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New developments in the discussions of climate change and conservation of energy are prompting utilities to undergo the largest changes in their history, transforming them from regulated commodity energy firms to low-carbon network operators. The combination of industry structure, regulation, and business mission that utilities adopted over a century ago must be retooled for an era with different priorities, a different mission for utilities, and very different utility technologies. "Smart Power" examines the many facets of this transformation in thorough but non-technical terms. From the options for long-term power generation, to the policy choices and regulatory reform needed to accomplish the nation's goals, to new strategies for the development of an efficiency-focused business model, Peter Fox-Penner provides clear and lively guidance through a thoroughly transformed landscape of power generation.
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About the Author

Peter Fox-Penner, Ph.D., is a consulting executive and an internationally recognized authority on energy and electric power industry issues. He is a Professor of Practice in the Questrom School of Management and the Director of Boston University s Institute for Sustainable Energy."

Reviews

"Few economist/engineers understand the electricity system as well as Peter Fox-Penner, and far fewer can explain it as lucidly. Whether or not you agree with every detail, his vision of the opportunities, risks, uncertainties, and tipping-points of this vast and crucial industry is powerful and provocative."--Amory B. Lovins "Chairman and Chief Scientist, Rocky Mountain Institute " ..".a thoughtful vision of the opportunities for the electric power industry to make use of new organizational and regulatory frameworks and new technologies so that it can successfully adapt to climate change, energy security and economic efficiency challenges ...."--Paul Joskow "President of the Alfred P. Sloan Foundation " "If you're serious about policies that place energy efficiency on a level playing field with new energy supplies, and energy policy generally, this book is essential reading."--Art Rosenfeld "former Commissioner of the California Energy Commission " ""Smart Power" is the most advanced look at how climate policies will change our energy utilities, from power sources to operations to business models."--Joe Romm "Editor of Climate Progress, Senior Fellow at the Center for American Progress " "An excellent treatment of the critical issues facing the electricity industry."--Thomas R. Kuhn "President of The Edison Electric Institute " ""Smart Power" paints a sharp picture of the historic challenges facing the utility industry, its regulators and the nation at large. Peter Fox-Penner's urgent call for a bottoms-up solution relying on local, state and regional cooperation and creativity presages the work now ongoing across the country. "Smart Power" is an essential read for policy makers looking for workable solutions for the next decade and beyond."--Charles Gray "Executive Director of the National Association of Regulatory Commissioners " "An absolutely terrific piece of work--remarkable scope and depth, while remaining accessible and pragmatic."--John Kwoka "Finnegan Professor of Economics, Northeastern University " "A valuable and insightful analysis of where the U.S. electric power industry is headed and what it must do to successfully transition to a low carbon environment. This book should be required reading for all industry regulators as they prepare to confront the challenges of this new paradigm."--Mark Crisson "Chief Executive Officer of the American Public Power Association " " a thoughtful vision of the opportunities for the electric power industry to make use of new organizational and regulatory frameworks and new technologies so that it can successfully adapt to climate change, energy security and economic efficiency challenges ...."--Paul Joskow "President of the Alfred P. Sloan Foundation "" "An absolutely terrific piece of work remarkable scope and depth, while remaining accessible and pragmatic."--John Kwoka "Finnegan Professor of Economics, Northeastern University "" ."..a thoughtful vision of the opportunities for the electric power industry to make use of new organizational and regulatory frameworks and new technologies so that it can successfully adapt to climate change, energy security and economic efficiency challenges ...."--Paul Joskow "President of the Alfred P. Sloan Foundation " "An absolutely terrific piece of work - remarkable scope and depth, while remaining accessible and pragmatic."--John Kwoka "Finnegan Professor of Economics, Northeastern University " "If you''re serious about policies that place energy efficiency on a level playing field with new energy supplies, and energy policy generally, this book is essential reading."--Art Rosenfeld "Former Commissioner of the California Energy Commission "

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