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Books > Business & Economics > Industry & industrial studies > Energy industries & utilities
Processes of change, stagnation and development in the countries of the Gulf Co-operation Council are analyzed in this book. The contributors show impact of oil revenues on population change and social development and on redefining the socio-economic role of the state. Oil could open venues for industrialization and development. However, lack of population policies, problems of human resources development, the rather slow change in gender relations and in political systems and heavy spending on militarization, it is argued, could impede development endeavour.
Energy is a sector where there has always been a serious modelling tradition, but with the worldwide trend away from planned economies to new market structures, the risk, uncertainties and competitive aspects which need to be incorporated pose new challenges to analyse strategic as well as economic behaviour. Systems Modelling for Energy Policy addresses the strong and apparently countervailing themes dominating energy policy in the current decade:
This important book lays bare the dangers of global warming caused by carbon dioxide emissions stemming from fossil fuel use, and proposes pathways toward mitigation. A discussion of the current main uses of fossil fuels acts as a basis for presenting viable, economically sound alternatives. The author outlines a clear, practical strategy for establishing a carbon-free future by deploying proven policy structures and technologies that are already commercially available.
Two decades ago, British Petroleum, a venerable and storied corporation, was running out of oil reserves. Along came a new CEO of vision and vast ambition, John Browne, who pulled off one of the greatest corporate turnarounds in history. BP bought one company after another and then relentlessly fired employees and cut costs. It skipped safety procedures, pumped toxic chemicals back into the ground, and let equipment languish, even while Browne claimed a new era of environmentally sustainable business as his own. For a while the strategy worked, making BP one of the most profitable corporations in the world. Then it all began to unravel, in felony convictions for environmental crimes and in one deadly accident after another. Employees and regulators warned that BP's problems, unfixed, were spinning out of control, that another disaster--bigger and deadlier--was inevitable. Nobody was listening. Having reported on business and the energy industry for nearly a decade, Abrahm Lustgarten uses interviews with key executives, former government investigators, and whistle-blowers along with his exclusive access to BP's internal documents and emails to weave a spellbinding investigative narrative of hubris and greed well before the gulf oil spill.
This book provides a concise introduction to China's electricity sector, suitable for university students and business analysts. It is business focused, combining an introduction from an established regional electricity consultancy with five academic chapters covering governance, market stakeholders and reform, wind and solar power, environmental regulation, and developments in financing. It is written in an accessible but rigorous style for people with limited knowledge of the topic, with minimal jargon but full referencing throughout the academic chapters. Each academic chapter starts with a summary and three key points to guide the reader's understanding.
This book examines the implications for public law of the regulation of privatized utilities, asking how these institutions fit into our constitutional understanding regarding accountability, individual rights and territorial government. It argues that new approaches are needed if constitutional and regulatory principles are to accommodate one another. This is of particular interest in the context of recent constitutional reforms and the growing influence of European integration. After describing the institutions, their powers and duties, particular attention is paid to the position of consumers, the role of the European Community, territorial government and the place of individual rights. The book concludes by looking at price control, the coming of competitive markets for utility services and the future of the regulatory system in the light of convergence, multi-utilities and the government's planned reforms.
Europe's Energy Transition: Insights for Policy Making looks at the availability and cost of accessing energy and how it significantly affects economic growth and competitiveness in global markets. The results in this book, from a European Commission (EC) financed project by INSIGHT_E, provide an overview of the most recent analyses, focusing on energy markets and their implications for society. Designed to inform European policymaking, elements of this book will be integrated into upcoming EC policies, giving readers invaluable insights into the cost and availability of energy, the effect of price increases affecting vulnerable consumer groups, and current topics of interest to the EC and ongoing energy debate. INSIGHT_E provides decision-makers with unbiased policy advice and insights on the latest developments, including an assessment of their potential impact.
This book provides details on the innovations made to achieve sustainability in manufacturing. It highlights the trends of current progress in research and development being done to achieve overall sustainability in manufacturing technology. Green-EDM, Hybrid machining, MQL assisted machining, sustainable casting, welding, finishing and casting, energy- and resource-efficient manufacturing are some of the important topics discussed in this book.
Competition in the generation, transmission, and distribution of electricity is of increasing interest to policy makers as well as to buyers and sellers of power. The use of competition as a social policy tool to benefit consumers carries the necessity of preserving competition when it is threatened by mergers or other structural changes. The work explains central principles of antitrust economics and applies them to mergers in the electric power industry. This work focuses on mergers, but the economic principles explained here will be useful in analyzing many important issues flowing from growth of competition in electric power. For example, proper definition of markets and analysis of market power will be useful in decisions on whether to continue regulation.
The New Energy Paradigm provides an overview of the current energy policy debate, contextualized by the oil shock from 2000, and considers how the trends in international energy markets impact on security of supply and climate change. It includes a discussion of market design, looks at carbon and oil markets, and considers best practice for effective policy design.
