Publications

    Rosenberg, William, Dwight Alpern, and Michael Walker. “Financing IGCC - 3 Party Covenant.” In, 2004. Publisher's VersionAbstract
    This paper describes a 3 Party Covenant financing and regulatory program aimed at reducing financing costs and providing a risk-tolerant investment structure to stimulate initial deployment of five to ten Integrated Gasification Combined Cycle (IGCC) coal generation power plants during this decade. The 3 Party Covenant is an arrangement between the federal government, state Public Utility Commission (PUC), and equity investor that serves to lower IGCC cost of capital by reducing the cost of debt, raising the debt/equity ratio, and minimizing construction financing costs. The 3 Party Covenant would reduce the cost of capital component of energy costs from new IGCC facilities by 34 percent and the overall cost of energy about 20 percent, making the technology cost competitive with pulverized coal (PC) and natural gas combined cycle (NGCC) generation.
    Rosenberg, William. Financing IGCC - 3 Party Covenant, 2004. Publisher's VersionAbstract
    This paper describes a 3 Party Covenant financing and regulatory program aimed at reducing financing costs and providing a risk-tolerant investment structure to stimulate initial deployment of five to ten Integrated Gasification Combined Cycle (IGCC) coal generation power plants during this decade. The 3 Party Covenant is an arrangement between the federal government, state Public Utility Commission (PUC), and equity investor that serves to lower IGCC cost of capital by reducing the cost of debt, raising the debt/equity ratio, and minimizing construction financing costs. The 3 Party Covenant would reduce the cost of capital component of energy costs from new IGCC facilities by 34 percent and the overall cost of energy about 20 percent, making the technology cost competitive with pulverized coal (PC) and natural gas combined cycle (NGCC) generation.
    Casazza, Jack, and Frank Delea. “Understanding Electric Power Systems.” In, 2003. Publisher's VersionAbstract

    DESCRIPTION (from Wiley.com)

    The Enron scandal notwithstanding, it is important for professionals in the electric power industry and related positions gain a solid understanding of electric power systems and how they work. Written by two veteran power company managers and respected experts, this is a real-world view of electric power systems, how they operate, how the organizations are structured, and how electricity is regulated and priced. 

    A comprehensive overview of the electric power industry from the inside
    Covers electric power system components, electricity consumption, generation, transmission, distribution, electric utility operation, electric system control, power system reliability, government regulation, utility rate making, and financial considerations.

    Includes an extensive glossary of key terms used in the U.S. and also definitions for terms used worldwide.