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Book Cover
E-book
Author Neresian, Roy L., author

Title Energy economics : markets, history and policy / Roy L. Neresian
Published Abingdon, Oxon ; New York, NY : Routledge, 2016

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Description 1 online resource
Contents Cover; Title; Copyright; Dedication; Contents; List of Figures; List of Tables; List of Online Material; Preface; 1 Energy Economics and Policy; What Is Energy?; Energy and Economics; Energy and the Environment; Air Pollution; Energy and Policy; Measuring Energy; The Problem Is the Size of the Problem; Forecasting Energy Demand; Short Cut for Projecting Energy Demand; A Model to Project Total Energy Demand; Problems and Projects; Notes; 2 Electricity and Utility Industry; Electricity Is Derived Energy; System Operation; Methods of Rate Regulation
Operating Models in an Era of Deregulation/LiberalizationSmart Meters/Smart Grids; Utility Pools; It Takes Energy to Make Energy; Projects and Problems; Notes; 3 Biomass; Yesterday's Fuel; Today's Fuel; Around the World with Biomass; Biomass for Electricity Generation; Not All Favor Biomass for Electricity; Biomass Fuels for Electricity Generation; Biogas; Disposal of Biowaste; Tapping Biomass for Electricity Generation; Biofuels; History of Ethanol as a Motor Vehicle Fuel; Brazil-The Great Leap Forward for Biofuels; The US-The Great Leap Forward for Corn Growers; The Great Sugar-Corn Debate
Other Developments in the World of EthanolCellulosic Ethanol; Biodiesel; Palm Oil as a Biodiesel Feedstock; Other Biodiesel Feedstocks; Biodiesel Development; Biodiesel Prospects; Biofuel Risks; Projects and Problems; Notes; 4 Coal; Types of Coal; Coal Mining; Coal in the Twenty-First Century; Coal Reserves; Coal Prices; Case against Coal; Clean Coal Technologies; Coal Gasification; Carbon Capture; Ash Disposal; Eliminating Coal Not So Easy; Problems and Project; Notes; 5 The Story of Big Oil; History of Oil; Early Attempts at Oil Price Controls; Enter Saudi Arabia and Kuwait
Exit the Key PlayersDevelopment of Saudi Arabia's Oil Fields; Shoes Begin to Fall; Birth of OPEC; 1973 Oil Crisis; First Occasion for High Oil Prices; Era of Moderate Oil Prices; Second Occasion for High Oil Prices; Geopolitical Risks; Oil and Diplomacy; Oil and Environmentalists; Role of Oil Companies after the Oil Crisis; A Changing World; Future Role of Oil Companies; Projects and Problems; Notes; 6 Oil; Oil Reserves; Is Hubbert's Peak Oil Dead?; Oil Consumption and Production; Oil Trade Patterns; Changing Nature of US Oil Imports and Middle East Exports; Oil Shale-Game Changer
Synthetic CrudeBitumen; Shale Oil; Challenge of Oil: The Automobile; Automobile Population; Fuel Savings with Piggybacking; Internalizing an Externality; Problems and Project; Notes; 7 Natural Gas; Background; Road to Deregulation; European Road to Liberalization; From Source to Consumer; Natural Gas as a Fuel; Natural Gas in the US; Natural Gas in Europe; Facing the Geopolitical Risk of Natural Gas; Natural Gas in Asia; Natural Gas in the Rest of the World; Transforming Natural Gas to Electricity; Carbon Emissions of Natural Gas; Selection Procedure for Electricity Generating Plants
Summary Three quarters of our current electricity usage and transport methods are derived from fossil fuels and yet within two centuries these resources will dry up. Energy Economics covers the role of each fossil and renewable energy source in today's world, providing the information and tools that will enable students to understand the finite nature of fossil fuels and the alternative solutions that are available. This textbook provides detailed examinations of key energy sources - both fossil fuels and renewables including oil, coal, solar, and wind power - and summarises how the current economics of energy evolved. Subsequent chapters explore issues around policy, technology and the possible future for each type of energy. In addition to this, readers are introduced to controversial topics including fracking and global warming in dedicated chapters on climate change and sustainability. Each chapter concludes with a series of tasks, providing example problems and projects in order to further explore the proposed issues. An accompanying companion website contains extensive additional material on the history of the major types of fuel as well as technical material relating to oil exploration, the development of solar power and historical environmental legislation. This textbook is an essential text for those who study energy economics, resource economics or energy policy
Bibliography Includes bibliographical references and index
Notes Print version record
Subject Fossil fuels -- Economic aspects
Renewable energy sources -- Economic aspects
Power resources -- Economic aspects
Energy consumption.
Energy industries.
Energy policy.
Renewable energy sources.
energy consumption.
BUSINESS & ECONOMICS -- Real Estate -- General.
Energy consumption
Energy industries
Energy policy
Fossil fuels -- Economic aspects
Power resources -- Economic aspects
Renewable energy sources -- Economic aspects
Form Electronic book
ISBN 9781317511861
1317511867
9781315718064
1315718065
9781317511878
1317511875
9781317511854
1317511859