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Sample records for decentralized electricity market

  1. Competition in decentralized electricity markets: Three papers on electricity auctions

    NASA Astrophysics Data System (ADS)

    Harbord, David William Cameron

    This thesis consists of three self-contained papers on the analysis of electricity auctions written over a period of twelve years. The first paper models price competition in a decentralized wholesale market for electricity as a first-price, sealed-bid, multi-unit auction. In both the pure and mixed-strategy equilibria of the model, above marginal cost pricing and inefficient despatch of generating units occur. An alternative regulatory pricing rule is considered and it is shown that offering to supply at marginal cost can be induced as a dominant strategy for all firms. The second paper analyses strategic interaction between long-term contracts and price competition in the British electricity wholesale market, and confirms that forward contracts will tend to put downward pressure on spot market prices. A 'strategic commitment' motive for selling forward contracts is also identified: a generator may commit itself to bidding lower prices into the spot market in order to ensure that it will be despatched with its full capacity. The third paper characterizes bidding behavior and market outcomes in uniform and discriminatory electricity auctions. Uniform auctions result in higher average prices than discriminatory auctions, but the ranking in terms of productive efficiency is ambiguous. The comparative effects of other market design features, such as the number of steps in suppliers' bid functions, the duration of bids and the elasticity of demand are analyzed. The paper also clarifies some methodological issues in the analysis of electricity auctions. In particular we show that analogies with continuous share auctions are misplaced so long as firms are restricted to a finite number of bids.

  2. Decentralized and Modular Electrical Architecture

    NASA Astrophysics Data System (ADS)

    Elisabelar, Christian; Lebaratoux, Laurence

    2014-08-01

    This paper presents the studies made on the definition and design of a decentralized and modular electrical architecture that can be used for power distribution, active thermal control (ATC), standard inputs-outputs electrical interfaces.Traditionally implemented inside central unit like OBC or RTU, these interfaces can be dispatched in the satellite by using MicroRTU.CNES propose a similar approach of MicroRTU. The system is based on a bus called BRIO (Bus Réparti des IO), which is composed, by a power bus and a RS485 digital bus. BRIO architecture is made with several miniature terminals called BTCU (BRIO Terminal Control Unit) distributed in the spacecraft.The challenge was to design and develop the BTCU with very little volume, low consumption and low cost. The standard BTCU models are developed and qualified with a configuration dedicated to ATC, while the first flight model will fly on MICROSCOPE for PYRO actuations and analogue acquisitions. The design of the BTCU is made in order to be easily adaptable for all type of electric interface needs.Extension of this concept is envisaged for power conditioning and distribution unit, and a Modular PCDU based on BRIO concept is proposed.

  3. Decentralized energy systems for clean electricity access

    NASA Astrophysics Data System (ADS)

    Alstone, Peter; Gershenson, Dimitry; Kammen, Daniel M.

    2015-04-01

    Innovative approaches are needed to address the needs of the 1.3 billion people lacking electricity, while simultaneously transitioning to a decarbonized energy system. With particular focus on the energy needs of the underserved, we present an analytic and conceptual framework that clarifies the heterogeneous continuum of centralized on-grid electricity, autonomous mini- or community grids, and distributed, individual energy services. A historical analysis shows that the present day is a unique moment in the history of electrification where decentralized energy networks are rapidly spreading, based on super-efficient end-use appliances and low-cost photovoltaics. We document how this evolution is supported by critical and widely available information technologies, particularly mobile phones and virtual financial services. These disruptive technology systems can rapidly increase access to basic electricity services and directly inform the emerging Sustainable Development Goals for quality of life, while simultaneously driving action towards low-carbon, Earth-sustaining, inclusive energy systems.

  4. Optional forward contracts for electric power markets

    SciTech Connect

    Gedra, T.W.

    1991-01-01

    The use of financial options and forward contracts is discussed in the context of electric power markets. Optional forward contracts are proposed as a mechanism for allocating power consumption and generating among market participants, either in conjunction with, or in place of, the so-called [open quotes]spot[close quotes] market. The role of optional forwards in maintaining system security in a decentralized, deregulated electric power market is also discussed.

  5. Multi-agent electricity market modeling with EMCAS.

    SciTech Connect

    North, M.; Macal, C.; Conzelmann, G.; Koritarov, V.; Thimmapuram, P.; Veselka, T.

    2002-09-05

    Electricity systems are a central component of modern economies. Many electricity markets are transitioning from centrally regulated systems to decentralized markets. Furthermore, several electricity markets that have recently undergone this transition have exhibited extremely unsatisfactory results, most notably in California. These high stakes transformations require the introduction of largely untested regulatory structures. Suitable tools that can be used to test these regulatory structures before they are applied to real systems are required. Multi-agent models can provide such tools. To better understand the requirements such as tool, a live electricity market simulation was created. This experience helped to shape the development of the multi-agent Electricity Market Complex Adaptive Systems (EMCAS) model. To explore EMCAS' potential, several variations of the live simulation were created. These variations probed the possible effects of changing power plant outages and price setting rules on electricity market prices.

  6. Electricity Market Module - NEMS Documentation

    EIA Publications

    2017-01-01

    Documents the Electricity Market Module as it was used for the Annual Energy Outlook. The Electricity Market Module (EMM) is the electricity supply component of the National Energy Modeling System (NEMS). The EMM represents the generation, transmission, and pricing of electricity. It consists of four submodules: the Electricity Capacity Planning (ECP) Submodule, the Electricity Fuel Dispatch (EFD) Submodule, the Electricity Finance and Pricing (EFP) Submodule, and the Electricity Load and Demand (ELD) Submodule.

  7. Electricity Market Module - NEMS Documentation

    EIA Publications

    2014-01-01

    Documents the Electricity Market Module as it was used for the Annual Energy Outlook 2013. The Electricity Market Module (EMM) is the electricity supply component of the National Energy Modeling System (NEMS). The EMM represents the generation, transmission, and pricing of electricity. It consists of four submodules: the Electricity Capacity Planning (ECP) Submodule, the Electricity Fuel Dispatch (EFD) Submodule, the Electricity Finance and Pricing (EFP) Submodule, and the Electricity Load and Demand (ELD) Submodule.

  8. Design and analysis of electricity markets

    NASA Astrophysics Data System (ADS)

    Sioshansi, Ramteen Mehr

    Restructured competitive electricity markets rely on designing market-based mechanisms which can efficiently coordinate the power system and minimize the exercise of market power. This dissertation is a series of essays which develop and analyze models of restructured electricity markets. Chapter 2 studies the incentive properties of a co-optimized market for energy and reserves that pays reserved generators their implied opportunity cost---which is the difference between their stated energy cost and the market-clearing price for energy. By analyzing the market as a competitive direct revelation mechanism we examine the properties of efficient equilibria and demonstrate that generators have incentives to shade their stated costs below actual costs. We further demonstrate that the expected energy payments of our mechanism is less than that in a disjoint market for energy only. Chapter 3 is an empirical validation of a supply function equilibrium (SFE) model. By comparing theoretically optimal supply functions and actual generation offers into the Texas spot balancing market, we show the SFE to fit the actual behavior of the largest generators in market. This not only serves to validate the model, but also demonstrates the extent to which firms exercise market power. Chapters 4 and 5 examine equity, incentive, and efficiency issues in the design of non-convex commitment auctions. We demonstrate that different near-optimal solutions to a central unit commitment problem which have similar-sized optimality gaps will generally yield vastly different energy prices and payoffs to individual generators. Although solving the mixed integer program to optimality will overcome such issues, we show that this relies on achieving optimality of the commitment---which may not be tractable for large-scale problems within the allotted timeframe. We then simulate and compare a competitive benchmark for a market with centralized and self commitment in order to bound the efficiency

  9. Policies to Spur Energy Access. Executive Summary; Volume 1, Engaging the Private Sector in Expanding Access to Electricity; Volume 2, Case Studies to Public-Private Models to Finance Decentralized Electricity Access

    SciTech Connect

    Walters, Terri; Rai, Neha; Esterly, Sean; Cox, Sadie; Reber, Tim; Muzammil, Maliha; Mahmood, Tasfiq; Kaur, Nanki; Tesfaye, Lidya; Mamuye, Simret; Knuckles, James; Morris, Ellen; de Been, Merijn; Steinbach, Dave; Acharya, Sunil; Chhetri, Raju Pandit; Bhushal, Ramesh

    2015-09-01

    Government policy is one of the most important factors in engaging the private sector in providing universal access to electricity. In particular, the private sector is well positioned to provide decentralized electricity products and services. While policy uncertainty and regulatory barriers can keep enterprises and investors from engaging in the market, targeted policies can create opportunities to leverage private investment and skills to expand electricity access. However, creating a sustainable market requires policies beyond traditional electricity regulation. The report reviews the range of policy issues that impact the development and expansion of a market for decentralized electricity services from establishing an enabling policy environment to catalyzing finance, building human capacity, and integrating energy access with development programs. The case studies in this report show that robust policy frameworks--addressing a wide range of market issues--can lead to rapid transformation in energy access. The report highlights examples of these policies in action Bangladesh, Ethiopia, Mali, Mexico, and Nepal.

  10. Market research for electric utilities

    SciTech Connect

    Shippee, G.

    1999-12-01

    Marketing research is increasing in importance as utilities become more marketing oriented. Marketing research managers need to maintain autonomy from the marketing director or ad agency and make sure their work is relevant to the utility's operation. This article will outline a model marketing research program for an electric utility. While a utility may not conduct each and every type of research described, the programs presented offer a smorgasbord of activities which successful electric utility marketers often use or have access to.

  11. Vocational Training in Chile: A Decentralized and Market Oriented System. Training Policy Study No. 8.

    ERIC Educational Resources Information Center

    Espinoza, Eduardo Martinez

    From 1976 to 1983 major reforms were enacted in Chile in the vocational training systems, based on four principles: decentralization, integration, diversification, and participation. The vocational training system in Chile is a legally established, market-oriented system in which many private training agencies compete to sell their services to…

  12. Electricity diversification, decentralization, and decarbonization: The role of U.S. state energy policy

    NASA Astrophysics Data System (ADS)

    Carley, Sanya

    In response to mounting concerns about climate change and an over-dependence on fossil fuels, U.S. state governments have assumed leadership roles in energy policy. State leaders across the country have constructed policies that target electricity sector operations, and aim to increase the percentage of renewable electricity generation, increase the use of distributed generation, and decrease carbon footprints. The policy literature, however, lacks compelling empirical evidence that state initiatives toward these ends are effective. This research seeks to contribute empirical insights that can help fill this void in the literature, and advance policy knowledge about the efficacy of these instruments. This three-essay dissertation focuses on the assessment of state energy policy instruments aimed at the diversification, decentralization, and decarbonization of the U.S. electricity sector. The first essay considers the effects of state efforts to diversify electricity portfolios via increases in renewable energy. This essay asks: are state-level renewable portfolio standards (RPS) effective at increasing renewable energy deployment, as well as the share of renewable energy out of the total generation mix? Empirical results demonstrate that RPS policies so far are effectively encouraging total renewable energy deployment, but not the percentage of renewable energy generation. The second essay considers state policy efforts to decentralize the U.S. electricity sector via instruments that remove barriers to distributed generation (DG) deployment. The primary question this essay addresses is whether the removal of legal barriers acts as a primary motivating factor for DG deployment. Empirical results reveal that net metering policies are positively associated with DG deployment; interconnection standards significantly increase the likelihood that end-users will adopt DG capacity; and utility DG adoption is related to standard market forces. The third essay asks: what are

  13. Northeastern Summer Electricity Market Alert

    EIA Publications

    2013-01-01

    The National Weather Service declared an excessive-heat warning for much of the Mid-Atlantic and northeastern United States, including major electric markets covering Philadelphia, Boston, Washington, D.C., and New York City. This report highlights the wholesale electricity market activity occurring in response to the higher-than-normal electricity demand caused by the heat wave.

  14. E-laboratories : agent-based modeling of electricity markets.

    SciTech Connect

    North, M.; Conzelmann, G.; Koritarov, V.; Macal, C.; Thimmapuram, P.; Veselka, T.

    2002-05-03

    Electricity markets are complex adaptive systems that operate under a wide range of rules that span a variety of time scales. These rules are imposed both from above by society and below by physics. Many electricity markets are undergoing or are about to undergo a transition from centrally regulated systems to decentralized markets. Furthermore, several electricity markets have recently undergone this transition with extremely unsatisfactory results, most notably in California. These high stakes transitions require the introduction of largely untested regulatory structures. Suitable laboratories that can be used to test regulatory structures before they are applied to real systems are needed. Agent-based models can provide such electronic laboratories or ''e-laboratories.'' To better understand the requirements of an electricity market e-laboratory, a live electricity market simulation was created. This experience helped to shape the development of the Electricity Market Complex Adaptive Systems (EMCAS) model. To explore EMCAS' potential as an e-laboratory, several variations of the live simulation were created. These variations probed the possible effects of changing power plant outages and price setting rules on electricity market prices.

  15. Decentralized conversion of biomass to energy, fuels and electricity with fuel cells

    SciTech Connect

    Grimes, P.

    1996-12-31

    Fuel cells, new processes, advanced equipment and total system approaches will allow biomass to become a larger source of energy to make electricity, fuel and chemicals. These innovative new approaches allow smaller scale operations and allow decentralization of biomass to energy. The pivotal role of biomass will change and expand. Biomass will become a significant near term and a long term energy source.

  16. Testing Neoclassical Competitive Theory in Multilateral Decentralized Markets

    ERIC Educational Resources Information Center

    List, John A.

    2004-01-01

    Walrasian tatonnement has been a fundamental assumption in economics ever since Walras' general equilibrium theory was introduced in 1874. Nearly a century after its introduction, Vernon Smith relaxed the Walrasian tatonnement assumption by showing that neoclassical competitive market theory explains the equilibrating forces in "double-auction"…

  17. Testing Neoclassical Competitive Theory in Multilateral Decentralized Markets

    ERIC Educational Resources Information Center

    List, John A.

    2004-01-01

    Walrasian tatonnement has been a fundamental assumption in economics ever since Walras' general equilibrium theory was introduced in 1874. Nearly a century after its introduction, Vernon Smith relaxed the Walrasian tatonnement assumption by showing that neoclassical competitive market theory explains the equilibrating forces in "double-auction"…

  18. A multi-regional framework for China's electric power market

    NASA Astrophysics Data System (ADS)

    Xie, Zhijun

    2000-10-01

    China faces the challenging task of substantially increasing its generation of electricity within economic, energy, political, and environmental constraints. Some of the most immediate issues are the decentralization of the utility decision making process, the creation of electricity markets over large geographic areas, the establishment of pricing mechanisms, and the maintenance of reasonable levels of air quality. This research develops a multi-regional optimization model to analyze these issues in the North China Power System. The model minimizes the total delivery cost of electric power for a multi-regional grid subject to the constraints of power flow, generation and transmission capacities and emission limits. Benders' decomposition is used to decompose the model into a two-level structure an inter-regional Power exchange module and an intra-regional power dispatch and transmission module The intra-regional market contains the least cost power dispatch based on bids from generators bidding and on users, insurance of their power consumption, all within local emission limits. The inter-regional market balances power exchange among regions. The results indicate that a decentralized, competitive electricity market has significant economic and environmental benefits to the entire region. Regional competition brings more cheap electric power from remote regions to urban demand centers. The expansion of power exchange reduces sulfur emissions without significantly increasing cost. The results demonstrate that without congestion, the nodal and transmission prices can be effectively separated, an important criterion for decentralization and competition. Transmission prices are related only to the wire and topological characteristics of the network. The effects of electricity loop flow on transmission prices are reflected through a multiplier that is specific to each loop. A priori calculation of the congestion and loop multipliers under congestion is possible with

  19. Essays on restructured electricity markets

    NASA Astrophysics Data System (ADS)

    Nicholson, Emma Leah

    This dissertation focuses on the performance of restructured electricity markets in the United States. In chapter 1, I study bidder-specific offer caps ("BSOCs") which are used to mitigate market power in three wholesale electricity markets. The price of electricity is determined through multi-unit uniform price auctions and BSOCs impose an upper limit, which is increasing in marginal cost, on each generator's bid. I apply BSOCs in both the uniform and discriminatory price auctions and characterize the equilibria in a two firm model with stochastic demand. BSOCs unambiguously increase expected production efficiency in the uniform price auction and they can increase the expected profit of the generator with the lower cap. Chapter 2, coauthored with Ramteen Sioshansi, Ph.D., compares two types of uniform price auction formats used in wholesale electricity markets, centrally committed markets and self committed markets. In centrally committed markets, generators submit two-part bids consisting of a fixed startup cost and a variable (per MWh) energy cost, and the auctioneer ensures that no generator operates at a loss. Generators in self committed markets must incorporate their startup costs into their one part energy bids. We derive Nash equilibria for both the centrally and self committed electricity markets in a model with two symmetric generators with nonconvex costs and deterministic demand. Using a numerical example, we demonstrate that if the caps on the bid elements are chosen appropriately, the two market designs are equivalent in terms of generator revenues and settlement costs. Regulators and prominent academic experts believe that electric restructuring polices have stifled investment in new generation capacity. In chapter 3 I seek to determine whether these fears are supported by empirical evidence. I examine both total investment in megawatts and the number of new investments across regions that adopted different electric restructuring policies to

  20. Electricity market players subgroup report

    SciTech Connect

    Borison, A.

    1990-03-01

    The purpose of this study is to examine competition in the electric power industry from an ``industrial organization`` point of view. The remainder of this report is organized as follows. Chapter 2 describes the ``industrial organization`` approach used to analyze the electric power market. Industrial organization emphasizes specific market performance criteria, and the impact of market structure and behavior on performance. Chapter 3 identifies the participants in the electric power market, grouped primarily into regulated producers, unregulated producers, and consumers. Chapter 4 describes the varieties of electric power competition, organized along two dimensions: producer competition and consumer competition. Chapters 5 and 6 identify the issues raised by competition along the two dimensions. These issues include efficiency, equity, quality, and stability. Chapters 7 through 9 describe market structure, behavior and performance in three competitive scenarios: minimum competition, maximum competition, and moderate competition. Market structure, behavior and performance are discussed, and the issues raised in Chapters 5 and 6 are discussed in detail. Chapter 10 provides conclusions about ``winners and losers`` and identifies issues that require further study.

  1. Electricity market players subgroup report

    SciTech Connect

    Borison, A.

    1990-03-01

    The purpose of this study is to examine competition in the electric power industry from an industrial organization'' point of view. The remainder of this report is organized as follows. Chapter 2 describes the industrial organization'' approach used to analyze the electric power market. Industrial organization emphasizes specific market performance criteria, and the impact of market structure and behavior on performance. Chapter 3 identifies the participants in the electric power market, grouped primarily into regulated producers, unregulated producers, and consumers. Chapter 4 describes the varieties of electric power competition, organized along two dimensions: producer competition and consumer competition. Chapters 5 and 6 identify the issues raised by competition along the two dimensions. These issues include efficiency, equity, quality, and stability. Chapters 7 through 9 describe market structure, behavior and performance in three competitive scenarios: minimum competition, maximum competition, and moderate competition. Market structure, behavior and performance are discussed, and the issues raised in Chapters 5 and 6 are discussed in detail. Chapter 10 provides conclusions about winners and losers'' and identifies issues that require further study.

  2. Market concentration and marketing power among electricity generators in Texas

    SciTech Connect

    Zarnikau, J.; Lam, A.

    1998-11-01

    Policy initiatives designed to foster competition among electricity generators in Texas face a special challenge due to the relative isolation of that system. This isolation contributes to high levels of market concentration and market power that could hinder the development of a truly competitive market. This paper examines market concentration and market power in the ERCOT market for electricity generation by calculating the Herfindahl-Hirschman index (HHI) under various assumptions to gauge the degree of market concentration among generators in ERCOT. In addition, some ongoing studies of market power in ERCOT are discussed. The distinction between market concentration and market power is highlighted.

  3. Trends in international electricity markets

    SciTech Connect

    Toner, P.; Vera, I.

    1995-12-31

    The electric power industry is expected to continue experiencing significant changes throughout the beginning of the next century as the world becomes increasingly dependent on electricity. Three major trends characterize the industry worldwide: growth in demand, changes in its structure, and shifts in generation fuel mix. Electricity will remain the fastest growing form of end-use energy worldwide throughout 2010. Non-OECD countries will experience the largest growth in electricity demand as governments attempt to satisfy electricity requirements indispensable to ensure economic development. Increasing world dependence on electricity is accompanied by dramatic changes in the electric power industry in key areas such as regulation structure, and ownership. These changes imply more competitive environments and greater efficiency. Another important trend expected to continue is the shifts in the fuel mix of world electricity generation. The next 15 years will be characterized by increasing shares of natural gas and renewable fuel consumption while nuclear, oil and coal shares will decrease. This paper summarizes major trends in international electricity markets and describes important developments in world regions such as North America, Europe, Asia and Central and South America.

  4. Multi-agent simulation of generation expansion in electricity markets.

    SciTech Connect

    Botterud, A; Mahalik, M. R.; Veselka, T. D.; Ryu, H.-S.; Sohn, K.-W.; Decision and Information Sciences; Korea Power Exchange

    2007-06-01

    We present a new multi-agent model of generation expansion in electricity markets. The model simulates generation investment decisions of decentralized generating companies (GenCos) interacting in a complex, multidimensional environment. A probabilistic dispatch algorithm calculates prices and profits for new candidate units in different future states of the system. Uncertainties in future load, hydropower conditions, and competitors actions are represented in a scenario tree, and decision analysis is used to identify the optimal expansion decision for each individual GenCo. We test the model using real data for the Korea power system under different assumptions about market design, market concentration, and GenCo's assumed expectations about their competitors investment decisions.

  5. R & D increases electricity markets

    SciTech Connect

    Sussman, S.S.

    1995-10-01

    As the electric utility industry moves increasingly toward open competition, sharing of information among utilities will become more restrictive. Today, the spirit of cooperation seens to be faltering, due to each companies` concerns about revealing potentially sensitive information which could be exploited by a utility`s competitors. This situation raises a serious question regarding the future of cooperative R&D. One area of R&D that will benefit all electric energy providers is that which will create new or larger markets for electricity. An R&D consortia can also help to satisfy some rather generic needs of its competitive members. Members of competitive industries have quickly and economically developed market-building technologies through their support of R&D consortium. It is very likely that as the electric utility industry undergoes restructuring, collaborative R&D will continue to produce mutually beneficial technologies. The realities of competition will require the electric R&D consortia to adjust the processes used to plan and manage R&D projects.

  6. Decentralized generation of electricity from biomass with proton exchange membrane fuel cell

    NASA Astrophysics Data System (ADS)

    Toonssen, Richard; Woudstra, Nico; Verkooijen, Adrian H. M.

    Biomass can be applied as the primary source for the production of hydrogen in the future. The biomass is converted in an atmospheric fluidized bed gasification process using steam as the gasifying agent. The producer gas needs further cleaning and processing before the hydrogen can be converted in a fuel cell; it is assumed that the gas cleaning processes are able to meet the requirements for a PEM-FC. The compressed hydrogen is supplied to a hydrogen grid and can be used in small-scale decentralized CHP units. In this study it is assumed that the CHP units are based on low temperature PEM fuel cells. For the evaluation of alternative technologies the whole chain of centralized hydrogen production from biomass up to and including decentralized electricity production in PEM fuel cells is considered. Two models for the production of hydrogen from biomass and three models for the combined production of electricity and heat with PEM fuel cells are built using the computer program Cycle-Tempo. Two different levels of hydrogen purity are considered in this evaluation: 60% and 99.99% pure hydrogen. The purity of the hydrogen affects both the efficiencies of the hydrogen production as well as the PEM-FC systems. The electrical exergy efficiency of the PEM-FC system without additional heat production is calculated to be 27.66% in the case of 60% hydrogen and 29.06% in the case of 99.99% pure hydrogen. The electrical exergy efficiencies of the whole conversion chain appear to be 21.68% and 18.74%, respectively. The high losses during purification of the hydrogen gas result in a higher efficiency for the case with low purity hydrogen. The removal of the last impurities strongly increases the overall exergy losses of the conversion chain.

  7. The inevitable commoditization of electric power markets

    SciTech Connect

    Mango, B.; Woodley, J.A.C.

    1994-11-01

    As competition grows between electric suppliers it is inevitable that a spot market in electricity will evolve. The impetus is the market demand for greater asset productivity. With prices revealed, a commodity market will follow. With spot and commodity markets will come the power to reallocate risk and make capital investment more productive. Given price volatility, separate markets will develop for near- and long-term hedging instruments.

  8. Three essays on "making" electric power markets

    NASA Astrophysics Data System (ADS)

    Kench, Brian Thomas

    2000-10-01

    Technological change over the past three decades has altered most of the basic conditions in the electric power industry. Because of technical progress, the dominant paradigm has shifted from the provision of electric power by regulated and vertically integrated local natural monopolies to competition and vertical separation. In the first essay I provide a historical context of the electric industry's power current deregulation debate. Then a dynamic model of induced institutional change is used to investigate how endogenous technological advancements have induced radical institutional change in the generation and transmission segments of the electric power industry. Because the Federal Energy Regulatory Commission (FERC) ordered regulated utilities to provide open access to their transmission networks and to separate their generation and transmission functions, transmission networks have been used more intensively and in much different ways then in the past. The second essay tests experimentally the predictions of neoclassical theory for a radial electric power market under two alternative deregulated transmission institutions: financial transmission rights and physical transmission rights. Experimental evidence presented there demonstrates that an electric power market with physical transmission rights governing its transmission network generates more "right" market signals relative to a transmission network governed by financial transmission rights. The move to a greater reliance on markets for electric power is an idea that has animated sweeping and dramatic changes in the traditional business of electric power. The third essay examines two of the most innovative and complex initiatives of making electric power markets in the United States: California and PJM. As those markets mature and others are made, they must revise their governance mechanisms to eliminate rules that create inefficiency and adopt rules that work efficiently elsewhere. I argue that

  9. Assessing the efficiency of US electricity markets

    SciTech Connect

    Arciniegas, I. E.; Barrett, C. L.; Marathe, A.

    2001-01-01

    The recent California's energy crisis has raised doubts about the benefits of energy deregulation. While it is true that the California electricity market is in turmoil, other electricity markets like the Pennsylvania-New Jersey-Maryland (PJM) are doing fine. This paper assesses the mark of efficiency reached by the electricity markets in California, New York, and PJM. It also compares the degree of efficiency across markets (forward vs. real time) and across time. In terms of market efficiency no significant differences between the California and PJM electricity markets were discovered in the year of California's energy crisis (2000). This research suggests that differences in price behavior between these two markets during 2000 did not arise from differences in efficiency. According to our analysis and measure of efficiency, PJM and California electricity markets are more efficient than the New York market. Also, as these markets become more mature over time, their efficiency goes up. We also found evidence that multi-settlement scheduling system leads to higher efficiency.

  10. Autonomous, Decentralized Grid Architecture: Prosumer-Based Distributed Autonomous Cyber-Physical Architecture for Ultra-Reliable Green Electricity Networks

    SciTech Connect

    2012-01-11

    GENI Project: Georgia Tech is developing a decentralized, autonomous, internet-like control architecture and control software system for the electric power grid. Georgia Tech’s new architecture is based on the emerging concept of electricity prosumers—economically motivated actors that can produce, consume, or store electricity. Under Georgia Tech’s architecture, all of the actors in an energy system are empowered to offer associated energy services based on their capabilities. The actors achieve their sustainability, efficiency, reliability, and economic objectives, while contributing to system-wide reliability and efficiency goals. This is in marked contrast to the current one-way, centralized control paradigm.

  11. Understanding Price Formation in Electricity Markets

    NASA Astrophysics Data System (ADS)

    Kadoya, Toshihisa; Sasaki, Tetsuo; Yokoyama, Akihiko; Ihara, Satoru

    The electricity price will influence the future growth and mix of generation capacity that will in turn influence the future electricity price, and therefore, it is important to understand how electricity price is formed as well as its short-term and long-term impacts on the economy. This paper describes evaluation of PJM day-ahead market bidding data and comparison of various electricity markets in terms of the market clearing price and volatility. The objective is to find critical factors and mechanisms determining the movements of electricity price. It was found that speculation by a small number of bidders can cause price spikes, that a Nash equilibrium may exist during a delayed response of the electricity price to a decline of the fuel price, and that the hydro generation with storage capability effectively stabilizes the electricity price.

  12. Decentralized Charging of Plug-In Electric Vehicles Using Lagrange Relaxation Method at the Residential Transformer Level

    NASA Astrophysics Data System (ADS)

    Xu, Shaolun; Yan, Zheng; Zhao, Xiaobo; Zhang, Liang; Feng, Donghan; Xu, Xiaoyuan

    2016-06-01

    The expected rise of plug-in electric vehicles (PEVs) will lead to a significant additional demand on low voltage distribution systems, and PEVs can challenge power quality and reliability of power systems if their charging is not coordinated. The PEV aggregator, acting as an intermedium between customers and the grid operator, can solve the charging management problem effectively. In this study, a decentralized scheduling scheme of aggregators for PEV charging based on Lagrange Relaxation method is proposed. At the same time, a centralized model of aggregators is also formulated in the same situation in order to make comparisons with the proposed scheme. The two charging models are both aimed at maximizing the charging profit of PEV aggregators considering constraints including users' electricity demand, charging time, available capacity of distribution transformers, etc. A number of charging scenarios are simulated to evaluate the proposed method. The economic benefits, computational complexity and efficiency are compared and analyzed between the centralized charging and the decentralized charging. Simulation results verify that the decentralized charging strategy based on Lagrange Relaxation method gains charging profit close to the centralized charging yet is more efficient and realizable than the centralized charging.

  13. Electricity Market Manipulation: How Behavioral Modeling Can Help Market Design

    SciTech Connect

    Gallo, Giulia

    2015-12-18

    The question of how to best design electricity markets to integrate variable and uncertain renewable energy resources is becoming increasingly important as more renewable energy is added to electric power systems. Current markets were designed based on a set of assumptions that are not always valid in scenarios of high penetrations of renewables. In a future where renewables might have a larger impact on market mechanisms as well as financial outcomes, there is a need for modeling tools and power system modeling software that can provide policy makers and industry actors with more realistic representations of wholesale markets. One option includes using agent-based modeling frameworks. This paper discusses how key elements of current and future wholesale power markets can be modeled using an agent-based approach and how this approach may become a useful paradigm that researchers can employ when studying and planning for power systems of the future.

  14. Electricity market module: Electricity capacity planning submodule

    SciTech Connect

    1996-06-01

    The purpose of this report is to describe modifications to the Electricity Capacity Planning Submodule (ECP) for the Annual Energy Outlook 1996. It describes revisions to enhance the representation of planned maintenance, incorporate technological improvements in operating efficiencies, revise the algorithm for determining international firm power imports, and include risk premiums for new plant construction.

  15. Model documentation: Electricity Market Module, Electricity Fuel Dispatch Submodule

    SciTech Connect

    Not Available

    1994-04-08

    This report documents the objectives, analytical approach and development of the National Energy Modeling System Electricity Fuel Dispatch Submodule (EFD), a submodule of the Electricity Market Module (EMM). The report catalogues and describes the model assumptions, computational methodology, parameter estimation techniques, model source code, and forecast results generated through the synthesis and scenario development based on these components.

  16. Transformation of the Argentine wholesale electricity market

    SciTech Connect

    Caruso, L.M. )

    1994-06-01

    The electricity industry in Argentina has undertaken a very deep restructuring in recent years, from a 100% state-owned, integrated activity to a true market of electricity, in which more than seventy free private agents (generators, transmission companies, distribution companies, and big customers) operate in a framework of rules completely different from those in force at the beginning of the transformation. Today, almost 3 years later, an observer can notice a number of changes already in place. As a consequence, there is an increased interest from companies and government as well, in old and new issues such as electrical markets integration, or global business. The purpose of this presentation is to examine this emergent market, its rules, and its players, and to assess which of the patterns associated with the integration of business, markets, and culture are for the benefit of final users.

  17. Measuring market performance in restructured electricity markets: An empirical analysis of the PJM energy market

    NASA Astrophysics Data System (ADS)

    Tucker, Russell Jay

    2002-09-01

    Today the electric industry in the U.S. is transitioning to competitive markets for wholesale electricity. Independent system operators (ISOs) now manage broad regional markets for electrical energy in several areas of the U.S. A recent rulemaking by the Federal Energy Regulatory Commission (FERC) encourages the development of regional transmission organizations (RTOs) and restructured competitive wholesale electricity markets nationwide. To date, the transition to competitive wholesale markets has not been easy. The increased reliance on market forces coupled with unusually high electricity demand for some periods have created conditions amenable to market power abuse in many regions throughout the U.S. In the summer of 1999, hot and humid summer conditions in Pennsylvania, New Jersey, Maryland, Delaware, and the District of Columbia pushed peak demand in the PJM Interconnection to record levels. These demand conditions coincided with the introduction of market-based pricing in the wholesale electricity market. Prices for electricity increased on average by 55 percent, and reached the $1,000/MWh range. This study examines the extent to which generator market power raised prices above competitive levels in the PJM Interconnection during the summer of 1999. It simulates hourly market-clearing prices assuming competitive market behavior and compares these prices with observed market prices in computing price markups over the April 1-August 31, 1999 period. The results of the simulation analysis are supported with an examination of actual generator bid data of incumbent generators. Price markups averaged 14.7 percent above expected marginal cost over the 5-month period for all non-transmission-constrained hours. The evidence presented suggests that the June and July monthly markups were strongly influenced by generator market power as price inelastic peak demand approached the electricity generation capacity constraint of the market. While this analysis of the

  18. Geographic market delineation in LMP electric power markets

    SciTech Connect

    Morris, John R.; Accordino, Megan H.

    2010-04-15

    The Federal Energy Regulatory Commission has jurisdiction over sales of electric generation assets in the United States, and it has found that generation on the high-priced side of transmission constraints provides competition for generators on the low-priced side. This article shows that this reasoning is correct in locational marginal price (LMP) electric power markets now prevalent in the U.S. (author)

  19. Education Decentralization in Argentina: A "Global-Local Conditions of Possibility" Approach to State, Market, and Society Change.

    ERIC Educational Resources Information Center

    Rhoten, Diana

    2000-01-01

    Examines international origins, national intentions, and local interpretations and actions of the recent education decentralization movement in Argentina, focusing on three provinces. Discusses the international policy environment in which privatization, deregulation, and decentralization have flourished. Both material capacities and symbolic…

  20. Essays on environmental regulations in electricity markets

    NASA Astrophysics Data System (ADS)

    Sun, Yanming

    Reducing the Greenhouse Gas pollution and promoting energy efficiency among consumers' energy use have been major public policy issues recently. Currently, both the United States and the European Union have set up explicit percentage requirements that require energy generators or consumers to undertake a certain percentage of their energy production or consumption from renewable sources. To achieve their renewable targets, the Tradable Green Certificates (TGC) system has been introduced in their electricity markets. Moreover, in order to promote energy conservation and achieve energy efficiency targets, price policies and price changes derived from environmental regulations have played a more important role in reducing electricity consumption. My research studies problems associated with these policy implementations. In Chapter 1, I analyze a competitive electricity market with two countries operated under a common TGC system. By using geometric illustrations, I compare the two countries' welfare when the renewable quota is chosen optimally under the common certificate market with three different situations. The policy recommendation is that when the value of damage parameter is sufficiently small, full integration with a TGC market is welfare superior to full integration of an all fossil-fuel based market with an optimal emissions standard. In Chapter 2, by analyzing a stylized theoretical model and numerical examples, I investigate the performance of the optimal renewables policy under full separation and full integration scenarios for two countries' electricity markets operated under TGC systems. In my third chapter, I look at residential electricity consumption responsiveness to increases of electricity price in the U.S. and the different effect of a price increase on electricity use for states of different income levels. My analysis reveals that raising the energy price in the short run will not give consumers much incentive to adjust their appliances and make

  1. Resonating models for the electric power market

    NASA Astrophysics Data System (ADS)

    Lucheroni, Carlo

    2007-11-01

    This paper describes the economic phenomenon of price spiking in electric power markets and introduces an alternative way to model it. A stochastic FitzHugh-Nagumo dynamics in a special regime is proposed as a basic model for the power market, and an extension of the FitzHugh-Nagumo system is introduced to improve the statistical features of the basic model. Ideas from stochastic and coherence resonance are used to discuss the models.

  2. Resonating models for the electric power market.

    PubMed

    Lucheroni, Carlo

    2007-11-01

    This paper describes the economic phenomenon of price spiking in electric power markets and introduces an alternative way to model it. A stochastic FitzHugh-Nagumo dynamics in a special regime is proposed as a basic model for the power market, and an extension of the FitzHugh-Nagumo system is introduced to improve the statistical features of the basic model. Ideas from stochastic and coherence resonance are used to discuss the models.

  3. Essays on pricing electricity and electricity derivatives in deregulated markets

    NASA Astrophysics Data System (ADS)

    Popova, Julia

    2008-10-01

    This dissertation is composed of four essays on the behavior of wholesale electricity prices and their derivatives. The first essay provides an empirical model that takes into account the spatial features of a transmission network on the electricity market. The spatial structure of the transmission grid plays a key role in determining electricity prices, but it has not been incorporated into previous empirical models. The econometric model in this essay incorporates a simple representation of the transmission system into a spatial panel data model of electricity prices, and also accounts for the effect of dynamic transmission system constraints on electricity market integration. Empirical results using PJM data confirm the existence of spatial patterns in electricity prices and show that spatial correlation diminishes as transmission lines become more congested. The second essay develops and empirically tests a model of the influence of natural gas storage inventories on the electricity forward premium. I link a model of the effect of gas storage constraints on the higher moments of the distribution of electricity prices to a model of the effect of those moments on the forward premium. Empirical results using PJM data support the model's predictions that gas storage inventories sharply reduce the electricity forward premium when demand for electricity is high and space-heating demand for gas is low. The third essay examines the efficiency of PJM electricity markets. A market is efficient if prices reflect all relevant information, so that prices follow a random walk. The hypothesis of random walk is examined using empirical tests, including the Portmanteau, Augmented Dickey-Fuller, KPSS, and multiple variance ratio tests. The results are mixed though evidence of some level of market efficiency is found. The last essay investigates the possibility that previous researchers have drawn spurious conclusions based on classical unit root tests incorrectly applied to

  4. Model documentation: Electricity Market Module, Electricity Capacity Planning submodule

    SciTech Connect

    Not Available

    1994-04-07

    The National Energy Modeling System (NEMS) is a computer modeling system developed by the Energy Information Administration (EIA). The NEMS produces integrated forecasts for energy markets in the United States by achieving a general equilibrium solution for energy supply and demand. Currently, for each year during the period from 1990 through 2010, the NEMS describes energy supply, conversion, consumption, and pricing. The Electricity Market Module (EMM) is the electricity supply component of the National Energy Modeling System (NEMS). The supply of electricity is a conversion activity since electricity is produced from other energy sources (e.g., fossil, nuclear, and renewable). The EMM represents the generation, transmission, and pricing of electricity. The EMM consists of four main submodules: Electricity Capacity Planning (ECP), Electricity Fuel Dispatching (EFD), Electricity Finance and Pricing (EFP), and Load and Demand-Side Management (LDSM). The ECP evaluates changes in the mix of generating capacity that are necessary to meet future demands for electricity and comply with environmental regulations. The EFD represents dispatching (i.e., operating) decisions and determines how to allocate available capacity to meet the current demand for electricity. Using investment expenditures from the ECP and operating costs from the EFD, the EFP calculates the price of electricity, accounting for state-level regulations involving the allocation of costs. The LDSM translates annual demands for electricity into distributions that describe hourly, seasonal, and time-of-day variations. These distributions are used by the EFD and the ECP to determine the quantity and types of generating capacity that are required to insure reliable and economical supplies of electricity. The EMM also represents nonutility suppliers and interregional and international transmission and trade. These activities are included in the EFD and the ECP.

  5. Electricity transactions in an open access market

    SciTech Connect

    Flory, J.

    1996-01-01

    The electric power industry is becoming increasingly competitive. A number of other regulated industries have recently been deregulated. Federal and state regulators are increasingly opening up the electric power industry to competition. These ideas have not suddenly been brought down from the mountain top. Rather, they are part of an evolution in the energy marketplace. A 1995 Winter Meeting panel session, sponsored by the IEEE PES Power System Engineering Committee, explored Electricity Transactions in an Open Access Market. Panelists included: Richard Tabors, chairman of Tabors Caramanis and Associates, and assistant director of MIT laboratory for Electromagnetic and Electronic Systems; Brad Leach, director of Electricity and Natural Gas Research at the New York Mercantile Exchange; Dennis Meany, vice president of Louis Dreyfus Electric Power, Inc.; Steve Kean, vice president of Enron Gas services Group; John Flory, principal in charge of the Western Division, Tabors Caramanis and Associates. This article summarizes the panel session by describing the evolution of deregulation, discussing the benefits of deregulation, describing what an electricity transaction might look like in this open access market, and describing the implications of this market for current participants and the possible contributions of new participants.

  6. Market penetration of electric passenger vehicles

    SciTech Connect

    Froker, D.

    1983-01-01

    The assumptions and criteria used to estimate the cost, performance and comfort of electric vehicles (EV) and to compare these aspects of internal combustion vehicles and EVs are explained, and the method used to forecast the market share of EVs for future personal transportation needs is described. The results forecast an approximate total market share of EVs sold in the passenger vehicle market to be 10% for 1990 and 20% for the year 2000. The sensitivity analysis disclosed that the parameters mainly responsible for changes of EV market share were range, purchase price, year purchased, and to some extent, the maximum cruising speed, in order of importance. Surprisingly, fuel prices, whether for electricity or gasoline, did not have much effect on market share even when considering much greater increases than we have seen in the past 10 years. As might be expected with fuel prices having negligible effects, changes in the efficiencies of EVs and ICVs also altered our expected market share very little. (LCL)

  7. Emissions markets, power markets and market power: A study of the interactions between contemporary emissions markets and deregulated electricity markets

    NASA Astrophysics Data System (ADS)

    Dormady, Noah Christopher

    Chapter 1: A Monte Carlo Approach. The use of auctions to distribute tradeable property rights to firms in already heavily concentrated markets may further exacerbate the problems of market power that exist within those markets. This chapter provides a model of a two-stage emissions market modeled after a contemporary regional permit trading market in the United States, the Regional Greenhouse Gas Initiative, Inc. (RGGI). It then introduces Oligopsony 1.0, a C# software package constructed in the .NET environment that simulates uniform-price auctions using stochastic Monte Carlo simulation for modeling market power in tradeable property rights auctions. Monte Carlo methods add a probabilistic element to standard auction theoretic equilibria. The results of these simulations indicate that there can be significant non-linearities between profit and market power as exercised through strategic demand reduction. This analysis finds the optimum point of strategic demand reduction that enables the firm to exploit these non-linearities, and it determines the probability distributions of these optima using kernel density analysis. Chapter 2: An Experimental Approach. How will emerging auction-based emissions markets function within the context of today's deregulated auction-based electricity markets? This chapter provides an experimental analysis of a joint energy-emissions market. The impact of market power and collusion among dominant firms is evaluated to determine the extent to which an auction-based tradeable permit market influences performance in an adjacent electricity market. The experimental treatment design controls for a variety of real-world institutional features, including variable demand, permit banking, inter-temporal (multi-round) dynamics, a tightening cap, and resale. Results suggest that the exercise of market power significantly increases electricity auction clearing prices, without significantly increasing emissions

  8. Electricity market design for the prosumer era

    NASA Astrophysics Data System (ADS)

    Parag, Yael; Sovacool, Benjamin K.

    2016-04-01

    Prosumers are agents that both consume and produce energy. With the growth in small and medium-sized agents using solar photovoltaic panels, smart meters, vehicle-to-grid electric automobiles, home batteries and other ‘smart’ devices, prosuming offers the potential for consumers and vehicle owners to re-evaluate their energy practices. As the number of prosumers increases, the electric utility sector of today is likely to undergo significant changes over the coming decades, offering possibilities for greening of the system, but also bringing many unknowns and risks that need to be identified and managed. To develop strategies for the future, policymakers and planners need knowledge of how prosumers could be integrated effectively and efficiently into competitive electricity markets. Here we identify and discuss three promising potential prosumer markets related to prosumer grid integration, peer-to-peer models and prosumer community groups. We also caution against optimism by laying out a series of caveats and complexities.

  9. Electric motors: Markets, trends, and applications

    SciTech Connect

    Not Available

    1992-06-01

    Electric motors play an important role in nearly all sectors of the US economy. Typical motor applications range from air conditioning and appliances in the residential sector, to cooling and space heating in the commercial sector, to materials handling and processing in the industrial sectors. Motors in the residential sector consumed nearly 352 billion kilowatthours (BkWh) in 1985, in the commercial sector 279 BkWh, and the industrial sector 552 BkWh. Approximately 87% of electric motor electricity use in the industrial sector was consumed in manufacturing processes, while the process industries consumed more than half of the manufacturing sector's electric motor electricity use. The total motor population in all sectors in 1987 stood just shy of 1.02 billion, 90% of which are less than one horsepower (HP) in size. An increasing percentage of the motor population is comprised of high efficiency motors, as classified by the National Electrical Manufacturers Association (NEMA). High efficiency motors offer end-users greater energy and cost savings than do their standard efficiency counterparts. This report provides an overview of the history of the electric motor, a brief description of the electromechanical theory behind motor operations, and offers a statistical review of the size and distribution of the electric motor market. The report also presents data on sector motor electricity use, describes current and potential motor application opportunities, and details areas in which further research and development may be needed.

  10. Essays on competition in electricity markets

    NASA Astrophysics Data System (ADS)

    Bustos Salvagno, Ricardo Javier

    The first chapter shows how technology decisions affect entry in commodity markets with oligopolistic competition, like the electricity market. I demonstrate an entry deterrence effect that works through cost uncertainty. Technology's cost uncertainty affects spot market expected profits through forward market trades. Therefore, incentives to engage in forward trading shape firms' decisions on production technologies. I show that high-cost but low-risk technologies are adopted by risk-averse incumbents to deter entry. Strategic technology adoption can end in a equilibrium where high-cost technologies prevail over low-cost but riskier ones. In the case of incumbents who are less risk-averse than entrants, entry deterrence is achieved by choosing riskier technologies. The main results do not depend on who chooses their technology first. Chapter two examines the Chilean experience on auctions for long-term supply contracts in electricity markets from 2006 to 2011. Using a divisible-good auction model, I provide a theoretical framework that explains bidding behavior in terms of expected spot prices and contracting positions. The model is extended to include potential strategic behavior on contracting decisions. Empirical estimations confirm the main determinants of bidding behavior and show heterogeneity in the marginal cost of over-contracting depending on size and incumbency. Chapter three analyzes the lag in capacity expansion in the Chilean electricity market from 2000 to 2004. Regarded as a result of regulatory uncertainty, the role of delays in the construction of a large hydro-power plant has been overlooked by the literature. We argue that those delays postponed projected investment and gave small windows of opportunity that only incumbents could take advantage of. We are able to retrace the history of investments through real-time information from the regulator's reports and a simple model enables us to explain the effect of those delays on suggested and under

  11. 75 FR 4310 - Credit Reforms in Organized Wholesale Electric Markets

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-01-27

    ... Energy Regulatory Commission 18 CFR Part 35 Credit Reforms in Organized Wholesale Electric Markets Issued... electric markets to ensure that credit practices result in jurisdictional rates that are just and... electric markets.\\2\\ While this matter has been one of ongoing Commission interest, the recent turmoil in...

  12. 76 FR 10492 - Credit Reforms in Organized Wholesale Electric Markets

    Federal Register 2010, 2011, 2012, 2013, 2014

    2011-02-25

    ... Energy Regulatory Commission 18 CFR Part 35 Credit Reforms in Organized Wholesale Electric Markets AGENCY... Wholesale Electric Markets, Order No. 741, to amend its regulations to improve the management of risk and use of credit in the organized wholesale electric markets. This order denies in part and grants in...

  13. 75 FR 65942 - Credit Reforms in Organized Wholesale Electric Markets

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-10-27

    ... Energy Regulatory Commission 18 CFR Part 35 Credit Reforms in Organized Wholesale Electric Markets Issued... electric markets. Each Regional Transmission Organization (RTO) and Independent System Operator (ISO) will... policies used in organized wholesale electric power markets.\\1\\ \\1\\ For purposes of this Final Rule...

  14. 77 FR 51795 - Coordination Between Natural Gas and Electricity Markets

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-08-27

    ... Energy Regulatory Commission Coordination Between Natural Gas and Electricity Markets Supplemental Notice... Natural Gas and Electricity Markets, Docket No. AD12-12-000 (July 5, 2012) (Notice Of Technical... and Electricity Markets, Docket No. AD12-12-000 (July 17, 2012) (Supplemental Notice Of Technical...

  15. A decentralized charging control strategy for plug-in electric vehicles to mitigate wind farm intermittency and enhance frequency regulation

    NASA Astrophysics Data System (ADS)

    Luo, Xiao; Xia, Shiwei; Chan, Ka Wing

    2014-02-01

    This paper proposes a decentralized charging control strategy for a large population of plug-in electric vehicles (PEVs) to neutralize wind power fluctuations so as to improve the regulation of system frequency. Without relying on a central control entity, each PEV autonomously adjusts its charging or discharging power in response to a communal virtual price signal and based on its own urgency level of charging. Simulation results show that under the proposed charging control, the aggregate PEV power can effectively neutralize wind power fluctuations in real-time while differential allocation of neutralization duties among the PEVs can be realized to meet the PEV users' charging requirements. Also, harmful wind-induced cyclic operations in thermal units can be mitigated. As shown in economic analysis, the proposed strategy can create cost saving opportunities for both PEV users and utility.

  16. The creation of a global electricity market

    SciTech Connect

    DePinto, D.; Anderson, A.

    1998-07-01

    The global embrace of market-based economics has led to significant growth and prosperity resulting in increased needs for electricity. The burgeoning demand for energy has created requirements for capital investment at time when the state-owned energy companies cannot provide it. Governments, busy trying to find ways to manage already inflated debt burdens, have little capacity for funding the capital needed to expand energy production. In these strategic industries, governments are beginning to embrace the principles of free market capitalism and private ownership, recognizing the significant benefits to be realized: reduced national deficits, a more efficient energy sector, access to foreign capital, greater internal capital generation, and more energy to fuel economic growth. This is driving the governments to embrace privatization and is creating a market for the sale of electric utilities. On the other side of this equation are the fast developing global electric companies that are prepared to expand in both developing and developed countries through significant acquisitions of either companies or strategic assets. This scenario is further enhanced as the Independent Power Developers chase projects from Brazil to China and bring competition to the development of new generation. Never before has there been such a movement to the complete transformation of the energy industry. Countries on every continent are exploring how they can reform and restructure the energy sector. The analysis will address: Global transformation sweeping the various regions of the world; Impact on developers and the strategy required for success; Global electric companies and their impact on the transformation process; and Future of the electric power industry: Will it bring the world closer together?

  17. Financial methods in competitive electricity markets

    NASA Astrophysics Data System (ADS)

    Deng, Shijie

    The restructuring of electric power industry has become a global trend. As reforms to the electricity supply industry spread rapidly across countries and states, many political and economical issues arise as a result of people debating over which approach to adopt in restructuring the vertically integrated electricity industry. This dissertation addresses issues of transmission pricing, electricity spot price modeling, as well as risk management and asset valuation in a competitive electricity industry. A major concern in the restructuring of the electricity industries is the design of a transmission pricing scheme that will ensure open-access to the transmission networks. I propose a priority-pricing scheme for zonal access to the electric power grid that is uniform across all buses in each zone. The Independent System Operator (ISO) charges bulk power traders a per unit ex ante transmission access fee based on the expected option value of the generated power with respect to the random zonal spot prices. The zonal access fee depends on the injection zone and a self-selected strike price determining the scheduling priority of the transaction. Inter zonal transactions are charged (or credited) with an additional ex post congestion fee that equals the zonal spot price difference. The unit access fee entitles a bulk power trader to either physical injection of one unit of energy or a compensation payment that equals to the difference between the realized zonal spot price and the selected strike price. The ISO manages congestion so as to minimize net compensation payments and thus, curtailment probabilities corresponding to a particular strike price may vary by bus. The rest of the dissertation deals with the issues of modeling electricity spot prices, pricing electricity financial instruments and the corresponding risk management applications. Modeling the spot prices of electricity is important for the market participants who need to understand the risk factors in

  18. Chinese Education Policy in the Context of Decentralization and Marketization: Evolution and Implications

    ERIC Educational Resources Information Center

    Ngok, Kinglun

    2007-01-01

    Education policy has been undergoing great transformation in China since the initiation of economic reforms and the open-door policy in the late 1970s. These market-oriented reforms and the pursuit of rapid economic growth in a globalized economy have significantly impacted China's education policy and development. In line with the development of…

  19. Carbon pricing, nuclear power and electricity markets

    SciTech Connect

    Cameron, R.; Keppler, J. H.

    2012-07-01

    In 2010, the NEA in conjunction with the International Energy Agency produced an analysis of the Projected Costs of Electricity for almost 200 power plants, covering nuclear, fossil fuel and renewable electricity generation. That analysis used lifetime costs to consider the merits of each technology. However, the lifetime cost analysis is less applicable in liberalised markets and does not look specifically at the viewpoint of the private investor. A follow-up NEA assessment of the competitiveness of nuclear energy against coal- and gas-fired generation under carbon pricing has considered just this question. The economic competition in electricity markets is today between nuclear energy and gas-fired power generation, with coal-fired power generation not being competitive as soon as even modest carbon pricing is introduced. Whether nuclear energy or natural gas comes out ahead in their competition depends on a number of assumptions, which, while all entirely reasonable, yield very different outcomes. The analysis in this study has been developed on the basis of daily data from European power markets over the last five-year period. Three different methodologies, a Profit Analysis looking at historic returns over the past five years, an Investment Analysis projecting the conditions of the past five years over the lifetime of plants and a Carbon Tax Analysis (differentiating the Investment Analysis for different carbon prices) look at the issue of competitiveness from different angles. They show that the competitiveness of nuclear energy depends on a number of variables which in different configurations determine whether electricity produced from nuclear power or from CCGTs generates higher profits for its investors. These are overnight costs, financing costs, gas prices, carbon prices, profit margins (or mark-ups), the amount of coal with carbon capture and electricity prices. This paper will present the outcomes of the analysis in the context of a liberalised

  20. Modeling spot markets for electricity and pricing electricity derivatives

    NASA Astrophysics Data System (ADS)

    Ning, Yumei

    Spot prices for electricity have been very volatile with dramatic price spikes occurring in restructured market. The task of forecasting electricity prices and managing price risk presents a new challenge for market players. The objectives of this dissertation are: (1) to develop a stochastic model of price behavior and predict price spikes; (2) to examine the effect of weather forecasts on forecasted prices; (3) to price electricity options and value generation capacity. The volatile behavior of prices can be represented by a stochastic regime-switching model. In the model, the means of the high-price and low-price regimes and the probabilities of switching from one regime to the other are specified as functions of daily peak load. The probability of switching to the high-price regime is positively related to load, but is still not high enough at the highest loads to predict price spikes accurately. An application of this model shows how the structure of the Pennsylvania-New Jersey-Maryland market changed when market-based offers were allowed, resulting in higher price spikes. An ARIMA model including temperature, seasonal, and weekly effects is estimated to forecast daily peak load. Forecasts of load under different assumptions about weather patterns are used to predict changes of price behavior given the regime-switching model of prices. Results show that the range of temperature forecasts from a normal summer to an extremely warm summer cause relatively small increases in temperature (+1.5%) and load (+3.0%). In contrast, the increases in prices are large (+20%). The conclusion is that the seasonal outlook forecasts provided by NOAA are potentially valuable for predicting prices in electricity markets. The traditional option models, based on Geometric Brownian Motion are not appropriate for electricity prices. An option model using the regime-switching framework is developed to value a European call option. The model includes volatility risk and allows changes

  1. Methods for Estimation of Market Power in Electric Power Industry

    NASA Astrophysics Data System (ADS)

    Turcik, M.; Oleinikova, I.; Junghans, G.; Kolcun, M.

