Energy industries and utilities Books

Book SynopsisRegulating Shale Gas discusses the regulatory context of shale gas in the European Union and draws conclusions on the EU's broader approach towards the regulation of new technologies. Providing the first dedicated examination of the overall regulatory context of shale gas in the EU, Leonie Reins reveals how the EU's new constitutional setup after the Lisbon Treaty has complicated rather than facilitated the EU's quest for a common energy policy. Shale gas has already transformed the energy outlook in the United States, but despite high expectations, exploration has failed to take off fully in the EU. This book investigates the reasons for this failure, as well as other related developments impacting both energy and environmental law, by highlighting the essential elements of coherent regulation of technologies. It further analyses other cross-cutting issues relating to the environmental and energy supply security challenges and offers insights into the regulation of the different sectors and the most topical developments. The regulation of shale gas is set to become an increasingly important issue, receiving attention of energy and environmental legal scholars, politicians and industry worldwide. This book will also appeal to legal practitioners seeking expertise in the law and policy of shale gas extraction in the EU.Trade Review'In this book, Dr. Leonie Reins skillfully analyzes EU shale gas regulation, and compares it to the regulation of carbon capture and storage and nanotechnology. In addition, she masterfully places shale gas regulation in the context of the EU energy policy. Rather than limiting herself to identifying deficiencies, Dr. Reins moves carefully through the regulatory and policy maze, with much eye for detail and nuance, to develop an insightful legal and policy account. Interestingly, she believes that a new regulatory 'principle of conservatism' may be in the making, which would provide the EU with 'an excuse for regulation.' Irrespective of whether that is true, there is no excuse for not reading her intriguing analysis.' --Lucas Bergkamp, Hunton & Williams LLPTable of ContentsContents: I: Introduction – A Research Agenda for Shale Gas in the European Union 2. In Search of the Legal Basis for Energy and Environmental Regulation at the EU Level: The Case of Unconventional Gas Extraction and its Impacts on a Common European Energy Policy 3. Regulation of Technology Versus Technology of Regulation – Risk and Regulatory Design of “New” Technologies in the European Union- Lessons for and from Shale Gas 4. Conclusion

Read more less

Book SynopsisWorld Statistics on Mining and Utilities 2016 provides a unique biennial overview of the role of mining and utility activities in the world economy. This extensive resource from UNIDO provides detailed time series data on the level, structure and growth of international mining and utility activities by country and sector. Country level data is clearly presented on the number of establishments, employment and output of activities such as: coal, iron ore and crude petroleum mining as well as production and supply of electricity, natural gas and water.This unique and comprehensive source of information meets the growing demand of data users who require detailed and reliable statistical information on the primary industry and energy producing sectors. The publication provides internationally comparable data to economic researchers, development strategists and business communities who influence the policy of industrial development and its environmental sustainability.Table of ContentsContents: About this Publication Introduction Part I: Summary Tables Part II: Country Tables

Read more less

Book SynopsisThe UK model of incentive regulation of power grids was at one time the most advanced, and elements of it were adopted throughout the EU. This model worked well, particularly in the context of limited investment and innovation, a single and strong regulatory authority, and limited coordination between foreign grid operators. This enlightening book demonstrates how the landscape has changed markedly since 2010 and that regulation has had to work hard to catch up and evolve. As the EU enters a wave of investment and an era of new services and innovation, this has created growing tensions between national regulatory authorities in terms of coordinating technical standards and distribution systems. This is being played out against an increasingly disruptive backdrop of digitization, new market platforms and novel business models. Electricity Network Regulation in the EU adopts a truly European approach to the complex issues surrounding the topic, focusing on the grey areas and critical questions that have traditionally been difficult to answer. Incentive regulation and grids are addressed simultaneously at the theoretical and practical level, providing the reader with fundamental concepts and concrete examples. This timely book is an invaluable read for energy practitioners working in utility companies, regulators and other public bodies. It will also appeal to academics involved in the world of electricity regulation. The book utilizes language that would make it suitable for interdisciplinary students, including engineering and law scholars.Contributors include: P. Bhagwat, J.-M. Glachant, S.Y. Hadush, L. Meeus, V. Rious, N. Rossetto, T. SchittekatteTrade Review'No one will today argue the fact our European Energy System is at a critical tipping point of transformation to enable the expected massive penetration of competitive renewables - largely distributed - while leveraging new citizen engagements towards climate objectives. In that context it has become critical to think ''outside the box'' when it comes to future market design and regulation, for which this book offers a unique perspective of current challenges and obstacles while providing strategic directions for the next regulatory innovations.' --Laurent Schmitt, Secretary General at ENTSO-E, BelgiumTable of ContentsContents Introduction Part 1 Incentive Regulation: aligning the interests of the operators with the interests of their customers 1. The British reference model Vincent Rious and Nicolò Rossetto 2. Continental incentive regulation Vincent Rious and Nicolò Rossetto Part 2 Seams issues: one market, one system, but many operators and authorities 3. TSO-TSO seams issues Jean-Michel Glachant 4. DSO-TSO seams issues Leonardo Meeus and Samson Yemane Hadush Part 3 Grey areas: the border between the market and the grid 5. Classical grey areas since the start of the internal market Leonardo Meeus and Pradyumna Bhagwat 6. New grey areas at the frontiers of European power grids Leonardo Meeus and Tim Schittekatte Index

Read more less

Book SynopsisThis timely research review discusses a selection of key articles on the economics of renewable energy. From a modest role as a backstop technology in the 1970s to a central role in low carbon transitions today, the review reveals the emergence and growing importance of this sub-field of economics. Topics covered include the costs of renewable power (taking account of issues related to technological development, intermittency and interconnection), policies that promote renewable energy development, its public and private demand, and its impact on the environment and the economy. This comprehensive and indispensible review serves as an essential source of reference for students and researchers.Trade Review‘Roger Fouquet has assembled an All-Star Team of energy economists whose impressive body of work extends from the beginning of the theory of optimal extraction of exhaustible natural resources, all the way through the emergence of exciting new technologies for renewable generation. Along with the honor of appearing here, however, the authors should know that I’ll use this terrific collection every time I go looking for the best possible reviewers of new research in renewable energy.’ -- Don Fullerton, Editor, Journal of the Association of Environmental and Resource EconomistsTable of ContentsContents Introduction Roger Fouquet PART I RENEWABLE ENERGY AS A ‘BACKSTOP TECHNOLOGY’ 1. Robert M. Solow (1974), ‘The Economics of Resources or the Resources of Economics’, American Economic Review: Papers and Proceedings, 64 (2), May, 1–14 2. Partha Dasgupta and Geoffrey Heal (1974), ’The Optimal Depletion of Exhaustible Resources’, Review of Economic Studies: Symposium on the Economics of Exhaustible Resources, 41 (5), December, 3–28 3. Ujjayant Chakravorty, James Roumasset and Kinping Tse (1997), ‘Endogenous Substitution among Energy Resources and Global Warming’, Journal of Political Economy, 105 (6), December, 1201–34 4. Olli Tahvonen and Seppo Salo (2001), ‘Economic Growth and Transitions between Renewable and Nonrenewable Energy Resources’, European Economic Review, 45 (8), August, 1379–98 5. Yacov Tsur and Amos Zemel (2003), ‘Optimal Transition to Backstop Substitutes for Nonrenewable Resources’, Journal of Economic Dynamics and Control, 27 (4), February, 551–72 6. Daron Acemoglu, Philippe Aghion, Leonardo Bursztyn and David Hemous (2012), ‘The Environment and Directed Technical Change’, American Economic Review, 102 (1), February, 131–66 PART II THE ECONOMICS OF RENEWABLE ENERGY 7. Severin Borenstein (2012), ‘The Private and Public Economics of Renewable Electricity Generation’, Journal of Economic Perspectives, 26 (1), Winter, 67–92 8. Geoffrey Heal (2010), ‘Reflections – The Economics of Renewable Energy in the United States’, Review of Environmental Economics and Policy, 4 (1), Winter, 139–54 9. Paul L. Joskow (2011), ‘Comparing the Costs of Intermittent and Dispatchable Electricity Generating Technologies’, American Economic Review: Papers and Proceedings, 101 (3), May, 238–41 10. Gautam Gowrisankaran, Stanley S. Reynolds and Mario Samano (2016), ‘Intermittency and the Value of Renewable Energy’, Journal of Political Economy, 124 (4), August, 1187–234 11. Richard Green, Danny Pudjianto, Iain Staffell and Goran Strbac (2016), ‘Market Design for Long-Distance Trade in Renewable Electricity’, Energy Journal: Bollino-Madlener Special Issue, 37 (SI2), 5–22 12. Erin Baker, Meredith Fowlie, Derek Lemoine and Stanley S. Reynolds (2013), ‘The Economics of Solar Electricity’, Annual Review of Resource Economics, 5, 387–426 PART III POLICIES TO PROMOTE RENEWABLE ENERGY: CONCEPTS, THEORY AND SIMULATIONS 13. Ryan Wiser, Steven Pickle and Charles Goldman (1998), ‘Renewable Energy Policy and Electricity Restructuring: A California Case Study’, Energy Policy, 26 (6), May, 465–75 14. Eirik S. Amundsen and Jørgen Birk Mortensen (2001), ‘The Danish Green Certificate System: Some Simple Analytical Results’, Energy Economics, 23 (5), September, 489–509 15. Stefan Boeters and Joris Koornneef (2011), ‘Supply of Renewable Energy Sources and the Cost of EU Climate Policy’, Energy Economics, 33 (5), September, 1024–34 16. Harrison Fell and Joshua Linn (2013), ‘Renewable Electricity Policies, Heterogeneity, and Cost Effectiveness’, Journal of Environmental Economics and Management, 66 (3), November, 688–707 PART IV POLICIES TO PROMOTE RENEWABLE ENERGY: EMPIRICAL EVIDENCE 17. Catherine Mitchell (1995), ‘The Renewables NFFO: A Review’, Energy Policy, 23 (12), December, 1077–91 18. Richard Schmalensee (2012), ‘Evaluating Policies to Increase Electricity Generation from Renewable Energy’, Review of Environmental Economics and Policy, 6 (1), Winter, 45–64 19. Steffen Jenner, Gabriel Chan, Rolf Frankenberger and Mathias Gabel (2012), ‘What Drives States to Support Renewable Energy?’, Energy Journal, 33 (2), 1–12 20. Thilo Grau (2014), ‘Responsive Feed-In Tariff Adjustment to Dynamic Technology Development’, Energy Economics, 44, July, 36–46 21. Jonathan E. Hughes and Molly Podolefsky (2015), ‘Getting Green with Solar Subsidies: Evidence from the California Solar Initiative’, Journal of the Association of Environmental and Resource Economists, 2 (2), June, 235–75 PART V INNOVATION AND DIFFUSION OF RENEWABLE ENERGY TECHNOLOGY 22. Michael J. Grubb (1988), ‘The Potential for Wind Energy in Britain’, Energy Policy, 16 (6), December, 594–607 23. Gregory F. Nemet (2006), ‘Beyond the Learning Curve: Factors Influencing Cost Reductions in Photovoltaics’, Energy Policy, 34 (17), November, 3218–32 24. David Popp, Ivan Hascic and Neelakshi Medhi (2011), ‘Technology and the Diffusion of Renewable Energy’, Energy Economics: Special Issue on The Economics of Technologies to Combat Global Warming, 33 (4), July, 648–62 25. Kenneth Gillingham, Hao Deng, Ryan Wiser, Naïm Richard Darghouth, Gregory Nemet, Galen Barbose, Varun Rai and Changgui Dong (2016), ‘Deconstructing Solar Photovoltaic Pricing: The Role of Market Structure, Technology, and Policy’, Energy Journal, 37 (3), 231–50 26. Birte Pfeiffer and Peter Mulder (2013), ‘Explaining the Diffusion of Renewable Energy Technology in Developing Countries’, Energy Economics, 40, November, 285–96 PART VI THE DEMAND FOR RENEWABLE ENERGY 27. Roger Fouquet (1998), ‘The United Kingdom Demand for Renewable Electricity in a Liberalised Market’, Energy Policy, 26 (4), March, 281–93 28. Ryan H. Wiser (2007), ‘Using Contingent Valuation to Explore Willingness to Pay for Renewable Energy: A Comparison of Collective and Voluntary Payment Vehicles’, Ecological Economics, 62 (3–4), May, 419–32 29. Marcello Graziano and Kenneth Gillingham (2015), ‘Spatial Patterns of Solar Photovoltaic System Adoption: The Influence of Neighbors and the Built Environment’, Journal of Economic Geography, 15 (4), July, 815–39 30. Naïm R. Darghouth, Galen Barbose and Ryan Wiser (2011), ‘The Impact of Rate Design and Net Metering on the Bill Savings from Distributed PV for Residential Customers in California’, Energy Policy, 39 (9), September, 5243–53 PART VII THE ENVIRONMENTAL IMPACT OF RENEWABLE ENERGY 31. Brian C. Murray, Maureen L. Cropper, Francisco C. de la Chesnaye and John M. Reilly (2014), ‘How Effective are US Renewable Energy Subsidies in Cutting Greenhouse Gases?’, American Economic Review: Papers and Proceedings, 104 (5), May, 569–74 32. Joseph Cullen (2013), ‘Measuring the Environmental Benefits of Wind-Generated Electricity’, American Economic Journal: Economic Policy, 5 (4), November, 107–33 33. Kevin Novan (2015), ‘Valuing the Wind: Renewable Energy Policies and Air Pollution Avoided’, American Economic Journal: Economic Policy, 7 (3), August, 291–326 34. Kenneth Lee, Edward Miguel and Catherine Wolfram (2016), ‘Appliance Ownership and Aspirations among Electric Grid and Home Solar Households in Rural Kenya’, American Economic Review: Papers and Proceedings, 106 (5), May, 89–94 PART VIII THE ECONOMIC IMPACTS OF RENEWABLE ENERGY 35. Esther Duflo and Rohini Pande (2007), ‘Dams’, Quarterly Journal of Economics, 122 (2), May, 601–46 36. Carl Kitchens (2014), ‘The Role of Publicly Provided Electricity in Economic Development: The Experience of the Tennessee Valley Authority, 1929–1955’, Journal of Economic History, 74 (2), June, 389–419 37. Molly Lipscomb, A. Mushfiq Mobarak and Tania Barham (2013), ‘Development Effects of Electrification: Evidence from the Topographic Placement of Hydropower Plants in Brazil’, American Economic Journal: Applied Economics, 5 (2), April, 200–31 38. Hunt Allcott, Allan Collard-Wexler and Stephen D. O’Connell (2016), ‘How Do Electricity Shortages Affect Industry? Evidence from India’, American Economic Review, 106 (3), March, 587–624 39. Samuel R. Dastrup, Joshua Graff Zivin, Dora L. Costa and Matthew E. Kahn (2012), ‘Understanding the Solar Home Price Premium: Electricity Generation and “Green” Social Status’, European Economic Review: Green Building, the Economy, and Public Policy, 56 (5), July, 961–73 40. Christopher R. Knittel and Aaron Smith (2015), ‘Ethanol Production and Gasoline Prices: A Spurious Correlation’, Energy Journal, 36 (1), 73–113 PART IX THE TRANSITION TO A RENEWABLE ENERGY ECONOMY 41. Penny Street and Ian Miles (1996), ‘Transition to Alternative Energy Supply Technologies: The Case of Windpower’, Energy Policy, 24 (5), May, 413–25 42. Karsten Neuhoff (2005), ‘Large-Scale Deployment of Renewables for Electricity Generation’, Oxford Review of Economic Policy, 21 (1), Spring, 88–110 43. Richard Green and Nicholas Vasilakos (2010), ‘Market Behaviour with Large Amounts of Intermittent Generation’, Energy Policy, Special Section: Large-Scale Wind Power in Electricity Markets, 38 (7), July, 3211–20 44. Roger Fouquet (2011), ‘The Sustainability of “Sustainable” Energy Use: Historical Evidence on the Relationship between Economic Growth and Renewable Energy’, in Ibon Galarraga, Mikel González-Eguino and Anil Markandya (eds), Handbook of Sustainable Energy, Part I, Chapter 1, Cheltenham, UK and Northampton, MA, USA: Edward Elgar Publishing, 1–12 Index

