Transitional rates, risk and the Ontario wholesale power market

International Nuclear Information System (INIS)

Rothman, M.

2001-01-01

Navigant Consulting is a large investor-owned management consulting firm specializing in energy-based and other networked and regulated industries across Canada. The company works with clients to create delivery and protect shareholder value in the face of uncertainty and change. This presentation discussed the issue of price volatility in competitive electricity markets. The points to keep in mind for pricing in competitive power markets is that: (1) electricity should be generated simultaneously with use, (2) rates in administered markets are average over some time period, (3) competitive pool markets do not average costs, (4) in competitive pool markets, prices are set in very short (hourly or less) intervals, (5) prices in competitive markets are more volatile than in administered markets for both economic and market structure reasons, and (6) the degree of volatility and price levels can change quickly. The Ontario power market was also discussed with reference to price volatility in Ontario and what this means for electricity customers. tabs., figs

Liquidity in the Dutch wholesale electricity market

International Nuclear Information System (INIS)

Newbery, D.; Von der Fehr, N.H.; Van Damme, E.

2003-05-01

Industry concerns over perceived reductions in the liquidity of the Dutch wholesale electricity market led the DTe to ask the Market Surveillance Committee (MSC) to examine recent developments. This report starts with a generic examination of wholesale power markets and liquidity and its measurement. An overview of the Dutch wholesale electricity market and its constituent segments follows together with a summary of events and opinions connected to liquidity that have been reported in the trade press. Sources of information on market liquidity are then reviewed. Participation in the market is analysed before examining each market segment and this analysis and the earlier sections are then drawn together in conclusions and recommendations

Wholesale electricity markets in Europe

International Nuclear Information System (INIS)

Rios, J. L.

2010-01-01

Electricity Wholesale Markets provide efficient operation of power stations, facilitate hedging instruments for generators and retailers and deliver price signals for new investments. Despite having a common regulatory framework at European level whose last aim is a single electricity market, Wholesale markets have been unevenly developed in each Member State. The evolution form a spot-based market towards a forward-based market needs a certain level of liquidity, transparency and regulatory stability. Interconnections are the key element to promote the integration of electricity markets. To facilitate this, European Regional Initiatives have pushed regulatory harmonization between countries and market coupling projects. (Author)

Transaction of long-term power purchasing contract by independent power providers in wholesale and retail competitive system

Energy Technology Data Exchange (ETDEWEB)

Lee, Seung Hoon [Korea Energy Economics Institute, Euiwang (Korea)

1998-12-01

In general, the restructuring starts with separation and division of power sector from the existing monopolist as the cases of Thailand and Malaysia. When the power provider is separated and divided, it becomes an independent power provider. The existing regional electricity provider carries out the supplying function to end-users buying electricity from several separated and divided providers. Therefore, the existing regional electricity providers give up the power generation business but become a demand monopolist in wholesale market. The competition system capable of applying during the separation period is the Generation Pool. With the Generation Pool, it is able to promote competition of power generation sector effectively and there is no need to have an extra step such as long-term power purchasing contract. In fact, Latin America and Chile have been managed the power market for more than 10 years with the competition system by the Generation Pool. 9 refs.

77 FR 27763 - Quantum Choctaw Power, LLC, USG Nevada LLC, et al.; Notice of Effectiveness of Exempt Wholesale...

Science.gov (United States)

2012-05-11

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket Nos. EG12-31-000; EG12-32-000; et al.] Quantum Choctaw Power, LLC, USG Nevada LLC, et al.; Notice of Effectiveness of Exempt Wholesale Generator Status Docket Nos. Quantum Choctaw Power, LLC EG12-31-000 USG Nevada LLC EG12-32-000...

The Future of Centrally-Organized Wholesale Electricity Markets

Energy Technology Data Exchange (ETDEWEB)

Glazer, Craig [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Morrison, Jay [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Breakman, Paul [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Clements, Allison [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Schwartz, Lisa [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States)

2017-06-21

The electricity grid in the United States is organized around a network of large, centralized power plants and high voltage transmission lines that transport electricity, sometimes over large distances, before it is delivered to the customer through a local distribution grid. This network of centralized generation and high voltage transmission lines is called the “bulk power system.” Costs relating to bulk power generation typically account for more than half of a customer’s electric bill.1 For this reason, the structure and functioning of wholesale electricity markets have major impacts on costs and economic value for consumers, as well as energy security and national security. Diverse arrangements for bulk power wholesale markets have evolved over the last several decades. The Southeast and Western United States outside of California have a “bilateral-based” bulk power system where market participants enter into long-term bilateral agreements — using competitive procurements through power marketers, direct arrangements among utilities or with other generation owners, and auctions and exchanges.

