Asia remained the largest energy consumer in 2020. The Russian Federation hopes to gain a greater share of the Asian energy market. This study examined the Russian Federation-Asia and Pacific energy trade patterns using gravity trade theory and GMM panel estimation for 17 selected Asia and...

Participation of nondispatchable renewable energy resources (RER) such as wind turbines (WT) and photovoltaic (PV) systems is one of the main challenges of these clean energy resources. Due to the uncertain nature of these resources, predictions of their amount of power in the day-ahead market...

Household electricity use has an increasing impact on the overall energy system. Numerous proposals have been made to support households to consume electricity in a system-friendlier manner. By breaking these proposals down into functions and how they are performed, this paper identifies four...

Finding the generation mix with the lowest total system cost for deep levels of decarbonisation is critical for electricity consumers and taxpayers, who together need to cover the costs of the entire electricity system. MEGS is an electricity system scenario tool designed to explore options to...

It has been almost 40 years since Chile reformed its electricity sector. In 1982, the Electricity Act created an energy market for generators and large customers to negotiate supply contracts. It also established a centralized dispatch of power plants in ascending order of generation cost,...

The linking of different jurisdictions or markets via electrical interconnection is a long established means of offering enhanced security of supply to the wider electrical system. In recent years, new incentives around exploiting market price differentials and facilitating the growth of...

To reach climate targets, future energy systems must rely heavily on variable renewable energy sources (VRES) such as wind and photovoltaic (PV). As the share of VRES increases, the topics of flexibility and the smart interplay of different flexibility options grow in importance. One way to...

Pakistan has been in severe energy crises since the year 2004. Major reasons behind energy crises are lack of use of modeling tools in power planning and policy development, dependence on imported energy sources and poor governance. In this paper, electricity demand forecasting for Pakistan up...