Electricity Distribution Networks in the Decentralisation Era


Book Description

This book explores the changing economics, regulations, and operations of electricity distribution networks. It highlights the central challenges and opportunities caused by the rise of decentralisation paradigm in the power system within this segment of the electricity supply chain. As decarbonisation objectives continue to transform the power sector, the distribution system experiences an increased penetration of energy and flexibility resources that come from a variety of sizes, technologies, and capabilities. This makes traditional approaches to economic, regulation and operation of electricity distribution networks obsolete. This book aims to provide insights into the ways which decarbonisation, decentralisation and digitalisation trends in the electricity sector will eventually shape future of distribution grids. It will be relevant to students, researchers, and policymakers interested in energy economics, the political economy of energy, and the electricity sector.




Handbook of Energy Law in the Low-Carbon Transition


Book Description

The low-carbon transition is ongoing everywhere. This Handbook, written by a group of senior and junior scholars from six continents and nineteen countries, explores the legal pathways of decarbonisation in the energy sector. What emerges is a composite picture. There are many roadblocks, but also a lot of legal innovation. The volume distils the legal knowledge which should help move forward the transition. Questions addressed include the differences between the decarbonization strategies of developed and developing countries, the pace of the transition, the management of multi-level governance systems, the pros and cons of different policy instruments, the planning of low-carbon infrastructures, the roles and meanings of energy justice. The Handbook can be drawn upon by legal scholars to compare decarbonisation pathways in several jurisdictions. Non-legal scholars can find information to be included in transition theories and decarbonization scenarios. Policymakers can discover contextual factors that should be taken into account when deciding how to support the transition.




Handbook of Transitions to Energy and Climate Security


Book Description

An original contribution to our understanding of a phenomenon that is reshaping the world, this title thoroughly discusses the transformation of the energy security policy arena brought on by two dramatic developments – the increased potential availability of energy in many parts of the world on the supply side, and on the demand side increasing concerns over the harmful effects on the environment brought on by the use of fossil fuels. An in depth discussion specifically focuses on what energy security means to different countries, and examines which of those countries appear to be managing their energy/climate transitions successfully and which are having a more difficult time adapting to the new environment. Part 1 introduces the topic, covering the main themes and provides an overview of the chapters Part 2 provides a framework for policy evaluation, considering the evolving factors affecting energy security and the energy/climate policy trilemma Parts 3 to 6 discuss energy transitions in the carbon producing countries (Saudi Arabia, Canada, Iran, Russia, Mexico), in intermediate carbon/producing/consuming countries (China, United States, UK, Brazil, Argentina, South Africa), in carbon consuming countries (Germany, Japan, South Korea, Israel, India, Spain) and finally in carbon reduction countries (France, Denmark, Switzerland) Part 7 looks at attempts at regional/international cooperation Part 8 considers the prospects for the future, examining technological breakthroughs. This title builds on the theme of unfolding energy transformations driven by, but increasingly constrained by climate/environmental considerations. It is ideal for researchers and students in the areas of environmental politics and policy, climate change, and energy and climate security, as well as for academics and professionals.




Electricity Market Reform


Book Description

In the coming decades we face major new challenges which require careful but far-reaching reform. Demand for electricity demand may need to double by 2050; there is a need to replace a quarter of our existing capacity by 2020; a need for power sector emissions to be decarbonised; and a need to meet the legally binding EU target for renewable energy. We also need to allow equal access to the electricity market for a wider range of technologies. The Government is now consulting on a package of options for the reform of the electricity market. The proposals are specifically designed to ensure that low-carbon technologies become a more attractive choice for investors, and adequately reward back up capacity. The proposals are four-fold: carbon price support; feed-in tariffs with long-term contracts; capacity payments; and an emissions performance standard. The consultation will run until 10th March 2011




Power System Economic and Market Operations


Book Description

Power system operation is one of the important issues in the power industry. The book aims to provide readers with the methods and algorithms to save the total cost in electricity generation and transmission. It begins with traditional power systems and builds into the fundamentals of power system operation, economic dispatch (ED), optimal power flow (OPF), and unit commitment (UC). The book covers electricity pricing mechanisms, such as nodal pricing and zonal pricing, based on Security-Constrained ED (SCED) or SCUC. The operation of energy market and ancillary service market are also explored. "It covers a wide range of interesting topics, which could be very useful for understanding the main phenomena ruling power systems economy (such as Optimal Power Flow analysis and unit Commitments). It addresses topics widely treated in the literature, hence it is important to outline its distinctive features compared to other similar books. The book is well structured and well balanced." —Alfredo Vaccaro, University of Sannio, Italy




Handbook on Electricity Markets


Book Description

With twenty-two chapters written by leading international experts, this volume represents the most detailed and comprehensive Handbook on electricity markets ever published.




Harnessing Renewable Energy in Electric Power Systems


Book Description

Reflecting its reliance on fossil fuels, the electric power industry produces the majority of the world's greenhouse gas emissions. The need for a revolution in the industry becomes further apparent given that 'decarbonization' means an increasing electrification of other sectors of the economy in particular, through a switch from gasoline to electric vehicles. Of the options for producing electric power without significant greenhouse gas emissions, renewable energy is most attractive to policymakers, as it promises increased national self-reliance on energy supplies and the creation of new industries and jobs, without the safety and political concerns of nuclear power or the unproven technology of carbon capture and storage. Drawing on both economic theory and the experiences of the United States and EU member states, Harnessing Renewable Energy addresses the key questions surrounding renewable energy policies. How appropriate is the focus on renewable power as a primary tool for reducing greenhouse gas emissions? If renewable energy is given specific support, what form should that support take? What are the implications for power markets if renewable generation is widely adopted? Thorough and well-evidenced, this book will be of interest to a broad range of policymakers, the electric power industry, and economists who study energy and environmental issues.




Handbook of Energy and Environmental Security


Book Description

Handbook of Energy and Environmental Security educates the reader about the wider dimensions of the distinctive yet intertwined subjects of 'energy security and 'environmental security'. The book uniquely addresses these two increasingly important topics in a comprehensive and composite manner, describing the concepts and wider dimensions of energy- and environmental security in technological, economic, social and geopolitical perspectives. Divided into three main parts, the book deals with the subject of energy security in terms of its concepts, broader dimensions and allied issues, focuses on environmental security, and covers subjects in a cohesive manner, discussing their important interfaces and commonalities. Providing valuable scholarship for academics, researchers and analysts in the fields of energy and the environment, and using case studies to illustrate national and international levels, this is a valuable resource for energy- and environmental security challenges, especially in the areas of sustainable development and climate change. - Discusses the critical subjects of 'energy security' and 'environmental security' in a composite manner - Incorporates up-to-date data, case studies and comparative assessments - Energy and environmental policy frameworks are covered from the perspective of both developed and developing countries




Planning and Operation Strategies for Enhancing Power System Flexibility in Low-Carbon Energy Transition


Book Description

The global energy system is undergoing a profound transformation from a system based mainly on fossil fuels to a low-carbon one based on variable renewable energy (VRE), such as wind power and solar power, to achieve the 2050 Paris Agreement. By 2050, solar and wind power, with more than 14,500 GW installed capacity, would account for three-fifths of global electricity generation. This transformation comes with significant challenges since high VRE shares will greatly increase system flexibility requirements for balancing supply and demand. Accordingly, all sectors of the power system need to unlock further requisite flexibility through technology, business, and policy innovations, including power supply, transmission, distribution, storage, and demand.