This paper proposes a decentralized market-based model for long-term capacity investment decisions in a liberalized electricity market. Investment decisions are fundamentally based on total revenues gained by investors. In most electricity markets, the complementary mechanisms are designed to...

The liberalization of the electricity sector requires utilities to develop sound operation strategies for their power plants. In this paper, attention is focused on the problem of optimizing the management of the thermal power plants belonging to a strategic producer that competes with other...

This paper presents the EB (energy box) concept in the context of the V2G (vehicle-to-grid) technology to address the energy management needs of a modern residence, considering that the available infrastructure includes micro-renewable energy sources in the form of solar and wind power, the...

The paper critically discusses the reform of the energy sector in the European Union from the beginnings of the liberalisation processes in 1996 until present. Through EU energy policies and relevant legislation the goals to achieve are sustainable development, security of supply and...

The present study examines the consequences of the planned coal phase-out in Germany according to various phase-out pathways that differ in the ordering of power plant closures. Soft-linking an energy system model with an input-output model and a regional macroeconomic model simulates the...

This paper presents an evaluation of energy supply strategies for Egypt’s power sector and identifies prospects to meet rising electricity demand while addressing energy security and low-carbon development issues. We apply the TIMES energy system model to examine Egypt’s energy policy goals...