Transformation Of The Electric Utility Business Model

Author : John Manshreck
Publisher : Walter de Gruyter GmbH & Co KG
Page : 263 pages
File Size : 47,6 Mb
Release : 2021-11-22
Category : Technology & Engineering
ISBN : 9783110714128

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Transformation of the Electric Utility Business Model by John Manshreck Pdf

This book examines business model transformation through the study of electrical utilities, an industry at the center of today’s efforts to combat climate change. When change comes to the business model of such a mature industry, the pattern is often recognizable. The foundational elements of the industry shift, allowing the innovation of business models by new competitors, while established firms face the threat of disruption. The utility sector, after decades of relative stability, is in the midst of such a transformation today. After providing a historical summary of the dominant business models of the utility sector, Transformation of the Electric Utility Business Model looks at the factors currently impacting the industry. Utilities and policy makers today are facing two long-term issues that will dominate their agendas in the coming decades: rebuilding utility infrastructure to enable the decarbonization of the economy, and managing the risk of catastrophic events that can leave large areas without power for extended periods. Fortunately, with proper planning, many utility investments in decarbonization will also support risk management. However, these investments are often not compatible with current utility business models, requiring creativity and new regulatory frameworks to successfully implement. This book considers the impact of these factors, and then discusses the future. This well-researched, extremely insightful book is essential reading for all those with an interest in business strategy, energy studies and sustainability.

Author : Richard F. Hirsh
Publisher : Cambridge University Press
Page : 294 pages
File Size : 52,7 Mb
Release : 2003-11-20
Category : Business & Economics
ISBN : 0521524717

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Technology and Transformation in the American Electric Utility Industry by Richard F. Hirsh Pdf

This book illuminates the role of technological stagnation in the decline of the American electric utility industry in the late 1960s and 1970s. Unlike other interpreters of the industry's woes, Professor Hirsh argues that a long and successful history of managing a conventional technology set the stage for the industry's deterioration. After improving steadily for decades, the technology that brought unequalled productivity growth to the industry appeared to stall in the late 1960s, making it impossible to mitigate the economic and regulatory assaults of the 1970s. Unfortunately, most managers did not recognize (or did not want to believe) the severity of the technological problems they faced, and they chose to focus instead on issues (usually financial or public relations) that appeared more manageable. Partly as a result of this lack of attention to technological issues, the industry found itself in the 1980s challenged by the prospects of deregulation and restructuring.

Author : Subramanian Vadari
Publisher : Artech House
Page : 370 pages
File Size : 54,9 Mb
Release : 2018-02-28
Category : Technology & Engineering
ISBN : 9781630814786

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Smart Grid Redefined: Transformation of the Electric Utility by Subramanian Vadari Pdf

Written by a leading expert in the utility field, this practical resource guides professionals in the evolution of the Smart Grid and offers insight into distribution automation, storage, and microgrid. This book highlights the journey to a transformed electric utility, provides solid examples, and includes real-world case studies. Readers find guidance on new energy storage solutions and electric value chain disruptors. Professionals learn how to overcome challenges related to integrating supply and demand diversity. The book highlights how new technologies impact the day-to-day operations of a utility and how these technologies can transform the normal functioning of the utility. Discussions are provided about how a transformed utility can be a springboard to a smart city. Professionals will be able to apply the strategies of technologies in this resource to guide them to success in the field. This book defines the roadmap to the utility of the future and provides a vision for how utilities can thrive in their new environment.

Author : Carl Pechman
Publisher : Springer Science & Business Media
Page : 229 pages
File Size : 42,5 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9781461532583

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Regulating Power: The Economics of Electrictiy in the Information Age by Carl Pechman Pdf

