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Exploring the Value of Electricity

P.E. Gellings

$90.99

Paperback

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English
River Publishers
31 May 2023
This book discusses the role electricity plays in sustaining and improving the quality of life. The author elucidates the numerous approaches to estimating value, including electricity’s contribution toward the U.S. Gross Domestic Product; its role in medicine, and its ability to power communications. Traditional measures such the cost of outages, the impact of storms, the cost of restoring power systems after storms, the Value of Lost Load (VOLL), consumer Willingness to Pay (WTP) to avoid outages, and consumer surveys are covered extensively. In addition, the book speculates on life without electricity and how society may have evolved without it.

By:  
Imprint:   River Publishers
Country of Publication:   Denmark
Dimensions:   Height: 229mm,  Width: 152mm, 
Weight:   480g
ISBN:   9788770229340
ISBN 10:   8770229341
Pages:   260
Publication Date:  
Audience:   College/higher education ,  General/trade ,  Primary ,  ELT Advanced
Format:   Paperback
Publisher's Status:   Active
Introduction—Electricity is Valuable!. What if There Were No Electricity?. Living Without Electricity. 2020 Without Electricity. Electricity’s Value to Society. Using the Economic Impacts of Blackouts to Estimate Value. Consumer Willingness to Pay. Other Methods to Estimate Value. Enhancing the Value of Electricity. Open Market Energy Consumer. Summary of the Value of Electricity. References. Appendix A. Index.

Clark W. Gellings

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