Setting the topic within the context of dynamic natural resource models, thus requiring some knowledge of elementary optimal control theory on the part of the reader, the author provides and introduction to the economics of dams and hydroelectric power. After providing some background on dam operations and the hydrologic cycle, he presents an dynamic economic model that links the supply of water to power generation. Arizona's Glen Canyon dam and other facilities from the Southwest are used as...
Preface1Introduction12The uses of dams and hydroelectric power113An overview of natural resource economics204How they work385An economic model of hydroelectric power provision526An economic model of hydroelectric power provision with environmental constraints777Hydroelectric power provision by a United States Power Marketing Administration958Hydraulically-coupled dams: when one dam is not enough1369Hydraulically-coupled dams: a case study of the Aspinall Unit14610Summary and conclusions161Bibliography164Index171