From before the dawn of the twentieth century until the arrival of the New Deal, one of the most protracted and deadly labor struggles in American history was waged in West Virginia. On one side were powerful corporations and industrialists whose millions bought political influence and armed guards for their company towns. On the other side were 50,000 mine workers, the nation's largest labor union, and the legendary "miners' angel," Mother Jones. Attempts to unionize were met with stiff resistance. Fundamental rights were bent, then broken, and the violence evolved from bloody skirmishes to open armed conflict. The fight for civil rights and unionization in West Virginia verged on civil war and stretched from the creeks and hollows to the courts and the U.S. Senate. In The Devil Is Here in These Hills, celebrated labor historian James Green tells this story like never before.

The energy industry is changing, and it's far more than just solar panels. Electric vehicles look to overtake gasoline-powered cars within our lifetimes, wind farms are popping up in unlikely places, traders are transforming energy into a commodity, and supercomputers are crunching vast amounts of data in nanoseconds while helping to keep our energy grids secure from hackers. The way humans produce, distribute and consume power will be cleaner, cheaper, and infinitely more complex within the next decade. In The Energy Switch, leading energy industry expert Peter Kelly-Detwiler looks at all aspects of the transformation: how we got here, where we are going, and the implications for all of us in our daily lives. Kelly-Detwiler takes readers to the frontlines of the energy revolution. Meet Rob Threlkeld, a General Motors executive who convinced the auto giant to sign multiple 20-year renewable energy contracts worth hundreds of millions; Brian Janous, the Microsoft executive responsible for greening up the cloud; and Kathy Loftus, who helps Whole Foods save power. CEO John Carrington introduces readers to his battery storage company that uses artificial intelligence to tell his batteries what to do and when to do it. Join a technician who climbs 300-foot wind towers in the Texas panhandle to make sure their blades keep spinning, and get in the car for a 400-mile road trip with Cathy Zoi and Julie Blunden as they lay the groundwork for their electric vehicle charging company. Energy creation and distribution has driven society's progress for centuries. Now, people are increasingly aware that it is imperative that humans move towards a cleaner, digitized, and democratized energy economy. The Energy Switch is about that transformation, told from the perspective of those leading us to that bright future.

This pivot considers how China deals with the globalization of its energy companies in the face of global efforts to combat climate change. It examines how China, following its emergence as the world's largest energy consumer and its resultant growing dependence on foreign energy, engages the world on energy, and its implications for global governance of energy. It notably focuses on the policy impact of China's global engagement for the accelerated "going out" strategy and the so-called "one belt one road" (OBOR) initiative, and profound climate implications for the rest of the world, contending that the type of energy services, technologies, and infrastructure China finances around the globe today will determine the global community's carbon footprint in the foreseeable future.

Civil Liability and Financial Security for Offshore Oil and Gas Activities provides insights into the liability and compensation regime for offshore-related damage. The book analyses the legal regime in a variety of states (including the US and the UK) as well as the EU regime. In addition, the various compensation mechanisms and amounts available today to compensate offshore-related damage are described and critically analysed. Moreover, the book is based on in-depth interviews with a wide variety of relevant stakeholders including insurers, representatives from supervisory authorities, and oil and gas producers. This volume also provides a variety of policy recommendations, formulated to provide an optimal compensation regime for offshore-related damage.

This is one of the first books that comprehensively explains fundamental theories of natural resource and infrastructure public private partnership (NRI-PPP) projects and project finance. NRI-PPP projects and project finance have been adopted in natural resource development, including oilfield development, mine development, and liquefied natural gas production; manufacturing, such as petrochemistry, which uses crude oil; and infrastructure-related projects such as railways, roads, airports, ports, water supply, waste treatment, communications, and electricity. An important concern during negotiations among the various stakeholders is the lack of congruence between theories underlying NRI-PPP projects and project finance and the particular, real-life business considerations of the subject project and lack of understanding of the key theories. Studies that help us understand NRI-PPP projects and project finance have been developed based on economic theories such as contract theory and the economics of law by several distinguished professors. Until now, however, in financial institutions staff in departments that specialize in project finance have developed an understanding of the theories underlying NRI-PPP projects and project finance primarily through on-the-job training during which business points of view were passed on. Principles and theories regarding NRI-PPP projects and project finance have not been taught through textbooks in these firms. In fact, there are only a few books that explain the fundamental theories for actual project structures or actual project finance. This book attempts to fill that gap by making clear the fundamental theories that exist behind the actual projects and project finance in relation to natural resources and infrastructure. Readers of this book will include not only professionals in various private sectors and banks but also those involved in PPP projects in the public sector.