The TC-PSI indicator for forecasting the potential for market power in wholesale electricity markets

International Nuclear Information System (INIS)

Hesamzadeh, Mohammad R.; Biggar, Darryl R.; Hosseinzadeh, Nasser

2011-01-01

Wholesale electricity market regulators have long sought a simple, reliable, transparent indicator of the likely impact of wholesale market developments on the exercise of market power. Conventional indicators, such as the Pivotal Supplier Indicator (PSI) and the Residual Supply Index (RSI) cannot be extended to apply to meshed transmission networks, especially when generating companies hold a portfolio of generating units at different locations on the network. This paper proposes a generalisation of these standard measures termed the 'Transmission-Constrained Pivotal Supplier Indicator (TC-PSI)'. The TC-PSI of a generating company is defined as the maximum must-run generation for any subset of generating plant while allowing for strategic operation of other plant in the portfolio. We illustrate the use of the TC-PSI using a five-node model of the Australian NEM. - Highlights: → An indicator for assessing the pivotality of generating portfolios is proposed. → Transmission constraints are modelled explicitly in the proposed indicator. → Strategic behaviours of a generating portfolio in using its units are modelled. → This approach was illustrated using a 5-node model of the Australian NEM.

Understanding the Benefits of Dispersed Grid-Connected Photovoltaics: From Avoiding the Next Major Outage to Taming Wholesale Power Markets

International Nuclear Information System (INIS)

Letendre, Steven E.; Perez, Richard

2006-01-01

Thanks to new solar resource assessment techniques using cloud cover data available from geostationary satellites, it is apparent that grid-connected PV installations can serve to enhance electric grid reliability, preventing or hastening recovery from major power outages and serving to mitigate extreme price spikes in wholesale energy markets. (author)

12 CFR 228.25 - Community development test for wholesale or limited purpose banks.

Science.gov (United States)

2010-01-01

... Performance § 228.25 Community development test for wholesale or limited purpose banks. (a) Scope of test. The... performance of a wholesale or limited purpose bank pursuant to the following criteria: (1) The number and... performance rating. The Board rates a bank's community development performance as provided in appendix A of...

12 CFR 25.25 - Community development test for wholesale or limited purpose banks.

Science.gov (United States)

2010-01-01

... the community development performance of a wholesale or limited purpose bank pursuant to the following... performance rating. The OCC rates a bank's community development performance as provided in appendix A of this... 12 Banks and Banking 1 2010-01-01 2010-01-01 false Community development test for wholesale or...

The role of vibrant retail electricity markets in assuring that wholesale power markets operate effectively

International Nuclear Information System (INIS)

Goulding, A.J.; Rufin, C.; Swinand, G.

1999-01-01

Barriers to competitive supplier entry such as California's wholesale-price pass-through model can provide an almost insurmountable barrier to effective retail competition. The telecommunications, airline, and software industries provide lessons--positive and negative--on how creating competitive wholesale markets is insufficient to bring the benefits of competition to smaller consumers

New wholesale power market design using linked forward markets :

Energy Technology Data Exchange (ETDEWEB)

Silva Monroy, Cesar Augusto; Loose, Verne William; Ellison, James F.; Elliott, Ryan Thomas; Byrne, Raymond Harry; Guttromson, Ross; Tesfatsion, Leigh S.

2013-04-01

This report proposes a reformulation of U.S. ISO/RTO-managed wholesale electric power mar- kets for improved reliability and e ciency of system operations. Current markets do not specify or compensate primary frequency response. They also unnecessarily limit the participation of new technologies in reserve markets and o er insu cient economic inducements for new capacity invest- ment. In the proposed market reformulation, energy products are represented as physically-covered rm contracts and reserve products as physically-covered call option contracts. Trading of these products is supported by a backbone of linked ISO/RTO-managed forward markets with planning horizons ranging from multiple years to minutes ahead. A principal advantage of this reformulation is that reserve needs can be speci ed in detail, and resources can o er the services for which they are best suited, without being forced to conform to rigid reserve product de nitions. This should improve the business case for electric energy storage and other emerging technologies to provide reserve. In addition, the facilitation of price discovery should help to ensure e cient energy/reserve procurement and adequate levels of new capacity investment.

Analysis of competition and market power in the wholesale electricity market in India

International Nuclear Information System (INIS)

Shukla, Umesh Kumar; Thampy, Ashok

2011-01-01

The electricity reforms were initiated in India with the objective of promoting competition in the electricity market. In order to promote competition, the Electricity Act 2003 was enacted and various policy initiatives were taken by the Government of India. Central Electricity Regulatory Commission (CERC) also facilitated competition through the regulatory framework of availability based tariff, Indian Electricity Grid Code, open access in inter-state transmission, inter-state trading and power exchanges. Despite these initiatives, electricity prices increased in the Wholesale Electricity Market in India (WEMI). This paper analyses the market structure and competitiveness in the WEMI. There are, of course, various potential reasons for the rise in the electricity price. This paper seeks to investigate, if market power was one of the reasons for increase in market prices. Concentration ratio, Herfindahl-Hirschman index, Supply Margin Assessment, and Residual Supply Index have been used to measure market power. This paper also uses the price-cost mark-up to examine, if exercise of market power led to higher margins. The analysis suggests that market power of firms may be part of the reason for the increase in electricity prices in WEMI. The study suggests various measures to increase competition in the WEMI.

The role of vibrant retail electricity markets in assuring that wholesale power markets operate effectively

Energy Technology Data Exchange (ETDEWEB)

Goulding, A.J.; Rufin, C.; Swinand, G.