Read more less

Book SynopsisThe global crude oil market is critically important in many respects. It is the fuel that drives the global economy and, as such, is the focus of climate policies. Moreover, crude oil is the basis of a tradable financial asset. It is therefore connected to several outstanding macroeconomic developments of recent years, including financial market fluctuations, the financial crisis and the exceptional conduct of monetary policy. This book investigates the impacts of monetary policy and the financial system on the global crude oil market. Furthermore, it outlines how monetary policy may also be used to guarantee stability and to contribute to ecological sustainability. This unique and innovative book will appeal to students and economists interested in macroeconomics, the environment, energy and monetary policy. It will also be essential reading for policy makers and those interested in economic policy that will benefit both society and the environment.Trade Review'This book unveils how and why monetary policy decisions, notably by the US Federal Reserve, affect the crude oil market at the global level, impacting on oil prices as well as on oil production, thereby affecting financial stability and environmental conditions negatively. Basil Oberholzer puts forward an innovative policy mix that addresses both these issues through an oil-price targeting system combined with various market-based fiscal policy tools. This volume must be read by all policy makers around the world.' --Sergio Rossi, University of Fribourg, Switzerland'With this unique book, Basil Oberholzer takes us into a rarely explored field. Although oil is a natural resource for wealth production, the oil price and the oil market are largely influenced by financial speculation in the futures market. Basil Oberholzer sheds light on the links between monetary policy, speculation, oil prices, economic stability and ecological sustainability, notably thanks to ingenious stock-flow consistent modeling. The analysis is brilliant.' --Edwin Le Heron, University of Bordeaux, France'We all know now that monetary expansion impacts financial asset prices. Oberholzer comes up with an intriguing twist to this argument by claiming that expansionary monetary policy has a positive impact on oil prices because it induces speculative activity in the futures market of oil. To back this, the author offers an original stock-flow consistent model which combines the financial and the real sides of the economy, as well as the oil market, and he provides some interesting empirical evidence.' --Marc Lavoie, University of Ottawa, Canada, and University of Paris 13, FranceTable of ContentsContents: PART I FACTS AND THEORY OF MONETARY POLICY AND CRUDE OIL 1. The Crude Oil Market and its Driving Forces 2. Monetary Policy and Crude Oil: A Theoretical Analysis PART II MONETARY POLICY AND CRUDE OIL IN THE REAL WORLD 3. US Monetary Policy and the Global Crude Oil Market 4. Empirical Evidence: Monetary Policy Impacts on Oil Market Variables PART III ACHIEVING STABILITY AND SUSTAINABILITY: ECONOMIC POLICY MAKING 5. Economic Policy Propositions: An Overview 6. An Economically Stable Way Out of Fossil Energies Index

Read more less

Book SynopsisThis book addresses the question: how effective are countries in promoting the innovation needed to facilitate an energy transition? Chapters explore energy policy and institutions, innovation policy in general, as well as energy innovation in key countries, including the US, Germany, the UK, China, Japan and Korea, and the EU. At the heart of Energy Innovation for the 21st Century is a fascinating set of international empirical case studies covering supply and demand side technologies at different levels of maturity. These are set within an analytical framework encompassing the functions of technological innovation systems and innovation metrics. The book explores energy, science and technology policies, contextualising the case studies to aid the assessment of the overall performance of innovation systems. Drawing together lessons for energy innovation policy and institutional design, this book is a much-needed resource for sustainability and innovation scholars and researchers. Policy-makers and practitioners will also benefit from the practical advice offered in this timely volume.Trade ReviewEnergy Innovation for the 21st Century combines evidence from deep-dive case studies with rigorous analysis of institutions, policies and finance to show how many different factors must align to accelerate energy innovation. Many of the concluding insights are must reads for policymakers, not least that co-ordination, long-term strategies, and institutional stability are necessary bedfellows if we are serious about tackling climate change.' --Charlie Wilson, Tyndall Centre for Climate Change Research, UKTable of ContentsContents: PART I: INTRODUCTION 1. Introduction 2. The changing role of energy in society PART II: POLICIES AND INSTITUTIONS 3. Energy policy 4. Science and technology innovation 5. Energy innovation PART III: TECHNOLOGY CASE STUDIES 6. Understanding and measuring energy innovation 7. Heat pumps 8. Wind energy 9. Wave energy 10. Building integrated photovoltaics 11. Shale gas 12. Smart grids PART IV: LESSONS 13. Lessons for effective energy innovation Index

Read more less

Book SynopsisThe solar photovoltaic sector is moving forward very fast, both in terms of its own technological advancement and its standing among global renewable energy technologies. Rapid increases in solar cell efficiencies, fast technical change in solar batteries and solar glass, and economies of scale in production fuel its rapid adoption and it is becoming clear that existing forecasts about its adoption need to be updated extensively. This timely and distinctive examination of the economic side of the field takes into account solar PV's recent and growing lead among renewable energies competing to replace fossil fuels.The Revolution in Energy Technology examines the birth of this technology in the United States, where the main innovators are still located, the emergence of China as a main production hub, and new and growing contributions to the innovation cascades from other countries including Germany, Japan, South Korea and Taiwan. The participation of universities as investors and the role of venture capital are discussed, and particular emphasis is given to the domination of the sector by large firms.The book is interesting for both academics and graduate students as well as policy makers, technicians, engineers and companies involved in the field.Table of ContentsContents: 1. Introduction 2. Some Key Points of the Solar Photovoltaic Sector 3. Sector Evolution Under Innovation Cascade 4. The Catch-Up of the Chinese Solar PV Sector 5. Anchored Clusters: The Rise and Fall of Solar PV 6. Star Scientists in PV Technology and the Limits of Academic Entrepreneurship 7. The Limited Innovation of Small Businesses in the Solar Photovoltaic Sector in the US: Is the Small Business Innovation Research (SBIR) Program a Boon for Small Businesses in the US? 8. A Sector with Innovations Driven by Demand 9. Grand Challenges and Innovation Cascades in the Solar Sector 10. Conclusion References Index

Read more less

Book SynopsisIn the last twenty years the biofuels industry has developed rapidly in many regions of the world. This timely book provides an in-depth and critical study of the law and policies in many of the key biofuels producing countries, such as Brazil, China and the US, as well as the EU, and a number of other countries where this industry is quickly developing. Drawing on a range of disciplines, the contributors examine the roles of the public and private sectors in the governance of biofuels. They discuss topics such as sustainability and biofuels, and provide a critical review of regulatory regimes for biofuels. They conclude by proposing recommendations for more effective and efficient biofuel policies.Academics working in the area of renewable energy and students in environmental law will find this book to be of interest. It will also be of use to policy makers around the world looking to learn from various existing regimes.Contributors: G. Berndes, M. Brandão, A. Cowie, A. Cowie, K.S. Dahmann, J. De Beer, O. Englund, L.B. Fowler, A. Genest, L. Guo, M.-H. Labrie, Y. Le Bouthillier, E. Le Gal, O.J. Lim Tung, W.E. Mabee, F. Maes, L.D. Malo, M. Mansoor, P. Martin, H. Mcleod-Kilmurray, M.J.F. Montefrio, B.E. Olsen, R.O. Owino, P. Pereira De Andrade, M. Powers, A. Rønne, P.M. Smith, T. Smith, S. Soimakallio, I. Stupak, V.M. Tafur, A.R. TaylorTrade Review'As a reference for law and policy in a much wider range of countries than just the usual three, it has notable value.' --International Energy Law ReviewTable of ContentsContents: PART I SUSTAINABILITY AND BIOFUELS 1. Environmental Risks and Opportunities of Biofuels Annette Cowie, Alan Cowie, Sampo Soimakallio and Miguel Brandáo 2. The Roles of Public and Private Governance in Promoting Sustainable Bioenergy Oskar Englund and Göran Berndes 3. Confronting the “Unproductive” Upland Discourses in Biofuels Development in the Philippines Marvin Joseph F. Montefrio PART II CRITICAL REVIEW OF REGULATORY REGIMES FOR BIOFUELS 4. Biofuels’ Legal and Political Framework in Brazil : A Critical Review Through a Sustainable Development Lens Priscila Pereira de Andrade 5. United States Law and Policy and the Biofuel Industry Kristina S. Dahmann, Lara B. Fowler and Paul M. Smith 6. Lessons from US Biofuels Policy: The Renewable Fuels Standard's Rocky Ride Melissa Powers 7. The EU Legal Regime for Biofuels Birgitte Egelund Olsen and Anita Ronne 8. Belgian and French Biofuel Support Measures in Light of Argentina’s Challenge under the WTO Subsidies Agreement Alexandre Genest 9. The Current Legal Framework on Biofuels in China Lei Guo and Frank Maes 10. Biofuel Policy in Columbia: Strong Fiscal Incentives but Weak Environmental and Social Standards Victor M. Tafur 11. Agro-fuel Law and Policy in East Africa: Assessing Avenues for Sustainability Robert Omondi Owino 12. Biofuels, GMOs and Food Security: The South African Legal and Policy Framework Odile Juliette Lim Tung PART III BIOFUELS GOVERNANCE AND THE ROLES OF PUBLIC AND PRIVATE ACTORS 13. Unpacking the Complexities of Biofuels Policy Paul Martin and Elodie Le Gal 14. Trends in Government Incentives for Biofuels Warren E. Mabee, Lauren D. Malo and Ashton R. Taylor 15. An Industry Perspective: Government Policies to Accelerate the Development and Commercialization of Advanced Biofuels in Canada Marie-Hélène Labrie 16. Network Governance of Biofuels Jeremy de Beer 17. Private Regulation in the Bioenergy Sector Maha Mansoor, Inge Stupak and Tat Smith Index

Read more less

Book SynopsisBased on an innovative theoretical framework combining theories of EU policy making, negotiation and implementation, this comprehensive book examines EU climate and energy policies from the early 1990s until the adoption of new policies for 2030. The authors investigate how the linking of climate and energy concerns in policy packages has facilitated agreement among EU leaders with very different policy ambitions. Employing in-depth studies from a diverse range of energy-economic countries, the book also explores the impact of the implementation of policies on the climate and energy policy framework and the Energy Union initiative.Social scientists and researchers in EU climate and energy policies will find the new empirical data and theoretical approach useful to their work. Students of the social sciences and politics will also benefit from the accessible overview of EU climate and energy policy development. This book will also be of interest to private and public decision-makers looking for explanations for the causes and consequences of EU climate and energy policy development.Trade Review'This book not only provides an in-depth analysis of the recent development of EU climate and energy policy from the climate and energy package for 2020 to the climate and energy policy framework for 2030, it is also noteworthy for its skilful and innovative combination of EU and member state level analysis across a full policy cycle covering policy initiation, decision-making, implementation and policy reform. Recommended reading!' --Sebastian Oberthuer, Vrije Universiteit Brussel, Belgium'In Europe, climate and energy policies have become inextricably intertwined in the minds of politicians, businesses and civil society organisations. This ambitious book offers a 360 degree analysis of the interlinking strategies designed and employed by policy makers at EU level and in four critically important member states. In doing so it offers a richly textured answer to a puzzle that has always perplexed analysts: how and why do states manage to adopt policies that are significantly at odds with the preferences of the least ambitious?' --Andrew Jordan, Tyndall Centre for Climate Change Research, UK'This book is one that all scholars, students and citizens with any interest in EU environmental and energy politics will benefit from reading and re-reading.' --Local EnvironmentTable of ContentsContents: 1. Introduction 2. Analytical Framework 3. Evolution of EU Climate and Energy Policies 4. Initiating the Package for 2020 5. Deciding the Package for 2020 6. Implementation in Germany 7. Implementation in Poland 8. Implementation in the Netherlands 9. Implementation in Norway 10. Comparative Analysis and Consequences for EU 2030 11. Conclusions and the Road Ahead Index

