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Delivering a Low Carbon Electricity System

Delivering a Low Carbon Electricity System
Technologies, Economics and Policy

$168.00 (C)

Part of Department of Applied Economics Occasional Papers

Michael Grubb, Tooraj Jamasb, Michael Pollitt, William J. Nuttall, Alexandra Maratou, Chris Hope, David Newbery, Fabien A. Roques, Graham Sinden, Karsten Neuhoff, Jim Cust, Kim Keats, Janusz Bialek, Mark Bilton, Charlotte Ramsay, Matthew Leach, Hannah Devine-Wright, Patrick Devine-Wright, Daniel Kirschen, James Wilde, Steven Sorrell, Paul Twomey, Jonathan Köhler, Nadine Haj-Hasan, Ian Elders, Graham Ault, Graeme Burt, Ryan Tumilty, Jim McDonald, Milton Yago, Jonathan P. Atkins, Keshab Bhattarai, Richard Green, Stephen Trotter, David M. Reiner, Jon Gibbins, Sam Holloway
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  • Date Published: September 2008
  • availability: Available
  • format: Hardback
  • isbn: 9780521888844

$ 168.00 (C)
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About the Authors
  • Meeting targets aimed at tackling the climate change challenge requires moving towards a low-carbon economy. These targets can only be met with major reductions in carbon emissions from the electricity sector. Written by a team of leading academics and industry experts, Delivering a Low Carbon Electricity System analyses the social, technological, economic and political issues that affect the attempt to create a low-carbon electricity sector and assesses the main instruments for achieving this aim. The book begins by looking at how low-carbon generation technologies might be added in sufficient quantity to the electricity system. Next, it examines how networks and the demand side can help to decarbonise the sector. It then highlights the role of innovation and discusses instruments for promoting technological progress. Finally, given the economic framework and technological possibilities, it presents a number of general and specific policy instruments and options for the future.

    • An analysis of the single most important sector of the economy for tackling the climate change challenge
    • Examines a broad range of economic, technological, and policy issues
    • Written by an international team of leading academics and industry experts
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    Reviews & endorsements

    'Atmospheric greenhouse gas stabilization goals can only be achieved by significantly reducing carbon emissions associated with the generation and use of electricity. This book, written by a group of distinguished economists, provides a comprehensive analysis of the options for doing so in a cost-effective and timely manner. The book's analysis provides an excellent framework to guide UK policies aimed at achieving its carbon reduction goals and can serve as an excellent policy model for other developed countries as well.' Paul L. Joskow, MIT Center for Energy and Environmental Policy Research

    'As a path-breaking Climate Change Bill moves through the UK Parliament, it is clear that the electricity system in its widest sense - covering generation, infrastructure and consumers - has a critical role to play in meeting climate policy goals. The trick will be to do so while keeping down costs and ensuring secure supplies. The authors of this comprehensive text show how it can be done. An astute juggling of technology and economics, supported by informed analysis, is essential. This book should be on every energy policy makers reading list.' Jim Skea, UK Energy Research Centre

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    Product details

    • Date Published: September 2008
    • format: Hardback
    • isbn: 9780521888844
    • length: 536 pages
    • dimensions: 235 x 157 x 30 mm
    • weight: 0.96kg
    • contains: 86 b/w illus. 63 tables
    • availability: Available
  • Table of Contents

    List of figures
    List of tables
    List of contributors
    Foreword
    Acknowledgments
    1. A low-carbon electricity sector for the UK: issues and options Michael Grubb, Tooraj Jamasb and Michael Pollitt
    Part I. The Fundamentals:
    2. Calculating the social cost of carbon Chris Hope and David Newbery
    3. Technologies for a low-carbon electricity system: an assessment of the UK's issues and options Tooraj Jamasb, William J. Nuttall, Michael Pollitt and Alexandra Maratou
    4. The benefits of fuel mix diversity Fabien A. Roques
    5. Variability and renewables Graham Sinden
    6. Implications of intermittency and transmission constraints for renewables deployment Karsten Neuhoff, Jim Cust and Kim Keats
    Part II. Incentives and the Demand Side: Demand Side Management and System Requirements:
    7. Electricity network investment and regulation for a low-carbon future Michael Pollitt and Janusz Bialek
    8. Domestic electricity consumption and demand side participation: opportunities and challenges for the UK power system Mark Bilton, Charlotte Ramsay, Matthew Leach, Hannah Devine-Wright, Patrick Devine-Wright and Daniel Kirschen
    9. Enhancing efficient use of electricity in the business and public sectors Michael Grubb, James Wilde and Steven Sorrell
    Part III. Investment, Price and Innovation:
    10. Will the market choose the right technologies? Karsten Neuhoff and Paul Twomey
    11. Pricing carbon for electricity generation: national and international dimensions Michael Grubb and David Newbery
    12. Learning curves for energy technology: a critical assessment Tooraj Jamasb and Jonathan Köhler
    13. Accelerating innovation and strategic deployment in UK electricity – applications to renewable energy Michael Grubb, Nadine Haj-Hasan and David Newbery
    Part IV. Scenarios, Options and Public Attitudes:
    14. Scenarios of the electricity industry in Great Britain in 2020: networks, generation and decarbonisation Ian Elders, Graham Ault, Graeme Burt, Ryan Tumilty, Jim McDonald and Jonathan Köhler
    15. Modelling the economic impact of low-carbon electricity Milton Yago, Jonathan P. Atkins, Keshab Bhattarai, Richard Green and Stephen Trotter
    16. Bridging technologies: can clean fossil offer a bridge to a sustainable energy future in the UK? David M. Reiner, Jon Gibbins and Sam Holloway
    17. Reconsidering public acceptance of Renewable Energy Technologies: a critical review Patrick Devine-Wright
    18. Concluding chapter Michael Grubb, Tooraj Jamasb and Michael Pollitt
    Index.

  • Editors

    Michael Grubb, University of Cambridge
    Michael Grubb is Chief Economist at the UK Carbon Trust and Senior Research Associate in the Faculty of Economics and at the Electricity Policy Research Group (EPRG), University of Cambridge. He is also Visiting Professor of Climate Change and Energy Policy at Imperial College London.

    Tooraj Jamasb, University of Cambridge
    Tooraj Jamasb is Senior Research Associate in the Faculty of Economics and Electricity Policy Research Group (EPRG) at the University of Cambridge.

    Michael G. Pollitt, University of Cambridge
    Michael G. Pollitt is Reader in Business Economics at the Judge Business School and Assistant Director of the Electricity Policy Research Group, University of Cambridge. He is also Fellow and Director of Studies in Economics and Management at Sidney Sussex College, Cambridge.

    Contributors

    Michael Grubb, Tooraj Jamasb, Michael Pollitt, William J. Nuttall, Alexandra Maratou, Chris Hope, David Newbery, Fabien A. Roques, Graham Sinden, Karsten Neuhoff, Jim Cust, Kim Keats, Janusz Bialek, Mark Bilton, Charlotte Ramsay, Matthew Leach, Hannah Devine-Wright, Patrick Devine-Wright, Daniel Kirschen, James Wilde, Steven Sorrell, Paul Twomey, Jonathan Köhler, Nadine Haj-Hasan, Ian Elders, Graham Ault, Graeme Burt, Ryan Tumilty, Jim McDonald, Milton Yago, Jonathan P. Atkins, Keshab Bhattarai, Richard Green, Stephen Trotter, David M. Reiner, Jon Gibbins, Sam Holloway

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