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A "quick look up guide," Electricity Cost Modeling Calculations places the relevant formulae and calculations at the reader's finger tips. In this book, theories are explained in a nutshell and then the calculation is presented and solved in an illustrated, step-by-step fashion. A valuable guide for new engineers, economists (or forecasters), regulators, and policy makers who want to further develop their knowledge of best practice calculations techniques or experienced practitioners (and even managers) who desire to acquire more useful tips, this book offers expert advice for using such cost models to determine optimally-sized distribution systems and optimally-structured power supplying entities. In other words, this book provides an Everything-that-you-want-to-know-about-cost-modelling-for-electric-utilities (but were afraid to ask) approach to modelling the cost of supplying electricity. In addition, the author covers the concept of multiproduct and multistage cost functions, which are appropriate in modelling the cost of supplying electricity. The author has done all the heavy number-crunching, and provides the reader with real-world, practical examples of how to properly quantify the costs associated with providing electric service, thus increasing the accuracy of the results and support for the policy initiatives required to ensure the competitiveness of the power suppliers in this new world in which we are living. The principles contained herein could be employed to assist in the determination of the cost-minimizing amount of output (i.e., electricity), which could then be used to determine whether a merger between two entities makes sense (i.e., would increase profitability). Other examples abound: public regulatory commissions also need help in determining whether mergers (or divestitures) are welfare-enhancing or not; ratemaking policies depend on costs and properly determining the costs of supplying electric (or gas, water, and local telephone) service. Policy makers, too, can benefit in terms of optimal market structure; after all, the premise of deregulation of the electric industry was predicated on the idea that generation could be deregulated. Unfortunately, the economies of vertical integration between the generation. - A comprehensive guide to the cost issues surrounding the generation, transmission, and distribution of electricity - Real-world examples that are practical, meaningful, and easy to understand - Policy implications and suggestions to aid in the formation of the optimal market structure going forward (thus increasing efficiency of electric power suppliers) - The principles contained herein could be employed to assist in the determination of the cost-minimizing amount of output
The world of work and labour is in a permanent transformation affecting the various social groups in the different parts of the world quite unequally. Social innovations, related to the idea of economic progress and well-being, tackle the problems of employment leading to social exclusion and poverty as a consequence of the extreme positioning in favour of economic performance. An alternative economy complements the deficiency of both the market and the State. This volume presents contributions from scholars coming from different continents, about Social Economy, Labour Rights, corporate Social Responsibility, Social Regulations and Public Policies. Social innovations have huge impacts on national and regional economies as their sources come from the citizen. Many initiatives presented in this volume are a social response by civil society to poverty, precarious employment, job losses, long term unemployment, delocalisation and de-industrialisation.
This book unpacks the politics of climate change in Australia in the context of successive conservative Coalition governments resisting any moves to mitigate emissions and as local communities and transnational corporations struggle with each other to control the transition to a sustainable energy future. As Australia has abundant clean energy resources in terms of solar and wind, the book offers a test case for study of the energy policy transition in the 21st century. It does so by using tools from political economy and sociology, teasing out public attitudes to renewable energy technologies and innovative infrastructure investments, unpacking the complex parameters of this historical debate, tracing the rise of household 'prosumers' and arguing the case for grassroots ownership of renewable infrastructure or 'energy sovereignty' - already pioneered by some isolated communities in Australia. The cultural and emancipatory benefits of cooperative ventures are well known. However, capitalism is not readily defeated by democracy. The promotion of individual households as 'virtual power stations', of 'smart technologies' and even of cryptocurrency into the energy transition innovative mix opens up ever new horizons for corporate control.