With the electricity market liberalization, the distribution and retail companies are looking for better market strategies based on adequate information upon the consumption patterns of its electricity customers. A fair insight on the customers’ behavior will permit the definition of specific contract aspects based on the different consumption patterns. The knowledge about how and when consumer...

......................................................................................................................................3 I. INTEGRATING DG/RE THROUGH INFORMATED, DECENTRALIZED ELECTRICITY NETWORKS.........................................................................................................4 OVERVIEW..........................................................................

A linear function submission-based double auction (LFS-DA) mechanism for a regional electricity network is proposed in this paper. Each agent in the network is equipped with a battery and a generator. Each agent simultaneously becomes a producer and consumer of electricity, i.e., a prosumer, and trades electricity in the regional market at a variable price. In the LFS-DA, each agent uses linear...

Demand Response (DR) programs under the umbrella of Demand Side Management (DSM) tend to involve end users in optimizing their Power Consumption (PC) patterns and offer financial incentives to shift the load at “low-priced” hours. However, users have their own preferences of anticipating the amount of consumed electricity. While installing an Energy Management System (EMS), the user must be ass...

In a competitive electricity market with substantial involvement of renewable electricity, maximizing profits by optimizing bidding strategies is crucial to different power producers including conventional power plants and renewable ones. This paper proposes a game-theoretic bidding optimization method based on bi-level programming, where power producers are at the upper level and utility compa...

Low-income households spend a substantial share of their income on utility services such as electricity, heating and water. The difficulty these socially vulnerable consumers have in affording further tariff increases is often used as an argument against tariff reform. However, detailed information on the utility expenditures of different consumer groups and the affordability implications of ta...

Growing demand is straining our existing electricity generation facilities and requires active participation of the utility and the consumers to achieve energy sustainability. One of the most effective and widely used ways to achieve this goal in the smart grid is demand response (DR), whereby consumers reduce their electricity consumption in response to a request sent from the utility whenever...

The computational world is becoming very large and complex. Cloud computing has emerged as a new paradigm of computing and also has gained attention from both academic and business community. Its utility-based usage model allows users to pay per use, similar to other public utility such as electricity, with relatively low investment on the end devices that access the cloud computing resources. ...

In this article we examine the effects of undesirable outputs on the Malmquist TFP indices. Our empirical work uses an unbalanced panel which covers 796 utility and non-utility coal-fired power plants in China during 1996-2002. In order to meet the requirement of a balanced panel for calculating the Malmquist indices, an innovative fake unit approach has been introduced. Our final results show ...

The paper presents an empirical model of the “make or buy” decision faced by independent power producers (IPPs) in restructured U.S. wholesale electricity markets. The model is applied to plant-level data that track the investment decisions of major IPPs from 1996 to 2000, yielding estimates of each firm’s investment cost and expected profit functions. The estimates are used to evaluate the eff...