Modem industrial society functions with the expectation that electricity will be available when required. By law, electric utilities have the obligation to provide electricity to customers in a "safe and adequate" manner. In exchange for this obligation, utilities are granted a monopoly right to provide electricity to customers within well-defmed service territories. However, utilities are not unfettered in their monopoly power; public utility commissions regulate the relationship between a utility and its customers and limit profits to a "fair rate of return on invested capital. " From its inception through the late 1970s, the electric utility industry's opera tional paradigm was to continue marketing electricity to customers and to build power plants to meet customer needs. This growth was facilitated by a U. S. energy policy predicated upon the assumption that sustained electric growth was causally linked to social welfare (Lovins, 1977). The electric utility industry is now in transition from a vertically integrated monopoly to a more competitive market. Of the three primary components (generation, transmission, and distribution) of the traditional vertically integrated monopoly, generation is leading this transformation. The desired outcome is a more efficient market for the provision of electric service, ultimately resulting in lower costs to customers. This book focuses on impediments to this transformation. In partiCUlar, it argues that information control is a form of market power that inhibits the evolution of the market. The analysis is presented within the context of the transformation of the U. S.

Author : Peter Fox-Penner
Publisher : Island Press
Page : 348 pages
File Size : 50,6 Mb
Release : 2010-04-05
Category : Science
ISBN : 1597267066

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Smart Power by Peter Fox-Penner Pdf

A new national policy on climate change is under debate in the United States and is likely to result in a cap on greenhouse gas emissions for utilities. This and other developments will prompt utilities to undergo the largest changes in their history. Smart Power examines the many facets of this unprecedented transformation. This enlightening book begins with a look back on the deregulatory efforts of the 1990s and their gradual replacement by concerns over climate change, promoting new technologies, and developing stable prices and supplies. In thorough but non-technical terms it explains the revolutionary changes that the Smart Grid is bringing to utility operations. It also examines the options for low-carbon emissions along with the real-world challenges the industry and its regulators must face as the industry retools and finances its new sources and systems. Throughout the book, Peter Fox-Penner provides insights into the policy choices and regulatory reform needed to face these challenges. He not only weighs the costs and benefits of every option, but presents interviews with informed experts, including economists, utility CEOs, and engineers. He gives a brief history of the development of the current utility business model and examines possible new business models that are focused on energy efficiency. Smart Power explains every aspect of the coming energy revolution for utilities in lively prose that will captivate even the most techno-phobic readers.

Author : Fereidoon P. Sioshansi
Publisher : Academic Press
Page : 492 pages
File Size : 43,9 Mb
Release : 2016-03-15
Category : Technology & Engineering
ISBN : 9780128043202

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Future of Utilities - Utilities of the Future by Fereidoon P. Sioshansi Pdf

Future of Utilities - Utilities of the Future: How technological innovations in distributed generation will reshape the electric power sector relates the latest information on the electric power sector its rapid transformation, particularly on the distribution network and customer side. Trends like the rapid rise of self-generation and distributed generation, microgrids, demand response, the dissemination of electric vehicles and zero-net energy buildings that promise to turn many consumers into prosumers are discussed. The book brings together authors from industry and academic backgrounds to present their original, cutting-edge and thought-provoking ideas on the challenges currently faced by electric utilities around the globe, the opportunities they present, and what the future might hold for both traditional players and new entrants to the sector. The book's first part lays out the present scenario, with concepts such as an integrated grid, microgrids, self-generation, customer-centric service, and pricing, while the second part focuses on how innovation, policy, regulation, and pricing models may come together to form a new electrical sector, exploring the reconfiguring of the current institutions, new rates design in light of changes to retail electricity markets and energy efficiency, and the cost and benefits of integration of distributed or intermittent generation, including coupling local renewable energy generation with electric vehicle fleets. The final section projects the future function and role of existing electrical utilities and newcomers to this sector, looking at new pathways for business and pricing models, consumer relations, technology, and innovation. Contains discussions that help readers understand the underlying causes and drivers of change in the electrical sector, and what these changes mean in financial, operational, and regulatory terms Provides thought-provoking ideas on the challenges currently faced by electric utilities around the globe, the opportunities they present, and what the future might hold for both traditional players and new entrants to the sector Helps readers anticipate what developments are likely to define the function and role of the utility of the future

Author : Peter Hettich,Aya Kachi
Publisher : Springer Nature
Page : 400 pages
File Size : 40,9 Mb
Release : 2021-11-26
Category : Law
ISBN : 9783030807870

