Since the early 1990s, an increasing number of countries worldwide have liberalized their electricity power sectors. Contrary to before, when power sectors were not open to competition and prices were set by regulators according to the cost of generation, transmission and distribution, electricity prices are now determined by an equilibrium of supply and demand. On one hand, electricity contrac...

The power theft monitoring is an important research in electric power system, and electricity-stealing prevention became a big problem to the electricity board. based on the kind of electricity-stealing and actual demand of prevention of stealing electricity, the equipment of electricity-stealing with remote monitoring is designed, with PIC microcontroller as the control core. In this the stand...

one of the most important issues about production structure and measurement of factors utilization in industry is the study of substitutability among the production factors. while, energy, for its particular features like finite and the direct relationship between energy usage and air pollution; and specifically abundance of energy resources and allocation of subsidies to different energy carri...

This paper analyzes the absolute convergence of urban electricity productivity in China during 1990–2011, applying Spatial Error Smooth Transition Auto-regression Model, and examines the spatial effect in convergence process. Then it analyzes the stage characteristics of electricity productivity convergence during the process of electricity market reformation and the conditional convergence whi...

Electricity demand varies daily, weekly, and seasonally. The cost and price of electricity to meet the peak demands can be an order of magnitude greater or more than the cost and price of electricity at times of minimum demand. Nuclear systems are capital intensive, with low operating costs relative to those for most other methods used to produce electricity; thus, nuclear energy is most compet...

Abstract- In a typical competitive electricity market, a large number of short-term and long-term contracts are set on basis of energy price by an Independent System Operator (ISO). Under such circumstances, accurate electricity price forecasting can play a significant role in improving the more reasonable bidding strategies adopted by the electricity market participants. So, they cannot only r...

This thesis studies electricity derivative markets from a view point of an electricity producer. The traditionally used asset pricing methods, based on the no arbitrage principle, are extended to take into account electricity specific features: the non storability of electricity and the variability in the load process. The sources of uncertainty include electricity forward curve, prices of reso...

This paper looks at whether bribes for electricity connections affect electricity reliability. Using detailed firmlevel data, we estimate various specifications based upon repeated cross-sections and means-based pseudopanels to show that bribes are closely related to poorer electricity reliability. We find that the propensity to bribe for an electricity connection is associated with an increase...

A typical strategy for dealing with commodity surpluses is to store them for future sale; though electricity cannot yet be stored on a large scale, this storage strategy will become a natural choice for dealing with electricity surpluses. However, because electricity prices can be negative, there exists another potential strategy: To buy electricity surpluses at negative prices and dispose of t...