Alternative fuels played a more and more important role in the U.S. fuel market in the last few decades. While most previous literature focused on oil, gasoline and biofuel prices, the studies on the topic of multiple alternative fuel prices were limited. Using U.S. fuel price data from the...

The load patterns in electricity markets are changing rapidly worldwide. The power engineers are becoming more vigilant in providing an uninterrupted power supply at different loading conditions. This study proposes a unique planning strategy of reactive power (VAr) considering a static load...

The market-based procurement of system services for network operators is gaining momentum in the current debate about the future market design in the energy sector. Since current sources of reactive power are primarily fossil-fuel power plants which will not be available in a carbon neutral...