapid transformation, particularly on the distribution network and customer side. Trends like the rapid rise of self-generation and distributed generation, microgrids, demand response, the dissemination of electric vehicles and zero-net energy buildings that promise to turn many consumers into prosumers are discussed. The book brings together authors from industry and academic backgrounds to present their original, cutting-edge and thought-provoking ideas on the challenges currently faced by electric utilities around the globe, the opportunities they present, and what the future might hold for both traditional players and new entrants to the sector. The book's first part lays out the present scenario, with concepts such as an integrated grid, microgrids, self-generation, customer-centric service, and pricing, while the second part focuses on how innovation, policy, regulation, and pricing models may come together to form a new electrical sector, exploring the reconfiguring of the current institutions, new rates design in light of changes to retail electricity markets and energy efficiency, and the cost and benefits of integration of distributed or intermittent generation, including coupling local renewable energy generation with electric vehicle fleets. The final section projects the future function and role of existing electrical utilities and newcomers to this sector, looking at new pathways for business and pricing models, consumer relations, technology, and innovation. - Contains discussions that help readers understand the underlying causes and drivers of change in the electrical sector, and what these changes mean in financial, operational, and regulatory terms - Provides thought-provoking ideas on the challenges currently faced by electric utilities around the globe, the opportunities they present, and what the future might hold for both traditional players and new entrants to the sector - Helps readers anticipate what developments are likely to define the function and role of the utility of the future

Book The Future of Decentralized Electricity Distribution Networks

Download or read book The Future of Decentralized Electricity Distribution Networks written by Fereidoon Sioshansi and published by Elsevier. This book was released on 2023-05-23 with total page 528 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Future of Decentralized Electricity Distribution Networks assesses the evolution of the services delivered by the distribution network as demands placed on it proliferates from distributed, self-generating, power storing and power sharing 'consumers' – which Sioshansi terms 'prosumagers'. The work outlines the processes by which passive and homogeneous electricity consumers become prosumers and prosumagers, the nature of their service needs, and dependence on the services delivered by the distribution network diverges. Contributors assess how consumers are discovering and exercising options to migrate away from total reliance on upstream generators to produce electricity and on the delivery network for its transmission. As they do so, the "utilities" – be they distributors or retailers – must rethink the traditional utility business model. How will they find sufficient revenues to cover their fixed and variable costs as volumetric consumption declines when some consumers become prosumers – or go a step further and become prosumagers? This work argues that new service, business models and new methods for collecting sufficient revenues to maintain the network are mandatory for the survival of modern utilities. - Examines the future of services demanded by electricity customers as some diverge from their traditional total reliance on the network for delivery of all their service needs - Reviews the emergence of new business models to meet the diverging needs of customers - Explores the costs imposed by new types of customers on the delivery network and how to collect sufficient revenues from all to maintain it in ways that are efficient, equitable and fair

Book Handbook on Electricity Markets

Download or read book Handbook on Electricity Markets written by Glachant, Jean-Michel and published by Edward Elgar Publishing. This book was released on 2021-11-12 with total page 672 pages. Available in PDF, EPUB and Kindle. Book excerpt: With twenty-two chapters written by leading international experts, this volume represents the most detailed and comprehensive Handbook on electricity markets ever published.

Book Electric Choices

Download or read book Electric Choices written by Andrew N. Kleit and published by Rowman & Littlefield Publishers. This book was released on 2007 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: The electricity industry, one of the largest and most vital sectors of the U.S. economy, has changed dramatically in recent years. After being heavily regulated for more than a century by authorities at all levels, deregulation is taking center stage, allowing for enormous efficiency gains. Electric Choices explores the difficult questions surrounding deregulation and urges Americans to continue the transition to a market-based model.

Book Economics of Electricity

Download or read book Economics of Electricity written by Anna Cretì and published by Cambridge University Press. This book was released on 2019-05-30 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explains the economics of electricity at each step of the supply chain: production, transportation and distribution, and retail.

Book The Energy Switch

Download or read book The Energy Switch written by Peter Kelly-Detwiler and published by Rowman & Littlefield. This book was released on 2021-06-15 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: The energy industry is changing, and it’s far more than just solar panels. Electric vehicles look to overtake gasoline-powered cars within our lifetimes, wind farms are popping up in unlikely places, traders are transforming energy into a commodity, and supercomputers are crunching vast amounts of data in nanoseconds while helping to keep our energy grids secure from hackers. The way humans produce, distribute and consume power will be cleaner, cheaper, and infinitely more complex within the next decade. In The Energy Switch, leading energy industry expert Peter Kelly-Detwilerlooks at all aspects of the transformation: how we got here, where we are going, and the implications for all of us in our daily lives. Kelly-Detwiler takes readers to the frontlines of the energy revolution. Meet Steve Collins, an executive from Commercial Development Corporation, the company that blew up two $570-million-dollar concrete cooling towers to create a staging ground for the new $70 billion U.S. offshore wind industry; Rob Threlkeld, a General Motors executive who convinced the auto giant to sign multiple 20-year renewable energy contracts worth hundreds of millions; Kevin McAlpin, a Texas homeowner who buys the power for his home on the electricity spot market – where prices can soar from less than one cent a kilowatthour to $9.00 over the course of a single day; Dr. Kristin Persson, who oversees a supercomputer that can process data at 30 quadrillion calculations per second, in the quest for better renewable energy and battery technologies; and John Davis, a Texas rancher who can keep his land intact, with help from the royalty payments from seven turbines spinning on his range. Energy creation and distribution has driven society’s progress for centuries. Today, people are increasingly aware that it is imperative that humans move towards a cleaner, digitized, and democratized energy economy. The Energy Switch is about that multi-trillion dollar transformation, told from the perspective of those leading us to that bright future.

