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When performing the optimization of hydroelectric power plants (HPP), it is necessary to consider all the technological and environmental constraints. Usually, restrictions are taken into account as a permanent set of parameters. We describe an optimization problem solution in the Multi-Objective Stochastic form, which presents the results as a Pareto set that can be used for making more reasonable...
Demand Side Flexibility (DSF) paved its way recently in the electricity market holding a promising future in Smart Grids. DSF has the potential to improve the overall efficiency of the energy system while maintaining high reliability standards. With the help of the existing market players, DSF could be efficiently managed to offer alternative and feasible solutions to the current grid operational...
The Central American regional power system (SER) connects the member countries of the regional electricity market (MER): Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica, and Panama. The SER was a result of a long-term regional effort, and was initially conceived to transfer 300 MW between countries. However, the current transfer limits between countries range from 70 MW to 300 MW. Regional...
Effective planning is critical to electricity industries due to its role in investment decision-making regarding generation, network and demand-side resources in complex and changing circumstances. This paper expresses the institutional arrangements in Australia's National Electricity Market (NEM) in terms of a planning model. Planning was until relatively recently performed centrally. This paper...
The Icelandic electrical energy resources are primarily based on hydroelectric and geothermal electricity generation. At present wind energy generation is negligible but has a certain potential for the future, in particular considering the synergy of wind generation and hydro reservoirs. Iceland has large resources compared to the size of it's island economy and with only about 350 thousand inhabitants...
The VIMSEN project, part of the European R&D 7th Framework Programme, started in February 2014. The VIMSEN project aims to develop, implement and demonstrate a new energy management operation and business model using the concept of virtual micrigrids, able to increase the market participation of prosumers at neighbourhood level. The new control system (VIrtual Microgrids for Smart Energy Networks...
This paper presents an enhanced simulation platform composed by the integration of two distinct multi-agent based simulators. The two simulators are: (i) the Multi-Agent Simulator of Competitive Electricity Markets (MASCEM), which provides a simulation platform for electricity markets participation, considering scenarios based on real data from several distinct market operators; and (ii) the Multi-Agent...
This paper discusses an economically profitable way to deploy a residential microgrid incorporating a new market entity “residential aggregator” between the prosumers1 and the Utility. In this residential microgrid, the residential aggregators will have better negotiating capabilities (e.g. in the DR programs) in the electricity market and therefore will be able to bring economic advantages to all...
Modern electricity markets in dire need of real-time balancing services began cross-border services. This is associated with rapidly grown trade in electricity on the day-ahead market and trade intraday auction bids for sale of electricity. Mongolian electricity market need to work synchronously with Russia and China, and in this situation requires new approach for balancing services. This paper describes...
The petroleum and chemical industries use nearly 26% (≈ 1/4th) of all electricity consumed by industry and nearly 7% of all electrical energy consumed in the US. A segment of the overall energy industry using such a large percentage of the electricity can hardly help but be affected by the future trends in the usage and generation of electricity. Developments in renewable energy systems augmented...
Power system organization has gone through huge changes in the recent years. Significant increase in distributed generation (DG) and operation in the scope of liberalized markets are two relevant driving forces for these changes. More recently, the smart grid (SG) concept gained increased importance, and is being seen as a paradigm able to support power system requirements for the future. This paper...
The purpose of this paper is to analyze various approaches to incorporate short-term stored energy resources into the Midwest ISO co-optimized energy and ancillary service market. Based on the analysis, the best approach is to utilize short-term stored energy resources for regulating reserve with the real-time energy dispatch to be set in such a way that the maximum regulating reserve can be cleared...
Management of a nation's natural resources for its economic growth can be complex and challenging, especially in developing countries. Inconsistent or uncoordinated policies may hinder the infrastructural development, resulting an unsatisfied economic outcome. The analysis in this paper is confined to the effect of domestic natural gas pricing on electricity tariff for the economic development of...
It is of great importance to the organisational strategy of the energy utility as well as to the society at large the activities involving the utility and the energy consumer's communication activities. However, we discovered that such communication activities in the poor third world countries with poor infrastructures are wholly undeveloped. This article will propose a framework to define the strategy...
Departing from the main query of how to re-design the existing RES-E incentive model in view of a tighter integration with the Iberian Electricity Market, a restructured proposal of the current feed-in tariff remuneration model is presented. The paper begins with the existing energy policy context in Portugal, in section II. A summary of the most recent changes in the Portuguese electricity systems...
For efficient planning of energy supply a Smart Grid is needed. One feature of the Smart Grid includes recording the electricity consumption of individual households. The recordings are conducting using Smart Meters. To demonstrate the usefulness of Smart Meters for the final customers, the paper identifies several benefits by presenting the research area nonintrusive appliance load monitoring (NALM)...
Stable ecosystems embody a careful balance between resources, uses and users: this balance is the key to sustainability. Stable ecosystems likewise represent the final ideal status of the integration of plug-in road transport to the UK electricity system. This paper considers the various types of road transport and the electricity supply system to be members of a non-biological ecosystem. Using ecological...
Distributed energy resource management involves matching the production of and demand for power in electrical grids. This leads to the question, where should responsibility for resource use be placed? A number of potential management schemes exist in current work on complex large-scale distributed computer systems. This paper works towards a comparison of their relative performance. A test scenario...
Since its independence in 1957, Malaysia has gone a long way in developing its economy and infrastructures. As one of the fast growing developing nations, its world renowned infrastructures include the Petronas Twin Tower, SMART tunnel and Bakun hydro dam. A key component that enables this growth is its secure, affordable and reliable electricity sector. Eventhough the initial electricity facilities...
Energy saving technologies based on the use of electricity are in many cases an alternative to thermal energy from fuels. They are lighting, electrical drives, heat pumps, microwave, induction heating, mechanical recompression of vapor, distributed control system in industry and buildings, energy storage, renewable energy sources, electric and hybrid vehicles, smart grid applications. A wider use...
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