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The deregulation process in the EU electricity sector triggered strategic decisions that led to industry restructuring. This paper presents preliminary evidence of the impact of this process on investors, using event studies and estimation techniques such as least squares and GARCH. Our findings suggest three stylized facts: 1) regulatory reform in Europe was certainly accompanied by a takeover wave,...
The e-harbours project aims at transforming the energy provision in North Sea Region harbour cities to a more sustainable and accessible energy model. This will be realized by determining new standards with a focus on 3 key aspects: Virtual Power Plants, electric mobility and renewable energy. Via the exchange of technical expertise and energy market knowledge, different barriers for this transformation...
This paper presents a case study about the optimal allocation of renewable-based DG resources in rural areas using genetic algorithms. After building the power flow model based on the available data, the system performance in terms of power losses are studied for different scenarios. Based on loss minimization as an objective function, the optimal location and size of DG is found. In addition, the...
A method to determine the tier tap of basic electricity consumption based on the demand response is proposed in this paper. Firstly, the joint electricity pricing of Time-of-Use (TOU) & Tiered is introduced. A computable demand response model is developed to analyze the demand and expenditure variation caused by the joint pricing with the utilization of the different price elasticity of the basic...
Electricity tariffs that levy charges for electricity usage on the basis of only active power demand (in kW) and/or active energy (in kWh) do not offer customers incentive to control their reactive power demand (in kVAr) and/or reactive energy consumption (in kVArh). The consequence is that poor power factor, for the entire system, may result, leading to the degradation of the power system, The introduction...
Typical user demands of electricity vary throughout the day, which increases the cost to utility companies and decreases the stability of the power system. Time-of-use (TOU) pricing has been proposed as a demand-side management (DSM) method to influence user demands. In this paper, we describe a new approach of optimal TOU pricing strategy based on game theory (GT-TOU). We propose models for costs...
Abstract: The reform of the power market promoted the development of the power industry, meanwhile, also brought about the inherent uncertainty. Face the uncertainty of the market, transmission provider need relevant risk management in invest and trade. Based on learning the experience of the risk management in Finance &Insurance industry, this paper introduces the concept and meaning of the risk...
This Restructuring and deregulation of the electricity industry is a movement with the aim of achieving lower prices to customers through cost savings. The deregulation of electric power systems in many parts of the world has changed the mechanism of electricity pricing. India is in the processing on restructuring in power sector. Power planning will play an important role in the successful power...
Based on the proposed electric payment-channel's operation and the requirement of present power company's need, this paper further analysis the true payment data which come from a certain area and according to the optimal method it puts forward a best optimized payment scheme. This study aims at reasonablely planning and scientifically managing the existing electric payment-channels, which can deals...
The enhanced real-time metering and communication capabilities from smart meters and their associated advanced metering infrastructure make it possible for utility company to extend demand response (DR) to small customers through time-dependent pricing (TDP). Considering the economic reason and infrastructure cost, the utility company has to design an incentive scheme to attract the traditional flat...
The telecommunications industry has the greatest coverage among all utilities. Remote areas of the country that have no roads, grid-electricity, land line telephones or gas, still receive network coverage from one or more telecom companies. However, the Base Transceiver Systems (BTS) that these companies used in off-grid areas are dependent on on-site diesel generators, and the frequent maintenance...
An analysis is presented to show the technical and economic benefit of DC microgrid in comparison to the usual AC microgrid considering the socio economic condition of rural Bangladesh. Results show that the cost of energy can be significantly lower in the case of a DC grid.
World Bank-financed photovoltaic (PV) electrification projects principally aim to improved electricity access for populations in remote areas that are unlikely to be reached by grid extension within a reasonable time frame. The business models adopted for commercial PV dissemination are classified as a dealer model and a fee-for-service model. Drawing on experiences in implementing these projects,...
In the world where consumption of electricity is forecasted to nearly double over the next 25 years, all aspects of electric energy generation, transmission and distribution will become more challenging. Renewables will certainly constitute part of the planned generation additions of over 5 TW of new electricity generating capacity (including replacement capacity) at a cost of over $5 trillion. The...
This paper discusses potential extreme scenarios which could result in unstable conditions on the main interconnected electricity transmission system of Oman. Case studies on loss-of-stability scenarios between different parts of the network are examined. The objectives of the study are to identify possible locations of the electrical centre of swing and to develop an approach for controllable system...
The power industry in Iran annual production exceeding 10. million tons of carbon dioxide has carbon emissions about per cent share. In other hands, for production of each power per kilowatt hour of electricity production is released more than 70. grams of carbon dioxide. Integrated program designed to reduce the carbon intensity of the electricity industry and the development of renewable Energy...
Demand response is one the raised issues in reconstruction systems. This means change in electricity subscribers' supply in comparison with normal pattern of electricity consumption. Demand response is a tool for Independent System Operator (ISO) to maintain reliability of system. It means, the redemption of energy sold to subscribers reduces the loading level of the system. This article has a comprehensive...
Environmental concerns in power generation and distribution systems have led to policies that incentivize investment in low-carbon or renewable technologies. Microgrid (MG), as a subsystem with generation and associated loads, participates in the environmental policies administered by the utility companies. In this paper, we build an economic model that can provide investment and operation guidance...
This paper provides an overview of demand response resource participation in PJM wholesale ancillary service markets which include: Day Ahead Scheduling Reserves, Synchronized Reserves and Regulation.
Initial analysis of voltage quality information collected from smart meters at premise level is presented. The information reveals instances of over and under voltage at some consumer premises. This revelation means supply authorities now have an obligation to rectify their supply voltages in accordance with codes and regulations. The analysis provides the foundation for future research work to identify...
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