This paper analyzes the Philippine electric power industry. First, it gives a brief history of the industry. Second, it assesses the interaction between the electric power industry and the Philippine economy. Third, it describes the structure of the industry as well as its major players. Fourth, it examines the industry’s legal and regulatory framework. And fifth, it discusses the problems and ...

Over the past several decades, the electric power industry in the US and in several other countries has been undergoing a fundamental transformation due to deregulation. This transformation has been accompanied by an increase in the number of market participants and changes to the electricity flow patterns with system reliability being increasingly difficult to maintain. The occurrence of sever...

Abstract: A supply chain network perspective for electric power production, supply, transmission, and consumption is developed. The model is sufficiently general to handle the behavior of the various decision-makers, who operate in a decentralized manner and include power generators, power suppliers, the transmitters, as well as the consumers associated with the demand markets. The optimality c...

Transmission network expansion planning (TNEP) is an important component of power system planning. It determines the characteristics and performance of the future electric power network and influences the power system operation directly. Different methods have been proposed for the solution of the static transmission network expansion planning (STNEP) problem till now. But in all of them, STNEP...

In an electric power system, spinning reserve requirements can be determined by using deterministic and/or probabilistic measures. Although deterministic methods are usual in many systems, application of probabilistic methods becomes increasingly important in the new environment of the electric power utility industry. This is because of the increased uncertainty associated with competition. In ...

This paper discusses various approaches to risk analysis of infrastructure systems. The discussion is applied to electric power delivery systems, i.e. transmission and distribution of electric power, with an emphasis on the electric power grid in Sweden. In reviewing a number of the methods of risk analysis, it is concluded that methods from the systems safety and reliability discipline can to ...

This paper discusses various approaches to risk analysis of infrastructure systems. The discussion is applied to electric power delivery systems, i.e. transmission and distribution of electric power, with an emphasis on the electric power grid in Sweden. In reviewing a number of the methods of risk analysis, it is concluded that methods from the systems safety and reliability discipline can to ...

The Economic Load Dispatch (ELD) problems in power generation systems are to reduce the fuel cost by reducing the total cost for the generation of electric power. This paper presents an efficient Modified Firefly Algorithm (MFA), for solving ELD Problem. The main objective of the problems is to minimize the total fuel cost of the generating units having quadratic cost functions subjected to lim...

Facing the recent growing concern about the environment and electric power crisis triggered by the Great East Japan Earthquake, efficient use of energy has become an important issue. A smart grid that is a next-generation electric power network is expected to be one of the solutions and to form an enormous market. Aiming to enter this new smart grid market, Sumitomo Electric Industries, Ltd. es...