Finance and Accounting for Energy Engineers


Book Description

Understanding finance and accounting principles is important in interfacing and conducting business with accountants, financial analysts, and members of upper management. In a relatively simple and easy-to-understand manner, this book familiarizes professionals with decision making skills founded on financial calculations and quantitative analysis. It covers finance and accounting ratios and other metrics; income statements, balance sheets, cash flow, and working capital concepts; inventory concepts; life cycle, period, direct, and indirect costs; and energy performance contracting. Each chapter concludes with a list of questions or problems for self-assessment and knowledge affirmation purposes. Answers to the questions are at the back of the book.




Finance and Accounting for Energy Engineers


Book Description

The purpose of this second edition is to provide an overview of important principles in the fields of finance and accounting, and the application of those principles for financial analysis of energy and non-energy capital investments. This book is written as a self-study guide for energy and non-energy engineers and managers who either lack formal training in the subjects of finance, accounting, and engineering economics, or simply need a means to refresh their knowledge in these subjects. This book bridges the gap between the typical business school "MBA" knowledge and its application in enery and non-engergy engineering, project management or manufacturing management. Many energy and non-energy engineers and technical managers feel inadequately equipped to comprehend and apply certain important finance and accounting principles. Understanding of finance and accounting principles is important in interfacing and conducting business with accountants, financial analysts, and members of upper management. This book is designed to familiarize energy engineers and other engineering professionals - in a relatively simple and easy to understand fashion - with decision making skills founded on financial calculations and case study based quantitative analysis.




Economics and Finance for Engineers and Planners


Book Description

Neil Grigg presents the core issues of economics and finance that relate directly to the work of civil engineers, construction managers, and public works and utility officials.




Engineering Money


Book Description

There are many text books about engineering design and some include project evaluation techniques. There are text books on accounting methods and yet others on business management. This book does not aim to replace these specialized texts but brings together the elements of these subjects that young engineers working in industry – particularly the construction industry and its customers – need to understand. Most engineers learn about money the hard way: by experience in the workplace. The authors having done this themselves recognized the gap in engineers’ education and set out to bridge it. This book is based on a 1996 course George Solt pioneered for final-year engineering undergraduates. The book is written in an approachable style and gives young engineers as well as mature engineers an insight into the way engineering businesses run, the importance of capital and the problems of cash flow.




Finance for Engineers


Book Description

With flair and an originality of approach, Crundwell brings his considerable experience to bear on this crucial topic. Uniquely, this book discusses the technical and financial aspects of decision-making in engineering and demonstrates these through case studies. It’s a hugely important matter as, of course, engineering solutions and financial decisions are intimately tied together. The best engineers combine the technical and financial cases in determining new solutions to opportunities, challenges and problems. To get your project approved, no matter the size of it, the financial case must be clear and compelling. This book provides a framework for engineers and scientists to undertake financial evaluations and assessments of engineering or production projects.




Business Essentials for Utility Engineers


Book Description

It is no longer acceptable for utility engineers to make spending decisions solely because they make good engineering sense. In today’s environment, they must also demonstrate solid business acumen and show that recommendations make good business sense. With this goal in mind, Business Essentials for Utility Engineers systematically presents each business topic to arm engineers with the tools and vocabulary necessary to be more effective when interacting with senior management, and for promotion to senior management. This book covers all business concepts important to utility engineers, including regulation, ratemaking, accounting, finance, risk management, economics, budgeting, and asset management. The author applies his vast corporate experience to give readers a solid foundation for business theory, discussing the idiosyncrasies of utilities and using advanced mathematics to demonstrate business concepts. He also explains how to properly apply this theory to utilities, expounding on specific business skills that will greatly benefit utility engineers in their daily jobs. Chapters are organized to build sequentially upon each other, and take advantage of the mathematical sophistication and deductive nature of engineers when presenting material. After reading this book, utility engineers will view their industry from a new perspective, and will have a greatly expanded business vocabulary. Suitable for self-study, undergraduate study, graduate study, or as a desk reference, this book provides a robust framework for correct business thinking and a solid foundation for further learning. WAtch Richard E. Brown talk about his book at: http://youtu.be/gdyjq77nQFI




Electrical Engineering Fundamentals


Book Description

provides a better understanding of electrical engineering terms, concepts, principles, laws, analysis methods, solution strategies and computational techniques. includes a brief introduction to the NEC and the Arc Flash Codes. deals with electrical energy cost and tips on improvement of electrical energy intensity in industrial and commercial environment. discusses myriad battery options available in the market; their strengths, weaknesses, opportunities that lie ahead and potential threats, and how batteries compare with capacitors as energy storage devices.




Energy Finance and Economics


Book Description

Thought leaders and experts offer the most current information and insights into energy finance Energy Finance and Economics offers the most up-to-date information and compelling insights into the finance and economics of energy. With contributions from today's thought leaders who are experts in various areas of energy finance and economics, the book provides an overview of the energy industry and addresses issues concerning energy finance and economics. The book focuses on a range of topics including corporate finance relevant to the oil and gas industry as well as addressing issues of unconventional, renewable, and alternative energy. A timely compendium of information and insights centering on topics related to energy finance Written by Betty and Russell Simkins, two experts on the topic of the economics of energy Covers special issues related to energy finance such as hybrid cars, energy hedging, and other timely topics In one handy resource, the editors have collected the best-thinking on energy finance.




Electrical Engineering for Non-Electrical Engineers


Book Description

Engineers and non-engineers often eschew electrical engineering because it is premised on concepts and mathematical techniques that are somewhat more abstract and elusive than those employed in disciplines like civil, mechanical, and industrial engineering. Yet, because of the ubiquitous nature of electrical and electronic equipment and devices, and the indispensable role electricity plays in various facets of lives, a basic understanding of electrical engineering is essential. Engineers and non-engineers find themselves interfacing with electrical apparatus and dealing with matters that permeate into the electrical realm. Therein lies the purpose and objective of this book. This edition includes numerous updated pictures, diagrams, tables, charts, graphs, and improved explanation of certain concepts.




Electrical Engineering for Non-Electrical Engineers, Second Edition


Book Description

This book is designed to serve as a resource for exploring and understanding basic electrical engineering concepts, principles, analytical and mathematical strategies that will aid the reader in progressing their electrical engineering knowledge to intermediate or advanced levels. The study of electrical engineering concepts, principles and analysis techniques is made relatively easy for the reader by inclusion of most of the reference data, in form of excerpts from different parts of the book, within the discussion of each case study, exercise and self-assessment problem solution. This is done in an effort to facilitate quick study and comprehension of the material without repetitive search for reference data in other parts of the book. To this new edition the author has introduced a new chapter on batteries where the basic, yet important, facets of the battery and its sustainable and safe operation is covered. The reader will be shown the not-so-obvious charging and discharging performance characteristics of batteries that can be determining factors in the selection, application and optimal performance of batteries.