Delivering a Low Carbon Electricity System Technologies, Economics and Policy
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Michael Grubb is Chief Economist at the UK Carbon Trust and Senior Research Associate in the Faculty of Economics and at the Electricity Policy Research Group (EPRG), University of Cambridge. He is also Visiting Professor of Climate Change and Energy Policy at Imperial College London. Tooraj Jamasb is Senior Research Associate in the Faculty of Economics and Electricity Policy Research Group (EPRG) at the University of Cambridge. Michael G. Pollitt is Reader in Business Economics at the Judge Business School and Assistant Director of the Electricity Policy Research Group, University of Cambridge. He is also Fellow and Director of Studies in Economics and Management at Sidney Sussex College, Cambridge.'Atmospheric greenhouse gas stabilization goals can only be achieved by significantly reducing carbon emissions associated with the generation and use of electricity. This book, written by a group of distinguished economists, provides a comprehensive analysis of the options for doing so in a cost-effective and timely manner. The book's analysis provides an excellent framework to guide UK policies aimed at achieving its carbon reduction goals and can serve as an excellent policy model for other developed countries as well.' Paul L. Joskow, MIT Center for Energy and Environmental Policy Research
'As a path-breaking Climate Change Bill moves through the UK Parliament, it is clear that the electricity system in its widest sense - covering generation, infrastructure and consumers - has a critical role to play in meeting climate policy goals. The trick will be to do so while keeping down costs and ensuring secure supplies. The authors of this comprehensive text show how it can be done. An astute juggling of technology and economics, supported by informed analysis, is essential. This book should be on every energy policy makers reading list.' Jim Skea, UK Energy Research Centre