Spot Pricing of Electricity

Spot Pricing of Electricity PDF Author: Fred C. Schweppe
Publisher: Springer Science & Business Media
ISBN: 1461316839
Category : Business & Economics
Languages : en
Pages : 362

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Book Description
There is a need for fundamental changes in the ways society views electric energy. Electric energy must be treated as a commodity which can be bought, sold, and traded, taking into account its time-and space-varying values and costs. This book presents a complete framework for the establishment of such an energy marketplace. The framework is based on the use of spot prices. In general terms: o An hourly spot price (in dollars per kilowatt hour) reflects the operating and capital costs of generating, transmitting and distributing electric energy. It varies each hour and from place to place. o The spot price based energy marketplace involves a variety of utility-customer transactions (ranging from hourly varying prices to long-term, multiple-year contracts), all of which are based in a consistent manner on hourly spot prices. These transactions may include customers selling to, as well as buying from, the utility. The basic theory and practical implementation issues associated with a spot price based energy marketplace have been developed and discussed through a number of different reports, theses, and papers. Each addresses only a part of the total picture, and often with a somewhat different notation and terminology (which has evolved in parallel with our growing experience). This book was xvii xviii Preface written to serve as a single, integrated sourcebook on the theory and imple mentation of a spot price based energy marketplace.

Spot Pricing of Electricity

Spot Pricing of Electricity PDF Author: Fred C. Schweppe
Publisher: Springer Science & Business Media
ISBN: 1461316839
Category : Business & Economics
Languages : en
Pages : 362

Get Book Here

Book Description
There is a need for fundamental changes in the ways society views electric energy. Electric energy must be treated as a commodity which can be bought, sold, and traded, taking into account its time-and space-varying values and costs. This book presents a complete framework for the establishment of such an energy marketplace. The framework is based on the use of spot prices. In general terms: o An hourly spot price (in dollars per kilowatt hour) reflects the operating and capital costs of generating, transmitting and distributing electric energy. It varies each hour and from place to place. o The spot price based energy marketplace involves a variety of utility-customer transactions (ranging from hourly varying prices to long-term, multiple-year contracts), all of which are based in a consistent manner on hourly spot prices. These transactions may include customers selling to, as well as buying from, the utility. The basic theory and practical implementation issues associated with a spot price based energy marketplace have been developed and discussed through a number of different reports, theses, and papers. Each addresses only a part of the total picture, and often with a somewhat different notation and terminology (which has evolved in parallel with our growing experience). This book was xvii xviii Preface written to serve as a single, integrated sourcebook on the theory and imple mentation of a spot price based energy marketplace.

The Power of Change

The Power of Change PDF Author: National Academies of Sciences, Engineering, and Medicine
Publisher: National Academies Press
ISBN: 0309371422
Category : Science
Languages : en
Pages : 341

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Book Description
Electricity, supplied reliably and affordably, is foundational to the U.S. economy and is utterly indispensable to modern society. However, emissions resulting from many forms of electricity generation create environmental risks that could have significant negative economic, security, and human health consequences. Large-scale installation of cleaner power generation has been generally hampered because greener technologies are more expensive than the technologies that currently produce most of our power. Rather than trade affordability and reliability for low emissions, is there a way to balance all three? The Power of Change: Innovation for Development and Deployment of Increasingly Clean Energy Technologies considers how to speed up innovations that would dramatically improve the performance and lower the cost of currently available technologies while also developing new advanced cleaner energy technologies. According to this report, there is an opportunity for the United States to continue to lead in the pursuit of increasingly clean, more efficient electricity through innovation in advanced technologies. The Power of Change: Innovation for Development and Deployment of Increasingly Clean Energy Technologies makes the case that America's advantagesâ€"world-class universities and national laboratories, a vibrant private sector, and innovative states, cities, and regions that are free to experiment with a variety of public policy approachesâ€"position the United States to create and lead a new clean energy revolution. This study focuses on five paths to accelerate the market adoption of increasing clean energy and efficiency technologies: (1) expanding the portfolio of cleaner energy technology options; (2) leveraging the advantages of energy efficiency; (3) facilitating the development of increasing clean technologies, including renewables, nuclear, and cleaner fossil; (4) improving the existing technologies, systems, and infrastructure; and (5) leveling the playing field for cleaner energy technologies. The Power of Change: Innovation for Development and Deployment of Increasingly Clean Energy Technologies is a call for leadership to transform the United States energy sector in order to both mitigate the risks of greenhouse gas and other pollutants and to spur future economic growth. This study's focus on science, technology, and economic policy makes it a valuable resource to guide support that produces innovation to meet energy challenges now and for the future.

