The electric power industry has played an important role in the dramatic economic development in Korea, and electricity has become a critical factor sustaining the well-being of the Korean people. This study uses input–output analysis to investigate the role of the four electric power sectors (hydroelectric, fossil-fuels, nuclear and non-utility) in the Korean national economy for the period 19...

This paper presents the optimal scheduling of hourly consumption in a residential community (community, neighborhood, etc.) based on real-time electricity price. The residential community encompasses individual residential loads, communal (shared) loads, and local generation. Community-aggregated loads, which include residential and communal loads, are modeled as fixed, adjustable, shiftable, a...

Before restructuring in the electricity industry, the primary decision-makers of the electricity market were deemed to be power generation and transmission companies, market regulation boards, and power industry regulators. In this traditional structure, consumers were interested in receiving electricity at flat rates while paying no attention to the problems of this industry. This attitude was...

using a choice experiment survey, the marginal willingness to pay (wtp) among iranian households to avoid power outages is estimated. the results indicate that households prefer lower price of alternatives and the low duration and frequency of outages, and the factors of outage day, outage time and warning in advance of outage are important to households' preferences. moreover, the conditi...

existed electricity grids deliver produced power to the consumer passing through transmission and distribution grids. according to high losses of these grids in transmission level and inexistence of bilateral interaction for simultaneous information exchange, a concept of smart grids were made by capabilities such as consciously participation of consumers in the smart electricity grids, an amou...

The most popular way to improve consumers’ control over their electricity cost is by providing frequent and detailed feedback with “in-home displays” (IHD). In this study, we examined alternative ways to train experimental participants to control and optimize their use of electricity by “feedforward” training to map energy consuming behaviors to costs. The participants were trained in one of fo...

As the trend in electricity markets is strongly towards deregulation, new players, new rules and new behaviors will continue to emerge. Sellers will range from the traditional utility to the opportunistic broker, and endbuyers will have more possibilities to shop to get the best deal for their different energy needs. If a coalition of buyers can be worth, then it will be constituted. One of the...

A theory advanced in regulatory hearings holds that market performance will be improved if one side of themarket is forced to publicly reveal preferences. For example, wholesale electricity producers claim that retail electricity consumers would pay lower prices if wholesale public utility demand is disclosed to producers. Experimental markets studied here featured decentralized, privately nego...

S ince the late 197Os, more and more electric utilities have been running demand-side management (DSM) programs. By 1994, utility DSM programs cut potential summer peak demand by seven percent and annual electricity use by two percent nationwide. Much has changed since utility DSM programs were first proposed. Looking to the future, these changes will affect (1) the amounts of energy and demand...

Despite its status as a nature reserve, Wolong Nature Reserve (China) has experienced continued loss of giant panda habitat due to human activities such as fuelwood collection. Electricity, though available throughout Wolong, has not replaced fuelwood as an energy source. We used stated preference data obtained from in-person interviews to estimate a random utility model of the choice of adopti...