1999-12-01

Barriers to competitive supplier entry such as California's wholesale-price pass-through model can provide an almost insurmountable barrier to effective retail competition. The telecommunications, airline, and software industries provide lessons--positive and negative--on how creating competitive wholesale markets is insufficient to bring the benefits of competition to smaller consumers.

18 CFR 366.7 - Procedures for obtaining exempt wholesale generator and foreign utility company status.

Science.gov (United States)

2010-04-01

... definition of exempt wholesale generator or foreign utility company (including stating the location of its... obtaining exempt wholesale generator and foreign utility company status. 366.7 Section 366.7 Conservation of... THE PUBLIC UTILITY HOLDING COMPANY ACT OF 2005, FEDERAL POWER ACT AND NATURAL GAS ACT BOOKS AND...

18 CFR 38.2 - Incorporation by reference of North American Energy Standards Board Wholesale Electric Quadrant...

Science.gov (United States)

2010-04-01

... reference of North American Energy Standards Board Wholesale Electric Quadrant standards. 38.2 Section 38.2 Conservation of Power and Water Resources FEDERAL ENERGY REGULATORY COMMISSION, DEPARTMENT OF ENERGY... UTILITIES § 38.2 Incorporation by reference of North American Energy Standards Board Wholesale Electric...

Report on results of audit related to charges for wholesale electric service by New England Power Company under the Fuel-Adjustment Clause filed with the Federal Power Commission

Energy Technology Data Exchange (ETDEWEB)

1975-12-01

During the 39-month period beginning in April 1972 and ending in June 1975, NEPCO, through monthly fuel-adjustment clause (FAC) billings, charged its wholesale customers and certain other customers about $316.1 million. The audit disclosed that in computing FAC charges applicable to its wholesale customers, NEPCO included certain costs not eligible for inclusion in FAC billings under the applicable FAC on file with the Commission. As a result, for the 39-month period ending in June 1975, wholesale customers were overbilled through the FAC an estimated $800,000. The fact that certain costs were not eligible for inclusion under the FAC were not construed as meaning that the costs may not be proper for consideration in establishing NEPCO's cost of service for rate purposes, apart from the FAC. The staff concluded that in all other respects NEPCO had properly billed its customers for charges in the cost of fossil fuel in accordance with its filed fuel-adjustment clause.

29 CFR 779.327 - Wholesale sales.

Science.gov (United States)

2010-07-01

... 29 Labor 3 2010-07-01 2010-07-01 false Wholesale sales. 779.327 Section 779.327 Labor Regulations... Particular Industryâ § 779.327 Wholesale sales. A wholesale sale, of course, is not recognized as a retail sale. If an establishment derives more than 25 percent of its annual dollar volume from sales made at...

The French wholesale electricity and natural gas markets. 2009-2010 Report

International Nuclear Information System (INIS)

2010-10-01

This report on the operation of French wholesale electricity and natural gas markets deals with CRE wholesale market surveillance activities. It capitalizes on the experience gained in this area since the Law of the 7 December 2006 gave the CRE market surveillance powers. It is also based on feedback from discussions and interaction with the different stakeholders through public consultations. Market surveillance applies to: - electricity and gas, - bilateral transactions, trading on exchanges and cross-border transactions, - all maturities, from short-term markets to long-term contracts, - all French wholesale market counter-parties, whatever nationality they may have, - contracts for physical delivery, as well as to financial products. The Law also allows extensive surveillance of market participants' behaviour, in that the CRE can oversee not only transactions between operators but also their bids and the correspondence between the prices charged and the position of each operator. In order to address these different subjects, the electricity and gas sections of this report are divided into four main chapters dealing with the development of trading, wholesale market price trends, the fundamentals (generation, infrastructures) and, finally, the analysis of electricity transactions and the supply of alternative gas operators. Contents: A - Introduction, Summary of the report; B - Section 1 - The wholesale electricity markets: The development of the main segments of the wholesale market, Electricity prices, Analysis of generation and its transparency, Analysis of transactions; C - Section 2 - The wholesale gas markets: The development of gas trading, Gas prices, The gas infrastructures, The supply of players/new entrants; D - Section 3 - Appendices: Glossary, Index to graphs, Index to tables, Index to boxes

PRICE-RESPONSE ASYMMETRY IN DOMESTIC WHOLESALE AND RETAIL DIESEL 2 MARKETS IN PERU

OpenAIRE

Arturo Vasquez Cordano

2005-01-01

This paper tests and confirms the hypothesis that retail and wholesale Diesel 2 prices respond more quickly to increases than to decreases in wholesale and crude oil prices, respectively. Among the possible sources of this asymmetry, we find: production / inventory adjustment lags, refining adjustments, market power of some sellers, searching costs, among others. By analyzing price transmission at different points of the distribution chain, this paper attempts to shed light on these theories ...

77 FR 37034 - Notice of Effectiveness of Exempt Wholesale Generator Status

Science.gov (United States)

2012-06-20

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Notice of Effectiveness of Exempt Wholesale Generator Status Docket Nos. Solano 3 Wind LLC EG12-36-000 Atlantic Power (Coastal Rivers... EG12-39-000 Atlantic Power Limited Partnership EG12-40-000 Magic Valley Wind Farm I, LLC EG12-41-000...

