This paper addresses the following question: How can smart energy management system (SEMS) influence the residential electricity consumption at both individual household and national level? First, we developed an hourly optimization model for individual households. The energy cost of an...

Energy storage, encompassing not only the storage of electricity but also the storage of energy in various forms such as heat and chemicals, is a linchpin in the movement toward a decarbonized energy sector, due to its myriad roles in fortifying grid reliability, facilitating the integration of...

What happens to the merit order of electricity markets when all electricity is supplied by intermittent renewable energy sources coupled with large-scale electricity storage? With near-zero marginal cost of production, will there still be a role for an energy-only electricity market? We answer...

The state of the Ghana Power System reflects a story of progress, challenges, and future potential. Ghana has experienced significant milestones and achievements in its power system, including the development of major infrastructure projects such as the Akosombo Dam and initiatives to expand...