Before the energy crisis of the 1970s, electricity provision was a non-issue the world over, but the crisis of 1973 induced policymakers worldwide to consider private and restructured electricity provision as an alternative to unified, publicly and privately owned systems. Czamanski examines arguments and experiences concerning the divestitute of state-owned enterprises in a variety of political and technological contexts. He also considers restructuring under the Thatcher government in Great Britian, the reforms drafted by Czamanski in Israel, and restructuring in the United States as well as events in Norway, the Pacific Rim, Canada, and the developing countries. In addition, he considers the advantages and disadvantages of privatizing through theoretical discussion and by exploring experiences in various countries.
It is now almost twenty years since liberalisation and the introduction of competition was proposed for electricity utilities. Some form of restructuring has been widely adopted around the world to suit local objectives. The industry now faces new challenges associated with global warming, rising prices and escalating energy demand from developing countries like China and India. The industry will have to cope with; managing emissions; managing variable energy sources like wind, dev eloping clean coal technology; accommodating distributed generation and new nuclear stations and managing the impact of these developments on the distribution and transmission networks. It is now necessary to consider how the various market structures that were adopted have performed and how they will address some of these new issues and what further changes might be necessary. This volume presents an all-inclusive analysis of the electricity market structures that have been adopted around the world and how they are performing. It provides an up-to-date analysis of the cost of competing technologies, the operation of energy and ancillary service markets and the impact of renewable sources and emission restrictions. It takes a forward look at likely future developments necessary to cope with the new emerging issues. Part One introduces industry infrastructure, analysing state utilities, the motives behind liberalisation and the resulting structures. Part Two considers generation costs, including renewable generation costs, and investigates the cost of restricting emissions as well as transmission and distribution costs. Part Three discusses market operation, describing how costs affect the organisation of power generation. It covers trading arrangements, ancillary services, international trading and investment. Part Four looks to future markets and technological developments that will shape the industry through the next twenty years. This includes the appraisal of investment opportunities for global power companies and implications for market performance. Written by an internationally renowned consultant engineer, this book is full of expert insight and balances fundamental methodology and academic theory with practical information and diverse worked examples. This is an excellent reference on the topic for power system engineers, regulators, banks, investors, and government energy agencies. With its many worked examples, it is also a brilliant tutorial accessible for postgraduates and senior undergraduates in electrical and power engineering.
This book describes the concept and design of the capacitively-coupled chopper technique, which can be used in precision analog amplifiers. Readers will learn to design power-efficient amplifiers employing this technique, which can be powered by regular low supply voltage such as 2V and possibly having a +/-100V input common-mode voltage input. The authors provide both basic design concepts and detailed design examples, which cover the area of both operational and instrumentation amplifiers for multiple applications, particularly in power management and biomedical circuit designs.
Oil and Nation places petroleum at the center of Bolivia's contentious twentieth-century history. Bolivia's oil, Cote argues, instigated the largest war in Latin America in the 1900s, provoked the first nationalization of a major foreign company by a Latin American state, and shaped both the course and the consequences of Bolivia's transformative National Revolution of 1952. Oil and natural gas continue to steer the country under the government of Evo Morales, who renationalized hydrocarbons in 2006 and has used revenues from the sector to reduce poverty and increase infrastructure development in South America's poorest country. The book advances chronologically from Bolivia's earliest petroleum pioneers in the nineteenth century until the present, inserting oil into historical debates about Bolivian ethnic, racial, and environmental issues, and within development strategies by different administrations. While Bolivia is best known for its tin mining, Oil and Nation makes the case that nationalist reformers viewed hydrocarbons and the state oil company as a way to modernize the country away from the tin monoculture and its powerful backers and toward an oil-powered future.
Pyrolysis and Gasification of Biomass and Waste provides an authoritative review of thermal biomass conversion technologies and their implementation now and in the future. These proceedings include over 70 papers and case studies presented by leading experts from Europe and North America in Strasbourg in October 2002. Covering both technical issues and commercial opportunities, the papers include numerous diagrams, tables and figures presenting up-to-date details of how the latest pyrolysis and gasification technology is being put into practice. The meeting covered a wide range of raw materials and processes, addressing topics such as: small and large scale gasification; fast pyrolysis of biomass; liquefied wood fuel; full-scale application of sewage sludge pyrolysis; ammonia production and reduction; gasification of sorted MSW; green diesel; gas engines; gas cleaning and process design; technical and non-technical barriers to commercial exploitation. A key aim of the Strasbourg meeting was to create recommendations for strategies and policies in these areas, which the European Commission can use in its forward planning, especially with regard to sustainable energy supply, greenhouse gas mitigation and associated environmental issues. This book is an invaluable reference source for anyone concerned with these issues, and essential reading for researchers, engineers, waste managers and other professionals involved with the utilisation of green fuels and feedstocks, gasification and the contemporary biomass industry.
