Works by Leonard Hyman
Financing the Future of Electricity
This volume collects essays published in Public Utilities Fortnightly and OilPrice.com that begin in the days when the energy sector was a dull place, featuring slow growth and flat prices. Since then, the price of oil quadrupled, that of natural gas tripled and temperatures hit record highs. Big changes and more to come.
The first part of the book discusses how decarbonization and just plain growth will require new financial policies, why capital spending will have to grow much faster than anticipated, why the grid is no longer up to the job, and why not to make big bets on nuclear power. The second part of the book examines, in more detail, why the electricity market is at a turning point, why nuclear power will not make a big difference, short term, why technological change makes distributed resources a threat to the existing electric industry, and most important, why electricity providers will have increasing difficulty balancing environmental, financial and energy equity needs.
The authors view all issues from a financial perspective: in other words, no execution of any policy if it does not make financial sense. That is what make the book different.
America's Electric Utilities: Past, Present, and Future (9th ed.)
The electric industry's most referenced title for more than thirty years!
In this latest edition, renowned author and industry analyst, Leonard Hyman, explains how for eighty years, the electricity business advanced, propelled by technology and aided by politics. Costs dropped and prices fell, making customers happier and stockholders wealthier. Then, in the 1960s, costs began to rise and growth slackened. In the 1990s, policy makers restructured the industry, opening it up to competition and new technologies.
Covering the basics and providing valuable insights into the future of the electric market. Get a clear and concise review of industry fundamentals including:
- accounting
- engineering
- economics
- finance
- law
- operations
- and risk management.
Statistics on:
- Rate of Return
- Operations and Sales
- Ownership Trends
- Market Restructuring and much more!
Details and Features:
AUTHOR: LEONARD HYMAN & WILLIAM TILLES
ISBN: 979-8-218-00478-1
7 x 10 inches
Hard cover
490 pages
9th ed. (c) 2022
Electricity Acts: A cautionary tale and case study of how British electricians pioneered the technology, the government regularly interfered, privatization produced big profits and electricity consumers usually ended up as losers
The British electricity revolution of the 1990s created millions of winners and losers— consumers, coal miners, nuclear operators, investors, executives and politicians—and the same process is ongoing in the United States. To learn how, why and what happened, and to end up on the winning side, read Electricity Acts.