This paper investigates the long-run effects of average revenue regulation on an electricity transmission monopolist who applies a two- part tariff comprising a variable congestion price and a non-negative fixed access fee. A binding constraint on the monopolistfs expected average revenue lowers...

We analyze welfare and distributional properties of a two-settlement system consisting of a spot market over a two-node network and a single energy forward contract. We formulate and analyze several models which simulate joint dispatch of energy and transmission resources coordinated by a system...

Purpose – The purpose of this paper is to introduce a new manipulator structure to configure power‐assist devices in order to protect the operator from suffering musculoskeletal disorders. The mechanical structure and the control system along with their main features are presented....

Purpose – The non‐storable nature of electricity and the increasing complexity of financial instruments as a tool for hedging against risk make the area of research very useful in the real world. Many power portfolio optimization problems have been developed to combat the issue of risk...

Purpose – The purpose of this paper is to solve the optimal power dispatch problem of thermal generating units with cubic fuel cost and emission functions. Design/methodology/approach – The proposed Simplified Direct Search Method (SDSM) is developed from the Direct Search Method (DSM) that...

Purpose – The purpose of this paper is to introduce a neural network‐based market agent, which develops optimal bidding strategies for a power generating company (Genco) in a day‐ahead electricity market. Design/methodology/approach – The problem of finding optimal bidding strategy for a...

Purpose – Underground cabling has become a true alternative in construction of electricity distribution networks, even in rural areas. The increasing amount of underground installations requires strategic work that helps to define the most profitable cabling targets. The purpose of this paper...

Purpose – This paper aims to deal with evaluation of different parameters of an induction programme conducted by a transmission and distribution major in India. The study aims to indicate which aspects of the training programme need to be emphasised when devising induction programmes for...

This paper presents a new approach for solving optimal placement of distributed generation (OPDG) problem in distribution systems for minimizing active power loss. In this research, the loss sensitivity factor is used to identify the optimal locations for installation of DGs and symbiotic...

This article presents an original method based on Strength Pareto Evolutionary Algorithm 2 (SPEA2) to solve the multi-objective reconfiguration problem of minimizing active power loss and improving power system reliability. The proposed evolutionary method is based on the Pareto optimality...