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Optimal Structure of the Nigerian Energy Supply Mix
No full textNigeria, a member of the Organization of Petroleum Exporting Countries (OPEC), is blessed with relatively abundant energy resources like petroleum, gas, coal, solar, hydropower, etc. With an estimated population of 80 million, the country also has abundant human resources. In spite of her varied human and energy resources, the performance of the Nigerian economy has been closely linked with one resource, petroleum, a situation characteristic of most OPEC member countries.
Using Distributed Resources to Manage Risks Caused by Demand Uncertainty
No full textThis paper presents a method to calculate the cost of satisfying transmission and distribution (T&D) system capacity needs as a function of investment modularity and lead-time. It accounts for the dynamic nature of demand uncertainty, the decision-maker's risk attitude, and the correlation between costs and firm profits. Results indicate that the modularity and short lead-times associated with the distributed resources can increase their attractiveness in comparison to long lead-time, large-scale T&D investments. Results also suggest that distributed resources can operate as a type of "load growth insurance" if demand growth is positively correlated with profits (so that costs are incurred when profits are high) and if the distributed resource costs are part of a larger portfolio that cannot be diversified.
Energy Prices and Turning Points: The Relationship between Income and Energy Use/Carbon Emissions
No full textIndustrial Retardation in the Netherlands, 1830–1850. By Richard T. Griffiths. The Hague: Martinus Nijhoff, 1979. Pp. xviii, 235. $34.00.
No full textEconomic Decline in Britain: The Shipbuilding Industry, 1890–1970. By Edward H. Lorenz. Oxford: Clarendon Press, 1992. Pp. ix, 166. $46.00.
No full textWhy Nations Fail: Managerial Decisions and Performance in Indian Cotton Textiles, 1890–1938
No full textTrade, Tariffs and Empire: Lancashire and British Policy in India 1919–1939. By Basudev Chatterji. Delhi: Oxford University Press, 1992. Pp. xiv, 521. $45.00.
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