The French wholesale electricity and natural gas markets. 2008 report

International Nuclear Information System (INIS)

2009-12-01

This second report on the operation of French wholesale electricity and natural gas markets deals with CRE wholesale market surveillance activities. It follows on from the different work undertaken or announced in the first surveillance report and in the proceedings of the CRE deliberation held on the 8 January 2009. It capitalizes on the experience gained in this area since the Law of the 7 December 2006 gave the CRE market surveillance powers. It is also based on feedback from discussions and interaction with the different stakeholders, through the public consultations held by CRE in 2008 and 2009. market surveillance applies to: - electricity and gas, - bilateral transactions, trading on exchanges and cross-border transactions, - all maturities, from short-term markets to long-term contracts, - all French wholesale market counter-parties, whatever nationality they may have, - contracts for physical delivery, as well as to financial products. The Law also allows extensive surveillance of market participants' behaviour, in that the CRE can oversee not only transactions between operators but also their bids and the correspondence between the prices charged and the position of each operator. In order to address these different subjects, the electricity and gas sections of this report are divided into four main chapters dealing with the development of trading, wholesale market price trends, the fundamentals (generation, infrastructures) and, finally, the analysis of electricity transactions and the supply of alternative gas operators. Contents: A - Methodology notice, Introduction, Summary of the report; B - Section 1 - Wholesale electricity markets: The development of the main wholesale market segments, Monitoring of price formation in France in terms of fundamentals and in comparison with the main interconnected European markets, Analysis and transparency of generation, The analysis of transactions; C - Section 2 - Wholesale natural gas markets: The

Wholesale gas market indicators - December 2013

International Nuclear Information System (INIS)

2013-12-01

The wholesale gas market indicators publication aims to provide general monitoring indicators about: wholesale gas prices, gas trade between France and neighboring countries, infrastructures availability and utilisation

Wholesale gas market indicators - September 2013

International Nuclear Information System (INIS)

2013-09-01

The wholesale gas market indicators publication aims to provide general monitoring indicators about: wholesale gas prices, gas trade between France and neighboring countries, infrastructures availability and utilisation

Surveillance report 2015-2016. Functioning of the wholesale electricity, CO_2 and natural gas markets

International Nuclear Information System (INIS)

2016-01-01

After a presentation of some key figures regarding the electric power and natural gas markets, this reports, illustrated by many data tables, discusses the integration of wholesale market surveillance in the European system: a complete and operational framework, constitution of a European register of participants, data reporting at the European level, link with financial regulation, and surveillance of wholesale agents. In the second part, it gives an overview of the context of the energy markets: drop in raw material prices, temperatures above normal with a particularly mild winter, sharp drop in the price of emission allowances. The third section proposes an analysis of wholesale electricity markets: fundamentals (evolutions of production and consumption, of production sources, D-7 nuclear availability), wholesale prices, major growth in exchanged volumes. The last section addresses wholesale natural gas markets: review of the gas system (evolution of demand and supply), evolution of gas prices, evolution of trading (global deliveries, spot and forward market)

Wholesale electricity markets in Europe; Mercados Mayoristas de Electricidad en Europa

Energy Technology Data Exchange (ETDEWEB)

Rios, J. L.

2010-07-01

Electricity Wholesale Markets provide efficient operation of power stations, facilitate hedging instruments for generators and retailers and deliver price signals for new investments. Despite having a common regulatory framework at European level whose last aim is a single electricity market, Wholesale markets have been unevenly developed in each Member State. The evolution form a spot-based market towards a forward-based market needs a certain level of liquidity, transparency and regulatory stability. Interconnections are the key element to promote the integration of electricity markets. To facilitate this, European Regional Initiatives have pushed regulatory harmonization between countries and market coupling projects. (Author)

Competition compliant wholesale electricity prices. An examination of the regulation on the integrity and transparency of wholesale energy market

International Nuclear Information System (INIS)

Konar, Selma

2015-01-01

The development of wholesale electricity prices showed in recent years a very fluctuating course. The starting point for ensuring competitive compliant electricity prices have uniform rules that establish effective competition in the overall wholesale electricity, ensure greater transparency in the market and prohibit market abuse influence exercised on the wholesale price. The REMIT regulation creates a first union-law rules to this standardized specifications. The volume first examines the transparency, competitiveness, and supervisory structures in the wholesale electricity before legislating a regulation. It is clear, as the transparency and supervisory structures should be designed from the wholesale electricity ideally. On this basis, the work is dealing with the REMIT regulation. The author works out to market participants relevant notification and publication requirements, the follow-up demands on the company as well as the now existing prohibitions on market abuse and the related penalty catalog and analyze the supervisory structures newly created in the wholesale electricity. Here, the work also identified the weaknesses of the regulation and shows suitable solution approaches. [de

Clean Restructuring: Design Elements for Low-Carbon Wholesale Markets and Beyond. A 21st Century Power Partnership Thought Leadership Report

Energy Technology Data Exchange (ETDEWEB)