    2012-01-01

    The article is related to a topical issue of the newly-arisen market power phenomenon in the electric power industry. The authors point out to the importance of effective instruments and methods for credible estimation of the market power on liberalized electricity market as well as the forms and consequences of market power abuse. The fundamental principles and methods of the market power estimation are given along with the most common relevant indicators. Furthermore, in the work a proposal for determination of the relevant market place taking into account the specific features of power system and a theoretical example of estimating the residual supply index (RSI) in the electricity market are given.

  2. Essays in the California electricity reserves markets

    NASA Astrophysics Data System (ADS)

    Metaxoglou, Konstantinos

    This dissertation examines inefficiencies in the California electricity reserves markets. In Chapter 1, I use the information released during the investigation of the state's electricity crisis of 2000 and 2001 by the Federal Energy Regulatory Commission to diagnose allocative inefficiencies. Building upon the work of Wolak (2000), I calculate a lower bound for the sellers' price-cost margins using the inverse elasticities of their residual demand curves. The downward bias in my estimates stems from the fact that I don't account for the hierarchical substitutability of the reserve types. The margins averaged at least 20 percent for the two highest quality types of reserves, regulation and spinning, generating millions of dollars in transfers to a handful of sellers. I provide evidence that the deviations from marginal cost pricing were due to the markets' high concentration and a principal-agent relationship that emerged from their design. In Chapter 2, I document systematic differences between the markets' day- and hour-ahead prices. I use a high-dimensional vector moving average model to estimate the premia and conduct correct inferences. To obtain exact maximum likelihood estimates of the model, I employ the EM algorithm that I develop in Chapter 3. I uncover significant day-ahead premia, which I attribute to market design characteristics too. On the demand side, the market design established a principal-agent relationship between the markets' buyers (principal) and their supervisory authority (agent). The agent had very limited incentives to shift reserve purchases to the lower priced hour-ahead markets. On the supply side, the market design raised substantial entry barriers by precluding purely speculative trading and by introducing a complicated code of conduct that induced uncertainty about which actions were subject to regulatory scrutiny. In Chapter 3, I introduce a state-space representation for vector autoregressive moving average models that enables

  3. Electricity Markets, Smart Grids and Smart Buildings

    NASA Astrophysics Data System (ADS)

    Falcey, Jonathan M.

    A smart grid is an electricity network that accommodates two-way power flows, and utilizes two-way communications and increased measurement, in order to provide more information to customers and aid in the development of a more efficient electricity market. The current electrical network is outdated and has many shortcomings relating to power flows, inefficient electricity markets, generation/supply balance, a lack of information for the consumer and insufficient consumer interaction with electricity markets. Many of these challenges can be addressed with a smart grid, but there remain significant barriers to the implementation of a smart grid. This paper proposes a novel method for the development of a smart grid utilizing a bottom up approach (starting with smart buildings/campuses) with the goal of providing the framework and infrastructure necessary for a smart grid instead of the more traditional approach (installing many smart meters and hoping a smart grid emerges). This novel approach involves combining deterministic and statistical methods in order to accurately estimate building electricity use down to the device level. It provides model users with a cheaper alternative to energy audits and extensive sensor networks (the current methods of quantifying electrical use at this level) which increases their ability to modify energy consumption and respond to price signals The results of this method are promising, but they are still preliminary. As a result, there is still room for improvement. On days when there were no missing or inaccurate data, this approach has R2 of about 0.84, sometimes as high as 0.94 when compared to measured results. However, there were many days where missing data brought overall accuracy down significantly. In addition, the development and implementation of the calibration process is still underway and some functional additions must be made in order to maximize accuracy. The calibration process must be completed before a reliable

  4. Market mature 1998 hybrid electric vehicles

    SciTech Connect

    Wyczalek, F.A.

    1998-07-01

    Beginning in 1990, the major automotive passenger vehicle manufacturers once again re-evaluated the potential of the battery powered electric vehicle (EV). This intensive effort to reduce the battery EV to commercial practice focused attention on the key issue of limited vehicle range, resulting from the low energy density and high mass characteristics of batteries, in comparison to the high energy density of liquid hydrocarbon (HC) fuels. Consequently, by 1995, vehicle manufacturers turned their attention to hybrid electric vehicles (HEV). This redirection of EV effort was highlighted finally, in 1997, at the 57th Frankfurt Motor Show, the Audi Duo parallel type hybrid was released for the domestic market as a 1998 model vehicle. Also at the 1997 32nd Tokyo Motor Show, the Toyota Hybrid System (THS) Prius was released for the domestic market as a 1998 model vehicle. This paper presents a comparative analysis of the key features of these two 1998 model year production hybrid propulsion systems. Among the conclusions, two issues are evident: one, the major manufacturers have turned to the hybrid concept in their search for solutions to the key EV issues of limited range and heating/air conditioning; and, two, the focus is now on introducing hybrid EV for test marketing domestically.

  5. Turkey opens electricity markets as demand grows

    SciTech Connect

    McKeigue, J.; Da Cunha, A.; Severino, D.

    2009-06-15

    Turkey's growing power market has attracted investors and project developers for over a decade, yet their plans have been dashed by unexpected political or financial crises or, worse, obstructed by a lengthy bureaucratic approval process. Now, with a more transparent retail electricity market, government regulators and investors are bullish on Turkey. Is Turkey ready to turn the power on? This report closely examine Turkey's plans to create a power infrastructure capable of providing the reliable electricity supplies necessary for sustained economic growth. It was compiled with on-the-ground research and extensive interview with key industrial and political figures. Today, hard coal and lignite account for 21% of Turkey's electricity generation and gas-fired plants account for 50%. The Alfin Elbistan-B lignite-fired plant has attracted criticism for its lack of desulfurization units and ash dam facilities that have tarnished the industry's image. A 1,100 MW hard-coal fired plant using supercritical technology is under construction. 9 figs., 1 tab.

  6. U.S. Renewable Electricity Market

    EPA Pesticide Factsheets

    The US green energy market is broken up into two main groups: the mandatory markets including state Renewable Portfolio Standards (RPS) and voluntary markets, also referred to as green power markets.  This page delineates this two markets.

  7. Experimental Economics for Teaching the Functioning of Electricity Markets

    ERIC Educational Resources Information Center

    Guevara-Cedeno, J. Y.; Palma-Behnke, R.; Uribe, R.

    2012-01-01

    In the field of electricity markets, the development of training tools for engineers has been extremely useful. A novel experimental economics approach based on a computational Web platform of an electricity market is proposed here for the practical teaching of electrical engineering students. The approach is designed to diminish the gap that…

  8. Experimental Economics for Teaching the Functioning of Electricity Markets

    ERIC Educational Resources Information Center

    Guevara-Cedeno, J. Y.; Palma-Behnke, R.; Uribe, R.

    2012-01-01

    In the field of electricity markets, the development of training tools for engineers has been extremely useful. A novel experimental economics approach based on a computational Web platform of an electricity market is proposed here for the practical teaching of electrical engineering students. The approach is designed to diminish the gap that…

  9. Micro-economic analysis of the physical constrained markets: game theory application to competitive electricity markets

    NASA Astrophysics Data System (ADS)

    Bompard, E.; Ma, Y. C.; Ragazzi, E.

    2006-03-01

    Competition has been introduced in the electricity markets with the goal of reducing prices and improving efficiency. The basic idea which stays behind this choice is that, in competitive markets, a greater quantity of the good is exchanged at a lower price, leading to higher market efficiency. Electricity markets are pretty different from other commodities mainly due to the physical constraints related to the network structure that may impact the market performance. The network structure of the system on which the economic transactions need to be undertaken poses strict physical and operational constraints. Strategic interactions among producers that game the market with the objective of maximizing their producer surplus must be taken into account when modeling competitive electricity markets. The physical constraints, specific of the electricity markets, provide additional opportunity of gaming to the market players. Game theory provides a tool to model such a context. This paper discussed the application of game theory to physical constrained electricity markets with the goal of providing tools for assessing the market performance and pinpointing the critical network constraints that may impact the market efficiency. The basic models of game theory specifically designed to represent the electricity markets will be presented. IEEE30 bus test system of the constrained electricity market will be discussed to show the network impacts on the market performances in presence of strategic bidding behavior of the producers.

  10. A Study of Central Auction Based Wholesale Electricity Markets

    NASA Astrophysics Data System (ADS)

    Ceppi, Sofia; Gatti, Nicola

    The deregulation of electricity markets produced significant economic benefits, reducing prices to customers and opening several opportunities for new actors, e.g., new generators and distributors. A prominent scientific and technological challenge is the automation of such markets. In particular, we focus our attention on wholesale electricity markets based on a central auction. In these markets, generators sell electricity by means of a central auction to a public authority. Instead, the distribution of electricity to customers takes part in retail markets. The main works presented in the literature model wholesale markets as oligopolies, neglecting thus the specific auction mechanism. In this paper, we enrich these models by introducing an auction mechanism shaped on that used in the Italian wholesale electricity market, we solve the winner determination problem, and we preliminarily study the problem of searching for equilibria.

  11. Market power in electric power markets: Indications of competitiveness in spatial prices for wholesale electricity

    NASA Astrophysics Data System (ADS)

    Denton, Michael John

    The issue of market delineation and power in the wholesale electric energy market is explored using three separate approaches: two of these are analyses of spatial pricing data to explore the functional size of the markets, and the third is a series of experimental tests of the effects of different cost structures and market mechanisms on oligopoly strength in those markets. An equilibrium model of spatial network competition is shown to yield linear relationships between spatial prices. A data set comprising two years of spatial weekly peak and off-peak prices and weather for 6 locations in the Western States Coordinating Council and the Southwest Power Pool is subjected to a pairwise cointegration analysis. The use of dummy variables to account the the flow directions is found to significantly improve model performance. The second analytical technique utilizes the extraction of principal components from a spatial price correlation matrix to identify the extent of natural markets. One year of daily price observations for eleven locations within the WSCC is compiled and eigenvectors are extracted and subjected to oblique rotation, each of which is then interpreted as representing a separate geographic market. The results show that two distinct natural markets, correlated at 84%, account for over 96% of the variation in the spatial prices in the WSSC. Together, the findings support the assertion that the wholesale electricity market in the Western U.S. is large and highly competitive. The experimental analysis utilizes a radial three node network in which suppliers located at the outer nodes sell to buyers located at the central node. The parameterization captures the salient characteristics of the existing bulk power markets, and includes cyclical demand, transmission losses, as well as fixed and avoidable fixed costs for all agents. Treatments varied the number of sellers, the avoidable fixed cost structures, and the trading mechanism. Results indicated that

  12. Markets and commercialization scenarios for emerging fuel cells in evolving electricity markets

    SciTech Connect

    Rastler, D.M.

    1996-12-31

    Electricity markets in the United States are undergoing unprecedented structural changes as a result of the confluence of regulatory, competitive, and technological forces. This paper introduces these structural changes and forces and discuss the implications, markets and commercialization scenarios for emerging fuel cells in evolving US electricity markets.

  13. Diesel plant retrofitting options to enhance decentralized electricity supply in Indonesia

    SciTech Connect

    Baring-Gould, E I; Barley, C D; Drouilhet, S

    1997-09-01

    Over the last 20 years, the government of Indonesia has undertaken an extensive program to provide electricity to the population of that country. The electrification of rural areas has been partially achieved through the use of isolated diesel systems, which account for about 20% of the country`s generated electricity. Due to many factors related to inefficient power production with diesels, the National Renewable Energy Laboratory, in conjunction with PLN, the Indonesian national utility, Community Power Corporation, and Idaho Power Company, analyzed options for retrofitting existing diesel power systems. This study considered the use of different combinations of advanced diesel control, the addition of wind generators, photovoltaics and batteries to reduce the systems of overall cost and fuel consumption. This analysis resulted in a general methodology for retrofitting diesel power systems. This paper discusses five different retrofitting options to improve the performance of diesel power systems. The systems considered in the Indonesian analysis are cited as examples for the options discussed.

  14. Electricity system expansion studies to consider uncertainties and interactions in restructured markets

    NASA Astrophysics Data System (ADS)

    Jin, Shan

    This dissertation concerns power system expansion planning under different market mechanisms. The thesis follows a three paper format, in which each paper emphasizes a different perspective. The first paper investigates the impact of market uncertainties on a long term centralized generation expansion planning problem. The problem is modeled as a two-stage stochastic program with uncertain fuel prices and demands, which are represented as probabilistic scenario paths in a multi-period tree. Two measurements, expected cost (EC) and Conditional Value-at-Risk (CVaR), are used to minimize, respectively, the total expected cost among scenarios and the risk of incurring high costs in unfavorable scenarios. We sample paths from the scenario tree to reduce the problem scale and determine the sufficient number of scenarios by computing confidence intervals on the objective values. The second paper studies an integrated electricity supply system including generation, transmission and fuel transportation with a restructured wholesale electricity market. This integrated system expansion problem is modeled as a bi-level program in which a centralized system expansion decision is made in the upper level and the operational decisions of multiple market participants are made in the lower level. The difficulty of solving a bi-level programming problem to global optimality is discussed and three problem relaxations obtained by reformulation are explored. The third paper solves a more realistic market-based generation and transmission expansion problem. It focuses on interactions among a centralized transmission expansion decision and decentralized generation expansion decisions. It allows each generator to make its own strategic investment and operational decisions both in response to a transmission expansion decision and in anticipation of a market price settled by an Independent System Operator (ISO) market clearing problem. The model poses a complicated tri-level structure

  15. EIA model documentation: Electricity market module - electricity fuel dispatch

    SciTech Connect

    1997-01-01

    This report documents the National Energy Modeling System Electricity Fuel Dispatch Submodule (EFD), a submodule of the Electricity Market Module (EMM) as it was used for EIA`s Annual Energy Outlook 1997. It replaces previous documentation dated March 1994 and subsequent yearly update revisions. The report catalogues and describes the model assumptions, computational methodology, parameter estimation techniques, model source code, and forecast results generated through the synthesis and scenario development based on these components. This document serves four purposes. First, it is a reference document providing a detailed description of the model for reviewers and potential users of the EFD including energy experts at the Energy Information Administration (EIA), other Federal agencies, state energy agencies, private firms such as utilities and consulting firms, and non-profit groups such as consumer and environmental groups. Second, this report meets the legal requirement of the Energy Information Administration (EIA) to provide adequate documentation in support of its statistical and forecast reports. Third, it facilitates continuity in model development by providing documentation which details model enhancements that were undertaken for AE097 and since the previous documentation. Last, because the major use of the EFD is to develop forecasts, this documentation explains the calculations, major inputs and assumptions which were used to generate the AE097.

  16. [Space Weather Impact on the Electricity Market

    NASA Technical Reports Server (NTRS)

    SaintCyr, O. Chris

    2007-01-01

    Forbes & St. Cyr (2004, hereafter "FISC") have provided evidence that the electricity market can be impacted by space weather. Our analysis indicated that the estimated market impact for PJM was 3.7 % or approximately $500 million dollars over the 19 month sample period. Kappenman has taken exception to this estimate and contends that we have exaggerated the magnitude of the problem that space weather poses to PJM. There are four specific issues: (1) he claims that we have ignored relevant literature; (2) he asserts that Dst is not an appropriate proxy for GICs in PJM; (3) he charges that our findings are inconsistent with the impact of the 17 September 2000 storm; and (4) he alleges that our discussion of October 2003 storms is misleading. In our article, we have explained our methodology, multivariate regression analysis, with a particular focus on how it compares to correlation analysis. We have also explained the limitations of our analysis. We noted that "...While the Dstlprice relationship was found to be robust, the precise estimate should be treated with a relatively high degree of caution given that econometric modeling is not an exact science as well as the fact that the measure of space weather may be a poor proxy for GICs" (paragraph 96). We have also noted that additional research using local magnetometer data are needed (paragraph 97). We did not claim that that our findings for PJM are representative of the impact of space weather on other power grids. On the contrary, we noted that ... "Only analysis of other power grids will tell. " (paragraph 97). Kappenman inaccurately asserts that we have indicated that our findings . . . "imply much higher total costs are likely across the US and elsewhere in the world." He also inaccurately asserts that we have claimed that " . . . Dst is the most suited proxy for GIC in the PJM grid.. ." Moreover, he inaccurately refers to our analysis as a correlation study that uses Dst as quasi-binary indicator.

  17. Market opportunities in electric residential cooking. Final report.

    SciTech Connect

    Bassill, S.

    1996-03-01

    At present, gas ovens and ranges are garnering an increasing share of the electric cooking market. This report evaluates the marketplace and explains the technological and educational reasons that an increasing number of consumers, dealers, builders, contractors, and original equipment manufacturers are opting for gas appliances. The report then identifies opportunities for the electric utility industry to regain residential electric cooking market shares by promoting the development and benefits of new electrotechnologies.

  18. Adaptive Portfolio Optimization for Multiple Electricity Markets Participation.

    PubMed

    Pinto, Tiago; Morais, Hugo; Sousa, Tiago M; Sousa, Tiago; Vale, Zita; Praca, Isabel; Faia, Ricardo; Pires, Eduardo Jose Solteiro

    2016-08-01

    The increase of distributed energy resources, mainly based on renewable sources, requires new solutions that are able to deal with this type of resources' particular characteristics (namely, the renewable energy sources intermittent nature). The smart grid concept is increasing its consensus as the most suitable solution to facilitate the small players' participation in electric power negotiations while improving energy efficiency. The opportunity for players' participation in multiple energy negotiation environments (smart grid negotiation in addition to the already implemented market types, such as day-ahead spot markets, balancing markets, intraday negotiations, bilateral contracts, forward and futures negotiations, and among other) requires players to take suitable decisions on whether to, and how to participate in each market type. This paper proposes a portfolio optimization methodology, which provides the best investment profile for a market player, considering different market opportunities. The amount of power that each supported player should negotiate in each available market type in order to maximize its profits, considers the prices that are expected to be achieved in each market, in different contexts. The price forecasts are performed using artificial neural networks, providing a specific database with the expected prices in the different market types, at each time. This database is then used as input by an evolutionary particle swarm optimization process, which originates the most advantage participation portfolio for the market player. The proposed approach is tested and validated with simulations performed in multiagent simulator of competitive electricity markets, using real electricity markets data from the Iberian operator-MIBEL.

  19. 77 FR 41184 - Coordination Between Natural Gas and Electricity Markets; Notice of Technical Conferences

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-07-12

    ... Energy Regulatory Commission Coordination Between Natural Gas and Electricity Markets; Notice of... regional technical conferences on Coordination between Natural Gas and Electricity Markets. The regional... jurisdiction over the rates or terms of service in wholesale electricity markets doing business wholly...

  20. 75 FR 78980 - Application to Export Electric Energy; Direct Energy Marketing, Inc.

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-12-17

    ... Application to Export Electric Energy; Direct Energy Marketing, Inc. AGENCY: Office of Electricity Delivery and Energy Reliability, DOE. ACTION: Notice of Application. SUMMARY: Direct Energy Marketing, Inc... surplus energy purchased from electric utilities, Federal power marketing agencies, and other entities...

  1. Equilibrium pricing in electricity markets with wind power

    NASA Astrophysics Data System (ADS)

    Rubin, Ofir David

    Estimates from the World Wind Energy Association assert that world total wind power installed capacity climbed from 18 Gigawatt (GW) to 152 GW from 2000 to 2009. Moreover, according to their predictions, by the end of 2010 global wind power capacity will reach 190 GW. Since electricity is a unique commodity, this remarkable expansion brings forward several key economic questions regarding the integration of significant amount of wind power capacity into deregulated electricity markets. The overall dissertation objective is to develop a comprehensive theoretical framework that enables the modeling of the performance and outcome of wind-integrated electricity markets. This is relevant because the state of knowledge of modeling electricity markets is insufficient for the purpose of wind power considerations. First, there is a need to decide about a consistent representation of deregulated electricity markets. Surprisingly, the related body of literature does not agree on the very economic basics of modeling electricity markets. That is important since we need to capture the fundamentals of electricity markets before we introduce wind power to our study. For example, the structure of the electric industry is a key. If market power is present, the integration of wind power has large consequences on welfare distribution. Since wind power uncertainty changes the dynamics of information it also impacts the ability to manipulate market prices. This is because the quantity supplied by wind energy is not a decision variable. Second, the intermittent spatial nature of wind over a geographical region is important because the market value of wind power capacity is derived from its statistical properties. Once integrated into the market, the distribution of wind will impact the price of electricity produced from conventional sources of energy. Third, although wind power forecasting has improved in recent years, at the time of trading short-term electricity forwards, forecasting

  2. Economic-efficiency considerations in restructuring electric markets

    SciTech Connect

    Hill, L.J.

    1996-12-01

    In response to the Energy Policy Act of 1992 and the Federal Energy Regulatory Commission`s subsequent rulemaking on transmission access, many states are exploring options to restructure their electric industries. In their deliberations on restructuring, policymakers should consider (1) the reliability of the electric system; (2) income-distribution effects on ratepayers and utilities; (3) social consequences such as effects on energy conservation, renewable energy, and the environment; and (4) economic efficiency. We address economic-efficiency considerations in this study. Economic efficiency is important because it is one of the primary reasons that policymakers should consider restructuring in the first place: improving the electric-industry`s efficiency lowers costs and, hence, electric prices. In this study, we look at the sources of (in)efficiency in existing and proposed electric markets with the objective of guiding policymakers to design efficient electric markets. The advantages of a competitive market are well known: it leads to lower costs for the utility, lower prices for consumers, more product choices, better customer service, and often the need for less regulation by federal and state agencies. In the short run, firms who cannot produce at the market-clearing price are forced to leave the industry, ensuring that customers have the lowest price possible. In the long run, competition promotes innovation and lower costs. The physical and institutional characteristics of the U.S. electric industry, however, could be impediments to attaining efficiently run, competitive markets. Because of these characteristics, there are multiple sources of efficiencies and inefficiencies in existing electric markets, and there will be multiple sources in restructured ones. The objective of policymakers should not be to trade one set of inefficiencies in existing electric markets for another set in restructured markets.

  3. Two essays on problems of deregulated electricity markets

    NASA Astrophysics Data System (ADS)

    Perekhodtsev, Dmitri

    Empirical test of models of unilateral and collusive market power in California's electricity market in 2000. The data from California energy crisis of 2000 suggests that the largest departures of observed electricity prices from the estimates of the competitive price occur when demand approaches market capacity. This paper studies models of unilateral and collusive market power applicable to electricity markets. Both suggest a unique mechanism explaining the increase of the price-cost margin with demand. The empirical test of these models provides more evidence for unilateral market power than for behavior suggesting tacit collusion. Economics of hydro generating plants operating in markets for energy and ancillary services. In order to preserve the stability of electricity supply, electric generators have to provide ancillary services in addition to energy production. Hydro generators are believed to be the most efficient source of ancillary services because of their good dynamic flexibility. This paper studies optimal operation decisions for river dams and pumped storage facilities operating in markets for energy and ancillary services as well as the change in the water shadow price in presence of ancillary services markets. The analysis is applied to valuation of the ancillary services provided by hydro resources in the Tennessee Valley Authority. A simulation of ancillary services markets shows that TVA's hydro resources providing ancillary services can allow for substantial savings in total costs of energy provision. Optimal hydro scheduling in markets for energy and ancillary services increases the value of TVA's hydro resources by 9% on average and up to 26% for particular units. As a result of hydro participation in ancillary services markets water shadow prices of river dams drop significantly allowing for tightening hydro constraints in favor of other water uses.

  4. Competitive Electricity Market Regulation in the United States: A Primer

    SciTech Connect

    Flores-Espino, Francisco; Tian, Tian; Chernyakhovskiy, Ilya; Chernyakhovskiy, Ilya; Miller, Mackay

    2016-12-01

    The electricity system in the United States is a complex mechanism where different technologies, jurisdictions and regulatory designs interact. Today, two major models for electricity commercialization operate in the United States. One is the regulated monopoly model, in which vertically integrated electricity providers are regulated by state commissions. The other is the competitive model, in which power producers can openly access transmission infrastructure and participate in wholesale electricity markets. This paper describes the origins, evolution, and current status of the regulations that enable competitive markets in the United States.

  5. Game-theoretic equilibrium analysis applications to deregulated electricity markets

    NASA Astrophysics Data System (ADS)

    Joung, Manho

    This dissertation examines game-theoretic equilibrium analysis applications to deregulated electricity markets. In particular, three specific applications are discussed: analyzing the competitive effects of ownership of financial transmission rights, developing a dynamic game model considering the ramp rate constraints of generators, and analyzing strategic behavior in electricity capacity markets. In the financial transmission right application, an investigation is made of how generators' ownership of financial transmission rights may influence the effects of the transmission lines on competition. In the second application, the ramp rate constraints of generators are explicitly modeled using a dynamic game framework, and the equilibrium is characterized as the Markov perfect equilibrium. Finally, the strategic behavior of market participants in electricity capacity markets is analyzed and it is shown that the market participants may exaggerate their available capacity in a Nash equilibrium. It is also shown that the more conservative the independent system operator's capacity procurement, the higher the risk of exaggerated capacity offers.

  6. Electricity market reforms: Institutional developments, investment dynamics and game modeling

    NASA Astrophysics Data System (ADS)

    Pineau, Pierre-Olivier

    The reform trend of the 1990's in electricity markets recreates, to some extent, the institutional framework from which they developed one century ago. Although these reforms do not endeavor to completely remove regulation, the basic objectives of deregulation dwell on limiting central and governmental control over the industry in order to promote free competition at all possible levels. To assess whether the electricity industry is or is not moving back to a 19th century structure is not the goal of this thesis. We will rather try to understand on what grounds deregulation reforms stand and review how different countries and large utilities have reacted to this trend. The special nature of electricity (non-storable basic good, centrally produced) creates different obstacles in the restructuring of electricity markets, compared to other industries like the airline or telecommunication ones. For example, the dominant positions of some utilities, the production structure and the importance of electricity in modern life could transform these reforms in a threatening move for consumers. Another specific issue arising from deregulation, now that national energy policy goals no longer rule the behavior of utilities, is how investment will be coordinated in the new market. A key element to keep in sight is the competition level targeted by these reforms. To which extent full competition can really occur in electricity markets remains an unanswered question. Indeed, the oligopolistic structure of the market could prevent such an outcome. An investigation of the investment dynamics in such a context seems therefore appropriate, and this will be an important theme of the thesis. This work offers an analysis of deregulated electricity markets and studies the oligopolistic market dynamics that could prevail in the new structure. Two complementary approaches are used for these purposes. The first is institutional and presents a thorough illustration of the economic arguments

  7. Modeling EU electricity market competition using the residual supply index

    SciTech Connect

    Swinand, Gregory; Scully, Derek; Ffoulkes, Stuart; Kessler, Brian

    2010-11-15

    An econometric approach to related hourly Residual Supply Index to price-cost margins in the major EU electricity generation markets suggests that market structure, as measured by the RSI, is a significant explanatory factor for markups, even when scarcity and other explanatory variables are included. (author)

  8. Export demand response in the Ontario electricity market

    SciTech Connect

    Peerbocus, Nash; Melino, Angelo

    2007-11-15

    Export responses to unanticipated price shocks can be a key contributing factor to the rapid mean reversion of electricity prices. The authors use event analysis - a technique more familiar from financial applications - to demonstrate how hourly export transactions respond to negative supply shocks in the Ontario electricity market. (author)

  9. Incorporating weather uncertainty in demand forecasts for electricity market planning

    NASA Astrophysics Data System (ADS)

    Ziser, C. J.; Dong, Z. Y.; Wong, K. P.

    2012-07-01

    A major component of electricity network planning is to ensure supply capability into the future, through generation and transmission development. Accurate forecasts of maximum demand are a crucial component of this process, with future weather conditions having a large impact on forecast accuracy. This article presents an improved methodology for the consideration of weather uncertainty in electricity demand forecasts. Case studies based on the Australian national electricity market are used to validate the proposed methodology.

  10. Economic Assessment of Hydrogen Technologies Participating in California Electricity Markets

    SciTech Connect

    Eichman, Joshua; Townsend, Aaron; Melaina, Marc

    2016-02-19

    As the electric sector evolves and increasing amounts of variable renewable generation are installed on the system, there are greater needs for system flexibility and sufficient capacity, and greater concern for overgeneration from renewable sources not well matched in time with electric loads. Hydrogen systems have the potential to support the grid in each of these areas. However, limited information is available about the economic competitiveness of hydrogen system configurations. This paper quantifies the value for hydrogen energy storage and demand response systems to participate in select California wholesale electricity markets using 2012 data. For hydrogen systems and conventional storage systems (e.g., pumped hydro, batteries), the yearly revenues from energy, ancillary service, and capacity markets are compared to the yearly cost to establish economic competitiveness. Hydrogen systems can present a positive value proposition for current markets. Three main findings include: (1) For hydrogen systems participating in California electricity markets, producing and selling hydrogen was found to be much more valuable than producing and storing hydrogen to later produce electricity; therefore systems should focus on producing and selling hydrogen and opportunistically providing ancillary services and arbitrage. (2) Tighter integration with electricity markets generates greater revenues (i.e., systems that participate in multiple markets receive the highest revenue). (3) More storage capacity, in excess of what is required to provide diurnal shifting, does not increase competitiveness in current California wholesale energy markets. As more variable renewable generation is installed, the importance of long duration storage may become apparent in the energy price or through additional markets, but currently, there is not a sufficiently large price differential between days to generate enough revenue to offset the cost of additional storage. Future work will involve

  11. Electric retail market options: The customer perspective

    SciTech Connect

    Hadley, S.W.; Hillsman, E.L.

    1995-07-01

    This report describes various options that are now available for retail electric customers, or that may become available during the next few years as the electric utility industry restructures. These options include different ways of meeting demand for energy services, different providers of service or points of contact with providers, and different pricing structures for purchased services. Purpose of this document is to examine these options from the customer`s perspective: how might being a retail electric customer in 5--10 years differ from now? Seizing opportunities to reduce cost of electric service is likely to entail working with different service providers; thus, transaction costs are involved. Some of the options considered are speculative. Some transitional options include relocation, customer-built/operated transmission lines, municipalization, self-generation, and long-term contracts with suppliers. All these may change or diminish in a restructured industry. Brokers seem likely to become more common unless restructuring takes the form of mandatory poolcos (wholesale). Some options appear robust, ie, they are likely to become more common regardless of how restructuring is accomplished: increased competition among energy carriers (gas vs electric), real-time pricing, etc. This report identified some of the qualitative differences among the various options. For customers using large amounts of electricity, different alternatives are likely to affect greatly service price, transaction costs, tailoring service to customer preferences, and risks for customer. For retail customers using small amounts of electricity, there may be little difference among the options except service price.

  12. 75 FR 57912 - Application To Export Electric Energy; Rainbow Energy Marketing Corporation

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-09-23

    ... Application To Export Electric Energy; Rainbow Energy Marketing Corporation AGENCY: Office of Electricity Delivery and Energy Reliability, DOE. ACTION: Notice of application. SUMMARY: Rainbow Energy Marketing... utilities, Federal power marketing agencies and other entities within the United States. The existing...

  13. 75 FR 38514 - Application to Export Electric Energy; Brookfield Energy Marketing LP

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-07-02

    ... Application to Export Electric Energy; Brookfield Energy Marketing LP AGENCY: Office of Electricity Delivery and Energy Reliability, DOE. ACTION: Notice of application. SUMMARY: Brookfield Energy Marketing LP... power marketing agencies and other entities within the United States. The existing international...

  14. U.S. Electricity Grid & Markets

    EPA Pesticide Factsheets

    Renewable Energy Certificates (RECs), are tradable, non-tangible energy commodities in the United States that represent proof that 1 megawatt-hour (MWh) of electricity was generated from an eligible renewable energy resource.

  15. Climate change: impacts on electricity markets in Western Europe.

    PubMed

    Golombek, Rolf; Kittelsen, Sverre A C; Haddeland, Ingjerd

    This paper studies some impacts of climate change on electricity markets, focusing on three climate effects. First, demand for electricity is affected because of changes in the temperature. Second, changes in precipitation and temperature have impact on supply of hydro electric production through a shift in the inflow of water. Third, plant efficiency for thermal generation will decrease because the temperature of water used to cool equipment increases. To find the magnitude of these partial effects, as well as the overall effects, on Western European energy markets, we use the multi-market equilibrium model LIBEMOD. We find that each of the three partial effects changes the average electricity producer price by less than 2%, while the net effect is an increase of only 1%. The partial effects on total electricity supply are small, and the net effect is a decrease of 4%. The greatest effects are found for Nordic countries with a large market share for reservoir hydro. In these countries, annual production of electricity increases by 8%, reflecting more inflow of water, while net exports doubles. In addition, because of lower inflow in summer and higher in winter, the reservoir filling needed to transfer water from summer to winter is drastically reduced in the Nordic countries.

  16. Decentralized adaptive robust control based on sliding mode and nonlinear compensator for the control of ankle movement using functional electrical stimulation of agonist-antagonist muscles

    NASA Astrophysics Data System (ADS)

    Kobravi, Hamid-Reza; Erfanian, Abbas

    2009-08-01

    A decentralized control methodology is designed for the control of ankle dorsiflexion and plantarflexion in paraplegic subjects with electrical stimulation of tibialis anterior and calf muscles. Each muscle joint is considered as a subsystem and individual controllers are designed for each subsystem. Each controller operates solely on its associated subsystem, with no exchange of information between the subsystems. The interactions between the subsystems are taken as external disturbances for each isolated subsystem. In order to achieve robustness with respect to external disturbances, unmodeled dynamics, model uncertainty and time-varying properties of muscle-joint dynamics, a robust control framework is proposed which is based on the synergistic combination of an adaptive nonlinear compensator with a sliding mode control and is referred to as an adaptive robust control. Extensive simulations and experiments on healthy and paraplegic subjects were performed to demonstrate the robustness against the time-varying properties of muscle-joint dynamics, day-to-day variations, subject-to-subject variations, fast convergence, stability and tracking accuracy of the proposed method. The results indicate that the decentralized robust control provides excellent tracking control for different reference trajectories and can generate control signals to compensate the muscle fatigue and reject the external disturbance. Moreover, the controller is able to automatically regulate the interaction between agonist and antagonist muscles under different conditions of operating without any preprogrammed antagonist activities.

  17. Decentral Smart Grid Control

    NASA Astrophysics Data System (ADS)

    Schäfer, Benjamin; Matthiae, Moritz; Timme, Marc; Witthaut, Dirk

    2015-01-01

    Stable operation of complex flow and transportation networks requires balanced supply and demand. For the operation of electric power grids—due to their increasing fraction of renewable energy sources—a pressing challenge is to fit the fluctuations in decentralized supply to the distributed and temporally varying demands. To achieve this goal, common smart grid concepts suggest to collect consumer demand data, centrally evaluate them given current supply and send price information back to customers for them to decide about usage. Besides restrictions regarding cyber security, privacy protection and large required investments, it remains unclear how such central smart grid options guarantee overall stability. Here we propose a Decentral Smart Grid Control, where the price is directly linked to the local grid frequency at each customer. The grid frequency provides all necessary information about the current power balance such that it is sufficient to match supply and demand without the need for a centralized IT infrastructure. We analyze the performance and the dynamical stability of the power grid with such a control system. Our results suggest that the proposed Decentral Smart Grid Control is feasible independent of effective measurement delays, if frequencies are averaged over sufficiently large time intervals.

  18. Demand response and electricity market efficiency

    SciTech Connect

    Spees, Kathleen; Lave, Lester B.

    2007-04-15

    Customer response is a neglected way of solving electricity industry problems. Historically, providers have focused on supply, assuming that consumers are unwilling or unable to modify their consumption. Contrary to these expectations, customers respond to higher prices that they expect to continue by purchasing more efficient appliances and taking other efficiency measures, a review of published studies indicates. (author)

  19. Misconceptions of Electric Propulsion Aircraft and Their Emergent Aviation Markets

    NASA Technical Reports Server (NTRS)

    Moore, Mark D.; Fredericks, Bill

    2014-01-01

    Over the past several years there have been aircraft conceptual design and system studies that have reached conflicting conclusions relating to the feasibility of full and hybrid electric aircraft. Some studies and propulsion discipline experts have claimed that battery technologies will need to improve by 10 to 20 times before electric aircraft can effectively compete with reciprocating or turbine engines. However, such studies have approached comparative assessments without understanding the compelling differences that electric propulsion offers, how these technologies will fundamentally alter the way propulsion integration is approached, or how these new technologies can not only compete but far exceed existing propulsion solutions in many ways at battery specific energy densities of only 400 watt hours per kilogram. Electric propulsion characteristics offer the opportunity to achieve 4 to 8 time improvements in energy costs with dramatically lower total operating costs, while dramatically improving efficiency, community noise, propulsion system reliability and safety through redundancy, as well as life cycle Green House Gas emissions. Integration of electric propulsion will involve far greater degrees of distribution than existing propulsion solutions due to their compact and scale-free nature to achieve multi-disciplinary coupling and synergistic integration with the aerodynamics, highlift system, acoustics, vehicle control, balance, and aeroelasticity. Appropriate metrics of comparison and differences in analysis/design tools are discussed while comparing electric propulsion to other disruptive technologies. For several initial applications, battery energy density is already sufficient for competitive products, and for many additional markets energy densities will likely be adequate within the next 7 years for vibrant introduction. Market evolution and early adopter markets are discussed, along with the investment areas that will fill technology gaps and

  20. Models for electricity market efficiency and bidding strategy analysis

    NASA Astrophysics Data System (ADS)

    Niu, Hui

    This dissertation studies models for the analysis of market efficiency and bidding behaviors of market participants in electricity markets. Simulation models are developed to estimate how transmission and operational constraints affect the competitive benchmark and market prices based on submitted bids. This research contributes to the literature in three aspects. First, transmission and operational constraints, which have been neglected in most empirical literature, are considered in the competitive benchmark estimation model. Second, the effects of operational and transmission constraints on market prices are estimated through two models based on the submitted bids of market participants. Third, these models are applied to analyze the efficiency of the Electric Reliability Council Of Texas (ERCOT) real-time energy market by simulating its operations for the time period from January 2002 to April 2003. The characteristics and available information for the ERCOT market are considered. In electricity markets, electric firms compete through both spot market bidding and bilateral contract trading. A linear asymmetric supply function equilibrium (SFE) model with transmission constraints is proposed in this dissertation to analyze the bidding strategies with forward contracts. The research contributes to the literature in several aspects. First, we combine forward contracts, transmission constraints, and multi-period strategy (an obligation for firms to bid consistently over an extended time horizon such as a day or an hour) into the linear asymmetric supply function equilibrium framework. As an ex-ante model, it can provide qualitative insights into firms' behaviors. Second, the bidding strategies related to Transmission Congestion Rights (TCRs) are discussed by interpreting TCRs as linear combination of forwards. Third, the model is a general one in the sense that there is no limitation on the number of firms and scale of the transmission network, which can have

  1. Will electricity market reform likely reduce retail rates?

    SciTech Connect

    Woo, C.K.; Zarnikau, Jay

    2009-03-15

    To win public support, proponents for electricity market reform to introduce competition often promise that the post-reform retail rates will be lower than the average embedded cost rates that would have prevailed under the status quo of a regulated monopoly. A simple economic analysis shows that such a promise is unlikely to occur without the critical assumption that the post-reform market has marginal costs below average costs. (author)

  2. Energy Market Transparency: Analyzing the Impacts of Constraint Relaxation and Out-of-Market Correction Practices in Electric Energy Markets

    NASA Astrophysics Data System (ADS)

    Al-Abdullah, Yousef Mohammad

    This work presents research on practices in the day-ahead electric energy market, including replication practices and reliability coordinators used by some market operators to demonstrate the impact these practices have on market outcomes. The practice of constraint relaxations similar to those an Independent System Operator (ISO) might perform in day-ahead market models is implemented. The benefits of these practices are well understood by the industry; however, the implications these practices have on market outcomes and system security have not been thoroughly investigated. By solving a day-ahead market model with and without select constraint relaxations and comparing the resulting market outcomes and possible effects on system security, the effect of these constraint relaxation practices is demonstrated. Proposed market solutions are often infeasible because constraint relaxation practices and approximations that are incorporated into market models. Therefore, the dispatch solution must be corrected to ensure its feasibility. The practice of correcting the proposed dispatch solution after the market is solved is known as out-of-market corrections (OMCs), defined as any action an operator takes that modifies a proposed day-ahead dispatch solution to ensure operating and reliability requirements. The way in which OMCs affect market outcomes is illustrated through the use of different corrective procedures. The objective of the work presented is to demonstrate the implications of these industry practices and assess the impact these practices have on market outcomes.

  3. Synergistic application of cardiac sympathetic decentralization and comprehensive psychiatric treatment in the management of anxiety and electrical storm

    PubMed Central

    Khalsa, Sahib S.; Shahabi, Leila; Ajijola, Olujimi A.; Bystritsky, Alexander; Naliboff, Bruce D.; Shivkumar, Kalyanam

    2014-01-01

    We report here, for the first time, two cases demonstrating a synergistic application of bilateral cardiac sympathetic decentralization and multimodal psychiatric treatment for the assessment and management of anxiety following recurrent Implantable Cardioverter Defibrillator (ICD) shocks. In a first case the combination of bilateral cardiac sympathetic decentralization (BCSD), cognitive behavioral psychotherapy and anxiolytic medication was sufficient to attenuate the patient's symptoms and maladaptive behaviors, with a maintained benefit at 1 year. Among the more prominent subjective changes in the post-lesion state we observed a decrease in aversive interoceptive sensations, particularly of the heartbeat. The patient continued to experience cognitive threat appraisals on a frequent basis, although these were no longer incapacitating. In a second case, we report the effect of BCSD on autonomic tone and subjective state. In the post-lesion state we observed attenuated sympathetic responses to the valsalva maneuver, isometric handgrip and mental arithmetic stressor, including decreased systolic and diastolic blood pressure and, decreased skin conductance. Collectively, these preliminary findings suggest that an integrative, multidisciplinary approach to treating anxiety disorders in the setting of ventricular arrhythmias and recurrent ICD shocks can result in sustained improvements in physical, psychological, and functional status. These findings raise the possibility of a potential role for the stellate ganglion in the modulation of emotional experience and afferent transmission of interoceptive information to the central nervous system. PMID:24427121

  4. Basic Studies on Chaotic Characteristics of Electric Power Market Price

    NASA Astrophysics Data System (ADS)

    Takeuchi, Yuya; Miyauchi, Hajime; Kita, Toshihiro

    Recently, deregulation and reform of electric power utilities have been progressing in many parts of the world. In Japan, partial deregulation has been started from generation sector since 1995 and partial deregulation of retail sector is executed through twice law revisions. Through the deregulation, because electric power is traded in the market and its price is always fluctuated, it is important for the electric power business to analyze and predict the price. Although the price data of the electric power market is time series data, it is not always proper to analyze by the linear model such as ARMA because the price sometimes changes suddenly. Therefore, in this paper, we apply the methods of chaotic time series analysis, one of non-linear analysis methods, and investigate the chaotic characteristics of the system price of JEPX.

  5. Taming instabilities in power grid networks by decentralized control

    NASA Astrophysics Data System (ADS)

    Schäfer, B.; Grabow, C.; Auer, S.; Kurths, J.; Witthaut, D.; Timme, M.

    2016-05-01

    Renewables will soon dominate energy production in our electric power system. And yet, how to integrate renewable energy into the grid and the market is still a subject of major debate. Decentral Smart Grid Control (DSGC) was recently proposed as a robust and decentralized approach to balance supply and demand and to guarantee a grid operation that is both economically and dynamically feasible. Here, we analyze the impact of network topology by assessing the stability of essential network motifs using both linear stability analysis and basin volume for delay systems. Our results indicate that if frequency measurements are averaged over sufficiently large time intervals, DSGC enhances the stability of extended power grid systems. We further investigate whether DSGC supports centralized and/or decentralized power production and find it to be applicable to both. However, our results on cycle-like systems suggest that DSGC favors systems with decentralized production. Here, lower line capacities and lower averaging times are required compared to those with centralized production.

  6. Model documentation: Electricity market module, electricity finance and pricing submodule

    SciTech Connect

    Not Available

    1994-04-07

    The purpose of this report is to define the objectives of the model, describe its basic approach, and provide detail on how it works. The EFP is a regulatory accounting model that projects electricity prices. The model first solves for revenue requirements by building up a rate base, calculating a return on rate base, and adding the allowed expenses. Average revenues (prices) are calculated based on assumptions regarding regulator lag and customer cost allocation methods. The model then solves for the internal cash flow and analyzes the need for external financing to meet necessary capital expenditures. Finally, the EFP builds up the financial statements. The EFP is used in conjunction with the National Energy Modeling System (NEMS). Inputs to the EFP include the forecast generating capacity expansion plans, operating costs, regulator environment, and financial data. The outputs include forecasts of income statements, balance sheets, revenue requirements, and electricity prices.

  7. Load As A Reliability Resource in the Restructured Electricity Market

    SciTech Connect

    Kueck, J.D.

    2002-06-10

    Recent electricity price spikes are painful reminders of the value that meaningful demand-side responses could bring to the restructuring US electricity system. Review of the aggregate offers made by suppliers confirms that even a modest increase in demand elasticity could dramatically reduce these extremes in price volatility. There is a strong need for dramatically increased customer participation in these markets to enhance system reliability and reduce price volatility. Indeed, allowing customers to manage their loads in response to system conditions might be thought of as the ultimate reliability resource. Most would agree that meaningful demand-side responses to price are the hallmark of a well-functioning competitive market [1]. Yet, in today's markets for electricity, little or no such response is evident. The reason is simple: customers currently do not experience directly the time-varying costs of their consumption decisions. Consequently, they have no incentive to modify these decisions in ways that might enhance system reliability or improve the efficiency of the markets in which electricity is traded. Increased customer participation is a necessary step in the evolution toward more efficient markets for electricity and ancillary services. This scoping report provides a three-part assessment of the current status of efforts to enhance the ability of customer's load to participate in competitive markets with a specific focus on the role of customer loads in enhancing electricity system reliability. First, this report considers the definitions of electricity-reliability-enhancing ancillary services (Section 2) and a preliminary assessment of the ability of customer's loads to provide these services. Second, is a review a variety of programs in which load has been called on as a system reliability resource (Section 3). These experiences, drawn from both past and current utility and ISO programs, focus on programs triggered by system condition (e

  8. Essays on wholesale auctions in deregulated electricity markets

    NASA Astrophysics Data System (ADS)

    Baltaduonis, Rimvydas

    2007-12-01

    The early experience in the restructured electric power markets raised several issues, including price spikes, inefficiency, security, and the overall relationship of market clearing prices to generation costs. Unsatisfactory outcomes in these markets are thought to have resulted in part from strategic generator behaviors encouraged by inappropriate market design features. In this dissertation, I examine the performance of three auction mechanisms for wholesale power markets - Offer Cost Minimization auction, Payment Cost Minimization auction and Simple-Offer auction - when electricity suppliers act strategically. A Payment Cost Minimization auction has been proposed as an alternative to the traditional Offer Cost Minimization auction with the intention to solve the problem of inflated wholesale electricity prices. Efficiency concerns for this proposal were voiced due to insights predicated on the assumption of true production cost revelation. Using a game theoretic approach and an experimental method, I compare the two auctions, strictly controlling for the level of unilateral market power. A specific feature of these complex-offer auctions is that the sellers submit not only the quantities and the minimum prices that they are willing to sell at, but also the start-up fees, which are designed to reimburse the fixed start-up costs of the generation plants. I find that the complex structure of the offers leaves considerable room for strategic behavior, which consequently leads to anti-competitive and inefficient market outcomes. In the last chapter of my dissertation, I use laboratory experiments to contrast the performance of two complex-offer auctions against the performance of a simple-offer auction, in which the sellers have to recover all their generation costs - fixed and variable - through a uniform market-clearing price. I find that a simple-offer auction significantly reduces consumer prices and lowers price volatility. It mitigates anti-competitive effects

  9. Proceedings: Eleventh forecasting symposium. Forecasting in a competitive electricity market

    SciTech Connect

    Vogt, T.; Ignelzi, P.

    1998-10-01

    EPRI`s Eleventh Forecasting Symposium: ``Forecasting in a Competitive Electricity Market`` was held in Arlington, Virginia, in November 1997. This proceedings documents the symposium`s wide variety of topics, ranging from very-short-term operations issues to mid-term market planning issues. Speakers described the forecasting practices of other industries, predicted forecasting directions in the electric power industry; related their experiences with new forecasting approaches; and suggested further enhancements to forecasting methods, tools, and data. The objectives of the symposium were to explore the expanding roles of forecasting in a competitive market, to exchange information about forecasting techniques under development, and to discuss the forecasting techniques currently used by the electric power industry in and outside the US and in other industries. The 30 papers are arranged under the following topical sections: restructuring and regulatory issues--implications for forecasting; forecasting experiences in other industries; operations-related forecasting; data warehousing and database marketing; forecasting and risk management; understanding and predicting market prices; forecasting methods for the new environment; predicting customer response; and symposium wrap-up.

  10. The origins of political electricity: Market failure or political opportunism?

    SciTech Connect

    Bradley, R.L. Jr.

    1996-12-31

    The current debate over restructuring the electric industry, which includes such issues as displacing the regulatory covenant, repealing the Public Utility Holding Company Act, and privatizing municipal power systems, the Rural Utilities Service (formerly Rural Electrification Administration), and federally owned power systems, makes a look back at the origins of political electricity relevant. The thesis of this essay, that government intervention into electric markets was not the result of market failures but, rather, represented business and political opportunism, suggests that the intellectual and empirical case for market-oriented reform is even stronger than would otherwise be the case. A major theme of applied political economy is the dynamics of government intervention in the marketplace. Because interventions are often related, an analytical distinction can be made between basis point and cumulative intervention. Basis point regulation, taxation, or subsidizaion is the opening government intervention into a market setting; cumulative intervention is further regulation, taxation, or subsidization that is attributable to the effects of prior (basis point or cumulative) intervention. The origins and maturation of political electricity, as will be seen, are interpretable through this theoretical framework.

  11. Essays on carbon abatement and electricity markets

    NASA Astrophysics Data System (ADS)

    Taber, John Timothy

    In the first chapter of this dissertation, I study the effects of a number of policies which affect the electric grid using the SuperOPF, a full AC optimization/simulation framework with optimal investment developed at Cornell University. A 36-node model of the Northeast Power Coordinating Council is used to test policies that aim to reduce CO2, other emissions, or otherwise impact the operation of the electric grid: a base case, with no new environmental legislation; enactment of the Kerry-Lieberman CO2 allowance proposal in 2012; following Fukishima, a retirement of all US nuclear plants by 2022 with and without Kerry-Lieberman; marginal damages from SO2 and NOX emissions charged to coal, gas and oil-fired generation; plug-in hybrid electric vehicle load filling; wind incentives in place; and two cases which combine these. The cases suggest that alternative policies may have very different outcomes in terms of electricity prices, emissions, and health outcomes. In all cases, however, the optimal strategy for future investment is investment in new natural gas combined cycle plants. Policies can change how much new generation is built, whether other plants are built, or what types of plants are retired. The second chapter of my dissertation utilizes the SuperOPF and the model of the Northeast Power Coordinating Council to analyze the issue of carbon leakage. I analyze the effects of a regionally-limited carbon cap and trade program, the Regional Greenhouse Initiative (RGGI), when additional generating assets in non-affected states are included in the analysis. In the face of different carbon prices on generating assets in covered and non-covered states, generation is expected to shift from states bound by RGGI to states outside of RGGI. This carbon leakage may undermine some or all of the benefits of RGGI while simultaneously increasing prices for customers in the area. Even though carbon prices under RGGI are very low, some leakage is occurring, and this leakage

  12. Electric motors: Markets, trends, and applications. Final report

    SciTech Connect

    Not Available

    1992-06-01

    Electric motors play an important role in nearly all sectors of the US economy. Typical motor applications range from air conditioning and appliances in the residential sector, to cooling and space heating in the commercial sector, to materials handling and processing in the industrial sectors. Motors in the residential sector consumed nearly 352 billion kilowatthours (BkWh) in 1985, in the commercial sector 279 BkWh, and the industrial sector 552 BkWh. Approximately 87% of electric motor electricity use in the industrial sector was consumed in manufacturing processes, while the process industries consumed more than half of the manufacturing sector`s electric motor electricity use. The total motor population in all sectors in 1987 stood just shy of 1.02 billion, 90% of which are less than one horsepower (HP) in size. An increasing percentage of the motor population is comprised of high efficiency motors, as classified by the National Electrical Manufacturers Association (NEMA). High efficiency motors offer end-users greater energy and cost savings than do their standard efficiency counterparts. This report provides an overview of the history of the electric motor, a brief description of the electromechanical theory behind motor operations, and offers a statistical review of the size and distribution of the electric motor market. The report also presents data on sector motor electricity use, describes current and potential motor application opportunities, and details areas in which further research and development may be needed.

  13. Demand responsive programs - an emerging resource for competitive electricity markets?

    SciTech Connect

    Heffner, Grayson C. Dr.; Goldman, Charles A.

    2001-06-25

    The restructuring of regional electricity markets in the U.S. has been accompanied by numerous problems, including generation capacity shortages, transmission congestion, wholesale price volatility, and reduced system reliability. These problems have created significant new opportunities for technologies and business approaches that allow load serving entities and other aggregators, to control and manage the load patterns of their wholesale or retail end-users. These technologies and business approaches for manipulating end-user load shapes are known as Load Management or, more recently, Demand Responsive programs. Lawrence Berkeley National Laboratory (LBNL) is conducting case studies on innovative demand responsive programs and presents preliminary results for five case studies in this paper. These case studies illustrate the diversity of market participants and range of technologies and business approaches and focus on key program elements such as target markets, market segmentation and participation results; pricing scheme; dispatch and coordination; measurement, verification, and settlement; and operational results where available.

  14. Electricity Market Module: Electricity finance and pricing submodule

    SciTech Connect

    1996-06-01

    The purpose of this report is to document the updates to the Electricity Financial Pricing Module (EFP) to reflect the rate impacts of nuclear decommissioning. The EFP is part of the National Energy Modeling System (NEMS). The updates to the EFP related to nuclear decommissioning include both changes to the underlying data base and the methodology. Nuclear decommissioning refers to the activities performed to take a nuclear plant permanently out of service. The costs of nuclear decommissioning are substantial and uncertain. The recovery of these costs from ratepayers is to occur over the operating life of the nuclear plant. Utilities are obligated to make estimates of the nuclear decommissioning cost every few years. Given this estimate, utilities are to assess a charge upon ratepayers, such that over the operating life of the plant they collect sufficient funds to pay for the decommissioning. However, cost estimates for decommissioning have been increasing and it appears that utilities have not been collecting adequate funds to date. In addition, there is a real risk that many nuclear plants may be closed earlier than originally planned, further exacerbating the under collection problem. The updates performed in this project provide the EFP with the capability to analyze these issues. The remainder of this document is divided into two discussions: (1) Nuclear Decommissioning Data Base, and (2) Methodology. Appendix A contains the actual data base developed during the project.

  15. Dynamic Interaction between Cap & Trade and Electricity Markets

    NASA Astrophysics Data System (ADS)

    Jeev, Kumar

    Greenhouse Gases (GHG), such as Carbon-Dioxide (CO2), which is released in the atmosphere due to anthropogenic activities like power production, are now accepted as the main culprits for global warming. The Regional Greenhouse Gas Initiative (RGGI), an initiative of the North East and Mid-Atlantic States of the United States (US) for limiting the emission of GHG, has developed a regional cap-and-trade program for CO2 emissions for power plants. Existing cap-and-trade programs in US and Europe for Greenhouse Gases have recently been plagued by over-allocation. Carbon prices recently collapsed in all these markets during the global recession. Since then, there have been significant policy changes, which have resulted in the adoption of aggressive emission cap targets by most major carbon emission markets. This is expected to make carbon emissions availability more restrictive, raising the prices of these credits. These emissions markets are expected to have a major impact on the wholesale electricity markets. Two models to study the interaction of these two markets are presented. These models assess the impact of the emissions market on wholesale electricity prices. The first model characterizes the competition between two types of power plants (coal and gas) in both the electricity and emissions markets as a dynamic game using the Cournot approximation. Under this approximation, we find that in the Nash equilibrium the plants increase their permit allocation to high-demand periods and the marginal value of each credit for a plant is identical in all periods under their optimal equilibrium strategy. The second numerical model allows us to explicitly evaluate the closed loop equilibrium of the dynamic interaction of two competitors in these markets. We find that plants often try to corner the market and push prices all the way to the price cap. Power plants derive most of their profits from these extreme price regimes. In the experiments where trading is allowed

  16. 77 FR 43280 - Coordination Between Natural Gas and Electricity Markets; Supplemental Notice of Technical...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-07-24

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Coordination Between Natural Gas and Electricity Markets; Supplemental... the conferences. \\1\\ Coordination between Natural Gas and Electricity Markets, Docket No....

