Smart Power: Climate Change, the Smart Grid, and the Future of Electric Utilities Review

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Smart Power: Climate Change, the Smart Grid, and the Future of Electric Utilities Review(For a complete review, see bit.ly/cIG16J)
I have heard bits and pieces of information about how power was generated and transported, with problems like deregulation, in the past. I always wanted to read a book that provides a comprehensive view of the present and the future power industry with their new challenges. I think I finally have found it. Fox-Penner's book is so well organized that those who are not familiar with the power industry can understand where it was, where it is now, and where it is going. This naturally leads to the discussion of smart grid and how it relates to the new challenges in the power industry. The author's description and opinions are very convincing, and his view serves as a good guide to the future of the power industry, not only in the U.S. but also in the world.
The U.S. power industry is very complex. The main players are federal, state, and local regulatory agencies; investors; utilities of several kinds; transmission and distribution companies; retailers; and, of course, consumers. Those players' interests are intertwined in a complex fashion. Their relationships are sometimes positive and sometimes negative. The complexity comes from several problems of significant magnitude. The author discusses those problems and presents a lot of information and statistics, to my satisfaction. Then on the basis of the vast amount of data and information he collected and analyzed, the author predicts two types of future utilities, namely, SI and ESU. I particularly liked the way he explained smart grid in the context of smart power.Smart Power: Climate Change, the Smart Grid, and the Future of Electric Utilities Overview

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