Regulation of the Power Sector

Regulation of the Power Sector
Author: Ignacio J. Pérez-Arriaga
Publisher: Springer Science & Business Media
Total Pages: 735
Release: 2014-02-26
Genre: Business & Economics
ISBN: 1447150341

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Regulation of the Power Sector is a unified, consistent and comprehensive treatment of the theories and practicalities of regulation in modern power-supply systems. The need for generation to occur at the time of use occasioned by the impracticality of large-scale electricity storage coupled with constant and often unpredictable changes in demand make electricity-supply systems large, dynamic and complex and their regulation a daunting task. Arranged in four parts, this book addresses both traditional regulatory frameworks and also liberalized and re-regulated environments. First, an introduction gives a full characterization of power supply including engineering, economic and regulatory viewpoints. The second part presents the fundamentals of regulation and the third looks at the regulation of particular components of the power sector in detail. Advanced topics and subjects still open or subject to dispute form the content of Part IV. In a sector where regulatory design is the key driver of both the industry efficiency and the returns on investment, Regulation of the Power Sector is directed at regulators, policy decision makers, business managers and researchers. It is a pragmatic text, well-tested by the authors’ quarter-century of experience of power systems from around the world. Power system professionals and students at all levels will derive much benefit from the authors’ wealth of blended theory and real-world-derived know-how.

The Real World of Power Sector Regulation

The Real World of Power Sector Regulation
Author: Bernard Tenenbaum
Publisher:
Total Pages:
Release: 2012
Genre:
ISBN:

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More than twenty countries are now reforming their power sectors. For many politicians, this reform means simply restructuring and privatizing state-owned enterprises. But, what they forget or may not know is that a government cannot regulate private power companies the way it once regulated state enterprises. The author argues that if a government is serious about attracting private investors, it has no choice but to adopt a new regulatory system that keeps promises and exercises restraint-one that is independent and open to public scrutiny.

Understanding Electric Power Systems

Understanding Electric Power Systems
Author: Frank Delea
Publisher: John Wiley & Sons
Total Pages: 352
Release: 2011-09-20
Genre: Technology & Engineering
ISBN: 1118211375

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A COMPREHENSIVE LOOK IN LAYMAN'S TERMS AT THE MANY ASPECTS OF THE PROVISION OF ELECTRIC POWER, BY TWO VETERAN EXECUTIVES AND RESPECTED EXPERTS Technological advances and changes in government policy and regulation have altered the electric power industry in recent years and will continue to impact it for quite some time. Fully updated with the latest changes to regulation, structure, and technology, this new edition of Understanding Electric Power Systems offers a real-world view of the industry, explaining how it operates, how it is structured, and how electricity is regulated and priced. It includes extensive references for the reader and will be especially useful to lawyers, government officials, regulators, engineers, and students, as well as the general public. The book explains the physical functioning of electric power systems, the electric power business in today's environment, and the related institutions, including recent changes in the roles of the Federal Energy Regulatory Commission and the North American Reliability Company. Significant changes that are affecting the industry are covered in this new edition, including: The expanded role of the federal government in the planning and operation of the nation's electric utilities New energy laws and a large number of FERC regulations implementing these laws Concerns over global warming and potential impacts on the electric industry Pressures for expansion of the electric grid and the implementation of "smart-grid" technologies The growing importance of various energy-storage technologies and renewable energy sources New nuclear generation technologies The 2009 economic stimulus package

Governing Power

Governing Power
Author: S. L. Rao
Publisher: The Energy and Resources Institute (TERI)
Total Pages: 510
Release: 2004-01-01
Genre: Business & Economics
ISBN: 9788179930335

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'Governing power' is a pioneering attempt to examine the experience with independent regulation of electricity in India to assess its efficacy as an alternative form of governance. It compares the electricity experience with that of independent regulation in the other countries, independent regulatory bodies in India, and old-style regulation by government departments. It evaluates the Indian model in context of its replication over other sectors of the economy. S L Rao's experience of having operationalized the concept in India, as the first Chairman of the Central Electricity Regulatory Commission, provides valuable insights. This book epitomizes the multidisciplinary expertise (linking economics, management, financial and cost accounting, and engineering) that electricity regulatory commissions must harness to effectively regulate the sector, despite high government ownership, strong utility'government linkages, inefficiencies, and weak commercial attitudes. The book tracks the emergence of regulatory law from the orders of regulatory bodies and courts; explores the concept of ?independence? and discusses the accountability of independent regulators (an issue not sufficiently explored till now); and suggests directions for future development of independent regulation. Governing power is relevant to any environment where independent regulation is introduced, more so in developing economies or where government ownership is dominant. It is extremely relevant to utilities (private and public), regulators, courts, professional managers, accountants, and consultants. It will benefit anyone interested in enhancing the quality of governance.

