Energy industries and utilities Books

Book SynopsisWhen André de Ruyter took over as Eskom CEO in January 2020, he quickly realised why it was considered the toughest job in South Africa. Aside from neglected equipment, ageing power stations and an eroded skills base, he discovered that Eskom was crippled by corruption on a staggering scale. Fake fuel oil deliveries at just one power station cost Eskom R100 million per month; kneepads retailing for R150 a pair were purchased for R80 000; billions of rands of equipment supposedly housed in the company’s storerooms was missing. Faced with police inaction, he was compelled to plunge into a world that was foreign to him – a world of spies and safe houses, of bulletproof vests and bodyguards. In Truth to Power, De Ruyter tells the behind-the-scenes story of how he launched a private investigation that exposed at least four criminal cartels feeding off Eskom. While fighting this scourge, he had to deal with political interference, absurd regulations, non-paying municipalities, unfounded accusations of racism, wildcat strikes, sabotage and a poisoning attempt. De Ruyter takes the reader inside the boardrooms and government meetings where South Africa’s future is shaped, with ministers often pulling in conflicting directions. He explains how renewable energy is the cheapest and quickest solution to our power crisis, in spite of fierce opposition from vested coal interests. De Ruyter candidly reflects on his three years at the power utility, his successes and failures, his reasons for leaving and his hopes for the future. As someone who worked at the highest levels of the state but is not beholden to the ruling party, he is uniquely placed to speak truth to power.

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Book SynopsisOil is the lifeblood of the modern world. Without it, there would be no planes, no plastic, no exotic produce, and a global political landscape few would recognise. Humanity’s dependence upon oil looks set to continue for decades to come, but what is it? Fully updated and packed with fascinating facts to fuel dinner party debate, Professor Vaclav Smil's Oil: A Beginner's Guide explains all matters related to the ‘black stuff’, from its discovery in the earth right through to the controversy that surrounds it today.Trade Review'“There is no author whose books I look forward to more than Vaclav Smil" -- Bill Gates'Smil's...ability to condense so much detail on a broad range of topics from science to economics in such a short work is as impressive as his command of the subject matter.' -- Jason P. Theriot - Energy and Environmental consultant'In a fluent, easy style [Smil] delves into the world of oil from its discovery on the ground through to its effect on prices at the petrol pumps, and to its impact on future generations.' * The Good Book Guide *'Everything most people — including most economists and investment advisors — should know about the physics and economics of oil.' * National Post *'A well-balanced, concise, and readable synthesis of oil-related facts and history.' * Technology and Culture *

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Book SynopsisThis is the story of a pioneering Austrian naturalist and iconoclast who pointed the way to a completely new understanding of the vast potential of natural energy. By studying fish in streams and by closely observing the natural water cycle, Viktor Schauberger (18851958) was able to solve basic problems of energy transformation. He saw that modern man, without realizing it, was destroying the earth and sabotaging his own cultures by working against Nature. All the prevailing methods of energy generation - from hydro-electric to nuclear fission - produce harmful long-term effects on the environment and encourage disease. Schauberger had a clear vision of how fertility could be restored to the earth. As an inventor Schauberger developed a number of ingenious machines which would revolutionize farming, horticulture, forestry and aircraft propulsion. He developed water purification systems, and showed how air and water could be harnessed as fuels for many machines. His discovery of implosive energy and diamagnetism had many practical applications, most of which have yet to be developed.Table of ContentsWho was Viktor Schauberger? New Techniques of Water Management Schauberger's Teachings on Water The Life and Death of a Forest Perpetual Motion Implosion and Biosynthesis A Meeting with Hitler Wartime Experiences Biological Techniques in Agriculture Schauberger's Criticism of Science and Society The Final Years Schauberger's Heritage The Spreading Scientific Search Appendix I Contemporary Applications of Vortex Research Appendix II Physics and the Vortex

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Book SynopsisGetting what you want even if you are the boss isn't always easy. Almost every organization, big or small, works among a network of competing interests. Whether it's governments pushing through policies, companies trying to increase profits, or even families deciding where to move house, rarely can decisions be made in isolation from competing interests both within the organization and outside it.In this accessible and straightforward account, Hans de Bruijn and Ernst ten Heuvelhof cast light on multi-stakeholder decision-making. Using plain language, they reveal the nuts and bolts of decision-making within the numerous dilemmas and tensions at work. Drawing on a diverse range of illustrative examples throughout, their perceptive analysis examines how different interests can either support or block change, and the strategies available for managing a variety of stakeholders.The second edition of Management in Networks incorporates a wider spread oTrade Review"In an increasingly interactive world knowledge of how networks operate and evolve, and how they can be managed effectively, is increasingly important to students and practitioners of public administration, public management and public policy. In the first edition of this excellent book, the authors developed the idea of "process management" - contrasting it with other forms of such as "project-based" management – highlighting the advantages of using a process lens as a guide to producing better public sector outcomes. In this thoroughly revised and expanded new edition, the authors continue this pursuit, adding detail and nuance to their analyses of the best (and not-so-good) strategies that can be used to enhance collaboration between public, civil society and other actors in the pursuit of public value and the public good."Burnaby Mountain Chair, Department of Political Science, Simon Fraser University and Professor, Lee Kuan Yew School of Public Policy, National University of Singapore"Management in Networks (second edition) is a fundamental guide for policy makers and managers who wants to consciously decide and act in today’s uncertain and complex world, where all decisions involve many actors, with different values and targets."- Giovanni Azzone, Professor of Management and Rector Emeritus, Politecnico di Milano, ItalyTable of ContentsChapter 1 our interconnected world and what it means for decision and policy makingChapter 2 strategies for making decisions in networks – the processChapter 3 strategies for making decisions in networks – the content Chapter 4 a process, not a projectChapter 5 smart command and controlChapter 6 strategic behaviourChapter 7 trust and rules of the gameChapter 8 processes and content

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Book SynopsisTells the story of the development of artificial light in the nineteenth century. This title reveals the ways that the technology of artificial illumination helped forge modern consciousness. It discusses a range of subject including the political symbolism of street lamps, the rise of night-life and the shop window, and more.

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Book SynopsisThe outrageous sequel to Don't Tell Mum I Work on the Rigs (She Thinks I'm a Piano Player in a Whorehouse) brings more great stories from the far side of civilization - hilarious, full of humour, colourful characters and dramatic action! Just another glorious day in the oilfield for Paul Carter! He's stuck in the middle of the Russian sea on a rig staffed by a crew from Azerbaijan. The choppers are older than him and can only fly by line of sight, turning back regularly due to the weather which gets particuarly interesting when they are past the point of no return with half there fuel gone and they are committed to finding the rig in a fog that's thicker than a Big Brother housemate. The closest thing to a hotel for miles around is the Asylum, a former soviet mental institution that now houses offshore personnel en-route to the rig, where his room mates are Vodka Bob - who drinks Guinness for breakfast when he's not on the rig - Sick Boy, who snores like a pit bull being hot-waxed and Sealbasher. In his inimitable style Paul Carter regales us with his colourful adventures from the front line of thee oil industry and the far side of civilization!Trade ReviewIf you're looking for a rip-roaring, rollicking roster of drunken antics, tropical diseases and bad behaviour, you won't go far wrong. * Amazon reviews *Get ready for loosely connected, bawdy stories about the author and his outrageous friends. Some tales come from the oil rigs Carter worked on, but most take place in bars, where misogynistic alpha males drown themselves in a sea of liquor. How about the one where a bloke with a glass eye pops it into someone's beer, and the crowd waits until the victim quaffs the last ounce to see it staring at him from the bottom of his glass? Carter narrates the audiobook in his working-class Australian accent, loaded with the national vocabulary of 'mates', 'queuing', 'boiled sweets', and 'rubbing one out' (think gas). His rapid narrative style leaves the listener little time to ponder the novel metaphors, similes, and analogies. * Audiofile Magazine *

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Book SynopsisFocusing on the 1990s as a decade of change, all of the collieries and most of the coal fired power stations of that era have now gone. During that decade I made a point of photographing the collieries and power stations, and the trains that moved the coal, and so amassed a large collection of photographs. Being Worksop-based through my railway career, I am able to describe a potted history of Worksop Depot which opened in 1991, commencing with a brief look at the area in the late 1980s and into the 1990s. The run-up to the privatisation of the railways is followed by the new freight companies which brought changes in coal operations, before the wholesale decline in coal production. There are images taken in the Nott's, Derbyshire, Yorkshire, Leicestershire, and Staffordshire coalfields. Brief descriptions of each colliery and power station illustrated are given, with maps to show their location, along with power station track diagrams, tables, and coal plans to show where power station coal originated. The book concludes with a few instances of locations that Worksop-based drivers served.Table of ContentsAcknowledgements; Introduction; 1 Worksop in the 1980s and 1990s: The Decades of Change; 2 Declining UK Coal Production; 3 Nottinghamshire Area Collieries; 4 Derbyshire Area Collieries; 5 Yorkshire Area Collieries; 6 Leicestershire and Staffordshire Area Collieries; 7 Power Stations; 8 Three Days at Worksop; Bibliography.

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Utility providers are under pressure from all sides to reduce costs, while improving availability, reliability, safety and sustainability: and as economies battle to recover from the 2008-2010 recession, utility company spending and results will be under closer scrutiny than ever to deliver more performance for less. This book explores the new techniques which are being used by leading utilities While relevant to everyone regulating, supplying or working in the utility sector, this book is important for us all. As the assets employed by utilities account for 5% of global GDP the cost of replacing our aging utility infrastrucutrue is unaffordable. However, utility services are essential to civilisation. Without clean water, safe sewerage and reliable power, economies collapse and societies are prey to darkness and disease. This book answers the key question of how utilities can select the right goals, organisational design, culture and engineering tools, whch allow them to manage their complex asset bases and deliver truly excellent performance. With 37 case studies and 50 diagrams, it illustrates the snakes and ladders that leading utilities have experienced on the path to excellence.

