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Books > Business & Economics > Industry & industrial studies > Energy industries & utilities > General
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 provides a holistic, interdisciplinary overview of offshore wind energy, and is a must-read for advanced researchers. Topics, from the design and analysis of future turbines, to the decommissioning of wind farms, are covered. The scope of the work ranges from analytical, numerical and experimental advancements in structural and fluid mechanics, to novel developments in risk, safety & reliability engineering for offshore wind.The core objective of the current work is to make offshore wind energy more competitive, by improving the reliability, and operations and maintenance (O&M) strategies of wind turbines. The research was carried out under the auspices of the EU-funded project, MARE-WINT. The project provided a unique opportunity for a group of researchers to work closely together, undergo multidisciplinary doctoral training, and conduct research in the area of offshore wind energy generation. Contributions from expert, external authors are also included, and the complete work seeks to bridge the gap between research and a rapidly-evolving industry.
This book shows how the links between energy security and national and international law and policies on green energy pose challenges to a transition towards a green energy system. Based on empirical work carried out in two very different country case studies - Great Britain and Brazil - this book attempts to foster a better understanding of the role played by energy security in constructing and deconstructing green energy policy initiatives. The broad range of views raised in national contexts leads to legal disputes in international forums when attempts are made to address the issues of this energy security/green energy interplay. As such, building on the findings of the case studies, this book then analyses the interplay between energy security and green energy development in international trade law as encapsulated in the law of the World Trade Organisation (WTO). Finally, the author proposes a way forward in creating the legal space in the law of the WTO for trade restrictive measures aimed at ensuring green energy security.
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.
This book presents the proceedings of the International Conference on Health, Safety, Fire, Environment, and Allied Sciences (HSFEA 2018), highlighting the latest developments in the field of science and technology aimed at improving health and safety in the workplace. The volume comprises content from leading scientists, engineers, and policy makers, discussing water pollution and advanced remedial measures, and the impact on health and the environment. Topics of discussion include research on emerging water pollutants, their sources, monitoring and control. The contents of this volume will be of interest to researchers, practitioners, and policy makers alike.
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.
This book is a concise review of the current status and future prospects of concentrating photovoltaic (CPV) technology. Starting with a summary of the current technical and economic status of CPV technology, it identifies the factors that hold CPV back in the commercial market. The main technical areas considered are solar cells, tracking and optics. The solar cells section focuses on spectrum splitting systems, which offer potentially higher efficiency than multi-junction cells with reductions in the manufacturing constraints that lead to high costs. It also offers a brief survey of the latest developments in spectral splitting alongside a discussion of the advances in solar cell manufacturing that aid the development of such systems. Further, it examines electrical design principles for spectral splitting systems that can improve the spectral stability of these systems' performance. The section on tracking includes a description of tracking integration with an update of the review published in Nature, presenting the latest advances in the field and focusing on surveying conceptual approaches rather than providing an exhaustive description of the literature. The optics section explores 3D printing and other emerging methods of fabricating optics for both prototype and large-scale production, as well as new classes of concentrators, particularly those based on novel photonic materials such as angular filters. Lastly, the authors consider the impact that environmental factors have on the performance of CPV in non-standard environments before concluding with a discussion of the combinations of technologies that they anticipate will most effectively boost CPV in the commercial market.
This book addresses sustainability thinking and the bigger picture, by taking into consideration how and from where contemporary schools of thought emerged approximately a quarter-century ago. Evidence from the literature illustrates a number of key concepts and techniques that have been tested and continue to be tested, within various multi-disciplinary fields, on societal functionality. Research into sustainable societies needs to be sound, ethical, and creative. A cross-sectoral, interdisciplinary examination of challenges and strategies is used to interlink sustainability thinking and human-nature relations. With an ever-growing number of people now concentrated within urban areas, providing not only environmental quality and livable space, but also security and resilient urban systems, is becoming increasingly important. This urbanization trend has overlapped with environmental degradation, consumption of natural resources, habitat loss, and overall ecosystem change. Consequently, the goal is for cleaner, safer societies - with higher standards of living - to excel in support of current and future generational communities. The book tackles these challenges by integrating environmental scholarship, economic evaluation, and urban strategies under one umbrella of thought. The relational paradigms presented include examples that correlate developed and developing countries, socioeconomics and community development, and governance of knowledge and education. As such, the book argues, furthering of knowhow should be accessible and shared in order to achieve maximum innovation and benefit. Sustainability thinking, after all, is a metric for intrinsic human-nature relations in terms of past performance, present development, and future goals. This book discusses this metric and offers novel approaches to growing societies and what we can do next.
