Dynamic Noncooperative Game Models for Deregulated Electricity Markets

Download Dynamic Noncooperative Game Models for Deregulated Electricity Markets PDF Online Free

Author :
Publisher : Nova Science Pub Incorporated
ISBN 13 : 9781607410782
Total Pages : 105 pages
Book Rating : 4.4/5 (17 download)

DOWNLOAD NOW!


Book Synopsis Dynamic Noncooperative Game Models for Deregulated Electricity Markets by : Jose Behar Cruz

Download or read book Dynamic Noncooperative Game Models for Deregulated Electricity Markets written by Jose Behar Cruz and published by Nova Science Pub Incorporated. This book was released on 2009 with total page 105 pages. Available in PDF, EPUB and Kindle. Book excerpt: The deregulated electricity markets are expected to be perfectly competitive, yet they remain oligopolistic in which the market participants are able to exercise market power to "game" the markets. Game theory, by its nature, is considered as the appropriate framework to study the interactive behaviours of decision makers with conflict of interest. Substantial research has been devoted to study gaming behaviour in the deregulated electricity market using game theory. However, most of the modelling of the markets is static and this type of model leads to non-optimal results for long-term strategic planning due to the inherent dynamic nature of the market. This book formulates and describes the gaming behaviour in the deregulated electricity market from a dynamic point of view, considering long-term interests in a changing environment. It starts with a review of the current situation of deregulation and a brief review of near-term energy issues. The book includes the latest results on bidding dynamic strategies for such markets.

Electricity Deregulation

Download Electricity Deregulation PDF Online Free

Author :
Publisher : University of Chicago Press
ISBN 13 : 0226308588
Total Pages : 453 pages
Book Rating : 4.2/5 (263 download)

DOWNLOAD NOW!


Book Synopsis Electricity Deregulation by : James M. Griffin

Download or read book Electricity Deregulation written by James M. Griffin and published by University of Chicago Press. This book was released on 2009-11-15 with total page 453 pages. Available in PDF, EPUB and Kindle. Book excerpt: The electricity market has experienced enormous setbacks in delivering on the promise of deregulation. In theory, deregulating the electricity market would increase the efficiency of the industry by producing electricity at lower costs and passing those cost savings on to customers. As Electricity Deregulation shows, successful deregulation is possible, although it is by no means a hands-off process—in fact, it requires a substantial amount of design and regulatory oversight. This collection brings together leading experts from academia, government, and big business to discuss the lessons learned from experiences such as California's market meltdown as well as the ill-conceived policy choices that contributed to those failures. More importantly, the essays that comprise Electricity Deregulation offer a number of innovative prescriptions for the successful design of deregulated electricity markets. Written with economists and professionals associated with each of the network industries in mind, this comprehensive volume provides a timely and astute deliberation on the many risks and rewards of electricity deregulation.

Government and Markets

Download Government and Markets PDF Online Free

Author :
Publisher : Cambridge University Press
ISBN 13 : 0521118484
Total Pages : 579 pages
Book Rating : 4.5/5 (211 download)

DOWNLOAD NOW!


Book Synopsis Government and Markets by : Edward J. Balleisen

Download or read book Government and Markets written by Edward J. Balleisen and published by Cambridge University Press. This book was released on 2010 with total page 579 pages. Available in PDF, EPUB and Kindle. Book excerpt: After two generations of emphasis on governmental inefficiency and the need for deregulation, we now see growing interest in the possibility of constructive governance, alongside public calls for new, smarter regulation. Yet there is a real danger that regulatory reforms will be rooted in outdated ideas. As the financial crisis has shown, neither traditional market failure models nor public choice theory, by themselves, sufficiently inform or explain our current regulatory challenges. Regulatory studies, long neglected in an atmosphere focused on deregulatory work, is in critical need of new models and theories that can guide effective policy-making. This interdisciplinary volume points the way toward the modernization of regulatory theory. Its essays by leading scholars move past predominant approaches, integrating the latest research about the interplay between human behavior, societal needs, and regulatory institutions. The book concludes by setting out a potential research agenda for the social sciences.

Regulating Power: The Economics of Electrictiy in the Information Age

Download Regulating Power: The Economics of Electrictiy in the Information Age PDF Online Free

Author :
Publisher : Springer Science & Business Media
ISBN 13 : 1461532582
Total Pages : 234 pages
Book Rating : 4.4/5 (615 download)

DOWNLOAD NOW!


