Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Electricity Pricing in Transition PDF full book. Access full book title Electricity Pricing in Transition by Ahmad Faruqui. Download full books in PDF and EPUB format.
Author: Ahmad Faruqui Publisher: Springer Science & Business Media ISBN: 1461508339 Category : Business & Economics Languages : en Pages : 372
Book Description
Electricity Pricing In Transition is written to address the new issues facing utilities, retailers, regulators, and customers in the changing electricity market. It is organized into five sections. Section I deals with the new restructured organization that has emerged from yesterday's vertically integrated, regulated monopoly company. Section II deals with issues in competitive pricing. Section III reviews the role of demand response and product design in today's chaotic marketplace. Given the single importance of California's energy crisis and the fact that it will be studied for years to come, Section IV is devoted to studying the lessons learned from this crisis. The final section of the book deals with markets and regulations. This book will provide practitioners with guidance on how to avoid the major pitfalls in pricing electricity while the market is in transition by drawing upon the insights and lessons learned from the experience of others that are documented in this book.
Author: Ahmad Faruqui Publisher: Springer Science & Business Media ISBN: 1461508339 Category : Business & Economics Languages : en Pages : 372
Book Description
Electricity Pricing In Transition is written to address the new issues facing utilities, retailers, regulators, and customers in the changing electricity market. It is organized into five sections. Section I deals with the new restructured organization that has emerged from yesterday's vertically integrated, regulated monopoly company. Section II deals with issues in competitive pricing. Section III reviews the role of demand response and product design in today's chaotic marketplace. Given the single importance of California's energy crisis and the fact that it will be studied for years to come, Section IV is devoted to studying the lessons learned from this crisis. The final section of the book deals with markets and regulations. This book will provide practitioners with guidance on how to avoid the major pitfalls in pricing electricity while the market is in transition by drawing upon the insights and lessons learned from the experience of others that are documented in this book.
Author: Vaclav Smil Publisher: Bloomsbury Publishing USA ISBN: 031338178X Category : Science Languages : en Pages : 190
Book Description
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.
Author: Eric Hirst Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
Abstract The US electric-utility industry is in the midst of major changes. These changes include deintegration of the industry and substantial increases in competition. A major consequence of these changes is the exposure of transition costs. These costs, which amount to $100-$200 billion nationwide, reflect the differences between regulated prices for electricity generation and the prices that might occur in fully competitive power markets. The large financial stakes, equivalent to nearly the total value of US electric-utility common stock, guarantee controversy. Debates occur over transition-cost amounts; analytical and market methods to estimate these costs; the assets and liabilities to include in such calculations; the assumptions used in developing these estimates; approaches that can be used to offset some of these costs; the allocation of the remaining costs among utility shareholders, different classes of retail customers, independent power producers and other wholesale suppliers, and taxpayers; and appropriate cost-recovery mechanisms.
Author: Shalanda Baker Publisher: Island Press ISBN: 1642830674 Category : Political Science Languages : en Pages : 226
Book Description
In September 2017, Hurricane Maria hit Puerto Rico, completely upending the energy grid of the small island. The nearly year-long power outage that followed vividly shows how the new climate reality intersects with race and access to energy. The island is home to brown and black US citizens who lack the political power of those living in the continental US. As the world continues to warm and storms like Maria become more commonplace, it is critical that we rethink our current energy system to enable reliable, locally produced, and locally controlled energy without replicating the current structures of power and control. In Revolutionary Power, Shalanda Baker arms those made most vulnerable by our current energy system with the tools they need to remake the system in the service of their humanity. She argues that people of color, poor people, and indigenous people must engage in the creation of the new energy system in order to upend the unequal power dynamics of the current system. Revolutionary Power is a playbook for the energy transformation complete with a step-by-step analysis of the key energy policy areas that are ripe for intervention. Baker tells the stories of those who have been left behind in our current system and those who are working to be architects of a more just system. She draws from her experience as an energy-justice advocate, a lawyer, and a queer woman of color to inspire activists working to build our new energy system. Climate change will force us to rethink the way we generate and distribute energy and regulate the system. But how much are we willing to change the system? This unique moment in history provides an unprecedented opening for a deeper transformation of the energy system, and thus, an opportunity to transform society. Revolutionary Power shows us how.