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Book SynopsisThe Saudi royal family has survived the events of the Arab Spring intact and unscathed. Any major upheavals were ostensibly averted with the help of oil revenues, while the Kingdom's influential clerics conveniently declared all forms of protest to be against Islam. Saudi dollars bent events to the Kingdom's will in the Arab world--particularly in Syria, Yemen and Bahrain, but also in Egypt and Lebanon, Saudi cash has had a profound impact.Does this mean that all is well in Saudi Arabia itself, which has an extremely youthful population ruled by a gerontocracy? Problems endemic in Egypt, Tunisia and Syria--youth unemployment, corruption and repression--are also evident in the Kingdom and while young Saudis may not yet be taking to the streets, on Twitter and Facebook their discontent is manifest.Saudi Arabia remains the dominant player in the Gulf, and the fall of the House of Saud would have explosive repercussions on the GCC while the knock-on effect worldwide would be immeasurable. Saudi Arabia is the only oil exporter capable of acting as a 'swing producer', a fact of which this book reminds us. Aarts and Roelants have drawn a compelling picture of a Middle East power which, while not presently endangered, may soon deviate from the trajectory established by the House of Saud.Trade Review'A lively narrative that conveys a wealth of information in an easily accessible way. Their chapters cover a spectrum of topics including oil, education, the demographic time-bomb ... the "digital explosion" of social media, and the 'two-edged sword of Islam' that permits troublesome clerics to criticise the regime in suitably veiled language.' * Financial Times *'A timely, fascinating, and most importantly multi-faceted insight into the deepening troubles of the kingdom of Saudi Arabia. Essential reading for those seeking greater knowledge of an otherwise opaque and inscrutable polity.' * Christopher Davidson, author of After the Sheikhs: The Coming Collapse of the Gulf Monarchies *

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Trade ReviewAn accessible text with a strong structure that provides a launch pad for further exploration. * Murray Collins, London School of Economics (LSE) *Table of ContentsContents ; Preface ; Acknowledgements ; 1. Fundamentals ; What is energy, and what is power? ; Is most energy that people use derived from nuclear energy? ; What is the origin of nuclear energy? ; What is radioactivity? ; Why is ionizing radiation a health concern? ; What is radioactive half-life, and how can knowing it help increase countries' security? ; How much more energetic is nuclear energy compared to chemical energy? ; Why has it been so difficult to commercialize nuclear fusion? ; How was nuclear fission discovered? ; What role, if any, did Albert Einstein play in the discovery of nuclear energy? ; What is a fission chain reaction? ; What is uranium, where did it come from, and how was it discovered? ; What is plutonium, how was it discovered, and how hazardous is it? ; Why can't nuclear reactors explode like a nuclear bomb? ; What is the nuclear fuel cycle? ; Why are certain activities in the nuclear fuel cycle called <"dual-use>"? ; What are the various uranium enrichment methods? ; What are the nuclear

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Book SynopsisA comprehensive overview of trading and risk management in the energy markets Energy Trading and Risk Management provides a comprehensive overview of global energy markets from one of the foremost authorities on energy derivatives and quantitative finance.Table of ContentsPreface xiii Acknowledgments xxv About the Author xxvii About the Contributors xxix Chapter 1 Energy Markets Fundamentals 1 1.1 Physical Forward and Futures Markets 3 1.2 Spot Market 5 1.3 Intraday Market 10 1.4 Balancing and Reserve Market 10 1.5 Congestion Revenue Rights, Financial Transmission Rights, and Transmission Congestion Contracts 11 1.6 Chapter Wrap-Up 12 References 13 Chapter 2 Quant Models in the Energy Markets: Role and Limitations 15 2.1 Spot Prices 17 2.1.1 Random Walk Jump-Diffusion Model 19 2.1.2 Mean Reversion: Ornstein-Uhlenbeck Process 23 2.1.3 Mean Reversion: Schwartz Type 1 Stochastic Process 25 2.1.4 Mean Reversion with Jumps 25 2.1.5 Two-Factor Model 26 2.1.6 Negative Prices 27 2.2 Forward Prices 28 2.2.1 Forward and Futures Markets 28 2.2.2 Contango and Backwardation 30 2.3 Chapter Wrap-Up 31 References 31 Chapter 3 Plain Vanilla Energy Derivatives 33 3.1 Definition of Energy Derivatives 34 3.2 Global Commodity Exchanges 35 3.3 Energy Derivatives Pricing Models 36 3.4 Settlement 37 3.5 Energy Derivatives Quant Models: Role and Limitations 38 3.6 Options 40 3.6.1 Volatility 42 3.7 Vanilla Options 43 3.7.1 Option Style 44 3.7.2 Exchange-Traded and Over-the-Counter Options 44 3.7.3 In-the-Money, At-the-Money, and Out-of-the-Money Options 45 3.7.4 Put-Call Parity 46 3.8 European Options 47 3.9 American Options 50 3.10 Swaps 52 3.11 Swaps to Futures 54 3.12 Chapter Wrap-Up 54 References 54 Chapter 4 Exotic Energy Derivatives 59 4.1 Asian Options 60 4.1.1 Classes of Asian Options 61 4.1.2 Payoffs of Asian Options 62 4.1.3 Solutions to Asian Options 63 4.1.4 Asian Options in the Energy Markets 63 4.2 Barrier Options 63 4.2.1 Eight Types of Barrier Options 64 4.2.2 Partial Barrier Options 65 4.2.3 Solutions to Barrier Options 66 4.2.4 Barrier Options in the Energy Markets 66 4.3 Digital Options 66 4.3.1 Types of Digital Options 67 4.3.2 Solutions to Digital Options 69 4.3.3 Digital Options in the Energy Markets 69 4.4 Real Options 71 4.4.1 Real Options in the Electric Power Markets 71 4.4.2 Case Study: Real Options in the Oil Markets 72 4.4.3 Limitations of the Real Options Valuation Paradigm 73 4.5 Multiasset Options 74 4.5.1 Pricing Multiasset Options 74 4.6 Spread Options 75 4.6.1 Crack Spreads 76 4.6.2 Spark Spreads 82 4.6.3 Dark Spreads 85 4.7 Perpetual American Options 86 4.7.1 Perpetual American Options in the Power Industry 87 4.8 Compound Options 87 4.8.1 Tolling Agreements: Example of Compound Options in Power Markets 89 4.9 Swaptions 90 4.9.1 Energy Swaptions 91 4.10 Swing Options 92 4.11 Chapter Wrap-Up 94 References 94 Chapter 5 Risk Management and Hedging Strategies 99 5.1 Introduction to Hedging 102 5.2 Price Risk 104 5.3 Basis Risk 107 5.3.1 Basis Risk Case Study 108 5.3.2 Metallgesellchaft Case: Stack and Roll Hedging Disaster 109 5.4 The Option “Greeks” 110 5.5 Delta Hedging 111 5.6 Gamma Hedging 113 5.7 Vega Hedging 115 5.8 Cross-Hedging Greeks 116 5.9 Quant Models Used to Manage Energy Risk: Role and Limitations 116 5.9.1 Regression Analysis 117 5.9.2 Stress Test 120 5.9.3 Value at Risk 123 5.10 Chapter Wrap-Up 124 References 124 Chapter 6 Illustrations of Hedging with Energy Derivatives 127 6.1 Hedging with Futures Contracts 129 6.1.1 Case Studies and Examples: Hedging with Futures Contracts 130 6.1.2 Risks Associated with Hedging with Futures Contracts 138 6.2 Hedging with Forward Contracts 141 6.3 Hedging with Options 143 6.3.1 Case Study: Call Options Used to Set a “Cap” on Gasoline Prices 143 6.3.2 Example: How Power Generators Use Options on Futures to Hedge 144 6.3.3 Example: How End Users Utilize Options on Futures to Hedge 145 6.3.4 Example: How Power Marketers Use Options on Futures to Hedge 145 6.4 Hedging with Swaps 146 6.4.1 Example: Fuel Swap 148 6.4.2 Example: Electricity Swap 149 6.4.3 Case Study: Natural Gas Basis Swap 150 6.5 Hedging with Crack Spread Options 151 6.5.1 Case Study: Hedging with Crack Spread Options 153 6.6 Hedging with Spark Spreads 154 6.6.1 Case Study: Power Producer Uses Spark Spread to Protect Margin 154 6.7 Hedging with Other Energy Derivatives 157 6.8 Chapter Wrap-Up 158 References 158 Chapter 7 Speculation 161 7.1 Convergence of Energy and Financial Markets 162 7.2 Trading Terminology 167 7.3 Energy Products Trading Codes 169 7.4 Futures Trading Symbols: Month Code Abbreviation 170 7.5 Fundamental and Technical Analyses 171 7.6 Trading Tools: Charts and Quotes 173 7.7 Energy Trading Market Participants 176 7.8 Speculation in the Oil Markets 182 7.9 Speculation in the Electricity Markets 184 7.10 Speculation in the Natural Gas Markets 185 7.11 Chapter Wrap-Up 187 References 187 Chapter 8 Energy Portfolios 191 8.1 Modern Portfolio Theory 192 8.2 Energy Portfolio Management 196 8.3 Optimization of Electricity Portfolios 197 8.3.1 Case Study: Economic Load Dispatch of a Portfolio of Gas-fired Power Plants 199 8.4 Optimization of Gas Portfolios 201 8.5 Other Energy Portfolio Management Models 203 8.6 Chapter Wrap-Up 203 References 204 Chapter 9 Hedging Nonlinear Payoffs Using Options: The Case of a New Subsidies Regime for Renewables 207 9.1 Renewable Energy, Options Pricing, and Government Subsidies 209 9.1.1 Power Assets Modeled as a Vanilla Call Option 210 9.1.2 Strike Price of a Wind Turbine 211 9.1.3 Levelized Cost Price of Electricity 211 9.1.4 Wind Turbines’ Competitiveness on the Electricity Market 213 9.2 Government Subsidies as a Stochastic Process 216 9.3 Impact of Embedded Options and Stochastic Subsidies on Pricing and Risk Management 219 9.3.1 Pricing of a Wind Turbine and Subsidies as an Embedded Option 219 9.3.2 Tail Risk and Hedging Options with Options 222 9.4 Chapter Wrap-Up 224 References 225 Chapter 10 Case Study: Hydro Power Generation and Behavioral Finance in the U.S. Pacific Northwest 227 10.1 An Overview of Behavioral Finance 229 10.2 Behavioral Finance in Energy Economics 231 10.3 Power Generation in the Pacific Northwest 232 10.4 Behavioral Financing of Projects in the Pacific Northwest 235 10.5 Northwest Power Planning 239 10.5.1 Resource Availability 239 10.5.2 Resource Cost 239 10.5.3 System Flexibility 240 10.5.4 Cost Effectiveness 241 10.5.5 Transmission 241 10.6 Chapter Wrap-Up 241 Reference 242 Bibliography 243 Index 259

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Book SynopsisA 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.Trade Review“For industry analysts, this blogger included, it’s a brilliant and realistic assessment of the state of affairs and what potential investors should or shouldn’t look to” (Oilholics Synonymous Report, April 2015)Table of ContentsChapter 1 The Mother of All Battles. The Flattening and Globalization of the Energy World 1 Chapter 2 Lessons from the Internet Revolution and the Dotcom Bubble 11 Chapter 3 The 10 Forces that are Flattening the Energy World 31 Chapter 4 Flattener #1 – Geopolitics: The Two Sides of the Energy Security Coin 35 Chapter 5 Flattener #2 – The Energy Reserves and Resources Glut 53 Sorry, No Peak Oil 64 No Peak Gas Either 76 Chapter 6 Flattener #3 – Horizontal Drilling and Fracking 85 Chapter 7 Flattener #4 – The Energy Broadband 103 Chapter 8 Flattener #5 – Overcapacity 117 Chapter 9 Flattener #6 – Globalization, Industrialization, and Urbanization 123 Chapter 10 Flattener #7 – Demand Destruction 131 Chapter 11 Flattener #8 – Demand Displacement 135 The Battle for Transportation Demand 135 The Battle for Electricity and Industrial Demand 148 The Energy Domino 151 Chapter 12 Flattener #9 – Regulation and Government Intervention 159 Regulation vs. Free Markets 160 The War on Pollution and Coal 165 Renewable Energy and the Disinflation of Power Prices 172 Biofuels and Food Inflation 193 Chapter 13 Flattener #10 – Fiscal, Monetary, and Macroeconomic Flatteners 207 The Btu that Broke OPEC’s Back 209 The Oil Tax Weapon 214 Monetary Experiments and the Credit Risk Time Bomb 220 Financial Flows. Let’s Blame the Speculators 232 Chapter 14 Implications and Opportunities in the Financial Markets 245 Concluding Remarks 275 Appendix For a Competitive European Energy Policy 279 Index 289

