As a matter of course, power market uncertainties escalation is by product of power industry restructure on one hand and the unrivalled penetration of renewable energies on the other. Generally, the decision making process in such an uncertain environment faces with different risks. In addition, the performance of real power markets is very close to oligopoly markets, in which, some market play...

Among the several wind generation technologies, variable-speed wind turbines utilizing doubly fed induction generators (DFIG) are gaining momentum in the power industry. Increased penetration of these wind turbine generators displaces conventional synchronous generators which results in erosion of system frequency. With this assertion, the paper analyzes the dynamic participation of DFIG for fr...

abstract efficacy of encouraging and punishing policies of government in different markets is related to market power. study of market behavior is also important for efficient structuring of tools such as commodity exchanges and cooperatives. in this study, market power structure of pistachio domestic market in iran was investigated. sample was 343 pistachio producers and 252 pistachio traders ...

INTRODUCTION A nation contemplating the restructuring of an infrastructure industry, and/or the market within which it operates, must make a concurrent decision regarding the nature of the regulatory regime that will be superimposed on the restructured industry. This decision is essential while making a choice of whether to have state ownership to investor ownership, or whether to retain a mono...

Various electricity reforms have been adopted by a number of countries within the last 2 decades. Turkey, as one of those countries, has restructured its electricity market and intensively privatized the distribution companies. As one of the main targets of the liberalization efforts in the sector was announced to be reduced consumer prices, it is a matter of interest to look at the related dev...

Introduction This comment addresses the recently proposed rules for transmission investment and transmission cost allocation (TCA) as offered for the restructured electricity market in New England. The basic theme is that the TCA proposal is both inconsistent with the new market design in New England and not supported by the TCA proposal’s own analysis. Rather, the TCA proposal reflects an earl...

Recently several robust control designs have been proposed to the LoadFrequency Control (LFC) problem. However, the importance and difficulties in the selection of weighting functions of these approaches and the pole-zero cancellation phenomenon associated with it produces closed loop poles. Also the order of robust controllers is as high as the plant. This gives rise to complex structure of su...

With the advent of restructured electricity markets a contentious market design issue has been whether unit commitment decisions should be made centrally by the system operator or by individual generators. Although a centrally committed market can, in theory, determine the most efficient commitment, they have been shown to suffer some equity and incentive problems. A self-committed market can o...

With the development of restructured power markets, profit-making competitive business environment has emerged. help different advanced technologies, generating companies are taking decisions regarding trading electricity with imperfect information about marketing operating conditions. The forecasting market clearing price (MCP) is a potential issue in these markets. Early on MCP can be proven ...