Read more less

Book SynopsisInfrastructure systems provide the services we all rely upon for our day-to-day lives. Through new conceptual work and fresh empirical analysis, this book investigates how financialisation engages with city governance and infrastructure provision, identifying its wider and longer-term implications for urban and regional development, politics and policy. Proposing a more people-oriented approach to answering the question of 'What kind of urban infrastructure, and for whom?', this book addresses the struggles of national and local governments to fund, finance and govern urban infrastructure. It develops new insights to explain the socially and spatially uneven mixing of managerial, entrepreneurial and financialised city governance in austerity and limited decentralisation across England. As urban infrastructure fixes for the London global city-region risk undermining national 'rebalancing' efforts in the UK, city statecraft in the rest of the country is having uneasily to combine speculation, risk-taking and prospective venturing with co-ordination, planning and regulation.This book will be of interest to researchers and scholars in the fields of business and management, economics, geography, planning, and political science. Its conclusions will be valuable to policymakers and practitioners in both the public and private sectors seeking insights into the intersections of financialisation, decentralisation and austerity in the UK, Europe and globally.Trade Review'Financialising City Statecraft and Infrastructure explores the crucial connection between globalised financial flows and the infrastructure that provides the scaffolding for urban development. By following the money, the authors show the interaction of state and capital in shaping urban form and the uneven impacts on particular cities and groups within them.' --Susan S. Fainstein, Harvard University, USTable of ContentsContents: 1. Who owns, runs and pays for city infrastructure? 2. Financialising city infrastructure and governance 3. Towards city statecraft 4. City infrastructure provision and geographical inequalities in the UK’s centralised state 5. Deal or no deal? Austerity, decentralisation and the City Deals 6. Sell, hold or buy? Privatising, managing, owning, and acquiring city infrastructure assets 7. Fixing urban infrastructure in the London global city-region, undermining the rest of the UK? 8. Conclusions References Index

Read more less

Book SynopsisA thoroughly updated introduction to the current issues and challenges facing managers and administrators in the investor and publicly owned utility industry, this engaging volume addresses management concerns in five sectors of the utility industry: electric power, natural gas, water, wastewater systems and public transit. Beginning with a brief overview of the historical development of the industry, the author examines policy issues including the consequences of dealing with deteriorating infrastructure, an aging workforce, climate warming, funding for repair and replacement of facilities, and the demands for meeting the needs of a growing population. In addition to reviewing issues related to various management tasks, he includes chapters on physical and cyber threats and management ethics, liberally laced with real-life examples of utilities' dealings with these challenges. Many tables, figures and boxes expand on key points from the text.Accessible and comprehensive, this thoughtful exploration of the various issues facing administrators and operators in public utilities in the new century will prove a useful overview for students of business and economics, utility staff, and directors of local utility governing boards.Trade Review'David McNabb's Public Utilities book is an excellent and extremely valuable source for understanding the fundamental issues and problems of the rapidly evolving public utilities sector. It's useful for academics, policymakers, and practitioners to gain insights into how to manage and cope with the numerous and unprecedented challenges facing the industry.' --Chung-Shing Lee, Pacific Lutheran UniversityTable of ContentsContents: Part I Public Utilities: Old Problems 1. Public Utilities: Essential Services, Critical Infrastructure 2. Public Utility Policy Issues 3. Public Utility Regulatory Environment Part II Sectors of the Public Utility Industry 4. Electric Energy Utilities 5. Natural Gas Utilities 6. Water and Wastewater Utilities 7. Waste Collection and Disposal Utilities 8. Public Transit Utilities Part III Public Utility Function Challenges 9. Public Utility Finance 10. Public Utility Pricing and Rate Setting 11. Public Utility Marketing 12. Public Utility Information Systems Part IV Public Utility Management and Operations Challenges 13. Public Utility Governance 14. Public Utility Management 15. Public Utility Operations, Maintenance and Planning 16. Managing the Public Utility Workforce 17. Public Utility Management Ethics Part V Public Utilities: New Challenges 18. Public Utility Environmental Challenges 19. Public Utility Physical and Cybersecurity Challenges 20. Sustainability: The Core Challenge Facing Public Utilities Index

Read more less

Book SynopsisThis illuminating book analyses energy transitions, carbon dioxide emissions and the security of energy supply in Mediterranean countries. Unpacking the history of energy transitions, from coal to oil and natural gas, and from non-renewable to renewable energy sources, Silvana Bartoletto offers a comparative approach to the major trends in energy consumption, production, trade and security in Mediterranean countries in Europe, the Middle East and North Africa. Chapters illustrate the key similarities and differences between Mediterranean countries that have influenced energy supply and consumption patterns. Tracing economic convergence in the last century and highlighting its impact on energy consumption and carbon dioxide emissions, this timely book offers critical insights into the problems of energy dependency and security in areas of political turmoil, as well as crucial insights into the future of the energy crisis. It concludes with a look to the future of energy consumption in the age of climate change and the slow but critical transition to renewable sources. Enlightening and provocative, this book is key reading for scholars of political science and economics engaged with energy production and consumption, as well as those studying climate change. Its historical insights and overview of significant energy trends will also be useful for policymakers and climate scientists.Trade Review'The Mediterranean region has been a crossroads for economic, political and cultural influences for centuries. This pivotal role intensified with the discovery of oil in the Middle East. Now, with the pressure for economies to decarbonise and the collapse in the cost of generating solar power, a new chapter in its history is emerging. Bartoletto draws on her deep knowledge of the history of energy markets and policies in Mediterranean countries to produce a stimulating, timely and important book. Focussing on issues of fuel production, supply security and energy transitions, Bartoletto identifies the key transformations, tensions and inequalities in the region's energy systems over the last two centuries, with a view to informing how they will play out in the next few decades. This book is essential reading for all analysts and scholars concerned about the history and geography of energy markets and policies, and about the evolving role of the Mediterranean region in the global economy.' --Roger Fouquet, London School of Economics, UKTable of ContentsContents: Introduction 1. Economy and energy in Mediterranean countries 2. Price dynamics, production and trade 3. Past and present of energy security in Mediterranean countries 4. Energy transitions and energy efficiency 5. Renewables and CO2 emissions Conclusions Index

Read more less

Book SynopsisWith twenty-two chapters written by leading international experts, this volume represents the most detailed and comprehensive Handbook on electricity markets ever published.It covers all dimensions of electricity markets: wholesale and retail; renewable electricity sources; the electrification of mobility, heating and cooling; and recent innovations such as distributed generation, electrical energy storage, demand response and digital platforms that are disrupting the industry.The benefits, as well as the limits, of open markets and competition are assessed at the level of underlying principles and with reference to specific cases, including the UK, PJM Interconnection, Texas, Australia, Scandinavia, continental Europe and China.The details of electricity market designs are analysed and discussed. The book also considers new emerging business models, as well as the impact of electricity sector policy priorities such as universal access and deep decarbonization.This Handbook is intended to be used and useful. Students and young professionals will find the information they need to enter the field. Researchers, experienced professionals and public decision-makers will get a comprehensive update on the topical issues in electricity markets that will guide them through the important developments the sector is witnessing.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

Read more less

Book SynopsisHeat and Cold Storage 1 is dedicated to sensible and latent heat storage processes. Beginning with some theoretical reminders, this book presents the main situations of low-temperature and high-temperature sensible storage for electricity generation. It also analyzes latent storage on phase-change materials (PCMs) from a fundamental standpoint, presenting the mechanisms to prepare PCMs and their integration into heat and cold storage processes. The most promising materials are presented, along with ways of improving the materials studied. Notions of technico-economic profitability are also defined. Finally, the book looks at heat storage in thermodynamic solar power plants and the wide variety of physical storage principles involved.

Read more less

Book Synopsis

Read more less

Book SynopsisSince the collapse of the Soviet Union, Gazprom has dominated the Russian gas industry. However, the markets in which it operates have changed dramatically, with the company increasingly being challenged at home and abroad. At this critical moment, this insightful book analyses the involvement of the Russian gas industry in the changing international gas market and the dramatic implications for Russia's role as a global supplier of gas in the future.James Henderson and Arild Moe explore the link between changes in Russia s domestic market, where new players have recently emerged, and the development of Russia's gas export business. In particular, they assess the growing importance of LNG exports and the role of Novatek in developing this new business area for Russia. They also review changes in European gas trade and the development of new EU regulations, analysing the ambiguities in Europe's position on gas exports from Russia and showing why efforts to limit expansion of Russian gas exports have been unsuccessful.Timely and comprehensive, this book is critical reading for academics and researchers interested in the development of the global gas market. Policymakers and economists, particularly Russian specialists, will benefit from this book's key insights into the economic and political consequences of Russia's changing role in the global gas market.Trade Review'The Globalization of Russian Gas offers a fascinating account of the strategic and commercial role of gas in Russia's relations with the EU, China and the US. The book is a must-read for anyone interested in Russian energy, and energy markets more generally.' -- Anatole Boute, Europe-Asia Studies'Rare are those academic books that I truly enjoy or that even read in bed. This is one of them. Perhaps it has something to do with my interest in natural gas markets with its legal, political and commercial twists, but it is certainly also connected to the fact that this is a great book. Not only does it provide the reader with up-to-date and in-depth information concerning the globalization of Russian gas, it is also an extremely well written book. It is one of the few academic publications that is easy to read and something that can, and should, be read from page one to the very last page.' -- Kim Talus, Oil, Gas & Energy Law Intelligence'This is an outstanding and path-breaking book, by two of the best authorities on the subject, backed by two of the leading research institutes on energy policy, the Oxford Institute for Energy Studies, and the Nansen Institute in Oslo. The book comes at a key moment in the history of the Russian gas sector, when the traditional division of duties between the industry and state, which had remained largely unchanged since Soviet times, has now become increasingly unstable, and may lead to profound changes ahead, with far-reaching implications for Russian gas strategy, at a time of revolutionary changes in the world gas industry.' -- The Russian Review'The topic of Russian gas has become deeply controversial, evoking passionate responses. James Henderson and Arild Moe do not fall into the trap of over-polarization, and provide a great analysis of the current situation.' -- Aurélie Bros, Harvard University, US'James Henderson and Arild Moe bring years of research on Russian gas to this examination of the interplay between domestic developments and global forces. They explain changing dynamics in the Russian market and the growing competition between Gazprom, Rosneft and Novatek. Having failed to take US shale gas and the EU's liberalisation project seriously, they detail how Gazprom has gained from market competition. However, it is Novatek that has stolen a march in leading Russia’s drive to become a serious player in the global LNG market. This book is essential ready for everyone interested in the global gas market and the future of gas in Russia.' -- Michael Bradshaw, University of Warwick, UK'For energy and geopolitical practitioners, this valuable book provides an indispensable analysis of the importance of viewing Russian gas through European, Asian and global lenses, as the country becomes an increasingly important player not just in relation to pipeline gas, but also in the global LNG market.' -- Jonathan Stern, The Oxford Institute for Energy Studies, UKTable of ContentsContents 1. Introduction 2. Domestic gas politics 3. SPIMEX and the traded gas market in Russia: A signpost for the future? 4. Gazprom and the Evolution of the European Gas Market 5. The increased politicization of Russian gas supplies 6. The Promise of Asian Markets 7. LNG - globalisation in another manner 8. Conclusions Index

Read more less

Book SynopsisElgar Research Agendas outline the future of research in a given area. Leading scholars are given the space to explore their subject in provocative ways, and map out the potential directions of travel. They are relevant but also visionary.Presenting cutting-edge research on the future of energy geopolitics, this visionary and provocative Research Agenda takes a hard look at the pressing issues faced by energy researchers in the new world (dis)order.Analyzing through three distinct lenses of affordability, security and sustainability, this innovative book begins by tracking the history and evolution of energy politics. Leading experts in the field identify the sources of instability within world energy markets, the problems of capital allocation to finance a growing demand for smart and renewable energy, and the benefits and costs of geo-economic shifts. A global range of case studies discuss the future of energy geopolitics, asking pressing questions about the deployment of clean energy technology, the implications of hydrocarbon price climbing, and the feasibility and possibilities of space mining. Ultimately, the book seeks to elucidate the uncertainties, paths, and impacts of the future developments in the energy transition and clearly define a future research agenda for energy politics. In doing so, it attempts to capture the complexity and constraints facing energy and its different sources — some that are complementary, some that compete with one another.Interdisciplinary and international in scope, this book will prove vital to students and scholars interested in energy security, politics and policy, alongside those studying energy markets and finance. It will also prove useful to policymakers and organizations in the energy sector concerned with the future of energy. Trade Review‘Using the energy trilemma - affordability, security and sustainability - as a vehicle for enquiry into the global oil markets, this excellent book is a timely reminder of the constantly shifting political landscape, and primacy of policy as a key determinant of our energy future at the age of big data, innovation and energy transition.’ -- Adi Imsirovic, Director of Surrey Clean Energy, UK, Author of Trading and Price Discovery for Crude Oil (2021) and Editor of Brent Crude Oil: Genesis and Development of the World's Most Important Oil Benchmark (2023)Table of ContentsContents: Foreword: move to an energy transition, but cleverly xxv Michael C. Lynch Introduction to A Research Agenda for Energy Politics xxxvii Jennifer I. Considine PART I NAVIGATING EMERGING GEOPOLITICAL RISKS: POLITICS, ECONOMICS, AND BUSINESS IN A NEW WORLD (DIS) ORDER 1 The stability of world oil markets and the potential for oil shocks 3 Jennifer I. Considine, Douglas Cooke, Geoffrey Wood, Sylvain Cote, and Abdullah Aldayel 2 Geopolitics and energy security issues in India 21 Jitendra Roychoudhury 3 Renewables and hydrocarbon price climbing: implications for Latin America and the world 35 Alberto Cisneros Lavaller PART II FINANCING THE TRANSFORMATION: MOBILIZING CAPITAL IN A COMPETITIVE LANDSCAPE 4 Russia–EU energy relations: Most recent stages of long-term fluctuations and future research agenda 57 Andrey A. Konoplyanik 5 China’s energy investment through the lens of the Belt and Road Initiative 93 Dongmei Chen and Philipp Galkin 6 From Paris to Glasgow and beyond: what future for clean energy technology deployment under Article 6? 127 Elizabeth Carey and Xiaoliang Yang PART III GLOBAL SCENARIOS: HARNESSING THE BENEFITS OF GLOBAL GEO-ECONOMIC SHIFTS 7 Big data, black holes, and tapping the value of futures price data 157 Hilary Till and Joseph Eagleeye 8 Scenario analysis: imagining the unimaginable! 173 Richard Wheeler 9 GCC economies and regional geopolitics after Russia’s invasion of Ukraine 195 Tilak K. Doshi PART IV THE FUTURE OF ENERGY POLICY: MEETING THE MACRO CHALLENGE—DOMESTIC REFORM OR UNSUSTAINABILITY 10 Cybersecurity and Data Protection in the power sector: challenges, perspectives, and policy approaches 233 Arnault Barichella 11 Oil and gas development of US onshore federal lands: policy issues and research questions 261 Timothy J. Considine and Tara K. Righetti 12 Establishing a lunar underground outpost: shifting the paradigm for future space exploration, settlement, and commerce 281 Greg Baiden, Louis L. Grenier, Brad R. Blair, Dale Tietz and James S. Logan 13 Questions to ask before we commence mining in space: what, where, when, why, who, and how? 301 Carol A. Dahl Index 335

