This book is designed to provide the economic skills to make better management or policy decisions relating to energy. It requires a knowledge of calculus and contains a toolbox of models along with institutional, technological and historical information for oil, coal, electricity, and renewable energy resources.

The roles and applications of various modeling approaches, aimed at improving the usefulness of energy policy models in public decision making, are covered by this book. The development, validation, and applications of system dynamics and agent-based models in service of energy policy design and assessment in the 21st century is a key focus. A number of modeling approaches and models for energy policy, with a particular focus on low-carbon economic development of regions and states are covered. Chapters on system dynamics methodology, model-based theory, fuzzy system dynamics frame-work, and optimization modeling approach are presented, along with several chapters on future research opportunities for the energy policy modeling community. The use of model-based analysis and scenarios in energy policy design and assessment has seen phenomenal growth during the past several decades. In recent years, renewed concerns about climate change and energy security have posed unique modeling challenges. By utilizing the validation techniques and procedures which are effectively demonstrated in these contributions, researchers and practitioners in energy systems domain can increase the appeal and acceptance of their policy models.

Many of the richest energy-producing regions of the world are wrought with conflict and billions of the world's poorest suffer the daily insecurity of energy poverty. All the while our planet is increasingly under pressure because of our continued dependence on fossil fuels. It is easy to see why energy security has become one of the major global challenges of the twenty-first century. In this book, Roland Dannreuther offers a new and comprehensive approach to understanding energy security. Drawing on the latest research, he treats energy security as a value that is continually in dynamic conflict with other core values, such as economic prosperity and sustainability. The different physical properties of the key energy resources – coal, oil, gas, nuclear and renewables – are of course critical for the differing manifestations of energy insecurity. But it is the social, economic and political contexts, developed over time and place, which are essential for a fuller appreciation of contemporary energy challenges. In highlighting the history and politics of energy security and the critical role played by power and justice in framing these debates, this incisive and cutting-edge analysis is a go-to introduction for students grappling with the complexities of energy security today.

Ever since the Industrial Revolution energy has been a key driver of world politics. From the oil crises of the 1970s to today’s rapid expansion of renewable energy sources, every shift in global energy patterns has important repercussions for international relations. In this new book, Thijs Van de Graaf and Benjamin Sovacool uncover the intricate ways in which our energy systems have shaped global outcomes in four key areas of world politics: security, the economy, the environment and global justice. Moving beyond the narrow geopolitical focus that has dominated much of the discussion on global energy politics, they also deftly trace the connections between energy, environmental politics, and community activism. The authors argue that we are on the cusp of a global energy shift that promises to be no less transformative for the pursuit of wealth and power in world politics than the historical shifts from wood to coal and from coal to oil. This ongoing energy transformation will not only upend the global balance of power; it could also fundamentally transfer political authority away from the nation state, empowering citizens, regions and local communities. Global Energy Politics will be an essential resource for students of the social sciences grappling with the major energy issues of our times.

Electricity Pricing In Transition is written to address the new issues facing utilities, retailers, regulators, and customers in the changing electricity market. It is organized into five sections. Section I deals with the new restructured organization that has emerged from yesterday's vertically integrated, regulated monopoly company. Section II deals with issues in competitive pricing. Section III reviews the role of demand response and product design in today's chaotic marketplace. Given the single importance of California's energy crisis and the fact that it will be studied for years to come, Section IV is devoted to studying the lessons learned from this crisis. The final section of the book deals with markets and regulations. This book will provide practitioners with guidance on how to avoid the major pitfalls in pricing electricity while the market is in transition by drawing upon the insights and lessons learned from the experience of others that are documented in this book.

Countries around the world are increasingly looking to liquefied natural gas (LNG) - natural gas that has been cooled until it forms a transportable liquid - to meet growing energy demand. Energy for the 21st Century provides critical insights into the opportunities and challenges LNG faces, including its potential role in a carbon-constrained world.

The power sector has undergone a liberalization process both in industrialized and developing countries, involving market regimes, as well as ownership structure. These processes have called for new and innovative concepts, affecting both the operation of existing hydropower plants and transmission facilities, as well as the development and implementation of new projects. At the same time a sharper focus is being placed on environmental considerations. In this context it is important to emphasize the obvious benefits of hydropower as a clean, renewable and sustainable energy source. It is however also relevant to focus on the impact on the local environment during the planning and operation of hydropower plants. New knowledge and methods have been developed that make it possible to mitigate the local undesirable effects of such projects. Development and operation of modern power systems require sophisticated technology. Continuous research and development in this field is therefore crucial to maintaining hydropower as a competitive and environmentally well-accepted form of power generation.

An objective, comprehensive and accessible examination of today's most crucial problem: preserving the environment in the face of society's insatiable demand for energy.

In the new millennium, understanding China’s energy economy is crucial for politicians, businesspeople and energy economists, as China’s energy policy choices will mean both challenges and opportunities for the world in terms of an increasing share of primary energy consumption and investment. This book initially reviews the literature on China’s energy economy and in so doing reveals that many important areas have been overlooked or are outdated in their coverage. Given the size of China and its global importance, the book then review s China’s current energy situation and fills the gaps in the literature for those who are interested in and concerned about China’s economic development and energy reform in the new millennium. The book is different from previous studies in several important ways: Firstly, it presents recent, pioneering research rather than a simple textbook, several sections of which have been published in high-quality energy journals. Secondly, the book first subdivides China's energy intensity change into aspects of budget constraint, technological change, factor substitution, energy demand and economic growth using a newly developed econometric approach. Thirdly, it provides many new and different econometric findings and derives many new policy implications for China's energy economy. And lastly, it brings to light a wealth of new knowledge for those who are interested in China's energy economy, the world energy market and global environmental and climate change issues.