This edition offers a real-world view of the industry, explaining how it operates, how it is structured, and how electricity is regulated and priced. It includes extensive references for the reader and will be especially useful to lawyers, government officials, regulators, engineers, and students, as well as the general public.

The book explains the physical functioning of electric power systems, the electric power business in today's environment, and the related institutions, including recent changes in the roles of the Federal Energy Regulatory Commission and the North American Reliability Company.

Contents
Preface to the Second Edition
Acknowledgments
1 Benefits of Electric Power and a History of the Electric Power Industry
2 The Electric Power System
3 Basic Electric Power Concepts
4 Electric Energy Consumption
5 Electric Power Generation and Concerns About Greenhouse Gases
6 The Technology of the Electric Transmission System
7 Distribution
3 Energy Storage and Other New Technologies
9 Reliability
10 The Physical Network: The North American Electric Reliability Corporation (NERC) and Its Standards
11 The Physical Network: Operation of the Electric Bulk Power
12 The Physical Network: Planning of the Electric Bulk Power System
13 The Regulatory Network: Legislation
14 The Regulatory Network: The Regulators
15 The Information, Communication, and Control Network and Security
16 The Fuel and Energy Network
17 The Business Network: Market Participants
18 The Money Network: Wholesale Markets
19 The Professional and Industry Organizations
Index

Download File Size:5.98 MB

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