This fully revised and updated edition takes a broad introductory approach, covering market and environmental issues, financial analysis and evaluation and clean environmental technologies and costs. A valuable reference for engineers, economists and financial analysts needing an understanding of the area.

• Chapter 1: Global electrical power planning, investments and projects


• Chapter 2: Considerations in project evaluation


• Chapter 3: Time value of money (discounting)


• Chapter 4: Choice of the discount rate


• Chapter 5: Financial evaluation of projects


• Chapter 6: Considerations in project evaluation


• Chapter 7: Economic evaluation of projects


• Chapter 8: Environmental considerations and cost estimation in project evaluation


• Chapter 9: Electricity generation in a carbon-constrained world


• Chapter 10: Economics of reliability of the power supply


• Chapter 11: Electricity trading


• Chapter 12: Evolvement of the electricity sector - utility for the future


• Chapter 13: Project analysis: evaluation of risk and uncertainty


• Chapter 14: Risk management - in electricity markets


• Appendices

Hisham Khatib has 45 years of experience in energy and the electricity supply industry as an engineer and economist. In the 1980s, he was Director General and later Chairman of the Jordan Electricity Authority. For many years he was Minister of Energy as well as Minister of Planning in the Government of Jordan. He is presently Vice Chairman of Jordan Electricity Regulatory Commission and is a past Vice Chairman of the World Energy Council (WEC). He has authored around 100 engineering/economic articles and two books on the economics of the electricity supply industry. He is well known for his international activities on global energy, electrical power and their environmental impact, and is a Fellow of both the IET and the IEEE.