Understanding Electric Utilities and De-Regulation

Understanding Electric Utilities and De-Regulation

4.11 - 1251 ratings - Source

Power interruptions of the scale of the North American Blackout of 2003 are rare, but they still loom as a possibility. Will the aging infrastructure fail because deregulated monopolies have no financial incentives to upgrade? Is centralized planning becoming subordinate to market forces? Understanding Electric Utilities and De-Regulation, Second Edition provides an updated, non-technical description that sheds light on the nature of the industry and the issues involved in its transition away from a regulated environment. The book begins by broadly surveying the industry, from a regulated utility structure to the major concepts of de-regulation to the history of electricity, the technical aspects, and the business of power. Then, the authors delve into the technologies and functions on which the industry operates; the many ways that power is used; and the various means of power generation, including central generating stations, renewable energy, and single-household size generators. The authors then devote considerable attention to the details of regulation and de-regulation. To conclude, one new chapter examines aging infrastructures and reliability of service, while another explores the causes of blackouts and how they can be prevented. Based on the authors' extensive experience, Understanding Electric Utilities and De-Regulation, Second Edition offers an up-to-date perspective on the major issues impacting the daily operations as well as the long-term future of the electric utilities industry.Much of it can survive fifty or even sixty or more years in service, if well cared for. ... practice a a€œrun to failurea€ policy with regard to equipment: as long as repair will keep it in service they do not replace it ... service interruptions due to those higher failure rates, and finding way to absorb the higher maintenance costs thoseanbsp;...

Title:Understanding Electric Utilities and De-Regulation
Author:H. Lee Willis, Lorrin Philipson
Publisher:CRC Press - 2005-09-29


You Must CONTINUE and create a free account to access unlimited downloads & streaming