Read more less

Book SynopsisBridging theory and practice, this book offers insights into how Europe has experienced the evolution of modern electricity markets from the end of the 1990s to the present day. It explores defining moments in the process, including the four waves of European legislative packages, landmark court cases, and the impact of climate strikes and marches.Leonardo Meeus explains the sequence of electricity markets in Europe from wholesale to balancing markets, forward transmission markets, capacity mechanisms, redispatching and flexibility markets. Chapters explore current issues including the new paradigm that places the citizen at the centre of the energy transition. Concluding that most of the market integration process in Europe so far has required horizontal coordination between transmission system operators in different countries, the book looks ahead to the importance of vertical coordination between the transmission and distribution.An invaluable book for energy policymakers and practitioners working in Europe, the solutions offered for contemporary issues will also be helpful for those working in international or multi-region electricity markets more widely. Academics involved in the world of electricity regulation will also find this an invigorating read.Trade Review'The challenge of facing an intricated problem starts by putting together the key questions. This book is not just wisely built upon this solid structure, it is full of sound and enlightening discussions from one of the current leading experts on European electric power markets. A reference.' -- Carlos Batlle, Massachusetts Institute of Technology Energy Initiative, US'This book is a one-stop-shop for European electricity market organization, striking the right balance between the technical and economic considerations. Great insight into the reasons behind market design choices made in Europe. Understandable language, facilitated by numerical examples and translations from regulatory language to actual real English. Highly recommended read!' -- Konrad Purchala, European Network of Transmission System Operators for Electricity, Belgium'Leonardo Meeus put together an astute and up-to-date overview of the European electricity markets - how they function, the trials and errors that got them there, and the regulations that govern them. Both academics and practitioners, whether from Europe or elsewhere, would be well advised to consult this book before braving any expert discussion about electricity markets.' -- Frauke Thies, Smart Energy Europe, Belgium'A comprehensive, accurate and accessible overview of the evolution of electricity markets in Europe: a must-read for those who want to understand the importance of the European market integration process, the impact of network codes, the settled issues as well as the open ones that we still face today.' -- Christophe Gence-Creux, Agency for the Cooperation of Energy Regulators, SloveniaTable of ContentsContents: Introduction Part I – How to trade and transport electricity across national borders? 1. Why did we start with electricity markets in Europe? 2. Who gets the rights to trade across borders? 3. How to calculate border trade constraints? 4. Who pays for the network when trade is international? Part II – How to combine electricity trade with system security to keep the lights on? 5. Who is responsible for balancing the system? 6. How to organize system operation and connection requirements? 7. How to ensure adequate investment in power plants? Part III - How to put the citizen at the centre of the energy transition? 8. How to put the citizen at the centre of the energy transition? 9. Conclusion Index

Read more less

Book SynopsisWorld Statistics on Mining and Utilities 2020 provides a unique biennial overview of the role of mining and utility activities in the world economy. This extensive resource from UNIDO provides detailed time series data on the level, structure and growth of international mining and utility activities by country and sector. Country level data is clearly presented on the number of establishments, employment and output of activities such as coal, iron ore and crude petroleum mining as well as the production and supply of electricity, natural gas and water.This unique and comprehensive source of information meets the growing demand of data users who require detailed and reliable statistical information on the primary industry and energy producing sectors. The publication provides internationally comparable data for economic researchers, development strategists and business communities who influence the policy of industrial development and its environmental sustainability.Table of ContentsAbout this Publication Introduction Part I: Summary Tables Part II: Country Tables

Read more less

Book Synopsis

Read more less

Book SynopsisThis incisive Research Handbook examines the relationship between energy and society, across both macro- and micro-scales, in the context of the climate crisis. Featuring an extensive examination of current research in the field from fifty expert international contributors, it offers important insights into the inter-connections between the globally organised fossil fuel energy system and the changing structures of society.Structured in four thematic parts, the Research Handbook begins with an analysis of the evolution of large-scale energy production and consumption using coal, oil and gas. Chapters then explore social divisions and inequalities in energy systems in different countries, before moving on to discuss energy governance, policy and politics, along with strategies to achieve transformation. In the final part, the Research Handbook investigates forms of knowledge, stories and public engagement being used to re-make energy futures, concluding that social sciences are identifying the inter-locking societal and technical changes needed to enable rapid systemic changes in energy.The Research Handbook on Energy and Society will be a crucial resource for social science scholars and students interested in the intersections of energy, climate change and society, including aspects of governance, policy and politics, social identity, social justice and inequalities.Trade Review‘At last, a serious review of the interactions between society and energy. The Handbook considers the impacts of decarbonisation options from many angles, but all through the lens of society and social science, and not just from the techno-economic perspectives which usually dominate such analysis. The authors provide valuable insights, not only into the potential changes to energy production and consumption but also to the governance needed to achieve them, as society is weaned off its dependence on fossil fuels.’ -- Keith MacLean OBE, Providence Policy, London, UK‘Too often seen as a technical issue, how we live with and can transform our energy systems is a societal challenge. This Handbook gathers international contributors to examine the profound social questions that underpin how energy is provided and used. Drawing on examples from a wide range of social contexts, it provides crucial insights into how energy is central not only to how we live but who we are and offers key findings pointing to how the transformations necessary for a more sustainable future can be realised.’ -- Harriet Bulkeley, Durham University, UKTable of ContentsContents: A few words on the creation of the cover image xviii 1 Introduction to Research Handbook on Energy and Society: why study energy and society? 1 Janette Webb, Faye Wade and Margaret Tingey PART I ENERGY SERVICES AND THE MAKING OF MARKETS 2 Socio-technical transitions from coal and gas: an unfinished story 14 Peter J.G. Pearson 3 This land is our land: understanding energy nationalism 31 David McCrone 4 The making of energy consumers: from mutual provisioning to mass markets and beyond 45 Hiroki Shin and Heather Chappells 5 Services revisited: what is energy for? 57 Janine Morley 6 Heating system transformation in Europe: accelerating sources of path dependence to escape carbon lock-in 69 Richard Hanna and Robert Gross 7 The redesign of electricity markets under EU influence: the capacity mechanism in Britain and France 83 Thomas Reverdy, Frédéric Marty and Ronan Bolton 8 Pivoting toward Energy Transition 2.0: learning from electricity 97 Gretchen Bakke PART II SOCIAL DIMENSIONS IN ENERGY AND SOCIETY 9 Why rationale matters in energy and climate policy 112 Niall Kerr 10 Access to energy: the contribution of the social sciences to delivering energy equity and justice 126 Julia Tomei and Long Seng To 11 Gender and solar energy in India’s low-carbon energy transition 141 Karina Standal and Mariëlle Feenstra 12 Contextualizing Nussbaumer via Nussbaum: unveiling a multi-disciplinary, human capabilities-centred approach to energy poverty from Mexico 154 Karla Ricalde, Karla G. Cedano, Harriet Thomson and Tiare Robles 13 Closing the gender gaps in energy sector recruitment, retention and advancement 168 Bipasha Baruah and Sandra Biskupski-Mujanovic 14 Social divisions in energy justice in the transport sector: personal car ownership and use 184 Karen Lucas, Noel Cass and Muhammed Adeel PART III ENERGY GOVERNANCE, POLICIES AND POLITICS 15 Will China deliver urban ‘ecological civilisation’? 201 David Tyfield 16 Energy transitions and multi-level governance: how has devolution in the United Kingdom affected renewable energy development? 215 Richard Cowell 17 Local heat and energy efficiency policy: ambiguity and ambivalence in England and Scotland 229 Faye Wade, Janette Webb and Margaret Tingey 18 Energy policy for buildings fit for the future 245 Tina Fawcett and Marina Topouzi 19 How non-energy policies shape demand for energy 259 Sarah Royston and Jan Selby 20 Debating energy futures on Lewis: energy transition, the politics of land use and law, and the question of the commons 272 Annabel Pinker PART IV CLIMATE CONSEQUENCES AND ENERGY FUTURES 21 Knowledge infrastructures for sustainable energy transitions: marine renewable energy in Scotland 287 Shana Lee Hirsch 22 ‘A little self-sufficient town close to the beach’: local energy system transformation through the lens of place and public things 299 Nick Pidgeon, Christopher Groves, Catherine Cherry, Gareth Thomas, Fiona Shirani and Karen Henwood 23 Disrupting markets with peer-to-peer energy trading 317 Alexandra Schneiders, Anna Gorbatcheva, Michael J. Fell and David Shipworth 24 Making energy futures at the edge of the grid: smart energy innovation in rural communities 328 Heather Lovell 25 Energy futures: understanding integrated energy systems modelling 340 Antti Silvast 26 How stories of the future impact energy and climate policy in the present 354 Noam Bergman and Kathryn B. Janda 27 Conclusions and new directions for energy and society research 367 Janette Webb and Faye Wade Index 375

Read more less

Book SynopsisExploring the wide variety of political aspects relating to oil resources and markets, The Politics of Oil provides an important and accessible introduction to topics such as the so-called 'resource curse?' oil rent, producer cartels, and international oil governance. Broadening the scope further, Dag Harald Claes also examines the role of oil in political conflicts.Divided thematically into three parts, this book discusses the exercise of political control over oil resources, their extraction, and the income from oil exports; the vagaries of oil market forces and political attempts to govern them; and finally, the complex role of oil in international, regional, and domestic conflicts. Drawing on a number of academic perspectives, including economics, political science, philosophy, history, geology, and more, the key debates surrounding oil are explored. These include the role of OPEC, the future of oil in the context of climate change, and the part oil has played in civil war and terrorism.Easily accessible, this introduction to the intertwined relationship between oil and political decisions and behaviour, is an essential tool for students of political science, economics, and energy related studies of all kinds. It is also valuable for policymakers, industry practitioners, and others interested in the oil business or governance seeking a comprehensive introduction to the subject.Trade Review‘The Politics of Oil is a fascinating and informative study of the evolution of the international oil industry. The work profits from the authors interdisciplinary approach, which draws heavily on a number of fields including but by no means limited to geology, engineering, economics, philosophy, history and political science. The chapters are filled with a wealth of valuable information and insights on many of the pressing issues of our time: From climate change and the potential producer response to the resurgence of Iranian ambitions in the Gulf. To my knowledge, this is the only work of its kind providing a bridge between political and economic approaches to complex geopolitical issues such as the resource curse. It is readily accessible to the general reader interested in oil and politics. All the chapters can serve as supplementary material to academic courses in energy economics geopolitics and energy transitions.’ -- Jennifer Considine, The Energy Journal'Dag Harald Claes has a unique knowledge of the politics, economics and (even more importantly from my point of view) the history of oil. He is one of the few who can blend together the three aspects in a simple and vibrant narrative. The Politics of Oil can be used as a reference in undergraduate classes, but will also be of interest for anybody dealing with the complexities of international energy and environmental politics.' --Paulo Garavini, European University Institute, Italy'This book masterfully discusses how governance, markets, and security come together in creating a nexus full of inspiration for scholars of International Political Economy. What does oil do to sovereignty? Is it a blessing or a curse? How long will OPEC still be in charge? And what does the future hold for the world s most important commodity against the backdrop of climate change? The Politics of Oil will be an invaluable resource for everyone seeking answers to these crucial questions.' --Andreas Goldthau, Royal Holloway University of London, UKTable of ContentsContents: Part I Resource Governance 1. Sovereignty and Ownership 2. Governing Oil Production 3. Oil Income– Blessing or Curse? -With Mads Motrøen Part II Market Control 4. Institutional Governance 5. Producer Governance 6. Opec Part III Political Conflict 7. Oil and the US Hegemony 8. Oil and Regional Security 9. Oil and Domestic Conflicts 10. Climate Change and the Future of Oil Index

Read more less

Book SynopsisOffering a unique and critical perspective on energy justice, this Handbook delves into an emerging field of inquiry encapsulating multiple strands of scholarship on energy systems. Covering key topics including generation, transmission, distribution and demand, it explores fundamental questions surrounding policy, climate change, security and social movements.The Handbook illuminates the rapidly expanding and diversifying scholarly domains where energy justice has developed to date. Chapters provide an overview on energy justice issues across a range of socio-technical and political contexts, including differences along lines of race, gender, age, geography, housing, socio-economic status and infrastructure. The Handbook further incorporates non-Western perspectives to expand the transitional vocabulary and frameworks of energy justice.Grounded in empirically rich case studies from across the world to support nuanced framings, situated methods and informed policy, this Handbook will be of interest to students of development, human geography, environmental policy and politics. It will also be useful to practitioners working in international organisations and agencies working in development and the environment.Trade Review'The Handbook on Energy Justice offers a rich collection that both consolidates the field and pushes its boundaries in new and interesting ways, drawing together multiple and divergent accounts of the possibilities and challenges of energy justice as a concept and call to action. A much-needed compass for our challenging times.’ -- Harriet Bulkeley, Durham University, UKTable of ContentsContents: Introduction to the Handbook on Energy Justice 1 Sara Fuller and Stefan Bouzarovski 1 Whole-systems energy justice 13 Adolfo Mejía-Montero and Kirsten E. H. Jenkins 2 Transport and energy justice 25 Karen Lucas and Muhammed Adeel 3 Energy justice and flexibility 40 Michael Fell, Gareth Powells, Charlotte Johnson, Juan Pablo Cárdenas Álvarez, Juan Manuel España Forero and Santiago Ortega Arango 4 Energy justice and health 65 Kimberley O’Sullivan 5 Energy justice and development 79 Joshua Kirshner and Jessica Omukuti 6 Rural energy justice 94 Conor Harrison and Shelley Welton 7 Energy justice and housing 112 Sergio Tirado Herrero 8 Tracing the roots of energy justice in action: environmental justice, climate justice, and the New York Climate Leadership and Community Protection Act 131 Raya Salter 9 Combating power imbalance and arbitrariness through procedural energy justice 144 Roman Sidortsov and Corey Katz 10 Quantifying energy justice 158 Benjamin C. McLellan and Andrew J. Chapman 11 Policy barriers and the dynamics of energy justice 175 Iain Todd 12 Energy justice and gender 188 Caitlin Robinson, Neil Simcock and Saska Petrova 13 Energy justice across the life-course 201 Gordon Waitt 14 Energy justice, modernity and transitions: more-than-modern energy for all in the Global South 213 Paul Munro 15 The right to energy: Learning from struggles for food, water, and rights to nature 226 Tristan Partridge 16 Towards more pluralistic energy justice frameworks 240 Sandra Jazmin Barragán-Contreras 17 Energy justice as a new communal project? Community energy systems and the energy access gap 253 Vanesa Castán Broto and Enora Robin 18 Energy justice in Southwest Iran: mitigating the socio-economic and environmental impacts of the fossil fuel sector and building the principles of community-guided development 269 Farzaneh Khayat and Lemir Teron 19 Ensuring the just in just transition: making the case for a community-level perspective 290 Liv Yoon 20 Energy democracy and energy justice in conversation: interconnections, divergences and ways forward 303 Julie L. MacArthur, Cathrine Dyer and Derya Tarhan Afterword 319 Kieran Pradeep Index

