Plug-in hybrid electric vehicles (PHEVs) have been promoted as a potential technology that can reduce vehicles' fuel consumption, decreasing transportation-related emissions and dependence on imported oil. The net emission and cost impacts of PHEV use are intimately connected with the...

We examine the economic consequences of a bid-based security-constrained centralized unit commitment paradigm based on three-part offers, which is the prevalent day-ahead market-clearing mechanism in restructured electricity markets in the United States. We then compare this approach with an...

Plug-in hybrid electric vehicles (PHEVs) that are driven and charged in 'dirty' power systems, with high penetrations of coal and other polluting generation fuels, may yield higher net emissions than conventional vehicles (CVs). We examine the implications of imposing a constraint on PHEV...

This paper examines the potential welfare effects of storage under different market structures. This includes combinations of perfectly competitive and strategic generation and storage sectors, and standalone and generator-owned storage. We demonstrate that if the generation sector is perfectly...

Centrally committed markets rely on an independent system operator to determine the commitment and dispatch of generators. This is done by solving a unit commitment model, which is an NP-hard mixed integer program that is rarely (if ever) solved to complete optimality. We demonstrate, using a...

This paper presents a model to simulate the electricity demand of a single household consisting of multiple individuals. The total consumption is divided into four main categories, namely cold appliances, heating, ventilation, and air conditioning, lighting, and energy consumed by household...