If they are to be attained, the objectives set in the Kyoto Protocol will impose fundamental changes on the structure of North America's economy. This text highlights the extent of the Kyoto challenge by clearly describing the historical inertia in terms of total market shares for different...

We analyze the production of electricity from n power stations situated along a river in a dynamic model. Each power station's production of electricity is constrained by the quantity of water available to it (capacity constraint) as well as limitations of reservoir capacity (storage...

World wide the electricity industry is undergoing a substantial process of restructuring, with an emphasis on the introduction of competition in the generation sector. Competition is ostensibly going to lead to better incentives, both in the use of existing resources and in future investment...