In recent years, the power systems of many countries have been restructured. Different models of electricity market emerged. A simulator that can serve as an educational tool, an evaluation tool, and a training tool would especially be useful for countries that are contemplating restructuring. A power market has significant requirements on platform independent and interactive capabilities, In t...

On March 1, 2000, Maine will offer electric power through open competition, a restructuring that poses both advantages and disadvantages to residential and small retail consumers in Maine. While electric restructuring in Maine has been thoughtfully developed, the basic question of whether electricity rates will be lower for the average consumer will remain uncertain for some time. This uncertai...

Due to the ever-growing load, especially peak load, the increase in the capacity of plants is inevitable for the response to this growth. Peak load causes increases in customer costs and vast investments in generating and transmission parts. Therefore, restructuring in the electrical industry, competition in the electrical market and Demand Response Programs (DRPs) are of special importance in ...

Indian power system is now a national grid with 156GW of grid capacity and approximately 19.5GW of captive generation. It has passed the horrible operation phase of last decade of the twentieth century. Though the growth rate of capacity is still trying to chase the growth rate of the load since very long but the operation and control of the system has became smooth. The obvious credit goes to ...

Since last few decades, electric supply industry is undergoing restructuring all over the world. Restructuring has brought organizational and operational changes by by the virtue of which Electricity has now become a commodity and regulated cost based electric power system is converted into price based liberalized power market. Under this competitive power market environment, number of market p...

This paper uses a survey of 3,300 firms in 25 transition countries to shed light on the factors that influence restructuring by firms and their subsequent performance as measured by growth in sales and in sales per employee over a three-year period. We begin by surveying what a decade of transition has taught us about the factors that determine how firms respond to the new market environment. W...

PSERC is a multi-university Center conducting research on challenges facing a restructuring electric power industry and educating the next generation of power engineers. More information about PSERC can be found at the Center's website: Notice Concerning Copyright Material PSERC members are given permission to copy without fee all or part of this publication for internal use if appropriate attr...