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The state organisation responsible for coordinating the hydropower el- tricity system in Norway ("Samkjoringen") contacted me in 1990 about the advanced plan for deregulating the electricity system, separating gene- tion, transmission, and distribution and introducing a wholesale market for electricity. It was felt that insights about the fundamental nature of running an electricity system based on hydropower was somewhat lacking within the team of academic economists engaged to write background reports by the Oil and Energy ministry responsible for driving the reform of the el- tricity...

This is a thorough revision of the 2007 publication, and includes five new chapters and brings all existing chapters completely up to date. There have been many advances in hydropower and renewable technologies since the original publication, and Europe, and particularly Scandinavia, plan many more in the coming years.

From a review of the original edition: ..". it is important to note that the author deals well with his selected topics. ... I recommend this book to all readers who wish to learn more about the economics of hydroelectric power." (Amitrajeet A. Batabyal, Interfaces,...

This is a thorough revision of the 2007 publication, and includes five new chapters and brings all existing chapters completely up to date. There have been many advances in hydropower and renewable technologies since the original publication, and Europe, and particularly Scandinavia, plan many more in the coming years.

From a review of the original edition: ..". it is important to note that the author deals well with his selected topics. ... I recommend this book to all readers who wish to learn more about the economics of hydroelectric power." (Amitrajeet A. Batabyal, Interfaces,...

Economic theory and empirical models suggest that economic instruments should help us to meet environmental goals at lower cost. Practical experience, however, shows that the cost savings of emission trading are smaller than expected and charges usually have had small incentive impacts.
This book gives the first comprehensive review of economic theory, simulation models, and practical experience with the use of economic instruments. The book focuses on air pollution control. Part I examines theoretical aspects and simulation modeling in a national context. Part II surveys the practical...

First published in 1988, this book examines pollution and natural resources in relation to economic analysis. The section on pollution looks at areas such as the main problems in the field at the time, possible remedies and the environmental costs involved. In regards to natural resources, the book considers both the exploitation of non-renewable resources and commercial fishing. The non-technical introduction to the main problems set out in each chapter will appeal to the general reader whilst the formal models and more technical parts make the material equally suitable for more advanced...

Economic theory and empirical models suggest that economic instruments should help us to meet environmental goals at lower cost. Practical experience, however, shows that the cost savings of emission trading are smaller than expected and charges usually have had small incentive impacts.