Economic Evaluation of Projects in the Electricity Supply Industry, 3rd Edition

The updated and expanded edition of Economic Evaluation of Projects in the Electricity Supply Industry takes a broad introductory approach to outline the evolving methods of project evaluation in the electricity supply industry.

In addition to market and environmental issues, financial analysis and evaluation, clean environmental technologies and costs and new energy trends, this new edition now covers the changing mix of fuels in the power generation sector, greater involvement of the private sector in power generation investments through independent power producers, the important role of regulations, and the growing interest in clean electricity generation. It also reviews the economics of investing in renewables, introduction of smart grids and intelligent meters and networks and cyber security.

Table of Contents

Chapter 1 Global electrical power planning, investments and projects
Chapter 2 Considerations in project evaluation
Chapter 3 Time value of money (discounting)
Chapter 4 Choice of the discount rate
Chapter 5 Financial evaluation of projects
Chapter 6 Considerations in project evaluation
Chapter 7 Economic evaluation of projects
Chapter 8 Environmental considerations, cost estimation and long term discounting in project evaluation
Chapter 9 Electricity generation in a carbon-constrained world. Part I – The strategies, national requirements and global agreements
Chapter 10 Electricity generation in a carbon-constrained world. Part II – The technologies
Chapter 11 Economics of reliability of the power supply
Chapter 12 Economics of new renewables: is there viable energy at the end of the renewables tunnel?
Chapter 13 Electricity trading
Chapter 14 Evolvement of the electricity sector – utility for the future
Chapter 15 Investment projects analysis: evaluation of risk and uncertainty
Chapter 16 Risk management – in electricity markets

Appendix A: Levelised cost of electricity generation
Appendix B: Social discount rate for climate change evaluation
Appendix C: Calculating the economic benefit of renewables
Appendix D: Glossary