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Books > Business & Economics > Industry & industrial studies > Energy industries & utilities > Electrical power industries
The integration of renewable energy resources into the electricity grid presents an important challenge. This book provides a review and analysis of the technical and policy options available for managing variable energy resources such as wind and solar power. As well as being of value to government and industry policy-makers and planners, the volume also provides a single source for scientists and engineers of the technical knowledge gained during the 4-year RenewElec (renewable electricity) project at Carnegie Mellon University, the University of Vermont, Vermont Law School, and the Van Ness Feldman environmental law firm. The first part of the book discusses the options for large scale integration of variable electric power generation, including issues of predictability, variability, and efficiency. The second part presents the scientific findings of the project. In the final part, the authors undertake a critical review of major quantitative regional and national wind integration studies in the United States. Based on comparisons among these studies, they suggest areas where improvements in methods are warranted in future studies, areas where additional research is needed to facilitate future improvements in wind integration studies and how the research can be put into practice.
In 1896 a young Italian arrived in England with some mysterious scientific apparatus as part of his personal luggage. The Customs officials, who had seen nothing like it before, examined it so thoroughly that the delicate apparatus was completely wrecked. This was the inauspicious beginning of a venture that was destined to remould the pattern of twentieth century living. The book begins with a brief resume of early scientific discoveries up to 1896 and goes on to record the fortunes of the Marconi company. In the course of the book the author covers in detail the story of radio communications from the first wireless signals across the Atlantic to the transmission of colour television programmes via satellite. The narrative includes the development of electronic devices during two world wars and the histories of such specialist fields as sound broadcasting, television, aviation electronics and radar. The technical stories are told against the backcloth of a Company's successes and setbacks and commercial "wars". A lively reading, which can be readily understood by the lay reader. For the technical man, circuit diagrams of early apparatus give added interest. The text is generously illustrated with photographs from the Marconi archives.
Understand the electricity market, its policies and how they drive prices, emissions, and security, with this comprehensive cross-disciplinary book. Author Chris Harris includes technical and quantitative arguments so you can confidently construct pricing models based on the various fluctuations that occur. Whether you?re a trader or an analyst, this book will enable you to make informed decisions about this volatile industry.
Innovation is key to achieving a sustainable electricity system. New technologies and organizational changes can bring about more sustainable, climate-friendly electricity structures. Yet the dynamics of innovation are complex, and difficult to shape. This book, written by experts in the field, sets out to explore the dynamics, the drivers and the setting of innovation processes. Case studies on micro cogeneration, carbon capture and storage, consumer feedback, network regulation and emissions trading provide insights into innovation dynamics in the electricity system and are analyzed to derive strategic implications for innovation policies. A special focus is placed on drivers and barriers of change, and their consequences for shaping the innovation process. This book is an indispensable source of information for researchers and decision makers in energy and climate change as well as for lecturers and students interested in the principles and ramifications of electricity innovation dynamics.
The first book to look at how energy companies can develop brands as they move to more sustainable energy solutions. The world is facing climate crisis, and never before has the world been looking at the energy industry to solve the delivery of power in ways that do not damage the planet. Includes insights from energy business leaders and is therefore more than an academic thesis, but a practical guide to resolving these branding and sustainability challenges.
Electricity is a quirky commodity: more often than not, it cannot be stored, easily transported, or imported from overseas. Before lighting up our homes, it changes hands through specialized electricity markets that rely on engineering expertise to trade competitively while respecting the physical requirements of the electric grid. The Current Economy is an ethnography of electricity markets in the United States that shows the heterogenous and technologically inflected nature of economic expertise today. Based on ethnographic fieldwork among market data analysts, electric grid engineers, and citizen activists, this book provides a deep dive into the convoluted economy of electricity and its reverberations throughout daily life. Canay OEzden-Schilling argues that many of the economic formations in everyday life come from work cultures rarely suspected of doing economic work: cultures of science, technology, and engineering that often do not have a claim to economic theory or practice, yet nonetheless dictate forms of economic activity. Contributing to economic anthropology, science and technology studies, energy studies, and the anthropology of expertise, this book is a map of the everyday infrastructures of economy and energy into which we are plugged as denizens of a technological world.
