Product Description
This digital document is a journal article from Energy Policy, published by Elsevier in 2006. The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.

Description:
This study examines production efficiency of electricity generation in the New Electricity Market of Singapore (NEMS), where deregulation is currently proceeding. Singapore is reliant on foreign direct investments and exports so competition from countries with lower costs such as China and India is exerting pressure on the government to reduce the costs of doing business here. Electricity cost is one of these. Deregulation is believed to be able to bring about lower electricity costs due to the various efficiency gains possible. This study concerns itself mainly with production efficiency and attempts to calculate possible production efficiency gains by using linear programming model. Production-efficiency gains are quantified by the base case scenario of continued regulation versus four counterfactual deregulation scenarios. The results indicate that cost gains could be about eight per cent of current production cost, and this is possibly a lower-bound estimate. However, whether the purported efficiency gains are realized is to be seen as the deregulation proceeds. ... Read more

Product Description
In the late 1990s, the formerly staid and monopolistic electric utility industry entered an era of freewheeling competition and deregulation, allowing American consumers to buy electricity from any company offering it. In this book, Richard F. Hirsh explains how and why this radical restructuring has occurred.Hirsh starts by describing the successful campaign waged by utility managers in the first decade of the twentieth century to protect their industry from competition. The regulated system that emerged had the unanticipated consequence of endowing utility managers with great political and economic power. Seven decades later, a series of largely unanticipated events, including technological stagnation in traditional generating equipment, the 1973 energy crisis, and the rise of the environmental movement, undermined the managers' control of the system. New players, such as academics, environmental advocates, politicians, and potential competitors, wrested control from power company managers by challenging utilities' standing as "natural monopolies" and by questioning whether their firms provided universal benefits. In other words, the once-closed system came under increasing pressure to transform itself.Hirsh follows the flow of power as this transformation occurred. He also examines the relationship between technological change and regulation, showing how innovations such as cogeneration and renewable energy technologies stimulated questions about the value of government oversight of the system. And he shows how the increasing prominence of ideas such as conservation, energy efficiency, and free markets helped propel the system toward open competition.Though the new electric utility system is still in its infancy, Hirsh's perceptive account of its birth will help readers think more rationally about its future. ... Read more

Customer Reviews (1)

A thorough industry introduction
I found the book to be a good historical and political account of theelectrical power utility industry. Mr. Hirsh provides an interestingaccount of the creation of the industry and the changes that have led tothe current state of the industry (only up to 1996). A considerable amountof the book was given to the inpacts of enviromental and energy efficencygroups within the industry. The book was not unduly technical in itspresentation, well written, and main ideas were sumerized frequently.As a reader unfamilar with the subject, I was able to follow along well.Thisbook has been very helpful in understanding the current events within thisindustry. ... Read more

Product Description
The restructuring and deregulation of the power utility industry is resulting in significant competitive, technological and regulatory changes. Independent power producers, power marketers and brokers have added a new and significant dimension to the task of maintaining a reliable electric system. Power System Restructuring and Deregulation provides comprehensive coverage of the technological advances, which have helped redesign the ways in which utility companies manage their business.
With the aid of practical case studies, an international panel of contributors address the most up to date problems and their solutions in a cohesive manner, making this book indispensable to graduates and engineers in the power industry field.
? Presents state of the art techniques in power industry restructuring
? Includes applications of new technology in power industry deregulation
? Includes practical examples of changes in load forecasting techniques and methods
? International contributors offer a global perspective detailing power utility restructuring and deregulation from various countries ... Read more

Product Description
This digital document is an article from Modern Casting, published by American Foundrymen's Society, Inc. on November 1, 1996. The length of the article is 2342 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

Citation Details
Title: Shopping for electricity: will you be ready? (deregulation of electric utilities; foundries)
Author: Lowell Griffith
Publication: Modern Casting (Magazine/Journal)
Date: November 1, 1996
Publisher: American Foundrymen's Society, Inc.
Volume: v86Issue: n11Page: p60(3)

Distributed by Thomson Gale ... Read more