power exchange Nord Pool, including all Nordic countries today.The fact that electricity cannot be stored efficiently and … and further development of already existing models for electricity. A second purpose is to adjust and extend recently … proposed models for stock returns for the electricity market. Duffie, Pan and Singleton (2000) introduce stochastic processes …

model-based scenario, in which wind energy provides 20% of the U.S. electricity demand in 2030. The report discusses a set … already have a high penetration of wind power (i.e., in the range of 7 to 20% of electricity consumption in countries such as … United States as well as in Europe. A large-scale introduction of wind power causes a number of challenges for electricity …

-owned utilities (IOUs) and nonutility electricity generators (NUGs) when making decisions on technologies for new generating plants …

Wind is the fastest growing source for electricity in the United States. During 2001, U.S. wind power plant … allowing higher electricity rates that may increase the rate of wind plant development. Power shortages, natural gas price …

, EPRI has developed the Electricity Technology Roadmap. The Roadmap identifies several major strategic challenges that must … be successfully addressed to ensure a sustainable future in which electricity continues to play an important role in … importance of reliable electricity in different sectors of the economy. This report is intended to contribute to that …

The Electricity Market Module (EMM) is the electricity supply component of the National Energy Modeling System (NEMS …). The EMM represents the generation, transmission, and pricing of electricity. It consists of four submodules: the … Electricity Capacity Planning (ECP) Submodule, the Electricity Fuel Dispatch (EFD) Submodule, the Electricity Finance and Pricing …

vertically integrated utilities with approval from state public utility commissions. As the U.S. electricity industry is … choose to face real-time (spot) prices and will respond to the occasionally very high prices by reducing electricity use at … volatile energy prices; (2) lower electricity costs and prices; and (3) a generation mix with more baseload, and less peaking …

Electricity markets are complex adaptive systems that operate under a wide range of rules that span a variety of time … scales. These rules are imposed both from above by society and below by physics. Many electricity markets are undergoing or … electricity markets have recently undergone this transition with extremely unsatisfactory results, most notably in California …

electric power plants. The effects of these bills on electricity costs depend on features of the bills, on the mix of …-specific estimates of the effects of different legislation on electricity costs. This paper presents sample results from a larger …

advantages that restructuring can offer. Electricity is a form of energy that is difficult to store economically in large … quantities. However, loads often have some ability to (1) conveniently store thermal energy and (2) defer electricity consumption … least some customers to think about their electricity consumption the same way they think about most of their other …