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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.
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...
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...
The deregulation of the electric power industry has evolved rapidly and market operators are facing new challenges to resolve issues with system operations and market operations. This paper intends to demonstrate the potential of using intelligent decision support tools to assist market operations. Business rule approach has been selected for system design and development. Domain knowledge of market...
The restructuring of the electric power industry has involved paradigm shifts in the real time control activities of the power grids. Managing dispatch is one of the important control activities in a power system. With the trend of an increasing number of bilateral contracts being signed for electricity market trades, the possibility of insufficient resources leading to network congestion may be unavoidable...
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