Deregulating the Electric Utility Industry" Roger E. Bohn, Richard D. Tabors, Bennett W. Golub, Fred C. Schweppe Utility Systems Program MIT Energy Laboratory Many functions must be performed in any large electric power system. A specific proposal for a deregulated power system, based on a real-time spot energy marketplace, is presented and analyzed. A central T&D utility acts as a market maker...

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 relia...

Due to economic reasons arising out of deregulation and open market of electricity, modern day power systems are being operated closer to their stability limits. Power system voltage stability is one of the challenging problems faced by the utilities. Online voltage stability monitoring is becoming an integral part of the modern day Energy Management Systems (EMS). There has been works reported...

Market power assessment is a prime concern when designing a deregulated electricity market. In this paper, we propose a new functional market power measure, termed transmission constrained network flow TCNF , that takes into account an AC model of the network. The measure unifies three large classes of long-term transmission constrained market power indices in the literature: residual supply ba...

Niagara Mohawk's PowerChoice proposal has a central goal of creating competitive markets for electric power in the near term. PowerChoice would create an Independent System Operator (ISO) to manage load and, in addition, a competitive wholesale generation market in the form of a Power Exchange. The Power Exchange would operate in a manner similar to financial markets found around the world. By ...

Under the pressure of electric power industry deregulation, the approaches to many traditional power system problems are being reconsidered. Important concerns have arisen with regards to equipment condition monitoring, preventive maintenance and system reliability calculations. Approaches to condition monitoring and maintenance have historically been ad hoc tending to follow broad company guid...

Quality of power is becoming a very important requirement in the new, deregulated and restructured power industry [1]. The importance is associated both with a need to have a “cleaner” power delivery due to a variety of sensitive loads and with a goal to provide a premium service to gain a competitive edge. A major part of achieving higher quality of power is the ability for assessing the quali...

The power systems main emphasis is to provide a reliable and economic supply of electrical energy to the customers (Billinton & Allan, 1996). A real power system is complex, highly integrated and almost very large. It can be divided into appropriate subsystems in order to be analyzed separately (Billinton & Allan, 1996). This research deals with generation reliability assessment in power pool m...