Geoffrey Rothwell – författare

A lucid and up-to-date introduction to understanding electrical power utilities in an era of change Electric utilities worldwide are undergoing profound transformations: nationally owned systems are becoming privatized, privately owned systems that were previously regulated are becoming deregulated, and national systems are becoming international.Professionals in the power sector must now work in a new world in which an understanding of the principles of markets and how to evaluate investment projects under competition are essential.This text was written as a manual for the Russian Federal Energy Commission to train regional electricity rate regulators in the principles of economics and finance involved in regulating electricity markets and deregulating electricity generation. Requiring no familiarity with economics and using a minimum of mathematics, this book provides professionals in the power sector with the tools to face the new realities of electric utility operation.Designed both as a reference for practicing professionals and as a textbook for university and continuing education programs, Electricity Economics: Regulation and Deregulation discusses: The lessons learned from international experiencesCompetitive versus noncompetitive marketsCost and supply, profit, and economic efficiencyThe cost of capital, including net present value, discounting, and risk and returnWholesale power markets, generation expansion, and customer choiceSpecific international examples including the Californian, Norwegian, Spanish, and Argentine power sectorsPlus numerous exercises to help clarify and support absorption of the concepts

This book is a unique introduction to the economic costs of nuclear power. It examines the future of the nuclear power industry and unpacks the complicated relationships between its technical, economic and political variables. It does so by modelling the costs, risks and uncertainties of one of the world’s most opaque industries using micro-econometrics, econometrics, and cost engineering.Economics of Nuclear Power examines the very important costs of externalities (storing of nuclear waste and the impact of a Chernobyl or Fukushima event) and compares those to the externalities of alternative carbon based energies (oil, coal, natural gas). With over 100 tables and figures this book details nuclear power production around the world - present and planned, providing a completely global focus. It also includes an overview of the past 70 years of international nuclear power developments.This book is essential reading for students, scholars and professionals interested in energy economics, nuclear engineering and energy policy.