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Integrating wind generation into power systems and wholesale electricity markets presents unique challenges due to the characteristics of wind power, including its limited dispatchability, variability in generation, difficulty in forecasting resource availability, and the geographic location of...
Persistent link: https://www.econbiz.de/10008494579
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...
Persistent link: https://www.econbiz.de/10010664095
We use longitudinal dynamics and simulation models to study the feasibility of deploying electric buses in place of conventional ones. The longitudinal dynamics model estimates energy use by an electric bus operating on different lines consisting of a mixture of urban and suburban driving. The...
Persistent link: https://www.econbiz.de/10010718868
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...
Persistent link: https://www.econbiz.de/10008913316
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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...
Persistent link: https://www.econbiz.de/10008863597
A long-standing issue with centrally committed electricity markets is the design of non-confiscatory and equilibrium-supporting prices. This is because the social planner's problem in such a market is a non-convex unit commitment. O'Neill et al. (2005) propose a pricing scheme that overcomes...
Persistent link: https://www.econbiz.de/10011116334
This paper provides a survey of the history and future of storage development in the US and policy and analytical questions relating to storage. The paper discusses the history of storage development in the US, and some of the limitations in how storage investment was justified beginning in the...
Persistent link: https://www.econbiz.de/10008462056