Book Synopsis Regulating Power: The Economics of Electrictiy in the Information Age by : Carl Pechman

Download or read book Regulating Power: The Economics of Electrictiy in the Information Age written by Carl Pechman and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modem industrial society functions with the expectation that electricity will be available when required. By law, electric utilities have the obligation to provide electricity to customers in a "safe and adequate" manner. In exchange for this obligation, utilities are granted a monopoly right to provide electricity to customers within well-defmed service territories. However, utilities are not unfettered in their monopoly power; public utility commissions regulate the relationship between a utility and its customers and limit profits to a "fair rate of return on invested capital. " From its inception through the late 1970s, the electric utility industry's opera tional paradigm was to continue marketing electricity to customers and to build power plants to meet customer needs. This growth was facilitated by a U. S. energy policy predicated upon the assumption that sustained electric growth was causally linked to social welfare (Lovins, 1977). The electric utility industry is now in transition from a vertically integrated monopoly to a more competitive market. Of the three primary components (generation, transmission, and distribution) of the traditional vertically integrated monopoly, generation is leading this transformation. The desired outcome is a more efficient market for the provision of electric service, ultimately resulting in lower costs to customers. This book focuses on impediments to this transformation. In partiCUlar, it argues that information control is a form of market power that inhibits the evolution of the market. The analysis is presented within the context of the transformation of the U. S.

Operation of Restructured Power Systems

Download Operation of Restructured Power Systems PDF Online Free

Author :
Publisher : Springer
ISBN 13 : 9781461355670
Total Pages : 311 pages
Book Rating : 4.3/5 (556 download)

DOWNLOAD NOW!


Book Synopsis Operation of Restructured Power Systems by : Kankar Bhattacharya

Download or read book Operation of Restructured Power Systems written by Kankar Bhattacharya and published by Springer. This book was released on 2012-10-26 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: Deregulation is a fairly new paradigm in the electric power industry. And just as in the case of other industries where it has been introduced, the goal of deregulation is to enhance competition and bring consumers new choices and economic benefits. The process has, obviously, necessitated reformulation of established models of power system operation and control activities. Similarly, issues such as system reliability, control, security and power quality in this new environment have come in for scrutiny and debate. In this book, we attempt to present a comprehensive overview of the deregulation process that has developed till now, focussing on the operation aspects. As of now, restructured electricity markets have been established in various degrees and forms in many countries. This book comes at a time when the deregulation process is poised to undergo further rapid advancements. It is envisaged that the reader will benefit by way of an enhanced understanding of power system operations in the conventional vertically integrated environment vis-a-vis the deregulated environment. The book is aimed at a wide range of audience- electric utility personnel involved in scheduling, dispatch, grid operations and related activities, personnel involved in energy trading businesses and electricity markets, institutions involved in energy sector financing. Power engineers, energy economists, researchers in utilities and universities should find the treatment of mathematical models as well as emphasis on recent research work helpful.

Restructured Electric Power Systems

Download Restructured Electric Power Systems PDF Online Free

Author :
Publisher : John Wiley & Sons
ISBN 13 : 1118017072
Total Pages : 292 pages
Book Rating : 4.1/5 (18 download)

DOWNLOAD NOW!


Book Synopsis Restructured Electric Power Systems by : Xiao-Ping Zhang

Download or read book Restructured Electric Power Systems written by Xiao-Ping Zhang and published by John Wiley & Sons. This book was released on 2010-10-15 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: The latest practical applications of electricity market equilibrium models in analyzing electricity markets Electricity market deregulation is driving the power energy production from a monopolistic structure into a competitive market environment. The development of electricity markets has necessitated the need to analyze market behavior and power. Restructured Electric Power Systems reviews the latest developments in electricity market equilibrium models and discusses the application of such models in the practical analysis and assessment of electricity markets. Drawing upon the extensive involvement in the research and industrial development of the leading experts in the subject area, the book starts by explaining the current developments of electrical power systems towards smart grids and then relates the operation and control technologies to the aspects in electricity markets. It explores: The problems of electricity market behavior and market power Mathematical programs with equilibrium constraints (MPEC) and equilibrium problems with equilibrium constraints (EPEC) Tools and techniques for solving the electricity market equilibrium problems Various electricity market equilibrium models State-of-the-art techniques for computing the electricity market equilibrium problems The application of electricity market equilibrium models in assessing the economic benefits of transmission expansions for market environments, forward and spot markets, short-term power system security, and analysis of reactive power impact Also featured are computational resources to allow readers to develop algorithms on their own, as well as future research directions in modeling and computational techniques in electricity market analysis. Restructured Electric Power Systems is an invaluable reference for electrical engineers and power system economists from power utilities and for professors, postgraduate students, and undergraduate students in electrical power engineering, as well as those responsible for the design, engineering, research, and development of competitive electricity markets and electricity market policy.

