Investing in the Renewable Power Market: How to Profit from Energy Transformation

220 Pages·2012·2.74 MB·English

by  Tom Fogarty, Robert Lamb

Contents
Cover
Series Page
Title Page
Copyright
Dedication
Acknowledgments
Introduction
Chapter 1: An Overview of Renewable Power
It's All About Natural Gas
Control of CO2 Emissions Is Not Currently Possible
Reality of Demand-Side Management
Summary
Chapter 2: An Overview of Renewable Power
Regulated Utilities
Evaluating a Power Plant
Financing a Power Plant
Hedge Providers
Opportunities with Distressed Renewables
Summary
Chapter 3: The Challenges of Renewable Power
Projects
Tax Issues
Special Exemptions
Summary
Chapter 4: Risk Assessment for Power Projects
Project Risk Assessment and Risk Mitigations
Precompletion Risks/Mitigants
Postcompletion Risks/Mitigants
Summary
Chapter 5: Exploiting Profitability of Distressed and
Abandoned Municipal Power Plants
Waste-Fuel Projects Have Key Financial Advantages for
Investors
Duties of Professionals in a Municipal Power Plant
The Professional Feasibility Study Engineer
Disclosures of Risks in the Bond Offering Materials
Calculation of Debt Service Coverage
Investment Opportunities at Troubled Municipal Power Plants
Summary
Chapter 6: Energy Storage
Cheap Energy Storage—The Most Vital Game Changer in the
World
Opening the Market for Historic Energy Storage Financing
Categories of Energy Storage Technologies
U.S. Regional Multi-Energy Storage Collaborations
Flywheel Technology Energy Storage Has the Lowest Cycle-
Life-Cost
Summary
Chapter 7: Shale Natural Gas and Its Effect on
Renewable Power
Fracking
New Attitudes in Natural Gas
Cost of Production
Summary
Chapter 8: Solar PV and Solar Thermal Power Plants
The Economics of Solar Power
Financing Techniques
The Technology
Summary
Chapter 9: Wind Power Plants
Projects Overview
Wind Project Economics
Wind Project Power Contracting
Wind Energy Prediction
Summary
Chapter 10: Electric Power Transmission
Overview
Grid Input, Losses, and Exit
High-Voltage Direct Current
Controlling the Components of the Transmission System
Electricity Market Reform: Costs and Merchant Transmission
Arrangements
Additional Concerns
Summary
Chapter 11: Natural Gas Power Plants
Gas Turbine Engines
Benefits of Gas Turbine Engines
Gas Turbines and CO2
Gas Turbine Operations
Summary
Chapter 12: Coal-Fired Power Plants
Coal's High Output Capacity
Life of a Coal Plant
Extending Coal Plant Operations
Coal Technologies
Summary
Chapter 13: Biomass Energy and Biomass Power Plants
Wood Waste
Economics of Biomass
Summary
Chapter 14: Nuclear Power Energy Plants
Global Impact of Japan's Three Nuclear Plant Meltdowns
Comparative Costs of Energy
Key to the EIA Cost Estimates
Nuclear Power Plants’ 50 Years of Electricity Globally
Required Up-Front Payment for Nuclear Waste Disposal
before a New Plant's Approval
Asia Will Lead the Next Shift to Nuclear Power Plant
Development
China's New Nuclear Reprocessing Is a Vast Expansion of
Atomic Fuel
Summary: Nuclear Power Faces a Capital Cost and Ongoing
Local Approval Challenge
Chapter 15: Hydropower Plants
A Unique Renewable Technology
Hydropower and RECs
Hydropower Economics
Summary
Chapter 16: Geothermal Power Plants
Steam Technology
Geothermal Project Costs
Hydrothermal Power Systems
Ground-Source Heat Pumps
Standing Column Wells
Enhanced Geothermal Systems
Direct Use of Geothermal Energy
Summary
Chapter 17: Energy Efficiency and Smart Grid
Demand-Side Management
Advanced Meter Infrastructure
Increasing Energy Needs
Summary
Conclusion
Where Do We Stand Today in Terms of Renewable Energy?
Appendix A
Appendix B: DTC's Coal vs. Natgas Displacement
Model Methodology, January 6, 2009
DTC's Coal/Natgas Displacement Model Methodology
How Much Natgas Is Needed to Displace Coal?
About the Authors
Index
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Copyright©2012 by Tom Fogarty and Robert Lamb. All rights reserved.
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Library of Congress Cataloging-in-Publication Data: Fogarty, Tom, 1963—
Investing in the renewable power market : how to profit from energy
transformation /