A larger-than-life account of family, greed, and a courtroom showdown between Big Oil rivals from the New York Times-bestselling author of Private Empire. Pulitzer Prize-winning author Steve Coll is renowned for "his ability to take complicated, significant business stories and turn them into quick-reading engaging narratives" (Chicago Tribune). Coll is at the height of his talents in this "riveting" tale of one of the most spectacular-and catastrophic-corporate takeovers of all time (Newsday). As the head of a sprawling oil empire, J. Paul Getty was once the world's richest man. But by 1984, eight years after his death, Getty's legacy was in tatters: His children were locked in a bitter feud over the family trust and the company he founded was riven by boardroom turmoil. Then Pennzoil made an agreement with Getty's son, Gordon, to purchase Getty Oil. It was a done deal-until Texaco swooped in to claim the $10 billion prize. What followed was an epic legal battle that pit "good ole boy" J. Hugh Liedtke of Pennzoil against the Wall Street brokers behind Texaco's offer. The scandalous details of the case would shock the business world and change the landscape of the oil industry forever. With a large cast of colorful characters and the dramatic pacing of a novel, The Taking of Getty Oil is a "suspenseful" and "always intriguing" chronicle of one of the most fascinating chapters in American corporate history (Publishers Weekly).

A new edition of the classic text explaining the fundamentals of competitive electricity markets now updated to reflect the evolution of these markets and the large scale deployment of generation from renewable energy sources The introduction of competition in the generation and retail of electricity has changed the ways in which power systems function. The design and operation of successful competitive electricity markets requires a sound understanding of both power systems engineering and underlying economic principles of a competitive market. This extensively revised and updated edition of the classic text on power system economics explains the basic economic principles underpinning the design, operation, and planning of modern power systems in a competitive environment. It also discusses the economics of renewable energy sources in electricity markets, the provision of incentives, and the cost of integrating renewables in the grid. Fundamentals of Power System Economics, Second Edition looks at the fundamental concepts of microeconomics, organization, and operation of electricity markets, market participants strategies, operational reliability and ancillary services, network congestion and related LMP and transmission rights, transmission investment, and generation investment. It also expands the chapter on generation investments discussing capacity mechanisms in more detail and the need for capacity markets aimed at ensuring that enough generation capacity is available when renewable energy sources are not producing due to lack of wind or sun. Retains the highly praised first edition s focus and philosophy on the principles of competitive electricity markets and application of basic economics to power system operating and planning Includes an expanded chapter on power system operation that addresses the challenges stemming from the integration of renewable energy sources Addresses the need for additional flexibility and its provision by conventional generation, demand response, and energy storage Discusses the effects of the increased uncertainty on system operation Broadens its coverage of transmission investment and generation investment Supports self-study with end-of-chapter problems and instructors with solutions manual via companion website Fundamentals of Power System Economics, Second Edition is essential reading for graduate and undergraduate students, professors, practicing engineers, as well as all others who want to understand how economics and power system engineering interact.

This bold and controversial argument shows why energy transitions are inherently complex and prolonged affairs, and how ignoring this fact raises unrealistic expectations that the United States and other global economies can be weaned quickly from a primary dependency on fossil fuels. Energy transitions are fundamental processes behind the evolution of human societies: they both drive and are driven by technical, economic, and social changes. In a bold and provocative argument, Energy Transitions: History, Requirements, Prospects describes the history of modern society's dependence on fossil fuels and the prospects for the transition to a nonfossil world. Vaclav Smil, who has published more on various aspects of energy than any working scientist, makes it clear that this transition will not be accomplished easily, and that it cannot be accomplished within the timetables established by the Obama administration. The book begins with a survey of the basic properties of modern energy systems. It then offers detailed explanations of universal patterns of energy transitions, the peculiarities of changing energy use in the world's leading economies, and the coming shifts from fossil fuels to renewable conversions. Specific cases of these transitions are analyzed for eight of the world's leading energy consumers. The author closes with perspectives on the nature and pace of the coming energy transition to renewable conversions.

The Russian State and Russian Energy Companies analyses the development of relations between the state and five major energy companies, and how this shaped Russia's foreign policy in the post-Soviet region. The book argues that the development of Russia's political economy mattered for foreign policy over the quarter of a century from 1992 to 2018. Energy companies' roles in institutional development enabled them to influence foreign policy formation, and they became available as tools to implement foreign policy. The extent to which it happened for each company varied with their accessibility to the Russian state. Institutional development increased state capacity, in a way that strengthened Russia's political regime. The book shows how the combined power of several companies in the gas, oil, electricity, and nuclear energy industry was a key feature of Russian foreign policy, both in bilateral relationships and in support of Russia's regional position. In this way, Russia's energy resources were converted to regional influence. The book contributes to our understanding of Russia's political economy and its influence on foreign policy, and of the formation of policy towards post-Soviet states.