Book The Federal Energy Regulatory Commission s Proposed Rules Affecting the Electricity Industry

Download or read book The Federal Energy Regulatory Commission s Proposed Rules Affecting the Electricity Industry written by United States. Congress. House. Committee on Commerce. Subcommittee on Energy and Power and published by . This book was released on 1996 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Electricity Regulation

Download or read book Electricity Regulation written by United States. Congress. House. Committee on Commerce. Subcommittee on Energy and Power and published by . This book was released on 1996 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Electricity Competition

    Book Details:
  • Author : United States. Congress. House. Committee on Commerce. Subcommittee on Energy and Power
  • Publisher :
  • Release : 1999
  • ISBN :
  • Pages : 516 pages

Download or read book Electricity Competition written by United States. Congress. House. Committee on Commerce. Subcommittee on Energy and Power and published by . This book was released on 1999 with total page 516 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Electricity Emergency Act of 2001

Download or read book The Electricity Emergency Act of 2001 written by United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Energy and Air Quality and published by . This book was released on 2001 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Power Surge

Download or read book The Power Surge written by Michael Levi and published by Oxford University Press. This book was released on 2014-10 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: Looks at the clash between gas/oil proponents and supports of alternative energies and offers a plan for the future that combines the best of both worlds.

Book A Question of Power

Download or read book A Question of Power written by Robert Bryce and published by PublicAffairs. This book was released on 2020-03-10 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: An acclaimed author and celebrated journalist breaks down the history of electricity and the impact of global energy use on the world and the environment.​ Global demand for power is doubling every two decades, but electricity remains one of the most difficult forms of energy to supply and do so reliably. Today, some three billion people live in places where per-capita electricity use is less than what's used by an average American refrigerator. How we close the colossal gap between the electricity rich and the electricity poor will determine our success in addressing issues like women's rights, inequality, and climate change. In A Question of Power, veteran journalist Robert Bryce tells the human story of electricity, the world's most important form of energy. Through onsite reporting from India, Iceland, Lebanon, Puerto Rico, New York, and Colorado, he shows how our cities, our money--our very lives--depend on reliable flows of electricity. He highlights the factors needed for successful electrification and explains why so many people are still stuck in the dark. With vivid writing and incisive analysis, he powerfully debunks the notion that our energy needs can be met solely with renewables and demonstrates why--if we are serious about addressing climate change--nuclear energy must play a much bigger role. Electricity has fueled a new epoch in the history of civilization. A Question of Power explains how that happened and what it means for our future.

Book Price Shock

    Book Details:
  • Author : Tony Wood
  • Publisher :
  • Release : 2017-03-13
  • ISBN : 9780987612113
  • Pages : 40 pages

Download or read book Price Shock written by Tony Wood and published by . This book was released on 2017-03-13 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Competition in electricity retailing hasn't delivered what was promised: lower prices for consumers. The failure is worst in Victoria, the state with the most retailers and the longest and the longest experience of deregulation. Profit margins appear to be higher than in other retail sectors - and more than double the margin that regulators considered fair when they set retail electricity prices. Victorians would save about $250 million a year if the profit margin of electricity retailers fell to match that of other retail businesses. The price problem goes beyond Victoria. Across Melbourne, Sydney, Brisbane and Adelaide, consumers are paying nearly twice as much as they were a decade ago. Electricity bills are the number one cost concern for Australian households. High gas prices, the shutdown of older coal-fired generators and the shift to renewables are increasing bills everywhere. But the price rise should be less in Victoria because there has not been major investments in poles and wires, unlike NSW and Queensland. Lower price deals are available, but most consumers find the market so complicated that they have given up trying to find them. Thus, many Australians, including some of the most vulnerable, are paying more than they need to. The way retailers advertise their discounts is confusing and possibly misleading. And even consumers who take advantage of discounts can end up paying much higher prices when their contract expires. Electricity is an essential service without substitutes, so many consumers feel stuck and simply give up. Nor has competition yet delivered the promised innovation in customer service. Most offers provide a discount for people who switch their retailer, pay their bills on time, or pay via direct debit; but there has been little real innovation around the service itself. Retailers have been slow to build offers based on the the benefits available through smart meters, or the bundling of solar-power and battery-storage. Instead they have super-charged their marketing costs for a commodity product that almost every consumer was going to buy anyway. Competition has delivered lower costs in the wholesale/generation sector where the purchased are specialised. In contrast, the benefits of retail competition in electricity may just be less than the costs. But it is too early to give up on competition altogether. The experience in other countries, particularly the UK, shows that reregulating prices can cause problems of it own. Retailers say that major innovation is just around the corner, and governments should not look after 'lazy' customers. Nonetheless, governments should require retailers to tell customers precisely how much they will pay under 'discount' deals, and to advertise in ways that make prices easier to compare. They should require retailers to tell customers when their contract is about to expire and how much extra they will pay if they take no action. They should encourage retailers to provide detailed data on their profit margins to an independent body, and threaten to mandate disclosure if they don't. The results of these and other actions recommended in this report should be monitored against the realistic expectations of competition. The industry is on notice. We may yet see fairer prices. We may yet see real innovation. But if not, governments will have no choice but to return to price regulation."--Page 3.

