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Books : Nonfiction : Law : Administrative Law : Public Utilities
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The electric power industry is undergoing the greatest transformation in its 100-year history. In readable, concise fashion author Denise Warkentin explains how the electric industry works! After briefly tracing the history of the industry, she details shareholder-owned, consumer-owned utilities, as well as rural cooperatives and independent power producers. Other issues addressed include deregulation, the emergence of energy marketers, and the flurry of mergers, acquisitions, and consolidations now ongoing.
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The authors have retained the basic structure of prior editions, but have further integrated implied covenants issues with express lease issues and conservation with pooling and unitization, as well as adding new cases and editing the old materials. The book includes environmental law materials in a separate chapter, reflecting the editors' view of their importance and adapting the book for use in an advanced course, as well as a basic course
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Consume thy rival may be the new law of corporate survival in the U.S. utilities industry. This book describes close to $70 billion of global utility mergers stemming from the anticipated deregulation of the U.S. gas and electrical utilities industries. Occurring from 1995 to 1997, these mergers are completely restructuring U.S. power utilities. Thirty-seven billion dollars of these mergers, a full 53 percent, occurred abroad. About two-thirds of the foreign mergers were U.S. takeovers, while the remaining one-third was mergers, defensive and otherwise, of U.K. firms with other U.K. firms. This may be the first time U.S. industrial restructuring has generated more investment abroad rather than in domestic markets. Exploring the diversity of strategies and changes driving these mergers, the author concludes that although complex, the mergers can be explained by strategies traditionally used in domestic M&As. These very large U.S. utilities now consider themselves to be operating in a global industry of private, deregulated utilities, and they are determined to survive through mergers that help them cut costs, spread expenses, and increase profits.
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The energy sector in Europe has changed rapidly over the last few years under the influence of trends towards globalization, liberalization, competition, de-monopolization, and strengthening of regulation in the field. The new edition of this book builds on the success of the first in providing an updated overview of these important developments at both international and European levels, covering the most important principles of international law of relevance to the energy sector. A chapter dedicated to comparison of legal developments across Europe addresses the increasingly important question of whether we are heading towards an international energy market. New chapters on European Union External Energy Relations and Standards of European Energy Trade highlight growing cooperation in the energy field with major producers such as Russia, and the standards for trading energy in an integrated geographical market, including analysis of the product markets, as well as the relevant legal instruments and master agreements.
The book also focuses on the implementation of the significant Energy Directives, and the constitutional and regulatory framework in the key energy-producing jurisdictions in the EU: Denmark, France, Germany, Italy, the Netherlands, Norway, Poland, Spain and the United Kingdom. The national coverage emphasises trans-border collaboration by examining bilateral and multilateral cooperation within the context of the European Union. There is also updated analysis of developments in these countries in every energy sector, including oil, gas, nuclear energy, and in response to the Kyoto protocol, to renewables and emissions, with the extent of coverage determined by the resource base of each country.
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This authoritative guide presents the reasons behind industry regulation and the legal basis for it. Text discusses calculating rate base and rate of return, cost allocation, and rate design. Added attention is given to many of the new market-oriented forms of regulation, such as service unbundling, equal access to bottleneck facilities, competitive contracting, managed competition in health care, and incentive regulation.
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A comprehensive text on the operation of energy service companies. Coverage includes how ESCOs act as information services that help customers make better energy purchases and make better use of facilities, billing services that enable customers to reduce costs, and other services which relate to energy and solve customer problems. DLC: Energy industries--Management.
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What do phone rates, frequent flyer programs, and railroad tariffs all have in common? They are all examples of nonlinear pricing. Pricing is nonlinear when it is not strictly proportional to the quantity purchased. The Electric Power Research Institute has commissioned Robert Wilson to review the various facets of nonlinear pricing. The work starts with a general non-mathematical discussion, followed by a more technical presentation intended for readers with a fairly advanced background. Thorough and detailed, this study has ample examples of case studies from a variety of industries.
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Electricity markets are being deregulated or face new regulatory frameworks. In such changing markets, new pricing strategies will need to consider such factors as cost, value of service and pricing by objective. Pricing in Competitive Electricity Markets introduces a new family of pricing concepts, methodologies, models, tools and databases focused on market-based pricing. This book reviews important theoretical pricing issues as well as practical pricing applications for changing electricity markets.