Over the past six decades federal regulatory agencies have attempted different strategies to regulate the natural gas industry in the United States. All have been unsuccessful, resulting in nationwide gas shortages or massive gas surpluses and costing the nation scores of billions of dollars. In addition, partial deregulation has led the regulatory agency to become more involved in controlling individual transactions among gas producers, distributors, and consumers. In this important book, Paul MacAvoy demonstrates that no affected group has gained from these experiments in public control and that all participants would gain from complete deregulation. Although losses have declined with partial deregulation in recent years, current regulatory practices still limit the growth of supply through the transmission system. MacAvoy's history of the regulation of natural gas is a cautionary tale for other natural resource or network industries that are regulated or are about to be regulated.
In a world of increasing population, this book explores the ways in which technological progress can provide smart energy management strategies to maximize resources. Energy is essential to the survival and development of mankind. Increased pressure on existing resources now requires wiser energy management, in addition to the discovery of new resources. Challenges such as the global trend of "cheaper", exponentially increasing demand in new geographies, and current climate change policies now call for new approaches and ways of thinking about energy use which consider the impact on all involved actors, and on nature. Energy generation and management can be made more efficient by making use of technological progress and sharing global experience in the smart use of this resource. This book presents a knowledge-based review of the past, present and future of energy usage, with mathematical, modeling, economic, technological and environmental perspectives. The ideas and experiences shared here propose wiser energy management as a system component of natural ecosystems.
This books analyses how transnational gas markets have evolved and impacted on EU-Russia energy relations. It examines how the political conflict surrounding Ukraine has accelerated a negative interdependence in the region, with energy interdependence increasingly used as an instrument of diplomacy.
While oil price fluctuations in the past can be explained by pure supply factors, this book argues that it is monetary policy that plays a significant role in setting global oil prices. It is a key factor often neglected in much of the earlier literature on the determinants of asset prices, including oil prices. However, this book presents a framework for modeling oil prices while incorporating monetary policy. It also provides a complete theoretical basis of the determinants of crude oil prices and the transmission channels of oil shocks to the economy. Moreover, using several up-to-date surveys and examples from the real world, this book gives insight into the empirical side of energy economics. The empirical studies offer explanations for the impact of monetary policy on crude oil prices in different periods including during the subprime mortgage crisis of 2008-2009, the impact of oil price variations on developed and emerging economies, the effectiveness of monetary policy in the Japanese economy incorporating energy prices, and the macroeconomic impacts of oil price movements in trade-linked cases. This must-know information on energy economics is presented in a reader-friendly format without being overloaded with excessive and complicated calculations. enUsed="false" QFormat="true" Name="Subtle Emphasis"/>
Providing critical insights that will interest readers ranging from economists to environmentalists, policymakers, and politicians, this book analyzes the economics and technology trends involved in the dilemma of decarbonization and addresses why aggressive policy is required in a capitalist political economy to create a sea change away from fossil fuels. The environmental damage across the globe is a result of the success of capitalist industrialism-250 years of carbon pollution resulting from consumption of fossil fuels to drive the economy and the worldwide aspiration to ever-increasing levels of economic development. But capitalism has also produced the tools to solve the problems it has created in the form of a technological revolution in low-carbon renewables, distributed resources, and intelligent systems to integrate supply and demand. This book comprehensively examines the political economy of electricity and analyzes the challenge of transforming today's electricity sector to meet the dual goals of decarbonization and development expressed in the Paris Agreement. Author Mark Cooper defines the dilemma of development and decarbonization as the great challenge facing the electricity industry and documents how the economic resources costs of a 100 percent-renewable portfolio has declined to the point that decarbonization can pay for itself, making the low-carbon renewable technologies that enable desired environmental and public-health benefits an easy sell. He identifies the substantial benefit of increasing use of information, communications, and advanced control technologies; shows how targeted innovation could speed the transition by a decade or two and lower the overall cost of the transition by as much as half; and explains why the flexible, multi-stakeholder approach of the Paris Agreement is the correct approach. Presents comprehensive and understandable reviews of more than 200 recent empirical studies of market imperfections in the energy efficiency and climate change literature, providing a basis for targeting policies at the most important causes of poor market performance Argues that aggressive action to induce change and overcome resistance, using targeted policies rather than broad-based taxes, is the strategy that will create movement towards a decarbonized economy and world Provides a logical decision-making framework and portfolio analysis that enables policymakers and regulators to choose, explain, and defend their decisions, objectively and transparently
This book uses electricity-sector reforms to question some of the preconceived ideas concerning the MENA region and to provide a broader analysis of related political economy issues. It presents potential further developments of MENA's electricity-sector reforms, taking into consideration the region's unique constraints and opportunities, and discusses the practical limits of reform and deregulation. Specifically, it examines the relationship between reforms and oil prices from a new perspective and presents alternatives to the Single Buyer Model. Complementing existing research on electricity-sector reforms in other emerging markets, the book provides a new analytical framework for assessing reforms that can be easily applied to other markets and sectors. |
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