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Book SynopsisWith twenty-two chapters written by leading international experts, this volume represents the most detailed and comprehensive Handbook on electricity markets ever published.Trade Review'The electricity sector - the backbone of the modern economy - is under tremendous pressure right now. Because of climate change, it is being asked to both grow at a much faster pace than it has historically and, at the same time, fundamentally transform its operations. There is no better time for a comprehensive volume with an all-star list of contributors - hats off to Glachant, Joskow and Pollitt.' -- Catherine Wolfram, University of California, Berkeley, USTable of ContentsContents: 1 Introduction to the Handbook on Electricity Markets 1 Jean-Michel Glachant, Paul L. Joskow and Michael G. Pollitt PART I TAKING STOCK: THE LEGACY 2 Strengths and weaknesses of traditional arrangements for electricity supply 13 Richard Schmalensee 3 Optimal wholesale pricing and investment in generation: the basics 36 Paul L. Joskow and Thomas-Olivier L.autier 4 Wholesale electricity market design 73 Frank A. Wolak 5 The evolution of competitive retail electricity markets 111 Stephen Littlechild 6 Strengths and weaknesses of the British market model 156 David Newbery 7 Strengths and weaknesses of the PJM market model 182 William W. Hogan 8 ERCOT: success (so far) and lessons learned 205 Ross Baldick, Shmuel S. Oren, Eric S. Schubert and Kenneth Anderson 9 Lessons from Australia’s National Electricity Market 1998–2018: strengths and weaknesses of the reform experience 242 Paul Simshauser 10 Strengths and weaknesses of the Nordic market model 287 Chlo. Le Coq and Sebastian Schwenen 11 The evolution of the European model for electricity markets 308 Fabien Roques PART II ADAPTING TO NEW TECHNOLOGIES AND NEW POLICY PRIORITIES 12 New technologies on the supply side 332 Nils May and Karsten Neuhoff 13 New technologies on the demand side 353 Fereidoon Sioshansi 14 Tools and policies to promote decarbonization of the electricity sector 383 Kathryne Cleary, Carolyn Fischer and Karen Palmer 15 Shifting supply as well as demand: the new economics of electricity with high renewables 408 Richard Green 16 The future design of the electricity market 428 Michael G. Pollitt 17 New business models in the electricity sector 443 Jean-Michel Glachant 18 Electrifying transport: issues and opportunities 463 Bentley C. Clinton, Christopher R. Knittel and Konstantinos Metaxoglou 19 Electrification of residential and commercial heating 506 Mathilde Fajardy and David M. Reiner 20 Harnessing the power of integration to achieve universal electricity access: the case for the Integrated Distribution Framework 540 Ignacio J. P.rez-Arriaga, Divyam Nagpal, Gr.goire Jacquot and Robert Stoner 21 Reforming China’s electricity industry: national aspiration, bureaucratic empires, local interests 568 Xu Yi-chong 22 The evolution of electricity sectors in Africa: ongoing obstacles and emerging opportunities to reach universal targets 595 Vivien Foster, Anton Eberhard and Gabrielle Dyson Index 629

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Book SynopsisA 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 STable of ContentsPreface to the First Edition xiii Preface to the Second Edition xv 1 Introduction 1 1.1 Why Competition? 1 1.2 Market Structures and Participants 2 1.2.1 Traditional Model 2 1.2.2 Introducing Independent Power Producers 4 1.2.3 Wholesale Competition 5 1.2.4 Retail Competition 6 1.2.5 Renewable and Distributed Energy Resources 6 1.3 Dramatis Personae 7 1.4 Competition and Privatization 8 1.5 Experience and Open Questions 9 1.6 Problems 10 Further Reading 11 2 Basic Concepts from Economics 13 2.1 Introduction 13 2.2 Fundamentals of Markets 13 2.2.1 Modeling the Consumers 13 2.2.1.1 Individual Demand 13 2.2.1.2 Surplus 14 2.2.1.3 Demand and Inverse Demand Functions 15 2.2.1.4 Elasticity of Demand 18 2.2.2 Modeling the Producers 18 2.2.2.1 Opportunity Cost 18 2.2.2.2 Supply and Inverse Supply Functions 19 2.2.2.3 Producers’ Revenue 20 2.2.2.4 Elasticity of Supply 20 2.2.3 Market Equilibrium 22 2.2.4 Pareto Efficiency 24 2.2.5 Global Welfare and Deadweight Loss 25 2.2.6 Time-varying Prices 26 2.3 Concepts from the Theory of the Firm 27 2.3.1 Inputs and Outputs 27 2.3.2 Long Run and Short Run 27 2.3.3 Costs 30 2.3.3.1 Short-run Costs 30 2.3.3.2 Long-run Costs 32 2.4 Risk 34 2.5 Types of Markets 34 2.5.1 Spot Market 35 2.5.2 Forward Contracts and Forward Markets 35 2.5.3 Futures Contracts and Futures Markets 37 2.5.4 Options 38 2.5.5 Contracts for Difference 39 2.5.6 Managing the Price Risks 40 2.5.7 Market Efficiency 41 2.6 Markets with Imperfect Competition 41 2.6.1 Market Power 41 2.6.2 Monopoly 42 2.7 Problems 43 Further Reading 49 3 Markets for Electrical Energy 51 3.1 What Is the Difference Between a Megawatt-hour and a Barrel of Oil? 51 3.2 Trading Periods 52 3.3 Forward Markets 53 3.3.1 Bilateral or Decentralized Trading 54 3.3.2 Centralized Trading 57 3.3.2.1 Principles of Centralized Trading 57 3.3.2.2 Day-ahead Centralized Trading 59 3.3.2.3 Formulation as an Optimization Problem 60 3.3.2.4 Market Clearing Price 61 3.3.2.5 Recovering the Fixed Costs 63 3.3.3 Comparison of Centralized and Decentralized Trading 67 3.4 Spot Markets 68 3.4.1 Obtaining Balancing Resources 69 3.4.2 Gate Closure 70 3.4.3 Operation of the Spot Market 70 3.4.4 Interactions Between the Spot Market and the Forward Market 72 3.5 The Settlement Process 73 3.6 Problems 75 References 86 Further Reading 86 4 Participating in Markets for Electrical Energy 89 4.1 Introduction 89 4.2 The Consumer’s Perspective 89 4.3 The Retailer’s Perspective 91 4.4 The Producer’s Perspective 98 4.4.1 Perfect Competition 98 4.4.1.1 Basic Dispatch 98 4.4.1.2 Unit Limits 99 4.4.1.3 Piecewise Linear Cost Curves 100 4.4.1.4 No-load Cost 101 4.4.1.5 Scheduling 102 4.4.1.6 Startup Cost 103 4.4.1.7 Operating Constraints 104 4.4.1.8 Environmental Constraints 105 4.4.1.9 Other Economic Opportunities 105 4.4.1.10 Forecasting Errors 105 4.4.2 The Produce Vs Purchase Decision 105 4.4.3 Imperfect Competition 107 4.4.3.1 Bertrand Model 108 4.4.3.2 Cournot Model 109 4.4.3.3 Supply Functions Equilibria 116 4.4.3.4 Agent-Based Modeling 117 4.4.3.5 Experimental Economics 117 4.4.3.6 Limitations of These Models 117 4.5 Perspective of Plants That Do Not Burn Fossil Fuels 117 4.5.1 Nuclear Power Plants 118 4.5.2 Hydroelectric Power Plants 118 4.5.3 Wind and Solar Generation 119 4.5.3.1 Intermittency and Stochasticity 119 4.5.3.2 Government Policies and Subsidies 119 4.5.3.3 Effect on the Markets 120 4.6 The Storage Owner’s Perspective 121 4.6.1 Self-scheduling 121 4.6.2 Centralized Operation 122 4.7 The Flexible Consumer’s Perspective 125 4.7.1 Flexible Demand Vs Storage 125 4.7.2 Remunerating Flexible Demand 126 4.7.3 Implementation Issues 126 4.8 The Neighbor’s Perspective 131 4.9 An Overall Market Perspective 131 4.9.1 Clearing the Market 131 4.9.2 Exercising Market Power 133 4.9.3 Dealing with Market Power 135 4.10 Problems 136 Further Reading 138 5 Transmission Networks and Electricity Markets 141 5.1 Introduction 141 5.2 Decentralized Trading over a Transmission Network 141 5.2.1 Physical Transmission Rights 142 5.2.2 Problems with Physical Transmission Rights 143 5.2.2.1 Parallel Paths 143 5.2.2.2 Example 144 5.2.2.3 Physical Transmission Rights and Market Power 147 5.3 Centralized Trading over a Transmission Network 148 5.3.1 Centralized Trading in a Two-Bus System 148 5.3.1.1 Unconstrained Transmission 149 5.3.1.2 Constrained Transmission 150 5.3.1.3 Congestion Surplus 153 5.3.2 Centralized Trading in a Three-Bus System 155 5.3.2.1 Economic Dispatch 156 5.3.2.2 Correcting the Economic Dispatch 159 5.3.2.3 Nodal Prices 162 5.3.2.4 Congestion Surplus 167 5.3.2.5 Economically Counterintuitive Flows 167 5.3.2.6 Economically Counterintuitive Prices 169 5.3.2.7 More Economically Counterintuitive Prices 171 5.3.2.8 Nodal Pricing and Market Power 171 5.3.2.9 A Few Comments on Nodal Marginal Prices 173 5.3.3 Losses in Transmission Networks 174 5.3.3.1 Types of Losses 174 5.3.3.2 Marginal Cost of Losses 174 5.3.3.3 Effect of Losses on Generation Dispatch 176 5.3.3.4 Merchandising Surplus 178 5.3.3.5 Combining Losses and Congestion 178 5.3.3.6 Handling of Losses Under Bilateral Trading 179 5.3.4 Mathematical Formulation of Nodal Pricing 179 5.3.4.1 Network with a Single Busbar 179 5.3.4.2 Network of Infinite Capacity with Losses 180 5.3.4.3 Network of Finite Capacity with Losses 182 5.3.4.4 Network of Finite Capacity, DC Power Flow Approximation 184 5.3.4.5 AC Modeling 187 5.3.5 Managing Transmission Risks in a Centralized Trading System 188 5.3.5.1 The Need for Network-Related Contracts 188 5.3.5.2 Financial Transmission Rights 189 5.3.5.3 Point-to-Point Financial Transmission Rights 191 5.3.5.4 Flowgate Rights 195 5.4 Problems 195 References 202 Further Reading 202 6 Power System Operation 203 6.1 Introduction 203 6.1.1 The Need for Operational Reliability 203 6.1.2 The Value of Reliability 204 6.1.3 The Cost of Reliability 204 6.1.4 Procuring Reliability Resources 206 6.1.5 Outline of the Chapter 206 6.2 Operational Issues 207 6.2.1 Balancing Issues 207 6.2.1.1 Balancing Resources 210 6.2.1.2 Effect of Generation from Stochastic Renewable Sources 212 6.2.2 Network Issues 212 6.2.2.1 Limits on Power Transfers 212 6.2.2.2 Voltage Control and Reactive Support 214 6.2.2.3 Stability Services 218 6.2.3 System Restoration 218 6.2.4 Market Models Vs Operational Models 219 6.3 Obtaining Reliability Resources 219 6.3.1 Compulsory Provision 219 6.3.2 Market for Reliability Resources 220 6.3.3 System Balancing with a Significant Proportion of Variable Renewable Generation 221 6.3.4 Creating a Level-playing Field 222 6.4 Buying Reliability Resources 223 6.4.1 Quantifying the Needs 223 6.4.2 Co-optimization of Energy and Reserve in a Centralized Electricity Market 224 6.4.3 Allocation of Transmission Capacity Between Energy and Reserve 232 6.4.4 Allocating the Costs 237 6.4.4.1 Who Should Pay for Reserve? 237 6.4.4.2 Who Should Pay for Regulation and Load Following? 238 6.5 Selling Reliability Resources 238 6.6 Problems 243 References 246 Further Reading 247 7 Investing in Generation 249 7.1 Introduction 249 7.2 Generation Capacity from an Investor’s Perspective 249 7.2.1 Building New Generation Capacity 249 7.2.2 Retiring Generation Capacity 255 7.2.3 Effect of a Cyclical Demand 257 7.3 Generation Capacity from the Customers’ Perspective 260 7.3.1 Expansion Driven by the Market for Electrical Energy 261 7.3.2 Capacity Payments 263 7.3.3 Capacity Market 264 7.3.4 Reliability Contracts 265 7.4 Generation Capacity from Renewable Sources 266 7.4.1 The Investors’ Perspective 266 7.4.2 The Consumers’ Perspective 267 7.5 Problems 267 References 269 Further Reading 270 8 Investing in Transmission 271 8.1 Introduction 271 8.2 The Nature of the Transmission Business 272 8.3 Cost-Based Transmission Expansion 273 8.3.1 Setting the Level of Investment in Transmission Capacity 274 8.3.2 Allocating the Cost of Transmission 274 8.3.2.1 Postage Stamp Method 275 8.3.2.2 Contract Path Method 275 8.3.2.3 MW-mile Method 276 8.3.2.4 Discussion 276 8.4 The Arbitrage Value of Transmission 276 8.4.1 The Transmission Demand Function 278 8.4.2 The Transmission Supply Function 280 8.4.3 Optimal Transmission Capacity 281 8.4.4 Balancing the Cost of Constraints and the Cost of Investments 282 8.4.5 Effect of Load Fluctuations 283 8.4.5.1 Load-duration Curve 284 8.4.5.2 Recovery of Variable Transmission Investment Costs 287 8.4.6 Revenue Recovery for Suboptimal Transmission Capacity 288 8.4.7 Economies of Scale 290 8.4.8 Transmission Expansion in a Meshed Network 292 8.4.9 Concept of Reference Network 298 8.4.9.1 Notations 298 8.4.9.2 Problem Formulation 300 8.4.9.3 Implementation 300 8.4.9.4 Considering Other Factors 303 8.5 Other Sources of Value 303 8.5.1 Sharing Reserve 303 8.5.2 Sharing Balancing Capacity 306 8.5.3 Sharing Generation Capacity Margin 308 8.6 Decentralized Transmission Expansion 310 8.6.1 Concept 310 8.6.2 Illustration on a Two-bus System 311 8.7 Non-wires Alternatives for Transmission Expansion 314 8.8 Problems 315 References 316 Further Reading 317 Index 319

