Understanding Electric Power Systems: An Overview Of The Technology And The Marketplace

Description:

An inside look at the electric power industry

As today’s electric power systems grow ever more complex–and the risk of huge blackouts grows with it–it is important that policymakers and professionals in the industry, as well as students, gain a solid understanding of electric power systems and how they work. Written by two veteran power company managers and respected experts, Understanding Electric Power Systems offers a real-world view of these systems, how they operate, how they are structured, and how electricity is regulated and priced.

Understanding Electric Power Systems bridges the gaps between technology, government policy, economics and finance, business arrangements, and the Internet–helping the reader to understand the interrelationship of the many aspects of the provision of electric power supply. This comprehensive resource describes:

• The physical nature of the various networks that make up the power system and how they work
• The fuel and money networks that operate to finance and pay costs
• The business and contracting networks involved in their operation
• The legislative and regulatory networks which provide governmental control
• The IT network involved in their physical and commercial operation
• The various organizations that represent the many industry segments

For engineers, policymakers, and students alike, Understanding Electric Power Systems provides a high-level overview of how electric power is generated, transmitted, and controlled in the United States.