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...

The goal of this research is supporting strategic decision makers from countries that share and/or are impacted by cross-border energy generation projects. The methodology includes a case study of the energy surplus not used within the international agreement between two countries in...

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...

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...

As one of the most important economic zones in China, the energy demand of East China accounts for approximately 20% of the whole country. However, with limited reserves of fossil energy, the energy supply in East China mainly depends on imports. The energy demand in East China plays an...

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...

Economic development brings along strong energy demand. Northeast Asia is one of the regions with the most potential for further energy development in the world. Due to the complex geopolitical dilemma, barriers haven't been eliminated in energy trade and investment; therefore, there is more...

The COVID-19 epidemic has severely affected the world economy and energy markets. In order to alleviate the shock, stabilize the financial market, and promote economic recovery, the Fed announced an unlimited QE policy. In order to understand the impact of the policy on the energy market under...

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...