Electric Power Industry in Nontechnical Language

Download Electric Power Industry in Nontechnical Language PDF Online Free

Author :
Publisher : PennWell Books
ISBN 13 :
Total Pages : 264 pages
Book Rating : 4.F/5 ( download)

DOWNLOAD NOW!


Book Synopsis Electric Power Industry in Nontechnical Language by : Denise Warkentin-Glenn

Download or read book Electric Power Industry in Nontechnical Language written by Denise Warkentin-Glenn and published by PennWell Books. This book was released on 1998 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: The electric power industry is undergoing the greatest transformation in its 100-year history. In readable, concise fashion, author Denise Warkentin explains how the electric industry works and what changes are in store. After briefly tracing the history of the industry, she details how different segments are structured and work together. Investor-owned, consumer-owned, and government-owned utilities are explained, as are rural cooperatives and independent power producers. Other issues addressed include deregulation, the emergence of energy marketers, and the impact of ongoing mergers, acquisitions, and consolidations.

A Model for Studies Related to Deregulation of an Electricity Market

Download A Model for Studies Related to Deregulation of an Electricity Market PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 147 pages
Book Rating : 4.:/5 (186 download)

DOWNLOAD NOW!


Book Synopsis A Model for Studies Related to Deregulation of an Electricity Market by : Johan Wernéus

Download or read book A Model for Studies Related to Deregulation of an Electricity Market written by Johan Wernéus and published by . This book was released on 1995 with total page 147 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Operation of Restructured Power Systems

Download Operation of Restructured Power Systems PDF Online Free

Author :
Publisher : Springer Science & Business Media
ISBN 13 : 1461514657
Total Pages : 323 pages
Book Rating : 4.4/5 (615 download)

DOWNLOAD NOW!


Book Synopsis Operation of Restructured Power Systems by : Kankar Bhattacharya

Download or read book Operation of Restructured Power Systems written by Kankar Bhattacharya and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: Deregulation is a fairly new paradigm in the electric power industry. And just as in the case of other industries where it has been introduced, the goal of deregulation is to enhance competition and bring consumers new choices and economic benefits. The process has, obviously, necessitated reformulation of established models of power system operation and control activities. Similarly, issues such as system reliability, control, security and power quality in this new environment have come in for scrutiny and debate. In this book, we attempt to present a comprehensive overview of the deregulation process that has developed till now, focussing on the operation aspects. As of now, restructured electricity markets have been established in various degrees and forms in many countries. This book comes at a time when the deregulation process is poised to undergo further rapid advancements. It is envisaged that the reader will benefit by way of an enhanced understanding of power system operations in the conventional vertically integrated environment vis-a-vis the deregulated environment. The book is aimed at a wide range of audience- electric utility personnel involved in scheduling, dispatch, grid operations and related activities, personnel involved in energy trading businesses and electricity markets, institutions involved in energy sector financing. Power engineers, energy economists, researchers in utilities and universities should find the treatment of mathematical models as well as emphasis on recent research work helpful.

Electric Choices

Download Electric Choices PDF Online Free

Author :
Publisher : Rowman & Littlefield
ISBN 13 : 9780742548763
Total Pages : 260 pages
Book Rating : 4.5/5 (487 download)

DOWNLOAD NOW!


Book Synopsis Electric Choices by : Andrew N. Kleit

Download or read book Electric Choices written by Andrew N. Kleit and published by Rowman & Littlefield. This book was released on 2007 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: The electricity industry, one of the largest and most vital sectors of the U.S. economy, has changed dramatically in recent years. After being heavily regulated for more than a century by authorities at all levels, deregulation is taking center stage, allowing for enormous efficiency gains. Electric Choices explores the difficult questions surrounding deregulation and urges Americans to continue the transition to a market-based model.

Alternative Models of Electric Power Deregulation

Download Alternative Models of Electric Power Deregulation PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (865 download)

DOWNLOAD NOW!


Book Synopsis Alternative Models of Electric Power Deregulation by :

Download or read book Alternative Models of Electric Power Deregulation written by and published by . This book was released on 1982 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Contrived Competition

Download Contrived Competition PDF Online Free

Author :
Publisher : Harvard University Press
ISBN 13 : 9780674169623
Total Pages : 474 pages
Book Rating : 4.1/5 (696 download)

DOWNLOAD NOW!


Book Synopsis Contrived Competition by : Richard H. K. Vietor

Download or read book Contrived Competition written by Richard H. K. Vietor and published by Harvard University Press. This book was released on 1994 with total page 474 pages. Available in PDF, EPUB and Kindle. Book excerpt: And Bank-America, caught short with bad loans and a deep recession in the early eighties, nearly failed before Sam Armacost and then Tom Clausen achieved an amazing turnaround in the mid-1980s.

