Economics of Hydroelectric Power (New Horizons in Environmental Economics) available in Hardcover
- Pub. Date:
- Elgar, Edward Publishing, Inc.
Setting the topic within the context of dynamic natural resource models, thus requiring some knowledge of elementary optimal control theory on the part of the reader, the author provides and introduction to the economics of dams and hydroelectric power. After providing some background on dam operations and the hydrologic cycle, he presents an dynamic economic model that links the supply of water to power generation. Arizona's Glen Canyon dam and other facilities from the Southwest are used as case studies for testing some of the predictions of presented models Annotation ©2004 Book News, Inc., Portland, OR