  17. Stratum Electricity Markets: Toward Multi-temporal Distributed Risk Management for Sustainable Electricity Provision

    NASA Astrophysics Data System (ADS)

    Wu, Zhiyong (Richard)

    Motivated by the overall challenge of ensuring long-term sustainable electricity service, we view this challenge as a long-term decision making problem under uncertainties. We start by recognizing that, independent of the industry organization, the uncertainties are enormous and often exogenous to the energy service providers. They are multi-dimensional and are result of fundamental drivers, ranging from the supply side, through the demand side, to the regulatory and policy sides. The basic contribution of this thesis comes from the recognition that long-term investments for ensuring reliable and stable electricity service critically depend on how these uncertainties are perceived, valued and managed by the different stakeholders within the complex industry organization such as the electric power industry. We explain several reasons why price signals obtained from current short-term electricity markets alone are not sufficient enough for long-term sustainable provision. Some enhancements are presented in the thesis to improve the short-term electricity market price signals to reflect the true cost of operation. New market mechanisms and instruments are needed to facilitate the stakeholders to better deal with long-term risks. The problems of ensuring long-term stable reliable service in the sense of the traditional resource adequacy requirements are revisited in both the restructuring industry and regulated industry. We introduce a so-called Stratum Electricity Market (SEM) design as the basic market mechanism for solving the problem of long-term reliable electricity service through a series of interactive multi-lateral market exchange platforms for risks communication, management and evaluations over various time horizons and by the different groups of stakeholders. In other words, our proposed SEM is a basic IT-enabled framework for the decision making processes by various parties over different time. Because of the uniqueness of electricity as a commodity, the

  18. Fast Change Point Detection for Electricity Market Analysis

    SciTech Connect

    Berkeley, UC; Gu, William; Choi, Jaesik; Gu, Ming; Simon, Horst; Wu, Kesheng

    2013-08-25

    Electricity is a vital part of our daily life; therefore it is important to avoid irregularities such as the California Electricity Crisis of 2000 and 2001. In this work, we seek to predict anomalies using advanced machine learning algorithms. These algorithms are effective, but computationally expensive, especially if we plan to apply them on hourly electricity market data covering a number of years. To address this challenge, we significantly accelerate the computation of the Gaussian Process (GP) for time series data. In the context of a Change Point Detection (CPD) algorithm, we reduce its computational complexity from O($n^{5}$) to O($n^{2}$). Our efficient algorithm makes it possible to compute the Change Points using the hourly price data from the California Electricity Crisis. By comparing the detected Change Points with known events, we show that the Change Point Detection algorithm is indeed effective in detecting signals preceding major events.

  19. Lithium Battery Power Delivers Electric Vehicles to Market

    NASA Technical Reports Server (NTRS)

    2008-01-01

    Hybrid Technologies Inc., a manufacturer and marketer of lithium-ion battery electric vehicles, based in Las Vegas, Nevada, and with research and manufacturing facilities in Mooresville, North Carolina, entered into a Space Act Agreement with Kennedy Space Center to determine the utility of lithium-powered fleet vehicles. NASA contributed engineering expertise for the car's advanced battery management system and tested a fleet of zero-emission vehicles on the Kennedy campus. Hybrid Technologies now offers a series of purpose-built lithium electric vehicles dubbed the LiV series, aimed at the urban and commuter environments.

  20. 77 FR 50100 - Coordination Between Natural Gas and Electricity Markets; Supplemental Notice of Technical...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-08-20

    ... Energy Regulatory Commission Coordination Between Natural Gas and Electricity Markets; Supplemental... the conference. \\1\\ Coordination between Natural Gas and Electricity Markets, Docket No. AD12-12-000.../2012-16997.pdf ). \\2\\ Coordination between Natural Gas and Electricity Markets, Docket No....

  1. 77 FR 45600 - Coordination Between Natural Gas and Electricity Markets; Supplemental Notice of Technical...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-08-01

    ...] Coordination Between Natural Gas and Electricity Markets; Supplemental Notice of Technical Conference As... Natural Gas and Electricity Markets, Docket No. AD12-12-000 (July 5, 2012) (Notice of Technical... and Electricity Markets, Docket No. AD12-12-000 (July 17, 2012) (Supplemental Notice of...

  2. 78 FR 21934 - Coordination Between Natural Gas and Electricity Markets; Supplemental Notice of Technical...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2013-04-12

    ... Energy Regulatory Commission Coordination Between Natural Gas and Electricity Markets; Supplemental... between Natural Gas and Electricity Markets, Docket No. AD12-12-000 (Mar. 5, 2013) (Notice of Technical.... TN12AP13.001 Coordination between Natural Gas and Electricity Markets Docket No. AD12-12-000 April 25,...

  3. 77 FR 11515 - Application to Export Electric Energy; NRG Power Marketing LLC

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-02-27

    ... Application to Export Electric Energy; NRG Power Marketing LLC AGENCY: Office of Electricity Delivery and Energy Reliability, DOE. ] ACTION: Notice of application. SUMMARY: NRG Power Marketing LLC (NRGPML) has... would be surplus energy purchased from electric utilities and Federal power marketing agencies within...

  4. 75 FR 12737 - Applications To Export Electric Energy; Noble Energy Marketing and Trade Corp.

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-03-17

    ... Applications To Export Electric Energy; Noble Energy Marketing and Trade Corp. AGENCY: Office of Electricity... applications, Noble Energy Marketing and Trade Corp. (NEMT) has applied for authority to transmit electric..., Federal power marketing agencies, and other entities within the United States. NEMT has requested...

  5. 75 FR 80482 - Application To Export Electric Energy; TransCanada Power Marketing Ltd.

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-12-22

    ... Application To Export Electric Energy; TransCanada Power Marketing Ltd. AGENCY: Office of Electricity Delivery and Energy Reliability, DOE. ACTION: Notice of Application. SUMMARY: TransCanada Power Marketing Ltd... electric utilities, Federal power marketing agencies, and other entities within the United States. The...

  6. Strategic bidding for load serving entity in electricity markets

    NASA Astrophysics Data System (ADS)

    AlZahrani, Hashim A.

    The objective of this thesis is to study different options of load serving entities (LSEs) in electricity markets. Two models of pool-based electricity market have been studied. The difference between them is in the effect of transmission constraints. Transmission Constraints are neglected in the first model. Various bidding scenarios are presented in the first model to study the effect of retail, interruptible, and bidding prices on the profit of single LSE utilizing Monte Carlo simulation method. Genetic algorithm optimization tool is used to get the optimal bidding. In the second model, a new approach is presented to study the impact of transmission constraints (TCs) on the profit of LSE and its bidding strategy utilizing IEEE 30 bus system. Different pricing settlements then tested the effects of TCs to investigate the best pricing option. It has been shown that the first rejected bid settlement is the best selection for load serving entity.

  7. Electricity generation and transmission planning in deregulated power markets

    NASA Astrophysics Data System (ADS)

    He, Yang

    This dissertation addresses the long-term planning of power generation and transmission facilities in a deregulated power market. Three models with increasing complexities are developed, primarily for investment decisions in generation and transmission capacity. The models are presented in a two-stage decision context where generation and transmission capacity expansion decisions are made in the first stage, while power generation and transmission service fees are decided in the second stage. Uncertainties that exist in the second stage affect the capacity expansion decisions in the first stage. The first model assumes that the electric power market is not constrained by transmission capacity limit. The second model, which includes transmission constraints, considers the interactions between generation firms and the transmission network operator. The third model assumes that the generation and transmission sectors make capacity investment decisions separately. These models result in Nash-Cournot equilibrium among the unregulated generation firms, while the regulated transmission network operator supports the competition among generation firms. Several issues in the deregulated electric power market can be studied with these models such as market powers of generation firms and transmission network operator, uncertainties of the future market, and interactions between the generation and transmission sectors. Results deduced from the developed models include (a) regulated transmission network operator will not reserve transmission capacity to gain extra profits; instead, it will make capacity expansion decisions to support the competition in the generation sector; (b) generation firms will provide more power supplies when there is more demand; (c) in the presence of future uncertainties, the generation firms will add more generation capacity if the demand in the future power market is expected to be higher; and (d) the transmission capacity invested by the

  8. Electric power competition & the economic doctrine of contestable markets

    SciTech Connect

    Owan, R.E.

    1995-06-01

    This paper addresses electric power competition and ascribes a prototypical market structure for the utility industry. The advent of {open_quotes}limited{close_quotes} competition in the electric utility industry has created interesting market challenges for incumbent companies and those eager to enter the fray. Competition is viewed as limited in the sense that not all aspects of the utility industry have been deregulated. While transmission and distribution remain protected market segments, the metamorphosis is most evident in the generation component of the utility industry. The changes have been orchestrated by favorable actions by the Federal Energy Regulatory Commission (FERC) and Public Utilities Regulatory Policies Act (PURPA). Because of the industry changes, the classical view of the electric utility company as a vertical monopoly is arguable. Welfare considerations not withstanding, part of the rationale for the deregulation of power generation is that the technology and techniques are sufficiently common (i.e. not proprietary) as to allow others to provide the same product or service at competitive prices.

  9. Essays on microgrids, asymmetric pricing and market power in electricity markets

    NASA Astrophysics Data System (ADS)

    Lo Prete, Chiara

    This dissertation presents four studies of the electricity industry. The first and second essays use economic-engineering models to assess different aspects of microgrid penetration in regional electricity markets, while the last two studies contain empirical analyses aimed at evaluating the performance of wholesale electricity markets. Chapter 2 develops a framework to quantify economic, environmental, efficiency and reliability impacts of different power production scenarios in a regional system, focusing on the interaction of microgrids with the existing transmission and distribution grid. The setting is the regional network formed by Belgium, France, Germany and the Netherlands. The study presents simulations of power market outcomes under various policies and levels of microgrid penetration, and evaluates them using a diverse set of metrics. Chapter 3 studies the interaction between a microgrid and a regulated electric utility in a regional electricity market. I consider the interaction among the utility, the microgrid developer and consumers in the framework of cooperative game theory (assuming exchangeable utility), and use regional market models to simulate scenarios in which microgrid introduction may or may not be socially beneficial. Under the assumptions of this chapter, customer participation is essential to the development of socially beneficial microgrids, while the utility has little or no gain from it. Discussed incentives to avoid that utilities block microgrid entry include additional revenue drivers related to microgrid connection, decoupling and performance-based mechanisms targeted at service quality. When prices are below marginal costs of utility provided power, microgrid development may be socially beneficial, but unprofitable for microgrid customers and its developer. By imposing lower charges and higher remuneration for its services, the regulator could ensure that microgrid value is positive, without adversely impacting the utility

  10. Demand Response in U.S. Electricity Markets: Empirical Evidence

    SciTech Connect

    Cappers, Peter; Goldman, Charles; Kathan, David

    2009-06-01

    Empirical evidence concerning demand response (DR) resources is needed in order to establish baseline conditions, develop standardized methods to assess DR availability and performance, and to build confidence among policymakers, utilities, system operators, and stakeholders that DR resources do offer a viable, cost-effective alternative to supply-side investments. This paper summarizes the existing contribution of DR resources in U.S. electric power markets. In 2008, customers enrolled in existing wholesale and retail DR programs were capable of providing ~;;38,000 MW of potential peak load reductions in the United States. Participants in organized wholesale market DR programs, though, have historically overestimated their likely performance during declared curtailments events, but appear to be getting better as they and their agents gain experience. In places with less developed organized wholesale market DR programs, utilities are learning how to create more flexible DR resources by adapting legacy load management programs to fit into existing wholesale market constructs. Overall, the development of open and organized wholesale markets coupled with direct policy support by the Federal Energy Regulatory Commission has facilitated new entry by curtailment service providers, which has likely expanded the demand response industry and led to product and service innovation.

  11. The value of electricity storage in energy-only electricity markets

    NASA Astrophysics Data System (ADS)

    McConnell, D.; Forcey, T.; Sandiford, M.

    2015-12-01

    Price volatility and the prospect of increasing renewable energy generation have raised interest in the potential opportunities for storage technologies in energy-only electricity markets. In this paper we explore the value of a price-taking storage device in such a market, the National Electricity Market (NEM) in Australia. Our analysis suggests that under optimal operation, there is little value in having more than six hours of storage in this market. However, the inability to perfectly forecast wholesale prices, particularly extreme price spikes, may warrant some additional storage. We found that storage devices effectively provide a similar service as peak generators (such as Open Cycle Gas Turbines) and are similarly dependent on and exposed to extreme price events, with revenue for a merchant generator highly skewed to a few days of the year. In contrast to previous studies, this results in the round trip efficiency of the storage being relatively insignificant. Financing using hedging strategies similar to a peak generator effectively reduces the variability of revenue and exposure of storage to extreme prices. Our case study demonstrates that storage may have a competitive advantage over other peaking generators on the NEM, due to its ability to earn revenue outside of extreme peak events. As a consequence the outlook for storage options on the NEM is dependent on volatility, in turn dependent on capacity requirements. Further to this, increased integration of renewable energy may both depend on storage and improve the outlook for storage in technologies in electricity markets.

  12. Market Evolution: Wholesale Electricity Market Design for 21st Century Power Systems

    SciTech Connect

    Cochran, Jaquelin; Miller, Mackay; Milligan, Michael; Ela, Erik; Arent, Douglas; Bloom, Aaron; Futch, Matthew; Kiviluoma, Juha; Holtinnen, Hannele; Orths, Antje; Gomez-Lazaro, Emilio; Martin-Martinez, Sergio; Kukoda, S.; Garcia, Glycon; Mikkelsen, Kim M.; Yongqiang, Zhao; Sandholt, Kaare

    2013-10-01

    Demand for affordable, reliable, domestically sourced, and low-carbon electricity is on the rise. This growing demand is driven in part by evolving public policy priorities, especially reducing the health and environmental impacts of electricity service and expanding energy access to under-served customers. Consequently, variable renewable energy resources comprise an increasing share ofelectricity generation globally. At the same time, new opportunities for addressing the variability of renewables are being strengthened through advances in smart grids, communications, and technologies that enable dispatchable demand response and distributed generation to extend to the mass market. A key challenge of merging these opportunities is market design -- determining how to createincentives and compensate providers justly for attributes and performance that ensure a reliable and secure grid -- in a context that fully realizes the potential of a broad array of sources of flexibility in both the wholesale power and retail markets. This report reviews the suite of wholesale power market designs in use and under consideration to ensure adequacy, security, and flexibilityin a landscape of significant variable renewable energy. It also examines considerations needed to ensure that wholesale market designs are inclusive of emerging technologies, such as demand response, distributed generation, and storage.

  13. Hierarchical dispatch using two-stage optimisation for electricity markets in smart grid

    NASA Astrophysics Data System (ADS)

    Yang, Jie; Zhang, Guoshan; Ma, Kai

    2016-11-01

    This paper proposes a hierarchical dispatch method for the electricity markets consisting of wholesale markets and retail markets. In the wholesale markets, the generators and the retailers decide the generation and the purchase according to the market-clearing price. In the retail markets, the retailers set the retail price to adjust the electricity consumption of the consumers. Due to the two-way communications in smart grid, the retailers can decide the electricity purchase from the wholesale markets based on the information on electricity usage of consumers in the retail markets. We establish the hierarchical dispatch model for the wholesale markets and the retail markets and develop distributed algorithms to search for the optimal generation, purchase, and consumption. Numerical results show the balance between the supply and demand, the profits of the retailers, and the convergence of the distributed algorithms.

  14. Multifractal cross-correlation analysis in electricity spot market

    NASA Astrophysics Data System (ADS)

    Fan, Qingju; Li, Dan

    2015-07-01

    In this paper, we investigate the multiscale cross-correlations between electricity price and trading volume in Czech market based on a newly developed algorithm, called Multifractal Cross-Correlation Analysis (MFCCA). The new algorithm is a natural multifractal generalization of the Detrended Cross-Correlation Analysis (DCCA), and is sensitive to cross-correlation structure and free from limitations of other algorithms. By considering the original sign of the cross-covariance, it allows us to properly quantify and detect the subtle characteristics of two simultaneous recorded time series. First, the multifractality and the long range anti-persistent auto-correlations of price return and trading volume variation are confirmed using Multifractal Detrended Fluctuation Analysis (MF-DFA). Furthermore, we show that there exist long-range anti-persistent cross-correlations between price return and trading volume variation by MFCCA. And we also identify that the cross-correlations disappear on the level of relative small fluctuations. In order to obtain deeper insight into the dynamics of the electricity market, we analyze the relation between generalized Hurst exponent and the multifractal cross-correlation scaling exponent λq. We find that the difference between the generalized Hurst exponent and the multifractal cross-correlation scaling exponent is significantly different for smaller fluctuation, which indicates that the multifractal character of cross-correlations resembles more each other for electricity price and trading volume on the level of large fluctuations and weakens for the smaller ones.

  15. The market effectiveness of electricity reform: A case of carbon emissions trading market of Shenzhen city

    NASA Astrophysics Data System (ADS)

    Wang, Yongli; Wang, Gang; Zuo, Yi; Fan, Lisha; Xiao, Yao

    2017-03-01

    In the 13th Five-Year Plan, the Chinese government proposed to achieve the national carbon emission trading market established by 2017. The establishment of carbon emission trading market is the most important one in power reform, which helps to promote the power reform and achieve the goal of energy saving and emission reduction. As the bond of connecting environment energy issues and the economic development, carbon emissions trading market has become a hot research topic in the related fields, by market means, it incentive the lower cost subject emissions to undertake more reductions and therefore to benefit, the body of the high cost finished the task by buying quota reduction, to achieve the effect of having the least social total cost. Shenzhen has become the first city in China to start carbon trading pilot formally on June 16, 2013, online trading on June 18. The paper analyzes the market effectiveness of electricity reform in China, which takes carbon emissions trading market of Shenzhen city for example, and gives some suggestions for future development.

  16. Electric-utility DSM programs in a competitive market

    SciTech Connect

    Hirst, E.

    1994-04-01

    During the past few years, the costs and effects of utility demand-side management (DSM) programs have grown sharply. In 1989, US electric utilities spent 0.5% of revenues on such programs and cut total electricity consumption by 0.6%. By 1992, these numbers had increased to 1.3% and 1.2%, respectively. Utility projections, as of early 1993, of DSM expenditures and energy savings for 1997 were 1.7% and 2.5%, respectively. Whether this projected growth comes to pass may depend on current debates about deregulation of, and increased competition in, the electric-utility industry. This report examines the factors likely to affect utility DSM programs in a more competitive environment. The electric-utility industry faces two forces that may conflict with each other. One is the pressure to open up both wholesale and retail markets for competition. The net effect of such competition, especially at the retail level, would have much greater emphasis on electricity prices and less emphasis on energy services. Such an outcome would force a sharp reduction in the scale of DSM programs that are funded by customers in general. The second force is increased concern about environmental quality and global warming. Because utilities are major contributors to US carbon dioxide emissions, the Administration`s Climate Change Action Plan calls on utilities to reduce such emissions. DSM programs are one key way to do that and, in the process, to cut customer electric bills and improve economic productivity. This report discusses the forms of competition and how they might affect DSM programs. It examines the important roles that state regulatory commissions could play to affect retail competition and utility DSM programs. The report also considers the effects of DSM programs on retail electricity prices.

  17. The future market in electricity in the Czech Republic

    SciTech Connect

    Vacik, J.

    1998-07-01

    The Czech Republic has signed the Association Agreement with the European Union in early nineties and it has been the Republic's goal to accede to full membership in the European Union. In the power sector, the Directive 96/92/EC is, in this respect, the most important document. The Czech Energy Law was become effective from 1995 in a compromise form which proved to stay well short of perfection. Unfortunately, a number of articles and provisions fail to be consistent with the relevant EU documents, and even far less so with Directive 96/92/EC. The draft Energy Policy of the Czech Republic as presented officially in May 1997, has already definitely stressed some basic features of the future market in electricity. Regrettably, also in the draft Energy Policy some pressing long-term problems fail to be recognized or addressed and also areas failing to conform with the European power industry laws can be found in it. For the Czech Republic, it will be useful to utilize the experience of mainly the smaller EU countries and to proceed in pursuance of the findings of a thorough analysis and in a stepwise manner. In the first phase, it will be enough to make those moves which are common for all the conceivable solutions. Directive 96/92/EC does not prescribe a change in the structure of the existing electric power sector and far less any change in the ownership relation. In the same token, Directive 96/92/EC does not charge the member states with any duty to launch a wholesale market in electricity (pool of exchange). That is reserved under the discretion of the member states. Nowhere throughout the Directive is encountered any requirement to reduce the market strength of the dominant entities, if such exist.

  18. Determining the Effects on Residential Electricity Prices and Carbon Emissions of Electricity Market Restructuring in Alberta

    NASA Astrophysics Data System (ADS)

    Jahangir, Junaid Bin

    When electricity restructuring initiatives were introduced in Alberta, and finalized with the institution of retail electricity market competition in 2001, it was argued that the changes would deliver lower electricity prices to residential consumers. However, residential electricity prices in Alberta increased dramatically in 2001, and have never returned to their pre-restructuring levels. Proponents of restructuring argue that electricity prices would have been even higher under continued regulation, citing the effect of considerably higher natural gas prices and the roles of other variables. However, many Alberta residential electricity consumers tend to attribute their higher electricity prices to factors such as market power and manipulation associated with restructuring. Since the effects of restructuring on electricity prices cannot be evaluated by simply comparing prices before and after it occurred, the main objective of this thesis is to determine what electricity prices would have been under continued regulation, and to compare them with what was actually observed. To determine these counterfactual electricity prices, a structural model of the determinants of Alberta residential electricity prices is developed, estimated for the prerestructuring period, and used to forecast (counterfactual) prices in the postrestructuring period. However, in forming these forecasts it is necessary to separately account for changes in explanatory variables that could be viewed as occurring due to the restructuring (endogenous) from those changes that would Since the effects of restructuring on electricity prices cannot be evaluated by simply comparing prices before and after it occurred, the main objective of this thesis is to determine what electricity prices would have been under continued regulation, and to compare them with what was actually observed. To determine these counterfactual electricity prices, a structural model of the determinants of Alberta residential

  19. 76 FR 20651 - Application To Export Electric Energy; Cargill Power Markets, LLC

    Federal Register 2010, 2011, 2012, 2013, 2014

    2011-04-13

    ... Application To Export Electric Energy; Cargill Power Markets, LLC AGENCY: Office of Electricity Delivery and Energy Reliability, DOE. ACTION: Notice of application. SUMMARY: Cargill Power Markets, LLC (CPM) has... Power Markets, LLC, 9350 Excelsior Blvd., MS 150, Hopkins, MN 55343. A final decision will be made on...

  20. 76 FR 19069 - Application to Export Electric Energy; Cargill Power Markets, LLC

    Federal Register 2010, 2011, 2012, 2013, 2014

    2011-04-06

    ... Application to Export Electric Energy; Cargill Power Markets, LLC AGENCY: Office of Electricity Delivery and Energy Reliability, DOE. ACTION: Notice of application. SUMMARY: Cargill Power Markets, LLC (CPM) has... directly with Eugene J. Becker, Vice President, Cargill Power Markets, LLC, 9350 Excelsior Blvd., MS 150...

  1. 77 FR 20375 - Application to Export Electric Energy; Rainbow Energy Marketing Corporation

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-04-04

    ... Application to Export Electric Energy; Rainbow Energy Marketing Corporation AGENCY: Office of Electricity Delivery and Energy Reliability, DOE. ACTION: Notice of application. SUMMARY: Rainbow Energy Marketing... directly with Joseph M. Wolfe, Rainbow Energy Marketing Corporation, Kirkwood Office Tower, 919 South 7th...

  2. 75 FR 75994 - Application To Export Electric Energy; NRG Power Marketing LLC

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-12-07

    ... Application To Export Electric Energy; NRG Power Marketing LLC AGENCY: Office of Electricity Delivery and Energy Reliability, DOE. ACTION: Notice of application. SUMMARY: NRG Power Marketing LLC (NRGPML) has..., Federal power marketing agencies, and other entities within the United States. The existing international...

  3. 75 FR 57911 - Application To Export Electric Energy; GDF SUEZ Energy Marketing NA, Inc.

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-09-23

    ... Application To Export Electric Energy; GDF SUEZ Energy Marketing NA, Inc. AGENCY: Office of Electricity Delivery and Energy Reliability, DOE. ACTION: Notice of application. SUMMARY: GDF SUEZ Energy Marketing NA... utilities, Federal power marketing agencies and other entities within the United States. The existing...

  4. 78 FR 65978 - Application to Export Electric Energy; Brookfield Energy Marketing Inc.

    Federal Register 2010, 2011, 2012, 2013, 2014

    2013-11-04

    ... Application to Export Electric Energy; Brookfield Energy Marketing Inc. AGENCY: Office of Electricity Delivery and Energy Reliability, DOE. ACTION: Notice of application. SUMMARY: Brookfield Energy Marketing Inc... President of Legal Services and General Counsel, Brookfield Energy Marketing Inc., 480 de la Cite Blvd...

  5. 78 FR 43198 - Flexible and Local Resources Needed for Reliability in the California Wholesale Electric Market...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2013-07-19

    ... Wholesale Electric Market; Notice of Staff Technical Conference This notice establishes the agenda and... Electric Market July 31, 2013 The technical conference is intended to facilitate a structured dialogue on... the possible development of a durable, market-based mechanism to provide incentives to insure...

  6. Pricing Theory of Derivatives in Financial Engineering and the Problems on the Application to Electricity Markets

    NASA Astrophysics Data System (ADS)

    Misawa, Tetsuya

    Recently, the wholesale electric power exchange has been founded in Japan. With the progress of the electricity market, some management schemes of electricity price risk will be necessary. In financial markets or the preceding electricity markets, various “derivatives" on assets in the markets are often used as management tools to hedge the price risk. This paper gives a short commentary on some fundamental concepts of the derivatives and the pricing theory in the financial engineering, and discusses the problems on the financial engineering approach to electricity derivatives.

  7. 18 CFR 42.1 - Requirement that Transmission Organizations with Organized Electricity Markets Offer Long-Term...

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ... Transmission Organizations with Organized Electricity Markets Offer Long-Term Firm Transmission Rights. 42.1... ELECTRICITY MARKETS § 42.1 Requirement that Transmission Organizations with Organized Electricity Markets... with one or more organized electricity markets (administered either by it or by another entity) to...

  8. 18 CFR 42.1 - Requirement that Transmission Organizations with Organized Electricity Markets Offer Long-Term...

    Code of Federal Regulations, 2013 CFR

    2013-04-01

    ... Transmission Organizations with Organized Electricity Markets Offer Long-Term Firm Transmission Rights. 42.1... ELECTRICITY MARKETS § 42.1 Requirement that Transmission Organizations with Organized Electricity Markets... with one or more organized electricity markets (administered either by it or by another entity) to...

  9. 18 CFR 42.1 - Requirement that Transmission Organizations with Organized Electricity Markets Offer Long-Term...

    Code of Federal Regulations, 2014 CFR

    2014-04-01

    ... Transmission Organizations with Organized Electricity Markets Offer Long-Term Firm Transmission Rights. 42.1... ELECTRICITY MARKETS § 42.1 Requirement that Transmission Organizations with Organized Electricity Markets... with one or more organized electricity markets (administered either by it or by another entity) to...

  10. 18 CFR 42.1 - Requirement that Transmission Organizations with Organized Electricity Markets Offer Long-Term...

    Code of Federal Regulations, 2012 CFR

    2012-04-01

    ... Transmission Organizations with Organized Electricity Markets Offer Long-Term Firm Transmission Rights. 42.1... ELECTRICITY MARKETS § 42.1 Requirement that Transmission Organizations with Organized Electricity Markets... with one or more organized electricity markets (administered either by it or by another entity) to...

  11. 18 CFR 42.1 - Requirement that Transmission Organizations with Organized Electricity Markets Offer Long-Term...

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ... Transmission Organizations with Organized Electricity Markets Offer Long-Term Firm Transmission Rights. 42.1... ELECTRICITY MARKETS § 42.1 Requirement that Transmission Organizations with Organized Electricity Markets... with one or more organized electricity markets (administered either by it or by another entity) to make...

  12. 77 FR 26674 - Enhancement of Electricity Market Surveillance and Analysis Through Ongoing Electronic Delivery...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-05-07

    ... Energy Regulatory Commission 18 CFR Part 35 Enhancement of Electricity Market Surveillance and Analysis... ensure just and reasonable rates. \\1\\ 16 U.S.C. 825(b), 825f(a). II. Background 2. Wholesale electricity... consumers.\\4\\ \\2\\ A more in-depth discussion of developments in wholesale electricity markets--which no...

  13. 76 FR 24187 - Electricity Market Transparency Provisions of Section 220 of the Federal Power Act

    Federal Register 2010, 2011, 2012, 2013, 2014

    2011-04-29

    ... price transparency in markets for the sale and transmission of electric energy in interstate commerce... facilitate price transparency in markets for the sale and transmission of electric energy in interstate..., of information about the availability and prices of wholesale electric energy and transmission...

  14. Generation capacity expansion planning in deregulated electricity markets

    NASA Astrophysics Data System (ADS)

    Sharma, Deepak

    With increasing demand of electric power in the context of deregulated electricity markets, a good strategic planning for the growth of the power system is critical for our tomorrow. There is a need to build new resources in the form of generation plants and transmission lines while considering the effects of these new resources on power system operations, market economics and the long-term dynamics of the economy. In deregulation, the exercise of generation planning has undergone a paradigm shift. The first stage of generation planning is now undertaken by the individual investors. These investors see investments in generation capacity as an increasing business opportunity because of the increasing market prices. Therefore, the main objective of such a planning exercise, carried out by individual investors, is typically that of long-term profit maximization. This thesis presents some modeling frameworks for generation capacity expansion planning applicable to independent investor firms in the context of power industry deregulation. These modeling frameworks include various technical and financing issues within the process of power system planning. The proposed modeling frameworks consider the long-term decision making process of investor firms, the discrete nature of generation capacity addition and incorporates transmission network modeling. Studies have been carried out to examine the impact of the optimal investment plans on transmission network loadings in the long-run by integrating the generation capacity expansion planning framework within a modified IEEE 30-bus transmission system network. The work assesses the importance of arriving at an optimal IRR at which the firm's profit maximization objective attains an extremum value. The mathematical model is further improved to incorporate binary variables while considering discrete unit sizes, and subsequently to include the detailed transmission network representation. The proposed models are novel in the

  15. Cap-and-Trade Modeling and Analysis: Congested Electricity Market Equilibrium

    NASA Astrophysics Data System (ADS)

    Limpaitoon, Tanachai

    This dissertation presents an equilibrium framework for analyzing the impact of cap-and-trade regulation on transmission-constrained electricity market. The cap-and-trade regulation of greenhouse gas emissions has gained momentum in the past decade. The impact of the regulation and its efficacy in the electric power industry depend on interactions of demand elasticity, transmission network, market structure, and strategic behavior of firms. I develop an equilibrium model of an oligopoly electricity market in conjunction with a market for tradable emissions permits to study the implications of such interactions. My goal is to identify inefficiencies that may arise from policy design elements and to avoid any unintended adverse consequences on the electric power sector. I demonstrate this modeling framework with three case studies examining the impact of carbon cap-and-trade regulation. In the first case study, I study equilibrium results under various scenarios of resource ownership and emission targets using a 24-bus IEEE electric transmission system. The second and third case studies apply the equilibrium model to a realistic electricity market, Western Electricity Coordinating Council (WECC) 225-bus system with a detailed representation of the California market. In the first and second case studies, I examine oligopoly in electricity with perfect competition in the permit market. I find that under a stringent emission cap and a high degree of concentration of non-polluting firms, the electricity market is subject to potential abuses of market power. Also, market power can occur in the procurement of non-polluting energy through the permit market when non-polluting resources are geographically concentrated in a transmission-constrained market. In the third case study, I relax the competitive market structure assumption of the permit market by allowing oligopolistic competition in the market through a conjectural variation approach. A short-term equilibrium

  16. 78 FR 28583 - Coordination Between Natural Gas and Electricity Markets; Notice of Commission Meeting

    Federal Register 2010, 2011, 2012, 2013, 2014

    2013-05-15

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Coordination Between Natural Gas and Electricity Markets; Notice of... necessary. Commission members will be present. \\1\\ Coordination between Natural Gas and Electricity...

  17. Decentralized wastewater management

    SciTech Connect

    Tchobanoglous, G.

    1998-07-01

    Decentralized wastewater management systems maintain both the solid and liquid fractions of the wastewater near their point of origin. In the future, as long-term strategies are developed to optimize the use of water resources and to protect the environment, it is clear that decentralized systems will become an important element of those strategies.

  18. Cournot games with network effects for electric power markets

    NASA Astrophysics Data System (ADS)

    Spezia, Carl John

    The electric utility industry is moving from regulated monopolies with protected service areas to an open market with many wholesale suppliers competing for consumer load. This market is typically modeled by a Cournot game oligopoly where suppliers compete by selecting profit maximizing quantities. The classical Cournot model can produce multiple solutions when the problem includes typical power system constraints. This work presents a mathematical programming formulation of oligopoly that produces unique solutions when constraints limit the supplier outputs. The formulation casts the game as a supply maximization problem with power system physical limits and supplier incremental profit functions as constraints. The formulation gives Cournot solutions identical to other commonly used algorithms when suppliers operate within the constraints. Numerical examples demonstrate the feasibility of the theory. The results show that the maximization formulation will give system operators more transmission capacity when compared to the actions of suppliers in a classical constrained Cournot game. The results also show that the profitability of suppliers in constrained networks depends on their location relative to the consumers' load concentration.

  19. Power system and market integration of renewable electricity

    NASA Astrophysics Data System (ADS)

    Erdmann, Georg

    2017-07-01

    This paper addresses problems of power generation markets that arise under high shares of intermittent generation. After discussing the economic fundamentals of wind and photovoltaic investments, the paper introduces the concept of the "Merit order effect of renewables". According to this concept electricity prices on wholesale power markets become smaller in periods during which large volumes of wind and photovoltaic generation is available and squeeze out relative expensive gas-fired power generation. The merit order effect of renewables has a couple of consequences. Among others it challenges the profitability of conventional power generation. If such generation capacities are still necessary, at least during a transitory period, a capacity mechanism may be put in place that generates an additional stream of income to the operators of conventional power generators. Another consequence of growing intermittent power generation is the need for concepts and technologies that deal with excess generation. Among these concepts are virtual and physical power storage capacities. In the last parts of the paper models are presented that are able to analyze these concepts from an economic point of view.

  20. 78 FR 8511 - Coordination between Natural Gas and Electricity Markets; Supplemental Notice of Technical...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2013-02-06

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Coordination between Natural Gas and Electricity Markets; Supplemental... Electricity Markets, Docket No. AD12-12-000 (December 7, 2012) (Notice Of Request for Comments and...

  1. 78 FR 15719 - Coordination Between Natural Gas and Electricity Markets; Notice of Technical Conference

    Federal Register 2010, 2011, 2012, 2013, 2014

    2013-03-12

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Coordination Between Natural Gas and Electricity Markets; Notice of... between Natural Gas and Electricity Markets, 141 FERC ] 61,125, at P 11 (2012) (November 15 Order)....

  2. 77 FR 74180 - Coordination Between Natural Gas and Electricity Markets; Notice of Request for Comments and...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-12-13

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Coordination Between Natural Gas and Electricity Markets; Notice of Request... Between Natural Gas and Electricity Markets, 141 FERC ] 61,125, at P 5 (2012) (November 15 Order)....

  3. 77 FR 35374 - Independence Electricity; Supplemental Notice That Initial Market-Based Rate Filing Includes...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-06-13

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Independence Electricity; Supplemental Notice That Initial Market-Based Rate...-referenced proceeding of Independence Electricity's application for market-based rate authority, with...

  4. 77 FR 52020 - Coordination Between Natural Gas and Electricity Markets; Supplemental Notice for Mid-Atlantic...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-08-28

    ... Energy Regulatory Commission Coordination Between Natural Gas and Electricity Markets; Supplemental... Electricity Markets, Docket No. AD12-12-000 (July 5, 2012) (Notice Of Technical Conferences) ( http://elibrary.../fdsys/pkg/FR-2012-07-12/pdf/2012-16997.pdf ). \\2\\ Coordination between Natural Gas and...

  5. Electricity Bill Savings from Residential Photovoltaic Systems: Sensitivities to Changes in Future Electricity Market Conditions

    SciTech Connect

    Darghouth, Naim; Barbose, Galen; Wiser, Ryan

    2013-01-09

    Customer-sited photovoltaic (PV) systems in the United States are often compensated at the customer’s underlying retail electricity rate through net metering. Calculations of the customer economics of PV, meanwhile, often assume that retail rate structures and PV compensation mechanisms will not change and that retail electricity prices will increase (or remain constant) over time, thereby also increasing (or keeping constant) the value of bill savings from PV. Given the multitude of potential changes to retail rates and PV compensation mechanisms in the future, however, understanding how such changes might impact the value of bill savings from PV is critical for policymakers, regulators, utilities, the solar industry, and potential PV owners, i.e., any stakeholder interested in understanding uncertainties in and potential changes to the long-term customer economics of PV. This scoping study investigates the impact of, and interactions among, three key sources of uncertainty in the future value of bill savings from customer-sited PV, focusing in particular on residential customers. These three sources of uncertainty are: changes to electricity market conditions that would affect retail electricity prices, changes to the types of retail rate structures available to residential customers with PV, and shifts away from standard net-metering toward other compensation mechanisms for residential PV.

  6. Impact of climate change on electricity systems and markets

    NASA Astrophysics Data System (ADS)

    Chandramowli, Shankar N.

    (Section 111 (d)) rules for the U.S. Northeast region. This dissertation applies an analytical model and an optimization model to investigate the implications of co-implementing an emission cap and an RPS policy for this region. A simplified analytical model of LP-CEM is specified and the first order optimality conditions are derived. The results from this analytical model are corroborated by running LP-CEM simulations under different carbon cap and RPS policy assumptions. A combination of these policies is shown to have a long-term beneficial effect for the final ratepayers in the region. This research conceptually explores the future implications of climate change and extreme weather events on the regional electricity market framework. The significant findings from this research and future policy considerations are discussed in the conclusion chapter.

  7. 18 CFR 1c.2 - Prohibition of electric energy market manipulation.

    Code of Federal Regulations, 2014 CFR

    2014-04-01

    ... energy market manipulation. 1c.2 Section 1c.2 Conservation of Power and Water Resources FEDERAL ENERGY REGULATORY COMMISSION, DEPARTMENT OF ENERGY GENERAL RULES PROHIBITION OF ENERGY MARKET MANIPULATION § 1c.2 Prohibition of electric energy market manipulation. (a) It shall be unlawful for any entity, directly...

  8. 18 CFR 1c.2 - Prohibition of electric energy market manipulation.

    Code of Federal Regulations, 2011 CFR

    2011-04-01

    ... energy market manipulation. 1c.2 Section 1c.2 Conservation of Power and Water Resources FEDERAL ENERGY REGULATORY COMMISSION, DEPARTMENT OF ENERGY GENERAL RULES PROHIBITION OF ENERGY MARKET MANIPULATION § 1c.2 Prohibition of electric energy market manipulation. (a) It shall be unlawful for any entity, directly...

  9. 18 CFR 1c.2 - Prohibition of electric energy market manipulation.

    Code of Federal Regulations, 2013 CFR

    2013-04-01

    ... energy market manipulation. 1c.2 Section 1c.2 Conservation of Power and Water Resources FEDERAL ENERGY REGULATORY COMMISSION, DEPARTMENT OF ENERGY GENERAL RULES PROHIBITION OF ENERGY MARKET MANIPULATION § 1c.2 Prohibition of electric energy market manipulation. (a) It shall be unlawful for any entity, directly or...

  10. Organizational decentralization in radiology.

    PubMed

    Aas, I H Monrad

    2006-01-01

    At present, most hospitals have a department of radiology where images are captured and interpreted. Decentralization is the opposite of centralization and means 'away from the centre'. With a Picture Archiving and Communication System (PACS) and broadband communications, transmitting radiology images between sites will be far easier than before. Qualitative interviews of 26 resource persons were performed in Norway. There was a response rate of 90%. Decentralization of radiology interpretations seems less relevant than centralization, but several forms of decentralization have a role to play. The respondents mentioned several advantages, including exploitation of capacity and competence. They also mentioned several disadvantages, including splitting professional communities and reduced contact between radiologists and clinicians. With the new technology decentralization and centralization of image interpretation are important possibilities in organizational change. This will be important for the future of teleradiology.

  11. Decentralized energy studies: bibliography

    SciTech Connect

    Ohi, J.M.; Unseld, C.T.; Levine, A.; Silversmith, J.A.

    1980-05-01

    This bibliography is a compilation of literature on decentralized energy systems. It is arranged according to topical (e.g., lifestyle and values, institutions, and economics) and geographical scale to facilitate quick reference to specific areas of interest. Also included are articles by and about Amory B. Lovins who has played a pivotal role in making energy decentralization an important topic of national debate. Periodicals, other bibliographies, and directories are also listed.

  12. Adaptive Decentralized Control

    DTIC Science & Technology

    1985-04-01

    computational requirements and response time provide strong incentives for the use of distributed control architectures. The basic focus of our research is on...ADCON (for Adaptive Decentralized CONtrol) comes from the following observations about the current status of control theory . An important aspect of...decentralized control of completely known systems still has many unresolved issues and some basic problems are yet to be answered. Under these conditions

  13. Stochastic decentralized systems

    NASA Astrophysics Data System (ADS)

    Barfoot, Timothy David

    Fundamental aspects of decentralized systems are considered from a control perspective. The stochastic framework afforded by Markov systems is presented as a formal setting in which to study decentralized systems. A stochastic algebra is introduced which allows Markov systems to be considered in matrix format but also strikes an important connection to the classic linear system originally studied by Kalman [1960]. The process of decentralization is shown to impose constraints on observability and controllability of a system. However, it is argued that communicating decentralized controllers can implement any control law possible with a centralized controller. Communication is shown to serve a dual role, both enabling sensor data to be shared and actions to be coordinated. The viabilities of these two types of communication are tested on a real network of mobile robots where they are found to be successful at a variety of tasks. Action coordination is reframed as a decentralized decision making process whereupon stochastic cellular automata (SCA) are introduced as a model. Through studies of SCA it is found that coordination in a group of arbitrarily and sparsely connected agents is possible using simple rules. The resulting stochastic mechanism may be immediately used as a practical decentralized decision making tool (it is tested on a group of mobile robots) but, it furthermore provides insight into the general features of self-organizing systems.

  14. 75 FR 4805 - Electricity Market Transparency Provisions of Section 220 of the Federal Power Act

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-01-29

    ... Energy Regulatory Commission 61,039] Electricity Market Transparency Provisions of Section 220 of the...,000 MWh of electricity per year) from the Commission's jurisdiction.\\3\\ However, section 201(b)(2... collect ``information about the availability and prices'' of natural gas and electricity sold at wholesale...

  15. A Q-Learning-Based Supplier Bidding Strategy in Electricity Auction Market

    NASA Astrophysics Data System (ADS)

    Xiong, Gaofeng; Hashiyama, Tomonori; Okuma, Shigeru

    One of the most important issues for power suppliers in the deregulated electric industry is how to bid into the electricity auction market to satisfy their profit-maximizing goals. Based on the Q-Learning algorithm, this paper presents a novel supplier bidding strategy to maximize supplier’s profit in the long run. In this approach, the supplier bidding strategy is viewed as one kind of stochastic optimal control problem and each supplier can learn from experience. A competitive day-ahead electricity auction market with hourly bids is assumed here, where no supplier possesses the market power and all suppliers winning the market are paid based on their own bid prices. The dynamics and the incomplete information of the market are considered. The impact of suppliers’ strategic bidding on the market price is analyzed. Agent-based simulations are presented. The simulation results show the feasibility of the proposed bidding strategy.

  16. Risk management and market efficiency on the Midwest Independent System Operator electricity exchange

    NASA Astrophysics Data System (ADS)

    Jones, Kevin

    Midwest Independent Transmission System Operator, Inc. (MISO) is a non-profit regional transmission organization (RTO) that oversees electricity production and transmission across thirteen states and one Canadian province. MISO also operates an electronic exchange for buying and selling electricity for each of its five regional hubs. MISO oversees two types of markets. The forward market, which is referred to as the day-ahead (DA) market, allows market participants to place demand bids and supply offers on electricity to be delivered at a specified hour the following day. The equilibrium price, known as the locational marginal price (LMP), is determined by MISO after receiving sale offers and purchase bids from market participants. MISO also coordinates a spot market, which is known as the real-time (RT) market. Traders in the real-time market must submit bids and offers by thirty minutes prior to the hour for which the trade will be executed. After receiving purchase and sale offers for a given hour in the real time market, MISO then determines the LMP for that particular hour. The existence of the DA and RT markets allows producers and retailers to hedge against the large fluctuations that are common in electricity prices. Hedge ratios on the MISO exchange are estimated using various techniques. No hedge ratio technique examined consistently outperforms the unhedged portfolio in terms of variance reduction. Consequently, none of the hedge ratio methods in this study meet the general interpretation of FASB guidelines for a highly effective hedge. One of the major goals of deregulation is to bring about competition and increased efficiency in electricity markets. Previous research suggests that electricity exchanges may not be weak-form market efficient. A simple moving average trading rule is found to produce statistically and economically significant profits on the MISO exchange. This could call the long-term survivability of the MISO exchange into question.

  17. 76 FR 3881 - Application To Export Electric Energy; TransAlta Energy Marketing (U.S.) Inc.

    Federal Register 2010, 2011, 2012, 2013, 2014

    2011-01-21

    ... Application To Export Electric Energy; TransAlta Energy Marketing (U.S.) Inc. AGENCY: Office of Electricity Delivery and Energy Reliability, DOE. ACTION: Notice of application. SUMMARY: TransAlta Energy Marketing (U... be surplus energy purchased from electric utilities, Federal power marketing agencies, and other...

  18. On the battleground of environmental and competition policy: The renewable electricity market

    NASA Astrophysics Data System (ADS)

    Meszaros, Matyas Tamas

    Renewable energy sources have become increasingly important in the efforts to provide energy security and to fight global warming. In the last decade environmental policy has increased the support for renewable electricity. At the same time the electricity sector was often subject of antitrust investigation because of relevant market concentration, and market power. This dissertation looks at the renewable electricity market to analyze the effect of environmental policy on competition. The first chapter provides a short introduction into the regulatory schemes of electricity markets. The second chapter analyzes the demand side of the electricity market. The estimations show that there was no significant change in the income and price elasticity in the electricity consumption of the US households between 1993 an 2001, although there was several policy initiatives to increase energy efficiency and decrease consumption. The third chapter derives a theoretical model where the feed-in tariff and the tradable green certificate system can be analyzed under oligopolistic market structure. The results of the model suggest that the introduction of the environmentally friendly regulatory schemes can decrease the electricity prices compared to the case when there is no support for renewable energy. The other findings of this model is that the price of electricity rises when the requirement for renewable energy increases. In the fourth chapter a simulation model of the UK electricity market is used to test the effect of mergers and acquisitions under the environmental support scheme. The results emphasize the importance of the capacity limit, because it can constrain the strategic action of the electricity producers. The results of the simulation also suggest that the increasing concentration can increase the production and lower the price of electricity and renewable energy certificates in the British Renewable Obligation system.

  19. Simulation of trading strategies in the electricity market

    NASA Astrophysics Data System (ADS)

    Charkiewicz, Kamil; Nowak, Robert

    2011-10-01

    The main objective of the energy market existence is reduction of the total cost of production, transport and distribution of energy, and so the prices paid by terminal consumers. Energy market contains few markets that are varying on operational rules, the important segments: the Futures Contract Market and Next Day Market are analyzed in presented approach. The computer system was developed to simulate the Polish Energy Market. This system use the multi-agent approach, where each agent is the separate shared library with defined interface. The software was used to compare strategies for players in energy market, where the strategies uses auto-regression, k-nearest neighbours, neural network and mixed algorithm, to predict the next price.

  20. Study on Stochastic Optimal Electric Power Procurement Strategies with Uncertain Market Prices

    NASA Astrophysics Data System (ADS)

    Sakchai, Siripatanakulkhajorn; Saisho, Yuichi; Fujii, Yasumasa; Yamaji, Kenji

    The player in deregulated electricity markets can be categorized into three groups of GENCO (Generator Companies), TRNASCO (Transmission Companies), DISCO (Distribution Companies). This research focuses on the role of Distribution Companies, which purchase electricity from market at randomly fluctuating prices, and provide it to their customers at given fixed prices. Therefore Distribution companies have to take the risk stemming from price fluctuation of electricity instead of the customers. This entails the necessity to develop a certain method to make an optimal strategy for electricity procurement. In such a circumstance, this research has the purpose for proposing the mathematical method based on stochastic dynamic programming to evaluate the value of a long-term bilateral contract of electricity trade, and also a project of combination of the bilateral contract and power generation with their own generators for procuring electric power in deregulated market.

  1. Slow and not so sure: Europe`s long march to electricity market liberalization

    SciTech Connect

    Hancher, L.

    1997-11-01

    Under Europe`s recent Directive on competition in electricity, Member States retain immense autonomy to set the competitive agenda within their borders. The result may well be a distinctly skewed - and far from open - trade in electricity, and little opportunity for even large customers to make a meaningful choice of suppliers. The final adoption last year by The European Council - effectively the legislative body of the European Community - of a regulatory measure requiring gradual liberalization of Europe`s electricity market is an event of more symbolic than real significance. During the seven years it has taken to negotiate and compromise upon a suitable legal framework for electricity market liberalization, the European market itself has moved on. Effective implementation of the newly adopted framework rules is unlikely to be a real catalyst for change in its own right, although it could still be an important force in shaping the direction of liberalization programs already underway at the national level. This article will examine the state of electricity market liberalization in what is now known as the European Union - the loose quasi-federal structure which subsists between the 15 Member States of the European Community (EC). It will focus in part upon the provisions of the new EC Directive on the creation of a single market for electricity, and in part upon the complex changes which are gradually transforming the European electricity market.

  2. The impact of a deregulated European electricity market on Volvo in Sweden

    SciTech Connect

    Dag, S.

    1998-07-01

    The member countries within the European Union (EU) have agreed to open all national electricity markets for competition, starting January 1, 1999. The electricity market in Sweden is deregulated since January 1, 1996. The deregulation of the electricity markets will gradually shift the electricity price levels in different countries towards an equal price level, which will most likely be close to the levels on the Continental Europe. A deregulated European electricity market may change the competition situation for Swedish industries dramatically. The capacity in electric generation with low operating costs in Sweden has led to very low electricity prices and high usage level compared to other EU countries. The consumption level of electric energy per capita is nearly three times higher in Sweden than the average per capita EU usage. The high level of electricity consumption is typical also of industrial customers in Sweden. Studies of Volvo Car Corporation have shown that the Volvo car plant in Torslanda, Sweden utilizes substantially more electric energy per manufactured car than the Volvo car plant in Gent, Belgium. A method is developed to transform the Torslanda plant from a low energy efficiency state to a higher energy efficiency state by modeling. The method is based on the Life Cycle Cost (LCC) concept and includes optimization models of the two plants with mixed integer linear programming (MILP).

  3. Indirect decentralized repetitive control

    NASA Technical Reports Server (NTRS)

    Lee, Soo Cheol; Longman, Richard W.

    1993-01-01

    Learning control refers to controllers that learn to improve their performance at executing a given task, based on experience performing this specific task. In a previous work, the authors presented a theory of indirect decentralized learning control based on use of indirect adaptive control concepts employing simultaneous identification and control. This paper extends these results to apply to the indirect repetitive control problem in which a periodic (i.e., repetitive) command is given to a control system. Decentralized indirect repetitive control algorithms are presented that have guaranteed convergence to zero tracking error under very general conditions. The original motivation of the repetitive control and learning control fields was learning in robots doing repetitive tasks such as on an assembly line. This paper starts with decentralized discrete time systems, and progresses to the robot application, modeling the robot as a time varying linear system in the neighborhood of the desired trajectory. Decentralized repetitive control is natural for this application because the feedback control for link rotations is normally implemented in a decentralized manner, treating each link as if it is independent of the other links.

  4. A Supplier Bidding Strategy Through Q-Learning Algorithm in Electricity Auction Markets

    NASA Astrophysics Data System (ADS)

    Xiong, Gaofeng; Hashiyama, Tomonori; Okuma, Shigeru

    One of the most important issues for power suppliers in the deregulated electric industry is how to bid into the electricity auction market to satisfy their profit-maximizing goals. Based on the Q-Learning algorithm, this paper presents a novel supplier bidding strategy to maximize supplier’s profit in the long run. In this approach, the supplier bidding strategy is viewed as a kind of stochastic optimal control problem and each supplier can learn from experience. A competitive day-ahead electricity auction market with hourly bids is assumed here, where no supplier possesses the market power. The dynamics and the incomplete information of the market are considered. The impacts of suppliers’ strategic bidding on the market price are analyzed under uniform pricing rule and discriminatory pricing rule. Agent-based simulations are presented. The simulation results show the feasibility of the proposed bidding strategy.

  5. Competition and equilibria in electricity markets based on two-settlement system: A conjectural variation approach

    NASA Astrophysics Data System (ADS)

    Watts, David

    This dissertation studies electricity markets based on two-settlement systems and applies the concept of conjectural variation (CV) as a tool for representing different levels of competitiveness in the market. Some recent theoretical works are addressed to support the use of CV as a solution concept. A notion of consistency is introduced to make the level of competitiveness of the market endogenous, and allows finding consistent CV equilibria and the corresponding conditions for existence of equilibria. First, a case is studied in which firms hold exogenous levels of forward commitments. Then, backward induction and sub-game perfection are used to solve sequentially for the spot and forward market equilibrium. This allows analyzing how firms take positions in the forward market, based on considering their later impact on the spot market. It is concluded that positions taken in the forward market depend largely on firms expectations about the competitiveness of both the spot and the forward market. Forward markets are welfare enhancing even if they are not as competitive as the associated spot market as long as they are not too oligopolistie. The above formulation is used to model a dynamic scenario to analyze market stability, linking this research to Dr. Alvarado's earlier research on market stability. This brings about interesting trade offs between market power and market stability.

  6. 18 CFR 1c.2 - Prohibition of electric energy market manipulation.

    Code of Federal Regulations, 2012 CFR

    2012-04-01

    ... 18 Conservation of Power and Water Resources 1 2012-04-01 2012-04-01 false Prohibition of electric energy market manipulation. 1c.2 Section 1c.2 Conservation of Power and Water Resources FEDERAL ENERGY REGULATORY COMMISSION, DEPARTMENT OF ENERGY GENERAL RULES PROHIBITION OF ENERGY MARKET MANIPULATION § 1c.2...

  7. 77 FR 50684 - Coordination Between Natural Gas and Electricity Markets; Supplemental Notice of Technical...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-08-22

    ... studies of the natural gas and electric systems needed to analyze forecasted resource mix and/or... (on behalf of APGA) Paul Greenwood, Manager for Americas Gas Marketing, ExxonMobil Gas & Power Marketing (on behalf of Natural Gas Supply Association) Laura Heckman, Director, Business...

  8. The use - and misuse - of statistics in evaluating the benefits of restructured electricity markets

    SciTech Connect

    Moody, Diane

    2007-03-15

    Statistics have an important role to play in assessing market performance. Too often, though, numbers are used more to make a splash than to enlighten, and upon closer scrutiny, the underlying analyses lack credibility. It is time to move away from a battle of sound bites and toward serious evaluation of how well restructured wholesale electricity markets are working. (author)

  9. 75 FR 45111 - Electric Quarterly Reports; Strategic Energy Management Corp.; Solaro Energy Marketing...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-08-02

    ...] Electric Quarterly Reports; Strategic Energy Management Corp.; Solaro Energy Marketing Corporation; Notice... Order, the Commission directed Strategic Energy Management Corp. and Solaro Energy Marketing Corporation... compliance with the June 25 Order has elapsed. The two companies identified in the June 25 Order (Strategic...