The electric utility industry in the US is technologically complex, and its structure as a classic network industry makes it intricate in business terms as well, so deregulation of such a complicated industry was a particularly detailed process. Steve Isser provides a detailed and comprehensive analysis of the history of the transformation of this complex industry from the 1978 Energy Policy Act to the present, covering the economic, legal, regulatory, and political issues and controversies in the transition from regulated utilities to competitive electricity markets. The book is a multidisciplinary study that includes a comprehensive review of the economic literature on electricity markets, the political environment of electricity policymaking, administrative and regulatory rulemaking, and the federal case law that restrained state and federal regulation of electricity. Isser offers a valuable case study of the pitfalls and problems associated with the deregulation of a complex network industry.
Ina Peters analyzes how collective identities and collective action frames have contributed to the persistence and eventual fragmentation of the collective action against the Belo Monte Dam. Reconstructing the rationale of the conflict, Ina Peters addresses theoretical research gaps regarding the dynamics - particularly cohesion and fragmentation - in social movements. The study considers the influence of the regional context and the applicability of Western theories in non-Western case studies. It is based on primary data that was collected through semistructured interviews and analyzed in detail by means of a combined top-down and bottom-up procedure based on the grounded theory methodology.
The Chinese electricity sector is the largest in the world, covering well over 20% of the world's electricity supply. While many other countries liberalized their electricity systems in the 1990s, thereby creating competitive wholesale and retail electricity markets, China's move towards liberalization has advanced at a slower pace - until now. Following the China State Council's publication of the No. 9 document on 'Deepening Reform of the Power Sector', this book reflects on the ambitious new round of reforms aimed at introducing competitive wholesale electricity markets and incentive regulation for its power grids. Written in collaboration with Hao Chen, Lewis Dale and Chung-Han Yang, this book provides lessons for China's reforms from international experience, combining a detailed review of reforms from around the world with specific application to China and focuses on how the industrial price of electricity is determined in a liberalized power system.
Technologies such as renewable energy alternatives including wind, solar and biomass, storage technologies and electric engines are creating a different landscape for the electricity industry. Using sources and ideas from technologies such as renewable energy alternatives, Research and Technology Management in the Electricity Industry explores a different landscape for this industry and applies it to the electric industry supported by real industry cases. Divided into three sections, Research and Technology Management in the Electricity Industry introduces a range of methods and tools including technology assessment, forecasting, roadmapping, research and development portfolio management and technology transfer. These tools are the applied to emerging technologies in this industry with case studies including data from various organizations including Bonneville Power Administration and Energy Trust of Oregon, from sectors including lighting and wind energy. The final section considers innovation through these technologies. A product result of a collaboration between Bonneville Power Administration and Portland State University, Research and Technology Management in the Electricity Industry is a comprehensive collection of methods, tools, examples and pathways for future innovation in the electricity industry.
Though oil prices have been on a downward trajectory in recent months, that doesn't obscure the fact that fossil fuels are finite, and we will eventually have to grapple with the end of their dominance. At the same time, however, skepticism about the alternatives remains: we've never quite achieved the promised 'too cheap to meter' power of the future, be it nuclear, solar, or wind. And hydrogen and bio-based fuels are thus far a disappointment. So what does the future of energy look like? The Tesla Revolution has the answers. In clear, unsensational style, Willem Middelkoop and Rembrandt Koppelaar offer a layman's tour of the energy landscape, now and to come. They show how rapid technological advances in batteries and solar technologies are already driving large-scale transformations in power supply, while economic and geopolitical changes, combined with a growing political awareness that there are alternatives to fossil fuels will combine in the coming years to bring an energy revolution ever closer. Within in our lifetimes, the authors argue, we will see changes that will reshape economics, the balance of political power, and even the most mundane aspects of our daily lives. Determinedly forward-looking and optimistic, though never straying from hard facts, The Tesla Revolution paints a striking picture of our global energy future.
