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Continuing trend towards deregulation and unbundling of transmission services has resulted in the need to measure the flow of power primarily for pricing and tariff purposes. Tracing methodology hence had been introduced to overcome problems related to the Marginal pricing of transmission costs. This study is twofold: the first revolves around the validation of the method and a 360° analysis of the...
Deregulation and liberalization of electric power industry, among other things, has created new requirements for the market participants. The power system engineer, operator, and, in general, the market participant is being faced with requirements for which he does not have adequate training and the proper software tools. In this framework, among others, a pure hydro-generation company has to operate...
Open, justice & equity, the primary schedule mode of electric power system in China, has stimulated the development of electric power industry. However, it can't meet the low carbon and low sulfur dioxide producing demand for sustainable economy development. Energy saving schedule and electricity market already turn into the option of electricity schedule mode reformation. This paper introduced...
The electric power industry in the last decades has evolved from a centralized operational approach to a deregulated one. Many participants and service providers have made up the new structure of the power market where the competition is increasing. As the new deregulating framework is imperfect, it is quite important for the Gencos to develop optimal bidding strategies which are vital to their benefits...
Deregulation of the electric power industry has introduced new uncertainties for market participants and made planning of transmission expansion more difficult. More flexible transmission expansion plans are needed, to cope with the increased risks. In this paper, a novel planning approach is proposed to meet the above challenge. In our approach, the planning process is modeled as a mixed integer...
Inventory control is an important aspect of production logistics management in power system. According to the characteristic of raw material purchase and stock, the paper puts forward an optimal inventory model to minimize the cost. A novel hybrid chaos immune evolutionary optimization algorithm (HCIEOA) of solving the minimal purchasing cost problem is presented. This algorithm integrates space-searching...
As the development of electric industry, more and more real-time data is sent to databases by data acquisition system and large amounts of data are accumulated. Abundant knowledge exists in those historical data. It is meaning to analyze those historical data in electric industry and find useful knowledge and rules from the mass of data to provide better decision support and better adjustment guidance...
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