This paper addresses a comprehensive efficiency evaluation model for electrical distribution system. Concerning the efficiency of different resources including energy, infrastructure and human resources, the overall distribution system efficiency is determined on the basis of relevant efficiency...

In this paper, a Cournot game in an oligopolistic market with incomplete information is considered. The market consists of some producers that compete for getting higher payoffs. For optimal decision making, each player needs to estimate its rivals’ behaviors. This estimation is carried out...

This paper proposes a new nonlinear sliding surface for a terminal sliding mode (TSM) controller to achieve robustness and high performance tracking for the disturbed MIMO systems. The proposed method improves the transient performance and steady state accuracy in a finite time simultaneously....

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...

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...