A" Soul of a New Machine"for our time a gripping account of invention, commerce, and duplicity in the age of technology A worldwide race is on to perfect the next engine of economic growth, the advanced lithium-ion battery. It will power the electric car, relieve global warming, and catapult the winner into a new era of economic and political mastery. Can the United States win? Steve LeVine was granted unprecedented access to a secure federal laboratory outside Chicago, where a group of geniuses is trying to solve this next monumental task of physics and engineering. But these scientists almost all foreign born are not alone. With so much at stake, researchers in Japan, South Korea, and China are in the same pursuit. The drama intensifies when a Silicon Valley start-up licenses the federal laboratory s signature invention with the aim of a blockbuster sale to the world s biggest carmakers. "The Powerhouse"is a real-time, two-year account of big invention, big commercialization, and big deception. It exposes the layers of aspiration and disappointment, competition and ambition behind this great turning point in the history of technology."

This book is unique in gathering under one over all the elements of electricity economics and planning, both for the traditional approach and for the new developments of the 1990s, e.g. privatisation, competition, deregulation and more efficient markets and pricing. All the fundamental institutional aspects of electricity in the 1990s are also discussed, particularly relevant at a time when the utilities of the developed world are being restructured, those of the ex-centrally planned economies are being profoundly reorganised and those of developing countries have enormous debt problems. The book describes how these challenges of the 1990s are to be understood and met.

Markets for Power provides an unusually complete analysis of the economic, technical, and institutional aspects of the electric utility industry. The authors evaluate four currently popular options for deregulating this unique segment of the economy, and in a balanced program for reform, they advise against total deregulation and recommend a cautious approach to even partial deregulation.Paul L. Joskow is Professor of Economics and Richard Schmalensee is Professor of Applied Economics, both at MIT

Early in the twentieth century, for-profit companies such as Duke Power and South Carolina Electric and Gas brought electricity to populous cities and towns across South Carolina, while rural areas remained in the dark. It was not until the advent of publicly owned electric cooperatives in the 1930s that the South Carolina countryside was gradually introduced to the conveniences of life with electricity. Today, electric cooperatives serve more than a quarter of South Carolina's citizens and more than seventy percent of the state's land area, bringing not only power but also high-speed broadband to rural communities.The rise of "public" power-electricity serviced by member-owned cooperatives and sanctioned by federal and state legislation-is a complicated saga encompassing politics, law, finance, and rural economic development. Empowering Communities examines how the cooperatives helped bring fundamental and transformational change to the lives of rural people in South Carolina, from light to broadband. James E. Clyburn, the majority whip of the U.S. House of Representatives from South Carolina, provides a foreword.

The first textbook to present a comprehensive and detailed economic analysis of electricity markets, analyzing the tensions between microeconomics and political economy. The power industry is essential in our fight against climate change. This book is the first to examine in detail the microeconomics underlying power markets, stemming from peak-load pricing, by which prices are low when the installed generation capacity exceeds demand but can rise a hundred times higher when demand is equal to installed capacity. The outcome of peak-load pricing is often difficult to accept politically, and the book explores the tensions between microeconomics and political economy. Understanding peak-load pricing and its implications is essential for designing robust policies and making sound investment decisions. Thomas-Olivier Leautier presents the model in its simplest form, and introduces additional features as different issues are presented. The book covers all segments of electricity markets: electricity generation, under perfect and imperfect competition; retail competition and demand response; transmission pricing, transmission congestion management, and transmission constraints; and the current policy issues arising from the entry of renewables into the market and capacity mechanisms. Combining anecdotes and analysis of real situations with rigorous analytical modeling, each chapter analyzes one specific issue, first presenting findings in nontechnical terms accessible to policy practitioners and graduate students in management or public policy and then presenting a more mathematical analytical exposition for students and researchers specializing in the economics of electricity markets and for those who want to understand and apply the underlying models.

The electricity market has experienced enormous setbacks in delivering on the promise of deregulation. In theory, deregulating the electricity market would increase the efficiency of the industry by producing electricity at lower costs and passing those cost savings on to customers. However, deregulation poses substantial risks if the market is not designed properly, as the recent California crisis demonstrated. As "Electricity Deregulation "shows, successful deregulation is possible, although it is by no means a hands-off process--in fact, it requires a substantial amount of design and regulatory oversight.
This collection brings together leading experts from academia, government, and big business to discuss the lessons learned from experiences such as California's market meltdown as well as the ill-conceived policy choices that contribute to such failures. More importantly, the essays that comprise "Electricity Deregulation" offer a number of innovative prescriptions for the successful design of deregulated electricity markets. Written with economists and professionals associated with each of the network industries in mind, this comprehensive volume provides a timely and astute deliberation on the many risks and rewards of electricity deregulation.

