deregulation policy has caused some changes in the concepts of power systems reliability assessment and enhancement. in this paper, generation reliability is considered, and a method for its assessment using intelligent systems is proposed. also, because of power market and generators’ forced outages stochastic behavior, monte carlo simulation is used for reliability evaluation. generation reli...

Regulatory reform in the Nordic electricity-supply markets has resulted in a single integrated Nordic electricity market. This paper performs an econometric study of market power in the spot market of Nord Pool, the joint Nordic power exchange. I use a dynamic extension of the Bresnahan-Lau model, and weekly data for the period from 1996 through April 1999. To my knowledge, this is the first st...

The main objective of this paper is to evaluate the structure of the Iranian banking system and to measure the market power factor based on the Boone approach. In this paper, we investigated the Iranian organized money market, including 18 banks operating in the period of 2008-2015. To calculate the marginal cost (MC), we used a Translog Stochastic Frontier Cost Function. Findings based on the ...

This paper presents a framework to carry out an novel method based Optimal Power Flow (OPF) for transmission congestion management in deregulated power system using Thyristor Controlled Series Capacitor (TCSC) and Generation Rescheduling. In the deregulated environment, some generators may not be willing to participate in the congestion management process for their own economic interest or some...

With the increasing use of different types of auctions in market designing, modeling of participants’ behaviors to evaluate the market structure is one of the main discussions in the studies related to the deregulated power industries. In this article, we apply an approach of the optimal bidding behavior to the Iran wholesale electricity market as a restructured electric power industry and mode...

in this paper, first, a new criterion, titled “surplus percent of the customers” is defined for static transmission expansion planning in restructured power systems. then by a simple example, the new criterion is compared with some already presented market-based criteria and it is shown that the new criterion can realistically evaluate the transmission network expansion from the market view. in...