Civil Liability and Financial Security for Offshore Oil and Gas Activities provides insights into the liability and compensation regime for offshore-related damage. The book analyses the legal regime in a variety of states (including the US and the UK) as well as the EU regime. In addition, the various compensation mechanisms and amounts available today to compensate offshore-related damage are described and critically analysed. Moreover, the book is based on in-depth interviews with a wide variety of relevant stakeholders including insurers, representatives from supervisory authorities, and oil and gas producers. This volume also provides a variety of policy recommendations, formulated to provide an optimal compensation regime for offshore-related damage.

This brief explores the business and global implications of the American shale energy, or natural gas, revolution. Specifically, it provides a rational, comprehensive look at the major business themes and management implications that surround the new abundance of natural gas in the United States and identifies some of the most significant geopolitical considerations globally. While acknowledging some of the controversies and hazards surrounding the extraction techniques, commonly known as "fracking", the author also looks at the hopes this technique poses and details how shale energy will impact supply chains for firms. The discovery of new sources of domestic natural gas in recent years - coupled with innovations that facilitated their extraction - has altered the global landscape. However, the vast majority of the information out there for business students, faculty, and practitioners about the natural gas revolution is focused on the impact of "longer and lower" energy prices; and, secondarily, opportunities within the domestic energy sector. Each of these is crucial for business people to understand, however, the natural gas revolution is about much more. Companies of all sizes, whether they see it or not, are having new opportunities open up for their products and services. Further, the globalization of shale energy will have far reaching influence beyond simply economic factors. Geopolitical considerations and the re-structuring of international relations around shale energy will impact supply chains in a myriad of ways. This book aims to examine these opportunities. Featuring case studies from contemporary companies, this book will be of interest to students, academics, researchers, professionals and policy makers who are seeking to understand the business and global implications of the shale energy revolution.

This book evaluates the potential of the combined use of district heating networks and cogeneration in the European Union (EU). It also proposes measures to remove barriers hindering their widespread implementation, formulates policies for their implementation, and evaluates their economic, energy, and environmental consequences. The book presents a preliminary assessment of the likely cost and the impact of widespread adoption of district heating networks and cogeneration carried out in three cities that represent the variety of climatic conditions in the EU. Based on this assessment, it is estimated that by undertaking the maximum economically feasible implementation across the EU, fuel savings of EURO95M/year would be achieved, representing energy savings of 6,400 petajoules (PJ), which is around 15% of the total final energy consumption in the EU in 2013 (46,214.5 PJ). Using simple and quick calculations and not specific software, the method used allows the evaluation of the potential benefits of retrofitting existing power plants into cogeneration plants and connecting them to nearby heating networks. In light of increasing energy costs and environmental concerns, the book is of interest to heating engineers, city planners, and policy-makers around the globe.

This book helps power industry executives to systematically navigate the complex technological and organizational changes necessary to recreate power grids. This is especially pertinent in the current environment characterized by volatility, uncertainty, complexity, and ambiguity conditions. Across the globe, the electric power sector is facing many forces of change as it transitions from a fossil-based system to cleaner sustainable resources. Leaders in the power sector face unprecedented challenges in responding to these changes while continuing to provide safe, reliable, clean, and affordable electricity. Recognizing that historical and existing ways will not work, Jagoron Mukherjee and Marco C. Janssen present a new paradigm for industry leaders to tackle some of the key questions to determine the best path forward: What will the business be like in the future? What technologies will likely prevail? How should my company respond to constant change? How expensive will the transition be? Will the customer expectations be met? How fast do we need to change? Drawing on well-known management principles, the book helps industry leaders to provide a methodology to tackle these questions and sharpen their decisions as they embrace innovation, new customer expectations and digitization in their efforts to steer the energy transition. Taking a holistic problem-solving approach, which addresses the power company as a whole, Recreating the Power Grid will be a valuable resource for all professionals working in this quickly evolving field.

