Description

by Carol A. Dahl

Industry leader, Carol Dahl has thoroughly revised and updated her classic text International Energy Markets: Understanding Pricing, Policies, and Profits. The second edition uses updated examples, statistics and models to explore energy policy, economics, institutions, and production in a global context.  It provides a foundation for understanding the global energy industry and is an important classroom resource. With this book you will:

• Learn the fundamentals needed to make sound economic, business, and government policy decisions relating to energy industries
• Gain a better understanding of energy markets through economics, mathematical optimization, simulation, and forecasting
• Obtain historical, institutional, engineering and technical knowledge of energy production, transportation, and transformation
• Explore models for understanding and managing energy resources in a global environment
• Understand the basics of energy generation

Additional materials can be found at http://dahl.mines.edu

Table of Contents:
1. Introduction to Our Journey
 2. Energy Lessons from the Past and Modeling the Future
 3. Perfect Competition and the Coal Industry
 4. Energy Price Controls, Taxes, Subsidies, and Social Welfare
 5. Natural Monopoly and Electricity Markets
 6. Restructuring in the Electricity Sector
 7. Monopoly, Dominant Firm, and OPEC
 8. Market Structure, Transaction Cost Economics, and US Natural Gas Markets
 9. Monopsony: Japan and the Asia-Pacific LNG Market 
 10. Game Theory and the European Natural Gas Market
 11. Externalities and Energy Pollution
 12. Public Goods and Global Climate Change
 13. Safety and Security
 14. Allocating Fossil Fuel Production over Time and Oil Leasing
 15. Supply and Costs Curves
 16. Energy Balances and Energy Demand
 17. Linear Programming, Refining, and Energy Transportation
 18. Energy Futures Markets for Managing Risk
 19. Energy Options for Managing Risk
 20. Climbing the Energy/Development Ladder to Sustainability
 21. Sustainable Wealth in Fossil Fuel–Rich Developing Countries
 22. Managing in the Multicultural World of Energy
Appendix A: Energy Conversions
Appendix B: Bibliography
Index

712 Pages/Hardcover/6x9/July 2015
ISBN10 1-59370-291-4