Author: Alena Bleicher Publisher: Academic Press ISBN: 0128235543 Category : Technology & Engineering Languages : en Pages : 258
Book Description
The Material Basis of Energy Transitions explores the intersection between critical raw material provision and the energy system. Chapters draw on examples and case studies involving energy technologies (e.g., electric power, transport) and raw material provision (e.g., mining, recycling), and consider these in their regional and global contexts. The book critically discusses issues such as the notion of criticality in the context of a circular economy, approaches for estimating the need for raw materials, certification schemes for raw materials, the role of consumers, and the impact of renewable energy development on resource conflicts. Each chapter deals with a specific issue that characterizes the interdependency between critical raw materials and renewable energies by examining case studies from a particular conceptual perspective. The book is a resource for students and researchers from the social sciences, natural sciences, and engineering, as well as interdisciplinary scholars interested in the field of renewable energies, the circular economy, recycling, transport, and mining. The book is also of interest to policymakers in the fields of renewable energy, recycling, and mining, professionals from the energy and resource industries, as well as energy experts and consultants looking for an interdisciplinary assessment of critical materials. Provides a comprehensive overview of key issues related to the nexus between renewable energy and critical raw materials Explores interdisciplinary perspectives from the natural sciences, engineering, and social sciences Discusses critical strategies to address the nexus from a practitioner's perspective
Author: Publisher: ISBN: 9789294661449 Category : Languages : en Pages :
Book Description
EU gas and electricity prices have increased rapidly over the last few months and reached unprecedented levels. While the recent energy price dynamics reflect current market conditions and have little to do with the future energy transition, they provide an opportunity to reflect on the most appropriate electricity market design to support this transition. As a reaction to the recent price surges, calls have been made by different stakeholders, including some national governments, to introduce changes in the electricity market design. Some of these proposals could be interpreted as calling for the 'pay-as-cleared' pricing approach in the wholesale day-ahead electricity market to be replaced by some version of the 'pay-as-bid' method. This Policy Brief also assesses how consumers could be protected from the impact of wholesale price volatility on their energy bills and how best to protect vulnerable consumers from higher energy prices without depriving them of the opportunity to participate in electricity markets to offer their valuable flexibility, and which instruments can best ensure resource adequacy in the context of the future energy transition.
Author: Mr. Serhan Cevik Publisher: International Monetary Fund ISBN: Category : Business & Economics Languages : en Pages : 22
Book Description
European power markets are in the midst of unprecedented changes, with a record-breaking surge in energy prices.This paper investigates the impact of green power resources on the level and volatility of wholesale electricity prices at a granular level, using monthly observations for a panel of 24 European countries over the period 2014–2021 and alternative estimation methods including a panel quantile regression approach. We find that renewable energy is associated with a significant reduction in wholesale electricity prices in Europe, with an average impact of 0.6 percent for each 1 percentage points increase in renewable share. We also find evidence for a nonlinear effect—that is, higher the share of renewables, the greater its effect on electricity prices. On the other hand, while quantile estimation results are mixed with regards to the impact of renewables on the volatility of electricity prices, we obtain evidence that renewable energy has a negative effect on volatility at the highest quantiles. Overall, our analysis indicates that policy reforms can help accelerate the green transition while minimizing the volatility in electricity prices.
Author: Publisher: ISBN: Category : Languages : en Pages : 72
Book Description
Transition costs are the potential monetary losses that electric- utility shareholders, ratepayers, or other parties might experience because of structural changes in the electricity industry. Regulators, policy analysts, utilities, and consumer groups have proposed a number of strategies to address transition costs, such as immediately opening retail electricity markets or delaying retail competition. This report has 3 objectives: identify a wide range of strategies available to regulators and utilities; systematically examine effects of strategies; and identify potentially promising strategies that may provide benefits to more than one set of stakeholders. The many individual strategies are grouped into 6 major categories: market actions, depreciation options, rate-making actions, utility cost reductions, tax measures, and other options. Of the 34 individual strategies, retail ratepayers have primary or secondary responsibility for paying transition costs in 19 of the strategies, shareholders in 12, wheeling customers in 11, taxpayers in 8, and nonutility suppliers in 4. Most of the strategies shift costs among different segments of the economy, although utility cost reductions can be used to offset transition costs. Most of the strategies require cooperation of other parties, including regulators, to be implemented successfully; financial stakeholders must be engages in negotiations that hold the promise of shared benefits. Only by rejecting ''winner-take-all'' strategies will the transition-cost issue be expeditiously resolved.
Author: Douglas Arent Publisher: Oxford University Press ISBN: 0198802242 Category : Business & Economics Languages : en Pages : 631
Book Description
A volume on the political economy of clean energy transition in developed and developing regions, with a focus on the issues that different countries face as they transition from fossil fuels to lower carbon technologies.
Author: Manfred Hafner Publisher: Springer Nature ISBN: 3030390667 Category : Political Science Languages : en Pages : 398
Book Description
The world is currently undergoing an historic energy transition, driven by increasingly stringent decarbonisation policies and rapid advances in low-carbon technologies. The large-scale shift to low-carbon energy is disrupting the global energy system, impacting whole economies, and changing the political dynamics within and between countries. This open access book, written by leading energy scholars, examines the economic and geopolitical implications of the global energy transition, from both regional and thematic perspectives. The first part of the book addresses the geopolitical implications in the world’s main energy-producing and energy-consuming regions, while the second presents in-depth case studies on selected issues, ranging from the geopolitics of renewable energy, to the mineral foundations of the global energy transformation, to governance issues in connection with the changing global energy order. Given its scope, the book will appeal to researchers in energy, climate change and international relations, as well as to professionals working in the energy industry.
Author: Ahmad Faruqui
Author: Ahmad Faruqui
Author: Vaclav Smil
Author: Eric Hirst
Author: Shalanda Baker
Author: Alena Bleicher
Author: 
Author: Mr. Serhan Cevik
Author: 
Author: Douglas Arent
Author: Manfred Hafner