Download or read book Transport Pricing of Electricity Networks written by François Lévêque and published by Springer Science & Business Media. This book was released on 2013-06-29 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transport Pricing of Electricity Networks aims at providing a methodological and practical transmission tariff guide, to those who are involved in the electricity business as managers, engineers, lawyers, economists, regulators or policy-makers, but are not specialists in electricity transport, nor in tariff-setting for public utilities. It offers a synthesis of the recent economic research on the subject. The volume is divided into three major parts, each presenting a general aspect of transmission pricing: its legal and accounting background, its basic theory, and its implementation, successively. How much does it cost to transmit electricity from a nuclear plant close to Lyon in France, to a car manufacturer located in Stuttgart in Germany? What price should a system operator in Canada charge a pulp and paper mill that uses the high-voltage grid for only a few weeks per year? Where in California is it more profitable to reinforce or build a new transmission line? What is the best place to locate a power gas station in England, in order to pay the lowest transmission cost? Such questions are novel and crucial for American and European liberalised electricity markets. Transport Pricing of Electricity Networks shows how the economics toolbox can be used to answer them.
Download or read book Electricity Transmission Pricing and Technology written by Michael A. Einhorn and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: The electric utility industry and its stakeholders in the. United States appear to be at a critical juncture in time. Powerful forces of global proportions are propelling the industry instinctively and in a secular fashion towards restructuring. That the industry will change is a fait accomplii. The nature and timing of the change is still a matter of intense debate, however. Because of the evolution of the industry into its present-day form, i.e. regulated local monopolies in their designated franchise service territories, the relative roles and expectations of various institutions would have to change to conform to the new state in the future. In either encouraging, or allowing this change to happen, society is essentially saying that future societal welfare would be better served by the changed structure contemplated. What that assumption translates into in more direct terms is that creation of future wealth would be better accomplished through redistribution of wealth today. Thoughtful individuals recognize the enormous responsibility placed upon the various entities empowered with jurisdiction over the timing and nature of the structural change. They are trying hard to bring analytical rigor to bear on the debate. One very critical element of this debate on restructuring is the issue of the treatment of transmission. The issue has been variously labeled transmission access, or pricing. Volumes have been written and spoken on this topic.
Download or read book Electricity Transmission Pricing and Technology written by A.F. Kalverboer and published by Springer Science & Business Media. This book was released on 2013-11-11 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: The electric utility industry and its stakeholders in the.United States appear to be at a critical juncture in time. Powerful forces of global proportions are propelling the industry instinctively and in a secular fashion towards restructuring. That the industry will change is a fait accomplii. The nature and timing of the change is still a matter of intense debate, however. Because of the evolution of the industry into its present-day form, i.e. regulated local monopolies in their designated franchise service territories, the relative roles and expectations of various institutions would have to change to conform to the new state in the future. In either encouraging, or allowing this change to happen, society is essentially saying that future societal welfare would be better served by the changed structure contemplated. What that assumption translates into in more direct terms is that creation of future wealth would be better accomplished through redistribution of wealth today. Thoughtful individuals recognize the enormous responsibility placed upon the various entities empowered with jurisdiction over the timing and nature of the structural change. They are trying hard to bring analytical rigor to bear on the debate. One very critical element of this debate on restructuring is the issue of the treatment of transmission. The issue has been variously labeled transmission access, or pricing. Volumes have been written and spoken on this topic.
Download or read book Public Utility Rates written by Harry Barker and published by . This book was released on 1917 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Spot Pricing of Electricity written by Fred C. Schweppe and published by Springer Science & Business Media. This book was released on 2013-03-07 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is a need for fundamental changes in the ways society views electric energy. Electric energy must be treated as a commodity which can be bought, sold, and traded, taking into account its time-and space-varying values and costs. This book presents a complete framework for the establishment of such an energy marketplace. The framework is based on the use of spot prices. In general terms: o An hourly spot price (in dollars per kilowatt hour) reflects the operating and capital costs of generating, transmitting and distributing electric energy. It varies each hour and from place to place. o The spot price based energy marketplace involves a variety of utility-customer transactions (ranging from hourly varying prices to long-term, multiple-year contracts), all of which are based in a consistent manner on hourly spot prices. These transactions may include customers selling to, as well as buying from, the utility. The basic theory and practical implementation issues associated with a spot price based energy marketplace have been developed and discussed through a number of different reports, theses, and papers. Each addresses only a part of the total picture, and often with a somewhat different notation and terminology (which has evolved in parallel with our growing experience). This book was xvii xviii Preface written to serve as a single, integrated sourcebook on the theory and imple mentation of a spot price based energy marketplace.
Download or read book Pricing in Competitive Electricity Markets written by Ahmad Faruqui and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 463 pages. Available in PDF, EPUB and Kindle. Book excerpt: Electricity markets are being deregulated or face new regulatory frameworks. In such changing markets, new pricing strategies will need to consider such factors as cost, value of service and pricing by objective. Pricing in Competitive Electricity Markets introduces a new family of pricing concepts, methodologies, models, tools and databases focused on market-based pricing. This book reviews important theoretical pricing issues as well as practical pricing applications for changing electricity markets.
