As the number of Plug-in Electric Vehicles (PEVs) increases, it is essential to control their charging schedules and spread the PEV load over time to reduce the energy generation and distribution costs due to this additional demand. Furthermore, due to the limited power capacity of the transmission feeders and the sensitivity of the mid-way distribution transformers to excessive load, it is cru...

Various methods of determining local prices for access to power on electricity grids have been proposed since deregulation became widespread. The aim of power regulatory authorities is to ensure fairness by restrictions on collusion. Nodal pricing is used in various transmission networks around the world but has a flaw in the opportunity it offers suppliers to exploit the nexus between historic...

It is argued that the Independent Sgstem Operator (ISO) should be able to adjust the securitg and dependability of the protection sgstem in response to the system and market conditions. However, the existing protection philosophy’s multiple, overlapping schemes tend to favor individual elements over the secun”t~ of the wide-area. We revisit the rare-probability, hidden failures embedded within ...

This paper studies the performance of Mobile Ad hoc Networks (MANETs) when the nodes, that form a Poisson point process, selfishly choose their Medium Access Probability (MAP). We consider goodput and delay as the performance metric that each node is interested in optimizing taking into account the transmission energy costs. We introduce a pricing scheme based on the transmission energy require...

A recent strategy carried out by the aircraft industry to reduce the total cost of the new generation fighters has consisted in the development of a single airframe with different technical and operational specifications. This strategy has been designed to reduce costs in the Research, Design and Development phase with the ultimate objective of reducing the final unit price per aircraft. This i...

In estimating the cost-effectiveness of diagnostic procedures, it is helpful to treat diagnostic information as a commodity with a unit price. The amount of useful information provided by a test result can be measured in binary units (bits), and the unit price of the information produced by the test result can be expressed in dollars per bit in much the same way that the price of gold is given ...

Transmission expansions can increase the extent of competition faced by wholesale electricity suppliers with the ability to exercise unilateral market power. This can cause them to submit offer curves closer to their marginal cost curves, which sets market-clearing prices closer to competitive benchmark price levels. These lower wholesale market-clearing prices are the competitiveness benefit c...