The cost and revenue earnings potential of alternative power generation sources has shifted considerably in recent years. Here we introduce the concept Levelized Profit Margins (LPM) to capture changing unit economics both intermittent dispatchable technologies. We apply this framework context California Texas wholesale markets. Our LPM estimates indicate that solar photovoltaic wind have subst...

• Its geographical market definition accounts only for a factor that is no longer relevant and for none of the factors that matter in a competitive market. • Its use of uncommitted-shares registers more market power when the market itself is more competitive and less market power when it is less competitive. Thus it often reads in reverse the impact of the market on the applicant. • It takes no...

This paper presents a Imperialist Competitive Algorithm (ICA) to seek the optimal number and location of FACTS devices in a power system. Unified Power Flow Controller (UPFC) has great flexibility that can control the active and reactive power flow and bus voltages, simultaneously. Decoupled model of the UPFC is applied to maximize the system loadability subject to the transmission line capacit...

This paper uses laboratory methods to evaluate determinants of supra-competitive pricing. The experiment involves three treatments, each with the same market supply, demand, and competitive price. In the baseline treatment, capacity is divided among five sellers so that the competitive price is a Nash equilibrium. Market power is created in a second treatment by reallocating capacity among the ...

In this paper, the optimal design of supplementary controller parameters of a unified power flow controller (UPFC) to damp low-frequency oscillations in a weakly connected system is investigated. The individual design of the UPFC controller, using the imperialist competitive algorithm (ICA) technique over a wide range of operating conditions, is discussed. The effectiveness and validity of the ...

In electric power systems, power cable operation under normal conditions is very important. Various cable faults will happen in practical applications. Recognizing the cable faults correctly and in a timely manner is crucial. In this paper we propose a method that an annealed chaotic competitive learning network recognizes power cable types. The result shows a good performance using the support...