Power System Restructuring and Deregulation

Download Power System Restructuring and Deregulation PDF Online Free

Author :
Publisher : John Wiley & Sons
ISBN 13 : 9780471495000
Total Pages : 508 pages
Book Rating : 4.4/5 (95 download)

DOWNLOAD NOW!


Book Synopsis Power System Restructuring and Deregulation by : Loi Lei Lai

Download or read book Power System Restructuring and Deregulation written by Loi Lei Lai and published by John Wiley & Sons. This book was released on 2001-11-28 with total page 508 pages. Available in PDF, EPUB and Kindle. Book excerpt: Die Umstrukturierung und Liberalisierung der Stromerzeugung brachte tiefgreifende Veränderungen des Marktes, des Wettbewerbs, der Technologien und nicht zuletzt der gesetzlichen Vorschriften mit sich. Dieser Band konzentriert sich auf die technischen Fortschritte und bespricht derzeit aktuelle Probleme anhand anschaulicher Fallstudien. So werden zum Beispiel neue Verfahren zur Vorhersage der Netzlast erläutert. Von international renommierten Experten geschrieben! (07/00)

Competition and Choice in Electricity

Download Competition and Choice in Electricity PDF Online Free

Author :
Publisher : Wiley
ISBN 13 : 9780471982012
Total Pages : 252 pages
Book Rating : 4.9/5 (82 download)

DOWNLOAD NOW!


Book Synopsis Competition and Choice in Electricity by : Sally Hunt

Download or read book Competition and Choice in Electricity written by Sally Hunt and published by Wiley. This book was released on 1997-11-04 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent developments in the electricity sector, including the recent privatization in the UK, have inspired utility planners and regulators around the world to rethink the dundamental structure of their utility industries. This is the first authoritative study of these widespread changes and their potential impact on the electricity sector.

Job Protection Deregulation in Good and Bad Times

Download Job Protection Deregulation in Good and Bad Times PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1484333012
Total Pages : 44 pages
Book Rating : 4.4/5 (843 download)

DOWNLOAD NOW!


Book Synopsis Job Protection Deregulation in Good and Bad Times by : Mr.Romain A Duval

Download or read book Job Protection Deregulation in Good and Bad Times written by Mr.Romain A Duval and published by International Monetary Fund. This book was released on 2017-12-14 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores the short-term employment effect of deregulating job protection for regular workers and how it varies with prevailing business cycle conditions. We apply a local projection method to a newly constructed “narrative” dataset of major regular job protection reforms covering 26 advanced economies over the past four decades. The analysis relies on country-sector-level data, using as an identifying assumption the fact that stringent dismissal regulations are more binding in sectors that are characterized by a higher “natural” propensity to regularly adjust their workforce. We find that the responses of sectoral employment to large job protection deregulation shocks depend crucially on the state of the economy at the time of reform——they are positive in an expansion, but become negative in a recession. These findings are consistent with theory, and are robust to a broad range of robustness checks including an Instrumental Variable approach using political economy drivers of reforms as instruments. Our results provide a case for undertaking job protection reform in good times, or for designing it in ways that enhance its short-term impact.

Electricity Market Reforms

Download Electricity Market Reforms PDF Online Free

Author :
Publisher : Springer
ISBN 13 : 9781489987310
Total Pages : 0 pages
Book Rating : 4.9/5 (873 download)

DOWNLOAD NOW!


Book Synopsis Electricity Market Reforms by : Lev S. Belyaev

Download or read book Electricity Market Reforms written by Lev S. Belyaev and published by Springer. This book was released on 2014-09-21 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the global demand for energy skyrocketing, over the past twenty years many countries have restructured their electric power industries, typically moving from a regulated monopoly to a competitive market structure. The results of these reforms vary significantly from country to country depending on the market organization model and national conditions. This book examines the restructuring in both developed and developing nations, with particular focus on the United States, Great Britain, China, and Russia, and addresses the problems arising from these transitions. The book also contains a comprehensive analysis of different electricity market models and their compatibility with the properties of electric power systems and country conditions. As the most thorough and up to date analysis of the theory and practical experience of electricity deregulation, this book is a must-read for academics, students and researchers with an interest in electric power industry restructuring. It also has direct relevance for engineers, regulators and other decision makers in companies and governmental agencies concerned with energy issues.

The Theory of Competitive Price

Download The Theory of Competitive Price PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 216 pages
Book Rating : 4.3/5 (91 download)

DOWNLOAD NOW!


Book Synopsis The Theory of Competitive Price by : George Joseph Stigler

Download or read book The Theory of Competitive Price written by George Joseph Stigler and published by . This book was released on 1946 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: