The global electrical energy consumption is still rising and there is a steady demand to increase the power capacity. Deregulation of energy has lowered the investment in larger power plants, which means the need for new electrical power sources may be increased in the near future. In general, this paper discusses role of modern power electronics in small size wind energy and hybrid generating ...

Electric power grid is a widely distributed system, consisting of dispersed generators interconnected through transmission lines, mounting real and reactive power compensators, etc. Moreover, with deregulation and growth of the power industry, power systems elements are forced to operate very near to their maximum capacity and hence, the system became vulnerable. Therefore, controlled operation...

In 1998, the Australian electricity distribution was deregulated with aim of promoting competition and reducing retail prices. However, since then these outcomes have not transpired, which raises question whether there may be underlying causes leading to inefficiencies within power industry. To assess performance system sources (in)efficiency deregulation, we employ Simar Wilson's (2007) double...

With deregulation and growth of the power industry, many power system elements such as generators, transmission lines, are driven to operate near their maximum capacity, especially those serving heavy load centres. Wide Area Controllers (WACs) using wide area or global signals can provide remote auxiliary control signals to local controllers such as automatic voltage regulators, power system st...

Deregulation of power industry in the US and energy crisis in some parts of the world put forward formidable challenges that need to be overcome for successful operation of power networks in the new environment. Monitoring of electric power systems in real-time for reliability, aging status, and presence of incipient faults requires distributed processing of vast amounts of data from distribute...

Deregulation and restructuring have become unavoidable trends to the power industry recently in order to increase its efficiency, to reduce operation costs, or to provide customers better services. The once centralized system planning and management must be remodeled to reflect the changes in the market environment. We have proposed and developed a multi-agent based system to assist players, su...

Deregulation and restructuring have become unavoidable trends to the power industry recently, in order to increase its efficiency, to reduce operation costs, or to provide customers a better service. The once centralized system planning and management must be remodeled to reflect the changes in the market environment. We propose and have developed a multi-agent based system to assist players, s...

In a competitive energy market, system reliability should be maintained at all times. Power system operation being of online in nature, the energy balance requirements must be satisfied to ensure reliable operation the system. To achieve this, information regarding the expected status of the system, the scheduled transactions and the relevant inputs necessary to make either a transaction contra...

This paper presents an hour-ahead System Marginal Price (SMP) forecasting framework based on a neural network. Recently, the deregulation in power industries has impacted on the power system operational problems. The bidding strategies in energy market among market participants are highly dependent on the short-term price levels. Therefore, short-term SMP forecasting is a very important issue t...