A forecasting methodology for prediction of both normal prices and price spikes in the day-ahead energy market is proposed. The method is based on an iterative strategy implemented as a combination of two modules separately applied for normal price and price spike predictions. The normal price...

The main goal of this paper is to show how the Delphi method works as a management tool when analyzing technology evolution. The paper also provides insights on how thin computing and open source can affect the future IT infrastructure development. The primary data was collected in a three round...

Purpose – A control chart is a widely used Six Sigma DMAIC process measure and control phase tool. The purpose of this paper is to contribute to the body of knowledge on applying statistical process control (SPC) methods in a pulp mill production organization and the special issues that need...

Purpose – The purpose of this paper is to clarify the alternative future scenarios for the international biomass market until the year 2020 and identify underlying steps needed toward a vital working and sustainable biomass market for energy purposes. Design/methodology/approach – Two...

Purpose – Based on literature and an empirical case, the purpose of this paper is to present a framework for decision‐making in utilities where unbundling considerations are taking place. The paper analyses the implications of splitting long‐term network planning activity from the...

Purpose – The purpose of this paper is to examine the key outage‐cost‐influencing applications (fault location and network restoration, fault reporting, field crew management, and reconfiguration) of the distribution management system (DMS) and analyzes the benefits provided by them. The...