A distributed energy system (DES) is recognized as a local energy system. Over the past decade, number of studies in technological fields, economizing and its regulatory aspects corroborated that an increasing attention has been paid toward the planning of these systems. However, lack of a proper planning because of simplifications in the assumptions may overshadow the potentials of the DESs hi...

The socio-economic development and liveability of a region are affected to a great extent by the region's infrastructure services. Data-driven forecasting the demands for infrastructure utilities (for example, electricity, water, and waste) of a region becomes a challenging issue in the situation of highly integrative infrastructure networks and restricted data sharing, which involves handling ...

in this paper, first, a new criterion, titled “surplus percent of the customers” is defined for static transmission expansion planning in restructured power systems. then by a simple example, the new criterion is compared with some already presented market-based criteria and it is shown that the new criterion can realistically evaluate the transmission network expansion from the market view. in...

This paper investigates the relationship between electricity consumption, output, and price in the manufacturing sector in Malaysia. We find that electricity consumption, output, and price are cointegrated in the long run. In addition, it has been found that the relationship between electricity consumption and output is positive. In the long run, we find a unidirectional causality from manufact...

Abstract: Korea is a heavily energy-dependent country whose primary energy consumption ranks ninth in the world. However, at the same time, it promised to reduce carbon emission and planned to use more renewable energy. Thus, the objective of this study is to propose an optimal energy mix planning model in electricity generation from various energy sources, such as gas, coal, nuclear, hydro, wi...

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...

Electricity is the main observation in our daily life. There are many parameters or a factors on which the electricity load is depends on, knowable load factors such as whether conditions, temporal factors, and customer characteristics etc. Daily peak load is an important factor in the planning the production and pricing of electricity. In a simple terms, it is essential to get the knowledge of...

Intensified industrialization in developing countries has recently resulted in huge electric power demand growth; however, electricity generation in these countries is still heavily reliant on inefficient and traditional non-renewable technologies. In this paper, we develop an integrated game-theoretic model for effective power systems planning thorough balancing between supply and demand for e...

There are many uncertainties and risks in residential electricity consumption associated with economic development. Knowledge of the relationship between residential electricity consumption and its key determinant—income—is important to the sustainable development of the electric power industry. Using panel data from 30 provinces for the 1995–2012 period, this study investigates how residential...