In China, many ongoing problems in the electricity sector can be traced back to the old ‘centrally planned’ economy. Since the start of liberalization in the 1980s, the clash between a liberalized economy (excluding a few so-called strategic industries) and a centrally controlled electricity industry has gradually become more and more apparent. The Chinese electricity industry is in need of con...

South Africa has undergone major political, social and economic changes during the past two decades. Partially, as a result of these, the country has begun to experience serious electricity supply shortages [1] and critical energy predicaments. The electricity crisis in 2008 was, among others, attributed to the mismatch between the supply and the demand for electricity and affected the whole ec...

Nowadays, utilization of renewable energies for satisfying electricity demand has received more interest, and renewable electricity generation has been growing in the world. This study addresses the operational planning of a renewable electricity supply chain over a multi-period planning horizon. The purpose of this study is to maximize total profit and to optimize the operational decisions rel...

Purpose – The purpose of this paper is to explore the use of the purchase power of the higher education system to catalyze the economy of scale necessary to ensure market competitiveness for solar photovoltaic electricity. Design/methodology/approach – The approach used here was to first determine the demand necessary to construct “Solar City factories”, factories that possess equipment and pro...

Electricity prices are known to be very volatile and subject to frequent jumps due to system breakdown, demand shocks, and inelastic supply. As many international electricity markets are in some state of deregulation, more and more participants in these markets are exposed to these stylised facts. Appropriate pricing, portfolio, and risk management models should incorporate these facts. Authors...

BACKGROUND Ghana is currently experiencing electricity supply crisis that is believed to have some impact on the mental wellbeing of the population, especially among university students that have become increasingly dependent on uninterrupted electricity supply to fully function academically. There is no known study that explores the link between infrequent electricity supply and generalized an...

One of the effective methods for improving the efficiency of an organization is benchmarking against successful organizations. Not only benchmarking could be a technique for identifying problems but also it greatly helps managers in relations of the design of processes. Among strategic and infrastructure industries in each country, the electricity industry is one of the most important and criti...