Read more less

Book SynopsisWhat happens when electric utility monopolies pursue their acquisition interests undisciplined by competition, and insufficiently disciplined by the regulators responsible for replicating competition? Since the mid-1980s, mergers and acquisitions of U.S. electric utilities have halved the number of local, independent utilities. Mostly debt-financed, these transactions have converted retiree-suitable investments into subsidiaries of geographically scattered conglomerates. Written by one of the U.S.'s leading regulatory thinkers--a litigating attorney, regulatory advisor, expert witness and law professor--this book combines legal, accounting, economic and financial analysis with insights from the dynamic field of behavioral economics. With a clear assessment of the 30-year march of U.S. electricity mergers, the author describes the economic losses that result when merger promoters and their transactions face neither the discipline of competition nor the rigors of regulation. This work is essential reading for regulatory practitioners, consumer advocates and investment advisors--as well as citizens concerned with concentration of economic power. The principles explored are relevant anywhere regulated utility monopolies have the legal right to merge, acquire or be acquired.Trade Review'Scott Hempling's important new book challenges us to think differently about purchases, sales, and mergers of electric utilities. Drawing on his vast understanding of this industry, he argues that utility franchises are public privileges intended to serve consumers but have become commodities batted around by private financial interests. He explains how this has come about, with what effects, and what now needs to be done to fix it. This book is a must-read for all who care-and should care-about the private exploitation of public interests.' --ohn Kwoka, Finnegan Distinguished Professor of Economics, Northeastern University, US'Scott Hempling does what few in the utility regulatory sphere do. He challenges the regulator to deeply and fundamentally evaluate the public policy that underpins their decision making. Here he has chosen one of the most important areas of regulation to issue that challenge-utility mergers. As this carefully researched and meticulously documented analysis is widely read by current and future commissioners it will, no doubt, transform that process for the good of all consumers.' --Jon Wellinghoff, CEO of GridPolicy, Inc. and former Chairman, Federal Energy Regulatory Commission, USTable of ContentsContents: Part I The transactions: Sales of public franchises for private gain, undisciplined by competition, producing a concentrated, complicated industry no one intended 1. Diverse strategies, common purpose: selling public franchises for private gain 2. Missing from utility merger markets: competitive discipline 3. The structural result: concentration and complication no one intended Part II The harms: Economic waste, misallocation of gain, competitive distortion, customer risks and costs 4. Suboptimal couplings cause economic waste 5. Merging parties divert franchise value from the customers who created it 6. Mergers can distort competition: market power, anticompetitive conduct and unearned advantage 7. Hierarchical conflict harms customers Part III Regulatory lapses: Visionlessness, reactivity, deference 8. Regulators' unreadiness: checklists instead of visions 9. Promoters' strategy: frame mergers as simple, positive, inevitable 10. How do regulators respond? By ceding leadership, underestimating negatives and accepting minor positives 11. Explanations: passion gaps and mental shortcuts Part IV Solutions: Regulatory posture, practices and infrastructure 12. Regulatory posture and practice: less instinct, more analysis; less reactivity, more preparation 13. Regulatory infrastructure: strengthen regulatory resources, clarify statutory powers, assess mergers’ effects References Index

Read more less

Book SynopsisThe authors of this in-depth study describe the theory and techniques that can be applied to the specific case of valuing potable water provided by groundwater supplies. The theory and techniques can be extended to valuing drinking water provided by surface water supplies, and also to valuing alternative levels of water quality. The theory and case studies discussed in the book suggest that important determinants of the economic value of water quality include: the probability of contamination measured objectively and subjectively, information on actual levels of contamination in household water supplies, socioeconomic characteristics of households, and the extent to which the values of water quality people hold include non-use components. The case study results also suggest that empirical valuation results are sensitive to study design effects such as the particular statistical technique used to estimate mean or median values. These results suggest that estimating water quality values using benefits transfer techniques is problematic, but perhaps feasible with improved data and valuation models.Government agencies, private consulting firms and NGOs involved in water quality policy as well as academic researchers, professors and students will find this volume of theory, application and technique an invaluable reference.Trade Review'. . . the book is of immediate policy significance. Those developing ground water management strategies in the USA will find the value estimates useful.' -- Jeff Bennett, Australian Journal of Environmental ManagementTable of ContentsContents: Preface 1. Economic Value of Water Quality: Introduction and Conceptual Background 2. Determinants of Ground Water Quality Values: Georgia and Maine Case Studies 3. Information and the Valuation of Nitrates in Ground Water, Portage County, Wisconsin 4. Measuring the Value of Protecting Ground Water Quality from Nitrate Contamination in Southeastern Pennsylvania 5. Ground Water, Surface Water, and Wetlands Valuation in Ohio 6. Assessing the Accuracy of Benefits Transfers: Evidence From a Multi-Site Contingent Valuation Study of Ground Water Quality 7. Benefits Transfer: The Case of Nitrate Contamination in Pennsylvania, Georgia and Maine 8. A Preliminary Meta Analysis of Contingent Values for Ground Water Quality Revisited 9. Summary and Conclusions Index

Read more less

Book SynopsisThe challenge to manage the allocation of water efficiently and equably will become a dominant theme of the new millennium. At a time when the cost of obtaining fresh water is rising throughout the globe, Terence Lee analyses the means for establishing and operating effective water markets. He proposes the application of economic instruments and the transfer of water management administration to the private sector as a means to guarantee acceptable water quality in the future in both developed and developing countries. This treatment of water as an economic commodity implies a change in the traditional role of governments in water management.The themes explored in this book will be of interest to environmental and resource economists as well as practitioners and policymakers.Trade Review'Interest in water resources reallocation via water markets has been increasing over the last two decades in response to several factors, and while many authors have devoted attention to the whys, wherefores, and implications of resource shifts, as well as to the relative successes and failures of water markets, few have given the market mechanism itself as careful consideration as Terence Richard Lee. . . Lee has provided a valuable look at how privatization might be accomplished and effectively managed. . .' -- David Shively, Economic GeographyTable of ContentsContents: Introduction 1. Confronting the Scarcity of Water 2. Institutional Approaches Towards Water Management 3. Allocating Water Among Competing Users 4. Private Participation in Water Management 5. Regulation 6. Water Management and the Challenges of the 21st Century Index

Read more less

Book SynopsisEvery year the Institute of Economic Affairs and the London Business School publish a volume of essays about Britain's system of utility regulation, with additional discussion of regulation in other countries. The book is a must for those interested in regulation, because it is an up-to-date review of the major issues in the field and includes the views of the sector regulators and the general competition authorities.Two papers are presented on each issue: the first by a distinguished academic or other expert and the second, a shorter comment, usually by the relevant regulator.Trade Review'This is a wide-ranging and fascinating book which deserves the close attention of anyone interested in regulatory issues. It combines challenging papers by recognised authorities, with commentaries by regulators and others with high-level practical experience in the field.' -- Philip Wright, The Journal of Energy LiteratureTable of ContentsContents: Introduction: Colin Robinson 1. Water: The 1999 Price Review – Colin Mayer, Chairman’s Comments – Colin Robinson 2. Alternative Approaches to Financial Regulation – David Llewellyn, Chairman’s Comments – Howard Davies 3. Competition Act Assessments and Economic Efficiency – George Yarrow, Chairman’s Comments – John Bridgeman 4. NETA and Transmission – Ralph Turvey, Chairman’s Comments – Eileen Marshall 5. The Future of European Communications Regulation: An Assessment of the European Commission’s 1999 Communication Review – Martin Cave and Luigi Prosperetti, Chairman’s Comments – David Edmonds 6. Railway Franchising: Is It Sufficient? On-Rail Competition in the Privatized Passenger Rail Industry – Ian Jones, Chairman’s Comments – Tom Winsor 7. A New Deal For Airports? – David Starkie, Chairman’s Comments – Malcolm Field 8. Gas: Regulatory Response to Social Needs – Catherine Waddams, Chairman’s Comments – Callum McCarthy 9. The Competition Commission: Prospects and Problems – Dan Goyder, Chairman’s Comments – Derek Morris Index

Read more less

Book SynopsisDespite the extensive body of literature on energy economics, very little economics research has been conducted that focuses specifically on dams and hydroelectric power. Brian Edwards addresses this deficiency by examining the multiple roles that dams play, as well as the role of hydroelectric power within the context of the energy industry. Brian Edwards provides an in-depth analysis of how dams are used in water management, flood control and irrigation, as well as the environmental impacts of their construction and operation. He examines the types of restrictions imposed on operators to mitigate impacts, and the resulting tradeoffs between achieving hydroelectric generation and environmental management objectives. Also covered is the role of hydroelectric power in both a regulatory framework and within the context of the energy industry deregulation that has occurred in the US and other countries. A simple dynamic model of a hydroelectric generating facility forms the basis for other models discussed. Case studies of dams operated by the United States Department of Energy are also included.Environmental economists, researchers, policymakers, practitioners, and those interested in natural resources and the energy industry will find this a unique and valuable study.Trade Review'This book provides and accessible introduction to the economics of hydroelectric power supply and the role of environmentally motivated restrictions on water releases on hydro plant operations. It is important background reading for anyone interested in a better understanding of hydroelectric power operations. The modeling tools presented here offer a useful starting point for anyone wishing to model hydro facility operation and to study the effects of various environmental constraints on the costs of power supply.' -- Karen Palmer, The Journal of Energy and Development'This simplified applications-oriented introduction to the sometimes complex problem of scheduling integrated hydroelectric facilities provides a well-written entry-point for a rich field.' -- - William W. Hogan, Harvard University, USTable of ContentsContents: Preface 1. Introduction 2. The Uses of Dams and Hydroelectric Power 3. An Overview of Natural Resource Economics 4. How They Work 5. An Economic Model of Hydroelectric Power Provision 6. An Economic Model of Hydroelectric Power Provision with Environmental Constraints 7. Hydroelectric Power Provision by a United States Power Marketing Administration 8. Hydraulically-Coupled Dams: When One Dam is Not Enough 9. Hydraulically-Coupled Dams: A Case Study of the Aspinall Unit 10. Summary and Conclusions Bibliography Index

Read more less

Book SynopsisThe provision of water and sanitation services (WSS) in developing countries has traditionally been the preserve of the state, but recently there has been a move towards greater private sector participation (PSP).While the potential economic benefits of PSP are well-known, the authors extensively discuss the environmental and social implications unique to the sector. The focus of the book is on the crucial role public authorities must continue to play to guarantee sustainability, levels of service and access to a variety of consumers. The authors show how these objectives are realised in very different ways - and not always successfully - in developing countries. The authors critically review the current literature and include new case studies from Manila, Buenos Aires, Cordoba, Abidjan and Mexico City. Private Firms and Public Water will be of interest to regulatory officials, economists, development professionals and scholars, as well as government, business and NGOs.Trade Review'. . . the book is a useful exposition of some of the problems facing public regulators dealing with PSP in WSS in developing countries. It should be required reading for all working in the area.' -- Warren Musgrave, The Australian Journal of Agricultural and Resource Economics'The authors are to be congratulated on the appearance of a rare and important book, which provides much to think about in this topical area.' -- J.T. Winpenny, Development Policy Review'There is much useful information contained in this collection, a wealth of empirical evidence that shows in great detail the actual implementation of water service privatization. . . Both the editors and the authors of the individual case study sections have gone to great lengths to gather as much data regarding everything from service provision to user costs in order to paint what they hope is a reasonably full picture.' -- Pablo Shiladitya Bose, Natural Resources Forum'I think this is an important subject and the book is timely. It offers the reader a set of interesting and useful reviews of what is happening in this area in a number of developing countries. That there is a role for the private sector in financing sustainable development is not in doubt. But there are many pitfalls and a book such as this, which improves our understanding of how best to harness private resources is very welcome indeed.' -- Anil Markandya, University of Bath, UKTable of ContentsContents: 1. Introduction 2. Regulation of Social and Environmental Concerns with Increased Private Sector Participation in the Provision of Water and Sanitation 3. Water and Sanitation Provision in Low Income Neighbourhoods: The Scope for Service Differentiation and Decentralised Management 4. Private Sector Participation in Water Supply and Sanitation: Realising Social and Environmental Objectives in Buenos Aires 5. Private Sector Participation in Water Supply and Sanitation: Realising Social and Environmental Objectives in Manila 6. Private Sector Participation in Water Supply and Sanitation: Realising Social and Environmental Objectives in Mexico D.F. 7. Private Sector Participation in Water Supply and Sanitation: Realising Social and Environmental Objectives in Abidjan 8. Conclusions References Index