At the time of its collapse in 2001, Enron was one of the largest companies in the world, boasting revenue of over $100 billion. During the 1990s economic boom, the Houston, Texas-based energy company had diversified into commodities and derivatives trading and many other ventures-some more legal than others. In the lead-up to Enron's demise, it was revealed that the company's financial success was sustained by a creatively planned and well-orchestrated accounting fraud. The story of Enron and its disastrous aftermath has since become a symbol of corporate excess and negligence, framed as an exceptional event in the annals of American business. With Risk and Ruin, Gavin Benke places Enron's fall within the larger history and culture of late twentieth-century American capitalism. In many ways, Benke argues, Enron was emblematic of the transitions that characterized the era. Like Enron, the American economy had shifted from old industry to the so-called knowledge economy, from goods to finance, and from national to global modes of production. Benke dives deep into the Enron archives, analyzing company newsletters, board meeting minutes, and courtroom transcriptions to chart several interconnected themes across Enron's history: the changing fortunes of Houston; the shifting attitudes toward business strategy, deregulation, and the function of the market among policy makers and business leaders; and the cultural context that accompanied and encouraged these broader political and economic changes. Considered against this backdrop, Enron takes on new significance as a potent reminder of the unaddressed issues still facing national and global economies. Published in cooperation with the William P. Clements Center for Southwest Studies at Southern Methodist University.

This is an easy-to-read textbook providing the reader with the basis to comprehend the major energy technologies from a physical and economical perspective. The journey through the book begins with some background theory on the physics and economics of energy. Major energy technologies (fossil, nuclear and renewable) are explored in-depth, explaining how they work and the costs involved. Finally, the journey ends by exploring the technical and economic feasibility of supplying the world by 2050 with sustainable energy only. Numerous examples are provided to allow the reader to relate important concepts to real-life. The reader’s understanding of the material can then be tested using the exercises at the end of each chapter. This textbook is the first to thoroughly present the physics and the economics of energy. It is intended for graduate students and practitioners interested in the field of energy. It also enables the general reader to distinguish between political statement and fact.

A stronger, more informed approach to the energy markets The Energy World Is Flat provides a forward-looking analysis of the energy markets and addresses the implications of their rapid transformation. Written by acknowledged expert Daniel Lacalle, who is actively engaged with energy portfolios in the financial space, this book is grounded in experience with the world of high-stakes finance, and relays a realist's perspective of the current and future state of the energy markets. Readers will be brought up to date on the latest developments in the area, and learn the strategies that allow investors to profit from these developments. An examination of the markets' history draws parallels between past and current shifts, and a discussion of technological advancements helps readers understand the issues driving these changes. Energy has always been at the forefront of the economic agenda, being both the key to and a driver for development and growth. Its centrality to the world of finance makes it imperative for investors and analysts to understand the energy markets, irrespective of where on the wide range of energy spectrum observers they fall. The Energy World Is Flat is a guide to the past, present, and future of these crucial markets, and the strategies that make them profitable. These include: * Understanding the state of the energy markets, including key developments and changes * Discovering the ten pillars of a successful energy investment strategy * Reviewing the history of the energy markets to put recent changes into perspective * Learning which technologies are driving the changes, and how it will affect investors The recent energy market changes were both unexpected and so fundamental in nature that they represent a true shift in the energy macro- and microeconomic landscape. Investors and analysts seeking a stronger approach to these markets need the expert guidance provided by The Energy World Is Flat.

This book shares the learnings and perspectives of two pioneer women who waded the many challenges posed by multiculturalism and gender in one of the corporate environments more rigid and traditional in the business world: the energy sector in the Middle East. How they managed to create a growth space for themselves and their teams is a story of professional and personal tenacity, shaping a privileged perspective that enabled them to understand the root causes of barriers, as well as envision plausible solutions. They propose in the book not only their vision, but a remarkable collection of unfiltered interviews to influential leaders in the energy sector, to complete a vision of what is key to achieve success when leading or consulting in a corporate environment. The book offers a compilation of very personal approaches to professionalism, resilience, work, and ultimately, success, from within and outside the ranks of highly regarded corporations in the energy sector. The ultimate aim is that of triggering a self-reflection in the readers, grounded on the learnings and perspectives of those who made it to the highest roles of one of the less understood business environments.

First published in 1940, this book describes how the power industry originated and describes the various types of machinery and equipment used in power stations up to the end of the nineteenth century, by which point the steam turbine and three-phase turbo alternator became more commonly employed. The text is also accompanied by engravings and photographs of Victorian power stations and equipment. This book will be of value to anyone with an interest in the history of public electricity supply.