Energy has moved to the forefront in terms of societal and economic development. Modern Energy Markets is a comprehensive, economically oriented, exploration of modern electricity networks from production and distribution to deregulation and liberalization processes. Updating previous work by the authors, different aspects are considered resulting in a complete and detailed picture of the systems and characteristics of modern electricity markets. Modern Energy Markets provides clear detail whilst encompassing a broad scope of topics and includes: *A method to model energy production systems including the main characteristics of future demand side management, *Different applications of this model in nuclear and renewable energy scenarios, *An analysis of Real-Time Pricing of electricity and its potential effects across the market, and, *A discussion of the need for regulation in an easily monopolized industry. Engineering and Economics students alike will find that Modern Energy Markets is a succinct and informative resource, as will researchers interested in environmental and energy issues. The inclusion of timely and relevant issues related to economic decision will also be of value to industry and civil officials.
What will electricity and heat demand look like in a low-carbon world? Ambitious environmental targets will modify the shape of the electricity sector in the twenty-first century. 'Smart' technologies and demand-side management will be some of the key features of the future of electricity systems in a low-carbon world. Meanwhile, the social and behavioural dimensions will complement and interact with new technologies and policies. Electricity demand in the future will increasingly be tied up with the demand for heat and for transport. The Future of Electricity Demand looks into the features of the future electricity demand in light of the challenges posed by climate change. Written by a team of leading academics and industry experts, the book investigates the economics, technology, social aspects, and policies and regulations which are likely to characterize energy demand in a low-carbon world. It provides a comprehensive and analytical perspective on the future of electricity demand.
Ever since Schumpeter's groundbreaking work there has been a plethora of new research seeking to extend the direction and dynamics of innovation. Using a rich account of detailed interviews, this book offers new evidence on how latecomers have successfully caught up and leapfrogged incumbent firms. Catching Up and Leapfrogging: the new latecomers in the integrated circuits industry explores how technological transitions affect latecomer catch-up strategies, and vice versa, in a high technology industry. It looks to the East Asian latecomers who, towards the end of the twentieth century, pioneered a new pathway through organizational change by specializing in the key production stages of integrated circuits and pushing technologies further. This volume assesses how latecomer resource acquisition strategies have varied alongside structural industry changes and evaluates the mechanisms through which firms started life as technology followers and rose to become technology leaders. Xiao-Shan Yap and Rajah Rasiah present a unique story about how firm strategies evolve from the catching up phase to the leapfrogging phase, captured from the accounts of managers on the ground. It is the first time firm-level strategies have been systematically analysed to describe twenty-first century strategic management in the integrated circuits industry in particular, and the high tech industry in general. The evidence and analysis in this book offers insights for chief executive officers, policy-makers and researchers to revisit existing approaches to the theory of catching up and leapfrogging.
Margot P. C. Weijnen, Zofia Lukszo and Geert Deconinck Abstract The infrastructures for electric power and information and telecommunication services are critical enablers for all economic activity. Both of these infrastructure systems evolved over time as networks-of-networks in an institutionally fr- mented landscape. In understanding and steering the emergent behaviour of these infrastructure systems both their physical network complexity and their social n- work complexity pose a formidable challenge. On top of the socio-technical c- plexity of the electricity infrastructure and the information and telecommunication infrastructure as such, the two infrastructure systems show unprecedented mutual interdependency. Unravelling this multi-level interdependency and identifying strategies to curb the new risks and vulnerabilities it implies for the reliability of electric power services is the goal of this book. It clearly shows that technical so- tions alone will not suffice to ensure the future reliability and security of electricity infrastructure operations. Keywords Cybersecurity * infrastructure vulnerability * infrastructure depend- cies * power systems 1. 1 Infrastructures Are Critical Infrastructures are the backbone of the economy and society. Especially the network bound infrastructures operated by public utilities and network industries provide essential services that are enabling for almost every economic and social activity. M. P. C. Weijnen (*) and Z. Lukszo Technology Policy and Management, Delft University of Technology, P. O. Box 5015, 2600 GA Delft, The Netherlands e-mail: M. P. C. Weijnen@tudelft. nl; Z. Lukszo@tudelft. nl G. Deconinck K. U.
