The Future Cost of Power Generation

Oct 13, 2014- Mumbai, India :Bharatbook.com announces a new report on " The Future Cost of Power Generation”. The power generation and supply industries are facing unparalleled changes as renewable generating technologies are promoted to reduce atmospheric carbon emissions.

Bharat Book Bureau presents the new report, on "The Future Cost of Power Generation”, Grid operation is beginning to change to accommodate these new resources and the structure of grid systems is beginning to fragment as distributed generation grows.

Chapter 1 Electricity and fuel cost trends: the signature of the past and signs for the future

The power generation and supply industries are facing unparalleled changes as renewable generating technologies are promoted to reduce atmospheric carbon emissions, challenging the dominance of fossil fuel based technologies in the process. Grid operation is beginning to change to accommodate these new resources and the structure of grid systems is beginning to fragment as distributed generation grows. Meanwhile a revolution in oil and gas production in the USA is having ramifications for gas and coal costs that has already spread to other regions. Even so, fossil fuel generation, primarily based on coal, still dominates global generation. However this is much more pronounced in the developing world than in the developed where renewable generation is growing faster than other types. The Asia-Pacific region now has the largest global electricity production, followed by Europe and then North America. Global fuel prices have been rising everywhere during the past decade although shale oil and gas has led to a fall in gas prices in the USA in the past two years. In most regions coal is the cheapest fuel if it is available. Electricity costs have followed or exceeded fuel prices in their rises and domestic consumers have been penalized more than other groups in recent years, suggesting that this group is being unfairly treated in a market-driven electricity...