The authors are providing information on (1) federal funding DOE receives for electricity-related R&D, including funding by type of fuel; (2) tax expenditures the federal government provides to subsidise electricity production, including expenditures by type of fuel; and (3) other ways the federal government subsidises electricity. The authors examined federal electricity-related subsidies over a 6-year period, from fiscal year 2002 through fiscal year 2007. This is an excerpted and indexed version.

An Introduction to the Fundamental Economics of Power Market Design and Analysis

Power System Economics is the first systematic presentation of power-market design principles from economic theory to market architecture. The approach is pragmatic, and the discussion illustrates economic and engineering fundamentals with simple examples. The volume breaks new ground in its analysis of price spikes, market-based unit commitment, and the prediction of market power.

Power System Economics includes five parts. Part 1 introduces key economic, engineering, and market design concepts. Part 2 explains how short-run reliability policies determine long-run average installed capacity and reliability. Part 3 examines classic designs for day-ahead and real-time markets. Part 4 covers market power, and Part 5 covers the effect of networks on prices. Topics include:

• How marginal-cost prices cover fixed costs
• Fundamentals of auction design
• The value of lost load (VOLL) as a price cap: theory versus practice
• Price limits, price spikes, investment, and reliability
• Standard market designs, including PJM
• Power pools versus power exchanges
• Market power fallacies and the HHI
• Losses pricing and congestion pricing

By any measure, the privatisation and liberalisation of the UK energy industry was an enromous success. And yet the public are not convinced. As energy expert Carlo Stagnaro shows in this important book, the re-regulation of the market in the UK, together with policy developed at the EU level, has undermined all the important developments of the 1990s and early 2000s. The result has not only been poorer outcomes in the energy market but a very inefficient approach to reduce carbon dioxide emissions. The EU has also only been partially successful in promoting liberalisation and competition in electricity markets and the time is ripe for change. The author shows how the EU must learn the lessons from the UK's successful recent past - and the UK must re-learn them. Therein lies the route to a competitive energy market that serves the ends of consumers rather than the ends of politicians and other interest groups.

In the past few years, interest in plug-in electric vehicles (PEVs) has grown. Advances in battery and other technologies, new federal standards for carbon-dioxide emissions and fuel economy, state zero-emission-vehicle requirements, and the current administration's goal of putting millions of alternative-fuel vehicles on the road have all highlighted PEVs as a transportation alternative. Consumers are also beginning to recognize the advantages of PEVs over conventional vehicles, such as lower operating costs, smoother operation, and better acceleration; the ability to fuel up at home; and zero tailpipe emissions when the vehicle operates solely on its battery. There are, however, barriers to PEV deployment, including the vehicle cost, the short all-electric driving range, the long battery charging time, uncertainties about battery life, the few choices of vehicle models, and the need for a charging infrastructure to support PEVs. What should industry do to improve the performance of PEVs and make them more attractive to consumers? At the request of Congress, Overcoming Barriers to Deployment of Plug-in Electric Vehicles identifies barriers to the introduction of electric vehicles and recommends ways to mitigate these barriers. This report examines the characteristics and capabilities of electric vehicle technologies, such as cost, performance, range, safety, and durability, and assesses how these factors might create barriers to widespread deployment. Overcoming Barriers to Deployment of Plug-in Electric Vehicles provides an overview of the current status of PEVs and makes recommendations to spur the industry and increase the attractiveness of this promising technology for consumers. Through consideration of consumer behaviors, tax incentives, business models, incentive programs, and infrastructure needs, this book studies the state of the industry and makes recommendations to further its development and acceptance. Table of Contents Front Matter Summary 1 Introduction 2 Plug-in Electric Vehicles and Charging Technologies 3 Understanding the Customer Purchase and Market Development Process for Plug-in Electric Vehicles 4 Government Support for Deployment of Plug-in Electric Vehicles 5 Charging Infrastructure for Plug-in Electric Vehicles 6 Implications of Plug-in Electric Vehicles for the Electricity Sector 7 Incentives for the Deployment of Plug-in Electric Vehicles Appendixes Appendix A: Biographical Information on the Committee on Overcoming Barriers to Electric-Vehicle Deployment Appendix B: Meetings and Presentations Appendix C: International Incentives