Shah, Monisha [National Renewable Energy Lab. (NREL), Golden, CO (United States); Valenzuela, Jose Maria [World Wildlife Fund, Mexico DF (Mexico); Mora, Hector Alejandro Beltran [Energy Regulatory Commission of Mexico, Mexico DF (United States); Moller Porst, Kim [Danish Energy Agency, Copenhagen (Denmark); Hasselager, Anders [Danish Energy Agency, Copenhagen (Denmark); Friis-Jensen, Sandra [Danish Energy Agency, Copenhagen (Denmark); Vingaard, Mette [Danish Energy Agency, Copenhagen (Denmark); Wigand, Fabian [Ecofys, London (England); Tiedemann, Silvana [Ecofys, London (England); Bird, Lori [National Renewable Energy Lab. (NREL), Golden, CO (United States); Zinaman, Owen [National Renewable Energy Lab. (NREL), Golden, CO (United States); Logan, Jeffrey [National Renewable Energy Lab. (NREL), Golden, CO (United States)

2016-05-01

Countries around the world are in various stages of reforming and restructuring their power systems to better meet development needs and decarbonization commitments. Changes in technology, business models, societal needs, and environmental goals are increasing pressure on countries to consider improvements to their power systems. This report addresses key issues associated with clean restructuring--the transition from traditional, vertically integrated utilities to competitive wholesale markets that rely increasingly on variable renewable electricity sources, demand response, and other clean energy options. The report also includes case studies from Mexico, Denmark, and Germany to provide real-world examples of clean restructuring from different perspectives.

77 FR 9225 - Notice of Effectiveness of Exempt Wholesale Generator Status

Science.gov (United States)

2012-02-16

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Notice of Effectiveness of Exempt Wholesale Generator Status Docket Nos. Fire Island Wind, LLC EG12-9-000 Kaheawa Wind Power II, LLC EG12-12-000 Broken Bow Wind, LLC EG12-13-000 Crofton Bluffs Wind, LLC EG12-14-000 NRG Texas Power LLC EG12-15...

Wholesale debris removal from LEO

Science.gov (United States)

Levin, Eugene; Pearson, Jerome; Carroll, Joseph

2012-04-01

Recent advances in electrodynamic propulsion make it possible to seriously consider wholesale removal of large debris from LEO for the first time since the beginning of the space era. Cumulative ranking of large groups of the LEO debris population and general limitations of passive drag devices and rocket-based removal systems are analyzed. A candidate electrodynamic debris removal system is discussed that can affordably remove all debris objects over 2 kg from LEO in 7 years. That means removing more than 99% of the collision-generated debris potential in LEO. Removal is performed by a dozen 100-kg propellantless vehicles that react against the Earth's magnetic field. The debris objects are dragged down and released into short-lived orbits below ISS. As an alternative to deorbit, some of them can be collected for storage and possible in-orbit recycling. The estimated cost per kilogram of debris removed is a small fraction of typical launch costs per kilogram. These rates are low enough to open commercial opportunities and create a governing framework for wholesale removal of large debris objects from LEO.

Fluctuation traits of Litchi wholesale price in China

Science.gov (United States)

Yan, F. F.; Qi, W. E.; Ouyang, X.

2017-07-01

This paper chose the wholesale price of litchi as research object based on the daily data of 11 main sales markets in China -- Beijing, Chengdu, Guangzhou, Hefei, Jiaxing, Nanjing, Shanghai, Shenyang, Changsha, Zhengzhou and Chongqing from April 1, 2012 to September 30, 2016. After analyzing the fluctuation characteristics with BP filter method and H-P filter method, and the fluctuation trends of litchi wholesale price in China obtained by BP filter are roughly consistent with the trends obtained by H-P filter. The main conclusions are as follows: there is strong cyclicality in the fluctuation of litchi wholesale price; the period of fluctuations of litchi wholesale prices are not repeatable; litchi wholesale price fluctuates asymmetrically in one fluctuation cycle.

Wholesale gas market indicators - 4. Quarter 2012

International Nuclear Information System (INIS)

2013-01-01

The wholesale gas market indicators publication aims to provide general monitoring indicators about: wholesale gas prices, gas trade between France and neighboring countries, infrastructures availability and utilisation

Modeling prices of wholesale market of electric energy and power by the example of the UPS of the Ural

Directory of Open Access Journals (Sweden)

Mokhov V.G.

2017-01-01

Full Text Available The article oversees forecasting model for deviations of the balancing market index and day-ahead market index according to the maximum similarity sample for different levels of approximation in the context of positive and negative time-series value. The model was being tested on the factual data of the Integrated Power system of the Ural, Wholesale market for electricity and power of Russian Federation. Describes the price formation on the day-ahead market and the balancing market index. The necessity to use accurate forecasting methods consumption and prices of electrical energy and power to reduce penalties when the electric power industry entities on the energy exchange. The testing of mathematical models to predict the balancing market index deviations and day-ahead market based on a sample of maximum similarity with certain approximation equations for positive and negative values gave the prediction error of 3.3%.

Demographic Characteristics Related To Wholesale Marketing Of ...