The meteoric rise of the photovoltaic (PV) industry is an incredible story. In 2013, Google s investments in PV systems totaled about half a billion dollars and Warren Buffet, one of the famous investors, invested $2.5 billion in the world s largest PV system in California. These gigantic investments by major financial players were made only 40 years after the first two terrestrial PV companies, Solarex and Solar Power Corporation, were formed in the USA. Back in 1973, the two companies employed 20 people and produced only 500 watts of PV power. Now, just 40 years later, over a million people work in the PV industry. The worldwide capacity of operating PV electric generators equals the capacity of about 25 nuclear power plants. The PV industry is growing at an annual rate of 30 percent, equivalent to about five new nuclear power plants per year. Today, solar electricity is a significant supplier of electricity needs, to the extent that PV is forcing the restructuring of 100-year-old electric power utilities. This book describes how this happened and what lies ahead for PV power generation."
After the first power plant in history was commissioned for commercial operation by Thomas Edison on Pearl Street in New York in 1882, electricity was sold as a consumer product at market prices. After a period of rapid development, electricity had become such a fundamental product that regulation was believed to be necessary. Since then, the power industry had been considered a natural monopoly and undergone periods of tight regulation. Deregulation started in the early 1980s and as a result, most developed countries run their power industries using a market approach. With the theories and rules of electricity markets developing rapidly, it is often difficult for beginners to start learning and difficult for those in the field to keep up. Bringing together information previously scattered among various journals and scholarly articles, Electricity Markets and Power System Economics provides a comprehensive overview of the current state of development in the electricity market. It introduces the fundamental principles of power system operation so that even those with a basic understanding can benefit from the book. The book includes a series of consistent mathematical models of market operation of power systems, and original cases with solutions. Systematically describing the basic building blocks of electricity market theory, the book provides a guide to underlying theory and mainstream market rules.
Meeting targets aimed at tackling the climate change challenge requires moving towards a low-carbon economy. These targets can only be met with major reductions in carbon emissions from the electricity sector. Written by a team of leading academics and industry experts, Delivering a Low Carbon Electricity System analyses the social, technological, economic and political issues that affect the attempt to create a low-carbon electricity sector and assesses the main instruments for achieving this aim. The book begins by looking at how low-carbon generation technologies might be added in sufficient quantity to the electricity system. Next, it examines how networks and the demand side can help to decarbonise the sector. It then highlights the role of innovation and discusses instruments for promoting technological progress. Finally, given the economic framework and technological possibilities, it presents a number of general and specific policy instruments and options for the future.
This book offers a most comprehensive characterization of the historical, institutional and economic forces affecting electricity regulation. Eminent economists organized by the University of California Energy Institute survey the USA, UK, Scandinavia, Latin America, France, Germany, Japan, Canada, New Zealand and Yugoslavia. Recent experiments with privatization, competition and restructuring in electricity are contrasted with instances where government ownership and traditional vertical integration still dominate. The introductory essay by Richard J. Gilbert, Edward P. Kahn and David Newbery synthesizes individual country studies. In any regulatory system, the government must bargain with investors and consumers to satisfy conflicting interests. The opacity of information about cost constrains this process. Governments also impose multiple political and economic objectives on the electricity industry, which further obscures cost conditions. Privatization and deregulation tend to reverse these effects. Few countries, however, have managed to sustain private ownership in the long run.
