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Russian electric power industry has been moving towards deregulation of electricity generation and sale since 2003. Eight years of the Russian electric power industry restructuring and some years of electricity market functioning provide some statistical information. Price trends are among the most important to estimate what restructuring decisions are a success and what regulation needs further development.
The operational efficiency of electric power industry must be evaluated under the reform oriented to market. Considering the characteristics of electricity market, the limitations of traditional efficiency evaluation approaches were pointed out. A new concept of coordinated territory that constituted by some key indices which reflect the conditions of the market was put forward. The way of how to...
The whole electric power system includes four aspects: generation, transmission, distribution and electricity users. Those four aspects all need maintenance to enhance system reliability and energy efficiency. Under deregulated electricity market, generating unit maintenance scheduling arrangements are very different with the traditional electric power system. In the tradition electric power industry,...
In China, the work of large consumers direct-purchasing undertakes the tasks of optimizing the allocation of electricity resources, speeding up industrial restructuring, enhancing the regional overall economic competitiveness and promoting harmonious and sustainable development of China's economy, environment and electric power industry. Considering the actual status that the total amount opened for...
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...
The electric power industry in the U. S. will undergo radical change unlike any it has seen in its history as the renewable portfolio standards [RPS] of over 26 States are implemented during the next decade. The application queues of the largest RTO's in the U.S. are dominated by dispersed, intermittent renewable power generators such as wind and photovoltaics [PV]. Now that over half the States in...
The electric power industry is regarded as the basic industry of national economy, which makes it unable to get rid of the governmentpsilas regulation, as well as its own technology and economic characteristic. After reforming of regulation, government pays a good deal of attention to the performance-base regulation which has been used in telecommunication successfully and can solve the low efficiency...
During summer (2000), wholesale electricity prices in California were approximately 500% higher than those during the same months in 1998-1999. The price hike was unexpected by many policy makers and individuals who were involved in the power industry. They have been wondering whether electricity deregulation produces benefits of competition promised to consumers. Unfortunately, no scientific research...
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