African Journals Online (AJOL)

Demographic Characteristics Related To Wholesale Marketing Of Yam In Delta State, Nigeria. ... analysis reveals that wholesale yam marketing in the study area was male - dominated (78.8%), most of ... EMAIL FULL TEXT EMAIL FULL TEXT

Workers' compensation claims for musculoskeletal disorders among wholesale and retail trade industry workers--Ohio, 2005-2009.

Science.gov (United States)

2013-06-07

Work-related musculoskeletal disorders (WMSDs) resulting from ergonomic hazards are common in the United States. Recent data from the Bureau of Labor Statistics (BLS) indicate that in 2011, one third of occupational injuries and illnesses resulting in lost time from work were WMSDs. Based on data from the 2010 BLS Survey of Occupational Injuries and Illnesses, a higher rate of WMSDs resulting in lost time from work occurred in the Wholesale and Retail Trade (WRT) industry compared with most other industries. To assess trends and identify WRT subsectors and subgroups associated with high rates of WMSD workers' compensation claims, the Ohio Bureau of Workers' Compensation (OBWC) and CDC analyzed OBWC claims data for single-location WRT employers in Ohio for the period 2005-2009. From 2005 to 2009, the rate of WMSD claims declined from 86.3 to 52.8 per 10,000 employees. The three WRT industry subsectors with the highest rates of WMSD claims were Merchant Wholesalers, Nondurable Goods; Furniture and Home Furnishings Stores; and Merchant Wholesalers, Durable Goods. Within those three WRT subsectors, the highest rates of WMSD claims were noted in five subgroups: furniture stores and wholesalers of alcoholic beverages, groceries and related products, metal and minerals, and motor vehicle parts. Providing recommendations for WMSD prevention is particularly important for these WRT subgroups.

French wholesale electricity and gas markets in 2007. Monitoring report

International Nuclear Information System (INIS)

2008-12-01

Settled on 24 March 2000, the French Energy Regulatory Commission (CRE) is an independent authority. CRE supports an efficient functioning of the electricity and natural gas markets, to the advantage of final consumers. CRE ensures the absence of any discrimination, cross subsidy or obstacle to competition. CRE has examined the functioning of the wholesale markets for electricity and gas for the year 2007. The report discloses the results of a first set of analyses, as well as the next actions to be conducted in order to explain some observed behaviour. On the basis of analyses led on the electricity market, CRE observes that nuclear generation was marginal during 15% of the hours in 2007. Hydraulic generation was marginal during 25% of the hours, coal generation during 25% to 30% of the hours and oil generation during less than 2% of the hours in 2007. Finally, prices on the border markets were of high importance on the French prices which they determined during 20% to 25% of the hours of the year. On an efficient market, the price is driven by the marginal power plant among all those which contribute to satisfy the demand. Therefore the wholesale price formation is conditioned by the frequency of marginality of each generation sector and by the associated valuation of production. On the day-ahead market, when nuclear or hydraulic generation was marginal, the day-ahead price reflected the associated valuation which was decided by EDF. The level of this valuation was generally higher than the marginal generation cost of these plants. As a matter of fact, a producer, even market dominant, may legitimately seek to optimise its income, provided that there is no abuse of a dominant position or any price manipulation. Consequently, at this stage, the relevance of the valuation method for nuclear and hydraulic generation on the wholesale market is still to be checked. CRE has also demonstrated that generation transparency, even if it gradually increased, still needs to

WHOLESALER TO RETAILER GOODS FORWARDING CONTROLLING

Directory of Open Access Journals (Sweden)

Oleg NIKIFOROV

2016-06-01

Full Text Available The modern trends in the development of logistics controlling through the prism of collaboration between wholesale companies and retail chains have been considered. The nature and structure of cargo transportation by the wholesale company to the retail chain have been analysed. The key transportation processes have been identified and the reliance on transportation drivers-forwarders for their effectiveness has been determined. The study has resulted in the program-mathematical approach to the transportation controlling automation used by the wholesale company to deliver goods to the retail chain as well as the mathematical model of the system information flow. The practical recommendations for the mathematical software implementation using the AWS Forwarder software product as an example have been illustrated.

European Food and Drink Wholesalers and Sustainability

Directory of Open Access Journals (Sweden)

Peter Jones

2017-01-01

Full Text Available Purpose- The aim of this paper is to review and reflect on the sustainability agendas and achievements reported by Europe's leading food and drinks wholesalers. Design/Methodology/Approach- The paper begins with a short introduction to corporate sustainability, sustainability reporting and food and drinks wholesaling within Europe and the empirical material for the paper is drawn from reports and information posted on the leading food and drinks wholesalers' corporate websites. Findings- There are marked variations in the extent to which Europe's leading food and drinks wholesalers reported and provided information on their sustainability agendas and achievements. These agendas and achievements embraced a wide range of environmental, social and economic issues but the reporting process had a number of weaknesses that undermine its transparency and credibility. The authors also argue that the leading food and drinks wholesalers' definitions of, and commitments to, sustainability are principally driven by business imperatives as by any fundamental concern to maintain the viability and integrity of natural and social capital. More critically the authors argue that this approach is couched within existing business models centred on continuing growth and consumption Limitations- The paper is a preliminary review of the sustainability agendas and achievements publicly reported by Europe's leading food and drinks wholesalers. Originality- The role of Europe's wholesale sector in addressing sustainability has received scant attention in the academic literature and this paper will interest academics and students in business management and marketing and employees and executives working in the distribution sector of the economy.

