Smart Power Anniversary Edition :Climate Change, the Smart Grid, and the Future of Electric Utilities

3.83 ( 162 Ratings by Goodreads)
Smart Power Anniversary Edition

Smart Power Anniversary Edition :Climate Change, the Smart Grid, and the Future of Electric Utilities

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3.83 (162 Ratings by Goodreads)
paperback
Published: 16 September, 2014
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Description

This pivotal work offers a clear and accessible vision of how we can transform the electric power industry to adapt to twenty-first century challenges. Few industries are as stuck in the past as utilities are. In the face of climate change and the need for energy security, a system that took more than a century to evolve must now be extensively retooled in the span of a few decades, although many of the technologies and institutions needed are still being designed or tested. It is like rebuilding an entire aeroplane fleet, along with the runways and air traffic control system, while the planes are all up in the air filled with passengers. In this accessible and insightful book, Peter Fox-Penner considers how utilities interact with customers and how the Smart Grid could revolutionise their relationship. He considers the costs of, and tradeoffs between, large-scale power sources such as coal plants and small-scale power sources close to customers. Finally, he looks at how utilities can respond to all of these challenges and remain viable, while financing hundreds of billions of dollars of investment without much of an increase in sales. This Anniversary Edition includes up-to-date assessments of the industry by such leading energy experts as Daniel Estes and Jim Rogers, as well as a new afterword from the author.
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Type Book
ISBN13 9781610915892
ISBN10 1610915895
Number Of Pages 376
Item Weight 1000 g
Publisher / Reseller Island Press
Format paperback
Edition Anniversary edition
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Media Reviews

Smart Power paints a sharp picture of the historic challenges facing the utility industry, its regulators and the nation at large. Peter Fox-Penner's urgent call for a bottoms-up solution relying on local, state and regional cooperation and creativity presages the work now ongoing across the country. Smart Power is an essential read for policy makers looking for workable solutions for the next decade and beyond. --Charles Gray, Executive Director of the National Association of Regulatory Commissioners
Smart Power is the most advanced look at how climate policies will change our energy utilities, from power sources to operations to business models. --Joe Romm, Editor of Climate Progress, Senior Fellow at the Center for American Progress
[Smart Power] proves that understanding how the electricity utility market works - and how radically it must change - is fundamental to the clean energy debate. --Real Power
The thoroughness and authority of the book stand out, and as both a popular policy and business strategy book, Smart Power is a compelling read for a wide range of audiences. --IPL blog

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Author's Bio

Peter Fox-Penner, Ph.D., is a consulting executive and an internationally recognised authority on energy and electric power industry issues. He is a Principal and the Chairman Emeritus of The Brattle Group, a leading international economic consulting firm.

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