For seven decades the General Electric Company maintained its manufacturing and administrative headquarters in Schenectady, New York. Electric City: General Electric in Schenectady explores the history of General Electric in Schenectady from the company’s creation in 1892 to the present. As one of America’s largest and most successful corporations, GE built a culture centered around the social good of technology and the virtues of the people who produced it. At its core, GE culture posited that engineers, scientists, and craftsmen engaged in a team effort to produce technologically advanced material goods that served society and led to corporate profits. Scientists were discoverers, engineers were designers and problem solvers, and craftsmen were artists. Historian Julia Kirk Blackwelder has drawn on company records as well as other archival and secondary sources and personal interviews to produce an engaging and multi-layered history of General Electric’s workplace culture and its planned (and actual) effects on community life. Her research demonstrates how business and community histories intersect, and this nuanced look at race, gender, and class sets a standard for corporate history.

This book presents new and significant research on electric power. The world is becoming increasingly electrified. For the foreseeable future, coal will continue to be the dominant fuel used for electric power production. The low cost and abundance of coal is one of the primary reasons for this. Electric power transmission, a process in the delivery of electricity to consumers, is the bulk transfer of electrical power. Typically, power transmission is between the power plant and a substation near a populated area. Electricity distribution is the delivery from the substation to the consumers. Due to the large amount of power involved, transmission normally takes place at high voltage (110 kV or above). Electricity is usually transmitted over long distance through overhead power transmission lines. Underground power transmission is used only in densely populated areas due to its high cost of installation and maintenance, and because the high reactive power gain produces large charging currents and difficulties in voltage management. A power transmission system is sometimes referred to colloquially as a "grid"; however, for reasons of economy, the network is rarely a true grid. Redundant paths and lines are provided so that power can be routed from any power plant to any load centre, through a variety of routes, based on the economics of the transmission path and the cost of power. Much analysis is done by transmission companies to determine the maximum reliable capacity of each line, which, due to system stability considerations, may be less than the physical or thermal limit of the line. Deregulation of electricity companies in many countries has led to renewed interest in reliable economic design of transmission networks.

While billions have been provided to rebuild Iraq's oil and electricity sectors, Iraq's future needs are significant and sources of funding uncertain. For fiscal years 2003 through 2006, the United States made available about $7.4 billion and spent about $5.1 billion to rebuild the oil and electricity sectors. The United States spent an additional $3.8 billion in Iraqi funds on the two sectors, primarily on oil and electricity sector contracts administered by U.S. agencies. However, according to various estimates and officials, Iraq will need billions of additional dollars to rebuild, maintain, and secure Iraq's oil and electricity sectors. The Ministry of Electricity estimates that about $27 billion will be needed to meet the sector's future rebuilding requirements; a comparable estimate has not been developed by the Ministry of Oil. Since the majority (about 70 percent) of U.S. funds has been spent, the Iraqi government and the international donor community represent important sources of potential funding. However, prospects of such funding are uncertain. First, the Oil and Electricity Ministries have encountered difficulties spending capital improvement budgets because of weaknesses in budgeting, procurement, and financial management. As of November 2006, the Ministry of Oil had spent less than 3 percent of its $3.5 billion 2006 capital budget to improve Iraq's oil facilities. Second, Iraq has not made full use of potential international contributions and it is unclear what additional financial commitments, if any, will be provided to Iraq's oil and electricity sectors as part of a new international compact (agreement), according to U.S. officials. As of March 2007, donors had committed $580 million in grants for the electricity sector and had offered loans for oil and electricity projects; however, Iraq has not accessed these loans in part due to concerns about its high debt burden.

During the past fifty years, Canadians have seen many of their white-water rivers dammed or diverted to generate electricity primarily for industry and export. The rush to build dams increased utility debts, produced adverse consequences for the environment and local communities, and ultimately resulted in the layoff of 25,000 employees. White Gold looks at what went wrong with hydro development, with the predicted industrial transformation, with the timing and magnitude of projects, and with national and regional initiatives to link these major projects to a trans-Canada power grid.

The oil industry in the United States has been the subject of innumerable histories. But books on the development of the natural gas industry and the electricity industry in the U.S. are scarce. "Edison to Enron" is a readable flowing history of two of America's largest and most colorful industries.