The second of two works resulting from the author's extensive study of energy and the world economy, this book examines the international macroeconomic aspects of energy adjustment. Specifically, the author analyzes the ways in which economies adjust to external shocks, particularly the oil price shock and other energy market changes of the 1970s and early 1980s. He seeks to put the recessions experienced by industrial countries during the last decade in historical and analytical perspective, arguing that with the increasing openness of the world economy, the effects of the domestic policies of the industrial economies are increasingly relevant to the economic prospects of developing countries. He argues further that the apparent problems of the global economy during the post-1973 era--stagnant growth, inflation, the international debt crisis, and rising protectionism--are in part the result of a deterioration in the economic performance of industrial countries. The author begins by examining the effects of energy supply disturbances on the world economy. Subsequent chapters explore such issues as challenges to economic stabilization policy; the impact of external shocks on the economies of less developed countries, especially with regard to inflation and balance of payments problems; the relationship between world payment imbalances and recycling problems; and the link between energy markets and the international debt crisis. Finally, the author provides a theoretical framework for the international adjustment to energy shocks, focusing on flexible exchange-rate policy responses to exogenous shocks in the 1970s and the contribution of exchange rate misalignment to the international debt crisis of the 1980s.
This book takes a fresh look at pricing, product differentiation and the need for decommoditisation in market sectors where products and services are standardised and interchangeable. In the first chapters the book explains what commodities are, and puts them into a historical perspective to promote an understanding of their production and its effects. From this baseline the book then presents a case study on how decommoditisation has progressed within the energy industry. Building on this case study and learnings from other sectors, it develops a theoretical framework, characterising the processes and mechanisms observed to be extended towards different industries. This framework is then utilised in the following chapters as a model to explain the progression of decommoditisation, and to examine other sectors through this lens. To conclude, the book presents the implications for stakeholders and suggestions on how to respond to them from a policy and business standpoint. In a final chapter the book develops an outlook on current trends and possible alternative pathways, and summarizes the main takeaways for management professionals and policymakers alike.
This book explores the process of policymaking and implementation in the finance, energy and security sectors in the United Arab Emirates. It looks at the role of informal advisory networks in a nascent private sector, federal politics, and historical ties in foreign relations.
The recent European Council Directive 114/08 requested the EU Member States to perform an assessment aimed at the identification and designation of the so-called European Critical Infrastructures (ECI). Every analysis of the results of the "first round" of identifications and designations has only taken into account the numbers of ECIs effectively designated, consequently leaving aside all of the other elements related to this important path towards a harmonized vision of the "European Security." This work, with its unprecedented approach, focuses on the elements that have maximized or frustrated the ambitious European objectives and on the issues that might have prevented the directive reaching its full potential. Furthermore, the study offers an in-depth perspective on the lessons learned - including those that can be learned from the US pre-post 9/11 CIP policies - as well as an assessment of the state of play of the Member States after the implementation of the directive, together with predictions for future challenges.
This volume summarizes our current knowledge on different biomass-converting enzymes and their potential use in converting biomass into simple sugar to generate bioenergy and other value added co-/by products. It consists of 13 chapters and is divided into three parts: cellulases; hemicellulases; and lignocellulose oxidoreductases. Written by international experts, the contributions offer clear and concise descriptions of both standard and new technologies. It is an invaluable reference resource for undergraduates, post-graduates, researchers and practitioners in the field of microbial enzymes for biofuel and biorefinery applications.