Power Cost Normalization Studies, Civilian Power Reactor Program--1959

Power Cost Normalization Studies, Civilian Power Reactor Program--1959 PDF Author: Sargent & Lundy
Publisher:
ISBN:
Category : Nuclear power plants
Languages : en
Pages : 282

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Book Description


Perspective on Power

Perspective on Power PDF Author: Edward Berlin
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 214

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Book Description
A report to the Energy Policy Project of the Ford Foundation.

Understanding Your Utility Bill

Understanding Your Utility Bill PDF Author: United States. Federal Energy Administration
Publisher:
ISBN:
Category : Electric utilities
Languages : en
Pages : 16

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Book Description


The Cost of Counterterrorism

The Cost of Counterterrorism PDF Author: Laura K. Donohue
Publisher: Cambridge University Press
ISBN: 1139469576
Category : Political Science
Languages : en
Pages : 512

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Book Description
In the aftermath of a terrorist attack political stakes are high: legislators fear being seen as lenient or indifferent and often grant the executive broader authorities without thorough debate. The judiciary's role, too, is restricted: constitutional structure and cultural norms narrow the courts' ability to check the executive at all but the margins. The dominant 'Security or Freedom' framework for evaluating counterterrorist law thus fails to capture an important characteristic: increased executive power that shifts the balance between branches of government. This book re-calculates the cost of counterterrorist law to the United Kingdom and the United States, arguing that the damage caused is significantly greater than first appears. Donohue warns that the proliferation of biological and nuclear materials, together with willingness on the part of extremists to sacrifice themselves, may drive each country to take increasingly drastic measures with a resultant shift in the basic structure of both states.

Low-Cost Solar Electric Power

Low-Cost Solar Electric Power PDF Author: Lewis M. Fraas
Publisher: Springer
ISBN: 9783319377872
Category : Technology & Engineering
Languages : en
Pages : 0

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Book Description
This book describes recent breakthroughs that promise major cost reductions in solar energy production in a clear and highly accessible manner. The author addresses the three key areas that have commonly resulted in criticism of solar energy in the past: cost, availability, and variability. Coverage includes cutting-edge information on recently developed 40 efficient solar cells, which can produce double the power of currently available commercial cells. The discussion also highlights the potentially transformative emergence of opportunities for integration of solar energy storage and natural gas combined heat and power systems. Solar energy production in the evening hours is also given fresh consideration via the convergence of low cost access to space and the growing number of large terrestrial solar electric power fields around the world. Dr. Fraas has been active in the development of Solar Cells and Solar Electric Power Systems for space and terrestrial applications since 1975. His research team at Boeing demonstrated the first GaAs/GaSb tandem concentrator solar cell in 1989 with a world record energy conversion efficiency of 35, garnering awards from Boeing and NASA. He has over 30 years of experience at Hughes Research Labs, Chevron Research Co, and the Boeing High Technology Center working with advanced semiconductor devices. In a pioneering paper, he proposed the InGaP/GaInAs/Ge triple junction solar cell predicting a cell terrestrial conversion efficiency of 40 at 300 suns concentration. Having become today’s predominant cell for space satellites, that cell is now entering high volume production for terrestrial Concentrated Photovoltaic (CPV) systems. Since joining JX Crystals, Dr. Fraas has pioneered the development of various thermophotovoltaic (TPV) systems based on the new GaSb infrared sensitive PV cell. Dr. Fraas holds degrees from Caltech (B.Sc. Physics), Harvard (M. A. Applied Physics), and USC (Ph.D. EE).

Pricing in Competitive Electricity Markets

Pricing in Competitive Electricity Markets PDF Author: Ahmad Faruqui
Publisher: Springer Science & Business Media
ISBN: 1461545293
Category : Business & Economics
Languages : en
Pages : 463

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Book Description
Electricity markets are being deregulated or face new regulatory frameworks. In such changing markets, new pricing strategies will need to consider such factors as cost, value of service and pricing by objective. Pricing in Competitive Electricity Markets introduces a new family of pricing concepts, methodologies, models, tools and databases focused on market-based pricing. This book reviews important theoretical pricing issues as well as practical pricing applications for changing electricity markets.

Guide to Nuclear Power Cost Evaluation: Production costs

Guide to Nuclear Power Cost Evaluation: Production costs PDF Author: Kaiser Engineers
Publisher:
ISBN:
Category : Nuclear power plants
Languages : en
Pages : 60

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Book Description


Guide to Nuclear Power Cost Evaluation: Equipment costs

Guide to Nuclear Power Cost Evaluation: Equipment costs PDF Author: Kaiser Engineers
Publisher:
ISBN:
Category : Nuclear power plants
Languages : en
Pages : 140

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Book Description