In this paper, a weighted combination of different demand vs. price functions referred to as Composite Demand Function (CDF) is introduced in order to represent the demand model of consuming sectors which comprise different clusters of customers with divergent load profiles and energy use...

In this paper, a virtual power market model is proposed to investigate the behavior of power market players from regulator's point of view. In this approach, strategic players are modeled in a multi-agent environment. These agents which are virtual representative of actual players forecast the...

A market regulator is considered to increase the market efficiency and hence several regulations are tried to achieve this target. In many of such regulations, special conditions of renewable energies have been introduced. Accordingly, it is observed that some changes in regulations may have...

In this paper, an asset-management model is proposed to address challenges facing regulators, managers, and operators of public-lighting systems and suggest optimal performance strategies. A new method is presented to estimate the failure rate of lamps based on the normal distribution function....

Nowadays subsidy payments on electrical energy have to be managed and controlled to prevent any side effect particularly in developing countries. Effects of some external factors on Energy consumption and electricity distribution indices are analyzed in this paper. External factors are...

Long term load management (LTLM) is one of the key factors in making decisions regarding new investments in distribution systems. However, none of the previous studies have investigated the effect of external factors such as governance, urban planning and social behavior factors on LTLM. In this...

This paper provides a technique to derive the bidding strategy in the day-ahead market for a large consumer that procures its electricity demand in both day-ahead market and a subsequent adjustment market. It is considered that hourly market prices are normally distributed and this correlation...

In the competitive electricity market, consumers seek strategies to meet their electricity needs at minimum cost and risk. This paper provides a technique based on Information Gap Decision Theory (IGDT) to assess different procurement strategies for large consumers. Supply sources include...