Part I    Economy of energy and of electric energy

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1    Energy systems economy and climate change  p. 3

1.1   Fundamentals, historical rewiew  3
1.2   Disponibility  of primary energy 7
1.3   Energy demand, fundamentals  19
1.4   Energy demand in Europe  29 
1.5   Energy demand world-wide  32
1.6   Evolution of world energy demand in the future 42
1.7   CO2 emissions and climate protection  45

2   Economic calculations  p. 53

2.1   Investment cost and life-cycle cost analysis  54
2.2   Electric energy costs  58

3   Economy of electric power systems, liberalisation  p. 63

3.1   Consumption of electric energy  63
3.2   Satisfaction of electric energy demand  67
3.3   Hydraulic power plants  72
3.4   Thermal power plants  74
3.5   Competition in electricity market  78
3.6   Setting of electricity tariffs 86
3.6   Operation of liberalized electricity markets  104
3.7   Risk management in energy economy 157