Read more less

Book SynopsisIn this unique work, Jennifer Considine and William Kerr contend that while OPEC currently dominates the international oil market, Russia will be a key player in the future international energy market. Indeed, Russia's petroleum resources rival those of Saudi Arabia.More than almost any other industry, future performance is often determined by the influence of decisions made in the past. This book provides a detailed history of the development of the Russian oil economy in order to build up a comprehensive and discerning picture of its future role and significance in the global energy market of the 21st century.The authors of this path-breaking treatment of the Russian oil economy present: an assessment of the effects of the political and macroeconomic development of the Russian Federation and former Soviet Union on the resources, reserves and infrastructure of the current oil industry an economic evaluation of the contemporary policies and institutions in the Russian Federation, including policy recommendations and forecasts detailed statistics on all aspects of the Russian oil industry, including reserves, production, five-year planning targets, government policy, and tax rates, from 1860-2001. The Russian Oil Economy will be of enormous interest to a wide-ranging audience, encompassing oil industry executives and analysts, investment bankers, energy consultants, energy policymakers, and those involved in the study, teaching and research of energy, Russian history and transition.Trade Review'The book can definitely be recommended to anyone studying various aspects of oil production in Russia as it provides a detailed chronological account of developments related to the oil industry and trade, placing them in the broader context of political, ideological, and economic situation.' -- Liia G. Karsakova, Comparative Sociology'The Russian Oil Economy is a book which was probably not intended for lawyers, and it is precisely for this reason that they should read it. It is a refreshing look at the developments which a lawyer sees mostly through the prism of a succession of normative acts. . . It is bound to be a very useful reference book both for a researcher and for anybody interested in the history of Russian oil.' -- Max Bannikov, International Energy Law and Taxation Review'This is a useful book for anyone trying to understand how the oil industry in Russia got to its present position. . . this book does provide a sound basis on which future views may be developed.' -- Philip Barnes, The Journal of Energy Literature'The Russian Oil Economy is a fine book that tells the history of the petroleum industry from its very start until the beginning of the 21st century . . . Considine and Kerr know their material well . . . [They] succeed in weaving the general history into the development of the petroleum industry. There is no lack of political and historical perspective, which generally makes for an interesting read.' -- Eckhard Janeba, The Journal of Energy and DevelopmentTable of ContentsContents: Preface 1. Introduction 2. Risky Business – Oil in the Russian Empire 3. The Command Oil Economy 4. An Industry Fit for a Superpower 5. Malaise at the End of the Command Era 6. Desperate Measures 7. The New Wild West 8. Russian Oil in the 21st Century Appendix A. The Early Regional Development of the Russian Oil Industry, 1860–1975 B. Reserve Classifications of the Soviet Union C. Long-Distance Oil Pipelines in Russia, 1908–1988 D. Internal Oil Pricing Policies of the Soviet Union References Index

Read more less

Book SynopsisThis fine collection of original essays is in recognition of Colin Robinson, who has been at the forefront of thinking in energy economics for over 30 years. Energy in a Competitive Market brings together both prominent academics and practitioners to honour his outstanding and unique contribution. The authors cover a wide and fascinating selection of topics incorporating the whole spectrum of energy economics. In doing so, they examine the belief that markets are the key to the effective allocation of resources, a notion which arguably applies as much to energy as it does to any other commodity. In particular, they focus on several pertinent issues including: competition and regulation in gas and electricity comparative efficiency analysis (yardstick competition) in electricity regulation UK coal in competitive markets vertical integration in the oil industry cluster developments in the UK continental shelf modelling underlying energy demand trends emissions targets, environmental Kuznets curves and incentive mechanisms. Colin Robinson's work on the economics of energy has influenced the thinking of academics, researchers and policymakers alike. This book, in his honour, will undoubtedly do the same.Trade Review'. . . These essays are solidly researched and documented, carefully expounded theoretically and empirically, and offer the reader new insights into energy market issues and problems of both the past and the future. . . This collection of essays is an excellent festschrift in honor of the substantial energy contributions of Colin Robinson over many years. Because of the essays' primary focus on UK and European matters, they may have more appeal to readers in those locations. Yet the competitive and regulatory themes advanced to improve performance in utilities may resonate well with North American readers interested in efficiencies and effectiveness, particularly after the August 2003 blackout, which affected a wide swath of the US and Canada. The articles on field cluster development, energy demand, and emissions trends and abatement are clearly of interest to readers on energy topics, regardless of their geographic location, for these subjects will be with us for some time to come. The collection constitutes a valuable contribution and advancement to the state of our knowledge in all the subjects addressed.' -- Maureen S. Crandall, The Energy Journal'This is a stimulating, informative and remarkably varied collection of papers. It illustrates the great diversity of topics and analytic techniques that characterise the modern competitive energy sector. The papers are a testament to the distinguished and consistent contributions that Colin Robinson has made to the understanding of this market, and to the development of policy therein.' -- Stephen Littlechild, University of Cambridge, UKTable of ContentsContents: Introduction 1. Electricity and Gas Regulation in Great Britain: The End of an Era 2. Yardstick Competition and Comparative Performance Measures in Practice 3. Yardstick Competition and Efficiency Benchmarking in Electricity Distribution 4. The Swiss Electricity Industry and the Regulation of Distribution Prices 5. Efficiency and Performance in the Gas Industry 6. UK Coal in Competitive Energy Markets 7. Economists and the Oil Industry: Facts versus Analysis, the Case of Vertical Integration 8. The Economics of Field Cluster Developments in the UK Continental Shelf 9. Modelling Underlying Energy Demand Trends 10. Long-run Carbon Dioxide Emissions and Environmental Kuznets Curves: Different Pathways to Development? 11. UK Emissions Targets: Modelling Incentive Mechanisms Index

Read more less

Book SynopsisWhy do organisations 'leave money on the floor' by neglecting highly cost effective measures to improve energy efficiency? This question lies at the heart of policy debates over climate change and is a focus of continuing dispute within energy economics. This book explores the nature, operation and relative importance of different barriers to energy efficiency through a comprehensive examination of energy management practices within a wide range of public and private sector organisations. The authors use concepts from new institutional economics to explain individual and organisational behaviour in relation to energy efficiency, and identify the mechanisms through which such barriers may be overcome. In doing so, they are able to shed new light on the 'barriers debate' and provide a valuable input to the future development of climate policy.Combining a critical evaluation of different theoretical perspectives with detailed case study research, this significant new book analyses how and why organisations waste energy and suggests practical policy measures to help prevent these losses. It will be required reading for professional economists, academics and students with an interest in energy use, environmental policy and organisational economics. It will also be highly relevant for policymakers and consultants working on the important policy issues surrounding energy efficiency and climate change.Trade Review'Energy efficiency apparently offers a highly cost effective way of cutting energy use and emissions of harmful greenhouse gases. Yet realising this potential remains an elusive goal. Policymakers and policy analysts debate what to do to overcome the so-called "barriers" to energy efficiency and, indeed, whether there is any problem at all. Steve Sorrell and his colleagues have performed an important service by picking their way through the theoretical undergrowth surrounding the economics of energy efficiency and substantiating their case with painstaking empirical research in the industrial and service sectors. Before anyone engages in yet another sterile debate about no-regrets energy efficiency measures, they should leaf their way through this book. This will show that there is no magic bullet for achieving energy efficiency - careful policy design targeted at specific sectors is what is needed.' -- Jim Skea, UK Energy Research Centre and Policy Studies Institute, UK'By means of detailed empirical research, this book examines energy management practices within a wide range of public and private sector organisations, including breweries, mechanical engineering firms and universities. This research is succinctly summarised in an analytically rich taxonomy of energy efficiency barriers. But the greatest academic and policy contributions of this important and timely book derive from its most impressive synthesis of the contrasting disciplinary approaches and theoretical insights - from analysis of economics, behaviour, organisational failure, rationality, adverse selection, moral hazards, risk, split incentives, and search and transaction costs. This will ensure its rightful place on all specialists' desks.' -- John Chesshire, OBE, Chairman of the Energy Efficiency Partnership for Homes, Member of the UK Government's Sustainable Energy Policy Advisory Board, and past President of the Institute of Energy, UKTable of ContentsContents: Preface 1. Introduction 2. Understanding Barriers to Energy Efficiency 3. Energy Costs – Why Bother? Barriers to Energy Efficiency in the German Higher Education Sector 4. Leaving Money on the Floor: Barriers to Energy Efficiency in the UK Higher Education Sector 5. Standing on a Burning Platform: Barriers to Energy Efficiency in the UK Brewing Industry 6. Production Must Go On: Barriers to Energy Efficiency in the Irish Mechanical Engineering Industry 7. Regulations are not Enough: Barriers to Energy Efficiency in the UK Construction Industry 8. Barrier Busting: Overcoming Barriers to Energy Efficiency Index

Read more less

Book SynopsisThe issue of electricity reform has been on the agenda in Europe for a decade and remains a high priority for policymakers looking to the future. However, the performances of new electricity markets are still not clear and arouse significant controversy. This book focuses on the diversity of electricity reforms in Western Europe, drawing evidence from ten European Union memberstates plus Norway and Switzerland as associate members. The contributors analyse the various ways of introducing competition in the European electricity industries, and consider both the strategies of electricity companies and their behaviour in electricity marketplaces. They also offer an explanation of the differences of reforms by the institutions and the industrial structures of each country which shape the types of marketrules, industrial restructuring and public service regulations which have been adopted.As a whole, this volume will attract scholars, PhD and post-graduate students, notably those interested in energy economics, comparative institutional economics and applied industrial economics. European and non-European energy companies or regulatory authorities looking for an independent and analytical overview of European electricity markets will also find this book of great interest.Trade Review'The collaborators for this book have provided a great service to those interested in this vital energy industry. . . readers with either a practical or academic interest in power sector reform will find this book timely and of great interest.' -- Robert Skinner, The Journal of Energy Literature'. . . an excellent overview of entrepreneurial and regulatory strategies in the European electricity industries. . .' -- Carsten Grave, European Competition Law Review'An excellent collection of papers examining alternative approaches to introducing competition into the electricity sectors of European countries. There is much to learn about how to improve the performance of electricity market liberalization in all countries from the studies in this volume.' -- Paul L. Joskow, Massachusetts Institute of Technology, USTable of ContentsContents: Introduction 1. The Making of Competitive Electricity Markets in Europe: No Single Way and No ‘Single Market’ Part I: The British and Scandinavian Pioneers 2. Electricity in England and Wales: Efficiency and Equity 3. Reforming the Reform in the Electricity Industry: Lessons from the British Experience 4. Strategic Pricing for Network Access: Evidence from Electricity Distribution in England and Wales 5. The Deregulated Electricity Markets in Norway and Sweden: A Tentative Assessment 6. The Nordic Public Ownership Model Under Transition to Market Economy: The Case of Electricity Part II: The Making of Electricity Markets in Western Central Europe 7. Competition and Market Power in Northern Europe 8. New Corporate Strategies in the German Electricity Supply Industry 9. The Implementation of the EU Directive for Electricity in Austria: A New Era for the Austrian Electricity Supply Industry 10. Opening the Swiss Electricity Market to Competition Part III: The Making of Electricity Markets in Southern Europe 11. Introducing Competition in the French Electricity Supply Industry: Erosion of the Public Hierarchy by the European Institutional Integration 12. Electricity Sector Restructuring in Belgium 13. Institutional and Organizational Reform in the Italian Electricity Supply Industry: Reconciling Competition with the Single Tariff 14. The Iberian Electricity Market: Towards a Common Market? Index

Read more less

Book SynopsisThrough a variety of analytical lenses - formal modeling, econometrics and case study comparisons - Carlos RufIn fills a gap in the political economy of second-wave, or microeconomic, reforms around the world. More specifically, he does so in the context of the electricity supply industry, where such reforms have been as problematic as they have been widespread. The author shows that ideological considerations and bargaining over the distribution of economic rents accruing from certain institutional arrangements are powerful shapers of institutional change. At the same time, the legacy of the past does not appear to have a clear or systematic effect on the direction of second-wave reforms that seek to transform existing economic institutions. If distributional conflicts can be resolved, these conclusions provide grounds for optimism about the ability to create new institutions even in countries where little favorable precedent exists. Political economy and public policy scholars, specialists on business-government relations and non-market strategy and those interested in Latin America will find this comprehensive book of great interest. Practitioners involved in the design and implementation of second-wave reforms around the world will find this an essential addition to their library.Trade Review'Institutional change is seldom easy. However, research such as this should help in a major way to keep expectations connected to reality and to provide guidance that points to hidden assumptions about the fertility of the field of reform and unintended consequences of planting before the ground is prepared.’ -- From the foreword by William W. HoganTable of ContentsContents: Foreword by William W. Hogan 1. Introduction 2. The Model 3. Cross-Sectional Tests 4. A Comparison of Four Latin American Cases 5. Explanatory Factors 6. Putting the Pieces Together: ESI Restructuring in Argentina, Bolivia, Brazil and Chile 7. Understanding Institutional Change Appendix 1: Major Variables Used in the Regression Tests and Correlation Coefficients for Dependent and Explanatory Variables Appendix 2: Operationalization of Dependent and Explanatory Variables Bibliography Index

Read more less

Book SynopsisThis volume is the latest in an annual series, published in association with the Institute of Economic Affairs and the London Business School, which provides an up-to-date review of the state of utility regulation in Britain, with some relevant overseas comparisons. The book, edited and with an introduction by Colin Robinson, covers many of the major issues and significant developments in the field of regulation and competition policy. In each case, essays by expert contributors are followed by the views of the sector regulator.This volume will prove invaluable to practitioners, policymakers and lawyers involved in monopoly regulation, regulatory reform and deregulation.Trade Review'I found the book useful for my teaching, especially to obtain material on recent developments in this field, particularly with respect to the UK. . . I highly recommend this book. I found it extremely useful for teaching courses in regulatory economics and regulation and competition policy. . . The book is also important reading for policy decision-makers, politicians and university students in this field, both undergraduates and postgraduates.' -- Clevo Wilson, Economic Analysis and Policy'Utility regulation is a wide topic and this book edited by Colin Robinson has a little something for everyone interested in the subject.' -- Christopher Joshi Hansen, The Journal of Energy LiteratureTable of ContentsContents: Introduction by Colin Robinson 1. UK Transport Policy, 1997–2001 – Stephen Glaister, Chairman’s Comments – Tom Winsor 2. Electricity: Regulatory Developments Around the World – Stephen Littlechild, Chairman’s Comments – Eileen Marshall, CBE 3. Prospects for Gas Supply and Demand and their Implications with Special Reference to the UK – Alexander G. Kemp and Linda Stephen, Chairman’s Comments – Callum McCarthy 4. The Ingredients of Effective Competition Policy – Irwin M. Stelzer, Chairman’s Comments – Derek Morris 5. Regulatory Incentives and Deregulation in Telecommunications – Leonard Waverman, Chairman’s Comments – David Edmonds 6. An End to Economic Regulation? – Robert W. Crandall, Chairman’s Comments – Penelope Rowlatt 7. Mutualization and Debt-Only Vehicles: Which Way for RPI-X Regulation? – David Currie, Chairman’s Comments – Philip Fletcher 8. International Mergers: The View from a National Authority – John Vickers 9. Liberalizing Postal Services – John Dodgson, Chairman’s Comments – Graham Corbett Index

