Modern power systems involve large amount of investment. An electric power system comprises of generation, transmission and distribution of electric energy. Growth of power systems has lead to very complex networks extended across large areas. In such situations, the proper functioning of a modern power system is heavily dependent upon the healthy operation of the transmission lines within it. ...

with the development of restructured power systems and increase of prices in some hours of day and increase fuel price, demand response programs were noticed more by customers. demand response consists of a series of activities that governments or utilities design to change the amount or time of electric energy consumption, to achieve better social welfare or some times for maximizing the benef...

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...

Although significant private investment is absorbed in different sectors of power systems, transmission sector is still suffering from appropriate private investment. This is because of the pricing policies of transmission services, tariffs, and especially for investment risks. Investment risks are due to the uncertain behaviour of power systems that discourage investors to invest in the transm...

Electric power network is a fundamental facility in modern society. The importance to ensure and enhance the security of the power network can never be over emphasized. In this paper, we study how the topology of a power network restricts the security. By focusing on the power balanced condition which is necessary for the security after line outage contingencies, we show that a practical power ...

Flexible AC Transmission Systems (FACTS) devices have shown satisfactory performance in alleviating the problems of electrical transmission systems. Optimal FACTS allocation problem, which includes finding optimal type and location of these devices, have been widely studied by researchers for improving variety of power system technical parameters. In this paper, a DIgSILENT-based Discrete Parti...

Today, the electricity power system is the most complicated engineering system has ever been made. The integrated power generating stations with power transmission lines has created a network, called complex power network. The reliability estimation of such complex power networks is a very challenging problem, as one cannot find any immediate solution methods in current literature. In this pape...

Abstract: In this paper, we develop a novel electric power supply chain network model with fuel supply markets that captures both the economic network transactions in energy supply markets and the physical network transmission constraints in the electric power network. The theoretical derivation and analysis are done using the theory of variational inequalities. We then apply the model to a spe...