Forsund Hydropower Economics

1. Auflage 2007
ISBN: 978-0-387-73027-1
Verlag: Springer US
Format: PDF
Kopierschutz: 1 - PDF Watermark

E-Book, Englisch, Band 112, 266 Seiten

Reihe: International Series in Operations Research & Management Science

There are few more urgent topics in today's world, so full of ecological uncertainty. Hydropower Economics uses various econometric measures to examine sustainable alternative energy sources. It kicks off by modeling hydropower, yes, but it does not end there. Forsund has extended his model to include thermal power and wind power, too - forms of alternative energy that are taking on an ever larger profile.

Autoren/Hrsg.

Forsund, Finn R.

Inhaltsverzeichnis

1;Preface;6
2;Contents;8
3;List of Common Variables;11
4;Chapter 1. Introduction;13
4.1;Background;13
4.2;The purpose of this book;16
4.3;Electricity;20
4.4;Hydropower;25
4.5;Environmental concerns;30
5;Chapter 2. Water as a Natural Resource;31
5.1;The basic hydropower model;31
5.2;Water as a non-renewable resource: Hotelling revisited;35
5.3;Several user groups;39
6;Chapter 3. Hydropower with Constraints;44
6.1;The variation of prices;44
6.2;Constraints in hydropower modelling;46
6.3;Optimal management with reservoir constraint;48
6.4;The bathtub diagram for two periods;53
6.5;The generation of price changes;56
6.6;Determining quantities;72
7;Chapter 4. Multiple Producers;78
7.1;Reservoir constraints;78
7.2;Hveding’s conjecture;82
7.3;Output constraints;88
7.4;Hydraulically coupled hydropower;96
7.5;Environmental restrictions;99
8;Chapter 5. Mix of Thermal and Hydropower Plants;105
8.1;Thermal plants;105
8.2;Social solution of mixed hydro and thermal capacity;114
8.3;Introducing a reservoir constraint;119
8.4;Optimal mix of hydro and thermal plants;121
8.5;A dynamic thermal problem;126
9;Chapter 6. Trade;131
9.1;Unconstrained trade;131
9.2;Constraints on trade;137
9.3;Trade between countries hydro and thermal;147
10;Chapter 7. Transmission;160
10.1;Engineering approach to transmission in economics;161
10.2;Modelling transmission for simple cases;165
10.3;A general transmission model;178
10.4;Network impact on utilisation of hydropower;186
11;Chapter 8. Market Power;189
11.1;Monopoly;190
11.2;Monopoly and trade;195
11.3;Monopoly with reservoir constraints;201
11.4;Monopoly with trade and reservoir constraints;207
11.5;Monopoly with hydro and thermal plants;210
11.6;Dominant firm with a competitive fringe;213
11.7;Oligopolistic markets;219
12;Chapter 9. Uncertainty;220
12.1;The general problem;220
12.2;A simplified two-period approach;222
12.3;Generalisation to T periods;232
12.4;Hydro and thermal;238
12.5;Monopoly revisited;241
12.6;Concluding comments;244
13;Chapter 10. Summary and Conclusions;246
13.1;Main drivers of price change;246
13.2;Competitive electricity markets;249
13.3;Market designs;252
13.4;Investments;254
14;References;257
15;Author Index;262
16;Subject Index;263