A market regulator is considered to increase the market efficiency and hence several regulations are tried to achieve this target. In many of such regulations, special conditions of renewable energies have been introduced. Accordingly, it is observed that some changes in regulations may have...

This paper presents a new method to determine the optimal demand function for a retailer in power markets. It assumes that the retailer purchases the energy from either the day-ahead or the regulation market and sells it to the end users through fixed and/or real-time pricing contracts. The load...

Expansion of gas fired units installation in power network results in more interdependency between gas and electric infrastructures. Thus new research has paid attention to the impact of gas network in power system studies. One such issue is the impact of gas network in a unit commitment...

This paper addresses a comprehensive efficiency evaluation model for electrical distribution system. Concerning the efficiency of different resources including energy, infrastructure and human resources, the overall distribution system efficiency is determined on the basis of relevant efficiency...

In this paper, a weighted combination of different demand vs. price functions referred to as Composite Demand Function (CDF) is introduced in order to represent the demand model of consuming sectors which comprise different clusters of customers with divergent load profiles and energy use...

This paper provides a technique to derive the bidding strategy in the day-ahead market for a large consumer that procures its electricity demand in both day-ahead market and a subsequent adjustment market. It is considered that hourly market prices are normally distributed and this correlation...

In the competitive electricity market, consumers seek strategies to meet their electricity needs at minimum cost and risk. This paper provides a technique based on Information Gap Decision Theory (IGDT) to assess different procurement strategies for large consumers. Supply sources include...