  10. 18 CFR 1c.2 - Prohibition of electric energy market manipulation.

    Code of Federal Regulations, 2010 CFR

    2010-04-01

    ... 18 Conservation of Power and Water Resources 1 2010-04-01 2010-04-01 false Prohibition of electric energy market manipulation. 1c.2 Section 1c.2 Conservation of Power and Water Resources FEDERAL ENERGY REGULATORY COMMISSION, DEPARTMENT OF ENERGY GENERAL RULES PROHIBITION OF ENERGY MARKET MANIPULATION §...

  11. SERA Scenarios of Early Market Fuel Cell Electric Vehicle Introductions: Modeling Framework, Regional Markets, and Station Clustering

    SciTech Connect

    Bush, B.; Melaina, M.; Penev, M.; Daniel, W.

    2013-09-01

    This report describes the development and analysis of detailed temporal and spatial scenarios for early market hydrogen fueling infrastructure clustering and fuel cell electric vehicle rollout using the Scenario Evaluation, Regionalization and Analysis (SERA) model. The report provides an overview of the SERA scenario development framework and discusses the approach used to develop the nationwidescenario.

  12. Electricity Market Games: How Agent-Based Modeling Can Help under High Penetrations of Variable Generation

    SciTech Connect

    Gallo, Giulia

    2016-03-01

    Integrating increasingly high levels of variable generation in U.S. electricity markets requires addressing not only power system and grid modeling challenges but also an understanding of how market participants react and adapt to them. Key elements of current and future wholesale power markets can be modeled using an agent-based approach, which may prove to be a useful paradigm for researchers studying and planning for power systems of the future.

  13. Multi-agent social and organizational modeling of the electric power and natural gas markets.

    SciTech Connect

    North, M. J.; Decision and Information Sciences

    2001-12-01

    Complex Adaptive Systems (CAS) can be applied to investigate large-scale socio-cognitive-technical systems. Viewing such systems from a multi-agent social and organizational perspective allows innovative computational policy analysis. Argonne National Laboratory (ANL) has taken such a perspective to produce an integrated model of the electric power and natural gas markets. This model focuses on the organizational interdependencies between these markets. These organizational interdependencies are being strained by fundamental market transformations.

  14. Time series analysis and long range correlations of Nordic spot electricity market data

    NASA Astrophysics Data System (ADS)

    Erzgräber, Hartmut; Strozzi, Fernanda; Zaldívar, José-Manuel; Touchette, Hugo; Gutiérrez, Eugénio; Arrowsmith, David K.

    2008-11-01

    The electricity system price of the Nord Pool spot market is analysed. Different time scale analysis tools are assessed with focus on the Hurst exponent and long range correlations. Daily and weekly periodicities of the spot market are identified. Even though space time separation plots suggest more stationary behaviour than other financial time series, we find large fluctuations of the spot price market which suggest time-dependent scaling parameters.

  15. Social Welfare implications of demand response programs in competitive electricity markets

    SciTech Connect

    Boisvert, Richard N.; Neenan, Bernard F.

    2003-08-01

    The price volatility exhibited by wholesale electricity markets has stymied the movement to restructure the industry, and may derail it altogether. Market designers argue that prices are superior to regulation for directing long-term investments to the proper location and function, and that price volatility is a natural manifestation of a robustly competitive market. However, episodes of prices that soar to previously unimaginable heights try customers' patience and cause policy makers to reconsider if the prize is worth the consequences.

  16. Territorial Decentration and Geographic Learning.

    ERIC Educational Resources Information Center

    Stoltman, Joseph P.

    Territorial decentration is a question of major significance to geographic educators. This paper reports the findings of a research project designed to determine the territorial decentration of an American sample of children. The primary purpose of the research was to determine if Piaget's territorial decentration stages are appropriate for…

  17. Analysis of the Pricing Process in Electricity Market using Multi-Agent Model

    NASA Astrophysics Data System (ADS)

    Shimomura, Takahiro; Saisho, Yuichi; Fujii, Yasumasa; Yamaji, Kenji

    Many electric utilities world-wide have been forced to change their ways of doing business, from vertically integrated mechanisms to open market systems. We are facing urgent issues about how we design the structures of power market systems. In order to settle down these issues, many studies have been made with market models of various characteristics and regulations. The goal of modeling analysis is to enrich our understanding of fundamental process that may appear. However, there are many kinds of modeling methods. Each has drawback and advantage about validity and versatility. This paper presents two kinds of methods to construct multi-agent market models. One is based on game theory and another is based on reinforcement learning. By comparing the results of the two methods, they can advance in validity and help us figure out potential problems in electricity markets which have oligopolistic generators, demand fluctuation and inelastic demand. Moreover, this model based on reinforcement learning enables us to consider characteristics peculiar to electricity markets which have plant unit characteristics, seasonable and hourly demand fluctuation, real-time regulation market and operating reserve market. This model figures out importance of the share of peak-load-plants and the way of designing operating reserve market.

  18. Self-organized synchronization in decentralized power grids.

    PubMed

    Rohden, Martin; Sorge, Andreas; Timme, Marc; Witthaut, Dirk

    2012-08-10

    Robust synchronization (phase locking) of power plants and consumers centrally underlies the stable operation of electric power grids. Despite current attempts to control large-scale networks, even their uncontrolled collective dynamics is not fully understood. Here we analyze conditions enabling self-organized synchronization in oscillator networks that serve as coarse-scale models for power grids, focusing on decentralizing power sources. Intriguingly, we find that whereas more decentralized grids become more sensitive to dynamical perturbations, they simultaneously become more robust to topological failures. Decentralizing power sources may thus facilitate the onset of synchronization in modern power grids.

  19. Evolution of Wholesale Electricity Market Design with Increasing Levels of Renewable Generation

    SciTech Connect

    Ela, E.; Milligan, M.; Bloom, A.; Botterud, A.; Townsend, A.; Levin, T.

    2014-09-01

    Variable generation such as wind and photovoltaic solar power has increased substantially in recent years. Variable generation has unique characteristics compared to the traditional technologies that supply energy in the wholesale electricity markets. These characteristics create unique challenges in planning and operating the power system, and they can also influence the performance and outcomes from electricity markets. This report focuses on two particular issues related to market design: revenue sufficiency for long-term reliability and incentivizing flexibility in short-term operations. The report provides an overview of current design and some designs that have been proposed by industry or researchers.

  20. Decentralized Software Evolution

    DTIC Science & Technology

    2003-09-01

    Institute for Software Research University of California, Irvine www.isr.uci.edu/tech-reports.html Peyman Oreizy University of California, Irvine... Peyman Oreizy and Richard N. Taylor Institute for Software Research University of California, Irvine Irvine, CA 92697-3425 USA {peymano, taylor...mechanisms that enforce cooperation among Decentralized Software Evolution Peyman Oreizy and Richard N. Taylor Institute for Software Research

  1. Indirect decentralized learning control

    NASA Technical Reports Server (NTRS)

    Longman, Richard W.; Lee, Soo C.; Phan, M.

    1992-01-01

    The new field of learning control develops controllers that learn to improve their performance at executing a given task, based on experience performing this specific task. In a previous work, the authors presented a theory of indirect learning control based on use of indirect adaptive control concepts employing simultaneous identification and control. This paper develops improved indirect learning control algorithms, and studies the use of such controllers in decentralized systems. The original motivation of the learning control field was learning in robots doing repetitive tasks such as on an assembly line. This paper starts with decentralized discrete time systems, and progresses to the robot application, modeling the robot as a time varying linear system in the neighborhood of the nominal trajectory, and using the usual robot controllers that are decentralized, treating each link as if it is independent of any coupling with other links. The basic result of the paper is to show that stability of the indirect learning controllers for all subsystems when the coupling between subsystems is turned off, assures convergence to zero tracking error of the decentralized indirect learning control of the coupled system, provided that the sample time in the digital learning controller is sufficiently short.

  2. Management of busbar costs and spending tradeoffs for the transition to competitive markets in electricity

    SciTech Connect

    Corio, M.R.; Boyd, G.

    1995-09-01

    Competition is changing the fundamental basis for doing business in the electricity generation market. As the market moves toward competitive market conditions, electricity will be viewed increasingly as a commodity--not only supplied to customers within a utility`s service area, but brokered and marketed outside its area as well. With movement toward retail wheeling being considered in California, Michigan, and New York, it may soon become a reality as well. This means that a utility can no longer feel secure as the monopoly supplier of electricity within its own franchise area. To remain the main supplier in its current service area and compete for customers in other service areas, utilities will need to understand and examine all the components of ``busbar costs`` at its generating units. As competition drives the market to marginal costs, generating units with costs exceeding the market clearing price for electricity may soon have a limited role in the generation market. As the industry evolves, competition in the marketplace will force uneconomic plants to reduce costs or go out of business. This paper discusses results of studies addressing the evaluation of cost effectiveness, benchmarking of cost-efficiency, and development of marginal cost curves for busbar costs based on the development and aggregation of the three key measures which determine the cost and level of output (generation): (1) reliability; (2) heat rate; and (3) planned outage factor.

  3. Research on electricity market operation mechanism and its benefit of demand side participation

    NASA Astrophysics Data System (ADS)

    Han, Shuai; Yan, Xu; Qin, Li-juan; Lin, Xi-qiao; Zeng, Bo

    2017-08-01

    Demand response plays an important role in maintaining the economic stability of the system, and has the characteristics of high efficiency, low cost, fast response, good environmental benefits and so on. Demand side resource is an important part of electricity market. The research of demand side resources in our country is still in the initial stage, but the opening of the electricity sales side provides a broad prospect for the development of electricity market. This paper summarizes the main types of demand side resources in our country, analyzes the economic principle of demand response from the micro perspective, puts forward some suggestions on the operation mechanism of China’s demand side resources participating in the electricity market under the condition of electricity sales side opening, analyzes the current situation of pricing in the electricity wholesale market and sets up the pricing strategy of the centralized wholesale market with the demand side power supply participating in quotation, which makes the social and economic benefits reach the maximum.

  4. 77 FR 39689 - Application To Export Electric Energy; IPR-GDF SUEZ Energy Marketing North America, Inc.

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-07-05

    ...; IPR-GDF SUEZ Energy Marketing North America, Inc. AGENCY: Office of Electricity Delivery and Energy Reliability, DOE. ACTION: Notice of application. SUMMARY: IPR-GDF SUEZ Energy Marketing North America, Inc... Mexico would be surplus energy purchased from electric utilities, Federal power marketing agencies, and...

  5. Forecasting the market for electric vehicles in California using conjoint analysis

    SciTech Connect

    Segal, R.

    1995-12-31

    Beginning in 1998 a percentage of large auto companies` sales in California must include zero-emission vehicles (ZEVs), which at this time are synonymous with electric vehicles. Data on consumer values and the level of consumer acceptance for alternative fuel vehicles are necessary to determine the practicality of the State`s policy. This paper presents the results of a forecast for alternative fuel vehicle purchases in California. This forecast uses conjoint analysis, a multi-attribute utility market forecast methodology developed within the field of marketing research. The forecast yields several types of results, including market simulations of the alternative fuel vehicle market, relative preferences among vehicle attributes, and the identification of market segments most likely to purchase each type of vehicle. The research suggests a market for electric vehicles too small to support California`s ZEV sales mandate, and a very large market for natural gas vehicles. This paper concludes with a discussion of automobile and electric utility industry interests with regard to these forecast market consequences. 47 refs., 1 fig., 6 tabs.

  6. Barriers to healthcare coordination in market-based and decentralized public health systems: a qualitative study in healthcare networks of Colombia and Brazil.

    PubMed

    Vargas, Ingrid; Mogollón-Pérez, Amparo Susana; De Paepe, Pierre; Ferreira da Silva, Maria Rejane; Unger, Jean-Pierre; Vázquez, María-Luisa

    2016-07-01

    Although integrated healthcare networks (IHNs) are promoted in Latin America in response to health system fragmentation, few analyses on the coordination of care across levels in these networks have been conducted in the region. The aim is to analyse the existence of healthcare coordination across levels of care and the factors influencing it from the health personnel' perspective in healthcare networks of two countries with different health systems: Colombia, with a social security system based on managed competition and Brazil, with a decentralized national health system. A qualitative, exploratory and descriptive-interpretative study was conducted, based on a case study of healthcare networks in four municipalities. Individual semi-structured interviews were conducted with a three stage theoretical sample of (a) health (112) and administrative (66) professionals of different care levels, and (b) managers of providers (42) and insurers (14). A thematic content analysis was conducted, segmented by cases, informant groups and themes. The results reveal poor clinical information transfer between healthcare levels in all networks analysed, with added deficiencies in Brazil in the coordination of access and clinical management. The obstacles to care coordination are related to the organization of both the health system and the healthcare networks. In the health system, there is the existence of economic incentives to compete (exacerbated in Brazil by partisan political interests), the fragmentation and instability of networks in Colombia and weak planning and evaluation in Brazil. In the healthcare networks, there are inadequate working conditions (temporary and/or part-time contracts) which hinder the use of coordination mechanisms, and inadequate professional training for implementing a healthcare model in which primary care should act as coordinator in patient care. Reforms are needed in these health systems and networks in order to modify incentives, strengthen

  7. Barriers to healthcare coordination in market-based and decentralized public health systems: a qualitative study in healthcare networks of Colombia and Brazil

    PubMed Central

    Vargas, Ingrid; Mogollón-Pérez, Amparo Susana; De Paepe, Pierre; Ferreira da Silva, Maria Rejane; Unger, Jean-Pierre; Vázquez, María-Luisa

    2016-01-01

    Although integrated healthcare networks (IHNs) are promoted in Latin America in response to health system fragmentation, few analyses on the coordination of care across levels in these networks have been conducted in the region. The aim is to analyse the existence of healthcare coordination across levels of care and the factors influencing it from the health personnel’ perspective in healthcare networks of two countries with different health systems: Colombia, with a social security system based on managed competition and Brazil, with a decentralized national health system. A qualitative, exploratory and descriptive–interpretative study was conducted, based on a case study of healthcare networks in four municipalities. Individual semi-structured interviews were conducted with a three stage theoretical sample of (a) health (112) and administrative (66) professionals of different care levels, and (b) managers of providers (42) and insurers (14). A thematic content analysis was conducted, segmented by cases, informant groups and themes. The results reveal poor clinical information transfer between healthcare levels in all networks analysed, with added deficiencies in Brazil in the coordination of access and clinical management. The obstacles to care coordination are related to the organization of both the health system and the healthcare networks. In the health system, there is the existence of economic incentives to compete (exacerbated in Brazil by partisan political interests), the fragmentation and instability of networks in Colombia and weak planning and evaluation in Brazil. In the healthcare networks, there are inadequate working conditions (temporary and/or part-time contracts) which hinder the use of coordination mechanisms, and inadequate professional training for implementing a healthcare model in which primary care should act as coordinator in patient care. Reforms are needed in these health systems and networks in order to modify incentives

  8. 78 FR 64207 - Application To Export Electric Energy; New Brunswick Energy Marketing Corporation (f/k/a New...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2013-10-28

    ... Power Generation Corporation, has applied to renew its authority to transmit electric energy from the... Generation Corporation, to transmit electric energy from the United States to Canada as a power marketer for... Application To Export Electric Energy; New Brunswick Energy Marketing Corporation (f/k/a New Brunswick...

  9. Smart computer-assisted markets.

    PubMed

    McCabe, K A; Rassenti, S J; Smith, V L

    1991-10-25

    The deregulation movement has motivated the experimental study of auction markets designed for interdependent network industries such as natural gas pipelines or electric power systems. Decentralized agents submit bids to buy commodity and offers to sell transportation and commodity to a computerized dispatch center. Computer algorithms determine prices and allocations that maximize the gains from exchange in the system relative to the submitted bids and offers. The problem is important, because traditionally the scale and coordination economies in such industries were thought to require regulation. Laboratory experiments are used to study feasibility, limitations, incentives, and performance of proposed market designs for deregulation, providing motivation for new theory.

  10. Artificial neural network and SARIMA based models for power load forecasting in Turkish electricity market

    PubMed Central

    2017-01-01

    Load information plays an important role in deregulated electricity markets, since it is the primary factor to make critical decisions on production planning, day-to-day operations, unit commitment and economic dispatch. Being able to predict the load for a short term, which covers one hour to a few days, equips power generation facilities and traders with an advantage. With the deregulation of electricity markets, a variety of short term load forecasting models are developed. Deregulation in Turkish Electricity Market has started in 2001 and liberalization is still in progress with rules being effective in its predefined schedule. However, there is a very limited number of studies for Turkish Market. In this study, we introduce two different models for current Turkish Market using Seasonal Autoregressive Integrated Moving Average (SARIMA) and Artificial Neural Network (ANN) and present their comparative performances. Building models that cope with the dynamic nature of deregulated market and are able to run in real-time is the main contribution of this study. We also use our ANN based model to evaluate the effect of several factors, which are claimed to have effect on electrical load. PMID:28426739

  11. Artificial neural network and SARIMA based models for power load forecasting in Turkish electricity market.

    PubMed

    Bozkurt, Ömer Özgür; Biricik, Göksel; Tayşi, Ziya Cihan

    2017-01-01

    Load information plays an important role in deregulated electricity markets, since it is the primary factor to make critical decisions on production planning, day-to-day operations, unit commitment and economic dispatch. Being able to predict the load for a short term, which covers one hour to a few days, equips power generation facilities and traders with an advantage. With the deregulation of electricity markets, a variety of short term load forecasting models are developed. Deregulation in Turkish Electricity Market has started in 2001 and liberalization is still in progress with rules being effective in its predefined schedule. However, there is a very limited number of studies for Turkish Market. In this study, we introduce two different models for current Turkish Market using Seasonal Autoregressive Integrated Moving Average (SARIMA) and Artificial Neural Network (ANN) and present their comparative performances. Building models that cope with the dynamic nature of deregulated market and are able to run in real-time is the main contribution of this study. We also use our ANN based model to evaluate the effect of several factors, which are claimed to have effect on electrical load.

  12. Competitive Electricity Markets and System Reliability: The Case for New England's Proposed Locational Capacity Market

    SciTech Connect

    Farr, John G.; Felder, Frank A.

    2005-10-01

    Clear evidence exists that the existing wholesale markets in New England are failing to provide sufficient incentives to invest. The ISO-NE LICAP proposal is designed to ensure that New England markets attract sufficient generation resources to protect reliability while being mindful of the added cost burden that it will produce.

  13. Role of CCTs in the evolving domestic electricity market

    SciTech Connect

    Grahame, T.J.

    1997-12-31

    The paper summarizes the key points and issues in the role of clean coal technologies in the domestic marketplace. Then suggested solutions to bringing precommercial CCTs to the market are presented. Finally, the outlook for possible actions by government and the private sector are briefly discussed.

  14. Cooling the Campus: Experiences from a Pilot Study to Reduce Electricity Use at Tufts University, USA, Using Social Marketing Methods

    ERIC Educational Resources Information Center

    Marcell, Kristin; Agyeman, Julian; Rappaport, Ann

    2004-01-01

    A community-based social marketing (CBSM) campaign to reduce student electricity use and greenhouse gas emissions was undertaken at Tufts University in Medford, Massachusetts. Social marketing methods follow a commercial marketing model and involve market research into the planning, pricing, communication, distribution, and evaluation of methods…

  15. Cooling the Campus: Experiences from a Pilot Study to Reduce Electricity Use at Tufts University, USA, Using Social Marketing Methods

    ERIC Educational Resources Information Center

    Marcell, Kristin; Agyeman, Julian; Rappaport, Ann

    2004-01-01

    A community-based social marketing (CBSM) campaign to reduce student electricity use and greenhouse gas emissions was undertaken at Tufts University in Medford, Massachusetts. Social marketing methods follow a commercial marketing model and involve market research into the planning, pricing, communication, distribution, and evaluation of methods…

  16. Evaluation of wholesale electric power market rules and financial risk management by agent-based simulations

    NASA Astrophysics Data System (ADS)

    Yu, Nanpeng

    As U.S. regional electricity markets continue to refine their market structures, designs and rules of operation in various ways, two critical issues are emerging. First, although much experience has been gained and costly and valuable lessons have been learned, there is still a lack of a systematic platform for evaluation of the impact of a new market design from both engineering and economic points of view. Second, the transition from a monopoly paradigm characterized by a guaranteed rate of return to a competitive market created various unfamiliar financial risks for various market participants, especially for the Investor Owned Utilities (IOUs) and Independent Power Producers (IPPs). This dissertation uses agent-based simulation methods to tackle the market rules evaluation and financial risk management problems. The California energy crisis in 2000-01 showed what could happen to an electricity market if it did not go through a comprehensive and rigorous testing before its implementation. Due to the complexity of the market structure, strategic interaction between the participants, and the underlying physics, it is difficult to fully evaluate the implications of potential changes to market rules. This dissertation presents a flexible and integrative method to assess market designs through agent-based simulations. Realistic simulation scenarios on a 225-bus system are constructed for evaluation of the proposed PJM-like market power mitigation rules of the California electricity market. Simulation results show that in the absence of market power mitigation, generation company (GenCo) agents facilitated by Q-learning are able to exploit the market flaws and make significantly higher profits relative to the competitive benchmark. The incorporation of PJM-like local market power mitigation rules is shown to be effective in suppressing the exercise of market power. The importance of financial risk management is exemplified by the recent financial crisis. In this

  17. Linear decentralized learning control

    NASA Technical Reports Server (NTRS)

    Lee, Soo C.; Longman, Richard W.; Phan, Minh

    1992-01-01

    The new field of learning control develops controllers that learn to improve their performance at executing a given task, based on experience performing this task. The simplest forms of learning control are based on the same concept as integral control, but operating in the domain of the repetitions of the task. This paper studies the use of such controllers in a decentralized system, such as a robot with the controller for each link acting independently. The basic result of the paper is to show that stability of the learning controllers for all subsystems when the coupling between subsystems is turned off, assures stability of the decentralized learning in the coupled system, provided that the sample time in the digital learning controller is sufficiently short.

  18. The Nordic energy market model an electricity power exchange across national borders

    SciTech Connect

    Randen, H.; Andersen, J.H.

    1998-07-01

    As a first step towards a Nordic Power Exchange the Swedish and the Norwegian electricity market were merged into one free trade area. Norwegian and Swedish participants trade on equal terms on the market. Finnish and Danish participants trade on special terms towards the common Norwegian-Swedish free trade area. Finland will be included in the free trade area in 1998. Nord Pool is responsible for two markets. The Spot Market is the Nordic market for physical delivery power. In this market participants trade power contracts for next-day delivery. A price is determined for each hour based on bids and offer from the participants. The Spot Market serves as reference price for Nord Pool's Futures and Forward Market and reference price in the bilateral wholesale market. The Futures and Forward Markets are financial markets for price hedging and risk management. Through these market the participants can hedge purchase and sale of power within a time horizon of up to three years. In the bilateral wholesale market there is a high trade activity of financial contracts that are standardized in the same manner as Nord Pools forwards. Nord Pool has therefore established a clearing service where contracts that are traded on bilateral basis can be cleared through Nord Pool and with Nord Pool as counterpart. More than 200 participants from Norway, Sweden, Finland, Denmark and England trade through Nord Pool. A general goal is to develop the market to include all four nordic countries in one common free trade area in close co-operation with the power business in the countries. There are different conditions for competition in the four countries, and much coordinating work is therefore still left to be done.

  19. Cross-correlation detection and analysis for California's electricity market based on analogous multifractal analysis.

    PubMed

    Wang, Fang; Liao, Gui-ping; Li, Jian-hui; Zou, Rui-biao; Shi, Wen

    2013-03-01

    A novel method, which we called the analogous multifractal cross-correlation analysis, is proposed in this paper to study the multifractal behavior in the power-law cross-correlation between price and load in California electricity market. In addition, a statistic ρAMF-XA, which we call the analogous multifractal cross-correlation coefficient, is defined to test whether the cross-correlation between two given signals is genuine or not. Our analysis finds that both the price and load time series in California electricity market express multifractal nature. While, as indicated by the ρAMF-XA statistical test, there is a huge difference in the cross-correlation behavior between the years 1999 and 2000 in California electricity markets.

  20. Study on economic withholding in electricity market of Zhejiang Province, China

    NASA Astrophysics Data System (ADS)

    Zhou, H.; Chen, B.; Han, Z. X.; Zhang, F. Q.

    2009-05-01

    Power suppliers with market power intend to bid high-price to obtain excessive profit when intensions in the balance of electricity supply and demand emerge. New index is thus necessary to be defined to assess the economic withholding behavior associated with both bidding prices and corresponding bidding capacity. Stages of low price section, economic withholding section and reasonable adventure section were classified in this paper. Based on bidding prices and capacity, absolute index and relative index were proposed to measure the economic withholding degree, with the former used for estimation of the total power system while the latter for comparisons amongst different units. A case study on Zhejiang electricity market indicated that these two proposed indices can accurately assess the economic withholding behavior in the electricity market. Finally, upper limit was suggested to be set for the relative index to suppress the behavior of excessive bidding prices in short of capacity.

  1. Cross-correlation detection and analysis for California's electricity market based on analogous multifractal analysis

    NASA Astrophysics Data System (ADS)

    Wang, Fang; Liao, Gui-ping; Li, Jian-hui; Zou, Rui-biao; Shi, Wen

    2013-03-01

    A novel method, which we called the analogous multifractal cross-correlation analysis, is proposed in this paper to study the multifractal behavior in the power-law cross-correlation between price and load in California electricity market. In addition, a statistic ρAMF -XA, which we call the analogous multifractal cross-correlation coefficient, is defined to test whether the cross-correlation between two given signals is genuine or not. Our analysis finds that both the price and load time series in California electricity market express multifractal nature. While, as indicated by the ρAMF -XA statistical test, there is a huge difference in the cross-correlation behavior between the years 1999 and 2000 in California electricity markets.

  2. Understanding electricity market reforms and the case of Philippine deregulation

    SciTech Connect

    Santiago, Andrea; Roxas, Fernando

    2010-03-15

    The experience of the Philippines offers lessons that should be relevant to any country seeking to deregulate its power industry. Regardless of structure, consumers must face the real price of electricity production and delivery that is closer to marginal cost. Politically motivated prices merely shift the burden from ratepayers to taxpayers. And any reform should work within a reasonable timetable. (author)

  3. Information management in retail market design in the electricity supply industry

    NASA Astrophysics Data System (ADS)

    Farrow, Elizabeth Florence

    The retail electricity market is no different from any other market in the need to know how much of a good is bought and by whom and when. However what sets the electricity market apart is the time definition of the "when" and therein lies the problem. It is not enough to know how much a customer uses; it is when that use takes place that is important. In an ideal world all customers would have their consumption measured accurately and in real time. Costs however are a problem in the real world and other less costly approaches are needed. Market designers then have to decide which measurement approach to apply to which group of customers. Affordability has been the main criterion used. If the costs of measurement are a small percentage annual outlay on electricity (usually based on a fixed rate) then that measurement approach is deemed appropriate. This dissertation presents a method for determining a solution that is optimal for customer and retailer. Retailers are assumed to maximize profit in providing a fixed rate and a market-based pricing option. The latter has a measurement cost attached. Customers choose the pricing option that minimizes their costs and reflects their ability to respond to market prices. The threshold level determined from this optimization depends not only on the cost of measurement but also on the level and variability of electricity prices, but most importantly it depends on the ability of an individual customer to change the pattern of electricity use across the day. The optimization method does more than replace affordability in the determination of appropriate threshold levels between measurement options. The method: (1) underscores the need to look at threshold levels not on a consumption basis but on an individual customer's ability to modify usage patterns in response to market prices, in other words ability to substitute across time periods; (2) highlights the need for a flexible approach to measurement; there must be a choice of

  4. Generator Bidding Strategies in a Competitive Electricity Market with Derating and Bid-Segment Considerations

    SciTech Connect

    Lu, Ning; Chow, Joe H.; Desrochers, Alan A.

    2009-07-31

    This paper develops optimal generator bidding strategies in a competitive electricity market. Starting from a generator’s cost curve, basic bidding concepts such as the break-even bid curve and the maximum profit bid curve can be readily derived. The maximum profit bid curve can be extended to account for generator availability and derating. In addition, multiple-segment block energy bids can be optimized based on the maximum profit curve and the probabilistic distribution of market clearing prices.

  5. Role of Pumped Storage Hydro Resources in Electricity Markets and System Operation: Preprint

    SciTech Connect

    Ela, E.; Kirby, B.; Botterud, A.; Milostan, C.; Krad, I.; Koritarov, V.

    2013-05-01

    The most common form of utility- sized energy storage system is the pumped storage hydro system. Originally, these types of storage systems were economically viable simply because they displace more expensive generating units. However, over time, as those expensive units became more efficient and costs declined, pumped hydro storage units no longer have the operational edge. As a result, in the current electricity market environment, pumped storage hydro plants are struggling. To offset this phenomenon, certain market modifications should be addressed. This paper will introduce some of the challenges faced by pumped storage hydro plants in today's markets and purpose some solutions to those problems.

  6. Multi-agent simulations of the electricity market in central Europe.

    SciTech Connect

    Botterud, A.; Koritarov, V.; Thimmapuram, P. R.; Decision and Information Sciences

    2006-01-01

    Researchers use agent-based modeling and simulation (ABMS) and applications in electricity markets in Central Europe. They look at production cost, impact of CO{sub 2} emission allowances, strategic bidding in Germany and demand response. Advantages of using ABMS for market power analysis are more realistic market behavior than equilibrium models and detailed representation of physical system and market rules. Some challenges with ABMS are complex process to analyze results which makes it often necessary to run a high number of simulations and it is difficult to draw general conclusions. The case study looked at CO{sub 2} scheme that increases price and GenCo profits and reduces CO{sub 2} emissions. Price responsive demand an important countermeasure to market power.

  7. Plug-in electric vehicle market penetration and incentives: a global review

    SciTech Connect

    Zhou, Yan; Wang, Michael; Hao, Han; Johnson, Larry R.; Wang, Hewu

    2015-06-01

    Plug-in electric vehicles (PEVs) have been commercially available in the global market for about 3 years. Many countries have policies designed to stimulate consumer acceptance and accelerate market adoption. In the United States (U.S.), the biggest PEV market, sales have more than tripled since 2011. During the same period, PEV sales have increased, albeit slowly, in most western European countries. Notably, some European countries, such as Norway, showed strong increases mainly owing to generous incentives to PEV consumers. Japan is the second-largest PEV market in terms of number of vehicles sold. The Nissan battery electric vehicle (BEV) Leaf is the top-selling PEV model, with more than 100,000 units sold globally since its launch in 2010. In contrast, after 3 years of policy stimulation, PEV market share in China is still lower than 0.1 % of total car sales, and most of these vehicles were purchased by either central or local governments. However, PEV bus production in China has increased dramatically over last 3 years. These market trends, together with strong government policies, show that national and regional PEV-related incentives in selected countries can play an important role in jump-starting the PEV market.

  8. Analyzing interaction of electricity markets and environmental policies using equilibrium models

    NASA Astrophysics Data System (ADS)

    Chen, Yihsu

    Around the world, the electric sector is evolving from a system of regulated vertically-integrated monopolies to a complex system of competing generation companies, unregulated traders, and regulated transmission and distribution. One emerging challenge faced by environmental policymakers and electricity industry is the interaction between electricity markets and environmental policies. The objective of this dissertation is to examine these interactions using large-scale computational models of electricity markets based on noncooperative game theory. In particular, this dissertation is comprised of four essays. The first essay studies the interaction of the United States Environmental Protection Agency NOx Budget Program and the mid-Atlantic electricity market. This research quantifies emissions, economic inefficiencies, price distortions, and overall social welfare under various market assumptions using engineering-economic models. The models calculate equilibria for imperfectly competitive markets---Cournot oligopoly---considering the actual landscape of power plants and transmission lines, and including the possibility of market power in the NOx allowances market. The second essay extends the results from first essay and models imperfectly competitive markets using a Stackelberg or leader-follower formulation. A leader in the power and NO x markets is assumed to have perfect foresight of its rivals' responses. The rivals' best response functions are explicitly embedded in the leader's constraints. The solutions quantify the extent to which a leader in the markets can extract economic rents on the expense of its followers. The third essay investigates the effect of implementing the European Union (EU) CO2 Emissions Trading Scheme (ETS) on wholesale power prices in the Western European electricity market. This research uses theoretical and computational modeling approaches to quantify the degree to which CO2 costs were passed on to power prices, and quantifies the

  9. Regulatory environment and its impact on the market value of investor-owned electric utilities

    NASA Astrophysics Data System (ADS)

    Vishwanathan, Raman

    While other regulated industries have one by one been exposed to competitive reform, electric power, for over eighty years, has remained a great monopoly. For all those years, the vertically integrated suppliers of electricity in the United States have been assigned exclusive territorial (consumer) franchises and have been closely regulated. This environment is in the process change because the electric power industry is currently undergoing some dramatic adjustments. Since 1992, a number of states have initiated regulatory reform and are moving to allow retail customers to choose their energy supplier. There has also been a considerable federal government role in encouraging competition in the generation and transmission of electricity. The objective of this research is to investigate the reaction of investors to the prevailing regulatory environment in the electric utility industry by analyzing the market-to-book value for investor-owned electric utilities in the United States as a gauge of investor concern or support for change. In this study, the variable of interest is the market valuation of utilities, as it captures investor confidence to changes in the regulatory environment. Initially a classic regression model is analyzed on the full sample (of the 96 investor-owned utilities for the years 1992 through 1996), providing a total number of 480 (96 firms over 5 years) observations. Later fixed- and random-effects models are analyzed for the same full-sample model specified in the previous analysis. Also, the analysis is carried forward to examine the impact of the size of the utility and its degree of reliability on nuclear power generation on market values. In the period of this study, 1992--1996, the financial security markets downgraded utilities that were still operating in a regulated environment or had a substantial percentage of their power generation from nuclear power plants. It was also found that the financial market was sensitive to the size of

  10. Quantifying the value of hydropower in the electric grid : role of hydropower in existing markets.

    SciTech Connect

    Loose, Verne W.

    2011-01-01

    The electrical power industry is facing the prospect of integrating a significant addition of variable generation technologies in the next several decades, primarily from wind and solar facilities. Overall, transmission and generation reserve levels are decreasing and power system infrastructure in general is aging. To maintain grid reliability modernization and expansion of the power system as well as more optimized use of existing resources will be required. Conventional and pumped storage hydroelectric facilities can provide an increasingly significant contribution to power system reliability by providing energy, capacity and other ancillary services. However, the potential role of hydroelectric power will be affected by another transition that the industry currently experiences - the evolution and expansion of electricity markets. This evolution to market-based acquisition of generation resources and grid management is taking place in a heterogeneous manner. Some North American regions are moving toward full-featured markets while other regions operate without formal markets. Yet other U.S. regions are partially evolved. This report examines the current structure of electric industry acquisition of energy and ancillary services in different regions organized along different structures, reports on the current role of hydroelectric facilities in various regions, and attempts to identify features of market and scheduling areas that either promote or thwart the increased role that hydroelectric power can play in the future. This report is part of a larger effort led by the Electric Power Research Institute with purpose of examining the potential for hydroelectric facilities to play a greater role in balancing the grid in an era of greater penetration of variable renewable energy technologies. Other topics that will be addressed in this larger effort include industry case studies of specific conventional and hydro-electric facilities, systemic operating constraints

  11. The welfare effects of integrating renewable energy into electricity markets

    NASA Astrophysics Data System (ADS)

    Lamadrid, Alberto J.

    The challenges of deploying more renewable energy sources on an electric grid are caused largely by their inherent variability. In this context, energy storage can help make the electric delivery system more reliable by mitigating this variability. This thesis analyzes a series of models for procuring electricity and ancillary services for both individuals and social planners with high penetrations of stochastic wind energy. The results obtained for an individual decision maker using stochastic optimization are ambiguous, with closed form solutions dependent on technological parameters, and no consideration of the system reliability. The social planner models correctly reflect the effect of system reliability, and in the case of a Stochastic, Security Constrained Optimal Power Flow (S-SC-OPF or SuperOPF), determine reserve capacity endogenously so that system reliability is maintained. A single-period SuperOPF shows that including ramping costs in the objective function leads to more wind spilling and increased capacity requirements for reliability. However, this model does not reflect the inter temporal tradeoffs of using Energy Storage Systems (ESS) to improve reliability and mitigate wind variability. The results with the multiperiod SuperOPF determine the optimum use of storage for a typical day, and compare the effects of collocating ESS at wind sites with the same amount of storage (deferrable demand) located at demand centers. The collocated ESS has slightly lower operating costs and spills less wind generation compared to deferrable demand, but the total amount of conventional generating capacity needed for system adequacy is higher. In terms of the total system costs, that include the capital cost of conventional generating capacity, the costs with deferrable demand is substantially lower because the daily demand profile is flattened and less conventional generation capacity is then needed for reliability purposes. The analysis also demonstrates that the

  12. A stochastic electricity market clearing formulation with consistent pricing properties

    DOE PAGES

    Zavala, Victor M.; Kim, Kibaek; Anitescu, Mihai; ...

    2017-03-16

    We argue that deterministic market clearing formulations introduce arbitrary distortions between day-ahead and expected real-time prices that bias economic incentives. We extend and analyze a previously proposed stochastic clearing formulation in which the social surplus function induces penalties between day-ahead and real-time quantities. We prove that the formulation yields price bounded price distortions, and we show that adding a similar penalty term to transmission flows and phase angles ensures boundedness throughout the network. We prove that when the price distortions are zero, day-ahead quantities equal a quantile of their real-time counterparts. The undesired effects of price distortions suggest that stochasticmore » settings provide significant benefits over deterministic ones that go beyond social surplus improvements. Finally, we propose additional metrics to evaluate these benefits.« less

  13. An analysis of electricity price behavior when the market in California was dysfunctional

    NASA Astrophysics Data System (ADS)

    Lee, Yoo-Soo

    The electricity market in California worked well for the first two years after restructuring, but in the summer of 2000 there were frequent high price spikes and then persistently high prices during the winter and the spring of 2001. This research develops econometric models to explain the behavior of the spot and forward prices for electricity and the relationship between them when the market in California was dysfunctional. The first results demonstrate that the high spot prices in the day-ahead market during the summer of 2000 were caused by changes in the bid behavior of buyers as well as by the offer behavior of sellers. After the Federal Energy Regulatory Commission (FERC) declared that these high spot prices were "unjust and unreasonable", the FERC approved the payment of refunds to customers in California but not in other areas within the Western Inter-Connection (WECC). However, the results of a Vector Auto-Regressive model (VAR) show that the high spot prices in California were transferred immediately to other states in the WECC and the spot prices at different trading hubs belong to a single market. After the intervention by FERC in December 2000, spot prices and forward prices of electricity were unusually high. Estimated distributed lag models, using both monthly and daily data, show that there were strong positive relationships between the price shocks for electricity and natural gas in the spot markets and the forward prices for electricity. Risk premiums in the forward prices for electricity were estimated and the results show that the price shocks for electricity after FERC's intervention were the primary cause of the high forward prices. The main conclusions for regulatory policy are (1) it is virtually impossible to contain the effects of a dysfunctional electricity market to a single region because other regions are linked through the electrical grid, and (2) it is essential to intervene immediately and effectively when the spot prices have been

  14. Decentralized System Control.

    DTIC Science & Technology

    1986-04-01

    03-1 UNCLASSIFIED RRDC-TR-85-199 F30662-GI-C-029? F/O 9/2 UL U-- IIII"I 1.25 .4 11fl1.6 N ~ATIONAL BUREAU OF STANDARDS- 1963- * ....% S.A. 7-* S *.S .p...DECENTRALIZED SYSTEM CONTROLDTC JUL 251986 N Carnegie-Mellon University S L~~ E. Douglas Jensen, Raymond K. Clark, Robert P. Colwell. Charlie Y. Hitchcock...Chuck P. Kollar, C. Douglass Locke, John P. Lehoczky, J. Duane Northcutt, Norm L. Pieszkoch, N . Peter M. Schwarz, Lul Sha, Samuel E. Shipman, Hide Tokuda

  15. Developing hydropower in Washington state. Volume 2: An electricity marketing manual

    NASA Astrophysics Data System (ADS)

    James, J. W.; McCoy, G. A.

    1982-03-01

    An electricity marketing manual for the potential small and micro-hydroelectric project developer within the state of Washington is presented. Public utility regulatory policies (PURPA) requires electric utilities to interconnect with and pay a rate based on their full avoided costs for the purchase of electrical output from qualifying small power production facilities. The determination of avoided costs, as business organizational considerations, utility interface concerns, interconnection requirements, metering options, and liability and wheeling are discussed. The utility responses are summarized, legislation which is of importance to hydropower developers and the powers and functions of the authorities responsible for enforcing the mandate of PURPA are described.

  16. FACTS Devices Cost Recovery During Congestion Management in Deregulated Electricity Markets

    NASA Astrophysics Data System (ADS)

    Sharma, Ashwani Kumar; Mittapalli, Ram Kumar; Pal, Yash

    2016-09-01

    In future electricity markets, flexible alternating current transmission system (FACTS) devices will play key role for providing ancillary services. Since huge cost is involved for the FACTS devices placement in the power system, the cost invested has to be recovered in their life time for the replacement of these devices. The FACTS devices in future electricity markets can act as an ancillary services provider and have to be remunerated. The main contributions of the paper are: (1) investment recovery of FACTS devices during congestion management such as static VAR compensator and unified power flow controller along with thyristor controlled series compensator using non-linear bid curves, (2) the impact of ZIP load model on the FACTS cost recovery of the devices, (3) the comparison of results obtained without ZIP load model for both pool and hybrid market model, (4) secure bilateral transactions incorporation in hybrid market model. An optimal power flow based approach has been developed for maximizing social welfare including FACTS devices cost. The optimal placement of the FACTS devices have been obtained based on maximum social welfare. The results have been obtained for both pool and hybrid electricity market for IEEE 24-bus RTS.

  17. Efficiency measurement for regulatory market-structure regimes of the electric power industry

    NASA Astrophysics Data System (ADS)

    Briceno, Cecilia Maria

    This dissertation provides an empirical evaluation of market structure reforms that have been implemented in the Electric Power Industry between 1980 and 1999. The analysis is based on the experience of Latin American countries and to some extent of OECD countries. Market structure reforms pose certain tradeoffs. Economic theory suggests that such tradeoffs depend on parameters that can only be estimated econometrically. The tradeoffs arise in industries where vertical relationships between production layers result from the interaction between competitive markets and regulated markets. The implications of different structural arrangements can be clarified by empirical work. This comparative analysis of the recent international experience in the electric power industry addresses these implications. The results of this research support the claim that vertical separation between generation, transmission and distribution is the most efficient regulatory regime, and, as such, a central feature of reform processes in the electric power industry. The empirical analysis uses the distance function as an analytical tool to estimate relative efficiency for each market structure arrangement. For this purpose, the present study assembles a panel set covering 40 countries during a 20-year period.

  18. 75 FR 28004 - Credit Reforms in Organized Wholesale Electric Markets; Notice Establishing Date for Comments

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-05-19

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Credit Reforms in Organized Wholesale Electric Markets; Notice Establishing Date for Comments May 12, 2010. On May 11, 2010, Commission staff convened a technical...

  19. 77 FR 61895 - Electricity Market Transparency Provisions of Section 220 of the Federal Power Act

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-10-11

    ... Electricity Market Transparency Provisions of Section 220 of the Federal Power Act; Final Rule #0;#0;Federal... Section 220 of the Federal Power Act AGENCY: Federal Energy Regulatory Commission, DOE. ACTION: Final rule. SUMMARY: The Commission is revising its regulations pursuant to section 220 of the Federal Power Act...

  20. Benefits and Challenges of Achieving a Mainstream Market for Electric Vehicles

    SciTech Connect

    Ungar, Edward; Mueller, Howard; Smith, Brett

    2010-08-01

    The Plug-in Hybrid electric Vehicle (PHEV) Market Introduction Study Final Report identified a range of policies, incentives and regulations designed to enhance the probability of success in commercializing PHEVs as they enter the automotive marketplace starting in 2010. The objective of the comprehensive PHEV Value Proposition study, which encompasses the PHEV Market Introduction Study, is to better understand the value proposition that PHEVs (as well as other plug-in electric vehicle platforms - PEVs) provide to the auto companies themselves, to the consumer and to the public at large as represented by the government and its public policies. In this report we use the more inclusive term PEVs, to include PHEVs, BEVs (battery electric vehicles that operate only on battery) and EREVs (extended range electric vehicles that combine battery electric vehicles with an internal combustion engine that charges the battery as needed). The objective of Taratec's contribution to Phase 2 of the PHEV Value Proposition Study is to develop a clear understanding of the benefits of PEVs to three stakeholders - auto original equipment manufacturers (OEMs), utilities, and the government - and of the technical and commercial challenges and risks to be overcome in order to achieve commercial success for these vehicles. The goal is to understand the technical and commercial challenges in moving from the 'early adopters' at the point of market introduction of these vehicles to a 'sustainable' mainstream market in which PEVs and other PEVs represent a normal, commercially available and attractive vehicle to the mainstream consumer. For the purpose of this study, that sustainable market is assumed to be in place in the 2030 timeframe. The principal focus of the study is to better understand the technical and commercial challenges in the transition from early adopters to a sustainable mainstream consumer market. Effectively, that translates to understanding the challenges to be overcome

  1. Forward and Spot Prices in Multi-Settlement Wholesale Electricity Markets

    NASA Astrophysics Data System (ADS)

    Larrieu, Jeremy

    In organized wholesale electricity markets, power is sold competitively in a multi-unit multi-settlement single-price auction comprised of a forward and a spot market. This dissertation attempts to understand the structure of the forward premium in these markets, and to identify the factors that may lead forward and spot prices to converge or diverge. These markets are unique in that the forward demand is price-sensitive, while spot residual demand is perfectly inelastic and must be met in full, a crucial design feature the literature often glosses over. An important contribution of this dissertation is the explicit modeling of each market separately in order to understand how generation and load choose to act in each one, and the consequences of these actions on equilibrium prices and quantities given that firms maximize joint profits over both markets. In the first essay, I construct a two-settlement model of electricity prices in which firms that own asymmetric capacity-constrained units facing convex costs compete to meet demand from consumers, first in quantities, then in prices. I show that the forward premium depends on the costliness of spot production relative to firms' ability to exercise market power by setting quantities in the forward market. In the second essay, I test the model from the first essay with unit-level capacity and marginal cost data from the California Independent System Operator (CAISO). I show that the model closely replicates observed price formation in the CAISO. In the third essay, I estimate a time series model of the CAISO forward premium in order to measure the impact that virtual bidding has had on forward and spot price convergence in California between April 2009 and March 2014. I find virtual bidding to have caused forward and spot prices to diverge due to the large number of market participants looking to hedge against - or speculate on - the occurrence of infrequent but large spot price spikes by placing virtual demand bids.

  2. 78 FR 29131 - Electricity MASS, LLC; Supplemental Notice that Initial Market-Based Rate Filing Includes Request...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2013-05-17

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Electricity MASS, LLC; Supplemental Notice that Initial Market- Based Rate...-referenced proceeding, of Electricity MASS, LLC's application for market-based rate authority, with...

  3. 77 FR 62510 - C.N. Brown Electricity, LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-10-15

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission C.N. Brown Electricity, LLC; Supplemental Notice That Initial Market-Based... above-referenced proceeding, of C.N. Brown Electricity, LLC's application for market-based...

  4. 77 FR 68768 - Electricity Market Transparency Provisions of Section 220 of the Federal Power Act; Notice of...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-11-16

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Electricity Market Transparency Provisions of Section 220 of the Federal... Commission Meeting Room at 888 First Street NE., Washington, DC 20426. \\1\\ Electricity Market...

  5. 77 FR 9227 - AP Gas & Electric (NY), LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-02-16

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission AP Gas & Electric (NY), LLC; Supplemental Notice That Initial Market-Based... above-referenced proceeding of AP Gas & Electric (NY), LLC's application for market-based rate...

  6. 77 FR 9227 - AP Gas & Electric (OH), LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-02-16

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission AP Gas & Electric (OH), LLC; Supplemental Notice That Initial Market-Based... above-referenced proceeding of AP Gas & Electric (OH), LLC's application for market-based rate...

  7. 77 FR 9228 - AP Gas & Electric (MD), LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-02-16

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission AP Gas & Electric (MD), LLC; Supplemental Notice That Initial Market-Based... above-referenced proceeding of AP Gas & Electric (MD), LLC's application for market-based rate...

  8. 77 FR 9228 - AP Gas & Electric (IL), LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-02-16

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission AP Gas & Electric (IL), LLC; Supplemental Notice That Initial Market-Based... above-referenced proceeding of AP Gas & Electric (IL), LLC's application for market-based rate...

  9. 77 FR 9227 - AP Gas & Electric (NJ), LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-02-16

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission AP Gas & Electric (NJ), LLC; Supplemental Notice That Initial Market-Based... above-referenced proceeding of AP Gas & Electric (NJ), LLC's application for market-based rate...

  10. 76 FR 77815 - Ethical Electric Benefit Co.; Supplemental Notice That Initial Market-Based Rate Filing Includes...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2011-12-14

    ... Energy Regulatory Commission Ethical Electric Benefit Co.; Supplemental Notice That Initial Market-Based... above-referenced proceeding of Ethical Electric Benefit Co.'s application for market-based rate... authorization, under 18 CFR part 34, of future issuances of securities and assumptions of liability. Any...

  11. Impacts of Western Area Power Administration`s power marketing alternatives on electric utility systems

    SciTech Connect

    Veselka, T.D.; Portante, E.C.; Koritarov, V.

    1995-03-01

    This technical memorandum estimates the effects of alternative contractual commitments that may be initiated by the Western Area Power Administration`s Salt Lake City Area Office. It also studies hydropower operational restrictions at the Salt Lake City Area Integrated Projects in combination with these alternatives. Power marketing and hydropower operational effects are estimated in support of Western`s Electric Power Marketing Environmental Impact Statement (EIS). Electricity production and capacity expansion for utility systems that will be directly affected by alternatives specified in the EIS are simulated. Cost estimates are presented by utility type and for various activities such as capacity expansion, generation, long-term firm purchases and sales, fixed operation and maintenance expenses, and spot market activities. Operational changes at hydropower facilities are also investigated.

  12. Green marketing in the Massachusetts electric company retail competition pilot program

    SciTech Connect

    Rothstein, S.M.; Fang, J.M.

    1997-10-01

    With electric industry restructuring initiatives being introduced on the state and federal levels, retail access pilot programs serve an important function for examining competitive market issues, as well as marketing strategies and customer reactions to different power supply options. The experience gained through these pilots provides important insights into future power market operations, including the market for green power. The Massachusetts Electric Company`s (MECo`s) Choice: New England pilot for residential and small-business customers was a voluntary program developed primarily to test the billing and metering logistics that distribution companies will need in the competitive market. The pilot also offered a preview of program implementation and marketing under customer choice. It was the first retail competition pilot to explicitly include green power options in program design. The MECo pilot`s energy suppliers were selected through the issuance of a request for proposals (RFP). Respondents were asked to submit bids in one or more of three energy supply categories-price, green, and other options. These options were developed by the pilot administrator through internal meetings, discussions with state officials and other stakeholders, and a review of information from other similar pilots. For the green option, the pilot administrator did not establish a green standard. Instead, suppliers were allowed to submit offers that promoted environmental stewardship. Customer response to the different green options are reported. The pilot results clearly demonstrate that, in a competitive situation, there is interest in a variety of energy supply options, including green options. 2 tabs.

  13. A Study of Demand Response Effect of Thermal Storage Air-Conditioning Systems in Consideration of Electricity Market Prices

    NASA Astrophysics Data System (ADS)

    Omagari, Yuko; Sugihara, Hideharu; Tsuji, Kiichiro

    This paper evaluates the economic impact of the introduction of customer-owned Thermal Storage Air-conditioning (TSA) systems, in an electricity market, from the viewpoint of the load service entity. We perform simulations on the condition that several thousand customers install TSA systems and shift peak demand in an electricity market by one percent. Our numerical results indicate that the purchase cost of the LSE was reduced through load management of customers with TSA systems. The introduction of TSA systems also reduced the volatility of market clearing price and reduced the whole-trade cost in an electricity market.

  14. Plug-In Hybrid Electric Vehicle Market Introduction Study: Final Report

    SciTech Connect

    Sikes, Karen; Gross, Thomas; Lin, Zhenhong; Sullivan, John; Cleary, Timothy; Ward, Jake

    2010-02-01

    Oak Ridge National Laboratory (ORNL), Sentech, Inc., Pacific Northwest National Laboratory (PNNL)/University of Michigan Transportation Research Institute (UMTRI), and the U.S. Department of Energy (DOE) have conducted a Plug-in Hybrid Electric Vehicle (PHEV) Market Introduction Study to identify and assess the effect of potential policies, regulations, and temporary incentives as key enablers for a successful market debut. The timeframe over which market-stimulating incentives would be implemented - and the timeframe over which they would be phased out - are suggested. Possible sources of revenue to help fund these mechanisms are also presented. In addition, pinch points likely to emerge during market growth are identified and proposed solutions presented. Finally, modeling results from ORNL's Market Acceptance of Advanced Automotive Technologies (MA3T) Model and UMTRI's Virtual AutoMotive MarketPlace (VAMMP) Model were used to quantify the expected effectiveness of the proposed policies and to recommend a consensus strategy aimed at transitioning what begins as a niche industry into a thriving and sustainable market by 2030. The primary objective of the PHEV Market Introduction Study is to identify the most effective means for accelerating the commercialization of PHEVs in order to support national energy and economic goals. Ideally, these mechanisms would maximize PHEV sales while minimizing federal expenditures. To develop a robust market acceleration program, incentives and policies must be examined in light of: (1) clarity and transparency of the market signals they send to the consumer; (2) expenditures and resources needed to support them; (3) expected impacts on the market for PHEVs; (4) incentives that are compatible and/or supportive of each other; (5) complexity of institutional and regulatory coordination needed; and (6) sources of funding.

  15. Nuclear power and the market value of the shares of electric utilities

    NASA Astrophysics Data System (ADS)

    Lyons, Joseph T.

    The most basic principle of security valuation is that market prices are determined by investors' expectations of the firm's performance in the future. These expectations are generally understood to be related to the risk that investors will bear by holding the firm's equity. There is considerable evidence that financial statements prepared in accordance with accrual-based accounting standards consistent with Generally Accepted Accounting Principles (GAAP) have information content relevant to the establishment of market prices. In 2001, the Financial Accounting Standards Board (FASB) issued Statement of Financial Accounting Standard No. 143, "Accounting for Asset Retirement Obligations," changing the accounting standards that must be used to prepare financial statements. This paper investigates the effect that investment in nuclear power has on the market value of electric utilities and the impact on the securities markets of the significant changes in financial statement presentation mandated by this new standard.