75 FR 4373 - Notice of Effectiveness of Exempt Wholesale Generator Status

Science.gov (United States)

2010-01-27

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Notice of Effectiveness of Exempt Wholesale Generator Status January 20, 2010. Docket Nos. Gilberton Power Company EG10-1-000 CPV Keenan II Renewable Energy EG10-2-000 Vantage Wind Energy LLC EG10-3-000 Three Buttes Windpower, LLC EG10-4-000 Grant...

Power marketing and renewable energy

International Nuclear Information System (INIS)

Fang, J.M.

1997-01-01

Power marketing refers to wholesale and retail transactions of electric power made by companies other than public power entities and the regulated utilities that own the generation and distribution lines. The growth in power marketing has been a major development in the electric power industry during the last few years, and power marketers are expected to realize even more market opportunities as electric industry deregulation proceeds from wholesale competition to retail competition. This Topical Issues Brief examines the nature of the power marketing business and its relationship with renewable power. The information presented is based on interviews conducted with nine power marketing companies, which accounted for almost 54% of total power sales by power marketers in 1995. These interviews provided information on various viewpoints of power marketers, their experience with renewables, and their respective outlooks for including renewables in their resource portfolios. Some basic differences exist between wholesale and retail competition that should be recognized when discussing power marketing and renewable power. At the wholesale level, the majority of power marketers stress the commodity nature of electricity. The primary criteria for developing resource portfolios are the same as those of their wholesale customers: the cost and reliability of power supplies. At the retail level, electricity may be viewed as a product that includes value-added characteristics or services determined by customer preferences

Factors affecting the potential of direct load control for non-generating utilities. Final report. [Distribution and wholesale power supply interaction

Energy Technology Data Exchange (ETDEWEB)

None

1979-04-01

Several alternatives are available for achieving load management, including direct or voluntary control of customer loads, customer or utility energy storage systems for diurnal load shifting, and expanded interconnection and operation of electric power systems. All of these alternatives are available to the fully integrated (generating, transmitting and distributing) electric utility and the analysis of their effects encompasses the power supply and delivery system. However, the costs and benefits of the alternatives to the fully integrated electric utility are perhaps not so obvious. Therefore, by considering a non-generating utility, this analysis focuses upon the distribution system and wholesale power supply interaction as a step toward an analysis including the power supply and delivery system. This report develops an analysis procedure and discusses some of the relevant factors to be consdered in the application of direct load control for a non-generating utility system. The analysis concentrates on the distribution system only to determine the effect of rates and payback as a result of direct load control. Thus, the study is responsive to the specific needs of the non-generating utility. This analysis of direct load control encompasses the determination of those loads amenable to control, the selection of a suitable one-way communications system to rend control and the estimation of expected benefits and costs. The complementary functions to the application of direct load control such as automatic meter reading via the addition of a bi-directional communications system and voltage control are not included in the analysis but are detailed for future consideration.

Large-scale wind power integration and wholesale electricity trading benefits: Estimation via an ex post approach

International Nuclear Information System (INIS)

Gil, Hugo A.; Gomez-Quiles, Catalina; Riquelme, Jesus

2012-01-01

The integration of large-scale wind power has brought about a series of challenges to the power industry, but at the same time a number of benefits are being realized. Among those, the ability of wind power to cause a decline in the electricity market prices has been recognized. In quantifying this effect, some models used in recent years are based on simulations of the market supply-side and the price clearing process. The accuracy of the estimates depend on the quality of the input data, the veracity of the adopted scenarios and the rigorousness of the solution technique. In this work, a series of econometric techniques based on actual ex post wind power and electricity price data are implemented for the estimation of the impact of region-wide wind power integration on the local electricity market clearing prices and the trading savings that stem from this effect. The model is applied to the case of Spain, where the estimated savings are compared against actual credit and bonus expenses to ratepayers. The implications and extent of these results for current and future renewable energy policy-making are discussed. - Highlights: ► Wholesale electricity market trading benefits by wind power are quantified. ► Actual wind power forecast-based bids and electricity price data from Spain are used. ► Different econometric tools are used and compared for improved estimation accuracy. ► Estimated benefits outweigh current credit overhead paid to wind farms in Spain. ► An economically efficient benefit surplus allocation framework is proposed.

Wholesale pricing policies for energy in developing countries

International Nuclear Information System (INIS)

de Lucia, R. J.

1990-01-01

This chapter focuses on wholesale pricing policies with particular emphasis on domestic fuels. There are several characteristics of the supply system that affect wholesale pricing: Source of the fuel (imported or domestic); Characteristics of the fuel (tradable or non-tradable); Nature of the supply companies (public or private and, if private, local or multinational); and stage of development of the resource. Each of these characteristics has implications for how the components of the efficient wholesale price of fuels are determined. (author). 13 refs., 3 figs., 5 tabs

The impact of intermittently renewable energy on Italian wholesale electricity prices: Additional benefits or additional costs?

