The British government is implementing fully its novel Electricity Market Reform (GB EMR). Its objective, in line with European directives, aims at replacing existing nuclear and coal plant with low-carbon systems, to deliver reliable and affordable power. Though the GB EMR has proposed several...

Global biofuel consumption has been growing in recent years as different countries worldwide have been exploring alternatives and complements to gasoline and diesel fuel for transport. This is due to a hike in oil prices and their increasing volatility as well as both a high dependence of the...

Electricity market integration of high- and low-price areas is expected to bring benefits to the consumers in a high-price area. However, these potential benefits are highly dependent on the market characteristics and the policy interventions. We use simulation to study the effects of different...

The integration of electricity markets creates new challenges to the regulators in their commitment to guarantee security of supply at affordable prices. Even at a national level, designing policies for electricity markets is an extremely complex task; but this is exacerbated in the case of...

Despite significant progress in energy technology, about two billion people worldwide, particularly the poor in rural areas of developing countries, have no access to electricity. Decision-making concerning the most appropriate energy technology for supplying these areas has been difficult;...

A methodology is developed to estimate the chord distribution airfoil and blade twist along the radius of the blade by using axial and angular moment conservation equations, blade element theory and optimization processes. This methodology takes into account the concept related with getting wind...

We illustrate and discuss the use of a computer-based learning environment, known as a microworld, for training agents in the Colombian electricity market. As the market operator was concerned with efficiency in the electricity spot market because of an insufficient number of participants, they...