In the present scenario of all over the world like develops and undeveloped countries are fastly used Distributed Generations (DGs) and Flexible Alternating Current Transmission Systems (FACTS) controllers in power systems for reactive power supports so that the overall power system performances...

In present time the power demand increases more rapidly in the power generation and transmission and distribution system sectors. For maintaining the power system stability and steady state operation of power systems causes from disturbance, faults and suddenly changing of the load, voltage...

The commercial value added in electricity distribution networks and smart grids is increasing. Concerns about competition on a level-playing field are raised and the debate on vertical network unbundling is beginning to address the level of the distribution networks. With regard to the...

The 27th Conference of the Parties (COP 27) to the United Nations Framework Conven­tion on Climate Change (UNFCCC) in Sharm el-Sheikh, Egypt, was marked by multiple crises and the shaken confidence of developing countries in the multilateral process. Nonetheless, an agreement was reached on...

The German energy transition massively alters the market structure of electricity supply and forces incumbent electric utilities to rethink their business strategies. We analyze three main developments that undermine the former market dominance of the 'Big 4' incumbents in Germany. First,...

An important goal of the European Commission is the promotion of the internal energy market (here specifically electricity), which requires sufficient and adequate cross-border interconnector capacity. However, cross-border interconnector capacity is scarce and, more importantly, the progress of...

This paper looks at the restructuring of European electricity markets that has been taking place since the 1990s. This liberalisation process, driven largely by EU legislation aiming to create a single market for electricity, has led to significant changes in how electricity markets in member...

Market-based reforms have been promoted over the past decades to improve the performance of the power sector. This systematic review assesses the effect of market-based reforms in developing countries on intermediate outcomes like technical efficiency and the resulting impacts on electricity...

We extend the theory of monopoly regulation under imperfect information to the case of customer, rather than investor, ownership. The firm's manager can exert two types of effort - a contractible effort to reduce costs, and a non-contractible effort to increase quality. The former decreases...

Mit dem 2005 novellierten Energiewirtschaftsgesetz wurde in Deutschland eine staatliche Regulierung der Energienetze eingeführt, die einen diskriminierungsfreien Netzzugang und eine zunächst kostenorientierte Entgeltbindung vorsieht. Wie schon in vielen anderen Ländern soll künftig auch hier...