Electricity Demand Growth examines the escalating global need for electricity and explores sustainable solutions, bridging electrical engineering and economics. The book highlights the shift from localized, fossil-fuel-dependent systems to interconnected grids integrating diverse energy sources. Readers gain insights into technological innovations in electricity generation, transmission, and distribution, alongside the economic and policy frameworks crucial for incentivizing sustainable consumption and renewable energy investments. The book uniquely integrates technical and economic dimensions, providing a nuanced understanding of challenges and opportunities.
Beginning with demand drivers and historical trends, it analyzes generation technologies like fossil fuels, nuclear, and renewables, evaluating their technical capabilities, costs, and environmental impacts. Subsequent chapters cover grid modernization, smart grids, and energy storage.
The book culminates in future scenarios and policy recommendations for a sustainable electricity future, drawing from empirical data and international reports. This book's holistic approach is valuable for electrical engineers, economists, policymakers, energy professionals, and students. It offers insights into balancing technological advancements with sound economic policies and environmental stewardship for a reliable and sustainable electricity supply, addressing debates around energy sources like nuclear power and renewable intermittency.