  16. Deregulation of the California electric power industry: An analysis of electric and natural gas corporate mergers and their effect on the California electric power market

    NASA Astrophysics Data System (ADS)

    Hornbuckle, James Dixon

    Deregulation of the electric utility industry in California is moving in a direction that places greater reliance on the market forces of competition. Investor owned utilities (IOU's) are using mergers and acquisitions to improve their ability to compete in this new environment. Two large mergers were proposed in 1996 that could affect the California market. The first is between Enron Corporation, a large power marketer and Portland General Corporation, owner of Portland General Electric. The second is between Pacific Enterprises Inc., owner of Southern California Gas Company, the largest natural gas utility in the U. S., and Enova Corporation, owner of San Diego Gas and Electric Company. Understanding the impact of these mergers on the California electric power market is the focus of this study. This study examines hypotheses dealing with: (1) Merger Strategy, (2) Efficiency, and (3) Market Power. Using the Miles and Snow (1978) typology, I develop a strategic orientation model for the merger participants and their competitors. The results suggest a two-stage strategic orientation: (1) regulated core business stage, where the firms follow a Defender strategy, and (2) unregulated business stage, where the firms follow a Prospector strategy. Further, the results show the mergers are consistent with the strategy of Enron and Pacific Enterprises. Event study methodology, dollar gains/losses and market value weighted returns are used to determine if the mergers support the efficiency hypothesis. The evidence suggests the mergers lead to increased competitive advantage through improved efficiency for the participants. The results also suggest the mergers do not harm the rivals. The results of structural changes made by the California Public Utilities Commission (CPUC) in deregulation of the California market and analysis of the mergers by the CPUC and the Public Utility Commission of Oregon suggest that the exercise of market power is not a significant issue. Finally

  17. A comparison of pay-as-bid and marginal pricing in electricity markets

    NASA Astrophysics Data System (ADS)

    Ren, Yongjun

    This thesis investigates the behaviour of electricity markets under marginal and pay-as-bid pricing. Marginal pricing is believed to yield the maximum social welfare and is currently implemented by most electricity markets. However, in view of recent electricity market failures, pay-as-bid has been extensively discussed as a possible alternative to marginal pricing. In this research, marginal and pay-as-bid pricing have been analyzed in electricity markets with both perfect and imperfect competition. The perfect competition case is studied under both exact and uncertain system marginal cost prediction. The comparison of the two pricing methods is conducted through two steps: (i) identify the best offer strategy of the generating companies (gencos); (ii) analyze the market performance under these optimum genco strategies. The analysis results together with numerical simulations show that pay-as-bid and marginal pricing are equivalent in a perfect market with exact system marginal cost prediction. In perfect markets with uncertain demand prediction, the two pricing methods are also equivalent but in an expected value sense. If we compare from the perspective of second order statistics, all market performance measures exhibit much lower values under pay-as-bid than under marginal pricing. The risk of deviating from the mean is therefore much higher under marginal pricing than under pay-as-bid. In an imperfect competition market with exact demand prediction, the research shows that pay-as-bid pricing yields lower consumer payments and lower genco profits. This research provides quantitative evidence that challenges some common claims about pay-as-bid pricing. One is that under pay-as-bid, participants would soon learn how to offer so as to obtain the same or higher profits than what they would have obtained under marginal pricing. This research however shows that, under pay-as-bid, participants can at best earn the same profit or expected profit as under marginal

  18. Oligopolistic competition in wholesale electricity markets: Large-scale simulation and policy analysis using complementarity models

    NASA Astrophysics Data System (ADS)

    Helman, E. Udi

    This dissertation conducts research into the large-scale simulation of oligopolistic competition in wholesale electricity markets. The dissertation has two parts. Part I is an examination of the structure and properties of several spatial, or network, equilibrium models of oligopolistic electricity markets formulated as mixed linear complementarity problems (LCP). Part II is a large-scale application of such models to the electricity system that encompasses most of the United States east of the Rocky Mountains, the Eastern Interconnection. Part I consists of Chapters 1 to 6. The models developed in this part continue research into mixed LCP models of oligopolistic electricity markets initiated by Hobbs [67] and subsequently developed by Metzler [87] and Metzler, Hobbs and Pang [88]. Hobbs' central contribution is a network market model with Cournot competition in generation and a price-taking spatial arbitrage firm that eliminates spatial price discrimination by the Cournot firms. In one variant, the solution to this model is shown to be equivalent to the "no arbitrage" condition in a "pool" market, in which a Regional Transmission Operator optimizes spot sales such that the congestion price between two locations is exactly equivalent to the difference in the energy prices at those locations (commonly known as locational marginal pricing). Extensions to this model are presented in Chapters 5 and 6. One of these is a market model with a profit-maximizing arbitrage firm. This model is structured as a mathematical program with equilibrium constraints (MPEC), but due to the linearity of its constraints, can be solved as a mixed LCP. Part II consists of Chapters 7 to 12. The core of these chapters is a large-scale simulation of the U.S. Eastern Interconnection applying one of the Cournot competition with arbitrage models. This is the first oligopolistic equilibrium market model to encompass the full Eastern Interconnection with a realistic network representation (using

  19. An integrated eVoucher mechanism for flexible loads in real-time retail electricity market

    DOE PAGES

    Chen, Tao; Pourbabak, Hajir; Liang, Zheming; ...

    2017-01-26

    This study proposes an innovative economic and engineering coupled framework to encourage typical flexible loads or load aggregators, such as parking lots with high penetration of electric vehicles, to participate directly in the real-time retail electricity market based on an integrated eVoucher program. The integrated eVoucher program entails demand side management, either in the positive or negative direction, following a popular customer-centric design principle. It provides the extra economic benefit to end-users and reduces the risk associated with the wholesale electricity market for electric distribution companies (EDCs), meanwhile improving the potential resilience of the distribution networks with consideration for frequencymore » deviations. When implemented, the eVoucher program allows typical flexible loads, such as electric vehicle parking lots, to adjust their demand and consumption behavior according to financial incentives from an EDC. A distribution system operator (DSO) works as a third party to hasten negotiations between such parking lots and EDCs, as well as the price clearing process. Eventually, both electricity retailers and power system operators will benefit from the active participation of the flexible loads and energy customers.« less

  20. Next-generation building energy management systems and implications for electricity markets.

    SciTech Connect

    Zavala, V. M.; Thomas, C.; Zimmerman, M.; Ott, A.

    2011-08-11

    The U.S. national electric grid is facing significant changes due to aggressive federal and state targets to decrease emissions while improving grid efficiency and reliability. Additional challenges include supply/demand imbalances, transmission constraints, and aging infrastructure. A significant number of technologies are emerging under this environment including renewable generation, distributed storage, and energy management systems. In this paper, we claim that predictive energy management systems can play a significant role in achieving federal and state targets. These systems can merge sensor data and predictive statistical models, thereby allowing for a more proactive modulation of building energy usage as external weather and market signals change. A key observation is that these predictive capabilities, coupled with the fast responsiveness of air handling units and storage devices, can enable participation in several markets such as the day-ahead and real-time pricing markets, demand and reserves markets, and ancillary services markets. Participation in these markets has implications for both market prices and reliability and can help balance the integration of intermittent renewable resources. In addition, these emerging predictive energy management systems are inexpensive and easy to deploy, allowing for broad building participation in utility centric programs.

  1. Market feasibility study of utility battery applications: Penetration of battery energy storage into regulated electric utilities

    SciTech Connect

    Akhil, A.; Kraft, S.; Symons, P.C.

    1997-12-01

    Although recent studies indicate there could be significant opportunities for battery systems in electric utility applications, markets for this and other dispersed energy storage technologies have been slow to develop. Prior analyses had suggested that the slow market development has resulted from reluctance to make the necessary investments on the part of both suppliers and customers. In order to confirm this and other concerns over the utility energy storage market, an assessment has been performed to estimate the potential penetration of batteries into regulated electric utilities. The estimates thus obtained confirm that the possible market for batteries on the utility side of the meter, approximately $280 million annually in 2010, is indeed smaller than indicated by the assessment of potential opportunities had suggested it might be. On the other hand, the estimates for possible market penetration on the customer side of the meter are greater than on the utility-side, particularly in the nearer-term. Of more importance than the numeric results, however, are the comments given by potential customers of utility battery energy storage, and the conclusions regarding ways to increase the attractiveness of utility battery energy storage that result from analyses of these comments.

  2. Centralized versus Decentralized Information Systems

    NASA Astrophysics Data System (ADS)

    Hugoson, Mats-Åke

    This paper brings into question whether information systems should be centralized or decentralized in order to provide greater support for different business processes. During the last century companies and organizations have used different approaches for centralization and decentralization; a simple answer to the question does not exist. This paper provides a survey of the evolution of centralized and decentralized approaches, mainly in a Nordic perspective. Based on critical reflections on the situation in the end of the century we can discuss what we can learn from history to achieve alignment between centralized and decentralized systems and the business structure. The conclusion is that theories, management and practice for decisions on centralization or decentralization of information systems must be improved. A conscious management and control of centralization /decentralization of IT support is a vital question in the company or the organization, and this is not a task that can be handled only by IT-specialists. There is a need for business oriented IT management of centralization/decentralization.

  3. Experimenting with Decentralization: The Politics of Change.

    ERIC Educational Resources Information Center

    Wohlstetter, Priscilla

    The relationship between the political context of school districts and their choices of decentralization policy is explored in this paper. It was expected that district politics would affect decentralization policies in two ways: the form of decentralization adopted and the degree of change. The decision to decentralize in three large urban school…

  4. The transition to fully competitive bulk power markets: Federal regulatory developments in the electric power industry

    SciTech Connect

    Portasik, L.S.

    1994-12-31

    In recent years, traditional electric utilities have become increasingly dependent upon enhanced competitive conditions in the bulk power market to improve efficiency and secure {open_quotes}least-cost{close_quotes} generation for their franchise and wholesale customers. The industry`s growing reliance on competitive wholesale markets both presaged and overtook the new legislation reflected in the Energy Policy Act of 1992 (EPAct). This article describes the new environment, as revealed in recent Federal Energy Regulatory Commission (FERC) decisions, and discusses its impact on the services and rates of affected utilities.

  5. Price Responsive Demand in New York Wholesale Electricity Market using OpenADR

    SciTech Connect

    Kim, Joyce Jihyun; Kiliccote, Sila

    2012-06-01

    In New York State, the default electricity pricing for large customers is Mandatory Hourly Pricing (MHP), which is charged based on zonal day-ahead market price for energy. With MHP, retail customers can adjust their building load to an economically optimal level according to hourly electricity prices. Yet, many customers seek alternative pricing options such as fixed rates through retail access for their electricity supply. Open Automated Demand Response (OpenADR) is an XML (eXtensible Markup Language) based information exchange model that communicates price and reliability information. It allows customers to evaluate hourly prices and provide demand response in an automated fashion to minimize electricity costs. This document shows how OpenADR can support MHP and facilitate price responsive demand for large commercial customers in New York City.

  6. Electric and gas utility marketing of residential energy conservation case studies

    SciTech Connect

    1980-05-01

    The objective of this research was to obtain information about utility conservation marketing techniques from companies actively engaged in performing residential conservation services. Many utilities currently are offering comprehensive services (audits, listing of contractors and lenders, post-installation inspection, advertising, and performing consumer research). Activities are reported for the following utilities: Niagara Mohawk Power Corporation; Tampa Electric Company; Memphis Light, Gas, and Water Division; Northern States Power-Wisconsin; Public Service Company of Colorado; Arizona Public Service Company; Pacific Gas and Electric Company; Sacramento Municipal Utility District; and Pacific Power and Light Company.

  7. Decentralization Calls for Internal Audits.

    ERIC Educational Resources Information Center

    DiCello, Jim

    1995-01-01

    Outlines internal-auditing strategies necessitated by decentralization. Describes the following areas of concern: the student activities account, student attendance, and funding delegated to the site level. Guidelines for conducting an internal audit are also included. (LMI)

  8. The role of clean coal technologies in the evolving domestic electricity market

    SciTech Connect

    Gordon, K.

    1997-12-31

    The paper discusses the following: What will the future electric industry look like; The industry as it has been until recently; The critical factors of price and cost; The movement to allow customer choice in the states; The role of the federal government; Elements of the process, rationales, implications and new requirements. The paper then describes what the restructured market will look like and the transition process to that end.

  9. A Primer on Electric Utilities, Deregulation, and Restructuring of U.S. Electricity Markets

    SciTech Connect

    Warwick, William M.

    2002-06-03

    This primer is offered as an introduction to utility restructuring to better prepare readers for ongoing changes in public utilities and associated energy markets. It is written for use by individuals with responsibility for the management of facilities that use energy, including energy managers, procurement staff, and managers with responsibility for facility operations and budgets. The primer was prepared by the Pacific Northwest National Laboratory under sponsorship from the U.S. Department of Energy?s Federal Energy Management Program. The impetus for this primer originally came from the Government Services Administration who supported its initial development.

  10. European utility requirements: common rules to design next LWR plants in an open electricity market

    SciTech Connect

    Berbey, Pierre

    2004-07-01

    The major European electricity producers want to keep able to build new nuclear power plants and they believe 3. generation LWRs would be the most adapted response to their needs in the first decades of this century. Producing a common European Utility Requirement (EUR) document has been one of the basic tasks towards this objective. In this common frame, standardized and competitive LWR NPPs could be developed and offered to the investors. This idea is now well supported by all the other actors on the European electricity market: vendors, regulators, grid managers, administrations although in the competitive and unified European electricity market that is emerging, the electricity producers' stakes are more and more different from the other electricity business actors'. The next term objectives of the electricity producers involved in EUR are focused on negotiating common rules of the game together with the regulators. This covers the nuclear safety approaches, the conditions requested to connect a plant to a HV grid, as well as the design standards. Discussions are going on between the EUR organization and all the corresponding bodies to develop stabilized and predictable design rules that would meet the constraints of nuclear electricity generation in this new environment. Finally there cannot be competition without competitors. The EUR organization has proven to be the right place to establish trustful relationship between the vendors and their potential customers, through fair assessment of the proposed designs performance vs. the utility needs. This will be continued and developed with the main vendors present in Europe, so as to keep alive a list of 4 to 6 designs 'qualified', i.e. showing an acceptable score of non-compliance vs. EUR. (authors)

  11. The effects of demand uncertainty on strategic gaming in the merit-order electricity pool market

    NASA Astrophysics Data System (ADS)

    Frem, Bassam

    In a merit-order electricity pool market, generating companies (Gencos) game with their offered incremental cost to meet the electricity demand and earn bigger market shares and higher profits. However when the demand is treated as a random variable instead of as a known constant, these Genco gaming strategies become more complex. After a brief introduction of electricity markets and gaming, the effects of demand uncertainty on strategic gaming are studied in two parts: (1) Demand modelled as a discrete random variable (2) Demand modelled as a continuous random variable. In the first part, we proposed an algorithm, the discrete stochastic strategy (DSS) algorithm that generates a strategic set of offers from the perspective of the Gencos' profits. The DSS offers were tested and compared to the deterministic Nash equilibrium (NE) offers based on the predicted demand. This comparison, based on the expected Genco profits, showed the DSS to be a better strategy in a probabilistic sense than the deterministic NE. In the second part, we presented three gaming strategies: (1) Deterministic NE (2) No-Risk (3) Risk-Taking. The strategies were then tested and their profit performances were compared using two assessment tools: (a) Expected value and standard deviation (b) Inverse cumulative distribution. We concluded that despite yielding higher profit performance under the right conjectures, Risk-Taking strategies are very sensitive to incorrect conjectures on the competitors' gaming decisions. As such, despite its lower profit performance, the No-Risk strategy was deemed preferable.

  12. The Impact of Energy Efficiency and Demand Response Programs on the U.S. Electricity Market

    SciTech Connect

    Baek, Young Sun; Hadley, Stanton W

    2012-01-01

    This study analyzes the impact of the energy efficiency (EE) and demand response (DR) programs on the grid and the consequent level of production. Changes in demand caused by EE and DR programs affect not only the dispatch of existing plants and new generation technologies, the retirements of old plants, and the finances of the market. To find the new equilibrium in the market, we use the Oak Ridge Competitive Electricity Dispatch Model (ORCED) developed to simulate the operations and costs of regional power markets depending on various factors including fuel prices, initial mix of generation capacity, and customer response to electricity prices. In ORCED, over 19,000 plant units in the nation are aggregated into up to 200 plant groups per region. Then, ORCED dispatches the power plant groups in each region to meet the electricity demands for a given year up to 2035. In our analysis, we show various demand, supply, and dispatch patterns affected by EE and DR programs across regions.

  13. An Integrated Design approach to Power Systems: from Power Flows to Electricity Markets

    NASA Astrophysics Data System (ADS)

    Bose, Subhonmesh

    Power system is at the brink of change. Engineering needs, economic forces and environmental factors are the main drivers of this change. The vision is to build a smart electrical grid and a smarter market mechanism around it to fulfill mandates on clean energy. Looking at engineering and economic issues in isolation is no longer an option today; it needs an integrated design approach. In this thesis, I shall revisit some of the classical questions on the engineering operation of power systems that deals with the nonconvexity of power flow equations. Then I shall explore some issues of the interaction of these power flow equations on the electricity markets to address the fundamental issue of market power in a deregulated market environment. Finally, motivated by the emergence of new storage technologies, I present an interesting result on the investment decision problem of placing storage over a power network. The goal of this study is to demonstrate that modern optimization and game theory can provide unique insights into this complex system. Some of the ideas carry over to applications beyond power systems.

  14. Integrating Variable Renewable Energy in Electric Power Markets. Best Practices from International Experience, Summary for Policymakers

    SciTech Connect

    Cochran, Jaquelin; Bird, Lori; Heeter, Jenny; Arent, Douglas J.

    2012-04-30

    Many countries - reflecting very different geographies, markets, and power systems - are successfully managing high levels of variable renewable energy on the electric grid, including that from wind and solar energy. This document summarizes policy best practices that energy ministers and other stakeholders can pursue to ensure that electricity markets and power systems can effectively coevolve with increasing penetrations of variable renewable energy. There is no one-size-fits-all approach; each country studied has crafted its own combination of policies, market designs, and system operations to achieve the system reliability and flexibility needed to successfully integrate renewables. Notwithstanding this diversity, the approaches taken by the countries studied all coalesce around five strategic areas: lead public engagement, particularly for new transmission; coordinate and integrate planning; develop rules for market evolution that enable system flexibility; expand access to diverse resources and geographic footprint of operations; and improve system operations. This study also emphatically underscores the value of countries sharing their experiences. The more diverse and robust the experience base from which a country can draw, the more likely that it will be able to implement an appropriate, optimized, and system-wide approach.

  15. Integrating Variable Renewable Energy in Electric Power Markets: Best Practices from International Experience, Summary for Policymakers

    SciTech Connect

    Cochran, J.; Bird, L.; Heeter, J.; Arent, D. A.

    2012-04-01

    Many countries -- reflecting very different geographies, markets, and power systems -- are successfully managing high levels of variable renewable energy on the electric grid, including that from wind and solar energy. This document summarizes policy best practices that energy ministers and other stakeholders can pursue to ensure that electricity markets and power systems can effectively coevolve with increasing penetrations of variable renewable energy. There is no one-size-fits-all approach; each country studied has crafted its own combination of policies, market designs, and system operations to achieve the system reliability and flexibility needed to successfully integrate renewables. Notwithstanding this diversity, the approaches taken by the countries studied all coalesce around five strategic areas: lead public engagement, particularly for new transmission; coordinate and integrate planning; develop rules for market evolution that enable system flexibility; expand access to diverse resources and geographic footprint of operations; and improve system operations. This study also emphatically underscores the value of countries sharing their experiences. The more diverse and robust the experience base from which a country can draw, the more likely that it will be able to implement an appropriate, optimized, and system-wide approach.

  16. Integrating Variable Renewable Energy in Electric Power Markets. Best Practices from International Experience

    SciTech Connect

    Cochran, Jaquelin; Bird, Lori; Heeter, Jenny; Arent, Douglas J.

    2012-04-30

    Many countries—reflecting very different geographies, markets, and power systems—are successfully managing high levels of variable renewable energy on the electric grid, including that from wind and solar energy. This document summarizes policy best practices that energy ministers and other stakeholders can pursue to ensure that electricity markets and power systems can effectively coevolve with increasing penetrations of variable renewable energy. There is no one-size-fits-all approach; each country studied has crafted its own combination of policies, market designs, and system operations to achieve the system reliability and flexibility needed to successfully integrate renewables. Notwithstanding this diversity, the approaches taken by the countries studied all coalesce around five strategic areas: lead public engagement, particularly for new transmission; coordinate and integrate planning; develop rules for market evolution that enable system flexibility; expand access to diverse resources and geographic footprint of operations; and improve system operations. This study also emphatically underscores the value of countries sharing their experiences. The more diverse and robust the experience base from which a country can draw, the more likely that it will be able to implement an appropriate, optimized, and system-wide approach.

  17. Integrating Variable Renewable Energy in Electric Power Markets: Best Practices from International Experience

    SciTech Connect

    Cochran, J.; Bird, L.; Heeter, J.; Arent, D. A.

    2012-04-01

    Many countries -- reflecting very different geographies, markets, and power systems -- are successfully managing high levels of variable renewable energy on the electric grid, including that from wind and solar energy. This study documents the diverse approaches to effective integration of variable renewable energy among six countries -- Australia (South Australia), Denmark, Germany, Ireland, Spain, and the United States (Western region-Colorado and Texas)-- and summarizes policy best practices that energy ministers and other stakeholders can pursue to ensure that electricity markets and power systems can effectively coevolve with increasing penetrations of variable renewable energy. Each country has crafted its own combination of policies, market designs, and system operations to achieve the system reliability and flexibility needed to successfully integrate renewables. Notwithstanding this diversity, the approaches taken by the countries studied all coalesce around five strategic areas: lead public engagement, particularly for new transmission; coordinate and integrate planning; develop rules for market evolution that enable system flexibility; expand access to diverse resources and geographic footprint of operations; and improve system operations. The ability to maintain a broad ecosystem perspective, to organize and make available the wealth of experiences, and to ensure a clear path from analysis to enactment should be the primary focus going forward.

  18. Roadmap of retail electricity market reform in China: assisting in mitigating wind energy curtailment

    NASA Astrophysics Data System (ADS)

    Yu, Dezhao; Qiu, Huadong; Yuan, Xiang; Li, Yuan; Shao, Changzheng; Lin, You; Ding, Yi

    2017-01-01

    Among the renewable energies, wind energy has gained the rapidest development in China. Moreover wind power generation has been penetrated into power system in a large scale. However, the high level wind curtailment also indicates a low efficiency of wind energy utilization over the last decade in China. One of the primary constraints on the utilization of wind energy is the lack of an electricity market, in which renewable energies can compete equally with traditional fossil fuel generation. Thus the new round electric power industry reform is essential in China. The reform involves implementing new pricing mechanism, introducing retail-side competition, promoting the consumption of renewable energy. The new round reform can be a promising solution for promoting the development and consumption of wind energy generation in China. Based on proposed reform policies of electric power industry, this paper suggests a roadmap for retail electricity market reform of China, which consists of three stages. Barriers to the efficient utilization of wind energy are also analysed. Finally, this paper introduces several efficient measures for mitigating wind curtailment in each stage of reform.

  19. Potential Applications for Nuclear Energy besides Electricity Generation: AREVA Global Perspective of HTR Potential Market

    SciTech Connect

    Soutworth, Finis; Gauthier, Jean-Claude; Lecomte, Michel; Carre, Franck

    2007-07-01

    Energy supply is increasingly showing up as a major issue for electricity supply, transportation, settlement, and process heat industrial supply including hydrogen production. Nuclear power is part of the solution. For electricity supply, as exemplified in Finland and France, the EPR brings an immediate answer; HTR could bring another solution in some specific cases. For other supply, mostly heat, the HTR brings a solution inaccessible to conventional nuclear power plants for very high or even high temperature. As fossil fuels costs increase and efforts to avoid generation of Greenhouse gases are implemented, a market for nuclear generated process heat will develop. Following active developments in the 80's, HTR have been put on the back burner up to 5 years ago. Light water reactors are widely dominating the nuclear production field today. However, interest in the HTR technology was renewed in the past few years. Several commercial projects are actively promoted, most of them aiming at electricity production. ANTARES is today AREVA's response to the cogeneration market. It distinguishes itself from other concepts with its indirect cycle design powering a combined cycle power plant. Several reasons support this design choice, one of the most important of which is the design flexibility to adapt readily to combined heat and power applications. From the start, AREVA made the choice of such flexibility with the belief that the HTR market is not so much in competition with LWR in the sole electricity market but in the specific added value market of cogeneration and process heat. In view of the volatility of the costs of fossil fuels, AREVA's choice brings to the large industrial heat applications the fuel cost predictability of nuclear fuel with the efficiency of a high temperature heat source free of greenhouse gases emissions. The ANTARES module produces 600 MWth which can be split into the required process heat, the remaining power drives an adapted prorated

  20. 77 FR 73650 - Electricity NH, LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes Request...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-12-11

    ...] Electricity NH, LLC; Supplemental Notice That Initial Market- Based Rate Filing Includes Request for Blanket Section 204 Authorization This is a supplemental notice in the above-referenced proceeding, of...

  1. Relegation for Decentralized Control

    DTIC Science & Technology

    1993-02-01

    power transfer problem-similar to problems in transmission line theory or electrical circuits . The propagation of disturbances in LSS with light damp...resistance, damping, f damping,/ Using these circuit analogies, the the analogous systems of equations for electrical and mechanical systems are: 1"t = CV V...Department of Electrical Engineering I I I I Air Force Office of Scientific Research Boiling Air Force Base Washington, D.C. 20332-6448 I Contract No

  2. Contract-based electricity markets in developing countries: Overcoming inefficiency constraints

    NASA Astrophysics Data System (ADS)

    Perera, M. N. Susantha

    The electric utility sector throughout the world has been undergoing significant changes. It is changing from its traditional, central-station generation model managed under a vertically integrated monopoly to a more market-dependent business. In the rich industrialized countries, this change has progressed rapidly with the emergence of competitive markets---not only in the area of electricity generation, but also in the extension of such markets down to the level of retail domestic consumer. Developing countries, on the other hand, are trying to attract much-needed investment capital for their power sector expansion activities, particularly for the expansion of generating capacity, through the involvement of the private sector. Unlike their industrialized counterparts, they are facing many limitations in transforming the mostly government-owned monopolies into market-driven businesses, thereby creating an environment that is conducive to private sector participation. Amongst these limitations are the lack of a well-developed, local private sector or domestic financial market that can handle the sophisticated power sector financing; inadequate legal and regulatory frameworks that can address the many complexities of private power development; and numerous risk factors including political risks. This dissertation research addresses an important inefficiency faced by developing countries in the new contract-based market structure that has emerged within these countries. It examines the inefficiencies brought on by restrictions in the contracts, specifically those arising from the guaranteed purchase conditions that are typically included in contracts between the purchasing utility and independent power producers in this new market. The research attempts to provide a solution for this problem and proposes a methodology that enables the parties to conduct their businesses in a cost-efficient manner within a cooperative environment. The situation described above is

  3. Impacts of demand response and renewable generation in electricity power market

    NASA Astrophysics Data System (ADS)

    Zhao, Zhechong

    This thesis presents the objective of the research which is to analyze the impacts of uncertain wind power and demand response on power systems operation and power market clearing. First, in order to effectively utilize available wind generation, it is usually given the highest priority by assigning zero or negative energy bidding prices when clearing the day-ahead electric power market. However, when congestion occurs, negative wind bidding prices would aggravate locational marginal prices (LMPs) to be negative in certain locations. A load shifting model is explored to alleviate possible congestions and enhance the utilization of wind generation, by shifting proper amount of load from peak hours to off peaks. The problem is to determine proper amount of load to be shifted, for enhancing the utilization of wind generation, alleviating transmission congestions, and making LMPs to be non-negative values. The second piece of work considered the price-based demand response (DR) program which is a mechanism for electricity consumers to dynamically manage their energy consumption in response to time-varying electricity prices. It encourages consumers to reduce their energy consumption when electricity prices are high, and thereby reduce the peak electricity demand and alleviate the pressure to power systems. However, it brings additional dynamics and new challenges on the real-time supply and demand balance. Specifically, price-sensitive DR load levels are constantly changing in response to dynamic real-time electricity prices, which will impact the economic dispatch (ED) schedule and in turn affect electricity market clearing prices. This thesis adopts two methods for examining the impacts of different DR price elasticity characteristics on the stability performance: a closed-loop iterative simulation method and a non-iterative method based on the contraction mapping theorem. This thesis also analyzes the financial stability of DR load consumers, by incorporating

  4. An R and D Agenda to enhance electricity system reliability by increasing customer participation in emerging competitive markets

    SciTech Connect

    Eto, J.; Marnay, C.; Goldman, C.; Kueck, J.; Kirby, B.; Dagle, J.; Alvarado, F.; Mount, T.; Oren, S.; Martinez, C.

    2000-10-01

    Recent electricity price spikes are painful reminders of the value that meaningful demand-side responses could bring to the restructuring US electricity system. Review of the aggregate offers made by suppliers confirms that even a modest increase demand elasticity could dramatically reduce these extremes in price volatility. We submit that dramatically increased customer participation in these markets to enhance system reliability and reduce price volatility is sorely needed. Indeed, allowing customers to manage their loads in response to system conditions might be thought of as the ultimate reliability resource. Most would agree that meaningful demand-side responses to price are the hallmark of a well-functioning competitive market (Kirby and Kueck 1999). Yet, in today's markets for electricity, little or no such response is evident. In effect, today's markets are incomplete; they represent only half of what a truly competitive market requires. The reason is simple: customers currently do not experience directly the time-varying costs of their consumption decisions. Consequently, they have no incentive to modify these decisions in ways that might enhance system reliability or improve the efficiency of the markets in which electricity is traded. We submit that increased customer participation is a necessary step in the evolution toward more efficient markets for electricity and ancillary services. Toward this end, this paper outlines an agenda for public-interest R&D in support of this objective.

  5. Optimization models and techniques for implementation and pricing of electricity markets

    NASA Astrophysics Data System (ADS)

    Madrigal Martinez, Marcelino

    Vertically integrated electric power systems extensively use optimization models and solution techniques to guide their optimal operation and planning. The advent of electric power systems re-structuring has created needs for new optimization tools and the revision of the inherited ones from the vertical integration era into the market environment. This thesis presents further developments on the use of optimization models and techniques for implementation and pricing of primary electricity markets. New models, solution approaches, and price setting alternatives are proposed. Three different modeling groups are studied. The first modeling group considers simplified continuous and discrete models for power pool auctions driven by central-cost minimization. The direct solution of the dual problems, and the use of a Branch-and-Bound algorithm to solve the primal, allows to identify the effects of disequilibrium, and different price setting alternatives over the existence of multiple solutions. It is shown that particular pricing rules worsen the conflict of interest that arise when multiple solutions exist under disequilibrium. A price-setting alternative based on dual variables is shown to diminish such conflict. The second modeling group considers the unit commitment problem. An interior-point/cutting-plane method is proposed for the solution of the dual problem. The new method has better convergence characteristics and does not suffer from the parameter tuning drawback as previous methods The robustness characteristics of the interior-point/cutting-plane method, combined with a non-uniform price setting alternative, show that the conflict of interest is diminished when multiple near optimal solutions exist. The non-uniform price setting alternative is compared to a classic average pricing rule. The last modeling group concerns to a new type of linear network-constrained clearing system models for daily markets for power and spinning reserve. A new model and

  6. Electricity-market price and nuclear power plant shutdown: Evidence from California

    SciTech Connect

    Woo, C.K.; Ho, T.; Zarnikau, J.; Olson, A.; Jones, R.; Chait, M.; Horowitz, I.; Wang, J.

    2014-10-01

    Japan's Fukushima nuclear disaster, triggered by the March 11, 2011 earthquake, has led to calls for shutting down existing nuclear plants. To maintain resource adequacy for a grid's reliable operation, one option is to expand conventional generation, whose marginal unit is typically fueled by natural-gas. Two timely and relevant questions thus arise for a deregulated wholesale electricity market: (1) what is the likely price increase due to a nuclear plant shutdown? and (2) what can be done to mitigate the price increase? To answer these questions, we perform a regression analysis of a large sample of hourly real-time electricity-market price data from the California Independent System Operator (CAISO) for the 33-month sample period of April 2010-December 2012. Our analysis indicates that the 2013 shutdown of the state's San Onofre plant raised the CAISO real-time hourly market prices by $6/MWH to $9/MWH, and that the price increases could have been offset by a combination of demand reduction, increasing solar generation, and increasing wind generation.

  7. Public Policy and Economic Efficiency in Ontario's Electricity Market: 2002 to 2011

    NASA Astrophysics Data System (ADS)

    Olmstead, Derek E. H.

    A competitive wholesale electricity market began operation in Ontario in 2002. The institutional features and development process are described, and the outcomes associated with certain features are assessed. First, a six-equation model of the market is specified and estimated. The results are used to undertake analysis of the province's renewable energy program. The impacts of the program on consumers' and producers' surplus, as well as the resulting degree of carbon dioxide (CO2) emission-abatement, are estimated. These results are used to infer the per-unit cost of CO 2 abatement resulting from the program. Under the assumption that the renewable-fuelled energy displaces coal-fuelled energy from the market, the estimated cost is approximately 93/tonne of CO2; under the alternative assumption that natural gas-fuelled generation is displaced, the estimated cost is 207/tonne of CO2. Comparison to costs observed in other markets and jurisdictions reveals the program to cost approximately one order of magnitude greater than elsewhere. It is concluded that Ontario pays substantially more for emission abatement than is necessary or, alternatively, that Ontario achieves substantially less abatement than is feasible for each dollar of economic resources expended. Second, the market model is also used to assess the treatment of electricity exports with respect to the so-called global adjustment charge. The analysis reveals that the current practise of exempting exports from the charge is not socially optimal from a total surplus-maximisation standpoint. That objective would be achieved if global adjustment was allocated to exports at approximately 32% of the rate at which it is applied to Ontario-based consumers, a result consistent with a Ramsey-type inverse elasticity rule. Third, the forward market unbiasedness hypothesis is assessed in the context of the market for financial transmission rights (FTR). Issues related to left-censoring of payouts at $0 and overlapping

  8. Comparisons of auction mechanisms in a multiple unit setting: A consideration for restructuring electric power markets

    NASA Astrophysics Data System (ADS)

    Bernard, John Charles

    The objective of this study was to compare the performance of five single sided auctions that could be used in restructured electric power markets across different market sizes in a multiple unit setting. Auction selection would profoundly influence an industry over $200 billion in size in the United States, and the consequences of implementing an inappropriate mechanism would be great. Experimental methods were selected to analyze the auctions. Two rounds of experiments were conducted, the first testing the sealed offer last accepted offer (LAO) and first rejected offer (FRO), and the clock English (ENG) and sealed offer English (SOE) in markets of sizes two and six. The FRO, SOE, and ENG used the same pricing rule. Second round testing was on the LAO, FRO, and the nonuniform price multiple unit Vickrey (MUV) in markets of sizes two, four, and six. Experiments lasted 23 and 75 periods for rounds 1 and 2 respectively. Analysis of variance and contrast analysis were used to examine the data. The four performance measures used were price, efficiency, profits per unit, and supply revelation. Five basic principles were also assessed: no sales at losses, all low cost capacity should be offered and sold, no high cost capacity should sell, and the market should clear. It was expected group size and auction type would affect performance. For all performance measures, group size was a significant variable, with smaller groups showing poorer performance. Auction type was significant only for the efficiency performance measure, where clock auctions outperformed the others. Clock auctions also proved superior for the first four principles. The FRO performed poorly in almost all situations, and should not be a preferred mechanism in any market. The ENG was highly efficient, but expensive for the buyer. The SOE appeared superior to the FRO and ENG. The clock improves efficiency over the FRO while less information kept prices under the ENG. The MUV was superior in revealing costs

  9. The political effects of ideas and markets on China's economic reforms: The case of electrical power

    NASA Astrophysics Data System (ADS)

    Dodge, Laura Washington

    This study examines factors influencing contemporary economic policy-making and reform in China's electric power industry. Results of the study suggest that there is an ongoing paradigm change in China's policy-making. However, institutional resistance to changes in the policy process is strong. Policy outcomes in the case of electric power reforms reflect the interaction of both dynamics. In the early 1990s, the central government in Beijing began to consider restructuring the electric power industry to introduce competition and establish markets for electricity supply. Until then, economic policies had resulted from a process of deliberation within the upper echelons of the Communist Party. Although the Party considered the interests of dominant economic actors, particularly the large State-owned sector, its channels for participation in the policy process were closed to most economic actors. Central bureaucratic and provincial interests largely governed policy processes, leading observers to describe the Chinese State as bureaucratic authoritarian. Bureaucracy's heavy role in the economy led to what some called a corporatist State, whereby organs of government infiltrated most aspects of the economy. This institutional arrangement perpetuated bureaucracy's influence in policy-making. This study hypothesizes that transformation in domestic financial markets poses a threat to the entrenched institutions of the electric power industry. The integration of China's economy with foreign firms and markets enabled actors outside of the dominant State-owned economy to improve their positions vis-a-vis the state-owned sector, and eventually to play a role in the policy process. At the same time, Beijing's adaptation of foreign-designed restructuring policies threatened the deep-rooted institutions. The study analyzes the behavior, statements and channels utilized by those actors affected by power sector policies. Based on interviews conducted between 2000 through 2002

  10. Economic assessment and optimal operation of CSP systems with TES in California electricity markets

    NASA Astrophysics Data System (ADS)

    Dowling, Alexander W.; Dyreson, Ana; Miller, Franklin; Zavala, Victor M.

    2017-06-01

    The economics and performance of concentrated power (CSP) systems with thermal energy storage (TES) inherently depend on operating policies and the surrounding weather conditions and electricity markets. We present an integrated economic assessment framework to quantify the maximum possible revenues from simultaneous energy and ancillary services sales by CSP systems. The framework includes both discrete start-up/shutdown restrictions and detailed physical models. Analysis of coinci-dental historical market and meteorological data reveals provision of ancillary services increases market revenue 18% to 37% relative to energy-only participation. Surprisingly, only 53% to 62% of these revenues are available through sole participation in the day-ahead market, indicating significant opportunities at faster timescales. Motivated by water-usage concerns and permitting requirements, we also describe a new nighttime radiative-enhanced dry-cooling system with cold-side storage that consumes no water and offers higher effciencies than traditional air-cooled designs. Operation of this new system is complicated by the cold-side storage and inherent coupling between the cooling system and power plant, further motivating integrated economic analysis.

  11. Controlling market power and price spikes in electricity networks: Demand-side bidding

    PubMed Central

    Rassenti, Stephen J.; Smith, Vernon L.; Wilson, Bart J.

    2003-01-01

    In this article we report an experiment that examines how demand-side bidding can discipline generators in a market for electric power. First we develop a treatment without demand-side bidding; two large firms are allocated baseload and intermediate cost generators such that either firm might unilaterally withhold the capacity of its intermediate cost generators from the market to benefit from the supracompetitive prices that would result from only selling its baseload units. In a converse treatment, ownership of some of the intermediate cost generators is transferred from each of these firms to two other firms such that no one firm could unilaterally restrict output to spawn supracompetitive prices. Having established a well controlled data set with price spikes paralleling those observed in the naturally occurring economy, we also extend the design to include demand-side bidding. We find that demand-side bidding completely neutralizes the exercise of market power and eliminates price spikes even in the presence of structural market power. PMID:16576750

  12. Controlling market power and price spikes in electricity networks: Demand-side bidding.

    PubMed

    Rassenti, Stephen J; Smith, Vernon L; Wilson, Bart J

    2003-03-04

    In this article we report an experiment that examines how demand-side bidding can discipline generators in a market for electric power. First we develop a treatment without demand-side bidding; two large firms are allocated baseload and intermediate cost generators such that either firm might unilaterally withhold the capacity of its intermediate cost generators from the market to benefit from the supracompetitive prices that would result from only selling its baseload units. In a converse treatment, ownership of some of the intermediate cost generators is transferred from each of these firms to two other firms such that no one firm could unilaterally restrict output to spawn supracompetitive prices. Having established a well controlled data set with price spikes paralleling those observed in the naturally occurring economy, we also extend the design to include demand-side bidding. We find that demand-side bidding completely neutralizes the exercise of market power and eliminates price spikes even in the presence of structural market power.

  13. 77 FR 11531 - Electric Quarterly Reports, Acacia Energy, Inc., et al.; Notice of Revocation of Market-Based...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-02-27

    ... Federal Energy Regulatory Commission Electric Quarterly Reports, Acacia Energy, Inc., et al.; Notice of Revocation of Market-Based Rate Tariff Electric Quarterly Reports....... Docket No. ER02-2001-017 Acacia...). In the January 31 Order, the Commission directed Acacia Energy, Inc.; LBPC Power, Inc.; Nordic Energy...

  14. 75 FR 22125 - Market-Based Rates for Wholesale Sales of Electric Energy, Capacity and Ancillary Services by...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-04-27

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Market-Based Rates for Wholesale Sales of Electric Energy, Capacity and... Electric Energy, Capacity and Ancillary Services by Public Utilities, Order No. 697- C, FERC Stats. &...

  15. 75 FR 70738 - AP Gas & Electric (PA), LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-11-18

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission AP Gas & Electric (PA), LLC; Supplemental Notice That Initial Market-Based... supplemental notice in the above-referenced proceeding AP Gas & Electric (PA), LLC's application for...

  16. 76 FR 6613 - AP Gas & Electric (TX), LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2011-02-07

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF ENERGY Federal Energy Regulatory Commission AP Gas & Electric (TX), LLC; Supplemental Notice That Initial Market-Based... supplemental notice in the above-referenced proceeding of AP Gas & Electric (TX), LLC's application for...

  17. Participation of the Nuclear Power Plants in the New Brazilian Electric Energy Market

    SciTech Connect

    Mathias, S.G.

    2004-10-06

    A new regulation framework has been established for the Brazilian electric energy market by a law put into effect on March 15,2004. The main overall goals of this new regulation are: to allow the lowest possible tariffs for end users, while providing the necessary economic incentives for the operation of present installations (generating plants, transmission lines, distribution networks) and the expansion of the system; long-term planning of the extension of the installations required to meet the demand growth; separation of the generation, transmission and distribution activities by allocating them into different companies; new contracts between generating and distribution companies must result from bidding processes based on lowest-tariff criteria; and energy from new generating units required to meet the demand growth must be contracted by all distributing companies integrated to the National Interconnected Grid, in individual amounts proportional to their respective markets.

  18. Nash equilibrium strategy in the deregulated power industry and comparing its lost welfare with Iran wholesale electricity market

    NASA Astrophysics Data System (ADS)

    Mousavi, Seyed Hosein; Nazemi, Ali; Hafezalkotob, Ashkan

    2016-07-01

    With the increasing use of different types of auctions in market designing, modeling of participants' behaviors to evaluate the market structure is one of the main discussions in the studies related to the deregulated power industries. In this article, we apply an approach of the optimal bidding behavior to the Iran wholesale electricity market as a restructured electric power industry and model how the participants of the market bid in the spot electricity market. The problem is formulated analytically using the Nash equilibrium concept composed of large numbers of players having discrete and very large strategy spaces. Then, we compute and draw supply curve of the competitive market in which all generators' proposed prices are equal to their marginal costs and supply curve of the real market in which the pricing mechanism is pay-as-bid. We finally calculate the lost welfare or inefficiency of the Nash equilibrium and the real market by comparing their supply curves with the competitive curve. We examine 3 cases on November 24 (2 cases) and July 24 (1 case), 2012. It is observed that in the Nash equilibrium on November 24 and demand of 23,487 MW, there are 212 allowed plants for the first case (plants are allowed to choose any quantity of generation except one of them that should be equal to maximum Power) and the economic efficiency or social welfare of Nash equilibrium is 2.77 times as much as the real market. In addition, there are 184 allowed plants for the second case (plants should offer their maximum power with different prices) and the efficiency or social welfare of Nash equilibrium is 3.6 times as much as the real market. On July 24 and demand of 42,421 MW, all 370 plants should generate maximum energy due to the high electricity demand that the economic efficiency or social welfare of the Nash equilibrium is about 2 times as much as the real market.

  19. Multifractal Detrended Cross-correlation Analysis of Market Clearing Price of electricity and SENSEX in India

    NASA Astrophysics Data System (ADS)

    Ghosh, Dipak; Dutta, Srimonti; Chakraborty, Sayantan

    2015-09-01

    This paper reports a study on the cross-correlation between the electric bid price and SENSEX using Multifractal Detrended Cross-correlation Analysis (MF-DXA). MF-DXA is a very rigorous and robust technique for assessment of cross-correction between two non-linear time series. The study reveals power law cross-correlation between Market Clearing Price (MCP) and SENSEX which suggests that a change in the value of one can create a subjective change in the value of the other.

  20. Optimal Rescheduling of Generators for Congestion Management and Benefit Maximization in a Decentralized Bilateral Multi-transactions Power Network

    NASA Astrophysics Data System (ADS)

    Singh, Brijesh; Mahanty, Ranjit; Singh, S. P.

    2013-05-01

    This paper presents a framework to achieve an optimal power flow solution in a decentralized bilateral multitransaction-based market. An independent optimal dispatch solution has been used for each market. The interior point (IP)-based optimization technique has been used for finding a global economic optimal solution of the whole system. In this method, all the participants try to maximize their own profits with the help of system information announced by the operator. In the present work, a parallel algorithm has been used to find out a global optimum solution in decentralized market model. The study has been carried out on a modified IEEE-30 bus system. The results show that the suggested decentralized approach can provide a better optimal solution. The obtained results show the effectiveness of IP optimization-based optimal generator schedule and congestion management in the decentralized market.

  1. A framework for analyzing the impact of data integrity/quality on electricity market operations

    NASA Astrophysics Data System (ADS)

    Choi, Dae Hyun

    This dissertation examines the impact of data integrity/quality in the supervisory control and data acquisition (SCADA) system on real-time locational marginal price (LMP) in electricity market operations. Measurement noise and/or manipulated sensor errors in a SCADA system may mislead system operators about real-time conditions in a power system, which, in turn, may impact the price signals in real-time power markets. This dissertation serves as a first attempt to analytically investigate the impact of bad/malicious data on electric power market operations. In future power system operations, which will probably involve many more sensors, the impact of sensor data integrity/quality on grid operations will become increasingly important. The first part of this dissertation studies from a market participant's perspective a new class of malicious data attacks on state estimation, which subsequently influences the result of the newly emerging look-ahead dispatch models in the real-time power market. In comparison with prior work of cyber-attack on static dispatch where no inter-temporal ramping constraint is considered, we propose a novel attack strategy, named ramp-induced data (RID) attack, with which the attacker can manipulate the limits of ramp constraints of generators in look-ahead dispatch. It is demonstrated that the proposed attack can lead to financial profits via malicious capacity withholding of selected generators, while being undetected by the existing bad data detection algorithm embedded in today's state estimation software. In the second part, we investigate from a system operator's perspective the sensitivity of locational marginal price (LMP) with respect to data corruption-induced state estimation error in real-time power market. Two data corruption scenarios are considered, in which corrupted continuous data (e.g., the power injection/flow and voltage magnitude) falsify power flow estimate whereas corrupted discrete data (e.g., the on/off status of

  2. Issues concerning centralized versus decentralized power deployment

    NASA Astrophysics Data System (ADS)

    Metcalf, Kenneth J.; Harty, Richard B.; Robin, James F.

    1991-03-01

    The results of a study of proposed lunar base architectures to identify issues concerning centralized and decentralized power system deployment options are presented. The power system consists of the energy producing system (power plant), the power conditioning components used to convert the generated power into the form desired for transmission, the transmission lines that conduct this power from the power sources to the loads, and the primary power conditioning hardware located at the user end. Three power system architectures, centralized, hybrid, and decentralized, were evaluated during the course of this study. Candidate power sources were characterized with respect to mass and radiator area. Two electrical models were created for each architecture to identify the preferred method of power transmission, dc or ac. Each model allowed the transmission voltage level to be varied at assess the impact on power system mass. The ac power system models also permitted the transmission line configurations and placements to determine the best conductor construction and installation location. Key parameters used to evaluate each configuration were power source and power conditioning component efficiencies, masses, and radiator areas; transmission line masses and operating temperatures; and total system mass.

  3. Issues concerning centralized versus decentralized power deployment

    NASA Technical Reports Server (NTRS)

    Metcalf, Kenneth J.; Harty, Richard B.; Robin, James F.

    1991-01-01

    The results of a study of proposed lunar base architectures to identify issues concerning centralized and decentralized power system deployment options are presented. The power system consists of the energy producing system (power plant), the power conditioning components used to convert the generated power into the form desired for transmission, the transmission lines that conduct this power from the power sources to the loads, and the primary power conditioning hardware located at the user end. Three power system architectures, centralized, hybrid, and decentralized, were evaluated during the course of this study. Candidate power sources were characterized with respect to mass and radiator area. Two electrical models were created for each architecture to identify the preferred method of power transmission, dc or ac. Each model allowed the transmission voltage level to be varied at assess the impact on power system mass. The ac power system models also permitted the transmission line configurations and placements to determine the best conductor construction and installation location. Key parameters used to evaluate each configuration were power source and power conditioning component efficiencies, masses, and radiator areas; transmission line masses and operating temperatures; and total system mass.

  4. A Study of China s Explosive Growth in the Plug-in Electric Vehicle Market

    SciTech Connect

    Ou, Shawn; Lin, Zhenhong; Wu, Zhixin; Zheng, Jihu; Lyu, Renzhi; Przesmitzki, Steven V.; He, Xin

    2017-01-01

    The year 2015 marks a turning point in China s plug-in electric vehicle (PEV) or new energy vehicle (NEV) industry, with an explosive growth in both productions and sales, following the gloomy period of 2009-2012. The PEV production in 2015 reached a record level of nearly 380,000 units, a 352 % increase from 2014, making China the largest PEV market in the world. For the potential implications on energy and the environment, it is worth studying the driving forces of China s PEV market and understanding its future trajectory and dynamics. The key findings of this report are listed in the following. Though controversial, the government monetary incentives have played a significant role to impel China to be the largest light PEV (191,100 units) market in the world. Chinese vehicle buyers appear more price sensitive on PEVs. Inexpensive low-cost micro electric vehicles are the most popular vehicle model in China s PEV market (38.9 % of the PEV market in 2015). In contrast, the premium or luxury vehicles are more popular in the gasoline vehicle segment. In fact, China is expected to be the largest premium car market in 2016. The PEV sales growth is primarily possible because of the young domestic private-owned auto manufacturers, which are mostly located in south China. Top-tier conventional vehicle automakers in China appear to be less proactive in the PEV market, based on market shares. This is in clear contrast to the U.S. market, where major automakers are generally the primary players in the PEV market. The PEVs produced by the domestic automakers are concentrated in the low-end market segment, while the high-end vehicle segment is dominated by the foreign brands. At present, the substantial market growth and government subsidies afford the domestic entrants to quickly gain profits in the low-end segment. The PEV consumers in China are very sensitive to the vehicle price, thus prefer the PEVs with cheaper prices after government subsidies, and care less about the

  5. Rethinking Partnerships on a Decentralized Campus

    ERIC Educational Resources Information Center

    Dufault, Katie H.

    2017-01-01

    Decentralization is an effective approach for structuring campus learning and success centers. McShane & Von Glinow (2007) describe decentralization as "an organizational model where decision authority and power are dispersed among units rather than held by a single small group of administrators" (p. 237). A decentralized structure…

  6. Reversible solid oxide cells for bidirectional energy conversion in spot electricity and fuel markets

    NASA Astrophysics Data System (ADS)

    Villarreal Singer, Diego

    The decarbonization of the energy system is one of the most complex and consequential challenges of the 21st century. Meeting this challenge will require the deployment of existing low carbon technologies at unprecedented scales and rates and will necessitate the development of new technologies that have the ability to transform variable renewable energy into high energy density products. Reversible Solid Oxide Cells (RSOCs) are electrochemical devices that can function both as fuel cells or electrolyzers: in fuel cell mode, RSOCs consume a chemical fuel (H2, CO, CH4, etc.) to produce electrical power, while in electrolysis mode they consume electric power and chemical inputs (H2O, CO2) to produce a chemical fuel (H2, CO, CH4, etc.). As such, RSOC systems can be thought of as flexible "energy hubs" that have unique potential to bridge the low power density renewable infrastructure with that of high energy density fuels in an efficient, dynamic, and bidirectional fashion. This dissertation explores the different operational sensitivities and design trade-offs of a methane based RSOC system, investigates the optimum operating strategies for a system that adapts to variations in the hourly spot electricity and fuel prices in Western Denmark, and provides an economic analysis of the system under a wide variety of design assumptions, operational strategies, and fuel and electricity market structures. (Abstract shortened by ProQuest.).

  7. Individual welfare maximization in electricity markets including consumer and full transmission system modeling

    NASA Astrophysics Data System (ADS)

    Weber, James Daniel

    1999-11-01

    This dissertation presents a new algorithm that allows a market participant to maximize its individual welfare in the electricity spot market. The use of such an algorithm in determining market equilibrium points, called Nash equilibria, is also demonstrated. The start of the algorithm is a spot market model that uses the optimal power flow (OPF), with a full representation of the transmission system. The OPF is also extended to model consumer behavior, and a thorough mathematical justification for the inclusion of the consumer model in the OPF is presented. The algorithm utilizes price and dispatch sensitivities, available from the Hessian matrix of the OPF, to help determine an optimal change in an individual's bid. The algorithm is shown to be successful in determining local welfare maxima, and the prospects for scaling the algorithm up to realistically sized systems are very good. Assuming a market in which all participants maximize their individual welfare, economic equilibrium points, called Nash equilibria, are investigated. This is done by iteratively solving the individual welfare maximization algorithm for each participant until a point is reached where all individuals stop modifying their bids. It is shown that these Nash equilibria can be located in this manner. However, it is also demonstrated that equilibria do not always exist, and are not always unique when they do exist. It is also shown that individual welfare is a highly nonconcave function resulting in many local maxima. As a result, a more global optimization technique, using a genetic algorithm (GA), is investigated. The genetic algorithm is successfully demonstrated on several systems. It is also shown that a GA can be developed using special niche methods, which allow a GA to converge to several local optima at once. Finally, the last chapter of this dissertation covers the development of a new computer visualization routine for power system analysis: contouring. The contouring algorithm is

  8. Future Market Share of Space Solar Electric Power Under Open Competition

    NASA Astrophysics Data System (ADS)

    Smith, S. J.; Mahasenan, N.; Clarke, J. F.; Edmonds, J. A.

    2002-01-01

    This paper assesses the value of Space Solar Power deployed under market competition with a full suite of alternative energy technologies over the 21st century. Our approach is to analyze the future energy system under a number of different scenarios that span a wide range of possible future demographic, socio-economic, and technological developments. Scenarios both with, and without, carbon dioxide concentration stabilization policies are considered. We use the comprehensive set of scenarios created for the Intergovernmental Panel on Climate Change Special Report on Emissions Scenarios (Nakicenovic and Swart 2000). The focus of our analysis will be the cost of electric generation. Cost is particularly important when considering electric generation since the type of generation is, from a practical point of view, largely irrelevant to the end-user. This means that different electricity generation technologies must compete on the basis of price. It is important to note, however, that even a technology that is more expensive than average can contribute to the overall generation mix due to geographical and economic heterogeneity (Clarke and Edmonds 1993). This type of competition is a central assumption of the modeling approach used here. Our analysis suggests that, under conditions of full competition of all available technologies, Space Solar Power at 7 cents per kW-hr could comprise 5-10% of global electric generation by the end of the century, with a global total generation of 10,000 TW-hr. The generation share of Space Solar Power is limited due to competition with lower-cost nuclear, biomass, and terrestrial solar PV and wind. The imposition of a carbon constraint does not significantly increase the total amount of power generated by Space Solar Power in cases where a full range of advanced electric generation technologies are also available. Potential constraints on the availability of these other electric generation options can increase the amount of

  9. The market potential for SMES in electric utility applications. Final report

    SciTech Connect

    Not Available

    1994-06-01

    Superconducting magnetic energy storage (SMES) is an emerging technology with features that are potentially attractive in electric utility applications. This study evaluates the potential for SMES technology in the generation, transmission, distribution, and use of electric energy; the time frame of the assessment is through the year 2030. Comparisons are made with other technology options, including both commercially available and advanced systems such as various peaking generation technologies, transmission stability improvement technologies, and power quality enhancement devices. The methodology used for this study focused on the needs of the market place, the capabilities of S and the characteristics of the competing technologies. There is widespread interest within utilities for the development of SMES technology, but there is no general consensus regarding the most attractive size. Considerable uncertainty exists regarding the eventual costs and benefits of commercial SMES systems, but general trends have been developed based on current industry knowledge. Results of this analysis indicate that as storage capacity increases, cost increases at a rate faster than benefits. Transmission system applications requiring dynamic storage appear to have the most attractive economics. Customer service applications may be economic in the near term, but improved ride-through capability of end-use equipment may limit the size of this market over time. Other applications requiring greater storage capacity appear to be only marginally economic at best.

