EU Member States are pursuing large scale investment in renewable generation in order to meet a 2020 target to source 20% of total energy sources by renewables. As the location for this new generation differs from the location of existing generation sources, and is often on the extremities of...

The mathematical formulation of a strategic Eurasian natural gas market model is presented. The model represents horizontal oligopolistic relationships among producers, bilateral market power between producer (Russia) and transit (Ukraine) countries, detailed transport constraints, and operation...

During the past 15 yr, electric utilities have learned that forecasts of demands and costs are highly uncertain. Here, a decision tree analysis is performed of the risks in fuel expenses, construction costs, purchased power availabilities, and demands which face three U.S. utilities. In terms of...

We develop a framework to assess and quantify the sustainability and reliability of different power production scenarios in a regional system, focusing on the interaction of microgrids with the existing transmission/distribution grid. The Northwestern European electricity market (Belgium,...