It begins with the story of Samuel Insull, a poor boy from England, who started his career as Thomas Edison's right-hand man, then went on his own and became one of America's top industrialists. But when Insull's General Electric's energy empire collapsed during the Great Depression, the hitherto Great Man was denounced and prosecuted and died a pauper. Against that backdrop, the book introduces Ken Lay, a poor boy from Missouri who began his career as an aide to the head of Humble oil, now part of Exxon Mobil. Lay went on to become a Washington bureaucrat and energy regulator and then became the "wunderkind" of the natural gas industry in the 1980s with Enron.

To connect the lives of these two energy giants, "Edison to Enron" takes the reader through the flamboyant history of the American energy industry, from Texas wildcatters to the great pipeline builders to the Washington wheeler-dealers.

From the Reviews...

"This scholarly work fills in much missing history about two of America's most important industries, electricity and natural gas."
--Joseph A. Pratt, NEH-Cullen Professor of History and Business, University of Houston

..". a remarkable book on the political inner workings of the U.S. energy industry."
--Robert Peltier, PE, Editor-in-Chief, "POWER Magazine"

"This is a powerful story, brilliantly told."
--Forrest McDonald, Historian

Today's electricity industry - large power stations feeding a nationwide grid - will soon be a thing of the past. This book explains why and what will replace it - decentralized and distributed electrical resources which can be up to 10 times as economically valuable. The authors - all leading experts in the field - explain very clearly and thoroughly all the benefits, so the engineers will understand the economic advantages and the investors will understand the engineering efficiencies. Here's what industry experts are saying about Small is Profitable... 'A tour-de-force and a goldmine of good ideas. It is going to have a stunning impact on thinking about electricity.' Walter C. Patterson, Senior Research Fellow, Royal Institute of International Affairs, London. 'An amazing undertaking - incredibly ambitious yet magnificently researched and executed.' Dr. Shimon Awerbuch, Senior Advisor, International Energy Agency, Paris. 'Outstanding...You have thought of some [benefits] I never considered...A great resource for the innovation in energy services that will have to take place for us to have a sustainable future.' Dr. Carl Weinberg, Weinberg Associates, former Research Director, PG&E. 'This is a brilliant synthesis and overview with a lot of original analytics and insights and a very important overall theme. I think it is going to have a big impact.' Greg Kats, Principal, Capital E LLC, former Finance Director for Efficiency and Renewable Energy, U.S. Department of Energy. 'E. F. Schumacher would be proud of this rigorous extension of his thesis in Small is Beautiful. It shows how making systems the right size can make them work better and cost less. Here are critical lessons for the new century: technologies tailored to the needs of people, not the reverse, can improve the economy and the environment.' Dr. Daniel Kammen, Professor of Energy and Society and of Public Policy, University of California, Berkeley. 'Small is Profitable creates an unconventional but impeccably reasoned foundation to correctly assign the costs and true benefits of distributed energy systems. It has become an indispensable tool for modelling distributed energy systems benefits for us.' Tom Dinwoodie, CEO and Chairman, PowerLight Corporation. 'A Unique and valuable contribution to the distributed energy industry...Small Is Profitable highlights the societal benefits of distributed resources, and will be a helpful guide to policymakers who wish to properly account for these benefits in the marketplace.' Nicholas Lenssen, Senior Director, Primen. 'This book will shift the electric industry from the hazards of overcentralization toward the new era where distributed generation will rule.' Steven J. Strong, President, Solar Design Associates, Inc. 'Readers will understand why distributed resources are poised to fundamentally alter the electric power system. Its comprehensive review of the benefits of distributed resources [is] an important part of my library.' Dr. Thomas E. Hoff, President, Clean Power Research. 'The most comprehensive treatise on distributed generation.... Great job and congratulations.' Howard Wenger, Principal, Pacific Energy Group '..[D]ensely packed with information and insights...goes a long way to demonstrate that the former paradigm of electric power supply no longer makes sense.' Prof. Richard Hirsh, University of Vermont, Leading historian of the electric power sector. 'Amory Lovins was already the world's most original and influential thinker on the future of energy services in general and electricity systems in particular. This remarkable book is a very worthy addition to an extraordinary legacy.' Ralph Cavanagh, Energy Co-Director, Natural Resources Defense Council. 'This is a book every utility professional should have on the bookshelf.' Dr Peter S. Fox-Penner, Principal and Chairman of the Board, the Brattle Group, former Principal Deputy Assistant Secretary of Energy.