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Swiss Energy Governance by Peter Hettich,Aya Kachi Pdf

This open access book gathers the results of an interdisciplinary research project led by the Swiss Competence Centers for Energy Research (SCCER CREST) and jointly implemented by several universities. It identifies political, economic and legal challenges and opportunities in the energy transition from a governance perspective by exploring a variety of tools that allow state, non-state and transnational actors to manage the transition of the energy industry toward less fossil-fuel reliance. When analyzing the roles of these actors, the authors examine not only formal procedures such as political and democratic processes, but also market behavior and societal practices. In other words, the handbook focuses on both the behavior and the positive and normative frameworks of political actors, bureaucracies, courts, international organizations, lobby groups, civil society, economic actors and individuals. The authors subsequently use their findings to formulate specific guidelines for lawmakers and other rule-makers, as well as private and public actors. To do so, they draw on approaches stemming from the legal, political and management sciences.

Author : John R. McIntyre,Silvester Ivanaj,Vera Ivanaj
Publisher : Edward Elgar Publishing
Page : 368 pages
File Size : 44,8 Mb
Release : 2018-07-27
Category : Business & Economics
ISBN : 9781786437761

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CSR and Climate Change Implications for Multinational Enterprises by John R. McIntyre,Silvester Ivanaj,Vera Ivanaj Pdf

Multinational economic actors, particularly corporations, play a defining role in the response to the climate change or warming debate and the emerging scientific consensus. This book describes, explains, and predicts how multinational firms will rise to the multiple challenges posed by global climate issues and the organizational and behavioral various responses of the international corporate community. It focuses on three core research and learning objectives. Firstly, it develops the core idea that multinational enterprises cannot implement meaningful sustainability initiatives without an appropriate governance system and corporate culture. Building on this notion, it addresses the question of environmental sustainability across select industry sectors, such oil and banking. Finally, drawing on a diverse range of contributing experts, it presents select best practices such as the opportunities arising from smart technologies implementation to achieve symbiotic industrial relationships, directed particularly towards the ecological environment of these firms’ transborder operations and global reach.

Author : Fereidoon P. Sioshansi
Publisher : Academic Press
Page : 550 pages
File Size : 41,9 Mb
Release : 2019-02-19
Category : Business & Economics
ISBN : 9780128168363

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Consumer, Prosumer, Prosumager by Fereidoon P. Sioshansi Pdf

Consumers, Prosumers, Prosumagers: How Customer Stratification will Disrupt the Utility Business Model examines customer stratification in the electric power sector, arguing that it is poised to become one of the fundamental drivers of the 21st century power network as distributed energy generation, storage, sharing and trading options become available at scale. The book addresses the interface and the relationship between key players and their impacts on incumbent and disruptive service providers. Topics covered include innovations that lead to consumer stratification, regulatory policy, the potential of service, the speed and spread of stratification, and a review of potential business models and strategies. The work also covers the evolution and potential end-states of electricity service provision, from its basis in current pilot programs as distributed generation scales and its potential to supplant industry norms. Explores the impacts and trajectories of increasing distributed power generation and storage adoption Analyzes the growing number of electricity services and their impact on the existing power grid and service providers, including incumbent and disruptor utilities Discusses future market trends and trends in costs, pricing and business models

Author : Fereidoon P. Sioshansi
Publisher : Academic Press
Page : 460 pages
File Size : 40,9 Mb
Release : 2017-05-10
Category : Business & Economics
ISBN : 9780128117637

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Innovation and Disruption at the Grid’s Edge by Fereidoon P. Sioshansi Pdf

Innovation and Disruption at the Grid’s Edge examines the viable developments in peer-to-peer transactions enabled by open platforms on the grid’s edge. With consumers and prosumers using more electronic platforms to trade surplus electricity from rooftop solar panels, share a storage battery, or use smart gadgets that manage load and self-generation, the grid's edge is becoming crowded. The book examines the growing number of consumers engaging in self-generation and storage, and analyzes the underlying causes and drivers of change, as well as the implications of how the utility sector—particularly the distribution network—should/could be regulated. The book also explores how tariffs are set and revenues are collected to cover both fixed and variable costs in a sustainable way. This reference is useful for anyone interested in the areas of energy generation and regulation, especially stakeholders engaged in the generation, transmission, and distribution of power. Examines the new players that will disrupt the energy grid markets Offers unique coverage of an emerging and unpublished topic Helps the reader understand up-to-date energy regulations and pricing innovations

