A behind-the-scenes exposure why our electricity system is headedfor a state of emergency-and what can be done to head it off
Most people don't realize that skyrocketing global energy demandand economic growth severely affect the supply of electricity.Between production (power plants) and delivery is an antiquated,"third-world" transmission grid that is in desperate need ofhardening against breakdowns, terrorist attacks, inadequatecarrying capacity, and operational obsolescence. And whileelectricity doesn't hold the headlines or dramatic power of oil,the ability to ensure its uninterrupted supply at a reasonableprice is even more essential to global survival and prosperity.Lights Out is today's most detailed, in-depth examination of thislargely unreported looming energy crisis. Written by one of theworld's top electricity industry experts, this powerful book coversnumerous hot button economic and political issues-free marketsversus regulation; energy independence versus foreign imports;nuclear power, global warming, and other environmental issues; andmuch more. Beyond just uncovering and illuminating the problems,however, it proposes a comprehensive road map of technicalsolutions and regulatory reform from both the production and demandsides of the equation-a framework for rethinking, rebuilding, andenhancing the entire electricity production and deliveryinfrastructure. Prescriptive and provocative, Lights Out willredefine the simmering debate on how the world can-and must-act nowto head off a global catastrophe, one that could eventually wreakeven more havoc than the ongoing oil crisis.
Jason Makansi is the President of Pearl Street, Inc., aconsulting firm; Principal of PS Liquidity Advisors, an advisoryservice for energy technology companies raising capital; andExecutive Director of the Energy Storage Council, a public-policyadvocacy organization. A prolific author, respected industrythought leader, and seasoned communicator, Mr. Makansi has beenanalyzing the technological, business, and regulatory issues inelectricity production and delivery for over twenty-five years. Heearned a BS in chemical engineering from Columbia University. Hisearlier books include An Investor's Guide to theElectricity Economy, also published by John Wiley & Sons,and Managing Steam: An Engineering Guide to Commercial,Industrial, and Utility Systems.
Jason Makansi
Business & Management Business & Management Special Topics Spezialthemen Wirtschaft u. Management Wirtschaft Wirtschaft u. Management
"Lights Out is a fast paced, no-holds-barred account of what iswrong in our electricity sector and how we might get it back ontrack, written by someone who has been in the business long enoughto know what he is writing about."
--Leonard Hyman, author of America's Electric Utilities: Past,Present, and Future
"Jason Makansi gives us a succinct, insightful view of recentelectricity problems. His lively, provocative writing explains themysteries of the technology, the politics, the regulation, and themarket manipulation. Parts of the book may make you mad, but youwon't be able to put it down and you will always be learningsomething."--Lester Lave, PhD, Professor of Economics andCodirector, Electricity Industry Center, Carnegie MellonUniversity
"This new work is provocative, factual, and will make you thinkabout the situation we face. It is a must-read for anyone evenslightly interested in the adequacy of the U.S. power sector andwhat the future may hold. Industry, regulatory, and politicalleaders need to read this to see the possible end results of theirdecisions."--Barry Worthington, Executive Director, UnitedStates Energy Association
"Jason Makansi's long history in the electricity business hasgiven him keen insights into the inner workings of the utilityindustry, and his examples and illustrations, based on his personalattempts at demand side management at home with his family, give alighter background to what is a profound and sometimes alarmingthesis."--Geoffrey R. Egan, PhD, President, APTECH EngineeringServices, Inc.
"This book enables even the novice to understand clearly themultifaceted issues facing an electricity-thirsty world. This booklays the foundation for understanding how complex power generationand delivery truly is, and is a clarion call to citizens andconsumers worldwide alike to become more informed and moreinvolved."--Timothy McCreary, President, HF Controls
"This thoroughly researched and well-documented discourseexplores the litany of issues plaguing the energy industry today.Lights Out will challenge your critical thinking skills and maycause you to question your position on the issues. Moreimportantly, Lights Out proposes realistic solutions that even ourelected representatives can comprehend and should seriouslyconsider."--Dr. Robert V. Peltier, PE, Editor in Chief, Powermagazine
"Lights Out: The Electricity Crisis, The Global Economy, AndWhat it Means to You points out a troubling reality in today'sworld--too many people take the electric power infrastructure forgranted. Jason Makansi draws on his years of experience toilluminate numerous dimensions of today's US powersector--engineering, political, economic
and financial--to make it all too apparent that taking reliable,affordable and environmentally sound power for granted is amistake. This book is an important catalyst for a long overduediscussion we all need to have regarding our electric powerfuture."
-- Lawrence Makovich, Managing Director of Cambridge EnergyResearch Associates Global Power Group
"Jason Makansi's 25 years experience in the electric powerindustry, combined with his ability to explain complex technologiesin simple terms, makes him the ideal author for this book. Itshould be required reading for everyone in the trade, the financialcommunity and others providing products and services to theindustry, as well as for business schools that teach why technologyleadership can be fleeting. And let's not forget the peevedcustomer who wants an unbiased explanation."-- Robert G.Schwieger, Editor and Publisher, COMBINED CYCLE Journal
"For anybody who believes that electricity will always be easilyavailable with the flip of a wall switch, Jason Makansi's bookLights Out provides an important education"--St. LouisPost-Dispatch
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