Read more less

Book SynopsisThis book examines the ongoing transformation of public utilities, also known as network-based industries, in Western Europe and the United States. Examples are telecommunications, energy, and water distribution. Most of these network-based industries were until recently natural monopolies. Over the last two decades national governments have embarked upon privatization, deregulation and liberalization of their public utilities. The contributors in this volume examine the many related aspects, including: key characteristics and regulation of network based industries the emerging EU regulatory framework corporate strategies, industry dynamics, and organizational performance case studies from the telecommunications and water industries engineering competition versus engineering regulation. This book provides a non-ideological and multidisciplinary overview of recent views and experiences with the liberalization, privatization and regulatory reform of public utilities in Europe and the United States. As such it will be of interest to scholars and researchers of institutional economics, and organizational studies, as well as regulators, policymakers and consultants involved in both studying and governing network-based industries.Trade Review'The introductory chapter by the editors is extremely wide-ranging and therefore very useful for any reader not yet introduced to the manifold intricacies of this topic. What is remarkable about this chapter is that three aspects are dealt with at the same time: the driving forces of the reform of network industries, the economics of pro-competitive regulation of them, and the political and institutional traps/complexities of this process. If this were not enough, it is done with a view on both the US and Europe. The remainder of the book shows, sometimes with painstaking detail, not only how difficult it is for regulators and their political masters but also for incumbents and not just for new entrants, as is always stressed. It shows the tricky question of extending reforms to the water and sewage sectors, how complex state/company interactions are in the first and later stages of reform and how hard it is to design 'regulation' properly in the second generation.' -- Jacques Pelkmans, College of Europe, Bruges and Centre for European Policy Studies, Brussels, BelgiumTable of ContentsContents: Introduction: Making Markets and Controlling Competition: Regulatory Reform in Public Utilities Part I: Perspectives on Engineering Competition 1. Engineering Competition: The European Approach 2. The Role of Regulation in an Era of Partial Competition Part II: Empirical Overview Papers 3. The Dynamics of Regulation: Performance, Risk and Strategy in the Privatized, Regulated Industries 4. The Privatization of Infrastructures in the Theory of the State: An Empirical Overview and a Discussion of Competing Theoretical Explanations Part III: Country/Sector Studies 5. Policies for Open Network Access 6. Liberalization and Technical Change in Finland 7. A Waterloo of Utility Liberalization? How Great Deregulation Expectations were Dashed by the Dutch Water Industry in the 1990s Part IV: Conclusion 8. Engineering Competition – Or Engineering Regulation? Index

Read more less

Book SynopsisThe vital importance of energy and the challenges associated with it necessitate the efficient structuring of energy markets and well-designed policies. This book presents an economic analysis of the main effects of liberalizing the electricity and natural gas markets across Western Europe. It is based on a state-of-the art detailed numerical simulation model that takes account of the interlinkages between different energy markets. Short-run and long-run effects are identified and the robustness of results is tested. Separate chapters discuss climate policy, renewable energy and the role of Russia. A key finding is that liberalization lowers energy prices and increases consumption, particularly in the electricity markets where prices fall by 25 per cent on average in the short run. Effects are somewhat stronger in the long run, as investment options are utilized. The welfare benefits of liberalization are considerable in the long run. However, liberalization increases emissions of CO2. The welfare costs of fulfilling Western Europe's Kyoto obligations depend highly on the policies implemented, but are at least as large as the benefits of liberalization.This book centres on the effects of the liberalization of European energy markets, given that the liberalization process proceeds as the EU has proposed it. The process thus far has been slow, not least because of considerable resistance from key agents in the market, and the final outcome is not clear.Graduate students and researchers in energy economics, numerical economic modeling and operational research will warmly welcome Liberalizing European Energy Markets. It will also appeal to both energy policymakers and management in the energy industries of Europe.Trade Review'. . . this book provides much food for thought. The authors have done a good job of summarising the extensive detail underlying their work, and have described their assumptions and conclusions very clearly. . . it provides a good starting point for debate about the future and the development of energy policy.' -- Gay Wenban-Smith, International Energy Law ReviewTable of ContentsContents: 1. Introduction 2. The LIBEMOD 2000 Model 3. Short-Run Effects of Liberalization 4. Long-Run Effects of Liberalization 5. Robustness Analyses and Alternative Future Scenarios 6. Policies for Clean and Renewable Energy Production 7. Energy Liberalization in Russia Appendices References Index

Read more less

Book SynopsisThe economics of energy has been a contested issue over the past century. Although it has not figured prominently in mainstream economics, numerous alternative proposals have called for energy to play a more central role in economic theory. In this highly original and enlightening volume, Guido Buenstorf develops a new conceptual approach to the economics of energy which originates from recent advances in evolutionary economics.The book proposes a non-reductionist, evolutionary approach to the economics of energy and sets out by asking how energy use in production contributes to the use value of goods. Based on a sequential production framework, the author re-interprets the notion of factors of production, identifies long-term patterns of change in energy use, and highlights the role of technical interdependence in adopting new energy technologies. This approach is then applied to three historical cases of energy innovation: the transition from wood to coal, the introduction of the steam engine, and the electrification of industrial production. Academics and researchers in the fields of evolutionary economics, ecological economics and innovation will welcome this fresh and illuminating interpretation of the economics of energy and its role in the process of production.Trade Review'To a non-economist interested in energy this book promised and delivered a lot. . . I recommend the book highly to university teachers and policymakers as a thought-provoking explanation of why energy deserves to be back on the agenda.' -- Sonja Boehmer-Christiansen, Energy and Environment'This book makes a fundamental contribution to economics, in that it deals with production theory from a perspective that integrates economics with engineering and science. It represents a far more realistic interpretation than the standard neoclassical approach and will act as a stimulus for further research in this area.' -- Robert U. Ayres, INSEAD, France'Guido Buenstorf's book is a splendid attempt to break new ground in the theory of production. Turning away from the ever more abstract - and theoretically empty - production function approach, he shows how changing physical constraints in the utilisation of energy systematically affect production processes in the economy. With his analysis the author challenges the value based approach to production. He outlines the contours of a richer theory, which is capable of accounting for physical and technological aspects without losing sight of their economic implications.' -- Ulrich Witt, Max Planck Institute for Research into Economic Systems, Germany'No production is possible without energy. Neoclassical production theory with its price-theoretic focus has neglected this fundamental fact. To understand the economic process it is necessary to consider its real side. By analysing it from a conceptual, evolutionary and historical point of view, Guido Buenstorf gives energy the attention it deserves in economic analysis.' -- Malte Faber, University of Heidelberg, GermanyTable of ContentsContents: Preface 1. Introduction: Energy is Back on the Agenda 2. The Physical Perspective on the Economy and its Limitations 3. Production as a Sequential Process 4. More than Heat and Light: The Services Provided by Energy Use in Production 5. Changing Power Relations: The Long-Term Development of Energy Use in Production 6. Process Innovations in Sequential Production 7. A Closer Look at Change: Three Historical Examples of Energy Innovations 8. Conclusions References Index

Read more less

Book SynopsisExamining the reform and restructuring of the electricity industry in China, India and Russia, this book explores the way that local conditions and institutions shape the commitment, direction and speed of public utility reform in the three countries. It questions the validity of the argument that one model for electricity reforms will work in all countries, on the grounds that the industry is the same everywhere, by examining the World Bank's involvement in economic reforms in developing and transition economies.The author asks how the template developed by the World Bank has affected the three countries and seeks to explain why changes took place, how effectively they have been proceeding, and what the consequences are for these countries. In so doing, Electricity Reform in China, India and Russia challenges both the assumption behind the new reform paradigm - that market competition is the panacea for all the ills of the electricity industry - and the oft-cited belief that a single template can work in different environments.China, India and Russia have different political and economic systems and at different development stages. Xu Yi-chong uses the experience of the three countries to illustrate the complications created by the use of a single template, a policy encouraged by the World Bank, to direct reform and the need to appreciate the different problems that each had to overcome.Academics and students who are interested in comparative politics, comparative economics, public policy and particularly the reform of public utilities will find this work of great interest, as will practitioners and those who are involved in restructuring the electricity industry worldwide.Trade Review'The book provides a useful and stimulating view of a controversy that will stay with us for many years - not least because governments will be trying to work out how, having taken the initial steps toward reform, to move ahead.' -- Philip Andrews-Speed, Far Eastern Economic Review'This is an excellent book. The author has taken up three enormous countries, the world's two most populous and the largest in area, and examined electricity reform in them. Economics is only one of the disciplines used, with appeals also to law, politics and history. The author comes up with a conclusion that is quite critical of the processes of corporatisation and privatisation that have dominated reform in electricity and much less enthusiastic than the conventional wisdom of economists. The book includes references to many countries other than China, India and Russia, and is arranged topically, not country by country, which brings out the comparative nature of the study and makes it more interesting and convincing. This book is insightful, unconventional even provocative, brilliantly argued, highly scholarly, thickly documented, wide-ranging and timely. All those with policy-making, specialist or generalist interest in this critically important area should read this splendid book.' -- Colin Mackerras, Griffith University, AustraliaTable of ContentsContents: 1. Introduction 2. Electricity Reform: Changing the Consensus 3. Building Electricity System 4. Initiating Changes 5. Ownership Reform 6. Structural Reform 7. Regulatory Reform 8. Reform Complications 9. Conclusion References Index

Read more less

Book SynopsisUsing a multidisciplinary approach that draws on their in-depth experience in the fields of energy, environment, and economics, the authors develop a comprehensive analytical framework. They apply their methodology to four detailed studies of Sri Lanka's energy sector, illustrating how to address key energy and environmental policy issues found in many developing countries today. Supplementary case examples are presented which also draw on many other countries in Asia and Africa. The main energy-related areas discussed include electric power, new and renewable energy sources, transport and oil-based fuels, and greenhouse gas emissions. The methodological tools of energy and environmental economics provide a rational basis for identifying policy priorities, evaluating them, and developing more sustainable energy options. The results of the studies are presented in an integrated manner, and contribute to the practical resolution of many important public policy issues. How to deal with risk and uncertainty, and how to identify robust policy options, are major themes that run throughout the volume. Energy and environmental economists, and graduate students interested in an introduction to the analytical methods used in recent World Bank projects on renewable energy and sustainable development will find this book of great value, as will decision makers and policy analysts in developing countries.Trade Review'It is commendable that this book uses a multidimensional approach to address the issues of sustainable energy in developing countries, which brings together both economical and environmental issues of energy use. In addition, the authors wherever possible try to raise the issues, which have received less research attention until now and they persuade and stimulate energy and environmental researchers to make their contributions towards these burning issues. . . the book serves as a useful reference for energy and environmental economists, graduate students and policy analysts in developing countries.' -- Kanchana Wickramasinghe, South Asia Economic JournalTable of ContentsContents: Foreword by Karu Jayasuriya, MP 1. Introduction 2. The Present Situation 3. Valuation of Health Damage Costs 4. Economics of Imported Fuels 5. Resolving Technology and Fuel Choice Problems for Power Generation 6. The Economic and Environmental Costs of Traffic Congestion 7. The Economic and Environmental Costs of Fuel Price Distortions 8. Introducing Unleaded Gasoline 9. Options for GHG Emission Reductions 10. Dealing with Uncertainty: A Real Options Framework for Carbon Trading 11. Renewable Energy for Rural Electrification 12. Summary and Implications for Policy Bibliography Index

Read more less

Book SynopsisP.B. Anand argues that if water supply and sanitation were mainly problems of technology or financial resources, they would have been resolved long ago. While appreciating that technology and finances are important, he ascertains that there are many other factors affecting our ability to intervene and improve the effectiveness of policies. The author explores these factors, raising questions such as 'How is water scarcity defined?', 'Are there patterns that indicate how nations use available freshwater resources?', 'Does water shortage make nations use water more efficiently?', and 'What explains the variation in progress with regard to Millennium Development Goals related to water and sanitation?'. Other important themes examined include: availability and use of water resources inequality in access to water the role of institutions and policies access to water and sanitation river water agreements and disputes consumer perspectives and water utility management. Underpinned by international datasets and national- and local-level case studies based on primary research, the study identifies issues for policy and further research. As such, it will provide a fascinating and stimulating read for researchers, students and academics with an interest in water economics and public policy. Practitioners focusing on water management, sustainable development, water supply and health will also find this book useful.Trade Review'. . . it will provide a fascinating and stimulating read for researchers, students and academics with an interest in water economics and public policy. Practitioners focusing on water management, sustainable development, water supply and health will also find this book invaluable.' -- CABI'Those seeking an informed overview of the social and economic aspects of water issues in developing contexts today would do well to read P.B. Anand's book. Scarcity, Entitlements and the Economics of Water in Developing Countries is extensive - covering local, sub-national and international aspects of water scarcity, the human right to water, transboundary water disputes and progress on the Millennium Development Goals. . . It will be of interest to water resource managers, urban water and sanitation policy-makers, international donors, and students of environmental justice, water issues, and development more broadly. . . Anand's book is recommended as useful and interesting reading primarily for its broad range and interdisciplinary approach.' -- Mark Zeitoun, Waterlines'In this creative study Anand applies environmental economic tools and concepts to analyze water issues in developing countries. . . The author carefully integrates the poverty, inequality, and development issues of water; and he meticulously discusses the intertwined rivalrous and excludable public good characteristics of water supply. . . Highly recommended.' -- B.F. Hope, Choice'The book eloquently illustrates the economics of water and how economics can increase the understanding of topics such as water inequalities and the role of institutions. It convincingly explores and explains water scarcity, supply and demand to demystify water topics. It commendably presents different views and interpretations on contentious water topics such as large-scale dams, transboundary water and privatization of household water supply. In particular, the conceptual framework is helpful in illuminating the interface between water and well-being. The book contains several case studies and water multi-sectors, such as dams, water supply and sanitation and water resources and appeals to a wide readership interested in various water topics and their implementation.' -- Hakan Tropp, Stockholm International Water Institute (SIWI), SwedenTable of ContentsContents: Preface 1. Introduction 2. Investigating Water ‘Scarcity’ 3. Access to Water Supply: Achieving the Millennium Development Goal 4. Sharing Water Peacefully: Understanding Transboundary Water-Resource Conflicts 5. An Analysis of a River Dispute: Interaction of Politics and Economics 6. Improving Access to Water: Institutions, Entitlements and Inequality 7. Consumer Preferences and Public Policy 8. Justice, Rights and Sustainability: Access to Water and the Capability Approach 9. Conclusions and a Research Agenda Bibliography Index