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The United States has 123 Agreements with almost all countries with major nuclear energy programs. A glaring exception is Russia, a country with one of the most technologically advanced and commercially active nuclear industries in the world. The reasons for this anomaly include the mutual mistrust that prevailed during the Cold War, the dormancy of the U.S. nuclear industry in the post-Cold War period, and the differing approaches of the two countries toward the nuclear fuel cycle. Since the mid-1990s, the main impediment to a U.S.-Russia 123 Agreement has been Russian nuclear assistance to Iran, which the United States believes is pursuing a nuclear-weapons capability under the cloak of a civil nuclear program. In an effort to induce Moscow to end such assistance, the Clinton administration and initially the Bush administration refused to negotiate a 123 Agreement with Russia unless it halted all nuclear cooperation with Iran, including its construction of a nuclear power reactor at Bushehr.However, at the July 2006 meeting of G-8 leaders in St. Petersburg, Presidents George W. Bush and Vladimir Putin announced that bilateral negotiations would begin. The talks proceeded smoothly and an agreement was signed in Moscow on May 6, 2008. On May 13, the White House transmitted the 123 Agreement and its supporting documentation to the Congress for its consideration. The U.S.-Russia agreement meets all the legal requirements set forth in Section 123 of the Atomic Energy Act. In particular, it contains all the required nonproliferation guarantees and controls, including a U.S. right of prior consent to retransfers, a guarantee that adequate physical protection measures will be maintained with respect to U.S. exports, and a guarantee that no U.S.-origin nuclear material will be enriched or reprocessed without the prior approval of the United States.
A 123 Agreement can give the U.S. leverage with the Russians. But the leverage, and the ability to influence Russian behavior, comes not from withholding U.S. approval of the agreement; it comes from implementing the agreement and giving the Russians a tangible, vested interest in continuing to cooperate with the United States. Critical U.S. nonproliferation objectives, especially the goal of preventing Iran from acquiring nuclear weapons, cannot be achieved without the active cooperation of Russia. The best way to gain that cooperation--on Iran and a wide range of other issues--is to bring the U.S.-Russia 123 Agreement into force at an early date.
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Planning as Persuasive Storytelling is a revealing look at the world of political conflict surrounding the Commonwealth Edison Company's ambitious nuclear power plant construction program in northern Illinois during the 1980s. Examining the clash between the utility, consumer groups, community-based groups, the Illinois Commerce Commission, and the City of Chicago, Throgmorton argues that planning can best be thought of as a form of persuasive storytelling. A planner's task is to write future-oriented texts that employ language and figures of speech designed to persuade their constituencies of the validity of their vision. Juxtaposing stories about efforts to construct Chicago's electric future, Planning as Persuasive Storytelling suggests a shift in how we think about planning. In order to account for the fragmented and conflicted nature of contemporary American life and politics, that shift would be away from "science" and the "experts" and toward rhetoric and storytelling.
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Aircraft Finance: Recent Developments and Prospects confronts the burning issues in the turbulent world of the airline industry. The book combines selections of presentations from the First and Second De Brauw Blackstone and Westbroek Aircraft Finance Conferences, held in January 1992 and 1995, respectively. It deals with the legal and tax aspects of aircraft finance transaction in six European jurisdictions: France, Germany, Spain, Sweden, Belgium and the Netherlands. All presentations have been reviewed and updated by the authors. Issues raised include funding sources, security rights, aircraft leasing and the effect of the EC licensing regulation. Furthermore, it contains two selections dealing with the outlook for the aviation industry and the aircraft finance market. Audience: Lawyers, financiers, airlines, lease companies and aircraft manufacturers. Provides practical answers to complex legal issues.
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Published in the same format as its predecessor, An Introduction to Air Law, the author was inspired by similar motives to produce this practical volume on space law. Although several handbooks on space law have been on the market for quite some time, a publication giving a more concise and yet comprehensive picture was sorely needed. In this book, students, lawyers, and also corporate organisations will find a useful orientation and guidance concerning the legal problems and practical consequences emanating from the main space treaties. With the commercialisation of outer space activities developing at great pace, vital operations like remote sensing and telecommunications have been specially highlighted. In addition, the very latest developments on this subject have been closely monitored to provide you with the most updated information. For those interested in more profound studies, extensive documentation has also been included.This second printing has been extended and adapted to new developments.
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