We examine the issue of why some parent companies of U.S. electric utilities have expanded into domestic independent power production (IPP) but not others. We evaluate the conjecture that the parent companies who have chosen to participate in recently restructured U.S. wholesale electricity markets are those with the most generation cost advantages. Specifically, we empirically investigate the ...

This paper discusses about needs and ways to improve predictive maintenance in the future while facilitating the electric utilities to make smarter decisions about when and where maintenance should be performed. Utilities have been collecting data in large amounts but they are hardly utilized because they are huge in amount and also there is uncertainty associated with it. Condition monitoring ...

this paper is concerned with the estimation of total factor productivity (tfp) growth for the iranian electric utilities during the period 1980-1993 on the basis of panel data. a translog cost function is used which accommodates firm - specific variability through a one - way error component model. the results show that the iranian electricity supply industry experienced increasing returns to s...

The benefits of proper Asset Management have always been well known in the power industry. Lately, with the aging infrastructure and workforce, coupled with economic pressures enforced by re-regulation, Asset Management has risen in priority. Taking the Swedish market as an example, the introduction of the Network Performance Assessment Model creates an artificial competitive force on the elect...

In order to meet ever-increasing customer service expectations, electric utilities must continuously improve the reliability of their electric distribution systems. Over the last decade, utilities have invested in digital technologies that give them near-real time readings on the health of their electric grid. This data is incredibly useful during major storm outages, but the flood of data pour...

Electric utility regulators and policy makers implement incentive-based regulation to improve electric utilities efficiency or manage the cost of electricity. However, poorly implemented may produce undesired results such as low reliability poor quality service. Moreover, competition within electricity sector is likely be because high barriers entry, vertically integrated utilities, capital req...