The water and power industries, including the most capital-intensive producers of goods and services in our economy, are exposed to financial risks of staggering proportions. With projects that are routinely large and require long-term planning, and with demand and supply often highly volatile, costs regularly defy prediction. Still, there has been little explicit analysis of financial risk in the water and power industries. In this work, C. Vaughan Jones provides a comprehensive discussion of financial risk and risk analysis for these utilities. Writing in clear, straightforward language, he explores the application of risk analysis to construction projects, rate-setting and price effects, and customer characteristics. In developing a method for evaluating risk, Jones brings together material from business, engineering, economics, demography, probability theory, computer simulation, and policy studies. The materials are organized around risk factors affecting costs and revenues, and support a practical analysis with spreadsheet and simulation examples. Separate chapters present findings relating to the variability of construction costs, customer demand, and population growth. Together with qualitative information about risks, these chapters offer suggestions about quantitative representation of relevant patterns of variability of key risk sources. The techniques are integrated in simulation models dealing with contract risk, the evaluation of sinking funds and amortization schedules, and long-run capacity planning. The concluding chapters summarize major findings, consider issues of reliability and validation, and discuss the way in which this analysis can be applied to a variety of infrastructure investments. Finance and investment professionals and students in business and finance studies will find this work to be a useful reference tool. For public and academic libraries, it will represent a valuable addition to their collections.
This book is a guide to how financial steering is designed, measured and implemented with a special focus on the energy industry. The authors offer an overview of and practical insights into the links between financial steering and accounting, and the temporary cycles of investment, divestment, return and loss, market highs and lows that form the framework of the entire energy industry across all value chain stages. The faster and the larger the cash cycles of investments and their returns, the greater not only the value created, but also the potential loss if the financial steering is not properly designed and managed. Value and value generation require an understanding of how value is both defined and measured in both and how the business/project economics model of a company works - financial steering provides this. Further, the book also discusses accounting topics such as impairments, new IFRS standards and the impact of accounting on key performance indicators of financial steering, which are associated with these investment decision valuations. The combination of accounting with the cash flow perspective provides a complete understanding of selected practical topics of financial steering which are explained in detail in a large number of examples and case studies. The book is intended for a wide range of finance/controlling/treasury/accounting professionals and students. It is written in practical and simple terms to outline the financial steering concept and to bring it to life in daily work and in the decision making process for financial steering. All illustrated concepts are in the same manner relevant and applicable to all other asset-intense industry sectors and their financial steering processes.
Manpower analysis and planning for the energy sector is the cornerstone of any successful national energy program. The human resources aspect of energy problems, however, has received little systematic attention. Responding to the need for a comprehensive information source on this important subject, Professor Hosni's bibliography reviews research completed to date and documents the different strategies that have been developed to cope with changing conditions in the energy market. Providing an international perspective, it draws on the literature of the United States and fifty other countries, with particular attention to the Arab world, where both energy and manpower are critical to future development.
This broad-ranging text provides an analysis and assessment of the European Union's energy policy. It examines the components of the internal energy market alongside energy policy and politics on the international stage, and in doing so outlines the increasing importance of this global issue.
Geothermal Power Generation: Developments and Innovation provides an update to the advanced energy technologies that are urgently required to meet the challenges of economic development, climate change mitigation, and energy security. As geothermal resources are considered renewable and can be used to generate baseload electricity while producing very low levels of greenhouse gas emissions, they can play a key role in future energy needs. This book, edited by a highly respected expert, provides a comprehensive overview of the major aspects of geothermal power production. The chapters, contributed by specialists in their respective areas, cover resource discovery, resource characterization, energy conversion systems, and design and economic considerations. The final section provides a range of fascinating case studies from across the world, ranging from Larderello to Indonesia. Users will find this to be an essential text for research and development professionals and engineers in the geothermal energy industry, as well as postgraduate researchers in academia who are working on geothermal energy.
