This paper presents a multiperiod generalised network flow model used to analyse the economic interdependencies of integrated energy systems comprising the electric network and the various fuel supply and delivery systems, in a medium term operational time frame. By using a network flow programming model, one can take advantage of much faster solution procedures than standard linear programming...

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...

This paper reports on research being conducted by a combination of economists and electrical engineers at Cornell University who are examining potential auction institutions for restructured markets for electric power. As it is a report on developing results and analysis, the discussion remains general throughout. The research follows two related but independent strands. The first looks at the ...

Steady state contingency analysis aims at the assessment of the risk certain contingencies may pose to an electrical network. This is a particularly important task of network operators, especially as network stability issues become of prime importance in the current era of electricity deregulation. The article focuses on the analysis of experimental data that are produced through operating poin...