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With world electricity demand expected to double by 2030, the power
sector is under increasing pressure to modernise and rise to the
challenge of meeting global needs. While some countries are
pressing ahead with conventional fossil-fuel based generation as a
means of quickly meeting the needs of their rapidly expanding
economies, in other countries the push for decarbonisation and
diversification of the energy supply mix is beginning to take place
at a rapid pace. The pace of expansion, technological challenges
and political and social objectives are transforming the power
sector. Power: A Practical Handbook is aimed at readers looking for
a single source which focuses on the key issues, with an emphasis
on the practical approach to those issues in the real world. It is
a comprehensive guide to understanding the commercial, economic and
legal principles that underpin the power sector. Topics covered
include significant energy policies in recent years; an explanation
of industry structures and legal frameworks; economic perspectives
on market liberalisation and the regulation of monopoly power
networks; a look at conventional and renewables generation
technologies and the issues arising from those; and smart meters
and smart grids. The book also covers subjects connected to the
development of power projects including financing issues,
construction, operation and maintenance arrangements, fuel supply
agreements, approaches to power offtake, electricity trading and
environmental issues. Edited by Munir Hassan, Partner and Head of
Clean Energy at CMS, and Rajan Phakey, a Partner at Dentons, the
book includes contributions by leading experts from energy
utilities, project developers, lawyers, economists, academics and
financiers.
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