Demand response has gained significant attention in recent years as it demonstrates potentials to enhance the power system’s operational flexibility in a cost-effective way. Industrial loads such as aluminum smelters, steel manufacturers, cement plants, and air separation units demonstrate advantages in supporting power system operation through demand response programs, because of their intensi...

Many US states rely on energy efficiency goals as a strategy to reduce CO2e emissions and air pollution, to minimize investments in new power plants, and to create jobs. For those energy efficiency interventions that are cost-effective, i.e., saving money and reducing energy, consumers may increase their use of energy services, or re-spend cost savings on other carbonand energy-intensive goods ...

Traditionally, most consumers of electricity pay for their consumptions according to a fixed rate. With the advancement of Smart Grid technologies, large-scale implementation of variable-rate metering becomes more practical. As a result, consumers will be able to control their electricity consumption in an automated fashion, where one possible scheme is to have each individual maximize its own ...

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...

This paper presents an energy management strategy to supply residential load by hybrid fuel cell power plant (FCPP). Economical fuel cell (FC) model includes thermal load, local electrical load, operational cost, startup cost and different tariffs on electricity during the day hour is discussed.  Several Strategies have been presented for supplying residential load (electrical and thermal loads...

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...

17 T he NEA carries out economic studies on a regular basis to assist member countries in their own assessments in support of decision making for the power sector. As part of the studies carried out under the NEA Nuclear Development Committee, several computer tools have been used to calculate the costs of electricity generation, their various elements and their sensitivity to different paramet...

Future energy systems and thus the climate are affected by many factors, such as energy resources, energy demand, energy policy and the choice of energy technologies. Energy systems of the future are facing three main challenges; the steady growth of global energy demand, the energy resource depletion, as well as the increasing emissions of carbon dioxide (CO 2) and other greenhouse gases and t...