this paper presents a framework for long term transmission expansion planning in competitive, electricity markets. transmission lines and phase shifters are taken into account as expansion options. maximization of the network users' benefits, with satisfying security constraints are considered as the criterion for transmission expansion planning. the elements of the objective function are the...

Electricity price predictions have become a major discussion on competitive market under deregulated power system. But, the exclusive characteristics of electricity price such as non-linearity, non-stationary and time-varying volatility structure present several challenges for this task. In this paper, a new forecast strategy based on the iterative neural network is proposed for Day-ahead price...

the study of entrepreneurial orientation concept and codifying a proper strategy to improve the performance of companies has a great importance as the companies have allocated more product market share to themselves by representing new and unique products according to customers’ requirements. the purpose of this study is to examine the impact of entrepreneurial orientation and competitive strat...

This is a project report from the Power Systems Engineering Research Center (PSERC). 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 ...

Trade market power serves as a significant indicator of pricing within the trade market. This paper aims to examine structure global forage from 1997 2020 and assess exporters in major importing countries, namely Japan, China, South Korea, by utilizing an extended G-K model based on theory residual elasticity demand. The findings this analysis provide several key insights. Firstly, it is reveal...

The main business of an investment company is to hold and manage securities for investment purposes. In today competitive market Pricing and its methodology are complicated motions. It is very important to define a price that can prevail the competition in an open and free market. In order to define the price certain circumstances should be considered. In the academic arena there have been seve...

pioneering in a dynamic environment is among the issues which most of the organizations, especially knowledge-based institutions will encounter. for using and exploiting the opportunities and also for overcoming threats, there should exist some innovations in the modern technologies domain. therefore, for fulfilling this important issue, organizations are required to monitor inside and outside ...

The introduction of competition in the electricity sector around the globe is aimed at improving efficiency in production, transmission and distribution of electrical energy. Privatization and deregulation in this sector are also intended to attract players and investments in the markets as well as to ensure competitive electricity price. This paper presents the use of an agent-based simulation...

In today's competitive market, quality has an important role in manufacturing system. The manufacturers attempt to maintain their production system in a proper condition to produce high quality products. One of the key factors to achieve this goal is maintenance policy. Most studies on maintenance focused on machines and less attention has been paid to human resources as the most important fact...

The main goal of MASCEM – Multi-Agent Simulator of Competitive Electricity Markets, is to give electricity market entities a tool to support their decisions and to obtain knowledge about market behaviour and evolution. Intelligent agents with strategic behaviour represent entities from electricity markets. In this paper we propose some illustrative scenarios to explain and take some conclusions...