Download or read book Transmission Consideration based Electricity Rates Using Optimal Power Flows written by Maxwell Muchayi and published by . This book was released on 1999 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Electricity rate structures has been an area of intense research, undergoing dramatic changes as new and expanded service options are added. Real-time pricing of electricity is one of the options that maximize the economic efficiency of the power system. Under real-time pricing, the electricity prices to the customer follow as closely as technically practical, the real cost of electricity at the time that it is produced and supplied. One thing which is overlooked at times in determining a rate policy in power supply, is the fact that the cost difference in delivering a kilowatt-hour in the same territory is not just because of the cost of generating electricity. The cost difference, primarily lies in transmitting power from its origin to the place of demand. The objective of this work, is specifically to address the incorporation of transmission costs in addition to fuel costs using an Optimal Power Flow (OPF) algorithm in establishing electricity rate structures using real-time pricing under a regulated/deregulated (wheeling) environment. The cost of transmission and the methodology by which it is computed, is therefore, a high priority problem in this thesis. The transmission costs are determined by assigning the same trial price k to every unit of real and reactive power flows respectively in the network. The hourly real-time pricing is the base for the proposed algorithm and the analysis is over a time period of twenty-four hours. Unlike the algorithms which use DC models which capture only the real power rates, a particular feature of the proposed algorithm is that it captures both wheeling or non-wheeling rates of real and reactive power. The algorithm is implemented on standard IEEE test systems varying in size from a 5-bus system to a 57-bus system.
Download or read book Hidden Costs of Energy written by National Research Council and published by National Academies Press. This book was released on 2010-05-26 with total page 506 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite the many benefits of energy, most of which are reflected in energy market prices, the production, distribution, and use of energy causes negative effects. Many of these negative effects are not reflected in energy market prices. When market failures like this occur, there may be a case for government interventions in the form of regulations, taxes, fees, tradable permits, or other instruments that will motivate recognition of these external or hidden costs. The Hidden Costs of Energy defines and evaluates key external costs and benefits that are associated with the production, distribution, and use of energy, but are not reflected in market prices. The damage estimates presented are substantial and reflect damages from air pollution associated with electricity generation, motor vehicle transportation, and heat generation. The book also considers other effects not quantified in dollar amounts, such as damages from climate change, effects of some air pollutants such as mercury, and risks to national security. While not a comprehensive guide to policy, this analysis indicates that major initiatives to further reduce other emissions, improve energy efficiency, or shift to a cleaner electricity generating mix could substantially reduce the damages of external effects. A first step in minimizing the adverse consequences of new energy technologies is to better understand these external effects and damages. The Hidden Costs of Energy will therefore be a vital informational tool for government policy makers, scientists, and economists in even the earliest stages of research and development on energy technologies.
Download or read book Transmission Pricing and Stranded Costs in the Electric Power Industry written by William J. Baumol and published by American Enterprise Institute Press. This book was released on 1995 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Stranded costs are those costs that electric utilities currently permitted to recover through their rates but whose recovery may be impeded or prevented by the advent of competition in the industry. Estimates of those costs run from the tens to the hundreds of billions of dollars. Should regulators permit utilities to recover stranded costs while they take steps to promote competition in the electric power industry? William J. Baumol and J. Gregory Sidak argue that on both efficiency and equity grounds the answer to that question should be yes. The authors show that a transmission price, the price for sending electricity over the transmission grid, can be determined in a manner that is compatible with economic efficiency and clearly neutral in its effects upon all competitors in electricity generation. A correctly constructed regime of transmission pricing may in fact achieve the efficiency and equity goals that justify the recovery of stranded costs.
Download or read book Cross border Oil and Gas Pipelines and the Role of the Transit Country written by E. Omonbude and published by Springer. This book was released on 2016-01-12 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: With frequent discoveries of energy resources in remote and undeveloped areas, the importance of transnational oil and gas pipelines is set to grow ever more prominent. This study dissects the diplomacy and bargaining power of the transit country and the shifting economic relations involved in cross-border energy transportation.
Download or read book A Shock to the System written by Timothy J. Brennan and published by Routledge. This book was released on 2014-04-04 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Shock to the System is a guide to the decisions that will be faced by electricity providers, customers, and policymakers. Produced by a team of analysts at Resources for the Future, this concise and balanced work provides background necessary to understand the increasing role of competition in electricity markets. The authors introduce important concepts and terminology, and offer the history of public policy regarding electricity. They identify the significant proposals for implementing competition, and examine the potential consequences for regulation, industry structure, cost recovery, and the environment.
Download or read book Hydrogen Storage for Sustainability written by Marcel Van de Voorde and published by Walter de Gruyter GmbH & Co KG. This book was released on 2021-09-07 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: Carbon neutral hydrogen technologies play a role in preventing climate change and the capacity to store and transport hydrogen will be critical in the growing hydrogen economy. This book focuses on new developments of hydrogen storage technologies and deals with an overview of the materials and science necessary for storing hydrogen with great attention to the synthesis, kinetics, and thermodynamics of new advanced materials e.a. porous carbon and nanomaterials. Ideal book for students of materials science, chemistry, physics; for researchers, chemical- and mechanical engineers, for industrialists, policymakers, safety agencies and governments.
Download or read book Electricity Transmission Access written by United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Energy and Power and published by . This book was released on 1989 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Understanding Your Utility Bill written by United States. Federal Energy Administration and published by . This book was released on 1975 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Electricity Transmission written by Matthew H. Brown and published by National Council of Teachers of English. This book was released on 2004 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Electrical News Generation Transmission and Application of Electricity written by and published by . This book was released on 1924 with total page 1770 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Transport Pricing in the Electricity Industry written by Jean-Jacques Laffont and published by . This book was released on 2003 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Efficiency in the management of electricity transmission networks is essential for the success of the liberalized energy markets. The paper is dedicated to the short-run management problems of these natural monopolies. It analyses how to organize and price access to and use of the transport network. After presenting the technical and institutional features of the electricity industry, the paper develops the normative approach of first-best and second-best pricing by means of nodal prices. Then the exercise of market power at some nodes and its consequences for the transport system operator are examined. The remaining part is more policy oriented, describing and analysing the practical solutions implemented in the European Union for energy transport pricing. The paper concludes with some remarks about the enforcement of antitrust rules in electricity transport.