  10. Promoting the Market for Plug-in Hybrid and Battery Electric Vehicles: Role of Recharge Availability

    SciTech Connect

    Lin, Zhenhong; Greene, David L

    2012-01-01

    Much recent attention has been drawn to providing adequate recharge availability as a means to promote the battery electric vehicle (BEV) and plug-in hybrid electric vehicle (PHEV) market. The possible role of improved recharge availability in developing the BEV-PHEV market and the priorities that different charging options should receive from the government require better understanding. This study reviews the charging issue and conceptualizes it into three interactions between the charge network and the travel network. With travel data from 3,755 drivers in the National Household Travel Survey, this paper estimates the distribution among U.S. consumers of (a) PHEV fuel-saving benefits by different recharge availability improvements, (b) range anxiety by different BEV ranges, and (c) willingness to pay for workplace and public charging in addition to home recharging. With the Oak Ridge National Laboratory MA3T model, the impact of three recharge improvements is quantified by the resulting increase in BEV-PHEV sales. Compared with workplace and public recharging improvements, home recharging improvement appears to have a greater impact on BEV-PHEV sales. The impact of improved recharging availability is shown to be amplified by a faster reduction in battery cost.

  11. Three Essays on Renewable Energy Policy and its Effects on Fossil Fuel Generation in Electricity Markets

    NASA Astrophysics Data System (ADS)

    Bowen, Eric

    In this dissertation, I investigate the effectiveness of renewable policies and consider their impact on electricity markets. The common thread of this research is to understand how renewable policy incentivizes renewable generation and how the increasing share of generation from renewables affects generation from fossil fuels. This type of research is crucial for understanding whether policies to promote renewables are meeting their stated goals and what the unintended effects might be. To this end, I use econometric methods to examine how electricity markets are responding to an influx of renewable energy. My dissertation is composed of three interrelated essays. In Chapter 1, I employ recent scholarship in spatial econometrics to assess the spatial dependence of Renewable Portfolio Standards (RPS), a prominent state-based renewable incentive. In Chapter 2, I explore the impact of the rapid rise in renewable generation on short-run generation from fossil fuels. And in Chapter 3, I assess the impact of renewable penetration on coal plant retirement decisions.

  12. Salt Lake City Area Integrated Projects Electric Power Marketing. Draft environmental impact statement: Volume 1, Summary

    SciTech Connect

    Not Available

    1994-02-01

    The Salt Lake City Area Office of the Western Area Power Administration (Western) markets electricity produced at hydroelectric facilities operated by the Bureau of Reclamation. The facilities are known collectively as the Salt Lake City Area Integrated Projects (SLCA/IP) and include dams equipped for power generation on the Green, Gunnison, Rio Grande, and Colorado rivers and on Deer and Plateau creeks in the states of Wyoming, Utah, Colorado, Arizona, and New Mexico. Of these facilities, only the Glen Canyon Unit, the Flaming Gorge Unit, and the Aspinall Unit (which includes Blue Mesa, Morrow Point, and Crystal dams) are influenced by Western`s power scheduling and transmission decisions. The EIS alternatives, called commitment-level alternatives, reflect combinations of capacity and energy that would feasibly and reasonably fulfill Western`s firm power marketing responsibilities, needs, and statutory obligations. The viability of these alternatives relates directly to the combination of generation capability of the SLCA/IP with energy purchases and interchange. The economic and natural resource assessments in this environmental impact statement (EIS) include an analysis of commitment-level alternatives. Impacts of the no-action altemative are also assessed. Supply options, which include combinations of electrical power purchases and hydropower operational scenarios reflecting different operations of the dams, are also assessed. The EIS evaluates the impacts of these scenarios relative to socioeconomics, air resources, water resources, ecological resources, cultural resources, land use, recreation, and visual resources.

  13. A Bidding Methodology by Nash Equilibrium for Finite Generators Participating in Imperfect Electricity Markets

    NASA Astrophysics Data System (ADS)

    Satyaramesh, P. V.

    2014-01-01

    This paper presents an application of finite n-person non-cooperative game theory for analyzing bidding strategies of generators in a deregulated energy marketplace with Pool Bilateral contracts so as to maximize their net profits. A new methodology to build bidding methodology for generators participating in oligopoly electricity market has been proposed in this paper. It is assumed that each generator bids a supply function. This methodology finds out the coefficients in the supply function of generators in order to maximize benefits in an environment of competing rival bidders. A natural choice for developing strategies is Nash Equilibrium (NE) model incorporating mixed strategies, for solving the bidding problem of electrical market. Associated optimal profits are evaluated for a combination of set of pure strategies of bidding of generators, and payoff matrix has been constructed. The optimal payoff is calculated by using NE. An attempt has also been made to minimize the gap between the optimal payoff and the payoff obtained by a possible mixed strategies combination. The algorithm is coded in MATLAB. A numerical example is used to illustrate the essential features of the approach and the results are proved to be the optimal values.

  14. Design and market considerations for axial flux superconducting electric machine design

    NASA Astrophysics Data System (ADS)

    Ainslie, M. D.; George, A.; Shaw, R.; Dawson, L.; Winfield, A.; Steketee, M.; Stockley, S.

    2014-05-01

    In this paper, the authors investigate a number of design and market considerations for an axial flux superconducting electric machine design that uses high temperature superconductors. The axial flux machine design is assumed to utilise high temperature superconductors in both wire (stator winding) and bulk (rotor field) forms, to operate over a temperature range of 65-77 K, and to have a power output in the range from 10s of kW up to 1 MW (typical for axial flux machines), with approximately 2-3 T as the peak trapped field in the bulk superconductors. The authors firstly investigate the applicability of this type of machine as a generator in small- and medium-sized wind turbines, including the current and forecasted market and pricing for conventional turbines. Next, a study is also carried out on the machine's applicability as an in-wheel hub motor for electric vehicles. Some recommendations for future applications are made based on the outcome of these two studies. Finally, the cost of YBCO-based superconducting (2G HTS) wire is analysed with respect to competing wire technologies and compared with current conventional material costs and current wire costs for both 1G and 2G HTS are still too great to be economically feasible for such superconducting devices.

  15. Modeling strategic competition in hydro-thermal electricity generation markets with cascaded reservoir-hydroelectric generation plants

    NASA Astrophysics Data System (ADS)

    Uluca, Basak

    This dissertation aims to achieve two goals. The first is to model the strategic interactions of firms that own cascaded reservoir-hydro plants in oligopolistic and mixed oligopolistic hydrothermal electricity generation markets. Although competition in thermal generation has been extensively modeled since the beginning of deregulation, the literature on competition in hydro generation is still limited; in particular, equilibrium models of oligopoly that study the competitive behavior of firms that own reservoir-hydro plants along the same river in hydrothermal electricity generation markets are still under development. In competitive markets, when the reservoirs are located along the same river, the water released from an upstream reservoir for electricity generation becomes input to the immediate downstream reservoir, which may be owned by a competitor, for current or future use. To capture the strategic interactions among firms with cascaded reservoir-hydro plants, the Upstream-Conjecture approach is proposed. Under the Upstream-Conjecture approach, a firm with an upstream reservoir-hydro plant assumes that firms with downstream reservoir-hydro plants will respond to changes in the upstream firm's water release by adjusting their water release by the same amount. The results of the Upstream Conjecture experiments indicate that firms that own upstream reservoirs in a cascade may have incentive to withhold or limit hydro generation, forcing a reduction in the utilization of the downstream hydro generation plants that are owned by competitors. Introducing competition to hydroelectricity generation markets is challenging and ownership allocation of the previously state-owned cascaded reservoir-hydro plants through privatization can have significant impact on the competitiveness of the generation market. The second goal of the dissertation is to extract empirical guidance about best policy choices for the ownership of the state-owned generation plants, including the

  16. Barriers to Decentralized Teacher Education.

    ERIC Educational Resources Information Center

    Stuhr, Christian

    In an effort to meet the demand for off-campus postsecondary education at the degree, diploma, or certificate levels, this report examines the barriers against and reasons for offering decentralized teacher education programs from universities to colleges in rural Canadian provinces. Several reasons exist for the demand for off-campus…

  17. Implementation of Decentralized School Budgeting.

    ERIC Educational Resources Information Center

    Caldwell, Brian J.

    Decentralized school budgeting or school-based budgeting is relatively new to Canada. It means that school boards or central office administrators delegate to principals authority to make some budget decisions. High expectations for effects of the practice include greater efficiency in the allocation of resources, increased flexibility in the…

  18. Managers' skill set for decentralization.

    PubMed

    1995-01-01

    In order for decentralization to work, central- and field-level managers must have complementary roles and skills. Managers at both levels must master skills in the key management areas which will be most affected by decentralization. This paper summarizes the major skills which family planning managers at the central and local levels must have in a decentralized setting in the areas of program planning and implementation, financial planning/management, staffing, staff supervision, logistics and vehicles management, quality of care and service standards, MIS/reporting and program monitoring, and program evaluation. Selected comments from the International Review Board of The Family Planning Manager are presented on each topic. When decentralization occurs, local staff may find themselves overburdened with their new management responsibilities while they are still expected to carry out their regular work. Transforming doctors, nurses, and administrative staff into managers is a slow process. The process can, however, be made easier by carefully analyzing their new roles and responsibilities and the corresponding skills they need to perform their jobs, and providing them with the appropriate training.

  19. Music Libraries: Centralization versus Decentralization.

    ERIC Educational Resources Information Center

    Kuyper-Rushing, Lois

    2002-01-01

    Considers the decision that branch libraries, music libraries in particular, have struggled with concerning a centralized location in the main library versus a decentralized collection. Reports on a study of the Association of Research Libraries that investigated the location of music libraries, motivation for the location, degrees offered,…

  20. Decentralization by Function and Location

    ERIC Educational Resources Information Center

    Kochen, Manfred; Deutsch, Karl W.

    1973-01-01

    Examines under what conditions decentralization of facilities is rational for a client-centered system of service or administration, and under what conditions great centralization is more cost effective. Possible extensions of a simple model are suggested for application to school systems and numerous other organizations. (Author/DN)

  1. Secure provision of reactive power ancillary services in competitive electricity markets

    NASA Astrophysics Data System (ADS)

    El-Samahy, Ismael

    The research work presented in this thesis discusses various complex issues associated with reactive power management and pricing in the context of new operating paradigms in deregulated power systems, proposing appropriate policy solutions. An integrated two-level framework for reactive power management is set forth, which is both suitable for a competitive market and ensures a secure and reliable operation of the associated power system. The framework is generic in nature and can be adopted for any electricity market structure. The proposed hierarchical reactive power market structure comprises two stages: procurement of reactive power resources on a seasonal basis, and real-time reactive power dispatch. The main objective of the proposed framework is to provide appropriate reactive power support from service providers at least cost, while ensuring a secure operation of the power system. The proposed procurement procedure is based on a two-step optimization model. First, the marginal benefits of reactive power supply from each provider, with respect to system security, are obtained by solving a loadability-maximization problem subject to transmission security constraints imposed by voltage and thermal limits. Second, the selected set of generators is determined by solving an optimal power flow (OPF)-based auction. This auction maximizes a societal advantage function comprising generators' offers and their corresponding marginal benefits with respect to system security, and considering all transmission system constraints. The proposed procedure yields the selected set of generators and zonal price components, which would form the basis for seasonal contracts between the system operator and the selected reactive power service providers. The main objective of the proposed reactive power dispatch model is to minimize the total payment burden on the Independent System Operator (ISO), which is associated with reactive power dispatch. The real power generation is

  2. Organizational precedents for ownership and management of decentralized renewable-energy systems

    SciTech Connect

    Meunier, R.; Silversmith, J.A.

    1981-03-01

    Three existing organizational types that meet the decentralization criteria of local consumer ownership and control - cooperatives, Rural Electric Cooperatives, and municipal utilities - are examined. These three organizational precedents are analyzed in terms of their histories, structures, legal powers, sources of capital, and social and political aspects. Examples of related experiments with renewable energy technologies are given, and inferences are drawn regarding the organizations' suitability as vehicles for future implementation of decentralized renewable energy systems.

  3. The benefits of and potential markets for high speed electrical machines: Scoping study. Final report

    SciTech Connect

    1997-12-01

    This report is a summary of the results of a scoping study to document the potential benefits of, and the commercial markets for, high speed electrical machines. In the context of the report, high speed is used to describe machine operation in the speed range of 10,000 to 100,000 rpm. The power ratings of single machines within this speed range are limited by thermal and material considerations to approximately 15 to 20 thousand horsepower at the low end, 10,000 rpm, and approximately 10 to 250 hp at the high end, 100,000 rpm. Application opportunities exist for high speed electrical machines in direct drive electromechanical systems that are rated by power rather than by required drive torque. The potential economic benefits of high speed operation are due to the fact that shaft power is directly proportional to shaft speed, while shaft torque is proportional to total machine size. Therefore, the material cost of a high speed system can be less than that of a similarly power rated low speed system simply because there is less of the high speed system. Whether or not this material quantity advantage will lead to actual system cost reductions is the subject of active research and development, as materials of construction for high speed systems naturally entail quality requirements in excess of those of more standard speed systems. Material stress limitations, heat transfer limitations and high speed bearing limitations are considered and discussed. Existing applications of electrical machines which at present fall within the regime of high speed are discussed but in the main, this report concentrates on potential new, large volume applications. It is shown that major, new, near term market opportunities exist in the HVAC, machine tool and high speed generation industries. An existing EPRI program which seeks to demonstrate high speed permanent magnet AC machine technology is also discussed.

  4. Strategic Genco offers in electric energy markets cleared by merit order

    NASA Astrophysics Data System (ADS)

    Hasan, Ebrahim A. Rahman

    In an electricity market cleared by merit-order economic dispatch we identify necessary and sufficient conditions under which the market outcomes supported by pure strategy Nash equilibria (NE) exist when generating companies (Gencos) game through continuously variable incremental cost (IC) block offers. A Genco may own any number of units, each unit having multiple blocks with each block being offered at a constant IC. Next, a mixed-integer linear programming (MILP) scheme devoid of approximations or iterations is developed to identify all possible NE. The MILP scheme is systematic and general but computationally demanding for large systems. Thus, an alternative significantly faster lambda-iterative approach that does not require the use of MILP was also developed. Once all NE are found, one critical question is to identify the one whose corresponding gaming strategy may be considered by all Gencos as being the most rational. To answer this, this thesis proposes the use of a measure based on the potential profit gain and loss by each Genco for each NE. The most rational offer strategy for each Genco in terms of gaming or not gaming that best meets their risk/benefit expectations is the one corresponding to the NE with the largest gain to loss ratio. The computation of all NE is tested on several systems of up to ninety generating units, each with four incremental cost blocks. These NE are then used to examine how market power is influenced by market parameters, specifically, the number of competing Gencos, their size and true ICs, as well as the level of demand and price cap.

  5. Electricity without carbon dioxide: Assessing the role of carbon capture and sequestration in United States electric markets

    NASA Astrophysics Data System (ADS)

    Johnson, Timothy Lawrence

    2002-09-01

    Stabilization of atmospheric greenhouse gas concentrations will likely require significant cuts in electric sector carbon dioxide (CO2) emissions. The ability to capture and sequester CO2 in a manner compatible with today's fossil-fuel based power generating infrastructure offers a potentially low-cost contribution to a larger climate change mitigation strategy. This thesis fills a niche between economy-wide studies of CO 2 abatement and plant-level control technology assessments by examining the contribution that carbon capture and sequestration (CCS) might make toward reducing US electric sector CO2 emissions. The assessment's thirty year perspective ensures that costs sunk in current infrastructure remain relevant and allows time for technological diffusion, but remains free of assumptions about the emergence of unidentified radical innovations. The extent to which CCS might lower CO2 mitigation costs will vary directly with the dispatch of carbon capture plants in actual power-generating systems, and will depend on both the retirement of vintage capacity and competition from abatement alternatives such as coal-to-gas fuel switching and renewable energy sources. This thesis therefore adopts a capacity planning and dispatch model to examine how the current distribution of generating units, natural gas prices, and other industry trends affect the cost of CO2 control via CCS in an actual US electric market. The analysis finds that plants with CO2 capture consistently provide significant reductions in base-load emissions at carbon prices near 100 $/tC, but do not offer an economical means of meeting peak demand unless CO2 reductions in excess of 80 percent are required. Various scenarios estimate the amount by which turn-over of the existing generating infrastructure and the severity of criteria pollutant constraints reduce mitigation costs. A look at CO2 sequestration in the seabed beneath the US Outer Continental Shelf (OCS) complements this model

  6. An Economic Evalution of Demand-side Energy Storage Systems by using a Multi-agent based Electricity Market

    NASA Astrophysics Data System (ADS)

    Furusawa, Ken; Sugihara, Hideharu; Tsuji, Kiichiro

    Opened wholesale electric power market in April 2005, deregulation of electric power industry in Japan has faced a new competitive environment. In the new environment, Independent Power Producer (: IPP), Power Producer and Supplier (: PPS), Load Service Entity (: LSE) and electric utility can trade electric energy through both bilateral contracts and single-price auction at the electricity market. In general, the market clearing price (: MCP) is largely changed by amount of total load demand in the market. The influence may cause price spike, and consequently the volatility of MCP will make LSEs and their customers to face a risk of revenue and cost. DSM is attracted as a means of load leveling, and has effect on decreasing MCP at peak load period. Introducing Energy Storage systems (: ES) is one of DSM in order to change demand profile at customer-side. In case that customers decrease their own demand at jumped MCP, a bidding strategy of generating companies may be changed their strategy. As a result, MCP is changed through such complex mechanism. In this paper the authors evaluate MCP by multi-agent. It is considered that customer-side ES has an effect on MCP fluctuation. Through numerical examples, this paper evaluates the influence on MCP by controlling customer-side ES corresponding to variation of MCP.

  7. The market of electrical and electronic equipment waste in Portugal: Analysis of take-back consumers' decisions.

    PubMed

    Botelho, Anabela; Ferreira Dias, Marta; Ferreira, Carla; Pinto, Lígia M Costa

    2016-10-01

    This paper aims to ascertain the efficacy and acceptability of five incentive schemes for the take-back of waste electrical and electronic equipment in Portugal, focusing in consumers' perspectives. It assesses users' perception of these items, evaluating the motivations and interests they have concerning the market of waste electrical and electronic equipment. Results indicate, on one hand, a lack of awareness by consumers about the process of take-back of their equipment. On the other hand, results show that information conditions and socio-demographic factors affect consumers' motivations for returning the electrical and electronic equipment at the end of life. In this context, it can be concluded that, in Portugal, the market for the recovery of waste electrical and electronic equipment is still in its infancy.

  8. Incorporating voltage security into the planning, operation and monitoring of restructured electric energy markets

    NASA Astrophysics Data System (ADS)

    Nair, Nirmal-Kumar

    As open access market principles are applied to power systems, significant changes are happening in their planning, operation and control. In the emerging marketplace, systems are operating under higher loading conditions as markets focus greater attention to operating costs than stability and security margins. Since operating stability is a basic requirement for any power system, there is need for newer tools to ensure stability and security margins being strictly enforced in the competitive marketplace. This dissertation investigates issues associated with incorporating voltage security into the unbundled operating environment of electricity markets. It includes addressing voltage security in the monitoring, operational and planning horizons of restructured power system. This dissertation presents a new decomposition procedure to estimate voltage security usage by transactions. The procedure follows physical law and uses an index that can be monitored knowing the state of the system. The expression derived is based on composite market coordination models that have both PoolCo and OpCo transactions, in a shared stressed transmission grid. Our procedure is able to equitably distinguish the impacts of individual transactions on voltage stability, at load buses, in a simple and fast manner. This dissertation formulates a new voltage stability constrained optimal power flow (VSCOPF) using a simple voltage security index. In modern planning, composite power system reliability analysis that encompasses both adequacy and security issues is being developed. We have illustrated the applicability of our VSCOPF into composite reliability analysis. This dissertation also delves into the various applications of voltage security index. Increasingly, FACT devices are being used in restructured markets to mitigate a variety of operational problems. Their control effects on voltage security would be demonstrated using our VSCOPF procedure. Further, this dissertation investigates

  9. Decentralized control of units in smart grids for the support of renewable energy supply

    SciTech Connect

    Sonnenschein, Michael; Lünsdorf, Ontje; Bremer, Jörg; Tröschel, Martin

    2015-04-15

    controlled appliance sets is necessary. We introduce a method for self-organized clustering for this purpose and show how control of such clusters can affect load peaks in distribution grids. Subsequently, we give a short overview on how we are going to expand the idea of self-organized clusters of units into creating a virtual control center for dynamic virtual power plants (DVPP) offering products at a power market. For an efficient organization of DVPPs, the flexibilities of units have to be represented in a compact and easy to use manner. We give an introduction how the problem of representing a set of possibly 10{sup 100} feasible schedules can be solved by a machine-learning approach. In summary, this article provides an overall impression how we use agent based control techniques and methods of self-organization to support the further integration of distributed and renewable energy sources into power grids and energy markets. - Highlights: • Distributed load management for electrical vehicles supports local supply from PV. • Appliances can self-organize into so called virtual appliances for load control. • Dynamic VPPs can be controlled by extensively decentralized control centers. • Flexibilities of units can efficiently be represented by support-vector descriptions.

  10. Determination of the potential market size and opportunities for biomass to electricity projects in China

    SciTech Connect

    Perlack, R.D.

    1995-08-01

    Efforts are currently underway to assess the market potential and prospects for the US private sector in biomass energy development in Yunnan Province. Among the specific objectives of the study are to: estimate the likely market size and competitiveness of biomass energy, assess the viability of US private sector ventures; assess non-economic factors (e.g., resource, environmental, social, political, institutional) that could affect the viability of biomass energy; and recommend appropriate actions to help stimulate biomass initiatives. Feasibility studies show that biomass projects in Yunnan Province are financially and technically viable. Biomass can be grown and converted to electricity at costs lower than other alternatives. These projects if implemented can ease power shortages and help to sustain the region`s economic growth. The external environmental benefits of integrated biomass projects are also potentially significant. This paper summarizes a two-step screening and rank-ordering process that is being used to identify the best candidate projects for possible US private sector investment. The process uses a set of initial screens to eliminate projects that are not technically feasible to develop. The remaining projects are then rank-ordered using a multicriteria technique.

  11. Evaluating the potential impact of transmission constraints on the operation of a competitive electricity market in Illinois.

    SciTech Connect

    Cirillo, R.; Thimmapuram, P.; Veselka, T.; Koritarov, V.; Conzelmann, G.; Macal, C.; Boyd, G.; North, M.; Overbye, T.; Cheng, X.; Decision and Information Sciences; Univ. of Illinois

    2006-04-30

    Despite the current adequacy of the generation and transmission system in Illinois, there is concern that the uncertainties of electricity restructuring warrant a more detailed analysis to determine if there might be pitfalls that have not been identified under current conditions. The problems experienced elsewhere in the country emphasize the need for an evaluation of how Illinois might fare under a restructured electricity market. The Illinois Commerce Commission (ICC) commissioned this study to be undertaken as a joint effort by the University of Illinois at Urbana-Champaign and Argonne National Laboratory to evaluate the Illinois situation in the 2007 period when restructuring is scheduled to be fully implemented in the State. The purpose of this study is to make an initial determination if the transmission system in Illinois and the surrounding region would be able to support a competitive electricity market, would allow for effective competition to keep prices in check, and would allow for new market participants to effectively compete for market share. The study seeks to identify conditions that could reasonably be expected to occur that would enable a company to exercise market power in one or more portions of the State and thereby create undue pressure on the prices charged to customers and/or inhibit new market participants from entering the market. The term 'market power' has many different definitions, and there is no universal agreement on how to measure it. For the purposes of this study, the term is defined as the ability to raise prices and increase profitability by unilateral action. A more complete definition is provided later. With this definition, the central question of this analysis becomes: 'Can a company, acting on its own, raise electricity prices and increase its profits?' It should be noted that the intent of the study is not to predict whether or not such market power would be exercised by any company. Rather, it is designed to determine

  12. The social control of energy: A case for the promise of decentralized solar technologies

    NASA Astrophysics Data System (ADS)

    Gilmer, R. W.

    1980-05-01

    Decentralized solar technology and centralized electric utilities were contrasted in the ways they assign property rights in capital and energy output; in the assignment of operational control; and in the means of monitoring, policing, and enforcing property rights. An analogy was drawn between the decision of an energy consumer to use decentralized solar and the decision of a firm to vertically integrate, that is, to extend the boundary of a the firm to vertically integrate, that is, to extend the boundary of the firm by making inputs or further processing output. Decentralized solar energy production offers the small energy consumer the chance to cut ties to outside suppliers--to vertically integrate energy production into the home or business. The development of this analogy provides insight into important noneconomic aspects of solar energy, and it points clearly to the lighter burdens of social management offered by decentralized solar technology.

  13. Important Factors for Early Market Microgrids: Demand Response and Plug-in Electric Vehicle Charging

    NASA Astrophysics Data System (ADS)

    White, David Masaki

    Microgrids are evolving concepts that are growing in interest due to their potential reliability, economic and environmental benefits. As with any new concept, there are many unresolved issues with regards to planning and operation. In particular, demand response (DR) and plug-in electric vehicle (PEV) charging are viewed as two key components of the future grid and both will likely be active technologies in the microgrid market. However, a better understanding of the economics associated with DR, the impact DR can have on the sizing of distributed energy resource (DER) systems and how to accommodate and price PEV charging is necessary to advance microgrid technologies. This work characterizes building based DR for a model microgrid, calculates the DER systems for a model microgrid under DR through a minimization of total cost, and determines pricing methods for a PEV charging station integrated with an individual building on the model microgrid. It is shown that DR systems which consist only of HVAC fan reductions provide potential economic benefits to the microgrid through participation in utility DR programs. Additionally, peak shaving DR reduces the size of power generators, however increasing DR capacity does not necessarily lead to further reductions in size. As it currently stands for a microgrid that is an early adopter of PEV charging, current installation costs of PEV charging equipment lead to a system that is not competitive with established commercial charging networks or to gasoline prices for plug-in hybrid electric vehicles (PHEV).

  14. The marketability of electric vehicles: Battery performance and consumer demand for driving range

    SciTech Connect

    Kurani, K.; Sperling, D.; Turrentine, T.

    1996-11-01

    This paper reports on a four-year study of electric vehicle demand. The study was motivated by the hypothesis that most previous studies understate electric vehicle (EV) demand because they largely ignore behavior adaptations of households, the benefits of home recharging, and the likelihood that vehicle purchase and use decisions would change over time as more information and experience becomes available. The authors focused on a newly defined market segment: multi-car hybrid households, in which one car has limited driving range. The authors designed a four-stage mail survey that included a video of EV use and recharging, information material, a 3-day trip diary, and a series of vehicle choice questions. Respondents had a choice of propulsion systems, body styles and sizes, driving ranges, and other features. The variety of driving ranges offered tested the hypothesis that demand for EVs will be segmented by demand for driving range. Prices of EVs varied, but tended to be up to several thousand dollars higher than those of comparable gasoline vehicles. The questionnaires were administered to 740 multi-car households in 6 metropolitan areas of California. The response rate was 61%.

  15. An Empirical Analysis of a Dominant Firm’s Market Power in a Restructured Electricity Market, A Case Study of Colorado

    DTIC Science & Technology

    2007-11-02

    supply curve slopes downward, average cost is always higher than marginal cost. As a result of pricing based on average total cost, prices under...is commonly called a load duration curve (figure 30). In a load duration curve , hourly load data is sorted from largest load ( peak demand) to...revenue from electricity sales to - all retail customers, cents/kWh, by state, 199 5 2 0 6. Supply curve for generation 23 7. Competitive market

  16. 75 FR 14342 - Market-Based Rates for Wholesale Sales of Electric Energy, Capacity and Ancillary Services by...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-03-25

    ... Energy Regulatory Commission 18 CFR Part 35 Market-Based Rates for Wholesale Sales of Electric Energy... authority for sales of energy, capacity and ancillary services to ensure that such sales are just and... of the tariff provision governing mitigated sales at the metered boundary and reaffirms its...

  17. Connecting Colorado's Renewable Resources to the Markets in a Cabon-Constrained Electricity Sector

    SciTech Connect

    2009-12-31

    The benchmark goal that drives the report is to achieve a 20 percent reduction in carbon dioxide (CO{sub 2}) emissions in Colorado's electricity sector below 2005 levels by 2020. We refer to this as the '20 x 20 goal.' In discussing how to meet this goal, the report concentrates particularly on the role of utility-scale renewable energy and high-voltage transmission. An underlying recognition is that any proposed actions must not interfere with electric system reliability and should minimize financial impacts on customers and utilities. The report also describes the goals of Colorado's New Energy Economy5 - identified here, in summary, as the integration of energy, environment, and economic policies that leads to an increased quality of life in Colorado. We recognize that a wide array of options are under constant consideration by professionals in the electric industry, and the regulatory community. Many options are under discussion on this topic, and the costs and benefits of the options are inherently difficult to quantify. Accordingly, this report should not be viewed as a blueprint with specific recommendations for the timing, siting, and sizing of generating plants and high-voltage transmission lines. We convened the project with the goal of supplying information inputs for consideration by the state's electric utilities, legislators, regulators, and others as we work creatively to shape our electricity sector in a carbon-constrained world. The report addresses various issues that were raised in the Connecting Colorado's Renewable Resources to the Markets report, also known as the SB07-91 Report. That report was produced by the Senate Bill 2007-91 Renewable Resource Generation Development Areas Task Force and presented to the Colorado General Assembly in 2007. The SB07-91 Report provided the Governor, the General Assembly, and the people of Colorado with an assessment of the capability of Colorado's utility-scale renewable resources to contribute electric

  18. Marketing.

    PubMed

    Chambers, David W

    2010-01-01

    There is not enough marketing of dentistry; but there certainly is too much selling of poor quality service that is being passed off as dentistry. The marketing concept makes the patient and the patients' needs the ultimate criteria of marketing efforts. Myths and good practices for effective marketing that will promote oral health are described under the traditional four "Ps" categories of "product" (best dental care), "place" (availability), "promotion" (advertising and other forms of making patients aware of available services and how to use them), and "price" (the total cost to patients of receiving care).

  19. Possibility of controlling nonregulated prices in the electricity market by means of varying the parameters of a power system

    NASA Astrophysics Data System (ADS)

    Vaskovskaya, T. A.

    2014-12-01

    This paper offers a new approach to the analysis of price signals from the wholesale electricity and capacity market that is based on the analysis of the influence exerted by input data used in the problem of optimization of the power system operating conditions, namely: parameters of a power grid and power-receiving equipment that might vary under the effect of control devices. It is shown that it would be possible to control nonregulated prices for electricity in the wholesale electricity market by varying the parameters of control devices and energy-receiving equipment. An increase in the effectiveness of power transmission and the cost-effective use of fuel-and-energy resources (energy saving) can become an additional effect of controlling the nonregulated prices.

  20. Marketing.

    ERIC Educational Resources Information Center

    Appel, David L.

    This booklet suggests ways in which institutions--Catholic schools in particular--can move beyond public relations and advertising to engage in the broader arena of marketing with its focus on consumer satisfaction. The first of the book's three chapters reviews the concept of marketing, providing definitions of key terms, clarification of…

  1. Marketing.

    ERIC Educational Resources Information Center

    Maust, Robert N.

    1985-01-01

    Although college administrators may be committed to the concept and need for institutional marketing, even a well-developed marketing plan may not work if it is not clearly organized to address special needs. This article reviews management fads, how to make jargon operational, organizational dynamics, and monitoring fads. (MSE)

  2. Optimal operational strategies for a day-ahead electricity market in the presence of market power using multi-objective evolutionary algorithms

    NASA Astrophysics Data System (ADS)

    Rodrigo, Deepal

    2007-12-01

    This dissertation introduces a novel approach for optimally operating a day-ahead electricity market not only by economically dispatching the generation resources but also by minimizing the influences of market manipulation attempts by the individual generator-owning companies while ensuring that the power system constraints are not violated. Since economic operation of the market conflicts with the individual profit maximization tactics such as market manipulation by generator-owning companies, a methodology that is capable of simultaneously optimizing these two competing objectives has to be selected. Although numerous previous studies have been undertaken on the economic operation of day-ahead markets and other independent studies have been conducted on the mitigation of market power, the operation of a day-ahead electricity market considering these two conflicting objectives simultaneously has not been undertaken previously. These facts provided the incentive and the novelty for this study. A literature survey revealed that many of the traditional solution algorithms convert multi-objective functions into either a single-objective function using weighting schemas or undertake optimization of one function at a time. Hence, these approaches do not truly optimize the multi-objectives concurrently. Due to these inherent deficiencies of the traditional algorithms, the use of alternative non-traditional solution algorithms for such problems has become popular and widely used. Of these, multi-objective evolutionary algorithms (MOEA) have received wide acceptance due to their solution quality and robustness. In the present research, three distinct algorithms were considered: a non-dominated sorting genetic algorithm II (NSGA II), a multi-objective tabu search algorithm (MOTS) and a hybrid of multi-objective tabu search and genetic algorithm (MOTS/GA). The accuracy and quality of the results from these algorithms for applications similar to the problem investigated here

  3. Customer Strategies for Responding to Day-Ahead Market HourlyElectricity Pricing

    SciTech Connect

    Goldman, Chuck; Hopper, Nicole; Bharvirkar, Ranjit; Neenan,Bernie; Boisvert, Dick; Cappers, Peter; Pratt, Donna; Butkins, Kim

    2005-08-25

    Real-time pricing (RTP) has been advocated as an economically efficient means to send price signals to customers to promote demand response (DR) (Borenstein 2002, Borenstein 2005, Ruff 2002). However, limited information exists that can be used to judge how effectively RTP actually induces DR, particularly in the context of restructured electricity markets. This report describes the second phase of a study of how large, non-residential customers' adapted to default-service day-ahead hourly pricing. The customers are located in upstate New York and served under Niagara Mohawk, A National Grid Company (NMPC)'s SC-3A rate class. The SC-3A tariff is a type of RTP that provides firm, day-ahead notice of hourly varying prices indexed to New York Independent System Operator (NYISO) day-ahead market prices. The study was funded by the California Energy Commission (CEC)'s PIER program through the Demand Response Research Center (DRRC). NMPC's is the first and longest-running default-service RTP tariff implemented in the context of retail competition. The mix of NMPC's large customers exposed to day-ahead hourly prices is roughly 30% industrial, 25% commercial and 45% institutional. They have faced periods of high prices during the study period (2000-2004), thereby providing an opportunity to assess their response to volatile hourly prices. The nature of the SC-3A default service attracted competitive retailers offering a wide array of pricing and hedging options, and customers could also participate in demand response programs implemented by NYISO. The first phase of this study examined SC-3A customers' satisfaction, hedging choices and price response through in-depth customer market research and a Constant Elasticity of Substitution (CES) demand model (Goldman et al. 2004). This second phase was undertaken to answer questions that remained unresolved and to quantify price response to a higher level of granularity. We accomplished these objectives with a second customer

  4. Decentralized nonlinear optimal excitation control

    SciTech Connect

    Lu, Q.; Sun, Y.; Xu, Z.; Mochizuki, T.

    1996-11-01

    A design method to lay emphasis on differential geometric approach for decentralized nonlinear optimal excitation control of multimachine systems is suggested in this paper. The control law achieved is implemented via purely local measurements. Moreover, it is independent of the parameters of power networks. Simulations are performed on a six-machine system. It has been demonstrated that the nonlinear optimal excitation control could adapt to the conditions under large disturbances. Besides, this paper has verified that the optimal control in the sense of LQR principle for the linearized system is equivalent to an optimal control in the sense of a quasi-quadratic performance index for the primitive nonlinear control system.

  5. Stranded cost recovery: Reregulating the electricity markets in the United States

    NASA Astrophysics Data System (ADS)

    Wagle, Pushkar Ghanashyam

    2000-10-01

    For the past few years, Stranded Cost recovery has been one of the most contentious issues regarding the restructuring of electricity markets among the regulators, researchers, and the other interested parties. Among the states that have moved towards retail competition, some have already made decisions regarding the levels of the stranded cost recovery. So the question is: how have these states handled the "stranded cost problem"? Following the introduction and the historical perspective of the industry in the first chapter, the second chapter takes a broad view for understanding the overall process of deregulation. It attempts to analyze why some states have made a rapid transition to competition in the electric utility industry, while other states are just beginning to consider the issue. White (1996) and Ando & Palmer (1998) have conducted a similar exercise. We present a more comprehensive and theoretically informed econometric analysis that sheds light over some of the crucial issues involved in restructuring, such as, stranded cost recovery, regulation of transmission and distribution sectors, and establishment of Independent System Operator, etc. This chapter offers the rationale for alternative econometric techniques, and extends the political economy analysis to incorporate actual timings of retail competition. Once we have identified the role of stranded cost in restructuring and the theoretical foundations, we study empirically the political economy of states' decisions to grant stranded cost recovery. This constitutes the third chapter. Here, we concentrate on California and Pennsylvania, two states that are at the frontiers of deregulation, and compare their respective treatments of the stranded cost. We probe the reasons behind Pennsylvania's lead over California on the path towards deregulation.

  6. How uncertain is the future of electric vehicle market: Results from Monte Carlo simulations using a nested logit model

    SciTech Connect

    Liu, Changzheng; Lin, Zhenhong

    2016-12-08

    Plug-in electric vehicles (PEVs) are widely regarded as an important component of the technology portfolio designed to accomplish policy goals in sustainability and energy security. However, the market acceptance of PEVs in the future remains largely uncertain from today's perspective. By integrating a consumer choice model based on nested multinomial logit and Monte Carlo simulation, this study analyzes the uncertainty of PEV market penetration using Monte Carlo simulation. Results suggest that the future market for PEVs is highly uncertain and there is a substantial risk of low penetration in the early and midterm market. Top factors contributing to market share variability are price sensitivities, energy cost, range limitation, and charging availability. The results also illustrate the potential effect of public policies in promoting PEVs through investment in battery technology and infrastructure deployment. Here, continued improvement of battery technologies and deployment of charging infrastructure alone do not necessarily reduce the spread of market share distributions, but may shift distributions toward right, i.e., increase the probability of having great market success.

  7. How uncertain is the future of electric vehicle market: Results from Monte Carlo simulations using a nested logit model

    DOE PAGES

    Liu, Changzheng; Oak Ridge National Lab.; Lin, Zhenhong; ...

    2016-12-08

    Plug-in electric vehicles (PEVs) are widely regarded as an important component of the technology portfolio designed to accomplish policy goals in sustainability and energy security. However, the market acceptance of PEVs in the future remains largely uncertain from today's perspective. By integrating a consumer choice model based on nested multinomial logit and Monte Carlo simulation, this study analyzes the uncertainty of PEV market penetration using Monte Carlo simulation. Results suggest that the future market for PEVs is highly uncertain and there is a substantial risk of low penetration in the early and midterm market. Top factors contributing to market sharemore » variability are price sensitivities, energy cost, range limitation, and charging availability. The results also illustrate the potential effect of public policies in promoting PEVs through investment in battery technology and infrastructure deployment. Here, continued improvement of battery technologies and deployment of charging infrastructure alone do not necessarily reduce the spread of market share distributions, but may shift distributions toward right, i.e., increase the probability of having great market success.« less

  8. The Decentralization of Education in Mexico.

    ERIC Educational Resources Information Center

    Ornelas, Carlos

    1988-01-01

    Examines the question of why the Mexican Federal Government decided to decentralize the national system of education, going against Mexican historical trends towards centralization. Discusses five possible answers to this question, suggesting that perhaps the "shallow" structures of education are being decentralized in order to…

  9. L.A. Decentralization with Problems

    ERIC Educational Resources Information Center

    Gurule, Kay; Ortega, Joe

    1973-01-01

    The major criticism of the Los Angeles decentralization plan is that, in effect, it adds an additional layer to the bureaucracy through which citizens must wade to get to the Board of education. Decentralization as it functions in Los Angeles is a creation of the Board of Education, and the Board claims that it cannot legally delegate its…

  10. Visualizing the Collective Learner through Decentralized Networks

    ERIC Educational Resources Information Center

    Castro, Juan Carlos

    2015-01-01

    Understandings of decentralized networks are increasingly used to describe a way to structure curriculum and pedagogy. It is often understood as a structural model to organize pedagogical and curricular relationships in which there is no center. While this is important it also bears introducing into the discourse that decentralized networks are…

  11. Decentralized Decision Making Toward Educational Goals.

    ERIC Educational Resources Information Center

    Monahan, William W.; Johnson, Homer M.

    This monograph provides guidelines to help those school districts considering a more decentralized form of management. The authors discuss the levels at which different types of decisions should be made, describe the changing nature of the educational environment, identify different centralization-decentralization models, and suggest a flexible…

  12. What supervisors want to know about decentralization.

    PubMed

    Boissoneau, R; Belton, P

    1991-06-01

    Many organizations in various industries have tended to move away from strict centralization, yet some centralization is still vital to top management. With 19 of the 22 executives interviewed favoring or implementing some form of decentralization, it is probable that traditionally centralized organizations will follow the trend and begin to decentralize their organizational structures. The incentives and advantages of decentralization are too attractive to ignore. Decentralization provides responsibility, clear objectives, accountability for results, and more efficient and effective decision making. However, one must remember that decentralization can be overextended and that centralization is still viable in certain functions. Finding the correct balance between control and autonomy is a key to decentralization. Too much control and too much autonomy are the primary reasons for decentralization failures. In today's changing, competitive environment, structures must be continuously redefined, with the goal of finding an optimal balance between centralization and decentralization. Organizations are cautioned not to seek out and install a single philosopher-king to impose unified direction, but to unify leadership goals, participation, style, and control to develop improved methods of making all responsible leaders of one mind about the organization's needs and goals.

  13. Direct participation of electrical loads in the California independent system operator markets during the Summer of 2000

    SciTech Connect

    Marnay, Chris; Hamachi, Kristina S.; Khavkin, Mark; Siddiqui, Afzal S.

    2001-04-01

    California's restructured electricity markets opened on 1 April 1998. The former investor-owned utilities were functionally divided into generation, transmission, and distribution activities, all of their gas-fired generating capacity was divested, and the retail market was opened to competition. To ensure that small customers shared in the expected benefit of lower prices, the enabling legislation mandated a 10% rate cut for all customers, which was implemented in a simplistic way that fossilized 1996 tariff structures. Rising fuel and environmental compliance costs, together with a reduced ability to import electricity, numerous plant outages, and exercise of market power by generators drove up wholesale electricity prices steeply in 2000, while retail tariffs remained unchanged. One of the distribution/supply companies entered bankruptcy in April 2001, and another was insolvent. During this period, two sets of interruptible load programs were in place, longstanding ones organized as special tariffs by the distribution/supply companies and hastily established ones run directly by the California Independent System Operator (CAISO). The distribution/supply company programs were effective at reducing load during the summer of 2000, but because of the high frequency of outages required by a system on the brink of failure, customer response declined and many left the tariff. The CAISO programs failed to attract enough participation to make a significant difference to the California supply demand imbalance. The poor performance of direct load participation in California's markets reinforces the argument for accurate pricing of electricity as a stimulus to energy efficiency investment and as a constraint on market volatility.

  14. Acquiring competitive power supplies in the new restructured electricity markets -- Aggregation opportunities, choosing the right supplier, and negotiating contracts

    SciTech Connect

    Kelley, K.L.

    1999-07-01

    While demand-side and energy efficiency measures conventionally bring more substantive cost savings than procuring competitive energy supplies, the new opportunity to create added electricity savings has been gaining momentum as deregulated electricity markets mature from their infancy to adolescence. As these markets evolve, more and more small and medium sized facilities are being approached by new entrants to switch electricity providers. Many of these new providers seem to have come from nowhere, while other don't seem any different than the current utility. Managers struggle to find an easy way to validate the claims and promises that often seem too good to be true; no matter how much assistance the incumbent utility offers. This paper will discuss the impact of Customer Choice for electricity as a commodity and will present the key issues that energy decisionmakers will contend with when deciding whether or not to switch. It will also address critical elements vital to contract negotiations that will protect a business' financial risk in the new deregulated market.

  15. Why do electricity policy and competitive markets fail to use advanced PV systems to improve distribution power quality?

    DOE PAGES

    McHenry, Mark P.; Johnson, Jay; Hightower, Mike

    2016-01-01

    The increasing pressure for network operators to meet distribution network power quality standards with increasing peak loads, renewable energy targets, and advances in automated distributed power electronics and communications is forcing policy-makers to understand new means to distribute costs and benefits within electricity markets. Discussions surrounding how distributed generation (DG) exhibits active voltage regulation and power factor/reactive power control and other power quality capabilities are complicated by uncertainties of baseline local distribution network power quality and to whom and how costs and benefits of improved electricity infrastructure will be allocated. DG providing ancillary services that dynamically respond to the networkmore » characteristics could lead to major network improvements. With proper market structures renewable energy systems could greatly improve power quality on distribution systems with nearly no additional cost to the grid operators. Renewable DG does have variability challenges, though this issue can be overcome with energy storage, forecasting, and advanced inverter functionality. This paper presents real data from a large-scale grid-connected PV array with large-scale storage and explores effective mitigation measures for PV system variability. As a result, we discuss useful inverter technical knowledge for policy-makers to mitigate ongoing inflation of electricity network tariff components by new DG interconnection requirements or electricity markets which value power quality and control.« less

  16. Institutional and Regulatory Economics of Electricity Market Reforms: the Evidence from India, Pakistan, Bangladesh, Nepal, and Sri Lanka

    NASA Astrophysics Data System (ADS)

    Singh, Bipulendu

    Five South Asian countries-- India, Pakistan, Bangladesh, Nepal and Sri Lanka -- embarked on electricity market reforms in the 1990's. The dissertation uses the framework of New Institutional Economics to assess the effects on electricity sector performance of both observables elements of reform (i.e. privatization, unbundling, establishment of independent regulatory agencies etc.) as well as the unobservable elements (informal beliefs, habit, norms and culture of the actors involved in reforms). The first part of the dissertation -- econometric analysis of the relationship between observable electricity market reform measures and performance indicators -- finds that for the most part electricity market reforms in South Asia are having a positive impact on the performance of the sector. This is particularly the case for reforms that have increased private sector participation in generation and distribution and have vertically unbundled utilities into generation, transmission and distribution entities. Many of the reforms are positively correlated with higher tariffs, indicating a cost to the consumers from the reforms. The relationship between independent regulation and performance indicators , however, is not established. The second part of the dissertation - analytical narrative of the reform experiences of Gujarat and Nepal -- examines the informal elements (such as beliefs, norms, culture) that motivate behavior and explains how and why reform outcomes differed in these two places. The dissertation finds that the strength of formal institutions rules and the nature of social norms and customs have a significant influence on the outcome of reforms. Aided by the strength of its formal institutional framework and more evolved social norms and customs that encouraged people to follow formal rules, reforms in the Indian state of Gujarat were a success. The weakness of the formal institutional framework and the predominance of relation-based norms and customs in

  17. Robust Decentralized Nonlinear Control for a Twin Rotor MIMO System

    PubMed Central

    Belmonte, Lidia María; Morales, Rafael; Fernández-Caballero, Antonio; Somolinos, José Andrés

    2016-01-01

    This article presents the design of a novel decentralized nonlinear multivariate control scheme for an underactuated, nonlinear and multivariate laboratory helicopter denominated the twin rotor MIMO system (TRMS). The TRMS is characterized by a coupling effect between rotor dynamics and the body of the model, which is due to the action-reaction principle originated in the acceleration and deceleration of the motor-propeller groups. The proposed controller is composed of two nested loops that are utilized to achieve stabilization and precise trajectory tracking tasks for the controlled position of the generalized coordinates of the TRMS. The nonlinear internal loop is used to control the electrical dynamics of the platform, and the nonlinear external loop allows the platform to be perfectly stabilized and positioned in space. Finally, we illustrate the theoretical control developments with a set of experiments in order to verify the effectiveness of the proposed nonlinear decentralized feedback controller, in which a comparative study with other controllers is performed, illustrating the excellent performance of the proposed robust decentralized control scheme in both stabilization and trajectory tracking tasks. PMID:27472338

  18. Robust Decentralized Nonlinear Control for a Twin Rotor MIMO System.

    PubMed

    Belmonte, Lidia María; Morales, Rafael; Fernández-Caballero, Antonio; Somolinos, José Andrés

    2016-07-27

    This article presents the design of a novel decentralized nonlinear multivariate control scheme for an underactuated, nonlinear and multivariate laboratory helicopter denominated the twin rotor MIMO system (TRMS). The TRMS is characterized by a coupling effect between rotor dynamics and the body of the model, which is due to the action-reaction principle originated in the acceleration and deceleration of the motor-propeller groups. The proposed controller is composed of two nested loops that are utilized to achieve stabilization and precise trajectory tracking tasks for the controlled position of the generalized coordinates of the TRMS. The nonlinear internal loop is used to control the electrical dynamics of the platform, and the nonlinear external loop allows the platform to be perfectly stabilized and positioned in space. Finally, we illustrate the theoretical control developments with a set of experiments in order to verify the effectiveness of the proposed nonlinear decentralized feedback controller, in which a comparative study with other controllers is performed, illustrating the excellent performance of the proposed robust decentralized control scheme in both stabilization and trajectory tracking tasks.

  19. United States industrial electric motor systems market opportunities assessment: Executive summary

    SciTech Connect

    None, None

    1998-12-01

    The Market Assessment is designed to be of value to manufacturers, distributors, engineers, and others in the supply channels for motor systems. It provides a detailed and highly differentiated portrait of their end-use markets.

  20. Research on multi-level decision game strategy of electricity sales market considering ETS and block chain

    NASA Astrophysics Data System (ADS)

    Liu, Jinjie

    2017-08-01

    In order to fully consider the impact of future policies and technologies on the electricity sales market, improve the efficiency of electricity market operation, realize the dual goal of power reform and energy saving and emission reduction, this paper uses multi-level decision theory to put forward the double-layer game model under the consideration of ETS and block chain. We set the maximization of electricity sales profit as upper level objective and establish a game strategy model of electricity purchase; while we set maximization of user satisfaction as lower level objective and build a choice behavior model based on customer satisfaction. This paper applies the strategy to the simulation of a sales company's transaction, and makes a horizontal comparison of the same industry competitors as well as a longitudinal comparison of game strategies considering different factors. The results show that Double-layer game model is reasonable and effective, it can significantly improve the efficiency of the electricity sales companies and user satisfaction, while promoting new energy consumption and achieving energy-saving emission reduction.

  1. Summary of Market Opportunities for Electric Vehicles and Dispatchable Load in Electrolyzers

    SciTech Connect

    Denholm, Paul; Eichman, Joshua; Markel, Tony; Ma, Ookie

    2015-05-19

    Electric vehicles (EVs) and electrolyzers are potentially significant sources of new electric loads. Both are flexible in that the amount of electricity consumed can be varied in response to a variety of factors including the cost of electricity. Because both EVs and electrolyzers can control the timing of electricity purchases, they can minimize energy costs by timing the purchases of energy to periods of lowest costs.

  2. Wholesale electricity market design with increasing levels of renewable generation: Revenue sufficiency and long-term reliability

    SciTech Connect

    Milligan, Michael; Frew, Bethany A.; Bloom, Aaron; Ela, Erik; Botterud, Audun; Townsend, Aaron; Levin, Todd

    2016-03-22

    This paper discusses challenges that relate to assessing and properly incentivizing the resources necessary to ensure a reliable electricity system with growing penetrations of variable generation (VG). The output of VG (primarily wind and solar generation) varies over time and cannot be predicted precisely. Therefore, the energy from VG is not always guaranteed to be available at times when it is most needed. This means that its contribution towards resource adequacy can be significantly less than the contribution from traditional resources. Variable renewable resources also have near-zero variable costs, and with production-based subsidies they may even have negative offer costs. Because variable costs drive the spot price of energy, this can lead to reduced prices, sales, and therefore revenue for all resources within the energy market. The characteristics of VG can also result in increased price volatility as well as the need for more flexibility in the resource fleet in order to maintain system reliability. Furthermore, we explore both traditional and evolving electricity market designs in the United States that aim to ensure resource adequacy and sufficient revenues to recover costs when those resources are needed for long-term reliability. We also investigate how reliability needs may be evolving and discuss how VG may affect future electricity market designs.

  3. Wholesale electricity market design with increasing levels of renewable generation: Revenue sufficiency and long-term reliability

    SciTech Connect

    Milligan, Michael; Frew, Bethany A.; Bloom, Aaron; Ela, Erik; Botterud, Audun; Townsend, Aaron; Levin, Todd

    2016-03-01

    This paper discusses challenges that relate to assessing and properly incentivizing the resources necessary to ensure a reliable electricity system with growing penetrations of variable generation (VG). The output of VG (primarily wind and solar generation) varies over time and cannot be predicted precisely. Therefore, the energy from VG is not always guaranteed to be available at times when it is most needed. This means that its contribution towards resource adequacy can be significantly less than the contribution from traditional resources. Variable renewable resources also have near-zero variable costs, and with production-based subsidies they may even have negative offer costs. Because variable costs drive the spot price of energy, this can lead to reduced prices, sales, and therefore revenue for all resources within the energy market. The characteristics of VG can also result in increased price volatility as well as the need for more flexibility in the resource fleet in order to maintain system reliability. We explore both traditional and evolving electricity market designs in the United States that aim to ensure resource adequacy and sufficient revenues to recover costs when those resources are needed for longterm reliability. We also investigate how reliability needs may be evolving and discuss how VG may affect future electricity market designs

  4. Wholesale electricity market design with increasing levels of renewable generation: Revenue sufficiency and long-term reliability

    DOE PAGES

    Milligan, Michael; Frew, Bethany A.; Bloom, Aaron; ...

    2016-03-22

    This paper discusses challenges that relate to assessing and properly incentivizing the resources necessary to ensure a reliable electricity system with growing penetrations of variable generation (VG). The output of VG (primarily wind and solar generation) varies over time and cannot be predicted precisely. Therefore, the energy from VG is not always guaranteed to be available at times when it is most needed. This means that its contribution towards resource adequacy can be significantly less than the contribution from traditional resources. Variable renewable resources also have near-zero variable costs, and with production-based subsidies they may even have negative offer costs.more » Because variable costs drive the spot price of energy, this can lead to reduced prices, sales, and therefore revenue for all resources within the energy market. The characteristics of VG can also result in increased price volatility as well as the need for more flexibility in the resource fleet in order to maintain system reliability. Furthermore, we explore both traditional and evolving electricity market designs in the United States that aim to ensure resource adequacy and sufficient revenues to recover costs when those resources are needed for long-term reliability. We also investigate how reliability needs may be evolving and discuss how VG may affect future electricity market designs.« less

  5. The Australian electricity market's pre-dispatch process: Some observations on its efficiency using ordered probit model

    NASA Astrophysics Data System (ADS)

    Zainudin, Wan Nur Rahini Aznie; Becker, Ralf; Clements, Adam

    2015-12-01

    Many market participants in Australia Electricity Market had cast doubts on whether the pre-dispatch process in the electricity market is able to give them good and timely quantity and price information. In a study by [11], they observed a significant bias (mainly indicating that the pre-dispatch process tends to underestimate spot price outcomes), a seasonality features of the bias across seasons and/or trading periods and changes in bias across the years in our sample period (1999 to 2007). In a formal setting of an ordered probit model we establish that there are some exogenous variables that are able to explain increased probabilities of over- or under-predictions of the spot price. It transpires that meteorological data, expected pre-dispatch prices and information on past over- and under-predictions contribute significantly to explaining variation in the probabilities for over- and under-predictions. The results allow us to conjecture that some of the bids and re-bids provided by electricity generators are not made in good faith.