Read more less

Book SynopsisThis book is the latest annual review of utility regulation and deregulation, published in association with the Institute of Economic Affairs and the London Business School. It contains a series of chapters from leading practitioners in the field which comment on the most significant and up-to-date developments. Topics include US telecoms deregulation, road network regulation, UK competition policy, Ofcom and light touch regulation, railway regulation, the liberalisation of European utility markets, postal regulation, investment and regulation, and energy regulation in the UK. Two papers are presented on each issue: the first by a distinguished academic or industry expert and the second, a shorter comment, usually by the relevant regulator. Together they show how regulation and deregulation are evolving, and highlight the successes which have been achieved and the failures which must be overcome. This book will be of considerable value to practitioners, policymakers and academics involved in regulatory reform and regulatory economics. It will also be of interest to anyone wishing to gain an overview of international regulatory policies.Trade Review'I enjoyed very much reading this book; it will be of great interest to practitioners, policymakers and academics involved in regulatory reform.' -- Alexandre de Streel, European Competition Law ReviewTable of ContentsContents: Introduction 1. The Failure of Good Intentions: The Collapse of American Telecommunications after Six Years of Deregulation – J. Gregory Sidak, Chairman’s Comments – David Edmonds 2. Road Networks: Efficiency, Externalities and Consumer Choice – David Starkie – Chairman’s Comments – Leonard Waverman 3. The Enterprise Act: Pluses and Minuses for Competition Policy – George Yarrow – Chairman’s Comments – Sir Derek Morris 4. Ofcom and Light Touch Regulation – Martin Cave – Chairman’s Comments – Irwin Stelzer 5. What to do About the Railways? – Chris Nash – Chairman’s Comments – Tom Winsor 6. Liberalizing Utility Markets in the European Union – Frits Bolkestein – Chairman’s Comments – Philip Fletcher 7. Measuring the Success of Postal Regulators: Best Practice in Postal Regulation – Ian Senior – Chairman’s Comments – Graham Corbett 8. Can Regulation Address the Investment Problem? Examples from Aviation – Doug Andrew – Chairman’s Comments – Andrew Sentance 9. Gas, Electricity and the Energy Review – Colin Robinson – Chairman’s Comments – Callum McCarthy Index

Read more less

Book SynopsisSustainable development and global climate change have figured prominently in scientific analysis and international policymaking since the early 1990s. This book formulates technology strategies that will lead to environmentally sustainable energy systems, based on an analysis of global climate change issues using the concept of sustainable development. The authors focus on environmentally compatible, long-term technology developments within the global energy system, while also considering aspects of economic and social sustainability. The authors analyze a large number of alternative scenarios and illustrate the differences between those that meet the criteria for sustainable development and those that do not. As a result of their analysis, they identify a variety of promising socio-economic and environmental development paths that are consistent with sustainable development. One sustainable-development scenario and its policy implications are then presented in detail from a technology change perspective. The authors propose ambitious targets for technology adoption that are judged to achieve the desired socio-economic and environmental goals. Although the optimal policy mix to pursue these targets is clearly country-specific, the authors suggest that energy-related R&D that leads to technology performance improvements and the promotion of technology adoption in niche markets are the policy options which will yield the most significant long-term benefits.Policymakers, economists and researchers working on sustainability, energy economics, and technology change and innovation will welcome this topical and highly readable book.Table of ContentsContents: Foreword Preface 1. Sustainable Development and Climate Change 2. Methodology 3. Energy–Economy–Environment Scenarios at IIASA-ECS 4. Technology Clusters 5. A Sustainable–Development Scenario in Detail 6. Summary and Policy Implications Index

Read more less

Book SynopsisGovernments, Competition and Utility Regulation continues the series of annual books, published in association with the Institute of Economic Affairs and the London Business School, which critically reviews the state of utility regulation and competition policy. The book contains incisive chapters on competition policy and trade, antitrust and consumer welfare, merger control and efficiency, emissions trading, Ofcom and convergence, energy regulation and competition, regulating the London Underground, the future of water regulation and European merger control.Chapters on each topic are followed by comments from regulators, competition authority chairmen and other experts in the relevant fields. The book provides analysis of and commentaries on the most significant developments in regulation and competition policy, drawing on experiences in Britain, the United States and the European Union, as well as in international trade negotiations. It will be of value to practitioners, policymakers and academics who are concerned with regulation, deregulation and policies to promote competition.Trade Review'The book is written by a group of academic researchers and practitioners and, as such, provides insightful analyses from both theoretical as well as practical perspectives. It will be of value to policymakers, industry stakeholders, and regulators who are interested in utility regulation and policies to foster a competitive market environment.' -- International Energy Law and Taxation ReviewTable of ContentsContents: Introduction 1. Competition Policy and Trade: The WTO after the Cancun Meeting – Frédéric Jenny, Comment – Geoffrey Owen 2. Does Antitrust Policy Improve Consumer Welfare? Assessing the Evidence – Robert W. Crandall and Clifford Winston, Comment – David Arculus 3. Efficiencies in Merger Control – Jrissy Motis, Damien Neven and Paul Seabright, Comment – Sir John Vickers 4. Emissions Trading: A Market Instrument for our Times – Charles Nicholson, Comment – Colin Robinson 5. Ofcom: A Converged Regulator? – Annegret Groebel, Comment – Colin Robinson 6. Energy Regulation and Competition after the White Paper – Eileen Marshall, Comment – Stephen Littlechild 7. Regulating London Underground – Chris Bolt, Comment – Tom Winsor 8. Commitment and Control in Regulation: The Future of Regulation in Water – Colin Mayer, Comment – Philip Fletcher 9. Do We Need European Merger Control? – Jacques Steenbergen and Leonard Waverman, Comment – Derek Morris Index

Read more less

Book SynopsisThis book explores the important role that economic performance measurement is playing in the regulation of network utilities in many countries today. The contributors to the book - researchers from academia, regulatory agencies and consulting firms - address the use of efficiency measures in price regulation and in assessing the effects of past regulatory reforms. Industries examined include electricity supply, water supply, telecommunications and airlines, across a range of countries including the USA, UK, Norway, the Netherlands, Australia and New Zealand.Performance Measurement and Regulation of Network Utilities is unique in that, unlike many other books in this area, it is devoted to the use of performance measurement in these regulatory settings. It is a timely contribution to the literature, given that performance measurement is an integral part of the new incentive regulation methods which have been adopted by many regulatory agencies around the world.Academics specialising in regulation and performance measurement and students of regulatory economics courses, organization studies and public sector economics will all find this book of great interest. It will also appeal to regulators, regulatory consultants and regulatory sections of major utilities.Table of ContentsContents: 1. Editors’ Introduction Tim Coelli and Denis Lawrence 2. The Role of the Policy Framework for the Effectiveness of Benchmarking in Regulatory Proceedings Phil Burns, Cloda Jenkins, Misja Mikkers and Christoph Riechmann 3. Performance Measurement in the Australian Water Supply Industry: A Preliminary Analysis Tim Coelli and Shannon Walding 4. Telecommunications Productivity Measurement for a Regulated Monopoly in an Era of Major Network Expansion Russel Cooper and Gary Madden 5. Productivity and Regulatory Reform of Norwegian Electricity Distribution Utilities Dag Fjeld Edvardsen, Finn R. Førsund, Wiljar Hansen, Sverre A.C. Kittelsen and Thor Neurauter 6. Infrastructure Reform in Developing Economies: Evidence from a Survey of Economic Performance Measures Antonio Estache, Sergio Perelman and Lourdes Trujillo 7. Market Structure, Regulation and Performance in the Airline Industry: Lessons from a Potential Alliance John Fallon 8. Regulating Electricity Networks: The ABC of Setting X in New Zealand Denis Lawrence and Erwin Diewert 9. A Shadow Cost Function Model of the US Water Industry Incorporating Water Quality and Ownership Effects Roberto Mosheim 10. Regulatory Reform and Economic Performance in US Electricity Generation Supawat Rungsuriyawiboon and Tim Coelli 11. Assessing the Performance of Water Operations in the English and Welsh Water Industry: A Lesson in the Implications of Inappropriately Assuming a Common Frontier David S. Saal and David Parker 12. Efficiency Analysis for Incentive Regulation Thomas Weyman-Jones, Julia Boucinha, Celia Godinho, Catarina Feteira Inacio, Pedro Martins and Jon Latore Index

Read more less

Book SynopsisWhat happens when a radically-new fuel or technology transforms the energy system? How does the energy system evolve at different stages of economic development? What are the implications for people's lives and their environment? Building on an award-winning article, in this exciting book Roger Fouquet investigates the impacts of technological innovations and economic development over the last seven hundred years on our ability to provide heat, power, transport and light. Using a unique data set, collected over a decade, the analysis identifies the forces driving revolutions in energy services. It highlights the tendency of markets to produce ever-cheaper energy services, which in turn incite greater energy consumption. It also examines how these revolutions affect people's well-being and the environment. The framework, analysis and insights in this book offer an original perspective on future energy markets, transitions to low-carbon economies and strategies for addressing climate change.Heat, Power and Light is an invaluable and unique contribution to this profoundly important topic. As such it will appeal to a wide audience of energy economists, climate change analysts, policymakers, economic and technology historians and economists more broadly.Trade Review'This book presents a fascinating accumulation of economic "facts" relating to the demand for and the supply of heat, power and light. . .' -- Gay Wenban-Smith, International Energy Law Review'Fouquet undertakes a heroic effort to organize and present data on energy prices and usage since the 14th century. He then uses this data as the foundation for a narrative and analysis of changes in energy usage over the long run. . . the sifting and analysis of so many different sources to provide a coherent account will prove useful to those seeking an overview of this important topic, or for those seeking a point of entry to the study of more specific topics. Highly recommended.' -- J.L. Rosenbloom, Choice'This is an innovative and important book that stands at the intersection of energy analysis and environmental history. Fouquet's central theme is that we buy fuels, such as coal, oil or gas, only as a means to an end. That end is initially the provision of energy services, such as a warm house, hot showers, cold beers and driving around. . . Fouquet. . . traces the changes in our use. . . of energy services over the last seven centuries. . . The result has been an utter transformation in our lives. . . this book, with its copious tables and fascinating graphs, is an essential reference tool for both the energy analyst and the environmental historian.' -- Horace Herring, Environment and History'Fouquet has dug widely and deeply into English sources, publications, statistical reconstructions and the best available data sets. Having such long-run quantitative perspectives under one cover is both very useful and quite revealing. Having it analyzed in consistent terms (as changes in per capita use, prices, conversion efficiency and energy intensity) makes it, of course, even more valuable. . . Fouquet has produced an outstanding contribution to our long-run understanding of energy uses.' -- Vaclav Smil, EH.NetTable of ContentsContents: Preface Part I: Introduction 1. The Past, Present and Future of Energy Services 2. Energy Demand, Technological Change and Economic Development 3. Historical Data and Methods Part II: The Past 4. Heating 5. Stationary Power 6. Transport 7. Lighting Part III: Analysis 8. Producing Cheaper Services 9. Consuming More Services 10. External Costs of Cheaper and More Energy Services 11. Policies Influencing the Trends in Energy Services Part IV: The Future 12. Future Trends in Energy Services 13. Policy Discussion Related to Long-Run Energy Services 14. Conclusion References Index

Read more less

Book SynopsisThis book addresses the problem of how to make a large-scale socio-technical transition to renewable energy, so as to realize an environmentally sustainable economy in the long run. Transition thinking has in a short time managed to occupy a central position in the policy debate on sustainable development. The transition approach offers an innovative view on the role and content of public policy, compared with traditional views from economic, administrative and political sciences. The main motivation for using this notion is that while it links up with the system-wide approach of sustainable development, it has the advantage of shifting the attention from a vague end goal (blueprint) to the processes leading towards this goal. These processes in turn provide a concrete basis for thinking about appropriate public policies, taking account of the complex relations between technologies, institutions and behaviours. This book offers perspectives from a wide range of disciplines, addressing macro, regional and local scales. Contributions come from mainstream economics, evolutionary economics, sociology, political sciences, innovation studies, spatial economics and decision theory. Important lessons are also drawn from historical transitions.Managing the Transition to Renewable Energy will appeal to academics and researchers in environmental science and economics, environmental and technological policy advisors, evolutionary economists and researchers on technological innovation.Trade Review'. . . this title surely adds value to the existing knowledge and is essential reading for anyone interested in the transition to a low-carbon energy economy. This book will surely provide an impetus to further transition studies and help stimulate further research in this area.' -- Subhes C. Bhattacharyya, International Journal of Energy Sector Management'. . . the book provides an excellent introduction to transition thinking and practice, and so should be read by anyone who is interested in these ideas and their application to a transition to more sustainable energy systems.' -- Tim Foxon, Environmental SciencesTable of ContentsContents: Preface 1. The Transition to Renewable Energy: Background and Summary Jeroen van den Bergh and Frank Bruinsma PART I: SOCIAL, ECONOMIC AND POLITICAL THEORY 2. Transition Management: Reflexive Governance of Societal Complexity through Searching, Learning and Experimenting Jan Rotmans and Derk Loorbach 3. The Multilevel Perspective and Design of System Innovations John Grin 4. Transition Lessons from Economics Jeroen van den Bergh and René Kemp 5. Innovation Theory and Socio-technical Transitions Frans Berkhout 6. An Evolutionary-Economic Analysis of Energy Transitions Jeroen van den Bergh and Frans Oosterhuis PART II: MACRO PRACTICE 7. Barriers and Options for Future Energy Transitions: Lessons from a Historical Analysis of the Dutch Electricity System Geert Verbong and Frank Geels 8. Energy Transition Experiments in the Netherlands Frank Dietz, Hugo Brouwer and Rob Weterings 9. Transition Management for the Dutch Energy Transition: Multilevel Governance Aspects Derk Loorbach and René Kemp 10. An Evolutionary-Economic Evaluation of Barriers and Opportunities in Dutch Energy Innovation Policies Annemarth Idenburg and Albert Faber PART III: LOCAL AND REGIONAL PRACTICE 11. Renewable Energy Sources Planning and Design: A Multi-criteria Approach Heracles Polatidis and Dias Haralambopoulos 12. Regional Diversity of Wind Energy Initiatives: The Dutch Experience Frank Bruinsma and Ron Vreeker 13. Tackling Local Conflicts Caused by Renewable Energy Sources: Lessons Learned from Real-World Case Studies Gonzalo Gamboa, Giuseppe Munda and Daniela Russi Index

Read more less