Markets, Pricing, and Deregulation of Utilities

Sample

Michael Einhorn, Riaz Siddiqi

This book assembles current knowledge about the economics and technology of electricity transmission, the focus being on current issues that are vital to utilities, other power producers, regulators, system planners, and electricity users. It will appeal to anyone who has an interest in understanding the complexities and problems surrounding the transmission of electricity in a market that is becoming increasingly deregulated and competitive.

Sample

John Weyant

The primary objective of Energy and Environmental Policy Modeling is to introduce a variety of recent energy-environmental modeling concepts, and to provide an overview of these modeling concepts. Another major objective of the book is the application of management science techniques to energy and environment policy issues which have expanded dramatically over the last twenty-five years: the results from these applications have become increasingly relied upon by those making energy and environmental decisions. Thus, an overview of some of the most interesting work in this field on some of the biggest contemporary policy issues is a worthy objective. In this respect, policy issues are discussed in the following conceptual modeling frameworks: end-use modeling, integrating supply and demand, aggregate energy-economy interactions, and multi-sector energy-economy interactions. Hence the book begins with policy studies. First there is a chapter on oil resource depletion and technological change by John Rowse. Two articles on electric sector restructuring follow, by William Hogan and Hung-po Chao/Stephen Peck. The first section is followed by four chapters motivated by the debate over appropriate climate change policies: one by Richard Richels, Jae Edmonds, Howard Gruenspecht, and Tom Wigley on the implications of different carbon emission trajectories; one by Stephen Peck and Thomas Telsberg on appropriate emissions trajectories under uncertainty; one by Susan Swinehart on the potential of tree planting as a climate policy response; and one by Gunter Stephan on inter-generational discounting. Finally, the book ends with a chapter by Tom Rutherford on the sequence of linear complimentarity problem technique for solving general equilibrium problems, and one on the International Energy Network by Leo Schrattenholzer, an institution managed jointly by Schrattenholzer and Alan Manne. The work of Professor Alan Manne is heavily referenced in every chapter of this book.

Sample

Carlos F. Daganzo

This book examines logistics systems in an integrated way. Its goal is to describe and show how to find rational structures for logistics systems considering all the relevant aspects. Building on an understanding of the simplest logistical system with only one origin and one destination, the book treats problems with many origins and one destination, many destinations and one origin, and many origins and many destinations; this is done for systems with and without transshipments. The solutions and methodologies presented in the book are particularly helpful in instances where detailed data are not available and when time is of the essence.

Sample

J.R. Norris

Markov chains are central to the understanding of random processes. This is not only because they pervade the applications of random processes, but also because one can calculate explicitly many quantities of interest. This textbook, aimed at advanced undergraduate or MSc students with some background in basic probability theory, focuses on Markov chains and quickly develops a coherent and rigorous theory whilst showing also how actually to apply it. Both discrete-time and continuous-time chains are studied. A distinguishing feature is an introduction to more advanced topics such as martingales and potentials in the established context of Markov chains. There are applications to simulation, economics, optimal control, genetics, queues and many other topics, and exercises and examples drawn both from theory and practice. It will therefore be an ideal text either for elementary courses on random processes or those that are more oriented towards applications.