* Faculty of Economics, University of Belgrade, Serbia, E-mail: [email protected] ** Faculty of Economics, University of Belgrade, Serbia, E-mail: [email protected] JEL CLASSIFICATION: D44, H57 ABSTRACT: This paper reviews some multi-unit auction mechanisms that are used in the procurement of electricity. In ordinary multi-unit auctions bidders compete to buy several units of the same obj...

Abstract – The paper considers end-use electricity consumption and efficiency trends in transition countries, i.e. ten former socialist states that are now new EU members, and the Republic of Croatia as a candidate country. For the last twenty years, transition countries are in the process of changing their social, economic and political structures with considerable influence on the electricity...

Electricity generation and greenhouse gas (GHG) reductions were researched by making comparisons between municipal solid waste (MSW) landfill and incineration systems with three different electricity generation efficiencies - 10%, 21%, and 24.7%. For MSW landfill systems, it is shown that the total electricity generation is 198,747 MWh, and the total GHG emission reduction is 1,386,081 tonne CO...

Despite its status as a nature reserve, Wolong Nature Reserve (China) has experienced continued loss of giant panda habitat due to human activities such as fuelwood collection. Electricity, though available throughout Wolong, has not replaced fuelwood as an energy source. We used stated preference data obtained from in-person interviews to estimate a random utility model of the choice of adopti...

In recent years, aiming to reduce the Greenhouse Gas pollution and promote energy efficiency and conservation among consumers’ energy use, price policies and price changes derived from environmental regulations have played a more important role. In this paper, using the most recent annual state-level panel data for 48 states, I estimate a dynamic partial adjustment model for electricity demand ...

As a consequence of an increasing share of renewable energies, balancing electricity production and delivery requires efficient electricity markets. At the heart of electricity markets are Information Systems (IS) that coordinate demand and supply in real-time. IS has recently opened up an alternative towards increasing the efficiency of electricity markets by managing demand side resources; i....

In order to improve the utilization of the residential electricity consumption data which contains the information on the user’s electricity consumption habits, a residential electricity consumption behaviors mining algorithm model is constructed. Firstly, according to the attribute, the collected data can be divided into the global data and the phase data, then the appropriate global variables...

multistage stochastic programming is a key technology for making decisions over time in an uncertain environment. one of the promising areas in which this technology is implementable, is medium term planning of electricity production and trading where decision makers are typically faced with uncertain parameters (such as future demands and market prices) that can be described by stochastic proc...