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Book SynopsisRevealing how the key fuel of the global era affects the communities where petroleum is extracted, this beautifully written ethnography describes how the Cofán people are surviving at the center of the Ecuadorian oil industry.Trade ReviewCepek's account of the Cofàn people's experiences, their lives literally rooted in some of Amazonia's most contentious and contaminated oil fields, is an extraordinary new testament…an essential addition to our collective library. * American Ethnologist *The book makes for a fascinating read and is refreshing in its writing style . . . it raises important questions of autonomy and self-determination of a people and speaks to critical debates raging at present within the academia. * Conservation and Society *For scholars and students interested in questions of oil, the environment, and indigeneity—or simply curious about what counts as great ethnography and how it might be done—the book is a must-read. * Environment and Society *This book will help lay audiences and introductory students learn about the hydrocarbon industry's impacts on the Ecuadorian Amazon from a heavily Cofán perspective. Scholars of Indigenous Amazonia will appreciate the ethnographic detail regarding the lives of Cofán people and communities. * Journal of Latin American Geography *Cepek's book records the experience of the Cofan People in Ecuador's Aguarico River region for over 25 years, before they knew what this black sticky stuff was, and puts hard fact to the decades long legal battle between Chevron (Texaco) and the locals. It's quite a compelling informative and an unbiased read. * Intentional Paradigms *[P]owerful, moving, and accessible…This book is highly recommended for students learning about indigenous peoples and resource extraction, the ethics of energy, and contemporary life in the Amazon, and should be at the top of everyone's list of ethnographies written for a broader, public audience. * Journal of the Royal Anthropological Institute *Profoundly nuanced and empathetic…Cepek produces one of the more realistic accounts of the effects of oil on everyday life in a community on the frontlines of oil extraction. * Anthropological Quarterly *Life in Oil is an extraordinarily insightful ethnography that stakes out new ground in understanding indigenous life in Amazonia and survival beyond all odds. * HAU: Journal of Ethnographic Theory *[Life in Oil] is a compelling complication of popular anthropological and environmental narratives about the Amazon. It is without doubt a direct refutation of any claim that petroleum operations in Ecuador have caused no harm to the Cofán…This book needs to be read widely, especially outside of anthropology, and outside the classroom...This book pushes open a clearing, and makes a place where outsiders can stop to consider what is happening in the Ecuadorian Amazon. * Journal of Latin American and Caribbean Anthropology *Based on my own research in the region, Cepek’s work is extremely credible. It is rare to have a view of local culture that is so respectful of the importance of individual agency, and so understanding of the diversity of perspectives and practices within an indigenous society. Only with this understanding is it possible to understand ongoing change as the product of adaptive choices...[Life in Oil] is a highly readable book that can be recommended for classroom use. * Bulletin of Latin American Research *Table of Contents A Note on the Photographs A Note on Corporate Actors List of Important Individuals Chapter 1. Black Water Chapter 2. Dureno Chapter 3. The Death of Yori’ye Chapter 4. The Cocama Arrive Chapter 5. Damaged World Chapter 6. Prohibition and Protest Chapter 7. The Possibility of Coexistence Chapter 8. Life in Oil Acknowledgments Notes Glossary Works Cited Index

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Book SynopsisToday’s electric power companies compete to provide cleaner electricity. That’s a good thing, but progress has come with costs, especially for communities reliant on the coal industry. Thomas McGarity examines the changes of recent decades and offers ideas for building a more sustainable grid while easing the economic downsides of coal’s demise.Trade ReviewIn revealing many encouraging emission reductions by the electric power industry, Thomas O. McGarity shows what citizen action, regulation, and competition can contribute to expanding energy efficiencies and renewables like solar and wind. This book is a well-documented, eye-opening antidote to the ‘doom and gloom’ enveloping so many concerned people. -- Ralph Nader, author of Breaking through Power: It’s Easier than We ThinkPollution, Politics, and Power is a tour de force, analyzing environmental regulation of the power industry over the last half-century. With unmatched mastery, McGarity illuminates the current policy debates by placing them in their historical context, with a bull’s-eye on coal. -- Richard Lazarus, author of The Making of Environmental LawHistorians of all stripes will find much to value in Tom McGarity’s impressive new book…a masterful history of the industry’s recent past…Scholars will benefit greatly from McGarity’s exceedingly useful and easy-to-understand treatment of the byzantine regulations governing the power sector…Will likely stand as the definitive recent history of the electricity industry and rapidly declining fortunes of coal, setting the standard for anyone writing on these topics. -- William Boyd * Technology and Culture *

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Book SynopsisJohannes Urpelainen provides an expert guide to India’s energy and environmental issues that incorporates both domestic and global perspectives. He details how unequal economic development and rapid population growth have brought the country to its current state.Trade ReviewUrpelainen provides a social and historical context for the development of India’s environment and energy policy since independence. Not many books do this in an approachable manner, and hence Energy and Environment in India is a welcome intervention. The book convincingly makes the case that meeting India’s growing energy needs sustainably is central to maintaining the global carbon budget. -- Kaushik Deb, Columbia UniversityUrpelainen’s analysis addresses two of 21st century India’s most entrenched, interrelated policy and political challenges: expanding energy access while also protecting a fragile environment. The volume, which deftly situates these problems within their complex social, political, and historical settings, will be equally valuable for researchers, students, and policymakers. -- Sunila S. Kale, University of WashingtonThe book convincingly argues that to produce fair, equitable, and sustainable outcomes for almost two billion Indians, the country must strive for a sustainable future through democratic norms. It’s a great reference book to understand India’s domestic issues and its role in the global energy and environment politics. * The Hindu *An excellent model through which we might argue for the utility of history in environment and energy policy. * H-Environment *Table of ContentsIntroduction1. Foundations and History2. Economic Growth and Environmental Degradation3. Governance and Policy4. Flexing Muscle in Global Environmental Politics5. The Future of Energy and Environment in IndiaNotesBibliographyIndex

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Book SynopsisInspired by the fortunes and misfortunes of the Getty family, whose most extraordinary and troubled episode the kidnap and ransom of grandson Paul Getty is now a major motion picture, directed by Ridley Scott, from a screenplay written by David Scarpa and starring Michelle Williams, Christopher Plummer and Mark Wahlberg.When sixteen-year-old Paul Getty was kidnapped, the news exploded worldwide. But his grandfather, J. Paul Getty, the richest living American, refused to pay the ransom, oblivious to his sufferings. And as the days dragged painfully on, it was Paul's distraught but determined mother Gail who was left to negotiate with his captorsIn this full biography of the Getty family, John Pearson traces the creation of their phenomenal wealth and the ways in which it has touched and tainted the lives of various generations. Packed with colourful characters, bitter feuds and unexpected turns, it is a riveting insight into the lives of the super-rich.Previously published as PainfullTrade Review‘An absorbing read’ Kirkus

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Book SynopsisCovers various aspects of getting electricity from the source to user via the power grid. This book includes renewable and distributed energy developments, international regulatory compliance issues with coverage of IEC standards, and key conversions to US based standards and terminologies.Trade Review"Surely the most comprehensive tome ever published on the subject. Transmission and Distribution Electrical Engineering should be weighing down the bookshelves of all engineers, manufacturers and contractors involved with transmission and distribution networks." --Electrical Review "Colin Bayliss should be applauded for producing... a book that presents a comprehensive range of subjects that would give the young engineer a good base knowledge of transmission and distribution electrical engineering and to help him or her to be a useful member of a project team." --Power Engineering Journal "The challenges today for those undertaking transmission and distribution system new build projects, existing system extensions, or refurbishment and life extension of older equipment, are as great as ever … Leading, as I do, the transmission and distribution business of international and well recognised engineering consultancy Mott MacDonald, I see this book as being useful to clients and contractors as well as others such as industry regulators, environmentalists, and government officials. This book enables those in the field of transmission and distribution electrical engineering to have a well founded understanding of the key principles, the methodologies and current best practice." --Peter Black, Director, Mott MacDonald LimitedTable of Contents1: System Studies 2: Drawings and Diagrams 3: Substation Layouts 4: Substation Auxiliary Power Supplies 5: Current and Voltage Transformers 6: Insulators 7: Substation Building Services 8: Earthing and Bonding 9: Insulation Co-ordination 10: Relay Protection 11: Fuses and Miniature Circuit Breakers 12: Cables 13: Switchgear 14: Power Transformers 15: Substation and Overhead Line Foundations 16: Overhead Line Routing 17: Structures, Towers and Poles 18: Overhead Line Conductor and Technical Specifications 19: Testing and Commissioning 20: Electromagnetic Compatibility 21: Supervisory Control and Data Acquisition 22: Project Management 23: Distribution Planning 24: Power Quality- Harmonics in Power Systems 25: Power Quality - Voltage Fluctuations 26: High Voltage Direct Current Transmission 27: Smart Grids 28: Fundamentals