If you're lucky enough to be employed today in the United States, there's about a one-in-ten chance that you're in a labor union. And even if you re part of that unionized 10 percent, chances are your union doesn't carry much economic or political clout. But this was not always the case, as historian and activist James Young shows in this vibrant story of the United Electrical Workers Union. The UE, built by hundreds of rank-and-file worker-activists in the quintessentially industrial town of Erie, Pennsylvania, was able to transform the conditions of the working class largely because it went beyond the standard call for living wages to demand quantum leaps in worker control over workplaces, community institutions, and the policies of the federal government itself. James Young's book is a richly empowering history told from below, showing that the collective efforts of the many can challenge the supremacy of the few. Erie's two UE locals confronted a daunting array of obstacles: the corporate superpower General Electric; ferocious red baiting; and later, the debilitating impact of globalization. Yet, by working through and across ethnic, gender, and racial divides, communities of people built a viable working-class base powered by real democracy. While the union's victories could not be sustained completely, the UE is still alive and fighting in Erie. This book is an exuberant and eloquent testament to this fight, and a reminder to every worker employed or unemployed; in a union or out that an injury to one is an injury to all."
After improving steadily for decades, the technology that brought unequalled productivity growth to the American electric utility industry appeared to stall in the late 1960s, making it impossible to mitigate the difficult economic and regulatory assaults of the 1970s. Unfortunately, most managers did not recognize the severity of the technological problems they faced and chose to focus instead on issues that appeared more manageable. Partly as a result of this lack of attention to technological issues, the industry found itself challenged by the prospects of deregulation and restructuring in the 1980s. This book focuses on the role of technological stagnation in the decline of the industry and argues that a long and successful history of managing a conventional technology set the stage for the industry's deterioration.
Elihu Thomson was a major American inventor of electric light and power systems. A contemporary of Thomas Edison, Thomson performed the engineering and design work necessary to make electric lighting a common product. From the 1880s to the 1930s, Thomson was employed by the General Electric Company and its predecessors. Working within the corporation, Thomson reveals how successful inventions are based on explicit links among technological artifacts, marketing strategy, and the business organization needed for manufacturing and marketing.
The integration of renewable energy resources into the electricity grid presents an important challenge. This book provides a review and analysis of the technical and policy options available for managing variable energy resources such as wind and solar power. As well as being of value to government and industry policy-makers and planners, the volume also provides a single source for scientists and engineers of the technical knowledge gained during the 4-year RenewElec (renewable electricity) project at Carnegie Mellon University, the University of Vermont, Vermont Law School, and the Van Ness Feldman environmental law firm. The first part of the book discusses the options for large scale integration of variable electric power generation, including issues of predictability, variability, and efficiency. The second part presents the scientific findings of the project. In the final part, the authors undertake a critical review of major quantitative regional and national wind integration studies in the United States. Based on comparisons among these studies, they suggest areas where improvements in methods are warranted in future studies, areas where additional research is needed to facilitate future improvements in wind integration studies and how the research can be put into practice.
This book offers the most comprehensive characterization assembled to date of the historical, institutional, and economic forces affecting electricity regulation. Eminent economists organized by the University of California Energy Institute survey the US, UK, Scandinavia, Latin America, France, Germany, Japan, Canada, New Zealand, and Yugoslavia. Recent experiments with privatization, competition, and restructuring in electricity are contrasted with instances where government ownership and traditional vertical integration still dominate. The introductory essay by Richard J. Gilbert, Edward P. Kahn, and David Newbery synthesizes individual country studies.
Elihu Thomson was a late-nineteenth-century American inventor who helped create the first electric lighting and power systems. One of the most prolific inventors in American history, Thomson was granted nearly 700 patents in a career spanning the 1880s to 1930s. His inventions included arc and incandescent lighting systems, alternating current motors and transformers, electric welding equipment, and the recording watt-meter, all of which were central in determining how electricity is used today. Thomson was educated in science, and he used a combination of scientific values and craft skills to develop his many inventions. Consequently, his career permits an investigation of how technologists employ craft knowledge to create new products. While employed by the General Electric Company, Thomson worked with other managers and entrepreneurs to link the hardware of electric lighting with business organization and marketing strategy. Thus, his story also traces the role of technology in the rise of a major American corporation. |
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