There is an obvious attraction to on-grid residential solar PV installations as the cost of solar PV systems decrease [1, 2, 3, 7], the cost of utility electricity increases [2, 3], Eskom’s reserve margin reduces [2], and environmental and sustainability awareness among electricity users increases [3]. EGs in the form of residential or commercial solar PV can also derive income when their gener...

Electricity is cited as one of the biggest impediments to firm growth in developing countries. In the World Bank Enterprise Survey (2006), 35.2% of Indian firms list electricity as the single biggest obstacle to business and report that power outages result in losses equivalent to 6.6% of annual sales. However, some businesses can adjust their means of production to cope with electricity shorta...

Identifying the factors that influence electricity demand in the continental United States and mathematically characterizing them are important for developing electricity consumption projections. The price elasticity of demand is especially important, since the electricity price effects of policy implementation can be substantial and the demand response to policy-induced changes in prices can s...

The possibility of generating electricity with microbial fuel cells has been recognized for some time, but practical applications have been slow to develop. The recent development of a microbial fuel cell that can harvest electricity from the organic matter stored in marine sediments has demonstrated the feasibility of producing useful amounts of electricity in remote environments. Further stud...

This paper gives a brief overview about electricity consumption optimization based on consumption profiles of electricity prosumers that are connected to smart grids. The main object of this approach is identification of informatics solutions for electricity consumption optimization in order to decrease electricity bill. In this way, larger scale integration of renewable energy sources is allow...

In a competitive electricity market environment, power producers and consumers need, on one hand, accurate load and/or electricity consumption forecasting tools. These tools will ensure an a-priori knowledge on the amount of energy needed for production. On the other hand, forecasting electricity prices, may play a very important role for producers and consumers when planning bidding strategies...

This paper proposes a smart grid solution for the electricity needs of North and East Sri Lanka (NE-SL); the solution proposed in this paper is a collection of smaller and greener electricity generators, geographically dispersed throughout the NE-SL region. At present, electricity is not available in most of the NE-SL due to the civil war. There is practically no electricity production and dist...

Electricity markets are systems for affecting the purchase and sale of electricity using supply and demand to set energy prices. Electricity can be traded in organized markets or by negotiating forward bilateral contracts. Demand response (DR) refers to participation by customers in electricity markets, seeing and responding to prices as they change over time. Customers may adopt several basic ...

Recent reforms in the Turkish electricity sector since 2001 aim to introduce a tariff system that reflects costs. This is expected to affect the production and consumer prices of electricity. The changes in electricity prices are then reflected in production costs in other segments of the economy. Subsequently, producer and consumer prices will be affected. The potential impact of the changes i...

Forecasting prices in electricity markets is critical for consumers and producers in planning their operations and managing their price risk. We utilize the generalized autoregressive conditionally heteroskedastic (GARCH) method to forecast the electricity prices in two regions of New York: New York City and Central New York State. We contrast the one-day forecasts of the GARCH against techniqu...