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Table of Contents1. Introduction of Wind Energy Integration Issues2. AC machine modeling3. Modeling of Doubly Fed Induction Generation (DFIG) converter control4. Unbalanced DFIG Analysis5. State-space based DFIG Wind Energy System Modeling6. Frequency-domain based DFIG Wind Energy Systems Modeling7. Multi-machine modeling and inter-area oscillation damping

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Book SynopsisTable of Contents1. Introduction PART I: HEAT ENGINES 2. A Minimum of Thermodynamics and of the Kinetic Theory of Gases 3. Mechanical Heat Engines 4. Ocean Thermal Energy Converters 5. Thermoelectricity 6. Thermionics 7. AMTEC 8. Radio-Noise Generators PART II: THE WORLD OF HYDROGEN 9. Fuel Cells 10. Hydrogen Production 11. Hydrogen Storage PART III: ENERGY FROM THE SUN 12. Solar Radiation 13. Biomass 14. Photovoltaic Converters PART IV: WIND AND WATER 15. Wind Energy 16. Ocean Engines PART V: LAND AND BEYOND 17. Nuclear Energy 18. Storage of Energy

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Book SynopsisTable of Contents1. Introduction 2. The Physical and Chemical Properties of Petroleum 3. Methods of Exploration 4. The Subsurface Environment 5. Generation and Migration of Petroleum 6. The Reservoir 7. Traps and Seals 8. Sedimentary Basins and Petroleum Systems 9. Nonconventional Petroleum Resources 10. Conclusions

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Book SynopsisMichael J. Economides is professor of engineering at the University of Houston. His work focuses on optimizing hydrocarbon production from reservoir to market. A leading energy analyst, he is editor-in-chief of Energy Tribune and the Journal of Natural Gas Science and Engineering.   A. Daniel Hill is professor in the Harold Vance Department of Petroleum Engineering at Texas A&M University, holds the R.L. Whiting endowed chair, and is a Distinguished Member of the Society of Petroleum Engineers (SPE).   Christine Ehlig-Economides is professor in the Harold Vance Department of Petroleum Engineering at Texas A&M University and holds the A.B. Stevens endowed chair. She is a member of the U.S. National Academy of Engineering.   Ding Zhu, is associate professor in the Harold Vance Department Table of Contents Foreword Preface About the Authors Chapter 1: The Role of Petroleum Production Engineering Chapter 2: Production from Undersaturated Oil Reservoirs Chapter 3: Production from Two-Phase Reservoirs Chapter 4: Production from Natural Gas Reservoirs Chapter 5: Production from Horizontal Wells Chapter 6: The Near-Wellbore Condition and Damage Characterization; Skin Effects Chapter 7: Wellbore Flow Performance Chapter 8: Flow in Horizontal Wellbores, Wellheads, and Gathering Systems Chapter 9: Well Deliverability Chapter 10: Forecast of Well Production Chapter 11: Gas Lift Chapter 12: Pump-Assisted Lift Chapter 13: Well Performance Evaluation Chapter 14: Matrix Acidizing: Acid/Rock Interactions Chapter 15: Sandstone Acidizing Design Chapter 16: Carbonate Acidizing Design Chapter 17: Hydraulic Fracturing for Well Stimulation Chapter 18: The Design and Execution of Hydraulic Fracturing Treatments Chapter 19: Sand Management Appendix A: Appendix B: Appendix C: Index

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Book Synopsis“A sprawling story richly textured with original material, quirky details and amusing anecdotes . . .” —Wall Street Journal“It is a cause for celebration that Yergin has returned with his perspective on a very different landscape . . . [I]t is impossible to think of a better introduction to the essentials of energy in the 21st century. The Quest is . . . the definitive guide to how we got here.” —The Financial TimesThis long-awaited successor to Daniel Yergin’s Pulitzer Prize-winning The Prize provides an essential, overarching narrative of global energy, the principal engine of geopolitical and economic changeA master storyteller as well as a leading energy expert, Daniel Yergin continues the riveting story begun in his Pulitzer Prize–winning book, The Prize. In The Quest, Yergin shows us how energy is an engine of global political and economic c

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Book SynopsisAn investigation into the influential and fiercely private corporation traces the period between the Exxon Valdez accident and the Deepwater Horizion spill to profile chief executives Lee Raymond and Rex Tillerson as well as the company''s role in violent international incidents. By the Pulitzer Prize-winning author of The Bin Ladens. Simultaneous.

