Generally the generation units in the traditional structure of the electricity industry try to minimize their costs. However, in a deregulated environment, generation units are looking to maximize their profits in a competitive power market. Optimum generation planning in such structure is urgent. This paper presents a new method of solving economic dispatch in the competitive electricity marke...

National energy planning has become increasingly complex owing to a pressing need to incorporate sustainability considerations. In this context, we applied least-cost and cost-risk optimization models to allocate energy sources for sustainable development in the Korean electric power generation industry. The least-cost model determined an electricity generation mix from 2012 to 2030 that incurs...

In the U.S., coal-based power generation is expanding again; in China, it is expanding very rapidly; and in India, it appears on the verge of rapid expansion. In all these countries and worldwide, the primary generating technology is pulverized coal (PC) combustion. PC combustion technology continues to undergo technological improvements that increase effi ciency and reduce emissions. However, ...

Against the background of depleting fossil resources and strongly desired cuts on CO2 emissions to mitigate global temperature rise the use of renewable energy conversion technologies is of ever increasing interest for decision makers around the globe. To provide an improved assessment of both technically and economically feasible contributions of these technologies a detailed analysis of the m...

The modern BioElectrochemical technologies can convert the energy stored in the chemical bonds of biodegradable organic materials to renewable electrical energy through the catalytic reactions of microorganisms while treating the waste waters. The present research was conducted to evaluate the efficiency of a single-chamber Bioelectrochemical system with the carbon aerogel catalyst, as a simple...

In this paper we explore the tradeoffs between thermal storage capacity, cost, and other system parameters in order to examine possible evolutionary pathways for thermal concentrating solar power (CSP) technologies. A representation of CSP performance that is suitable for incorporation into economic modeling tools is developed. We also combined existing data in order to estimate the global sola...

The diffusion of renewable electricity generating technologies is widely considered as crucial for establishing a sustainable energy system in the future. However, the required transition is unlikely to be achieved by market forces alone. For this reason, many countries implement various policy instruments to support this process , also by redistributing related costs among all electricity cons...

In a world with the need of climate protection through emission reduction, China’s domestic mitigation will be put on the national agenda. The large-scale deployment of innovative technologies induced by climate policies is a key determinant for reducing emissions in an effective and efficient manner. A distinguishing feature of the Chinese energy sector (especially electricity generation), is ...

This paper argues that the market rules governing the operation of a re-structured electricity market in combination with its market structure can have a substantial impact on behavior of marketclearing prices. Using evidence on the design of electricity markets in England and Wales, Norway, the state of Victoria in Australia and New Zealand, this paper illustrates that market structure and mar...

This paper argues that the market rules governing the operation of a re-structured electricity market in combination with its market structure can have a substantial impact on behavior of marketclearing prices. Using evidence on the design of electricity markets in England and Wales, Norway, the state of Victoria in Australia and New Zealand, this paper illustrates that market structure and mar...