Hydropower Economics
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Beschreibung
HYDROPOWER ECONOMICS examines sustainable alternate energy sources beginning with modeling hydropower and extending the model to include thermal power and wind power. The book will use various econometric measures, equilibrium metrics, OR methods, and DEA/productivity analyses to analyze and model the optimal use of these alternate energy sources. Because these problems are dynamic in nature, dynamic methods are used to model the problems. The book derives results on the allocation of the amounts of alternate sources of energy (water, thermal, and wind) required to produce electricity at acceptable levels over time. Graphic illustrations of the analytical and mathematical modeling used to reach research conclusions are used throughout the book.
In addition to the analyses, various market scenarios are discussed and how effective market systems may be in delivering electric power at acceptable and sustainable levels of supply, cost, and price. Productivity frontiers (benchmarks) are outlined in the book. These productivity frontiers or benchmarks are established from data derived from the Scandinavian experience. Optimal solutions for sustainable alternate energy systems at acceptable costs are outlined in the monograph.
With so many world problems related to energy and energy consumption, this timely book examines sustainable alternate energy sources, beginning with modeling hydropower and extending the model to include thermal power and wind power. The book uses various econometric measures, equilibrium metrics, OR methods, and DEA/productivity analyses to analyze and model the optimal use of these alternate energy sources. Because these problems are dynamic in nature, dynamic methods are used to model the problems. The book derives its results on the allocation of the amounts of alternate sources of energy (water, thermal, and wind) required to produce electricity at acceptable levels over time. Graphic illustrations of the analytical and mathematical modeling used to reach research conclusions are used throughout the book.
With many world problems related to energy and energy consumption, there will be considerable interest in the book and its research analyses The book will also be of keen interest to OR and DEA researchers, who are interested in environmental and energy problems, Energy/ Environmental Economists, and Environmental Engineers Includes supplementary material: sn.pub/extras
Autor*in
Finn R. Forsund
Themen in »Hydropower Economics«
Hydropower alternate energy sources electricity linear optimization modeling monopoly nonlinear optimization optimization reservoir water value wind water policy
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From the reviews:
"This book claims that if one is to correctly comprehend deregulation in electricity markets, then one must first develop an appreciation for the optimal use of hydro and thermal power. … this book would have profited from a thorough review of the extant literature. … it is important to note that the author deals well with his selected topics. … I recommend this book to all readers who wish to learn more about the economics of hydroelectric power." (Amitrajeet A. Batabyal, Interfaces, Vol. 39 (1), January-February, 2009)
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