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Book SynopsisThe wind power development policy community faces a conundrum. On the one hand, as the most commercially viable form of utility-scale renewable energy, the wind power industry has experienced in excess of ten-fold growth in total installed capacity over the past decade. On the other hand, installed wind power capacity still accounts for less than 2% of global electricity-generation capacity, despite the prevalence of studies indicating that, in certain situations, wind power can be a cheaper form of electricity than most fossil fuel alternatives. Accordingly, the most puzzling aspect of wind power development policy can be summed up in the following manner: given the global imperative to facilitate an expedient transition away from CO2-intensive energy technologies and the commercial viability of wind power, what is stopping the wind power industry from capturing higher market shares around the world?In Wind Power Politics and Policy, Scott Valentine examines this question from two angles. First, it presents an analysis of social, technical, economic and political (STEP) barriers which research shows tends to stymie wind power development. Case studies which examine phlegmatic wind power development in Japan, Taiwan, Australia and Canada are presented in order to demonstrate to the reader how these barriers manifest themselves in practice. Second, the book presents an analysis of STEP catalysts which have been linked to successful growth of wind power capacity in select nations. Four more case studies that examine the successful development of wind power in Denmark, Germany, the USA and China are put forth as practical examples of how supportive factors conflate to produce conditions that are conducive to growth of wind power markets. By examining its impediments and catalysts, the book will provide policymakers with insight into the types of factors that must be effectively managed in order to maximize wind power development.Trade ReviewIf you must choose only one book to help understand the dynamics and potential of wind power in the contemporary energy mix, this is it. Valentine provides a succinct overview of the technologies and issues facing the sector and detailed cases studies of countries such as Germany, Denmark Canada, Japan, China and the United States which show the factors and variables which have resulted in some of these countries being world leaders in wind power and others laggards. This is a first class work, engaging and readable yet detailed and sophisticated in its approach and findings * Professor Michael Howlett, Simon Fraser University, Author of Designing Public Policy: Principles and Instruments *Climate change can no longer be denied. Humanity has to act quickly and decisively to deal with it and mitigate its impact. We have to give up our addiction to fossil fuel and find alternative power sources. Surprisingly, little attention has been paid to wind power as a viable alternative. Scott Valentine's book therefore could not be more timely and more relevant for a planet in peril. He explains lucidly how wind power can give us new hope * Professor Kishore Mahbubani, National University of Singapore, former President of the UN Security Council, Author of The Great Convergence: Asia, the West, and the Logic of One World *As the climate change crisis makes clear, the transition to clean energy is the challenge of this century. An important component of a renewal energy mix will be wind power. But there is nothing certain about this development. This book helps us sort out the complex issues associated with this important source of renewable energy. I highly recommend it * Professor Frank Fischer, Professor, Rutgers University, Author of Reframing Public Policy: Discursive Politics and Deliberative Practices *The book describes a dilemma wrapped in a paradox. The paradox is that the world needs to decarbonize its electricity sector, yet clean and competitive wind power is struggling. That creates the dilemma: will the world embrace the opportunity to generate carbon-free electricity and address the changing climate or will it continue on its unsustainable path forward? Scott Valentine's book explains the electricity resource choices made by six influential nations. The history of wind power development in these nations is explained through a Political SET framework which provides comprehensive insight into forces that either enable or bar wind power development. This book provides a clear idea of what must be managed in order for wind power development to meet its potential in a timely manner * Professor Marilyn Brown, Georgia Institute of Technology, Author of Climate Change and Global Energy Security: Technology and Policy Options, 2007 Nobel Laureate *Table of ContentsTable of Contents ; CHAPTER 1 INTRODUCTION: THE GLOBAL IMPERATIVE ; 1.1 THE GLOBAL IMPERATIVE ; 1. 2 ENERGY AND THE GLOBAL IMPERATIVE ; 1. 3 ELECTRICITY AND THE GLOBAL IMPERATIVE ; 1.3.1 Electricity Generation Technologies ; 1.3.2 The Dynamics of Electricity Prices ; 1.4 ENERGY MARKET CHANGE & INDUSTRIALIZED NATIONS ; 1.4.1 Convergence and Alternative Energy ; 1.4.2 The Need for Speed ; 1.5 ENERGY MARKET CHANGE & DEVELOPING NATIONS ; 1.5.1 Economic Considerations ; 1.5.2 Economic Security Considerations ; 1.5.3 Economic Empowerment ; 1.5.4 Social Considerations ; 1.5.5 The Need for Speed ; 1.6 WHEN FORCES FOR SPEED MEET THE NEED FOR SPEED ; 1.7 THE DICHOTOMY OF ALTERNATIVE ENERGY ; 1.8 OBJECTIVES AND OUTLINE OF THIS BOOK ; CHAPTER 2: UNDERSTANDING WIND POWER SYSTEMS ; 2.1 THE IMPORTANCE OF UNDERSTANDING WIND POWER SYSTEMS ; 2.2 FEATURES OF WIND POWER SYSTEMS ; 2.2.1 Main Components of a Wind System ; 2.2.2 Innovation and Cost ; 2.2.3 Delivering Wind Power to the Grid ; 2.3 WIND POWER MANAGEMENT CHALLENGES ; 2.3.1 The Challenge of Matching Supply and Demand ; 2.3.2 Stochastic flows ; 2.4 ENVIRONMENTAL CONCERNS AND REALITIES ; 2.5 IMPAIRMENT OF EXISTING COMMUNITY ENDOWMENTS ; 2.5.1 Separating Perception from Fact ; 2.5.2 Perceptions Improve ; 2.5.3 Aesthetic Concerns Overshadow All Others ; 2.5.4 Beyond NIMBY Opposition ; 2.5.5 Overall Lessons in Regard to Community Opposition ; 2.5.6 Government Agency Opposition ; 2.6 IMPAIRMENT OF EXISTING ECOSYSTEMS ; 2.6.1 Bird Mortality ; 2.6.2 The Challenge of Estimating Bird Mortality ; 2.6.3 Degradation of Animal Habitat ; 2.6.4 Offshore Wind Farms and Ecological Concerns ; 2.6.5 The Importance of Environmental Impact Assessments ; 2.6.6 Aesthetics ; 2.7 CONCLUSION ; CHAPTER 3: THE POLICY SET MODEL ; 3.1 THE VALUE OF A COMMON ANALYTICAL FRAMEWORK ; 3.2 THE SEAMLESS WEB ; 3.3 COMPLEX ADAPTIVE MARKET THEORY IN WIND POWER MARKET ANALYSIS ; 3.4 STEP ANALYSIS ; 3.5 THE POLITICAL SET MODEL ; 3.6 THE POLITICAL SET MODEL AND THE CASE STUDIES ; 3.7 TYING THEORY TO THE POLITICAL SET MODEL ; Chapter 4: Wind Power in Denmark ; 4.1 INTRODUCTION ; 4.2 AN OVERVIEW OF ELECTRICITY GENERATION IN DENMARK ; 4.3 HISTORY OF WIND POWER DEVELOPMENT IN DENMARK ; 4.4 UNDERSTANDING THE GENERAL FORCES FOR CHANGE ; 4.4.1 Socio-Cultural Landscape ; 4.4.2 Economic landscape ; 4.4.3 Technological landscape ; 4.5 INFLUENCES ON GOVERNMENT POLICY ; 4.5.1 Socio-Cultural a Political ; 4.5.2 Economic a Political ; 4.5.3 Technological a Political ; 4.6 POLITICAL INFLUENCES ON POLICY ; 4.6.1 National political structure ; 4.6.2 Governing party ideology ; 4.6.3 Fiscal health ; 4.6.4 Policy regime ; 4.7 THE CULMINATION OF INFLUENCES ; 4.8 WHAT TO EXPECT GOING FORWARD ; Chapter 5: Wind Power in Germany ; 5.1 INTRODUCTION ; 5.2 AN OVERVIEW OF ELECTRICITY GENERATION IN GERMANY ; 5.3 HISTORY OF WIND POWER DEVELOPMENT IN GERMANY ; 5.4 UNDERSTANDING THE GENERAL FORCES FOR CHANGE ; 5.4.1 Socio-Cultural Landscape ; 5.4.2 Economic landscape ; 5.4.3 Technological landscape ; 5.5 INFLUENCES ON GOVERNMENT POLICY ; 5.5.1 Socio-Cultural a Political ; 5.5.2 Economic a Political ; 5.5.3 Technological a Political ; 5.6 POLITICAL INFLUENCES ON POLICY ; 5.6.1 National political structure ; 5.6.2 Governing party ideology ; 5.6.3 Fiscal health ; 5.6.4 Policy regime ; 5.7 THE CULMINATION OF INFLUENCES ; 5.8 WHAT TO EXPECT GOING FORWARD ; Chapter 6: Wind Power in China ; 6.1 INTRODUCTION ; 6.2 AN OVERVIEW OF ELECTRICITY GENERATION IN CHINA ; 6.3 HISTORY OF WIND POWER DEVELOPMENT IN CHINA ; 6.4 UNDERSTANDING THE GENERAL FORCES FOR CHANGE ; 6.4.1 Socio-Cultural Landscape ; 6.4.2 Economic landscape ; 6.4.3 Technological landscape ; 6.5 INFLUENCES ON GOVERNMENT POLICY ; 6.5.1 Socio-Cultural a Political ; 6.5.2 Economic a Political ; 6.5.3 Technological a Political ; 6.6 POLITICAL INFLUENCES ON POLICY ; 6.6.1 National political structure ; 6.6.2 Governing party ideology ; 6.6.3 Fiscal health ; 6.6.4 Policy regime ; 6.7 THE CULMINATION OF INFLUENCES ; 6.8 WHAT TO EXPECT GOING FORWARD ; Chapter 7: Wind Power in the United States ; 7.1 INTRODUCTION ; 7.2 AN OVERVIEW OF ELECTRICITY GENERATION IN THE USA ; 7.3 HISTORY OF WIND POWER DEVELOPMENT IN THE USA ; 7.4 UNDERSTANDING THE GENERAL FORCES FOR CHANGE ; 7.4.1 Socio-Cultural Landscape ; 7.4.2 Economic landscape ; 7.4.3 Technological landscape ; 7.5 INFLUENCES ON GOVERNMENT POLICY ; 7.5.1 Socio-Cultural a Political ; 7.5.2 Economic a Political ; 7.5.3 Technological a Political ; 7.6 POLITICAL INFLUENCES ON POLICY ; 7.6.1 National political structure ; 7.6.2 Governing party ideology ; 7.6.3 Fiscal health ; 7.6.4 Policy regime ; 7.7 THE CULMINATION OF INFLUENCES ; 7.7.1 Political a Socio-cultural ; 7.7.2 Political a Economic ; 7.7.3 Political a Technological ; 7.8 WHAT TO EXPECT GOING FORWARD ; Chapter 8: Wind Power in Canada ; 8.1 INTRODUCTION ; 8.2 AN OVERVIEW OF ELECTRICITY GENERATION IN CANADA ; 8.3 HISTORY OF WIND POWER DEVELOPMENT IN CANADA ; 8.4 UNDERSTANDING THE GENERAL FORCES FOR CHANGE ; 8.4.1 Socio-Cultural Landscape ; 8.4.2 Economic landscape ; 8.4.3 Technological landscape ; 8.5 INFLUENCES ON GOVERNMENT POLICY ; 8.5.1 Socio-Cultural a Political ; 8.5.2 Economic a Political ; 8.5.3 Technological a Political ; 8.6 POLITICAL INFLUENCES ON POLICY ; 8.6.1 National political structure ; 8.6.2 Governing party ideology ; 8.6.3 Fiscal health ; 8.6.4 Policy regime ; 8.7 THE CULMINATION OF INFLUENCES ; 8.7.1 Political a Socio-cultural ; 8.7.2 Political a Economic ; 8.7.3 Political a Technological ; 8.8 WHAT TO EXPECT GOING FORWARD ; Chapter 9: Wind Power in Japan ; 9.1 INTRODUCTION ; 9.2 AN OVERVIEW OF ELECTRICITY GENERATION IN JAPAN ; 9.3 HISTORY OF WIND POWER DEVELOPMENT IN JAPAN ; 9.4 UNDERSTANDING THE GENERAL FORCES FOR CHANGE ; 9.4.1 Socio-Cultural Landscape ; 9.4.2 Economic landscape ; 9.4.3 Technological landscape ; 9.5 INFLUENCES ON GOVERNMENT POLICY ; 9.5.1 Socio-Cultural a Political ; 9.5.2 Economic a Political ; 9.5.3 Technological a Political ; 9.6 POLITICAL INFLUENCES ON POLICY ; 9.6.1 National political structure ; 9.6.2 Governing party ideology ; 9.6.3 Fiscal health ; 9.6.4 Policy regime ; 9.7 THE CULMINATION OF INFLUENCES ; 9.7.1 Political a Socio-cultural ; 9.7.2 Political a Economic ; 9.7.3 Political a Technological ; 9.8 WHAT TO EXPECT GOING FORWARD ; Chapter 10: Strategic Control over Wind Power Development Policy ; 10.1 INTRODUCTION ; 10.2 INFLUENTIAL SOCIAL FACTORS ; 10.3 INFLUENTIAL TECHNOLOGICAL FACTORS ; 10.4 INFLUENTIAL ECONOMIC FACTORS ; 10.5 INFLUENTIAL POLITICAL FACTORS ; 10.6 CONCLUDING THOUGHTS ; Chapter 11: Applied Policymaking ; 11.1 POLICY FORMULATION ; 11.2 UNDERSTANDING SYSTEM DYNAMICS ; 11.2.1 Economics is Still King ; 11.2.2 Chain Reactions Can Be Partially Managed ; 11.2.3 Favorable Conditions Still Need to Be Managed ; 11.2.4 First Mover Advantages Exist ; 11.2.4 Public Opposition Trumps Economic Impediments at High Levels of Installed Capacity ; 11.3 POLICY IMPLEMENTATION AND MONITORING ESSENTIALS ; 11.3.1 Malleability ; 11.3.2 Transparency and Broad Participation ; 11.3.3 Strategic Balance ; 11.3.4 Evolutionary Mindset ; 11.4 AVENUES OF FURTHER RESEARCH AND CONCLUSION

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Book SynopsisA city is more than a massing of citizens, a layout of buildings and streets, or an arrangement of political, economic, and social institutions. This book explores this infrastructure of ideas through an examination of the development of the first successful waterworks systems in Philadelphia, Boston, and Chicago between the 1790s and 1860s.Trade Review"City Water, City Life is a gem of a book, a tightly focused meditation on the antebellum city's 'infrastructure of ideas.' By masterfully compressing myriad period sources, Carl Smith makes major contributions to our understanding of American society and culture." (Harold Platt, Loyola University Chicago)"

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Book SynopsisA city is more than a massing of citizens, a layout of buildings and streets, or an arrangement of political, economic, and social institutions. By examining the place of water in the nineteenth-century consciousness, the author illuminates how city dwellers perceived themselves during the great age of American urbanization.Trade Review"A fascinating history of the ideas about nature, health, citizenship, and time that informed the construction of some of America's earliest and greatest water systems. By demonstrating that our urban aqueducts are built out of ideas as much as bricks and mortar, Smith ensures that a simple glass of water will never seem so simple again." (Michael Rawson, author of Eden on the Charles: The Making of Boston) "City Water, City Life is a gem of a book, a tightly focused meditation on the antebellum city's 'infrastructure of ideas.' By masterfully compressing myriad period sources, Smith makes major contributions to our understanding of American society and culture." (Harold Platt, Loyola University Chicago) "A crucially important new chapter in US urban history. With impeccable research, Smith seamlessly synthesizes nineteenth-century issues of politics, engineering, finance, aesthetics, law, and medicine-all focused on the creation of water systems in three major cities and all coalescing around the idea of the greater good of the public at large." (Cecelia Tichi, Vanderbilt University)"

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Book SynopsisAccelerating energy innovation could be an important part of an effective response to the threat of climate change. This book explores the role that public and private policy have played in enabling - and sustaining - swift innovation in a variety of industries, from agriculture and the life sciences to information technology.

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Book SynopsisWe remember Thomas Edison as the inventor of the incandescent light bulb, but he deserves credit for something much larger, an even more singular invention that profoundly changed the way the world works: the modern electric utility industry. Edison's light bulb was the first to work within a system where a utility generated electricity and distributed it to customers for lighting. The story of how electric utilities went within one generation from prototype to an indispensable part of most Americans' lives is a story about the relationships between political and technological change. John L. Neufeld offers a comprehensive historical treatment of the economics that shaped electric utilities. Compared with most industries, the organization of the electric utility industry is not and cannot be economically efficient. Most industries are kept by law in a state of fair competition, but the capital necessary to start an electric company generators, transmission and distribution systems, and

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Book SynopsisGasoline prices are high and rapidly climbing. Oil and natural gas reserves are dwindling, while demand is poised to skyrocket, as developing nations around the world lead their citizens into the modern energy economy. This book cuts through the hype, alarmism, and confusion to give us an account of where we are, and a map of where we're going.Trade Review"Scott L. Montgomery has written a much-needed book about global energy for a general nonfiction audience. He approaches the issue with humanistic nuance and offers a refreshing voice of clarity and composure on this topic." -Saleem H. Ali, author of Treasures of the Earth: Need, Greed, and a Sustainable Future"

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Book SynopsisThe near meltdown in 1979 at Three Mile Island, America, created a crisis of confidence over safety nuclear power industry. This work analyzes how the industry stabilized itself through a complete transformation in the safety standards, operation and management of nuclear facilities in America.