Author : Pavel Tsvetkov
Publisher : BoD – Books on Demand
Page : 232 pages
File Size : 55,6 Mb
Release : 2018-09-12
Category : Technology & Engineering
ISBN : 9781789237108

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Energy Systems and Environment by Pavel Tsvetkov Pdf

This book looks at environmental aspects of energy technologies, from common traditional sources in use, new sources, and emerging sources and technologies. The objective of this book is to serve as a one-stop comprehensive information resource on energy and environment topics, from energy science to energy engineering to energy politics. Starting with science and technology topics we link them to economics and politics showcasing interconnections between energy sources, energy utilization, energy conversion, and sustainability under the common theme of energy and environment. The book achieves its objective by offering and integrating deeply technical and socioeconomics papers together on energy and environment topics.

Author : Rebecca Herold,Christine Hertzog
Publisher : CRC Press
Page : 227 pages
File Size : 49,9 Mb
Release : 2015-01-15
Category : Business & Economics
ISBN : 9781000219005

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Data Privacy for the Smart Grid by Rebecca Herold,Christine Hertzog Pdf

Privacy for the Smart Grid provides easy-to-understand guidance on data privacy issues and the implications for creating privacy risk management programs, along with privacy policies and practices required to ensure Smart Grid privacy. It addresses privacy in electric, natural gas, and water grids from two different perspectives of the topic, one from a Smart Grid expert and another from a privacy and information security expert. While considering privacy in the Smart Grid, the book also examines the data created by Smart Grid technologies and machine-to-machine applications.

Author : Mahesh P. Bhave Ph.D.
Publisher : Bloomsbury Publishing USA
Page : 294 pages
File Size : 51,9 Mb
Release : 2016-10-11
Category : Business & Economics
ISBN : 9798216117261

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The Microgrid Revolution by Mahesh P. Bhave Ph.D. Pdf

What kinds (according to U.S. News & World Report) of clean electricity initiatives—ones that make sense on public policy and business strategy levels—could overcome the hurdles in shifting away from the entrenched electricity and petroleum-based transport industries in the United States? This book explores the tremendous opportunities of the new electricity revolution that looks to threaten the century-old business models of our existing power production infrastructure. The electricity industry, having been in place for more than 100 years, has established tremendous power and influence. But as solar- and wind-based energy businesses gain small footholds and expand their impact, the incumbent electricity businesses face fundamental challenges that threaten their century-old business models. Will technological advances and the motivation to control climate change finally effect a revolution in the electricity markets? This unique book proposes public policy- and business strategy-level initiatives that could overcome the structural impediments that prevail in the current electricity industries and predicts the important changes to come in the immediate and distant future. In The Microgrid Revolution: Business Strategies for Next-Generation Electricity, author Mahesh P. Bhave explains the current state of electricity production, identifies its widespread problems, and proposes a specific approach and particular solution to the puzzle of supplying clean energy for the 21st-century world. The introductory chapters lay the groundwork for the author's provocative thesis, and the concluding chapters elaborate on it with broad implications. By examining the subject material from the perspectives of public policy and regulatory concerns, corporate strategy, industry structure changes, innovation, and climate change as well as from a technological angle, readers from diverse industries and professional backgrounds will be able to understand how the coming electricity revolution is something we all have the power to influence.

Author : Anonim
Publisher : Unknown
Page : 394 pages
File Size : 53,8 Mb
Release : 1995
Category : Electronic
ISBN : NWU:35556031250095

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Business Plan to Operate Electric Utility Market by Anonim Pdf

Author : Scott Fenn
Publisher : Greenwood
Page : 184 pages
File Size : 47,8 Mb
Release : 1984
Category : Business & Economics
ISBN : UOM:39015010433582

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America's Electric Utilities by Scott Fenn Pdf