Cancelling a book casting action still costs 3000 energy
Cancelling an action normally costs no energy, and causes no game turns to pass. But cancelling a book cast causes 3000 energy to be spent and 1 turn to pass.
1. Read a book to successfully learn the spell (or, acquire a book of a spell which you already know).
2. Reduce your power points low enough that you will be unable to book cast the spell without dipping into Hit Points. (This is the only way I know that will allow you to cancel reading a book.)
3. Read the book again. You will be prompted "Do you want to [c]ast or continue to [l]earn the ... spell?"
4. Select Cast. You will be prompted "Do you want to exhaust yourself casting this spell? [y/N]"
5. Select No. "You abort your attempt."
6. The dynamic display now reads LE: 3000, and number of game turns passed M is now M+1.