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Deregulation is, restructuring the rules and economic incentives that the government setup to control and drive the Electric Supply Industry (ESI). It is also called as open power market, competitive power market, vertically unbundled market etc. With the introduction of deregulation, the electric power industry needs changes in various power system operation, control and planning activities. In this...
With the recent trend towards deregulating power systems around the world, transfer capability computation emerges as the key issue to a smoothly running power market with multiple transactions. A key concept in the restructuring of the electric power industry is the ability to accurately and rapidly quantify the capabilities of the transmission system. Total Transfer Capability (TTC) is defined as...
Electrical transmission infrastructures operate usually well over many decades of years before degradation processes appear. Nowadays the competitive market environment drives the electric power industry to minimize the effects of this potential function loss of high voltage systems effectively by well focused asset management. The prevailing technical status of individual assets turns out to be an...
Electric power industry is the key industry of national economy. Correct evaluation of the value of lost load (VOLL) can provide scientific basis for power system planning, economic operation of power market, DSM and policy decisions of power industry and so on. The idea of the paper is the GDP or value added of sectors per power consumption is not scientific as the national or sectoral VOLL. It should...
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