In this paper the problem of modeling electricity price dynamics in deregulated energy markets is studied. Since the nature of customers' energy consumption, market participants' strategic behavior and the power system reliability indices are stochastic processes, the electricity price model will be stochastic as well. In our analysis the price of electricity is modeled based on the customers' ...

Energy usage, dependability of energy supply and climate change are important topics in society. Today, a number of trends can be recognized in the electricity consumption and generation. On the one hand, the electricity consumption increases and becomes more žuctuating. is is caused by increasing economic activity and prosperity, but also by a shiŸ towards more electricity supplied devices, fo...

Electricity is one of the fundamental necessities of the human being which is commonly used for industrial, domestic and agricultural purposes, therefore problem arises when we distribute this electricity and cannot work beyond the meter readings. With the advent of time technology has provided tremendous advancements on its consumption, generation and distribution, one such area for its improv...

When regulating GHG emissions at the country or product level, it is critical to determine the GHG emissions from electricity consumption. In this study, we calculated production-based and consumptionbased CO2 emission intensities of electricity for the OECD (the Organisation for Economic Co-operation and Development) countries during 1990e2008. We examined the impact of annual development, all...

Although many studies of electricity generation use national or state average generation mix assumptions, in reality a great deal of electricity is transferred between states with very different mixes of fossil and renewable fuels, and using the average numbers could result in incorrect conclusions in these studies. We create electricity consumption profiles for each state and for key industry ...

This paper aims to investigate the socio-economic, dwelling and appliance related factors that have significant or non-significant effects on domestic electricity consumption. To achieve this aim, a comprehensive literature review of international research investigating these factors was undertaken. Although papers examining the factors affecting electricity demand are numerous, to the authors’...

The use of electricity has a significant impact on the environment, energy distribution costs, and management since it directly impacts these costs. Long-standing techniques have inherent limits in terms accuracy scalability when comes to predicting power usage. It is now feasible properly anticipate using previous data thanks improvements machine learning techniques. In this paper, we provide ...