  6. DOE: Integrating Southwest Power Pool Wind Energy into Southeast Electricity Markets

    SciTech Connect

    Brooks, Daniel, EPRI; Tuohy, Aidan, EPRI; Deb, Sidart, LCG Consulting; Jampani, Srinivas, LCG Consulting; Kirby, Brendan, Consultant; King, Jack, Consultant

    2011-11-29

    Wind power development in the United States is outpacing previous estimates for many regions, particularly those with good wind resources. The pace of wind power deployment may soon outstrip regional capabilities to provide transmission and integration services to achieve the most economic power system operation. Conversely, regions such as the Southeastern United States do not have good wind resources and will have difficulty meeting proposed federal Renewable Portfolio Standards with local supply. There is a growing need to explore innovative solutions for collaborating between regions to achieve the least cost solution for meeting such a renewable energy mandate. The DOE-funded project 'Integrating Southwest Power Pool Wind Energy into Southeast Electricity Markets' aims to evaluate the benefits of coordination of scheduling and balancing for Southwest Power Pool (SPP) wind transfers to Southeastern Electric Reliability Council (SERC) Balancing Authorities (BAs). The primary objective of this project is to analyze the benefits of different balancing approaches with increasing levels of inter-regional cooperation. Scenarios were defined, modeled and investigated to address production variability and uncertainty and the associated balancing of large quantities of wind power in SPP and delivery to energy markets in the southern regions of the SERC. The primary analysis of the project is based on unit commitment (UC) and economic dispatch (ED) simulations of the SPP-SERC regions as modeled for the year 2022. The UC/ED models utilized for the project were developed through extensive consultation with the project utility partners, to ensure the various regions and operational practices are represented as accurately as possible realizing that all such future scenario models are quite uncertain. SPP, Entergy, Oglethorpe Power Company (OPC), Southern Company, and the Tennessee Valley Authority (TVA) actively participated in the project providing input data for the models

  7. Centralization and Decentralization of Large Public School Districts.

    ERIC Educational Resources Information Center

    Ornstein, Allan C.

    1989-01-01

    A ratio comparing the number of administrators in central offices with those outside central offices was used nationwide in 1988 to assess decentralization in large school districts. Sixteen of 62 districts were decentralized. The same survey in 1980 revealed 39 of 65 districts were decentralized. Decentralization is decreasing as an…

  8. Accounting for the effects of power system controllers and stability on power dispatch and electricity market prices

    NASA Astrophysics Data System (ADS)

    Kodsi, Sameh K. M.

    Recently, the widespread use of power system controllers, such as PSS and FACTS controllers, has led to the analysis of their effect on the overall stability of power systems. Many studies have been conducted to allocate FACTS controllers so that they achieve optimal power flow conditions in the context of Optimal Power Flow (OPF) analysis. However, these studies usually do not examine the effect of these controllers on the voltage and angle stability of the entire system, considering that the types of these controllers and their control signals, such as reactive power, current, or voltage, have significant effect on the entire system stability. Due to the recent transition from government controlled to deregulated electricity markets, the relationship between power system controllers and electricity markets has added a new dimension, as the effect of these controllers on the overall power system stability has to be seen from an economic point of view. Studying the effect of adding and tuning these controllers on the pricing of electricity within the context of electricity markets is a significant and novel research area. Specifically, the link among stability, FACTS controllers and electricity pricing should be appropriately studied and modelled. Consequently, in this thesis, the focus is on proposing and describing of a novel OPF technique which includes a new stability constraint. This technique is compared with respect to existent OPF techniques, demonstrating that it provides an appropriate modelling of system controllers, and thus a better understanding of their effects on system stability and energy pricing. The proposed OPF technique offers a new methodology for pricing the dynamic services provided by the system's controllers. Moreover, the new OPF technique can be used to develop a novel tuning methodology for PSS and FACTS controllers to optimize power dispatch and price levels, as guaranteeing an adequate level of system security. All tests and

  9. Markets

    Treesearch

    David N. Wear; Jeffrey Prestemon; Robert Huggett; Douglas Carter

    2013-01-01

    Key FindingsAlthough timber production in the South more than doubled from the 1960s to the late 1990s, output levels have declined over the last 10 years, signaling structural changes in timber markets.For softwood products, production declines are most clearly related to demand issues. Demand for softwood solid wood products...

  10. Decentralized operation of distributed UPS system

    SciTech Connect

    Chandorkar, M.C.; Divan, D.M.

    1995-12-31

    This paper presents the decentralized operation of an interconnected network of multiple units of uninterruptible power supplies (UPS). The main aspect of decentralized operation is that the control of individual UPS units is based on local measurement only, and there is no data communication across the interconnected network. Also, special attention is given to achieving a single operating mode of controller operation, regardless of changes in the network configuration. The main emphasis of this paper is on the implementation of a decentralized control system for an experimental distributed UPS system. Operating results from the distributed system are presented and discussed.

  11. Partially decentralized control for ALSTOM gasifier.

    PubMed

    Tan, Wen; Lou, Guannan; Liang, Luping

    2011-07-01

    The gasifier plays a key role in the operation of the whole IGCC power plant. It is a typical multivariable control system with strict constraints on the inputs and outputs which makes it very difficult to control. This paper presents a partially decentralized controller design method based on the stabilizer idea. The method only requires identifying some closed-loop transfer functions and solving an H(∞) optimization problem. The final partially decentralized controller is easy to implement and test in practice. Two partially decentralized controllers are designed for the ALSTOM gasifier benchmark problem, and simulation results show that they both meet the design specifications.

  12. On l(1): Optimal decentralized performance

    NASA Technical Reports Server (NTRS)

    Sourlas, Dennis; Manousiouthakis, Vasilios

    1993-01-01

    In this paper, the Manousiouthakis parametrization of all decentralized stabilizing controllers is employed in mathematically formulating the l(sup 1) optimal decentralized controller synthesis problem. The resulting optimization problem is infinite dimensional and therefore not directly amenable to computations. It is shown that finite dimensional optimization problems that have value arbitrarily close to the infinite dimensional one can be constructed. Based on this result, an algorithm that solves the l(sup 1) decentralized performance problems is presented. A global optimization approach to the solution of the infinite dimensional approximating problems is also discussed.

  13. The microeconomics of residential photovoltaics: Tariffs, network operation and maintenance, and ancillary services in distribution-level electricity markets

    SciTech Connect

    Boero, Riccardo; Backhaus, Scott N.; Edwards, Brian K.

    2016-11-12

    Here, we develop a microeconomic model of a distribution-level electricity market that takes explicit account of residential photovoltaics (PV) adoption. The model allows us to study the consequences of most tariffs on PV adoption and the consequences of increased residential PV adoption under the assumption of economic sustainability for electric utilities. We also validated the model using U.S. data and extend it to consider different pricing schemes for operation and maintenance costs of the distribution network and for ancillary services. Results show that net metering promotes more environmental benefits and social welfare than other tariffs. But, if costs to operate the distribution network increase, net metering will amplify the unequal distribution of surplus among households. In conclusion, maintaining the economic sustainability of electric utilities under net metering may become extremely difficult unless the uneven distribution of surplus is legitimated by environmental benefits.

  14. The microeconomics of residential photovoltaics: Tariffs, network operation and maintenance, and ancillary services in distribution-level electricity markets

    DOE PAGES

    Boero, Riccardo; Backhaus, Scott N.; Edwards, Brian K.

    2016-11-12

    Here, we develop a microeconomic model of a distribution-level electricity market that takes explicit account of residential photovoltaics (PV) adoption. The model allows us to study the consequences of most tariffs on PV adoption and the consequences of increased residential PV adoption under the assumption of economic sustainability for electric utilities. We also validated the model using U.S. data and extend it to consider different pricing schemes for operation and maintenance costs of the distribution network and for ancillary services. Results show that net metering promotes more environmental benefits and social welfare than other tariffs. But, if costs to operatemore » the distribution network increase, net metering will amplify the unequal distribution of surplus among households. In conclusion, maintaining the economic sustainability of electric utilities under net metering may become extremely difficult unless the uneven distribution of surplus is legitimated by environmental benefits.« less

  15. Impacts of Western Area Power Administration`s power marketing alternatives on retail electricity rates and utility financial viability

    SciTech Connect

    Bodmer, E.; Fisher, R.E.; Hemphill, R.C.

    1995-03-01

    Changes in power contract terms for customers of Western`s Salt Lake City Area Office affect electricity rates for consumers of electric power in Arizona, Colorado, Nevada, New Mexico, Utah, and Wyoming. The impacts of electricity rate changes on consumers are studied by measuring impacts on the rates charged by individual utility systems, determining the average rates in regional areas, and conducting a detailed rate analysis of representative utility systems. The primary focus is an evaluation of the way retail electricity rates for Western`s preference customers vary with alternative pricing and power quantity commitment terms under Western`s long-term contracts to sell power (marketing programs). Retail rate impacts are emphasized because changes in the price of electricity are the most direct economic effect on businesses and residences arising from different Western contractual and operational policies. Retail rates are the mechanism by which changes in cost associated with Western`s contract terms are imposed on ultimate consumers, and rate changes determine the dollar level of payments for electric power incurred by the affected consumers. 41 figs., 9 tabs.

  16. The impact of carbon taxes or allowances on the electric generation market in the Ohio and ECAR region

    SciTech Connect

    Hadley, S.W.

    1998-07-01

    The North American electricity grid is separated into 11 regional reliability councils, collectively called the North American Electric Reliability Council (NERC). The East Central Area Reliability Coordination Agreement (ECAR) is the reliability council that covers Ohio and Indiana, along with parts of Kentucky, Illinois, Maryland, Michigan, Pennsylvania, Virginia, and West Virginia. Ohio and the rest of the ECAR region rely more heavily on coal-fired generation than any other US region. The purpose of this report is to study the effect of carbon reduction policies on the cost and price of generation in the ECAR region, with an emphasis on Ohio. In order to do that, the author modeled the possible electric generation system for the ECAR and Ohio region for the year 2010 using a model developed at Oak Ridge National Laboratory called the Oak Ridge Competitive Electric Dispatch model (ORCED). He let the model optimize the system based on various factors and carbon reduction policies to understand their impact. He then used the electricity prices and assumed demand elasticities to change the demands while also requiring all power plants to be profitable. The author discusses the different potential policies for carbon reduction and issues involving a restructured market; describes the model used for this analysis, the ECAR electricity sector, and the establishment of a base case; and describes the results of applying various carbon emission reduction approaches to the region. 14 figs., 5 tabs.

  17. Electric power grid control using a market-based resource allocation system

    DOEpatents

    Chassin, David P

    2014-01-28

    Disclosed herein are representative embodiments of methods, apparatus, and systems for distributing a resource (such as electricity) using a resource allocation system. In one exemplary embodiment, a plurality of requests for electricity are received from a plurality of end-use consumers. The requests indicate a requested quantity of electricity and a consumer-requested index value indicative of a maximum price a respective end-use consumer will pay for the requested quantity of electricity. A plurality of offers for supplying electricity are received from a plurality of resource suppliers. The offers indicate an offered quantity of electricity and a supplier-requested index value indicative of a minimum price for which a respective supplier will produce the offered quantity of electricity. A dispatched index value is computed at which electricity is to be supplied based at least in part on the consumer-requested index values and the supplier-requested index values.

  18. Electric power grid control using a market-based resource allocation system

    DOEpatents

    Chassin, David P.

    2015-07-21

    Disclosed herein are representative embodiments of methods, apparatus, and systems for distributing a resource (such as electricity) using a resource allocation system. In one exemplary embodiment, a plurality of requests for electricity are received from a plurality of end-use consumers. The requests indicate a requested quantity of electricity and a consumer-requested index value indicative of a maximum price a respective end-use consumer will pay for the requested quantity of electricity. A plurality of offers for supplying electricity are received from a plurality of resource suppliers. The offers indicate an offered quantity of electricity and a supplier-requested index value indicative of a minimum price for which a respective supplier will produce the offered quantity of electricity. A dispatched index value is computed at which electricity is to be supplied based at least in part on the consumer-requested index values and the supplier-requested index values.

  19. Institution-Wide Coordination of Decentralized Computing.

    ERIC Educational Resources Information Center

    Alley, Lee; And Others

    1987-01-01

    The concept of distributed computing is discussed and reasons for coordinating decentralized computing at an institutional level are presented. Ten coordinative actions that an institution might decide upon are offered. (MLW)

  20. Impacts on irrigated agriculture of changes in electricity costs resulting from Western Area Power Administration`s power marketing alternatives

    SciTech Connect

    Edwards, B.K.; Flaim, S.J.; Howitt, R.E.; Palmer, S.C.

    1995-03-01

    Irrigation is a major factor in the growth of US agricultural productivity, especially in western states, which account for more than 85% of the nation`s irrigated acreage. In some of these states, almost all cropland is irrigated, and nearly 50% of the irrigation is done with electrically powered pumps. Therefore, even small increases in the cost of electricity could have a disproportionate impact on irrigated agriculture. This technical memorandum examines the impacts that could result from proposed changes in the power marketing programs of the Western Area Power Administration`s Salt Lake City Area Office. The changes could increase the cost of power to all Western customers, including rural municipalities and irrigation districts that rely on inexpensive federal power to pump water. The impacts are assessed by translating changes in Western`s wholesale power rate into changes in the cost of pumping water as an input for agricultural production. Farmers can adapt to higher electricity prices in many ways, such as (1) using different pumping fuels, (2) adding workers and increasing management to irrigate more efficiently, and (3) growing more drought-tolerant crops. This study projects several responses, including using less groundwater and planting fewer waterintensive crops. The study finds that when dependence on Western`s power is high, the cost of power can have a major effect on energy use, agricultural practices, and the distribution of planted acreage. The biggest percentage changes in farm income would occur (1) in Nevada and Utah (however, all projected changes are less than 2% of the baseline) and (2) under the marketing alternatives that represent the lowest capacity and energy offer considered in Western`s Electric Power Marketing Environmental Impact Statement. The aggregate impact on farm incomes and the value of total farm production would be much smaller than that suggested by the changes in water use and planted acreage.

  1. Generating electricity with wood chips: a promising market for loggers. [Vermont

    SciTech Connect

    Crowe, N.

    1982-01-01

    The Burlington Electric Department in Vermont is on the verge of constructing a 50-megawatt plant fueled with green wood chips. B.E.D. and state foresters have agreed to a code of silvicultural ethics that will dictate absolutely every phase of whole tree chipping involved with procuring the vast amount of fuel. ''The Harvesting Policy for Whole Tree Chipping Operations in Vermont'' mandates that all refuse be removed from the logging site; that hiking trails remain unaffected; that visual impact be minimal; that wild-life, fisheries, and deeryards be considered, with the consultation of a state biologist when necessary; that archeological sites be protected; that remaining trees be safeguarded, and that erosion and fire prevention controls be enacted. Studies completed within the past three years show that there are 29 million green tons of rough and rotten trees within a 50-mile radius of the Burlington plant. A U.S. Forest Service survey has determined that there are 3.6 million green tons of annual unutilized growth within that 50-mile radius. There is enough rough and rotten wood to avoid competition between B.E.D. chippers and small loggers or home owners harvesting firewood. Because the State Public Service Board has mandated that 75% of the chips travel by rail to the plant, the shipping radius will be increased from the 80 trucking miles B.E.D. now pays for. Some of the chips will come from thinning stands on a selective basis and others from clear-cutting for farmland, new developments, or ski trails. Already B.E.D. has 2500 acres in the Tree Farm Family. B.E.D. has published an attractive brochure, aimed at convincing landowners to sign up for the program. Over much of New York and New England there are no markets for chips. Following a recent land-clearing operation in New Hampshire, a logger hauled his chips to B.E.D. B.E.D.'s payment barely covered the trucking costs.

  2. Partially Decentralized Control Architectures for Satellite Formations

    NASA Technical Reports Server (NTRS)

    Carpenter, J. Russell; Bauer, Frank H.

    2002-01-01

    In a partially decentralized control architecture, more than one but less than all nodes have supervisory capability. This paper describes an approach to choosing the number of supervisors in such au architecture, based on a reliability vs. cost trade. It also considers the implications of these results for the design of navigation systems for satellite formations that could be controlled with a partially decentralized architecture. Using an assumed cost model, analytic and simulation-based results indicate that it may be cheaper to achieve a given overall system reliability with a partially decentralized architecture containing only a few supervisors, than with either fully decentralized or purely centralized architectures. Nominally, the subset of supervisors may act as centralized estimation and control nodes for corresponding subsets of the remaining subordinate nodes, and act as decentralized estimation and control peers with respect to each other. However, in the context of partially decentralized satellite formation control, the absolute positions and velocities of each spacecraft are unique, so that correlations which make estimates using only local information suboptimal only occur through common biases and process noise. Covariance and monte-carlo analysis of a simplified system show that this lack of correlation may allow simplification of the local estimators while preserving the global optimality of the maneuvers commanded by the supervisors.

  3. Potentiality Prediction of Electric Power Replacement Based on Power Market Development Strategy

    NASA Astrophysics Data System (ADS)

    Miao, Bo; Yang, Shuo; Liu, Qiang; Lin, Jingyi; Zhao, Le; Liu, Chang; Li, Bin

    2017-05-01

    The application of electric power replacement plays an important role in promoting the development of energy conservation and emission reduction in our country. To exploit the potentiality of regional electric power replacement, the regional GDP (gross domestic product) and energy consumption are taken as potentiality evaluation indicators. The principal component factors are extracted with PCA (principal component analysis), and the integral potentiality analysis is made to the potentiality of electric power replacement in the national various regions; a region is taken as a research object, and the potentiality of electric power replacement is defined and quantified. The analytical model for the potentiality of multi-scenario electric power replacement is developed, and prediction is made to the energy consumption with the grey prediction model. The relevant theoretical research is utilized to realize prediction analysis on the potentiality amount of multi-scenario electric power replacement.

  4. Threshold-Based Random Charging Scheme for Decentralized PEV Charging Operation in a Smart Grid

    PubMed Central

    Kwon, Ojin; Kim, Pilkee; Yoon, Yong-Jin

    2016-01-01

    Smart grids have been introduced to replace conventional power distribution systems without real time monitoring for accommodating the future market penetration of plug-in electric vehicles (PEVs). When a large number of PEVs require simultaneous battery charging, charging coordination techniques have become one of the most critical factors to optimize the PEV charging performance and the conventional distribution system. In this case, considerable computational complexity of a central controller and exchange of real time information among PEVs may occur. To alleviate these problems, a novel threshold-based random charging (TBRC) operation for a decentralized charging system is proposed. Using PEV charging thresholds and random access rates, the PEVs themselves can participate in the charging requests. As PEVs with a high battery state do not transmit the charging requests to the central controller, the complexity of the central controller decreases due to the reduction of the charging requests. In addition, both the charging threshold and the random access rate are statistically calculated based on the average of supply power of the PEV charging system that do not require a real time update. By using the proposed TBRC with a tolerable PEV charging degradation, a 51% reduction of the PEV charging requests is achieved. PMID:28035963

  5. Threshold-Based Random Charging Scheme for Decentralized PEV Charging Operation in a Smart Grid.

    PubMed

    Kwon, Ojin; Kim, Pilkee; Yoon, Yong-Jin

    2016-12-26

    Smart grids have been introduced to replace conventional power distribution systems without real time monitoring for accommodating the future market penetration of plug-in electric vehicles (PEVs). When a large number of PEVs require simultaneous battery charging, charging coordination techniques have become one of the most critical factors to optimize the PEV charging performance and the conventional distribution system. In this case, considerable computational complexity of a central controller and exchange of real time information among PEVs may occur. To alleviate these problems, a novel threshold-based random charging (TBRC) operation for a decentralized charging system is proposed. Using PEV charging thresholds and random access rates, the PEVs themselves can participate in the charging requests. As PEVs with a high battery state do not transmit the charging requests to the central controller, the complexity of the central controller decreases due to the reduction of the charging requests. In addition, both the charging threshold and the random access rate are statistically calculated based on the average of supply power of the PEV charging system that do not require a real time update. By using the proposed TBRC with a tolerable PEV charging degradation, a 51% reduction of the PEV charging requests is achieved.

  6. Customer response to day-ahead wholesale market electricity prices: Case study of RTP program experience in New York

    SciTech Connect

    Goldman, C.; Hopper, N.; Sezgen, O.; Moezzi, M.; Bharvirkar, R.; Neenan, B.; Boisvert, R.; Cappers, P.; Pratt, D.

    2004-07-01

    There is growing interest in policies, programs and tariffs that encourage customer loads to provide demand response (DR) to help discipline wholesale electricity markets. Proposals at the retail level range from eliminating fixed rate tariffs as the default service for some or all customer groups to reinstituting utility-sponsored load management programs with market-based inducements to curtail. Alternative rate designs include time-of-use (TOU), day-ahead real-time pricing (RTP), critical peak pricing, and even pricing usage at real-time market balancing prices. Some Independent System Operators (ISOs) have implemented their own DR programs whereby load curtailment capabilities are treated as a system resource and are paid an equivalent value. The resulting load reductions from these tariffs and programs provide a variety of benefits, including limiting the ability of suppliers to increase spot and long-term market-clearing prices above competitive levels (Neenan et al., 2002; Boren stein, 2002; Ruff, 2002). Unfortunately, there is little information in the public domain to characterize and quantify how customers actually respond to these alternative dynamic pricing schemes. A few empirical studies of large customer RTP response have shown modest results for most customers, with a few very price-responsive customers providing most of the aggregate response (Herriges et al., 1993; Schwarz et al., 2002). However, these studies examined response to voluntary, two-part RTP programs implemented by utilities in states without retail competition.1 Furthermore, the researchers had limited information on customer characteristics so they were unable to identify the drivers to price response. In the absence of a compelling characterization of why customers join RTP programs and how they respond to prices, many initiatives to modernize retail electricity rates seem to be stymied.

  7. A novel coefficient for detecting and quantifying asymmetry of California electricity market based on asymmetric detrended cross-correlation analysis.

    PubMed

    Wang, Fang

    2016-06-01

    In order to detect and quantify asymmetry of two time series, a novel cross-correlation coefficient is proposed based on recent asymmetric detrended cross-correlation analysis (A-DXA), which we called A-DXA coefficient. The A-DXA coefficient, as an important extension of DXA coefficient ρDXA, contains two directional asymmetric cross-correlated indexes, describing upwards and downwards asymmetric cross-correlations, respectively. By using the information of directional covariance function of two time series and directional variance function of each series itself instead of power-law between the covariance function and time scale, the proposed A-DXA coefficient can well detect asymmetry between the two series no matter whether the cross-correlation is significant or not. By means of the proposed A-DXA coefficient conducted over the asymmetry for California electricity market, we found that the asymmetry between the prices and loads is not significant for daily average data in 1999 yr market (before electricity crisis) but extremely significant for those in 2000 yr market (during the crisis). To further uncover the difference of asymmetry between the years 1999 and 2000, a modified H statistic (MH) and ΔMH statistic are proposed. One of the present contributions is that the high MH values calculated for hourly data exist in majority months in 2000 market. Another important conclusion is that the cross-correlation with downwards dominates over the whole 1999 yr in contrast to the cross-correlation with upwards dominates over the 2000 yr.

  8. A novel coefficient for detecting and quantifying asymmetry of California electricity market based on asymmetric detrended cross-correlation analysis

    NASA Astrophysics Data System (ADS)

    Wang, Fang

    2016-06-01

    In order to detect and quantify asymmetry of two time series, a novel cross-correlation coefficient is proposed based on recent asymmetric detrended cross-correlation analysis (A-DXA), which we called A-DXA coefficient. The A-DXA coefficient, as an important extension of DXA coefficient ρ D X A , contains two directional asymmetric cross-correlated indexes, describing upwards and downwards asymmetric cross-correlations, respectively. By using the information of directional covariance function of two time series and directional variance function of each series itself instead of power-law between the covariance function and time scale, the proposed A-DXA coefficient can well detect asymmetry between the two series no matter whether the cross-correlation is significant or not. By means of the proposed A-DXA coefficient conducted over the asymmetry for California electricity market, we found that the asymmetry between the prices and loads is not significant for daily average data in 1999 yr market (before electricity crisis) but extremely significant for those in 2000 yr market (during the crisis). To further uncover the difference of asymmetry between the years 1999 and 2000, a modified H statistic (MH) and ΔMH statistic are proposed. One of the present contributions is that the high MH values calculated for hourly data exist in majority months in 2000 market. Another important conclusion is that the cross-correlation with downwards dominates over the whole 1999 yr in contrast to the cross-correlation with upwards dominates over the 2000 yr.

  9. Adoption of Emissions Abating Technologies by U.S. Electricity Producing Firms Under the SO2 Emission Allowance Market

    NASA Astrophysics Data System (ADS)

    Creamer, Gregorio Bernardo

    The objective of this research is to determine the adaptation strategies that coal-based, electricity producing firms in the United States utilize to comply with the emission control regulations imposed by the SO2 Emissions Allowance Market created by the Clean Air Act Amendment of 1990, and the effect of market conditions on the decision making process. In particular, I take into consideration (1) the existence of carbon contracts for the provision of coal that may a affect coal prices at the plant level, and (2) local and geographical conditions, as well as political arrangements that may encourage firms to adopt strategies that appear socially less efficient. As the electricity producing sector is a regulated sector, firms do not necessarily behave in a way that maximizes the welfare of society when reacting to environmental regulations. In other words, profit maximization actions taken by the firm do not necessarily translate into utility maximization for society. Therefore, the environmental regulator has to direct firms into adopting strategies that are socially efficient, i.e., that maximize utility. The SO 2 permit market is an instrument that allows each firm to reduce marginal emissions abatement costs according to their own production conditions and abatement costs. Companies will be driven to opt for a cost-minimizing emissions abatement strategy or a combination of abatement strategies when adapting to new environmental regulations or markets. Firms may adopt one or more of the following strategies to reduce abatement costs while meeting the emission constraints imposed by the SO2 Emissions Allowance Market: (1) continue with business as usual on the production site while buying SO2 permits to comply with environmental regulations, (2) switch to higher quality, lower sulfur coal inputs that will generate less SO2 emissions, or (3) adopting new emissions abating technologies. A utility optimization condition is that the marginal value of each input

  10. On the Efficiency of the New York Independent System OperatorMarket for Transmission Congestion Contracts

    SciTech Connect

    Siddiqui, Afzal S.; Bartholomew, Emily S.; Marnay, Chris; Oren,Shmuel S.

    2003-04-01

    The physical nature of electricity generation and deliverycreates special problems for the design of efficient markets, notably theneed to manage delivery in real time and the volatile congestion andassociated costs that result. Proposals for the operation of thederegulated electricity industry tend towards one of two paradigms:centralized and decentralized. Transmission congestion management can beimplemented in the more centralized point-to-point approach, a in NewYork state, where derivative transmission congestion contracts (TCCs) aretraded, or in the more decentralized flowgate-based approach. While it iswidely accepted that theoretically TCCs have attractive properties ashedging instruments against congestion cost uncertainty, whetherefficient markets for them can be established in practice has beenquestioned. Based on an empirical analysis of publicly available datafrom years 2000 and 2001, it appears that New York TCCs providedmarketparticipants with a potentially effective hedge against volatilecongestion rents. However, the prices paid for TCCs systematicallydiverged from the resulting congestion rents for distant locations and athigh prices. The price paid for the hedge not being in line with thecongestion rents, i.e. unreasonably high risk premiums are being paid,suggests an inefficient market. The low liquidity of TCC markets and thedeviation of TCC feasibility requirements from actual energy flows arepossible explanations.

  11. Integrating Variable Renewable Energy in Electric Power Markets: Best Practices from International Experience (Fact Sheet)

    SciTech Connect

    Not Available

    2014-10-01

    Many countries--reflecting very different geographies, markets, and power systems--are successfully managing high levels of variable renewable energy (RE) on the grid. Australia (South Australia), Denmark, Germany, Ireland, Spain, and the United States (Colorado and Texas), for example, have effectively integrated variable RE utilizing diverse approaches. Analysis of the results from these case studies reveals a wide range of mechanisms that can be used to accommodate high penetrations of variable RE (e.g., from new market designs to centralized planning). Nevertheless, the myriad approaches collectively suggest that governments can best enable variable RE grid integration by implementing best practices in five areas of intervention: lead public engagement, particularly for new transmission; coordinate and integrate planning; develop rules for market evolution that enable system flexibility; expand access to diverse resources and geographic footprint of operations; and improve system operations.

  12. The Direct Results of Integrated Marketing

    ERIC Educational Resources Information Center

    Sevier, Robert A.

    2004-01-01

    Discussions among college and university administrators on improving marketing efforts often revolve around questions about whether the marketing function should be centralized or decentralized. An impetus of these discussions is the increased marketing sophistication of many boards. Many trustees are strongly urging their institutions to apply…

  13. The Direct Results of Integrated Marketing

    ERIC Educational Resources Information Center

    Sevier, Robert A.

    2004-01-01

    Discussions among college and university administrators on improving marketing efforts often revolve around questions about whether the marketing function should be centralized or decentralized. An impetus of these discussions is the increased marketing sophistication of many boards. Many trustees are strongly urging their institutions to apply…

  14. Environmental Externalities in Electric Power Markets: Acid Rain, Urban Ozone, and Climate Change

    EIA Publications

    1995-01-01

    This article discusses the emissions resulting from the generation of electricity by utilities and their role in contributing to the environmental problems of acid rain, urban ozone, and climate change.

  15. Electricity Markets: Actions Needed to Expand GSA and DOD Participation in Demand-Response Activities

    DTIC Science & Technology

    2014-07-01

    consumes about 60 watts, and a comparable compact fluorescent light bulb consumes approximately 15 watts. In fiscal year 2012, DOD installations...enrollment in programs offered by utilities and retail electricity providers, “demand-response aggregators ”—private companies that combine the demand...time. Demand-response aggregators typically enroll multiple electricity consumers in demand-response programs that otherwise would only be open to

  16. Salt Lake City Area Integrated Projects Electric Power Marketing. Draft environmental impact statement: Volume 2, Sections 1-16

    SciTech Connect

    Not Available

    1994-02-01

    The Salt Lake City Area Office of the Western Area Power Administration (Western) markets electricity produced at hydroelectric facilities operated by the Bureau of Reclamation. The facilities are known collectively as the Salt Lake City Area Integrated Projects (SLCA/IP) and include dams equipped for power generation on the Green, Gunnison, Rio Grande, and Colorado rivers and on Deer and Plateau creeks in the states of Wyoming, Utah, Colorado, Arizona, and New Mexico. Of these facilities, only the Glen Canyon Unit, the Flaming Gorge Unit, and the Aspinall Unit (which includes Blue Mesa, Morrow Point, and Crystal dams;) are influenced by Western power scheduling and transmission decisions. The EIS alternatives, called commitment-level alternatives, reflect combinations of capacity and energy that would feasibly and reasonably fulfill Westerns firm power marketing responsibilities, needs, and statutory obligations. The viability of these alternatives relates directly to the combination of generation capability of the SLCA/IP with energy purchases and interchange. The economic and natural resource assessments in this environmental impact statement (EIS) include an analysis of commitment-level alternatives. Impacts of the no-action alternative are also assessed. Supply options, which include combinations of electrical power purchases and hydropower operational scenarios reflecting different operations of the dams, are also assessed. The EIS evaluates the impacts of these scenarios relative to socioeconomics, air resources, water resources, ecological resources, cultural resources, land use, recreation, and visual resources.

  17. Salt Lake City Area Integrated Projects Electric Power Marketing. Draft environmental impact statement: Volume 3, Appendix A

    SciTech Connect

    Not Available

    1994-02-01

    The Salt Lake City Area Office of the Western Area Power Administration (Western) markets electricity produced at hydroelectric facilities operated by the Bureau of Reclamation. The facilities are known collectively as the Salt Lake City Area Integrated Projects (SLCA/IP) and include dams equipped for power generation on the Green, Gunnison, Rio Grande, and Colorado rivers and on Deer and Plateau creeks in the states of Wyoming, Utah, Colorado, Arizona, and New Mexico. Of these facilities, only the Glen Canyon Unit, the Flaming Gorge Unit, and the Aspinall Unit (which includes Blue Mesa, Morrow Point, and Crystal dams;) are influenced by Western power scheduling and transmission decisions. The EIS alternatives, called commitment-level alternatives, reflect combinations of capacity and energy that would feasibly and reasonably fulfill Westerns firm power marketing responsibilities, needs, and statutory obligations. The viability of these alternatives relates directly to the combination of generation capability of the SLCA/IP with energy purchases and interchange. The economic and natural resource assessments in this environmental impact statement (EIS) include an analysis of commitment-level alternatives. Impacts of the no-action alternative are also assessed. Supply options, which include combinations of electrical power purchases and hydropower operational scenarios reflecting different operations of the dams, are also assessed. The EIS evaluates the impacts of these scenarios relative to socioeconomics, air resources, water resources, ecological resources, cultural resources, land use, recreation, and visual resources.

  18. Salt Lake City Area Integrated Projects Electric Power Marketing. Draft environmental impact statement: Volume 4, Appendixes B-D

    SciTech Connect

    Not Available

    1994-02-01

    The Salt Lake City Area Office of the Western Area Power Administration (Western) markets electricity produced at hydroelectric facilities operated by the Bureau of Reclamation. The facilities are known collectively as the Salt Lake City Area Integrated Projects (SLCA/IP) and include dams equipped for power generation on the Green, Gunnison, Rio Grande, and Colorado rivers and on Deer and Plateau creeks in the states of Wyoming, Utah, Colorado, Arizona, and New Mexico. Of these facilities, only the Glen Canyon Unit, the Flaming Gorge Unit, and the Aspinall Unit (which includes Blue Mesa, Morrow Point, and Crystal dams;) are influenced by Western power scheduling and transmission decisions. The EIS alternatives, called commitment-level alternatives, reflect combinations of capacity and energy that would feasibly and reasonably fulfill Westerns firm power marketing responsibilities, needs, and statutory obligations. The viability of these alternatives relates directly to the combination of generation capability of the SLCA/IP with energy purchases and interchange. The economic and natural resource assessments in this environmental impact statement (EIS) include an analysis of commitment-level alternatives. Impacts of the no-action alternative are also assessed. Supply options, which include combinations of electrical power purchases and hydropower operational scenarios reflecting different operations of the dams, are also assessed. The EIS evaluates the impacts of these scenarios relative to socioeconomics, air resources, water resources, ecological resources, cultural resources, land use, recreation, and visual resources.

  19. EPRI Electric GSE Market Penetration Issues Round Table Proceedings: March 2001

    SciTech Connect

    2001-08-01

    In March 2001, EPRI sponsored a meeting to discuss the electric ground support equipment (GSE) industry. Participants included vehicle and component manufacturers, electric GSE users, and electric utilities. The main objective of this meeting was to identify and address key issues surrounding the development and deployment of electric GSEs. An action plan was formulated to address the key issues identified. Papers included in these proceedings cover the following topics: (1) John Wayne Airport GSE Experience; (2) SAE AGE-2C: Ramp Electrification for GSE; (3) Southern California Edison: A Clean Air Partnership [with John Wayne Airport]; (4) Portable Data Acquisition Unit for GSE; (5) Georgia Power: Fast Charging at Hartsfield Airport; (6) Commonwealth Edison: O'Hare's Federal Aviation Administration (FAA) Inherently Low Emission Airport Vehicle (ILEAV) Program Update; (7) Southwest Airlines' Electric GSE Activities; (8) AeroVironment's Fast Charging System; (9) Electric Transportation Engineering Corporation's ( ETEC's) Fast Charging System; (10) Battery Maintenance Issues; (11) GSE Connector Standardization and Underwriters Laboratories, Inc. (UL) Standards; (12) GSE Interoperability; and (13) California Air Resources Board (CARB): Regulatory Issues

  20. Strategies of Educational Decentralization: Key Questions and Core Issues.

    ERIC Educational Resources Information Center

    Hanson, E. Mark

    1998-01-01

    Explains key issues and forces that shape organization and management strategies of educational decentralization, using examples from Colombia, Venezuela, Argentina, Nicaragua, and Spain. Core decentralization issues include national and regional goals, planning, political stress, resource distribution, infrastructure development, and job…

  1. Strategies of Educational Decentralization: Key Questions and Core Issues.

    ERIC Educational Resources Information Center

    Hanson, E. Mark

    1998-01-01

    Explains key issues and forces that shape organization and management strategies of educational decentralization, using examples from Colombia, Venezuela, Argentina, Nicaragua, and Spain. Core decentralization issues include national and regional goals, planning, political stress, resource distribution, infrastructure development, and job…

  2. Improve consensus via decentralized predictive mechanisms

    NASA Astrophysics Data System (ADS)

    Zhang, H.-T.; Chen, M. Z. Q.; Zhou, T.

    2009-05-01

    For biogroups and groups of self-driven agents, making decisions often depends on interactions among group members. In this paper, we seek to understand the fundamental predictive mechanisms used by group members in order to perform such coordinated behaviors. In particular, we show that the future dynamics of each node in the network can be predicted solely using local information provided by its neighbors. Using this predicted future dynamics information, we propose a decentralized predictive consensus protocol, which yields drastic improvements in terms of both consensus speed and internal communication cost. In natural science, this study provides an evidence for the idea that some decentralized predictive mechanisms may exist in widely-spread biological swarms/flocks. From the industrial point of view, incorporation of a decentralized predictive mechanism allows for not only a significant increase in the speed of convergence towards consensus but also a reduction in the communication energy required to achieve a predefined consensus performance.

  3. Transition-Independent Decentralized Markov Decision Processes

    NASA Technical Reports Server (NTRS)

    Becker, Raphen; Silberstein, Shlomo; Lesser, Victor; Goldman, Claudia V.; Morris, Robert (Technical Monitor)

    2003-01-01

    There has been substantial progress with formal models for sequential decision making by individual agents using the Markov decision process (MDP). However, similar treatment of multi-agent systems is lacking. A recent complexity result, showing that solving decentralized MDPs is NEXP-hard, provides a partial explanation. To overcome this complexity barrier, we identify a general class of transition-independent decentralized MDPs that is widely applicable. The class consists of independent collaborating agents that are tied up by a global reward function that depends on both of their histories. We present a novel algorithm for solving this class of problems and examine its properties. The result is the first effective technique to solve optimally a class of decentralized MDPs. This lays the foundation for further work in this area on both exact and approximate solutions.

  4. Decentralized and Tactical Air Traffic Flow Management

    NASA Technical Reports Server (NTRS)

    Odoni, Amedeo R.; Bertsimas, Dimitris

    1997-01-01

    This project dealt with the following topics: 1. Review and description of the existing air traffic flow management system (ATFM) and identification of aspects with potential for improvement. 2. Identification and review of existing models and simulations dealing with all system segments (enroute, terminal area, ground) 3. Formulation of concepts for overall decentralization of the ATFM system, ranging from moderate decentralization to full decentralization 4. Specification of the modifications to the ATFM system required to accommodate each of the alternative concepts. 5. Identification of issues that need to be addressed with regard to: determination of the way the ATFM system would be operating; types of flow management strategies that would be used; and estimation of the effectiveness of ATFM with regard to reducing delay and re-routing costs. 6. Concept evaluation through identification of criteria and methodologies for accommodating the interests of stakeholders and of approaches to optimization of operational procedures for all segments of the ATFM system.

  5. Lead-acid and lithium-ion batteries for the Chinese electric bike market and implications on future technology advancement

    NASA Astrophysics Data System (ADS)

    Weinert, Jonathan X.; Burke, Andrew F.; Wei, Xuezhe

    China has been experiencing a rapid increase in battery-powered personal transportation since the late 1990s due to the strong growth of the electric bike and scooter (i.e. e-bike) market. Annual sales in China reached 17 million bikes year -1 in 2006. E-bike growth has been in part due to improvements in rechargeable valve-regulated lead-acid (VRLA) battery technology, the primary battery type for e-bikes. Further improvements in technology and a transition from VRLA to lithium-ion (Li-ion) batteries will impact the future market growth of this transportation mode in China and abroad. Battery performance and cost for these two types are compared to assess the feasibility of a shift from VRLA to Li-ion battery e-bikes. The requirements for batteries used in e-bikes are assessed. A widespread shift from VRLA to Li-ion batteries seems improbable in the near future for the mass market given the cost premium relative to the performance advantages of Li-ion batteries. As both battery technologies gain more real-world use in e-bike applications, both will improve. Cell variability is a key problematic area to be addressed with VRLA technology. For Li-ion technology, safety and cost are the key problem areas which are being addressed through the use of new cathode materials.

  6. An implementation of particle swarm optimization to evaluate optimal under-voltage load shedding in competitive electricity markets

    NASA Astrophysics Data System (ADS)

    Hosseini-Bioki, M. M.; Rashidinejad, M.; Abdollahi, A.

    2013-11-01

    Load shedding is a crucial issue in power systems especially under restructured electricity environment. Market-driven load shedding in reregulated power systems associated with security as well as reliability is investigated in this paper. A technoeconomic multi-objective function is introduced to reveal an optimal load shedding scheme considering maximum social welfare. The proposed optimization problem includes maximum GENCOs and loads' profits as well as maximum loadability limit under normal and contingency conditions. Particle swarm optimization (PSO) as a heuristic optimization technique, is utilized to find an optimal load shedding scheme. In a market-driven structure, generators offer their bidding blocks while the dispatchable loads will bid their price-responsive demands. An independent system operator (ISO) derives a market clearing price (MCP) while rescheduling the amount of generating power in both pre-contingency and post-contingency conditions. The proposed methodology is developed on a 3-bus system and then is applied to a modified IEEE 30-bus test system. The obtained results show the effectiveness of the proposed methodology in implementing the optimal load shedding satisfying social welfare by maintaining voltage stability margin (VSM) through technoeconomic analyses.

  7. Consumer cost effectiveness of CO2 mitigation policies in restructured electricity markets

    NASA Astrophysics Data System (ADS)

    Moore, Jared; Apt, Jay

    2014-10-01

    We examine the cost of carbon dioxide mitigation to consumers in restructured USA markets under two policy instruments, a carbon price and a renewable portfolio standard (RPS). To estimate the effect of policies on market clearing prices, we constructed hourly economic dispatch models of the generators in PJM and in ERCOT. We find that the cost effectiveness of policies for consumers is strongly dependent on the price of natural gas and on the characteristics of the generators in the dispatch stack. If gas prices are low (˜4/MMBTU), a technology-agnostic, rational consumer seeking to minimize costs would prefer a carbon price over an RPS in both regions. Expensive gas (˜7/MMBTU) requires a high carbon price to induce fuel switching and this leads to wealth transfers from consumers to low carbon producers. The RPS may be more cost effective for consumers because the added energy supply lowers market clearing prices and reduces CO2 emissions. We find that both policies have consequences in capacity markets and that the RPS can be more cost effective than a carbon price under certain circumstances: continued excess supply of capacity, retention of nuclear generators, and high natural gas prices.

  8. Decentralized Multisensory Information Integration in Neural Systems

    PubMed Central

    Zhang, Wen-hao; Chen, Aihua

    2016-01-01

    How multiple sensory cues are integrated in neural circuitry remains a challenge. The common hypothesis is that information integration might be accomplished in a dedicated multisensory integration area receiving feedforward inputs from the modalities. However, recent experimental evidence suggests that it is not a single multisensory brain area, but rather many multisensory brain areas that are simultaneously involved in the integration of information. Why many mutually connected areas should be needed for information integration is puzzling. Here, we investigated theoretically how information integration could be achieved in a distributed fashion within a network of interconnected multisensory areas. Using biologically realistic neural network models, we developed a decentralized information integration system that comprises multiple interconnected integration areas. Studying an example of combining visual and vestibular cues to infer heading direction, we show that such a decentralized system is in good agreement with anatomical evidence and experimental observations. In particular, we show that this decentralized system can integrate information optimally. The decentralized system predicts that optimally integrated information should emerge locally from the dynamics of the communication between brain areas and sheds new light on the interpretation of the connectivity between multisensory brain areas. SIGNIFICANCE STATEMENT To extract information reliably from ambiguous environments, the brain integrates multiple sensory cues, which provide different aspects of information about the same entity of interest. Here, we propose a decentralized architecture for multisensory integration. In such a system, no processor is in the center of the network topology and information integration is achieved in a distributed manner through reciprocally connected local processors. Through studying the inference of heading direction with visual and vestibular cues, we show that

  9. The optical axis optimization in measurement of decentration of lens

    NASA Astrophysics Data System (ADS)

    Wang, Yajing; Yang, Lin; Wang, Chunyu

    2013-09-01

    Measure of optical decentration plays an important role in inspection, installation and adjustment of optical system. This article describes optical measurement principle of decentration, analyzes the reason of the decentration measurement accuracy, and indicates the necessity of optimizing the optical axis. Finally, because of the error of the decentration optical axis fitting. A new method of optical axis optimization is put forward here. A mathematical model to find the best optical axis is established, which improved the optical performance of the system.

  10. (Rural electrification: Grid extension, decentralization, and financing)

    SciTech Connect

    Perlack, R.D.

    1990-02-22

    H.G. (Mike) Jones and I had numerous meetings with EEGSA staff. We discussed rural electrification plans, reviewed documents, and collaborated on collecting information on decentralized energy alternatives. Meetings were also held with USAID/Guatemala, USAID/ROCAP, NRECA, MEM, PVOs, and equipment vendors. A preliminary draft report and spreadsheet for comparing decentralized power alternatives was completed. The report and findings were presented to EEGSA and the methodology transferred to EEGSA staff. A set of recommended followup activities was also presented to EEGSA.

  11. Consortium of institutes for decentralized wastewater treatment

    SciTech Connect

    Loomis, G.W.

    1998-07-01

    The Consortium of Institutes for Decentralized Wastewater Treatment is a group of thirteen (and expanding) North American colleges and universities that formed with the goal of helping to protect public health and maintain a sustainable environment. To accomplish this goal, academicians work closely with private sector partners from industry, manufacturing, consulting, regulatory agencies, and citizen/community groups to transfer research-based information into education and training programs for decentralized wastewater treatment. This document will focus on the mission, organizational structure, and recent grant activities of the Consortium.

  12. Decentralized digital adaptive control of robot motion

    NASA Technical Reports Server (NTRS)

    Tarokh, M.

    1990-01-01

    A decentralized model reference adaptive scheme is developed for digital control of robot manipulators. The adaptation laws are derived using hyperstability theory, which guarantees asymptotic trajectory tracking despite gross robot parameter variations. The control scheme has a decentralized structure in the sense that each local controller receives only its joint angle measurement to produce its joint torque. The independent joint controllers have simple structures and can be programmed using a very simple and computationally fast algorithm. As a result, the scheme is suitable for real-time motion control.

  13. Decentralization of Government Agencies: What Does It Accomplish?

    ERIC Educational Resources Information Center

    Yin, Robert K.

    1979-01-01

    Focuses on the decentralization of governmental agencies from the perspective of both municipal and federal experiences. The article first discusses the main lessons from municipal decentralization, then outlines the characteristics of recent federal initiatives, and concludes with comments on the likely effects of decentralization. (Author)

  14. Strategic Planning in a Decentralized Environment: The Death of Linearity.

    ERIC Educational Resources Information Center

    Levin, Bernard H.; And Others

    Although private industry has been decentralizing for the past decade, community colleges have been slow to follow. For those colleges that have decentralized, traditional structured planning methodologies do not apply. The focus of strategic planning efforts at decentralized institutions is on the development of strategic themes to which…

  15. Educational Decentralization, Public Spending, and Social Justice in Nigeria

    ERIC Educational Resources Information Center

    Geo-Jaja, Macleans A.

    2006-01-01

    This study situates the process of educational decentralization in the narrower context of social justice. Its main object, however, is to analyze the implications of decentralization for strategies of equity and social justice in Nigeria. It starts from the premise that the early optimism that supported decentralization as an efficient and…

  16. Comparative Perspectives on Educational Decentralization: An Exercise in Contradiction?

    ERIC Educational Resources Information Center

    Weiler, Hans N.

    1990-01-01

    It is argued that policies decentralizing the governance of educational systems, although appealing in the abstract, tend to be fundamentally ambivalent and in conflict with powerful forces favoring centralization. Tensions surrounding the issue of decentralization are discussed, with emphasis on the relationship between decentralization and…

  17. Multi-period equilibrium/near-equilibrium in electricity markets based on locational marginal prices

    NASA Astrophysics Data System (ADS)

    Garcia Bertrand, Raquel

    In this dissertation we propose an equilibrium procedure that coordinates the point of view of every market agent resulting in an equilibrium that simultaneously maximizes the independent objective of every market agent and satisfies network constraints. Therefore, the activities of the generating companies, consumers and an independent system operator are modeled: (1) The generating companies seek to maximize profits by specifying hourly step functions of productions and minimum selling prices, and bounds on productions. (2) The goals of the consumers are to maximize their economic utilities by specifying hourly step functions of demands and maximum buying prices, and bounds on demands. (3) The independent system operator then clears the market taking into account consistency conditions as well as capacity and line losses so as to achieve maximum social welfare. Then, we approach this equilibrium problem using complementarity theory in order to have the capability of imposing constraints on dual variables, i.e., on prices, such as minimum profit conditions for the generating units or maximum cost conditions for the consumers. In this way, given the form of the individual optimization problems, the Karush-Kuhn-Tucker conditions for the generating companies, the consumers and the independent system operator are both necessary and sufficient. The simultaneous solution to all these conditions constitutes a mixed linear complementarity problem. We include minimum profit constraints imposed by the units in the market equilibrium model. These constraints are added as additional constraints to the equivalent quadratic programming problem of the mixed linear complementarity problem previously described. For the sake of clarity, the proposed equilibrium or near-equilibrium is first developed for the particular case considering only one time period. Afterwards, we consider an equilibrium or near-equilibrium applied to a multi-period framework. This model embodies binary

  18. Evaluation of the Impact of Wind Generation on the Electricity Market Prices and on the Profitability of New Wind Investments

    NASA Astrophysics Data System (ADS)

    Pereira, A. J.; Saraiva, J. T.

    2012-10-01

    This paper describes a Dynamic Model of the electricity sector that can be used to simulate the evolution of some key variables on the long term, namely the evolution of the electricity price, of the demand and of the capacity factors of the technologies in the generation mix. This model can be used in different ways and by several agents, for instance to estimate the impact on the electricity price of the increasing presence of renewable power stations, namely using wind power and PV systems. In several countries these stations are paid feed-in tariffs with a fixed price but in some cases this scheme is under discussion and there are opinions that payments determined by the market price are more adequate and would bring fewer costs to final consumers. Such a change has to be carefully evaluated given that the presence of renewable stations bidding at an infra marginal price will affect the price itself. The model described in this paper can be used in a profitable way both by governmental agencies when preparing or studying alternative remuneration schemes to renewable stations or by promoters themselves to get more insight to the profitability of their investments, namely if the fixed feed-in tariffs in force in several countries are changed.

  19. Regional economic impacts of changes in electricity rates resulting from Western Area Power Administration`s power marketing alternatives

    SciTech Connect

    Allison, T.; Griffes, P.; Edwards, B.K.

    1995-03-01

    This technical memorandum describes an analysis of regional economic impacts resulting from changes in retail electricity rates due to six power marketing programs proposed by Western Area Power Administration (Western). Regional economic impacts of changes in rates are estimated in terms of five key regional economic variables: population, gross regional product, disposable income, employment, and household income. The REMI (Regional Impact Models, Inc.) and IMPLAN (Impact Analysis for Planning) models simulate economic impacts in nine subregions in the area in which Western power is sold for the years 1993, 2000, and 2008. Estimates show that impacts on aggregate economic activity in any of the subregions or years would be minimal for three reasons. First, the utilities that buy power from Western sell only a relatively small proportion of the total electricity sold in any of the subregions. Second, reliance of Western customers on Western power is fairly low in each subregion. Finally, electricity is not a significant input cost for any industry or for households in any subregion.

  20. Electric vehicle (EV) storage supply chain risk and the energy market: A micro and macroeconomic risk management approach

    NASA Astrophysics Data System (ADS)

    Aguilar, Susanna D.

    As a cost effective storage technology for renewable energy sources, Electric Vehicles can be integrated into energy grids. Integration must be optimized to ascertain that renewable energy is available through storage when demand exists so that cost of electricity is minimized. Optimization models can address economic risks associated with the EV supply chain- particularly the volatility in availability and cost of critical materials used in the manufacturing of EV motors and batteries. Supply chain risk can reflect itself in a shortage of storage, which can increase the price of electricity. We propose a micro-and macroeconomic framework for managing supply chain risk through utilization of a cost optimization model in combination with risk management strategies at the microeconomic and macroeconomic level. The study demonstrates how risk from the EVs vehicle critical material supply chain affects manufacturers, smart grid performance, and energy markets qualitatively and quantitatively. Our results illustrate how risk in the EV supply chain affects EV availability and the cost of ancillary services, and how EV critical material supply chain risk can be mitigated through managerial strategies and policy.

  1. Preliminary Assessment of Plug-in Hybrid Electric Vehicles on Wind Energy Markets

    SciTech Connect

    Short, W.; Denholm, P.

    2006-04-01

    This report examines a measure that may potentially reduce oil use and also more than proportionately reduce carbon emissions from vehicles. The authors present a very preliminary analysis of plug-in hybrid electric vehicles (PHEVs) that can be charged from or discharged to the grid. These vehicles have the potential to reduce gasoline consumption and carbon emissions from vehicles, as well as improve the viability of renewable energy technologies with variable resource availability. This paper is an assessment of the synergisms between plug-in hybrid electric vehicles and wind energy. The authors examine two bounding cases that illuminate this potential synergism.

  2. Electricity

    SciTech Connect

    Sims, B.

    1983-01-01

    Historical aspects of electricity are reviewed with individual articles on hydroelectric dams, coal-burning power plants, nuclear power plants, electricity distribution, and the energy future. A glossary is included. (PSB)

  3. Two essays on electricity markets: Entry into hydroelectric generation industry and the political cycle of regulated prices

    NASA Astrophysics Data System (ADS)

    Moita, Rodrigo Menon Simoes

    This dissertation is about the electricity industry and the problems that arise with the liberalization and de-regulation of the industry. Characteristics intrinsic to the electricity market create problems that can compromise an efficient functioning of this market. Each of the two chapters of this dissertation focus on a specific aspect of this industry. The first chapter analyzes entry in the hydroelectric generation industry. The operation of a generator upstream regularizes the river flow for generators located downstream on the same river, increasing the production capacity of the latter. This positive externality increases the attractiveness of the locations downstream whenever a generator decides to enter upstream. Therefore, the entry decision of a generator in a given location may affect all entry decisions in potential locations for plants located downstream. I first model the problem of generators located in cascade on the same river and show the positive effect of the externality. Second, I use a panel of data on investment decisions of hydro-generation firms to estimate an entry model that takes into account the effect of the externality generated by entry upriver. The results show a positive incentive to locate downstream from existing plants and from locations where entry is likely to occur. Location characteristics also play an important role on the entrants' decisions. The model provides estimates of the average expected market price across the different years covered by the sample and shows that it rose one year before the energy crisis of 2001, evidencing that the market anticipated the crisis. This result has important implications on the evaluation of the Brazilian market design. It shows that entry responded to a rise in expectations about excess demand in the future, contradicting the argument that the crisis was a consequence of mis-designed market institutions. The second chapter deals with the problem of the political cycle in regulated

  4. Short-term load forecasting using generalized regression and probabilistic neural networks in the electricity market

    SciTech Connect

    Tripathi, M.M.; Upadhyay, K.G.; Singh, S.N.

    2008-11-15

    For the economic and secure operation of power systems, a precise short-term load forecasting technique is essential. Modern load forecasting techniques - especially artificial neural network methods - are particularly attractive, as they have the ability to handle the non-linear relationships between load, weather temperature, and the factors affecting them directly. A test of two different ANN models on data from Australia's Victoria market is promising. (author)

  5. The Politics of Privatization and Decentralization in Global School Reform: The Value of Equity Claims for Neoliberalism at the World Bank and in El Salvador.

    ERIC Educational Resources Information Center

    Desmond, Cheryl

    This paper focuses on the role of the World Bank and its subsidiaries in promoting the neoliberal educational reforms of privatization and decentralization globally and in El Salvador. Neoliberalism is first defined as a sociopolitical philosophy that supports concepts such as the free market, market-driven education, and the use of a voucher…

  6. Wholesale Electricity Market Design with Increasing Levels of Renewable Generation: Incentivizing Flexibility in System Operations

    SciTech Connect

    Ela, Erik; Milligan, Michael; Bloom, Aaron; Botterud, Audun; Townsend, Aaron; Levin, Todd; Frew, Bethany A.