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Book SynopsisIntroduces the concepts of emergy and transformity. This book presents the natural energies such as solar radiation and the cycling of water, carbon, nitrogen, and oxygen diagrammed in terms of energy and emergy flow. It also reveals the similarities between human economic and social systems and the ecosystems of the natural world.Trade ReviewGet a rare, fresh, enlightening glimpse of the Big Picture of our environmental and energy problems... Highly recommended. ChoiceTable of Contents1. This World System 2. Systems Networks and Metabolism 3. Energy Laws and Maximum Power 4. Energy Hierarchy and Natural Value 5. Energy and Planet Earth 6. Energy and Ecosystems 7. Empower Basis for Society 8. Structure Information and Evolution 9. Energy and Economics 10. Energetic Organization of Society 11. Energetic Basis for Religion 12. Partnership with Nature 13. Climax and Descent 14. Formulas for Energy Systems Modules

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Book SynopsisThis book identifies the interrelationship between security and profit that better describes China’s energy-security policy.Trade ReviewOystein Tunsjo has scored an important coup with his book. His work clearly demonstrates the interaction of strategic and market elements in Beijing's thirsty search for energy reserves. Tunsjo presents a realistic analysis of China's strategic maritime and economic situation. His book is a valuable resource for academics and security policy makers. -- Bernard D. Cole, National War College Numerous questions about China's energy security have been raised: in China's energy decision making, is the government or energy companies more influential? Are the 'going out' activities of China's energy companies driven by strategy or profit? The existing answers can be categorized into 'the former one,' 'the latter one,' or 'both.' Creatively and cleverly applying hedging theory, Oystein Tunsjo offers deeper and more persuasive answers. He contributes an utterly new perspective and opens up a new field for China's energy studies. His book will impose long-lasting effects on China's energy security research. -- Wang Haibin, senior economist and research manager of Sinochem Oil Oystein Tunsjo has made an important contribution to the existing literature on China's energy policies. -- Sudha Mahalingam H-AsiaTable of ContentsList of Maps Acknowledgments List of Abbreviations Glossary 1. Introduction 2. China's Energy Security: A New Framework for Analysis 3. China's Domestic Energy Sector 4. The Global Search for Petroleum 5. Safeguarding China's Seaborne Petroleum Supplies 6. China's Continental Petroleum Strategy 7. Global 8. Conclusion Notes Bibliography Index

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Book SynopsisJim Krane takes readers inside the monarchies to consider the conundrum facing the Gulf states. He traces the history of their energy use and policies, looking in particular at how energy subsidies have distorted demand.Trade ReviewBravo to Jim Krane for his thoughtful and well-researched book that explains the important roles oil has played in the domestic economies and internal politics of the Persian Gulf states, and the hard choices they will have to make as they try to wean their citizens from a troubling reliance on it. -- James A. Baker, sixty-first U.S. secretary of state under President George H.W. BushJim Krane’s compelling narrative provides a ringside view of the economic and social transformation underway in the Gulf region. His realism leaves you in no doubt as to the scale of the challenge and the new politics rising to meet it. -- David Hobbs, head of research, King Abdullah Petroleum Studies and Research Center, RiyadhIs it possible that oil exports from Gulf countries could be seriously threatened by skyrocketing demand in domestic consumption? In his scintillating book, Jim Krane offers a probing analysis of how these oil-rich nations are grappling with the lavish energy subsidies that are intrinsic to their political stability and modern state building. -- Sophia Kalantzakos, New York University/NYU Abu DhabiJim Krane is a marvelous storyteller, and his book provides one of the best views of the world of oil as lived by everyday Arab Persian Gulf citizens, not just policy wonks. In the process, he gores a few sacred cows of academia, like the rentier state theory or the condescending dismissal of local Gulf achievements. The book is a must for all who have an interest in the impact energy has on the societies of the Gulf—and, by extension, on ours. -- Jean-François Seznec, senior fellow at the Global Energy Center, the Atlantic CouncilPerhaps never before has the energy industry played such a pivotal role in the world’s economic, geopolitical, and environmental future. At the heart of it all is the Persian Gulf region. Energy Kingdoms is a timely take on the challenges and complexities faced by the leaders of the Persian Gulf kingdoms, as well as the knock-on effects for the rest of the world. It is a meaningful contribution to our understanding of and response to those challenges. -- Bobby Tudor, chairman, Tudor, Pickering, Holt & Co.Krane tackles a central question for the Gulf monarchies: can rulers reduce subsidies, amending the ‘rentier’ social contract, without losing popular support? While prevailing wisdom has long assumed the answer is “no,” Krane makes a convincing case that such adaptation is not just necessary but also possible. Deftly combining journalistic flair with scholarly rigor, Energy Kingdoms is essential reading for anyone interested in the political and economic future of the Gulf states. -- Gerd Nonneman, Georgetown University–QatarA fascinating look at the double-edged sword that is the Gulf monarchies' greatest resource. * Science *A concise history of the region’s oil and gas boom and its consequences with an illuminating critique of the two main political science theories that have attempted to explain what oil riches mean for the region’s politics. -- Justin Fox * Bloomberg Opinion *Energy Kingdoms should be an essential read for anybody concerned about the future of the Gulf. * Arab News *Energy Kingdoms is an outstanding work for those wanting to better understand the Gulf Arab oil-producing states. -- John Bowlus * Energy Reporters *Ultimately, the clarity of the book's central arguments and its well-researched economic analysis make it unmissable for anyone interested in the Gulf's political and economic future. * Petroleum Economist *Energy Kingdoms is obviously relevant for any researcher interested in energy policy in the GCC, but it also delivers insights for those interested in related energy policy contexts beyond the region. Krane weaves the history, characters, culture, geopolitics, and domestic politics into a rich and insightful story about how these states evolved and the quandaries they now face. * Energy Journal *Energy Kingdoms offers a superb panorama of the political economies of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. . . Essential. * Choice *Energy Kingdoms is a must read for anyone wanting to understand oil and political economy in the Gulf. For those without a background in the area, Krane’s use of jargon is minimal and the concepts he develops easy to understand. * Middle East Journal *Table of ContentsAcknowledgmentsIntroduction1. Before Oil2. The Oil Age Arrives3. The Big Payback4. From Energy Poverty to Energy Extremism5. Unnaturally Cool6. We Have a Serious Problem7. Iran and Dubai Lead the Way8. Shifting Gears in Saudi Arabia9. The Politics of ReformConclusion: The Climate HedgeNotesIndex

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Book SynopsisJim Krane takes readers inside the monarchies to consider the conundrum facing the Gulf states. He traces the history of their energy use and policies, looking in particular at how energy subsidies have distorted demand.Trade ReviewBravo to Jim Krane for his thoughtful and well-researched book that explains the important roles oil has played in the domestic economies and internal politics of the Persian Gulf states, and the hard choices they will have to make as they try to wean their citizens from a troubling reliance on it. -- James A. Baker, sixty-first U.S. secretary of state under President George H.W. BushJim Krane’s compelling narrative provides a ringside view of the economic and social transformation underway in the Gulf region. His realism leaves you in no doubt as to the scale of the challenge and the new politics rising to meet it. -- David Hobbs, head of research, King Abdullah Petroleum Studies and Research Center, RiyadhIs it possible that oil exports from Gulf countries could be seriously threatened by skyrocketing demand in domestic consumption? In his scintillating book, Jim Krane offers a probing analysis of how these oil-rich nations are grappling with the lavish energy subsidies that are intrinsic to their political stability and modern state building. -- Sophia Kalantzakos, New York University/NYU Abu DhabiJim Krane is a marvelous storyteller, and his book provides one of the best views of the world of oil as lived by everyday Arab Persian Gulf citizens, not just policy wonks. In the process, he gores a few sacred cows of academia, like the rentier state theory or the condescending dismissal of local Gulf achievements. The book is a must for all who have an interest in the impact energy has on the societies of the Gulf—and, by extension, on ours. -- Jean-François Seznec, senior fellow at the Global Energy Center, the Atlantic CouncilPerhaps never before has the energy industry played such a pivotal role in the world’s economic, geopolitical, and environmental future. At the heart of it all is the Persian Gulf region. Energy Kingdoms is a timely take on the challenges and complexities faced by the leaders of the Persian Gulf kingdoms, as well as the knock-on effects for the rest of the world. It is a meaningful contribution to our understanding of and response to those challenges. -- Bobby Tudor, chairman, Tudor, Pickering, Holt & Co.Krane tackles a central question for the Gulf monarchies: can rulers reduce subsidies, amending the ‘rentier’ social contract, without losing popular support? While prevailing wisdom has long assumed the answer is “no,” Krane makes a convincing case that such adaptation is not just necessary but also possible. Deftly combining journalistic flair with scholarly rigor, Energy Kingdoms is essential reading for anyone interested in the political and economic future of the Gulf states. -- Gerd Nonneman, Georgetown University–QatarA fascinating look at the double-edged sword that is the Gulf monarchies' greatest resource. * Science *A concise history of the region’s oil and gas boom and its consequences with an illuminating critique of the two main political science theories that have attempted to explain what oil riches mean for the region’s politics. -- Justin Fox * Bloomberg Opinion *Energy Kingdoms should be an essential read for anybody concerned about the future of the Gulf. * Arab News *Energy Kingdoms is an outstanding work for those wanting to better understand the Gulf Arab oil-producing states. -- John Bowlus * Energy Reporters *Ultimately, the clarity of the book's central arguments and its well-researched economic analysis make it unmissable for anyone interested in the Gulf's political and economic future. * Petroleum Economist *Energy Kingdoms is obviously relevant for any researcher interested in energy policy in the GCC, but it also delivers insights for those interested in related energy policy contexts beyond the region. Krane weaves the history, characters, culture, geopolitics, and domestic politics into a rich and insightful story about how these states evolved and the quandaries they now face. * Energy Journal *Energy Kingdoms offers a superb panorama of the political economies of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. . . Essential. * Choice *Energy Kingdoms is a must read for anyone wanting to understand oil and political economy in the Gulf. For those without a background in the area, Krane’s use of jargon is minimal and the concepts he develops easy to understand. * Middle East Journal *Table of ContentsAcknowledgmentsIntroduction1. Before Oil2. The Oil Age Arrives3. The Big Payback4. From Energy Poverty to Energy Extremism5. Unnaturally Cool6. We Have a Serious Problem7. Iran and Dubai Lead the Way8. Shifting Gears in Saudi Arabia9. The Politics of ReformConclusion: The Climate HedgeNotesIndex

