Electricity Economics and Planning

T.W. Berrie

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English

Institution of Engineering and Technology
30 June 1992

Economics; Electrical power industries; Service industries

Series: Energy Engineering

"Since the author published his book, ""Power System Economics"", in 1983, fundamental changes have taken place worldwide in electricity economics and planning. The methods developed in the 1960s and 1970s, outlined in that book, emphasized national economic development programmes and prescribed pricing from such programmes, optimizing over the long term. These methods were based upon long-term demand forecasts, elaborate probabilistic risk analysis for reliability, a discounted cash flow approach to project costs and benefits, and long-run marginal costs pricing. Almost everywhere, in developed and developing countries alike, this approach is giving way in planning emphasis to methods based on short-term, short payback development programmes, together with actual time-of-use, dynamic and ""spot"" pricing, possibly set in real time. Furthermore, much greater emphasis is given today in electricity supply to the following: consumer response; private capital; private utilities; demand management; energy efficiency; conservation, and environmental maintenance. This volume makes full use of the subject matter of the previous book, and takes into account the change of emphasis described above. It also introduces the issues and options likely to arise in power system economics and planning in the late 1990s and beyond."

By: T.W. Berrie
Imprint: Institution of Engineering and Technology
Country of Publication: United Kingdom
Volume: v. 16
Dimensions: Height: 234mm, Width: 156mm, Spine: 216mm
ISBN: 9780863412820
ISBN 10: 0863412823
Series: Energy Engineering
Pages: 308
Publication Date: 30 June 1992
Audience: College/higher education , Professional and scholarly , Professional & Vocational , Primary , Undergraduate
Format: Hardback
Publisher's Status: Active

Chapter 1: World outlook Chapter 2: Electricity sector assessment Chapter 3: Demand forecasting, management and reliability Chapter 4: Efficiency, conservation and the environment Chapter 5: Public versus private Chapter 6: Pricing Chapter 7: Development programmes Chapter 8: Developing countries

Tom Berrie first spent 20 years as an engineer-economist with the UK electricity supply industry on generation, transmission and distribution planning and economics. He was then a senior Public Utility Economist with the World Bank in Washington DC. For the last 16 years he has been an independent consultant to the World Bank, UKODA. The Crown Agents, the Monopolies and Mergers Commission and several large consulting firms. He is a part author of three books and the sole author of two including Power System Economics published by the IEE in 1983. He is well known for his pioneering work in electricity spot pricing and in the last few years, his publishing and lecturing on electricity privatisation, deregulation, competition, market clearing and accountability.

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Electricity Economics and Planning

T.W. Berrie

$386.95 $309.49

Hardback

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