Introduction During the pioneering days of the electric utility industry, it was believed that utilities were natural monopolies, meaning that one utility could service a geographic area more cheaply than any combination of smaller utilities. More recently, the economic viability of transferring or wheeling electricity over long distances, the development of small-scale generators and efficient...

In this study, thermodynamic and economic analysis of a photovoltaic electricity generation system (PVEGS) with and without self-cleaning panels is reported. In the first part, thermodynamic analyses are used to characterize the performance of the system. In the second part, the economic comparison of photovoltaic electricity generation with and without self-cleaning panels is carried out for a...

One way to reduce greenhouse gas emissions from the transportation sector is to replace fossil fuels by biofuels. However, production of biofuels also generates greenhouse gas emissions. Energy and greenhouse gas balances of transportation biofuels suitable for large-scale production in Finland have been assessed in this paper. In addition, the use of raw materials in electricity and/or heat pr...

Higher renewables penetration reduces the incentive of conventional electricity generators to sell forward production. This can undermine the role of forward contracting in mitigating market power. More renewable energy raises wholesale electricity prices in states of the world where its capacity utilization is low due to intermittency.

This work deals with strategy optimization for electricity producers. We consider two types of auctions used to maintain the real–time ballance for production and consumption of electricity. For both auction types, we calculate the market equilibrium and discuss its properties.

............................................................................................................................... 1 INTRUDUCTION ...................................................................................................................... 2 ANAEROBIC DIGESTER GAS-TO-ELECTRICITY PROCESS............................................. 2 THE ADG-TO-ELECTRICITY PROGRAM INCENTIVE...

1 Department of Electrical, Electronic and System Engineering, Faculty of Engineering and Built Environments, University Kebangsaan Malaysia, Bangi, Selangor 43600, Malaysia; [email protected] (M.A.H.); [email protected] (A.M.) 2 Ministry of Electricity, General Company of Electricity Production Middle Region, Baghdad 10001, Iraq * Correspondence: [email protected]; Tel.: +60-111-1855-441 † These...

A payment cost minimization (PCM) auction has been proposed to solve the problem of inflated wholesale electricity prices. In the electricity industry, where even small changes in $/MW are worth tens of millions of dollars, it is highly important that policy makers have a good understanding of the tradeoffs and impacts of new institutional rules. In this paper we examine efficiency performance ...