In April 2003 the U.S. Federal Energy Regulatory Commission proposed the Wholesale Power Market Platform (WPMP) for common adoption by U.S. wholesale power markets. The WPMP is a complicated market design encompassing real-time, day-ahead, ancillary, and financial transmission rights markets. Variants of the WPMP have been adopted in various parts of the U.S. (e.g., New England), but other regi...

This investigation examines the economics of producing electricity from proton-exchange membrane (PEM) fuel cell systems under various conditions, including the possibility of using fuel cell vehicles (FCVs) to produce power when they are parked at office buildings and residences. The analysis shows that the economics of both stationary fuel cell and FCV-based power vary significantly with vari...

background and objectives: pharmaceutical expenditures are responsible for a major part of health systems’ cost. according to the who’s statistics, iran is the first among the 20 countries in the world in terms of drug consumption. the first step in controlling consumption of a particular good is to identify factor inducing the relevant demands. hence, this study aimed to identify the pattern a...

The objectives of this project are to develop (a) theory and method for planning hybrid (discrete, continuous) power system controllers, and (b) economic systems, applicable to power system energy markets, for incentivizing, recovering, and allocating costs of design and installation of such controllers. The paper reports on first year efforts which include (a) application of discrete-event sys...

after the collapse of the soviet :union: and the formation of a new world order, the nature of power changed from exclusively military to a combination of military, economic and political one; and consequently the new discourse of geo-economics emerged alongside the geo-politics. since then, most countries have tried to maximize their relative power positions in the international system by emph...