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Book SynopsisDaniel Raimi gives a balanced and accessible view of oil and gas development, clearly and thoroughly explaining the key issues surrounding the shale revolution. The Fracking Debate provides the evidence and context that have so frequently been missing from discussion of the future of oil and gas production.Trade ReviewIn this fair and unbiased book, filled with firsthand accounts and written in a gritty style appropriate for the topic at hand, Raimi explores the technology, the regulation, and the socioeconomic outcomes of shale energy development. Holistic in its range and robust in its depth, The Fracking Debate provides a nuanced but accessible understanding of the shale revolution. -- Thomas B. Murphy, Pennsylvania State UniversityTable of ContentsAcknowledgments1. Introduction2. What Is Fracking?3. Does Fracking Contaminate Water?4. Will Fracking Make Me Sick?5. Does Fracking Cause Earthquakes?6. Is There Any Regulation on Fracking?7. Is Fracking Good or Bad for Climate Change?8. Will Fracking Make the United States Energy Independent?9. Is Fracking Good for the Economy?10. Will Fracking Spread Around the World?11. Do People Living Near Fracking Love It or Hate It?12. What’s Next?NotesIndex

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Book SynopsisDaniel Raimi gives a balanced and accessible view of oil and gas development, clearly and thoroughly explaining the key issues surrounding the shale revolution. The Fracking Debate provides the evidence and context that have so frequently been missing from discussion of the future of oil and gas production.Trade ReviewIn this fair and unbiased book, filled with firsthand accounts and written in a gritty style appropriate for the topic at hand, Raimi explores the technology, the regulation, and the socioeconomic outcomes of shale energy development. Holistic in its range and robust in its depth, The Fracking Debate provides a nuanced but accessible understanding of the shale revolution. -- Thomas B. Murphy, director, Penn State Marcellus Center for Outreach and ResearchThe Fracking Debate cuts through the thicket of questions and viewpoints surrounding the shale revolution with balanced evidence and insight delivered through engaging stories. It’s a refreshing ride—refreshing because you get the clear sense you are learning with the author as he seeks the truth about the shale boom. -- Richard Newell, president and CEO, Resources for the FutureRaimi’s book offers the most balanced, honest, and comprehensive account of fracking available, telling the story from all sides. Readers will appreciate the personal accounts from Raimi’s travels to far-flung oil fields coupled with in-depth yet accessible analysis of the science, regulations, and politics of the U.S. oil and gas boom. -- Hannah Wiseman, Florida State University College of LawDepending on who’s saying it, ‘fracking’ signifies either a blessing or curse. In truth, it’s both. Raimi methodically explores the risks and rewards of a technical revolution that has made the United States the largest producer of oil and gas in the world once again. A thoughtful and accessible look at a highly contentious and generally misunderstood subject. -- Mark S. Brownstein, Environmental Defense FundThe Fracking Debate is the most user-friendly resource on the key policy questions around hydraulic fracturing I have come across. Raimi tackles all of the hot-button topics surrounding fracking—including whether fracking contaminates water or contributes to climate change—concisely and in plain language easily accessible to lay persons. The Fracking Debate belongs on the bookshelf of every local elected official and state legislator who is grappling with hydraulic fracturing. -- Matthew Lepore, director, Colorado Oil and Gas Conservation CommissionA deft, fair analysis that clarifies the issues for both the general public and concerned policy makers. * Kirkus Reviews (starred review) *At a time when everything from an otherwise unremarkable scientific report to a seemingly innocuous news item can be subject to intense scrutiny and mistrust, The Fracking Debate, a balanced guide to the contentious discussion on fracking, is a welcome resource. * Science *[Raimi] brings a distinctively objective approach to the text, taking care to accurately represent all positions on the issue. . . . Will serve quite well in the classroom; for advanced courses in exploration geology or petroleum engineering, the text will be a valuable supplement to technical texts, providing excellent material for discussion. * Choice *A well-rounded refresher and a fine primer for anybody new to the debate, or for those simply seeking more information. * Natural Gas Intelligence Shale Daily *Read it. Rarely do books about essentially technical energy matters marshal arcane data and peer-reviewed research so digestibly. * Petroleum Economist *A worthy addition to the literature. * Civil Engineering *If you can’t make oilfield visits a part of your next vacation, reading Raimi’s book, The Fracking Debate: The Risks, Benefits, and Uncertainties of the Shale Revolution, is the next best thing. Part of the Center on Global Energy Policy Series, The Fracking Debate can be regarded as the definitive book about fracking and the impact of the shale revolution—a revolution that has allowed U.S. natural gas production to reach all-time highs and reinvigorated domestic oil production. -- Jason Zasky * Failure Magazine *Thumbs up for a masterful book on a highly polarizing topics that resonates around our industry. . . . This is an excellent bookand a highly recommended read. * Leading Edge *Table of ContentsAcknowledgments1. Introduction2. What Is Fracking?3. Does Fracking Contaminate Water?4. Will Fracking Make Me Sick?5. Does Fracking Cause Earthquakes?6. Is There Any Regulation on Fracking?7. Is Fracking Good or Bad for Climate Change?8. Will Fracking Make the United States Energy Independent?9. Is Fracking Good for the Economy?10. Will Fracking Spread Around the World?11. Do People Living Near Fracking Love It or Hate It?12. What’s Next?NotesIndex

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Book SynopsisJohannes Urpelainen provides an expert guide to India’s energy and environmental issues that incorporates both domestic and global perspectives. He details how unequal economic development and rapid population growth have brought the country to its current state.Trade ReviewUrpelainen provides a social and historical context for the development of India’s environment and energy policy since independence. Not many books do this in an approachable manner, and hence Energy and Environment in India is a welcome intervention. The book convincingly makes the case that meeting India’s growing energy needs sustainably is central to maintaining the global carbon budget. -- Kaushik Deb, Columbia UniversityUrpelainen’s analysis addresses two of 21st century India’s most entrenched, interrelated policy and political challenges: expanding energy access while also protecting a fragile environment. The volume, which deftly situates these problems within their complex social, political, and historical settings, will be equally valuable for researchers, students, and policymakers. -- Sunila S. Kale, University of WashingtonThe book convincingly argues that to produce fair, equitable, and sustainable outcomes for almost two billion Indians, the country must strive for a sustainable future through democratic norms. It’s a great reference book to understand India’s domestic issues and its role in the global energy and environment politics. * The Hindu *An excellent model through which we might argue for the utility of history in environment and energy policy. * H-Environment *Table of ContentsIntroduction1. Foundations and History2. Economic Growth and Environmental Degradation3. Governance and Policy4. Flexing Muscle in Global Environmental Politics5. The Future of Energy and Environment in IndiaNotesBibliographyIndex

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Book Synopsis- Profiling the history of the US in the Middle East and the impact oil has had on its international politics. - Supporting new technologies, the author argues oil-independence will save hundreds of thousands of lives of soldiers - The author is a US Marine Lt. Colonel (retired) and former mayor of IndianapolisTable of ContentsAcknowledgmentsMoving Away from Oil: Why Now?1. What is the Situation? 2. The Military Side 3. What Are the Costs? 4. How Did We Get to This Point? 5. What Is the Technology Today—and What Does the Future Hold? 6. What Would Happen? 7. What Should We Do Now? 8. A Final ThoughtAppendix A: Congressional Donations Data Appendix B: Price of a Barrel of Oil, 1986-2015 Appendix C: Even the Saudis Know Appendix D: How Did We Get Here?Selected Bibliography

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Book SynopsisThe economic and political aspects of energy subsidies, viewed both theoretically and empirically, with a focus on fossil fuel subsidies in developing nations.Government subsidies to energy are widespread and represent a heavy burden on public budgets in many countries. Both producers and consumers may be subsidized; the most common subsidies are for motor fuel consumption and electricity production and consumption. The subsidies to consumers often prove particularly harmful because they result in increased energy consumption, increased carbon emissions, and distortionary effects on consumer behavior. This book fills a void in the literature by providing a first, broad and diverse, analysis of several aspects of the economic and political economy aspects of government energy subsidies. The contributors take both theoretical and empirical approaches, with most of the focus on subsidies to fuel and electricity in non-OECD countries.The chapters cover such topics as energ

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Book SynopsisA comprehensive textbook that integrates tools from technology, economics, markets, and policy to approach energy issues using a dynamic systems and capital-centric perspective.The global energy system is the vital foundation of modern human industrial society. Traditionally studied through separate disciplines of engineering, economics, environment, or public policy, this system can be fully understood only by using an approach that integrates these tools. This textbook is the first to take a dynamic systems perspective on understanding energy systems, tracking energy from primary resource to final energy services through a long and capital-intensive supply chain bounded by both macroeconomic and natural resource systems.The book begins with a framework for understanding how energy is transformed as it moves through the system with the aid of various types of capital, its movement influenced by a combination of the technical, market, and policy conditions at the time.

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Book SynopsisExplores, in poetry and photographs, the effects of the natural gas boom and fracking in the small towns, fields, and forests of Appalachian Pennsylvania.Trade Review“A collage of voices, drawing in the testimonies of activists, residents, industry lawyers, and workers. Kasdorf explores the nuances and tensions of her home state without allowing any one perspective to dominate.”—Rosa Furneaux Mother Jones“The long sleep of the Appalachians has been dramatically interrupted by the sudden discovery of the Marcellus Shale. This book helps us see and understand what that has meant for the region. It's a classic tale, with echoes of the region's past—and deep implications for the planet's future.”—Bill McKibben,author of The End of Nature“Rarely have I read a work that so strongly, profoundly, and empathically characterizes the history of a region through those who have labored hardest to make a decent life in a beautiful yet ravaged land. These polyvocal poems are rooted in a documentary sensibility but lift into higher registers of aesthetic experience, and along with the arresting photographs, they juxtapose the beautiful and the ugly, the natural and the industrial, the tracks of labor on the land and in the faces of the residents.”—Alison Hawthorne Deming,author of Stairway to Heaven: Poems“For nearly fifty years, my wife and I have lived in Armstrong County, Pennsylvania, a beautiful place but one with few well-paying jobs. Combine that scarcity of jobs with fracking and a gerrymandered state legislature in the pocket of extractive industries (Pennsylvania, for example, has been the only state without an extraction tax for gas). That’s the situation described by Kasdorf and Rubin in Shale Play, a powerful book about not just central Pennsylvania but much of Appalachia.”—Ed Ochester,editor of the Pitt Poetry Series“Coming on the heels of Eliza Griswold’s well-received nonfiction book Amity and Prosperity that focused on the Haney family of Washington County, and with the news that State Attorney General Josh Shapiro is conducting a criminal investigation into similar complaints of fracking related health-issues, Shale Play adds a thoughtfully complex dimension to an issue that’s far from being resolved to anyone’s liking.”—Fred Shaw Pittsburgh Current“Shale Play draws attention to what is routinely overlooked. Elegant and impassioned, it is a superb work of political and environmental art.”—Nicholas Bradley Journal of Mennonite Studies“To read the poems and look at the photos of Shale Play is to realize the complexity of American dependence on fossil fuels, the multiple sharp edges to ‘no dependence on foreign oil,’ and the complicity—and responsibility—of us all.”—Melanie Zuercher Mennonite Life“An exceptional amalgam of imagery, poetry, politics, history, and humanity.”—Jessica Cory Appalachian Heritage

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Book SynopsisPresents a concise and timely history of energy production, trade, and consumption in the Nordic world, starting with a review of the regional energy mix - from wind, solar, tide and wave, geothermal, biomass, nuclear, coal, and gas sources.

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