    2016-05-01

    This paper discusses the importance and challenges of incentivizing flexibility during short-term operations of the bulk power system due to the increasing variability and uncertainty from growing penetrations of variable generation (VG). Operational flexibility can refer to many aspects of a resource's capability to support the power system, such as the speed, range, and duration of power output, as well as the ability to autonomously respond to frequency or voltage changes. Inefficient utilization of existing flexibility, or unwillingness of resources to provide flexibility, can compromise system reliability by not meeting the changing net load, and it can also lead to higher costs when an inefficient use of flexibility resources occurs. There are many existing characteristics of market design that incentivize flexibility in some manner. How they incentivize the provision of flexibility as well as the level of flexibility is still debated. We explore some of these existing market designs, as well as new market mechanisms, such as pay-for-performance regulating reserve and flexible ramping products, that aim to explicitly incentivize the provision of more flexibility to the system, particularly as a result of increasing VG penetration levels.

  7. University Policies under Varying Market Conditions: The Training of Electrical Engineers.

    ERIC Educational Resources Information Center

    Eckstein, Zvi; And Others

    1988-01-01

    Analyzes an Israeli university's problem in optimizing the quality and quantity of electrical engineers in response to fluctuating enrollment. An equilibrium model considers the effect of students' occupation choice and the university's decision on the current and future demand and supply of engineers, in order to predict the equilibrium number of…

  8. Application of Neural Network Technologies for Price Forecasting in the Liberalized Electricity Market

    NASA Astrophysics Data System (ADS)

    Gerikh, Valentin; Kolosok, Irina; Kurbatsky, Victor; Tomin, Nikita

    2009-01-01

    The paper presents the results of experimental studies concerning calculation of electricity prices in different price zones in Russia and Europe. The calculations are based on the intelligent software "ANAPRO" that implements the approaches based on the modern methods of data analysis and artificial intelligence technologies.

  9. Leadership and the Decentralized Control of Schools

    ERIC Educational Resources Information Center

    Steinberg, Matthew P.

    2013-01-01

    This review examines the literature related to leadership and the decentralized control of schools. It first considers the distinctive goals of public and private agencies, the specific constraints that shape the autonomy of leaders in different sectors, and the ways in which new models of public management are infusing public agencies with…

  10. Decentralization of health systems in Latin America.

    PubMed

    Bossert, T; Larrañaga, O; Ruiz Meir, F

    2000-01-01

    Decentralization is often a major part of health reform policies. However, there have been few attempts to comparatively study the degree of decentralization and the effects of decentralization on equity of allocations to health, so we do not know how best to implement this reform. This article uses an innovative comparative analysis of the "decision space" that was allowed to local municipalities in the health reforms of Bolivia and Chile, two countries that have had several years of experience in implementing decentralization. The studies found that relatively little decision space was allowed to local authorities over key functions of health care systems. The studies also found that central authorities often reduce the decision space in order to direct more resources to health or to restrict local choice over human resources issues. The studies found that more equitable allocations of health funding were achieved through a common equalization fund for the municipalities in Chile and by forcing the assignment to health of a specific percentage of the central government transfers to municipalities in Bolivia.

  11. DECENTRALIZATION, WAITING FOR SOMETHING TO TURN UP.

    ERIC Educational Resources Information Center

    TOBIER, ARTHUR

    PROPOSALS BY THE NEW YORK CITY BOARD OF EDUCATION FOR SCHOOL DECENTRALIZATION ARE REVIEWED. PROPELLED BY THE BOYCOTT OF I.S. 201, THE BOARD ULTIMATELY DEVELOPED SEVEN PROJECTS WHICH WOULD ENCOURAGE COMMUNITY INVOLVEMENT. THE PROPOSAL OFFERING THE GREATEST POSSIBILITY FOR COMMUNITY PARTICIPATION WAS ONE WHICH SUGGESTED THE CREATION OF TWO…

  12. Government Venture Capital: Centralized or Decentralized Execution

    DTIC Science & Technology

    2007-12-01

    NAVAL POSTGRADUATE SCHOOL MONTEREY, CALIFORNIA MBA PROFESSIONAL REPORT Government Venture Capital: Centralized or...DATE December 2007 3. REPORT TYPE AND DATES COVERED MBA Professional Report 4. TITLE AND SUBTITLE Government Venture Capital: Centralized or...these questions is the following issue: Should the DoD manage VC in a centralized or decentralized manner? B. OBJECTIVES The purpose of this MBA

  13. Towards a Decentralized Magnetic Indoor Positioning System

    PubMed Central

    Kasmi, Zakaria; Norrdine, Abdelmoumen; Blankenbach, Jörg

    2015-01-01

    Decentralized magnetic indoor localization is a sophisticated method for processing sampled magnetic data directly on a mobile station (MS), thereby decreasing or even avoiding the need for communication with the base station. In contrast to central-oriented positioning systems, which transmit raw data to a base station, decentralized indoor localization pushes application-level knowledge into the MS. A decentralized position solution has thus a strong feasibility to increase energy efficiency and to prolong the lifetime of the MS. In this article, we present a complete architecture and an implementation for a decentralized positioning system. Furthermore, we introduce a technique for the synchronization of the observed magnetic field on the MS with the artificially-generated magnetic field from the coils. Based on real-time clocks (RTCs) and a preemptive operating system, this method allows a stand-alone control of the coils and a proper assignment of the measured magnetic fields on the MS. A stand-alone control and synchronization of the coils and the MS have an exceptional potential to implement a positioning system without the need for wired or wireless communication and enable a deployment of applications for rescue scenarios, like localization of miners or firefighters. PMID:26690145

  14. Local Responses to Decentralization Policy in Indonesia.

    ERIC Educational Resources Information Center

    Bjork, Christopher

    2003-01-01

    Ethnographic fieldwork in six junior high schools in East Java, Indonesia, focused on local responses to a national policy devolving authority over the curriculum to the schools. Interviews and observations in the schools revealed little change in teacher actions. The objectives of decentralization clashed with deeply rooted ideas about authority,…

  15. The Decentralization of Education. Project BRIDGES.

    ERIC Educational Resources Information Center

    Cummings, William K.

    In most developing societies, the state assumes responsibility for control of education. However, in recent years, educational leaders in a number of countries along with policy analysts in the donor community have proposed a number of arrangements for decentralizing education. This paper draws primarily on the experience of Sri Lanka to examine…

  16. Decentralized track fusion in dynamic networks

    NASA Astrophysics Data System (ADS)

    Nicholson, David; Deaves, Rob H.

    2000-07-01

    Decentralized systems merit a detailed analysis in view of the potential advantages that they offer. These include significant improvements in fault tolerance, modularity and scalability. Such attributes are required by a number of systems that are currently being planned within the defence and civil aerosense sectors. A recognized difficulty with the decentralized network architecture is the potential it creates for redundant data to proliferate as a result of cyclic information flows. This can lead to estimation biases and divergence. Solutions which require the network information sources to be tagged in some way are not generally possible without relaxing some of the constraints on which the decentralized paradigm is founded. This paper consequently investigates a different approach. Specifically, it examines the application of the Covariance Intersection (CI) data fusion technique. CI is relevant to the redundant data problem because it guarantees consistent estimates without requiring correlations to be maintained. The estimation performance of CI is compared here, with respect to a restricted Kalman approach, for a dynamic multi-platform network example. It is concluded that a hybrid CI/Kalman approach offers the best solution, since it exploits known independent information and unknown correlated information without having to relax the decentralized constraints.

  17. Harsh Realities about Decentralized Decision Making.

    ERIC Educational Resources Information Center

    Patterson, Jerry

    1998-01-01

    To increase their odds for successful decentralized decision making, leaders must operate from a different set of realities about organizational change and design appropriate strategies to create more resilient organizations. Most people act first in their own self-interest; resist understanding the meaning of organizational change; and are…

  18. Satellite Power System (SPS) centralization/decentralization

    NASA Technical Reports Server (NTRS)

    Naisbitt, J.

    1978-01-01

    The decentralization of government in the United States of America is described and its effect on the solution of energy problems is given. The human response to the introduction of new technologies is considered as well as the behavioral aspects of multiple options.

  19. Reclassification in a small decentralized medical library.

    PubMed Central

    Tong, J G; Brennen, P W; Byrd, G D

    1977-01-01

    This study describes procedures and indentifies problems in the reclassification of a small medical school library collection that is decentralized into five locations in three different communities. A total of 9,915 monographic titles (14,911 volumes) were reclassified in a nine-month period. The reclassification staff consisted of one professional, two nonprofessionals, and one partime student assistant. PMID:884347

  20. Decentralized Patrolling Under Constraints in Dynamic Environments.

    PubMed

    Chen, Shaofei; Wu, Feng; Shen, Lincheng; Chen, Jing; Ramchurn, Sarvapali D

    2015-12-22

    We investigate a decentralized patrolling problem for dynamic environments where information is distributed alongside threats. In this problem, agents obtain information at a location, but may suffer attacks from the threat at that location. In a decentralized fashion, each agent patrols in a designated area of the environment and interacts with a limited number of agents. Therefore, the goal of these agents is to coordinate to gather as much information as possible while limiting the damage incurred. Hence, we model this class of problem as a transition-decoupled partially observable Markov decision process with health constraints. Furthermore, we propose scalable decentralized online algorithms based on Monte Carlo tree search and a factored belief vector. We empirically evaluate our algorithms on decentralized patrolling problems and benchmark them against the state-of-the-art online planning solver. The results show that our approach outperforms the state-of-the-art by more than 56% for six agents patrolling problems and can scale up to 24 agents in reasonable time.

  1. Cultural Decentralization. Report of a Seminar.

    ERIC Educational Resources Information Center

    Findlater, Richard

    This document describes the results of a seminar convened in England and attended by representatives of national, regional, state, and local cultural organizations from France, the Netherlands, Sweden, the United Kingdom, and the United States. An overview of the status of decentralization in cultural programming opens the document. Diverging…

  2. Decentralized indirect methods for learning automata games.

    PubMed

    Tilak, Omkar; Martin, Ryan; Mukhopadhyay, Snehasis

    2011-10-01

    We discuss the application of indirect learning methods in zero-sum and identical payoff learning automata games. We propose a novel decentralized version of the well-known pursuit learning algorithm. Such a decentralized algorithm has significant computational advantages over its centralized counterpart. The theoretical study of such a decentralized algorithm requires the analysis to be carried out in a nonstationary environment. We use a novel bootstrapping argument to prove the convergence of the algorithm. To our knowledge, this is the first time that such analysis has been carried out for zero-sum and identical payoff games. Extensive simulation studies are reported, which demonstrate the proposed algorithm's fast and accurate convergence in a variety of game scenarios. We also introduce the framework of partial communication in the context of identical payoff games of learning automata. In such games, the automata may not communicate with each other or may communicate selectively. This comprehensive framework has the capability to model both centralized and decentralized games discussed in this paper.

  3. Decentralization--The Case of Sweden.

    ERIC Educational Resources Information Center

    Lander, Rolf

    Recent changes in and issues related to political authority and educational policy, specifically, decentralization and school responsibility, are examined in this paper. The following concerns are discussed: new administrative structures for states and municipalities; allocation of block grants; political and professional control of goals,…

  4. Towards a Decentralized Magnetic Indoor Positioning System.

    PubMed

    Kasmi, Zakaria; Norrdine, Abdelmoumen; Blankenbach, Jörg

    2015-12-04

    Decentralized magnetic indoor localization is a sophisticated method for processing sampled magnetic data directly on a mobile station (MS), thereby decreasing or even avoiding the need for communication with the base station. In contrast to central-oriented positioning systems, which transmit raw data to a base station, decentralized indoor localization pushes application-level knowledge into the MS. A decentralized position solution has thus a strong feasibility to increase energy efficiency and to prolong the lifetime of the MS. In this article, we present a complete architecture and an implementation for a decentralized positioning system. Furthermore, we introduce a technique for the synchronization of the observed magnetic field on the MS with the artificially-generated magnetic field from the coils. Based on real-time clocks (RTCs) and a preemptive operating system, this method allows a stand-alone control of the coils and a proper assignment of the measured magnetic fields on the MS. A stand-alone control and synchronization of the coils and the MS have an exceptional potential to implement a positioning system without the need for wired or wireless communication and enable a deployment of applications for rescue scenarios, like localization of miners or firefighters.

  5. Manual--Territorial Decentration Test (Revised Edition).

    ERIC Educational Resources Information Center

    Stoltman, Joseph P.

    A test for assessing the child's ability to identify territories and their relationship to each other--the Territorial Decentration Test--is discussed. In addition to a description of the test, the administration and scoring of the test and the assignment of score ranges and criterion levels (Territorial Stages) are described. A directions Form…

  6. Decentralization and Policy Design. CPRE Policy Briefs.

    ERIC Educational Resources Information Center

    Consortium for Policy Research in Education, New Brunswick, NJ.

    This policy brief focuses on design issues surrounding decentralization policies, drawing from the following three reports: "Working Models of Choice in Public Education," by Richard F. Elmore; "Diversity Amidst Standardization: State Differential Treatment of Districts," by Susan H. Fuhrman; and "School District Restructuring in Santa Fe, New…

  7. Anti-correlation and multifractal features of Spain electricity spot market

    NASA Astrophysics Data System (ADS)

    Norouzzadeh, P.; Dullaert, W.; Rahmani, B.

    2007-07-01

    We use multifractal detrended fluctuation analysis (MF-DFA) to numerically investigate correlation, persistence, multifractal properties and scaling behavior of the hourly spot prices for the Spain electricity exchange-Compania O Peradora del Mercado de Electricidad (OMEL). Through multifractal analysis, fluctuations behavior, the scaling exponents and generalized Hurst exponents are studied. Moreover, contribution of fat-tailed probability distributions and nonlinear temporal correlations to multifractality is studied.

  8. Modeling and Analysis of Wholesale Electricity Market Design. Understanding the Missing Money Problem. December 2013 - January 2015

    SciTech Connect

    Papalexopoulos, A.; Hansen, C.; Perrino, D.; Frowd, R.

    2015-05-31

    This project examined the impact of renewable energy sources, which have zero incremental energy costs, on the sustainability of conventional generation. This “missing money” problem refers to market outcomes in which infra-marginal energy revenues in excess of operations and maintenance (O&M) costs are systematically lower than the amortized costs of new entry for a marginal generator. The problem is caused by two related factors: (1) conventional generation is dispatched less, and (2) the price that conventional generation receives for its energy is lower. This lower revenue stream may not be sufficient to cover both the variable and fixed costs of conventional generation. In fact, this study showed that higher wind penetrations in the Electric Reliability Council of Texas (ERCOT) system could cause many conventional generators to become uneconomic.

  9. Electricity end-use efficiency: Experience with technologies, markets, and policies throughout the world

    SciTech Connect

    Levine, M.D.; Koomey, J.; Price, L.; Geller, H.; Nadel, S.

    1992-03-01

    In its August meeting in Geneva, the Energy and Industry Subcommittee (EIS) of the Policy Response Panel of the Intergovernmental Panel on Climate Change (IPCC) identified a series of reports to be produced. One of these reports was to be a synthesis of available information on global electricity end-use efficiency, with emphasis on developing nations. The report will be reviewed by the IPCC and approved prior to the UN Conference on Environment and Development (UNCED), Brazil, June 1992. A draft outline for the report was submitted for review at the November 1991 meeting of the EIS. This outline, which was accepted by the EIS, identified three main topics to be addressed in the report: status of available technologies for increasing electricity end-use efficiency; review of factors currently limiting application of end-use efficiency technologies; and review of policies available to increase electricity end-use efficiency. The United States delegation to the EIS agreed to make arrangements for the writing of the report.

  10. Uncertainties in the Value of Bill Savings from Behind-the-Meter, Residential Photovoltaic Systems: The Roles of Electricity Market Conditions, Retail Rate Design, and Net Metering

    NASA Astrophysics Data System (ADS)

    Darghouth, Naim Richard

    Net metering has become a widespread policy mechanism in the U.S. for supporting customer adoption of distributed photovoltaics (PV), allowing customers with PV systems to reduce their electric bills by offsetting their consumption with PV generation, independent of the timing of the generation relative to consumption. Although net metering is one of the principal drivers for the residential PV market in the U.S., the academic literature on this policy has been sparse and this dissertation contributes to this emerging body of literature. This dissertation explores the linkages between the availability of net metering, wholesale electricity market conditions, retail rates, and the residential bill savings from behind-the-meter PV systems. First, I examine the value of the bill savings that customers receive under net metering and alternatives to net metering, and the associated role of retail rate design, based on current rates and a sample of approximately two hundred residential customers of California's two largest electric utilities. I find that the bill savings per kWh of PV electricity generated varies greatly, largely attributable to the increasing block structure of the California utilities' residential retail rates. I also find that net metering provides significantly greater bill savings than alternative compensation mechanisms based on avoided costs. However, retail electricity rates may shift as wholesale electricity market conditions change. I then investigate a potential change in market conditions -- increased solar PV penetrations -- on wholesale prices in the short-term based on the merit-order effect. This demonstrates the potential price effects of changes in market conditions, but also points to a number of methodological shortcomings of this method, motivating my usage of a long-term capacity investment and economic dispatch model to examine wholesale price effects of various wholesale market scenarios in the subsequent analysis. By developing

  11. Energy storage for the electricity grid : benefits and market potential assessment guide : a study for the DOE Energy Storage Systems Program.

    SciTech Connect

    Eyer, James M.; Corey, Garth P.

    2010-02-01

    This guide describes a high-level, technology-neutral framework for assessing potential benefits from and economic market potential for energy storage used for electric-utility-related applications. The overarching theme addressed is the concept of combining applications/benefits into attractive value propositions that include use of energy storage, possibly including distributed and/or modular systems. Other topics addressed include: high-level estimates of application-specific lifecycle benefit (10 years) in $/kW and maximum market potential (10 years) in MW. Combined, these criteria indicate the economic potential (in $Millions) for a given energy storage application/benefit. The benefits and value propositions characterized provide an important indication of storage system cost targets for system and subsystem developers, vendors, and prospective users. Maximum market potential estimates provide developers, vendors, and energy policymakers with an indication of the upper bound of the potential demand for storage. The combination of the value of an individual benefit (in $/kW) and the corresponding maximum market potential estimate (in MW) indicates the possible impact that storage could have on the U.S. economy. The intended audience for this document includes persons or organizations needing a framework for making first-cut or high-level estimates of benefits for a specific storage project and/or those seeking a high-level estimate of viable price points and/or maximum market potential for their products. Thus, the intended audience includes: electric utility planners, electricity end users, non-utility electric energy and electric services providers, electric utility regulators and policymakers, intermittent renewables advocates and developers, Smart Grid advocates and developers, storage technology and project developers, and energy storage advocates.

  12. PV electrofinance: A proposed product for insurers in a deregulated electric market

    SciTech Connect

    Gordes, J.N.; Leggett, J.

    1999-07-01

    The thesis that global climate change could disrupt world-wide weather patterns is not new but the potential losses it represents have drawn attention from the financial community--particularly property-casualty insurers who are subject to large damage claims if climate change occurs. With the deregulation of the electricity sector, the specter of climate change can be transformed from a threat into an exciting opportunity for insurers, bankers and other financiers who have the need, foresight and capacity to invest in energy conservation and photovoltaics as mitigation strategies.

  13. The value of improved wind power forecasting: Grid flexibility quantification, ramp capability analysis, and impacts of electricity market operation timescales

    SciTech Connect

    Wang, Qin; Wu, Hongyu; Florita, Anthony R.; Brancucci Martinez-Anido, Carlo; Hodge, Bri-Mathias

    2016-11-11

    The value of improving wind power forecasting accuracy at different electricity market operation timescales was analyzed by simulating the IEEE 118-bus test system as modified to emulate the generation mixes of the Midcontinent, California, and New England independent system operator balancing authority areas. The wind power forecasting improvement methodology and error analysis for the data set were elaborated. Production cost simulation was conducted on the three emulated systems with a total of 480 scenarios, considering the impacts of different generation technologies, wind penetration levels, and wind power forecasting improvement timescales. The static operational flexibility of the three systems was compared through the diversity of generation mix, the percentage of must-run baseload generators, as well as the available ramp rate and the minimum generation levels. The dynamic operational flexibility was evaluated by the real-time upward and downward ramp capacity. Simulation results show that the generation resource mix plays a crucial role in evaluating the value of improved wind power forecasting at different timescales. In addition, the changes in annual operational electricity generation costs were mostly influenced by the dominant resource in the system. Lastly, the impacts of pumped-storage resources, generation ramp rates, and system minimum generation level requirements on the value of improved wind power forecasting were also analyzed.

  14. The value of improved wind power forecasting: Grid flexibility quantification, ramp capability analysis, and impacts of electricity market operation timescales

    DOE PAGES

    Wang, Qin; Wu, Hongyu; Florita, Anthony R.; ...

    2016-11-11

    The value of improving wind power forecasting accuracy at different electricity market operation timescales was analyzed by simulating the IEEE 118-bus test system as modified to emulate the generation mixes of the Midcontinent, California, and New England independent system operator balancing authority areas. The wind power forecasting improvement methodology and error analysis for the data set were elaborated. Production cost simulation was conducted on the three emulated systems with a total of 480 scenarios, considering the impacts of different generation technologies, wind penetration levels, and wind power forecasting improvement timescales. The static operational flexibility of the three systems was comparedmore » through the diversity of generation mix, the percentage of must-run baseload generators, as well as the available ramp rate and the minimum generation levels. The dynamic operational flexibility was evaluated by the real-time upward and downward ramp capacity. Simulation results show that the generation resource mix plays a crucial role in evaluating the value of improved wind power forecasting at different timescales. In addition, the changes in annual operational electricity generation costs were mostly influenced by the dominant resource in the system. Lastly, the impacts of pumped-storage resources, generation ramp rates, and system minimum generation level requirements on the value of improved wind power forecasting were also analyzed.« less

  15. Co-optimization of Energy and Demand-Side Reserves in Day-Ahead Electricity Markets

    NASA Astrophysics Data System (ADS)

    Surender Reddy, S.; Abhyankar, A. R.; Bijwe, P. R.

    2015-04-01

    This paper presents a new multi-objective day-ahead market clearing (DAMC) mechanism with demand-side reserves/demand response (DR) offers, considering realistic voltage-dependent load modeling. The paper proposes objectives such as social welfare maximization (SWM) including demand-side reserves, and load served error (LSE) minimization. In this paper, energy and demand-side reserves are cleared simultaneously through co-optimization process. The paper clearly brings out the unsuitability of conventional SWM for DAMC in the presence of voltage-dependent loads, due to reduction of load served (LS). Under such circumstances multi-objective DAMC with DR offers is essential. Multi-objective Strength Pareto Evolutionary Algorithm 2+ (SPEA 2+) has been used to solve the optimization problem. The effectiveness of the proposed scheme is confirmed with results obtained from IEEE 30 bus system.

  16. Optimal decentralized charging control algorithm for electrified vehicles connected to smart grid

    NASA Astrophysics Data System (ADS)

    Ahn, Changsun; Li, Chiao-Ting; Peng, Huei

    Electrified vehicles (EV) and renewable power sources are two important technologies for sustainable ground transportation. If left unmitigated, the additional electric load could over-burden the electric grid. Meanwhile, a challenge for integrating renewable power sources into the grid lies in the fact their intermittency requires more regulation services which makes them expensive to deploy. Fortunately, EVs are controllable loads and the charging process can be interrupted. This flexibility makes it possible to manipulate EV charging to reduce the additional electric load and accommodate the intermittency of renewable power sources. To illustrate this potential, a two-level optimal charging algorithm is designed, which achieves both load shifting and frequency regulation. Load shifting can be realized through coordination of power generation and vehicle charging while reducing power generation cost and carbon dioxide emissions. To ensure practicality, a decentralized charging algorithm for load shifting is formulated by emulating the charging pattern identified through linear programming optimization solutions. The frequency regulation is also designed based on frequency droop that can be implemented in a decentralized way. The two control objectives can be integrated because they are functionally separated by time scale. Simulation results are presented to demonstrate the performance of the proposed decentralized algorithm.

  17. Optimizing the Operation of Windfarms, Energy Storage and Flexible Loads in Modern Power Systems and Deregulated Electricity Markets

    NASA Astrophysics Data System (ADS)

    Dar, Zamiyad

    The amount of wind energy in power systems is increasing at a significant rate. With this increased penetration, there are certain problems associated with the operation of windfarms which need careful attention. In the operations side, the wake effects of upstream wind turbines on downstream wind turbines can cause a reduction in the total generated power of a windfarm. On the market side, the fluctuation of real-time prices can make the operation of windfarms less profitable. Similarly, the intermittent nature of wind power prevents the windfarms from participating in the day-ahead and forward markets. On the system side, the volatile nature of wind speeds is also an obstacle for windfarms to provide frequency regulation to the system. In this thesis, we address these issues and optimize the operation of windfarms in power systems and deregulated electricity markets. First, the total power generation in a windfarm is maximized by using yaw angle of wind turbines as a control variable. We extend the existing wake models to include the effects of yaw misalignment and wake deflection of wind turbines. A numerical study is performed to find the optimal values of induction factor and yaw misalignment angle of wind turbines in a single row of a windfarm for achieving the maximum total power with wake effects. The numerical study shows that the maximum power is achieved by keeping the induction factor close to 1/3 and only changing the yaw angle to deflect the wake. We then propose a Dynamic Programming Framework (DPF) to maximize the total power production of a windfarm using yaw angle as the control variable. We compare the windfarm efficiency achieved with our DPF with the efficiency values obtained through greedy control strategy and induction factor optimization. We also extend our expressions to a windfarm with multiple rows and columns of turbines and perform simulations on the 3x3 and 4x4 grid topologies. Our results show that the optimal induction factor for

  18. Centralised Decentralisation: Sloanism, Marketing Quality and Higher Education.

    ERIC Educational Resources Information Center

    Watkins, Peter

    1993-01-01

    The trend toward market orientation and related business strategies in higher education is examined in the Australian context, particularly in relation to changes in institutional administration such as coordinated decentralization and to the Total Quality Management movement. (MSE)

  19. USING MARKET INCENTIVES TO PROMOTE DECENTRALIZED STORMWATER MANAGEMENT

    EPA Science Inventory

    Stormwater runoff from impervious surfaces in urban and suburban areas has led to human safety risks and widespread stream ecosystem impairment. While centralized stormwater management can minimize large fluctuations in stream flows and flooding risk to urban areas, this approac...

  20. USING MARKET INCENTIVES TO PROMOTE DECENTRALIZED STORMWATER MANAGEMENT

    EPA Science Inventory

    Stormwater runoff from impervious surfaces in urban and suburban areas has led to human safety risks and widespread stream ecosystem impairment. While centralized stormwater management can minimize large fluctuations in stream flows and flooding risk to urban areas, this approac...

  1. Ecology Based Decentralized Agent Management System

    NASA Technical Reports Server (NTRS)

    Peysakhov, Maxim D.; Cicirello, Vincent A.; Regli, William C.

    2004-01-01

    The problem of maintaining a desired number of mobile agents on a network is not trivial, especially if we want a completely decentralized solution. Decentralized control makes a system more r e bust and less susceptible to partial failures. The problem is exacerbated on wireless ad hoc networks where host mobility can result in significant changes in the network size and topology. In this paper we propose an ecology-inspired approach to the management of the number of agents. The approach associates agents with living organisms and tasks with food. Agents procreate or die based on the abundance of uncompleted tasks (food). We performed a series of experiments investigating properties of such systems and analyzed their stability under various conditions. We concluded that the ecology based metaphor can be successfully applied to the management of agent populations on wireless ad hoc networks.

  2. Centralization vs. Decentralization in Medical School Libraries

    PubMed Central

    Crawford, Helen

    1966-01-01

    Does the medical school library in the United States operate more commonly under the university library or the medical school administration? University-connected medical school libraries were asked to indicate (a) the source of their budgets, whether from the central library or the medical school, and (b) the responsibility for their acquisitions and cataloging. Returns received from sixtyeight of the seventy eligible institutions showed decentralization to be much the most common: 71 percent of the libraries are funded by their medical schools; 79 percent are responsible for their own acquisitions and processing. The factor most often associated with centralization of both budget and operation is public ownership. Decentralization is associated with service to one or two rather than three or more professional schools. Location of the medical school in a different city from the university is highly favorable to autonomy. Other factors associated with these trends are discussed. PMID:5945568

  3. A case study review of technical and technology issues for transition of a utility load management program to provide system reliability resources in restructured electricity markets

    SciTech Connect

    Weller, G.H.

    2001-07-15

    Utility load management programs--including direct load control and interruptible load programs--were employed by utilities in the past as system reliability resources. With electricity industry restructuring, the context for these programs has changed; the market that was once controlled by vertically integrated utilities has become competitive, raising the question: can existing load management programs be modified so that they can effectively participate in competitive energy markets? In the short run, modified and/or improved operation of load management programs may be the most effective form of demand-side response available to the electricity system today. However, in light of recent technological advances in metering, communication, and load control, utility load management programs must be carefully reviewed in order to determine appropriate investments to support this transition. This report investigates the feasibility of and options for modifying an existing utility load management system so that it might provide reliability services (i.e. ancillary services) in the competitive markets that have resulted from electricity industry restructuring. The report is a case study of Southern California Edison's (SCE) load management programs. SCE was chosen because it operates one of the largest load management programs in the country and it operates them within a competitive wholesale electricity market. The report describes a wide range of existing and soon-to-be-available communication, control, and metering technologies that could be used to facilitate the evolution of SCE's load management programs and systems to provision of reliability services. The fundamental finding of this report is that, with modifications, SCE's load management infrastructure could be transitioned to provide critical ancillary services in competitive electricity markets, employing currently or soon-to-be available load control technologies.

  4. Problems in Decentralized Decision making and Computation.

    DTIC Science & Technology

    1984-12-01

    Wald ) problem [Teneketzis, 1983], as well as problems involving communication of zero-one messages from certain sensors to others [Ekchian and Tenney...that the development of results for pseudo-gradient algorithms leads easily to results for broader classes of algorithms, such as Kiefer- Wolfowitz ...Decentralized Wald Problem," Proceedings of the 1983 American Control Conference, San Francisco, CA. Teneketzis, D., P. Varaiya, (1984), "Consensus in

  5. Analyzing Von Neumann machines using decentralized symmetries

    NASA Astrophysics Data System (ADS)

    Fang, Jie

    2013-10-01

    The artificial intelligence method to e-business is defined not only by the study of fiber-optic cables, but also by the unproven need for vacuum tubes. Given the current status of virtual archetypes, theorists clearly desire the exploration of semaphores, which embodies the compelling principles of cryptoanalysis. We present an algorithm for probabilistic theory (Buck), which we use to disprove that write-back caches can be made decentralized, lossless, and reliable.

  6. Decentralized control of flexible, multibody systems

    NASA Astrophysics Data System (ADS)

    Reisenauer, Brian Thomas

    1992-11-01

    The appearance of multibody flexible systems in robotics, telerobotics, and space application invites our study of a new method for closed-loop controller design. These systems differ substantially from standard rigid multibody structures. Active control in the presence of flexibility may induce system instability. Furthermore, multibody systems differ from flexible structures in that mode shapes and mode frequencies continually change as the orientation of one body about another varies. Our work brings together ideas from decentralized control and multibody dynamics to address this unique challenge. The composite system method applies decentralized control to interconnected systems and suggests analytic tools for assessing system stability. Multibody dynamics introduces the application of a moving reference frame to minimize the interconnection between gross body motion and elastic deformation. Together, the combination yields a decentralized design methodology. System modeling as well as control architecture benefit from substructure division and the application of a pseudo-rigid reference frame. Lyapunov based analysis presents proximate design goals, provides a template for redesign, and develops a sufficient condition for composite stability. Several examples help us further understand the control method. We concentrate on articulated structures as a primary type of multibody system and examine different models. A simplified rotational spring model enables a comprehensive study of the design method with analysis, as well as control performance. We see how analysis offers insight into the decentralized design and engenders a rather robust controller. A more complicated assumed mode model provides a further test-bed for design, while a finite element model outlines the application of the approach to much more complicated systems.

  7. Does social approval stimulate prosocial behavior? Evidence from a field experiment in the residential electricity market

    NASA Astrophysics Data System (ADS)

    Yoeli, Erez

    At least since Veblen (1899), economists have proposed that people do good because they desire "social approval" and want to look good in front of others. Evidence from the laboratory supports this claim, but is difficult to generalize due to the unrealistic degree of scrutiny in a laboratory environment. I administer a field experiment to test the potency of social approval in a realistic and policy relevant setting. In the experiment I solicit 7893 customers of a large electric utility for a program that helps prevent blackouts. I vary whether their decision to participate in the program is revealed to their neighbors. Customers whose decision is revealed are 1.5% more likely to sign up than those whose decision is anonymous when their decision is framed as a contribution to a public good. Social approval increases participation more than offering subjects a $25 incentive, and its effect is large relative to the mean sign-up rate of 4.1%. I explore whether social approval contributes to crowding out and conditionally cooperative behavior, but the evidence is inconclusive.

  8. Theory and applications survey of decentralized control methods

    NASA Technical Reports Server (NTRS)

    Athans, M.

    1975-01-01

    A nonmathematical overview is presented of trends in the general area of decentralized control strategies which are suitable for hierarchical systems. Advances in decentralized system theory are closely related to advances in the so-called stochastic control problem with nonclassical information pattern. The basic assumptions and mathematical tools pertaining to the classical stochastic control problem are outlined. Particular attention is devoted to pitfalls in the mathematical problem formulation for decentralized control. Major conclusions are that any purely deterministic approach to multilevel hierarchical dynamic systems is unlikely to lead to realistic theories or designs, that the flow of measurements and decisions in a decentralized system should not be instantaneous and error-free, and that delays in information exchange in a decentralized system lead to reasonable approaches to decentralized control. A mathematically precise notion of aggregating information is not yet available.

  9. Theory and applications survey of decentralized control methods

    NASA Technical Reports Server (NTRS)

    Athans, M.

    1975-01-01

    A nonmathematical overview is presented of trends in the general area of decentralized control strategies which are suitable for hierarchical systems. Advances in decentralized system theory are closely related to advances in the so-called stochastic control problem with nonclassical information pattern. The basic assumptions and mathematical tools pertaining to the classical stochastic control problem are outlined. Particular attention is devoted to pitfalls in the mathematical problem formulation for decentralized control. Major conclusions are that any purely deterministic approach to multilevel hierarchical dynamic systems is unlikely to lead to realistic theories or designs, that the flow of measurements and decisions in a decentralized system should not be instantaneous and error-free, and that delays in information exchange in a decentralized system lead to reasonable approaches to decentralized control. A mathematically precise notion of aggregating information is not yet available.

  10. Peeling the Onion: Why Centralized Control / Decentralized Execution Works

    DTIC Science & Technology

    2014-04-01

    March–April 2014 Air & Space Power Journal | 24 Feature Peeling the Onion Why Centralized Control / Decentralized Execution Works Lt Col Alan Docauer...DATES COVERED 00-00-2014 to 00-00-2014 4. TITLE AND SUBTITLE Peeling the Onion : Why Centralized Control / Decentralized Execution Works 5a...Air & Space Power Journal | 25 Docauer Peeling the Onion Feature What Is Centralized Control / Decentralized Execution? Emerging in the aftermath of

  11. Decentralized Energy Studies: compendium of U. S. studies and projects

    SciTech Connect

    Quinn, J.; Ohi, J.M.

    1980-06-01

    This compendium was prepared as a part of the Decentralized Energy Studies task at the Solar Energy Research Institute. The compendium lists and briefly describes a number of studies, programs, and projects that involve decentralized energy systems. The purpose is to provide information about research activities in decentralized energy systems to researchers, government officials, and interested citizens. A contact person or address is given for each of the activities listed so that interested readers can obtain more information.

  12. Impact of School Decentralization in New York City on Municipal Decentralization.

    ERIC Educational Resources Information Center

    New York State Charter Revision Commission for New York City.

    In 1969, after much controversy and the submission of many bills, the New York State Legislature passed--and the Governor signed--a school decentralization law. The law went into effect on February 16, 1970, with the major transfers of power operative on July 1, 1970. This report examines those aspects of the three-year school decentralization…

  13. Future evolution of distributed systems for smart grid - The challenges and opportunities to using decentralized energy system

    NASA Astrophysics Data System (ADS)

    Konopko, Joanna

    2015-12-01

    A decentralized energy system is a relatively new approach in the power industry. Decentralized energy systems provide promising opportunities for deploying renewable energy sources locally available as well as for expanding access to clean energy services to remote communities. The electricity system of the future must produce and distribute electricity that is reliable and affordable. To accomplish these goals, both the electricity grid and the existing regulatory system must be smarter. In this paper, the major issues and challenges in distributed systems for smart grid are discussed and future trends are presented. The smart grid technologies and distributed generation systems are explored. A general overview of the comparison of the traditional grid and smart grid is also included.

  14. Decentralized Budgeting in Education: Model Variations and Practitioner Perspectives.

    ERIC Educational Resources Information Center

    Hall, George; Metsinger, Jackie; McGinnis, Patricia

    In educational settings, decentralized budgeting refers to various fiscal practices that disperse budgeting responsibility away from central administration to the line education units. This distributed decision-making is common to several financial management models. Among the many financial management models that employ decentralized budgeting…

  15. A Review of Characteristics and Experiences of Decentralization of Education

    ERIC Educational Resources Information Center

    Mwinjuma, Juma Saidi; Kadir, Suhaida bte Abd.; Hamzah, Azimi; Basri, Ramli

    2015-01-01

    This paper scrutinizes decentralization of education with reference to some countries around the world. We consider discussion on decentralization to be complex, critical and broad question in the contemporary education planning, administration and politics of education reforms. Even though the debate on and implementation of decentralization…

  16. Responsibility Center Management: Lessons from 25 Years of Decentralized Management.

    ERIC Educational Resources Information Center

    Strauss, Jon C.; Curry, John R.

    Decentralization of authority is a natural act in universities, but decentralization of responsibility is not. A problem faced by universities is the decoupling of academic authority from financial responsibility. The solution proposed in this book for the coupling is Responsibility Center Management (RCM), also called Revenue Responsibility…

  17. Setting the Governmental Agenda for State Decentralization of Higher Education.

    ERIC Educational Resources Information Center

    McLendon, Michael K.

    2003-01-01

    State decentralization of higher education emerged as a significant governance trend of the 1980s to 1990s. Yet little is known about how or why decentralization first became an issue to which state governments paid serious attention. This study employs multiple theories to analyze the agenda-setting stage of policy formation in three states…

  18. Centralization Versus Decentralization: A Location Analysis Approach for Librarians.

    ERIC Educational Resources Information Center

    Shishko, Robert; Raffel, Jeffrey

    One of the questions that seems to perplex many university and special librarians is whether to move in the direction of centralizing or decentralizing the library's collections and facilities. Presented is a theoretical approach, employing location theory, to the library centralization-decentralization question. Location theory allows the analyst…

  19. Centralization vs. Decentralization: A Location Analysis Approach for Librarians

    ERIC Educational Resources Information Center

    Raffel, Jeffrey; Shishko, Robert

    1972-01-01

    An application of location theory to the question of centralized versus decentralized library facilities for a university, with relevance for special libraries is presented. The analysis provides models for a single library, for two or more libraries, or for decentralized facilities. (6 references) (Author/NH)

  20. Microflora of drinking water distributed through decentralized supply systems (Tomsk)

    NASA Astrophysics Data System (ADS)

    Khvaschevskaya, A. A.; Nalivaiko, N. G.; Shestakova, A. V.

    2016-03-01

    The paper considers microbiological quality of waters from decentralized water supply systems in Tomsk. It has been proved that there are numerous microbial contaminants of different types. The authors claim that the water distributed through decentralized supply systems is not safe to drink without preliminary treatment.

  1. Decentralized energy studies: compendium of international studies and research

    SciTech Connect

    Wallace, C.

    1980-03-01

    The purpose of the compendium is to provide information about research activities in decentralized energy systems to researchers, government officials, and interested citizens. The compendium lists and briefly describes a number of studies in other industrialized nations that involve decentralized energy systems. A contact person is given for each of the activities listed so that interested readers can obtain more information.

  2. On Deciding How to Decide: To Centralize or Decentralize.

    ERIC Educational Resources Information Center

    Chaffee, Ellen Earle

    Issues concerning whether to centralize or decentralize decision-making are addressed, with applications for colleges. Centralization/decentralization (C/D) must be analyzed with reference to a particular decision. Three components of C/D are locus of authority, breadth of participation, and relative contribution by the decision-maker's staff. C/D…

  3. After Decentralization: Delimitations and Possibilities within New Fields

    ERIC Educational Resources Information Center

    Wahlstrom, Ninni

    2008-01-01

    The shift from a centralized to a decentralized school system can be seen as a solution to an uncertain problem. Through analysing the displacements in the concept of equivalence within Sweden's decentralized school system, this study illustrates how the meaning of the concept of equivalence shifts over time, from a more collective target…

  4. Blacks, Hispanics, and Others: Decentralization and Ethnic Succession

    ERIC Educational Resources Information Center

    Bresnick, David

    1977-01-01

    The data for the years 1969-1972 clearly support the ethnic succession-decentralization hypothesis. The new ethnic groups in New York City, the blacks, and Hispanics are achieving greater success in penetrating the school bureaucracy in the decentralized than in the centralized districts. (Author)

  5. Setting the Governmental Agenda for State Decentralization of Higher Education.

    ERIC Educational Resources Information Center

    McLendon, Michael K.

    2003-01-01

    State decentralization of higher education emerged as a significant governance trend of the 1980s to 1990s. Yet little is known about how or why decentralization first became an issue to which state governments paid serious attention. This study employs multiple theories to analyze the agenda-setting stage of policy formation in three states…

  6. The Decentralization Mirage: Comparing Decisionmaking Arrangements in Four High Schools.

    ERIC Educational Resources Information Center

    Bimber, Bruce

    Decentralization has been one of the centerpieces of education reform in the United States over the past decade, yet the results so far are not encouraging. This booklet presents findings of a study that explored the hypothesis that decentralization efforts have failed to relax external constraints on schools or to enable school staffs to make…

  7. An Agent-Based Optimization Framework for Engineered Complex Adaptive Systems with Application to Demand Response in Electricity Markets

    NASA Astrophysics Data System (ADS)

    Haghnevis, Moeed

    The main objective of this research is to develop an integrated method to study emergent behavior and consequences of evolution and adaptation in engineered complex adaptive systems (ECASs). A multi-layer conceptual framework and modeling approach including behavioral and structural aspects is provided to describe the structure of a class of engineered complex systems and predict their future adaptive patterns. The approach allows the examination of complexity in the structure and the behavior of components as a result of their connections and in relation to their environment. This research describes and uses the major differences of natural complex adaptive systems (CASs) with artificial/engineered CASs to build a framework and platform for ECAS. While this framework focuses on the critical factors of an engineered system, it also enables one to synthetically employ engineering and mathematical models to analyze and measure complexity in such systems. In this way concepts of complex systems science are adapted to management science and system of systems engineering. In particular an integrated consumer-based optimization and agent-based modeling (ABM) platform is presented that enables managers to predict and partially control patterns of behaviors in ECASs. Demonstrated on the U.S. electricity markets, ABM is integrated with normative and subjective decision behavior recommended by the U.S. Department of Energy (DOE) and Federal Energy Regulatory Commission (FERC). The approach integrates social networks, social science, complexity theory, and diffusion theory. Furthermore, it has unique and significant contribution in exploring and representing concrete managerial insights for ECASs and offering new optimized actions and modeling paradigms in agent-based simulation.

  8. Environmental Systems and Local Actors: Decentralizing Environmental Policy in Uganda

    NASA Astrophysics Data System (ADS)

    Oosterveer, Peter; van Vliet, Bas

    2010-02-01

    In Uganda, environmental and natural resource management is decentralized and has been the responsibility of local districts since 1996. This environmental management arrangement was part of a broader decentralization process and was intended to increase local ownership and improve environmental policy; however, its implementation has encountered several major challenges over the last decade. This article reviews some of the key structural problems facing decentralized environmental policy in this central African country and examines these issues within the wider framework of political decentralization. Tensions have arisen between technical staff and politicians, between various levels of governance, and between environmental and other policy domains. This review offers a critical reflection on the perspectives and limitations of decentralized environmental governance in Uganda. Our conclusions focus on the need to balance administrative staff and local politicians, the mainstreaming of local environmental policy, and the role of international donors.

  9. Environmental systems and local actors: decentralizing environmental policy in Uganda.

    PubMed

    Oosterveer, Peter; Van Vliet, Bas

    2010-02-01

    In Uganda, environmental and natural resource management is decentralized and has been the responsibility of local districts since 1996. This environmental management arrangement was part of a broader decentralization process and was intended to increase local ownership and improve environmental policy; however, its implementation has encountered several major challenges over the last decade. This article reviews some of the key structural problems facing decentralized environmental policy in this central African country and examines these issues within the wider framework of political decentralization. Tensions have arisen between technical staff and politicians, between various levels of governance, and between environmental and other policy domains. This review offers a critical reflection on the perspectives and limitations of decentralized environmental governance in Uganda. Our conclusions focus on the need to balance administrative staff and local politicians, the mainstreaming of local environmental policy, and the role of international donors.

  10. Decentralized control experiments on NASA's flexible grid

    NASA Technical Reports Server (NTRS)

    Ozguner, U.; Yurkowich, S.; Martin, J., III; Al-Abbass, F.

    1986-01-01

    Methods arising from the area of decentralized control are emerging for analysis and control synthesis for large flexible structures. In this paper the control strategy involves a decentralized model reference adaptive approach using a variable structure control. Local models are formulated based on desired damping and response time in a model-following scheme for various modal configurations. Variable structure controllers are then designed employing co-located angular rate and position feedback. In this scheme local control forces the system to move on a local sliding mode in some local error space. An important feature of this approach is that the local subsystem is made insensitive to dynamical interactions with other subsystems once the sliding surface is reached. Experiments based on the above have been performed for NASA's flexible grid experimental apparatus. The grid is designed to admit appreciable low-frequency structural dynamics, and allows for implementation of distributed computing components, inertial sensors, and actuation devices. A finite-element analysis of the grid provides the model for control system design and simulation; results of several simulations are reported on here, and a discussion of application experiments on the apparatus is presented.

  11. Decentralized asset management for collaborative sensing

    NASA Astrophysics Data System (ADS)

    Malhotra, Raj P.; Pribilski, Michael J.; Toole, Patrick A.; Agate, Craig

    2017-05-01

    There has been increased impetus to leverage Small Unmanned Aerial Systems (SUAS) for collaborative sensing applications in which many platforms work together to provide critical situation awareness in dynamic environments. Such applications require critical sensor observations to be made at the right place and time to facilitate the detection, tracking, and classification of ground-based objects. This further requires rapid response to real-world events and the balancing of multiple, competing mission objectives. In this context, human operators become overwhelmed with management of many platforms. Further, current automated planning paradigms tend to be centralized and don't scale up well to many collaborating platforms. We introduce a decentralized approach based upon information-theory and distributed fusion which enable us to scale up to large numbers of collaborating Small Unmanned Aerial Systems (SUAS) platforms. This is exercised against a military application involving the autonomous detection, tracking, and classification of critical mobile targets. We further show that, based upon monte-carlo simulation results, our decentralized approach out-performs more static management strategies employed by human operators and achieves similar results to a centralized approach while being scalable and robust to degradation of communication. Finally, we describe the limitations of our approach and future directions for our research.

  12. Centralized versus decentralized lunar PMAD study

    NASA Astrophysics Data System (ADS)

    Metcalf, Kenneth J.

    A study of proposed lunar base architectures was performed to identify issues concerning centralized and decentralized power system deployment options. The power management and distribution (PMAD) system analysis is addressed. The PMAD system consists of power conditioning components that convert the generated power into the form desired for transmission, transmission lines that conduct this power from the power sources to the loads, and power conditioning hardware that converts the power into the form selected for secondary distribution to the loads. Three PMAD architecture configurations were evaluated: centralized, hybrid, and decentralized. Two models were created for each architecture to identify the preferred method of power transmission, DC or AC. Each model permitted the load power demands and distribution voltage level to be varied to assess the impact on power system mass. The AC power system models also allowed the distribution frequency to be changed. Finally, individual models were developed for different transmission line configurations and placements to determine the best conductor construction and installation location.

  13. Development of a decentralized telehomecare monitoring system.

    PubMed

    Hsu, Yeh-Liang; Yang, Che-Chang; Tsai, Tzung-Cheng; Cheng, Chih-Ming; Wu, Chang-Huei

    2007-02-01

    Although the usefulness of telehomecare has been recognized, and all technologies required are readily available, expectations for its widespread adoption have not been realized. This paper presents the development of a portable telehomecare monitoring system (PTMS). What sets this work apart from most other systems is the focus on a highly decentralized monitoring model and the portable nature of the system. We believe that this is the approach that is needed to make such systems economically viable and acceptable to the end-users. The PTMS is a decentralized system, in which a single household is the fundamental unit for sensing, data transmission, data storage and analysis. It is not necessary to subscribe service from a health welfare center, and the infrastructure required is minimal, too. Equipped with different sensors, the PTMS can be used for long-term personal health data management in a home environment, and it can be easily implemented in a home environment at very low cost. Similar to the largescale telehomecare systems, the PTMS also provides caregivers with convenient access to the health data and real-time event-driven messages in urgent situations. Several PTMS applications are described in this paper, including environmental monitoring, monitoring of activities of daily living, a radiofrequency identification (RFID)-based entrance guard system, sleep quality monitoring, vital sign parameter monitoring, and a tele-presence robot.

  14. Coordination and decision making of regulation, operation, and market activities in power systems

    NASA Astrophysics Data System (ADS)

    Nakashima, Tomoaki

    are explored. Two typical ISO models, centralized and decentralized, have been identified and compared. These ISO models have been simulated to observe the advantages and disadvantages of the different systems. If no powerful players exist, the centralized system would achieve the maximum market efficiency. However, in decentralized systems, freedom of trade protects market participants from strategic bidding caused by powerful players. Reduced market efficiency is the price markets have to pay to prevent strategic bidding. Secondly, from the regulator's point of view, the effects of different policies imposed by regulators on power transactions are examined. The optimal schedule could be affected greatly by the ideal goals and their allowable values. Therefore, when the ISO defines its objectives and their allowable ranges, an agreeable conclusion among market participants is required. Fuzzy multiobjective optimization methods can be suitably applied to the scheduling of the ISO, reflecting its objectives and their allowable ranges properly. Thirdly, from market participants' point of view, models to represent and forecast the price and demand of power are developed. Electricity consumption and price are forecasted based on possibility theory and fuzzy autoregression. The fuzzy model can represent highly volatile demand-price relations as a range, and gives the possibility distribution of prices. Based on the proposed model, a procedure to help consumers decide whether to accept a bilateral transaction contract or market-based purchases of electricity has been developed. The same procedure can also be used by an electricity supplier or broker to determine an offering price.

  15. Decentralization and public services: the case of immunization.

    PubMed

    Khaleghian, Peyvand

    2004-07-01

    This study examines the impact of political decentralization on an essential public service provided in almost all countries: childhood immunization. The relationship is examined empirically using a time-series data set of 140 low- and middle-income countries from 1980 to 1997. The study finds that decentralization has different effects in low- and middle-income countries. In the low-income group, decentralized countries have higher coverage rates than centralized ones, with an average difference of 8.5 percent for the measles and DTP3 vaccines. In the middle-income group, the reverse effect is observed: decentralized countries have lower coverage rates than centralized ones, with an average difference of 5.2 percent for the same vaccines. Both results are significant at the 99 percent level. Modifiers of the decentralization-immunization relationship also differ in the two groups. In the low-income group, development assistance reduces the gains from decentralization. In the middle-income group, democratic government mitigates the negative effects of decentralization, and decentralization reverses the negative effects of ethnic tension and ethno-linguistic fractionalization, but institutional quality and literacy rates have no interactive effect either way. Similar results are obtained whether decentralization is measured with a dichotomous categorical variable or with more specific measures of fiscal decentralization. The study confirms predictions in the theoretical literature about the negative impact of local political control on services that have public goods characteristics and inter-jurisdictional externalities. Reasons for the difference between low- and middle-income countries are discussed.

  16. Prospects for the medium- and long-term development of China`s electric power industry and analysis of the potential market for superconductivity technology

    SciTech Connect

    Li, Z.

    1998-05-01

    First of all, overall economic growth objectives in China are concisely and succinctly specified in this report. Secondly, this report presents a forecast of energy supply and demand for China`s economic growth for 2000--2050. In comparison with the capability of energy construction in China in the future, a gap between supply and demand is one of the important factors hindering the sustainable development of Chain`s economy. The electric power industry is one of China`s most important industries. To adopt energy efficiency through high technology and utilizing energy adequately is an important technological policy for the development of China`s electric power industry in the future. After briefly describing the achievements of China`s electric power industry, this report defines the target areas and policies for the development of hydroelectricity and nuclear electricity in the 2000s in China, presents the strategic position of China`s electric power industry as well as objectives and relevant plans of development for 2000--2050. This report finds that with the discovery of superconducting electricity, the discovery of new high-temperature superconducting (HTS) materials, and progress in materials techniques, the 21st century will be an era of superconductivity. Applications of superconductivity in the energy field, such as superconducting storage, superconducting transmission, superconducting transformers, superconducting motors, its application in Magneto-Hydro-Dynamics (MHD), as well as in nuclear fusion, has unique advantages. Its market prospects are quite promising. 12 figs.

  17. 75 FR 63167 - San Diego Gas and Electric Company v. Sellers of Energy and Ancillary Services Into Markets...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-10-14

    ... Services Into Markets Operated by the California Independent System Operator Corporation and the California Power Exchange; Investigation of Practices of the California Independent System Operator and the...

  18. [Decentralization of the health sector in Latin America].

    PubMed

    Ugalde, A; Homedes, N

    2002-01-01

    This paper analyzes the Latin American experience of decentralizing health services within the context of health reform. We examine the meaning of the term decentralization and discuss the various modalities of this concept: geographical, institutional and functional. The objectives that, in general, these objectives have not been achieved. After reviewing the literature and drawing on our own fieldwork, we conclude that in many instances the Latin American decentralization programs have produced results opposite to those intended, i.e., these programs have increased inequality and the cost of services and have reduced efficiency and quality of care. We point out that existing information is insufficient to determine with exactitude whether the failure of decentralization is due to the selection of inappropriate policies or to failures in the implementation process. Decentralization is a complex political process, policy makers should decide on the modality of decentralization they wish to implement, estimate the costs, identify the potential obstacles that could surface during the implementation phase and provide solutions. We conclude by suggesting that the multilateral banks have erred by pressing governments to improvise the implementation of decentralization programs without taking into account the different historical, political and socioeconomic contexts.

  19. Energy and air emission implications of a decentralized wastewater system

    NASA Astrophysics Data System (ADS)

    Shehabi, Arman; Stokes, Jennifer R.; Horvath, Arpad

    2012-06-01

    Both centralized and decentralized wastewater systems have distinct engineering, financial and societal benefits. This paper presents a framework for analyzing the environmental effects of decentralized wastewater systems and an evaluation of the environmental impacts associated with two currently operating systems in California, one centralized and one decentralized. A comparison of energy use, greenhouse gas emissions and criteria air pollutants from the systems shows that the scale economies of the centralized plant help lower the environmental burden to less than a fifth of that of the decentralized utility for the same volume treated. The energy and emission burdens of the decentralized plant are reduced when accounting for high-yield wastewater reuse if it supplants an energy-intensive water supply like a desalination one. The centralized facility also reduces greenhouse gases by flaring methane generated during the treatment process, while methane is directly emitted from the decentralized system. The results are compelling enough to indicate that the life-cycle environmental impacts of decentralized designs should be carefully evaluated as part of the design process.

  20. Purchasing a decentralized medication management system.

    PubMed

    2006-03-01

    Decentralized medication management systems (DMMSs) are used in hospitals, long-term care facilities, prisons, outpatient clinics, surgery centers, and other places to manage the distribution of drugs. DMMSs consist of storage compartments for medications, with an internal computer that controls and records the administration of drugs. Some DMMSs are stationary cabinets and others are mobile carts. There have been important advances in DMMS technology since we evaluated these products in 1996, including enhanced computer memory and processing power, wider adoption of wireless networking, better user interfaces, and greater integration with other hospital information systems. To get the most out of a DMMS purchase or upgrade, facilities will need careful planning that involves assessing their own needs, selecting hardware and software configurations that meet those needs, and then choosing the right vendor and model. A properly selected DMMS can help to enforce medication distribution policies, prevent errors, and streamline processes.