As climate concerns, low natural gas prices, and renewable technologies increase the electric power sector’s dependence on natural gas-fired power plants, operational and investment models for gas and electric power systems will need to incorporate the interdependencies between these two systems to accurately capture the impacts of one on the other. Currently, few hybrid gas-electricity models ...

The distribution grid for delivering electricity to the user has been paid for as part of the charge per kilowatt-hour that covers the cost of the energy itself. Conservation advocates have promoted the adoption of policies that “decouple” electric distribution company revenues or profits from how much electricity goes through the lines. Their motivation is that usage-based pricing leads utilit...

We are using machine learning to construct a failure-susceptibility ranking of feeders that supply electricity to the boroughs of New York City. The electricity system is inherently dynamic and driven by environmental conditions and other unpredictable factors, and thus the ability to cope with concept drift in real time is central to our solution. Our approach builds on the ensemble-based noti...

In this paper we present an analysis of the results of a study into wholesale (spot) electricity price forecasting with Support Vector Machines (SVM) utilising past price and demand data and Projected Assessment of System Adequacy (PASA) data. The forecasting accuracy was evaluated using Australian National Electricity Market (NEM), New South Wales regional data over the year 2002. The inclusio...

In this paper, we are interested in the online prediction of the electricity load, within the Bayesian framework of dynamic models. We offer a review of sequential Monte Carlo methods, and provide the calculations needed for the derivation of so-called particles filters. We also discuss the practical issues arising from their use, and some of the variants proposed in the literature to deal with...

Pumped-storage plants are the most significant electrical storage component in new power systems and show great potential for scaling up. In this paper, economic costs benefits have been investigated. Both can be divided into transmission distribution tariffs; however, various factors need to considered reduce tariffs. The cost characterization methodology pumped-storage has developed. A mathem...