The book offers a broad overview of asset management processes for different utilities, with a special emphasis on energy and water. It provides readers with important practical considerations concerning the development of new competitive structures and procedures for guaranteeing a sufficient supply of energy and water in a regulated environment, using clearly defined technical and economic cornerstones. On the one hand asset owners expect suitable interests from their investment and business growth; on the other hand regulators focus more on a reliable and cost-effective customer supply. This book shows how to take into consideration these different perspectives in the process of designing new structures and how to guarantee organizational transparency. Based on the major tasks of an asset manager, it describes essential principles and boundary conditions for ensuring the optimal use of resources in a network, such as investment and maintenance strategies, equipment service life, investment and operational costs, etc. Moreover, it points out their impact on the organization of the company, including the necessary IT landscape and computer programs. The book is the English translation of Asset Management für Infrastrukturanlagen - Energie und Wasser1, written by the same authors and published by Springer in 2014.

This book covers the Resistivity Recovery (RR) technique, underlying its physical principles, performance and problematic. A concise review on the state of the art is provided, showing the advances in radiation modelling, linking both experimental and theoretical fields. The reader will find a data compilation and comparison of up-to-date results obtained from the European Fusion Development Agreement model alloys.

This book presents an in-depth empirical analysis of consumer response to alternative policies for energy conservation. Its main focus is on innovative policy instruments that have attracted increasing attention from academics and energy conservation practitioners alike: critical peak pricing, conservation requests, in-home displays, and home energy reports. The book investigates the effects of these policy instruments on residential demand for electricity. The data is drawn from a series of randomized field experiments for the years 2012-2013 in Japan, where serious concerns about power shortages have emerged in the wake of the nuclear disaster in Fukushima. By applying econometric techniques to the quantitative analysis of residential power consumption, the book demonstrates how consumers respond to innovative instruments for energy conservation. It also offers new perspectives on how these instruments can be used more effectively and explores the potential for their practical implementation. This highly informative book is essential reading for energy specialists in both academic and professional contexts.

As industrial, commercial, and residential demands increase and with the rise of privatization and deregulation of the electric energy industry around the world, it is necessary to improve the performance of electric operational management. Intelligent Energy Demand Forecasting offers approaches and methods to calculate optimal electric energy allocation to reach equilibrium of the supply and demand. Evolutionary algorithms and intelligent analytical tools to improve energy demand forecasting accuracy are explored and explained in relation to existing methods. To provide clearer picture of how these hybridized evolutionary algorithms and intelligent analytical tools are processed, Intelligent Energy Demand Forecasting emphasizes on improving the drawbacks of existing algorithms. Written for researchers, postgraduates, and lecturers, Intelligent Energy Demand Forecasting helps to develop the skills and methods to provide more accurate energy demand forecasting by employing novel hybridized evolutionary algorithms and intelligent analytical tools.

Energy in the 21st Century is a valuable source of information for students, decision makers, opinion leaders, and the general public. Oil and natural gas price volatility continue to affect both the supply and demand for energy. Advances in other technologies, such as nuclear, wind, solar, and tidal technology, are altering the comparative economics of competing energy sources. New government policies are changing the landscape of the global energy marketplace.From our reliance on fossil fuels to the quest for new sources of energy, Energy in the 21st Century provides a fact-based analysis of the most prominent energy issues of our time. The fourth edition updates data and includes more discussion of recent advances. Some of the highlights of the fourth edition are expanded discussion of climate change and anthropogenic climate change; the 2015 COP21 Paris Agreement on Climate Change; nuclear fusion reactor prototypes (tokomak ITER and stellarator W7-X); advances in solar thermal and solar photovoltaic power plants, space based solar power, transparent photovoltaic cells, and hybrid solar wind technology; tidal and wave energy converters; oil from algae; the EU Supergrid; the Goldilocks Policy for energy transition and the Grand Energy Bargain.Energy in the 21st Century has been used as the text for the general college student population, as well as energy overview for MBA students. Pedagogical material includes learning objectives at the beginning of each chapter, end of chapter activities, a comprehensive index, a glossary, and an Appendix to help with converting units. Points to Ponder are provided throughout the text and are designed to encourage the reader to consider material from different perspectives.

The purpose of this book is to move beyond the approach which views energy as a purely geopolitical tool of the Russian state and assumes a 'one size fits all' approach to energy security in Central and Eastern Europe (CEE). It argues that in order to fully understand Russian involvement in the regional energy complex, the CEE-Russian energy relationship should be analysed in the context of the political and economic transitions that Russia and the CEE states underwent. The chapters on individual countries in the book demonstrate that, although Russia has and will continue to play a substantial role in the CEE energy sector, the scope of its possible influence has been overstated.