Power for Development

Power for Development
Author: Fernando Reyes Manibog
Publisher: World Bank Publications
Total Pages: 172
Release: 2003-01-01
Genre: Business & Economics
ISBN: 9780821356937

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This publication evaluates the performance of the World Bank Group (WBG) during the 1990s in promoting private sector development in the electric power sector in 80 countries. Main findings include that where countries showed a commitment to advancing reforms in promoting private sector development and where programmes were properly implemented, the expected benefits were delivered. However, quality of outcomes depended on the objectives pursued and on types of assistance provided, with most countries remaining in the early stages of reform.

The Regulation and Policy of Latin American Energy Transitions

The Regulation and Policy of Latin American Energy Transitions
Author: Lucas Guimaraes
Publisher: Elsevier Science
Total Pages: 396
Release: 2020-03
Genre: Business & Economics
ISBN: 0128195215

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The Regulation and Policy of Latin American Energy Transitions examines the ongoing revolution within the energy landscape of Latin America. This book includes real-world examples from across the continent to demonstrate the current landscape of energy policy in Latin America. It focuses on distributed energy resources, including distributed generation, energy efficiency and microgrids, but also addresses the role of less common energy sources, such as geothermal and biogas, as well as discusses the changing role of energy actors, where consumers become prosumers or prosumagers, and utilities become service providers. The legal frameworks that are still hampering the transformation of the energy landscape are explored, together with an analysis of the economic, planning-related and social aspects of energy transitions, which can help address the issue of how inequalities are affecting and being affected by energy transitions. The book is suitable for policy makers, lawyers, economists and social science professionals working with energy policy, as well as researchers and industry professionals in the field. It is an ideal source for anyone involved in energy policy and regulation across Latin America. Reviews key legal and policy features defining success and failure within the diverse Latin American energy transitions Provides clear descriptions and comparisons of current and potential future policy frameworks in Latin America across differing social, economic, geo-political and policy contexts Analyzes the potential role of new technologies and practices in developing the region's energy economy Poses key regulatory challenges and possible means to finance the envisioned transitions

Understanding Electric Power Systems

Understanding Electric Power Systems
Author: Jack Casazza
Publisher: John Wiley & Sons
Total Pages: 231
Release: 2004-04-05
Genre: Technology & Engineering
ISBN: 0471667862

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The Enron scandal notwithstanding, it is important for professionals in the electric power industry and related positions gain a solid understanding of electric power systems and how they work. Written by two veteran power company managers and respected experts, this is a real-world view of electric power systems, how they operate, how the organizations are structured, and how electricity is regulated and priced. A comprehensive overview of the electric power industry from the inside Covers electric power system components, electricity consumption, generation, transmission, distribution, electric utility operation, electric system control, power system reliability, government regulation, utility rate making, and financial considerations. Includes an extensive glossary of key terms used in the U.S. and also definitions for terms used worldwide

Regulatory Governance in Infrastructure Industries

Regulatory Governance in Infrastructure Industries
Author: Bernardo Mueller
Publisher: World Bank Publications
Total Pages: 94
Release: 2006-01-01
Genre: Business & Economics
ISBN: 0821366106

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"This paper assesses and measures regulatory governance in 21 infrastructure regulators in Brazil. Regulatory Governance is decomposed into four main attributes: autonomy; decision-rules; means and tools; and accountability. A ranking is proposed and the main areas for improvement identified. A comparison of the proposed regulatory governance index and other indexes internationally available is performed. Section 2 sets up the analytical framework for the report, identifying key components of regulatory governance, namely, autonomy (political and financial), procedures for decision-making, tools and means (including personnel), and accountability. Section 3 assesses each of these components in practice, reporting the results of a survey with 21 regulatory agencies in Brazil, which was designed and implemented in 2005. Section 4 measures regulatory governance based on three related indexes, ranks the Brazilian regulators among themselves, and compares the proposed indexes with other two indicators available in the literature. Section 5 presents the conclusions."

Electricity Economics

Electricity Economics
Author: Geoffrey S. Rothwell
Publisher: Wiley-IEEE Press
Total Pages: 312
Release: 2003-02-14
Genre: Business & Economics
ISBN:

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Written originally as a manual for the Federal Energy Commission to train regional rate regulators, this is a clear, comprehensive primer on the principles of economics and finance underlying the regulation of electricity markets and the deregulation of electricity generation.