Innovation. No other concept is so widely celebrated, yet so secretly dreaded. The reason: innovation requires managing through uncertainty. This is hard for any organization whether private or public, small or large. This book provides a roadmap for those who want to understand and manage...

Frontmatter -- Preface -- Acknowledgments -- Contents -- About the Authors -- Part I: Money and Society -- Chapter 1. A Great Human Invention: The Role of Money in Society -- Chapter 2. Why Some People Have So Much Money and Others Have So Little -- Part II: Central Banks and Global Finance --...

Traditionally, capacity has been procured to meet system peak load with no formal regard for flexibility characteristics. However, this planning paradigm is shifting, with increasing variable energy resource penetration, to consider system flexibility requirements in addition to peak capacity....

We examine the challenges to China's transition to a low carbon electricity system, in which renewable energy would play a significant role. China's electricity system currently lacks the flexibility in planning, operations, and pricing to respond to conflicting pressures from demand growth,...