This book explores the use of recent advanced multiple stage conversion technologies. These applications combine conventional fluidised bed systems with new plasma technologies to efficiently generate different energy outputs from waste materials with minimum cleaning effort. Using a mix of modelling and experimental approaches, the author provides fundamental insights into how the key operating variables of the two-stage process may impact the final quality of syngas. This thesis serves as a useful reference guide on the modelling and design of single and multiple-stage systems for thermal waste treatment. Its extended section on plant configuration and operation of waste gasification plants identifies the main technical challenges, and is of use to researchers entering the field.
The CSIS Working Group on Private-Sector Development in Fragile, Conflict-Affected, and Violent States identifies tools available to the international business community and the U.S. government to assist these countries, as well as the gaps in needed resources. Participants examined cases from Afghanistan, Iraq, Burma, and Liberia to glean examples of successes and failures in private-sector development, with the goal of identifying potential roles for host governments and the international private sector. This report presents the results of those discussions.
During the 1970s and early 1980s utility regulators moved from largely unintrusive regulatory practices towards more aggressive and intrusive strategies. This study explores the reasons for the change and examines the trade-offs involved between seeking fairness to customers and efficiency of operations as primary goals of regulatory policies. An extended case study of the California Public Utilities Commission's conservation policies and utility programs from 1975 to 1984 is used to test theoretical explanations of interventionism. In a look toward the future of interventionist regulatory behavior, Barkovich concludes that in the future regulators will face more stringent limitations in pursuing certain forms of interventionism. "Business Information ALERT" This pioneering study analyzes the changing nature of utility regulation in the United States, with particular emphasis on the 1970s and early 1980s when regulators moved from largely unintrusive regulatory practices toward more aggressive and intrusive strategies. Barkovich explores the reasons for this change in regulatory behavior and examines the trade-offs involved between seeking fairness to customers and efficiency of operations as primary goals of regulatory policies. Theoretical explanations of regulatory interventionism are then tested in an extended case study of the California Public Utilities Commission's (CPUC) conservation policies and utility programs from 1975 to 1984--widely cited as among the most active and creative in the nation. Barkovich identifies three factors influencing regulatory decisionmaking--interest groups, the regulatory commission organization, and ideology--and proposes an extension of existing regulatory theory to explain interventionist behavior. Based upon an in-depth examination of the CPUC's policymaking, she demonstrates that regulatory interventionism has a number of prerequisites, among them factors which promote regulatory autonomy and reduce external constraints upon regulators. Finally, Barkovich looks toward the future of interventionist regulatory behavior in an increasingly market-oriented, service delivery system, concluding that, in the future, regulators will face more stringent limitations in pursuing certain forms of interventionism. Energy industry professionals, regulatory decisionmakers, and students of the utility industry and of government regulation of business will find important new insights into the social, political, and economic dynamics of utility regulation.
This volume of Eurasian Studies in Business and Economics focuses on latest results from research in Banking and Finance, Accounting and Corporate Governance, Growth and Development, along with a focus on the Energy sector. The first part on Accounting and Corporate Governance features articles on environmental accounting, audit quality, financial information, and adoption of governance principles. The Banking and Finance part looks at risk-behavior in banks, credit ratings during subprime crisis, stakeholder management, and stock market crises. The book focuses then on the energy sector and analyzes macroeconomic impacts of electricity generation, risk dimensions in wind energy, the latest EU energy reforms, and discusses prediction models.
By combining perspectives from experts in domestic politics, regional politics, and specialists in international security, this edited volume focuses on the central role of energy production and supply in the Russian-Western completion across Eurasia.
This book presents various methods for sustainability assessment of energy systems, under various different conditions and scenarios. It answers the questions of how to measure the sustainability of energy systems by adopting appropriate metrics and methods. This book provides readers with a comprehensive view of the frontiers of sustainability assessment methods for energy system analysis. It presents various methodologies, allowing readers to understand: the complete metrics for sustainability assessment; life cycle thinking for sustainability assessment of energy systems; and the advanced sustainability assessment methods for energy systems. This book is of interest to researchers, engineers, decision makers, and postgraduate students within the field of energy systems, sustainability, and decision analysis. |
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