India seeks to achieve 175 Giga-Watt (GW) of Renewable power by 2022. As of December 2017, out of 333 GW of total installed capacity of electricity, close to 62GW come from renewable sources. Meeting the set targets calls for augmentation of renewable energy based capacities as expeditiously as possible. However, the sick financial health of the distribution companies/utilities, who act a...

Permanent magnet synchronous generators (PMSG) have a huge potential for direct-drive wind power applications. Therefore, optimal design of these generators is necessary to maximize their efficiency and to reduce their manufacturing cost and total volume. In this paper, an optimal design of a six-phase 3.5 KW direct-drive PMSG to generate electricity for domestic needs is performed. The aim of ...

The study aims at estimating reductions in energy penalty costs of a CO2 capture plant by exploiting price volatility in the electricity markets. The policy implication of this reduced abatement cost could be an increased penetration of Carbon Capture and Storage (CCS) in the future. 'Dispatchable CCS' offers the plant operator the option to choose a desired CO2 capture operating condition base...

BACKGROUND Activity based costing (ABC) is an approach to get insight of true costs and to solve accounting problems. It provides more accurate information on product cost than conventional accounting system. The purpose of this study was to identify detailed resource consumption for chest x-ray procedure. METHODS Human resource cost was calculated by multiplying the mean time spent by employ...

We characterize the optimal regulatory policy to promote demand response in the electricity sector. Demand response arises when consumers reduce their purchases of electricity in times of peak demand, when the utility’s marginal cost of supplying electricity is relatively high. The optimal policy differs systematically from the policy in the U. S. Federal Energy Regulatory Commission’s (FERC’s)...

Electricity demand is forecasted to double in 2035, and it is vital to address the economicsof electrical energy generation for planning purposes. This study aims to examine the applicability ofGravitational Search Algorithm (GSA) and the newly improved GSA (IGSA) for optimization of themixed-integer non-linear electricity generation expansion planning (GEP) problem. The performanceindex of GEP...

This paper expands a model different from existing models to analyze the cost and benefit of areinforced concrete solar chimney power plant (RCSCPP) built in the desert regions of Iran.Based on the model and some assumptions for values of parameters, this paper calculates totalnet present value (TNPV) and the minimum electricity price in each phase by dividing the wholeservice period into four ...

Britain was the exemplar of electricity market reform, demonstrating the importance of ownership unbundling and workable competition in generation and supply. Privatisation created de facto duopolies that supported increasing price-cost margins and induced excessive (English) entry. Concentration was ended by trading horizontal for vertical integration in subsequent mergers. Competition arrived...

Regulatory bodies in electricity sector are trying to find suitable methods to compensate the effects of cost reductions emerged from regulatory models used to control electricity distribution monopolies. Quality aspects have to be recognised also due to growing interest stemming from the customers. This paper describes the regulatory measures taken by several European regulators in order to im...