Book Energy and Civilization

Download or read book Energy and Civilization written by Vaclav Smil and published by MIT Press. This book was released on 2018-11-13 with total page 564 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive account of how energy has shaped society throughout history, from pre-agricultural foraging societies through today's fossil fuel–driven civilization. "I wait for new Smil books the way some people wait for the next 'Star Wars' movie. In his latest book, Energy and Civilization: A History, he goes deep and broad to explain how innovations in humans' ability to turn energy into heat, light, and motion have been a driving force behind our cultural and economic progress over the past 10,000 years. —Bill Gates, Gates Notes, Best Books of the Year Energy is the only universal currency; it is necessary for getting anything done. The conversion of energy on Earth ranges from terra-forming forces of plate tectonics to cumulative erosive effects of raindrops. Life on Earth depends on the photosynthetic conversion of solar energy into plant biomass. Humans have come to rely on many more energy flows—ranging from fossil fuels to photovoltaic generation of electricity—for their civilized existence. In this monumental history, Vaclav Smil provides a comprehensive account of how energy has shaped society, from pre-agricultural foraging societies through today's fossil fuel–driven civilization. Humans are the only species that can systematically harness energies outside their bodies, using the power of their intellect and an enormous variety of artifacts—from the simplest tools to internal combustion engines and nuclear reactors. The epochal transition to fossil fuels affected everything: agriculture, industry, transportation, weapons, communication, economics, urbanization, quality of life, politics, and the environment. Smil describes humanity's energy eras in panoramic and interdisciplinary fashion, offering readers a magisterial overview. This book is an extensively updated and expanded version of Smil's Energy in World History (1994). Smil has incorporated an enormous amount of new material, reflecting the dramatic developments in energy studies over the last two decades and his own research over that time.

Book Lights Out

    Book Details:
  • Author : Jason Makansi
  • Publisher : John Wiley & Sons
  • Release : 2007-08-24
  • ISBN : 0470174307
  • Pages : 322 pages

Download or read book Lights Out written by Jason Makansi and published by John Wiley & Sons. This book was released on 2007-08-24 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: A behind-the-scenes exposure why our electricity system is headed for a state of emergency-and what can be done to head it off Most people don't realize that skyrocketing global energy demand and economic growth severely affect the supply of electricity. Between production (power plants) and delivery is an antiquated, "third-world" transmission grid that is in desperate need of hardening against breakdowns, terrorist attacks, inadequate carrying capacity, and operational obsolescence. And while electricity doesn't hold the headlines or dramatic power of oil, the ability to ensure its uninterrupted supply at a reasonable price is even more essential to global survival and prosperity. Lights Out is today's most detailed, in-depth examination of this largely unreported looming energy crisis. Written by one of the world's top electricity industry experts, this powerful book covers numerous hot button economic and political issues-free markets versus regulation; energy independence versus foreign imports; nuclear power, global warming, and other environmental issues; and much more. Beyond just uncovering and illuminating the problems, however, it proposes a comprehensive road map of technical solutions and regulatory reform from both the production and demand sides of the equation-a framework for rethinking, rebuilding, and enhancing the entire electricity production and delivery infrastructure. Prescriptive and provocative, Lights Out will redefine the simmering debate on how the world can-and must-act now to head off a global catastrophe, one that could eventually wreak even more havoc than the ongoing oil crisis. Jason Makansi is the President of Pearl Street, Inc., a consulting firm; Principal of PS Liquidity Advisors, an advisory service for energy technology companies raising capital; and Executive Director of the Energy Storage Council, a public-policy advocacy organization. A prolific author, respected industry thought leader, and seasoned communicator, Mr. Makansi has been analyzing the technological, business, and regulatory issues in electricity production and delivery for over twenty-five years. He earned a BS in chemical engineering from Columbia University. His earlier books include An Investor’s Guide to the Electricity Economy, also published by John Wiley & Sons, and Managing Steam: An Engineering Guide to Commercial, Industrial, and Utility Systems.

Book Retail Electricity Pricing

Download or read book Retail Electricity Pricing written by Arthur Young (Firm : N.Z.) and published by . This book was released on 1989 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: