Energy storage is one of the hot points of research in electrical power engineering as it is essential in power systems. It can improve power system stability, shorten energy generation environmental influence, enhance system efficiency, and also raise renewable energy source penetrations. This...

In the analysis of time series of blackouts a powerlaw dependency of blackout size with respect to frequency hasbeen observed. It has been hypothesized that this behaviour is theresult of the power system operating near critical points. Modelshave been created in order to analyze this type of...

In this paper, a methodology for solving the ED (economic dispatch) problem considering the uncertainty of wind power generation and generators reliability is presented. The corresponding PDF (probability distribution function) of available wind power generation is discretized and introduced in...

Renewable power generation development, most notably for wind and solar, has taken off at a rapid pace in India especially in the last 4 years. While these developments have many positive aspects, a rapid shift in balance of baseload and intermittent generation must be assessed carefully to...

This paper proposes a long-term electricity market analysis framework to assess the impacts of the demand response and smart metering infrastructure implementation on market price fluctuations and system reliability. Based on the probabilistic production cost simulation method that has been...

The paper presents a new method for reliability investment decisions when a reward/penalty scheme is applied to the regulation of (distribution system operators) DSOs. The method was developed in order to facilitate the transition from (cost-based regulation) CBR to (performance-based...

In restructured electric power industries around the world, power pool designers have enabled generators to earn revenues consisting of energy and capacity payments. This paper discusses uses and abuses of capacity payments, and links provision of these payments to the issue of pricing...