International Nuclear Information System (INIS)

Gullì, Francesco; Balbo, Antonio Lo

2015-01-01

Most studies of the literature find that the development of renewable energy sources determines a decrease in the wholesale prices. Some authors use this finding to state that the current subsidies for renewable technologies cannot be considered as excessive. By carrying out a hybrid analysis (both simulation and ex-post empirical analyses) of the case of photovoltaic energy in Italy, this article demonstrates that this result cannot be generalised. Under market power, an increase in PV production can provide benefits in terms of a wholesale price decrease only beyond a specific threshold and especially if combined with other effects. Otherwise, it is likely that PV development could imply an increase in prices. Therefore, on the one hand, caution is necessary when using the estimated change in wholesale prices to evaluate the net cost for consumers of the supporting policies for renewables: either the simulation-based models or the full empirical analyses may be misleading. On the other hand, if 'decarbonisation' is the main objective, the energy policies should be designed in order to assure a deep and balanced penetration of the clean technologies, regardless of their estimated transitory impact on wholesale prices (and in the meantime reviewing the organisation of power markets). -- Highlights: •We use a hybrid analysis based on a combined approach (both simulation and ex-post empirical analyses). •There is a critical threshold of RES penetration within which prices may increase. •Price increases are more likely with PV rather than with wind power. •Either the simulation models or the full empirical analyses may be misleading. •Caution is necessary when using the results of these analyses for policy decisions

18 CFR 35.37 - Market power analysis required.

Science.gov (United States)

2010-04-01

... 18 Conservation of Power and Water Resources 1 2010-04-01 2010-04-01 false Market power analysis required. 35.37 Section 35.37 Conservation of Power and Water Resources FEDERAL ENERGY REGULATORY... Wholesale Sales of Electric Energy, Capacity and Ancillary Services at Market-Based Rates § 35.37 Market...

76 FR 22094 - Notice of Effectiveness of Exempt Wholesale Generator Status

Science.gov (United States)

2011-04-20

... Wholesale Generator Status Docket Nos. LSP Energy, Inc EG11-43-000 Milford Wind Corridor Phase II, LLC EG11-44-000 Elk Wind Energy LLC EG11-45-000 Grande Prairie Generation, Inc EG11-46-000 Mountain View Power... CoGen Company EG11-50-000 CPV Batesville, LLC EG11-51-000 Mount Miller Wind Energy Limited Partner...

Strategic wholesale pricing for an incumbent supplier facing with a competitive counterpart.

Science.gov (United States)

Sun, Jianwu

2014-01-01

We introduce a wholesale pricing strategy for an incumbent supplier facing with a competitive counterpart. We propose a profit function which considers both the present loss and future loss from a wholesale price and then study the optimal wholesale prices for different objectives about this profit function for the incumbent supplier. First, we achieve an optimal wholesale price for the incumbent supplier to maximize his expected profit. Then, to reduce the risk originating from the fluctuation in the competitive supplier's wholesale price, we integrate the conditional value-at-risk (CVaR) measure in financial risk management into this study and derive an optimal wholesale price to maximize CVaR about profit for the incumbent supplier. Besides, the properties of the two optimal wholesale prices are discussed. Finally, some management insights are suggested for the incumbent supplier in a competitive setting.

Comparative analysis of wholesale and retail frozen fish marketing ...

African Journals Online (AJOL)

Comparative analysis of wholesale and retail frozen fish marketing in Port Harcourt Metropolis, Rivers State, Nigeria. ... from each market giving 30 retail marketers and 30 wholesale marketers. ... EMAIL FULL TEXT EMAIL FULL TEXT

Strategic Wholesale Pricing for an Incumbent Supplier Facing with a Competitive Counterpart

Directory of Open Access Journals (Sweden)

Jianwu Sun

2014-01-01

Full Text Available We introduce a wholesale pricing strategy for an incumbent supplier facing with a competitive counterpart. We propose a profit function which considers both the present loss and future loss from a wholesale price and then study the optimal wholesale prices for different objectives about this profit function for the incumbent supplier. First, we achieve an optimal wholesale price for the incumbent supplier to maximize his expected profit. Then, to reduce the risk originating from the fluctuation in the competitive supplier’s wholesale price, we integrate the conditional value-at-risk (CVaR measure in financial risk management into this study and derive an optimal wholesale price to maximize CVaR about profit for the incumbent supplier. Besides, the properties of the two optimal wholesale prices are discussed. Finally, some management insights are suggested for the incumbent supplier in a competitive setting.

Essays on wholesale auctions in deregulated electricity markets

Science.gov (United States)

Baltaduonis, Rimvydas

2007-12-01

The early experience in the restructured electric power markets raised several issues, including price spikes, inefficiency, security, and the overall relationship of market clearing prices to generation costs. Unsatisfactory outcomes in these markets are thought to have resulted in part from strategic generator behaviors encouraged by inappropriate market design features. In this dissertation, I examine the performance of three auction mechanisms for wholesale power markets - Offer Cost Minimization auction, Payment Cost Minimization auction and Simple-Offer auction - when electricity suppliers act strategically. A Payment Cost Minimization auction has been proposed as an alternative to the traditional Offer Cost Minimization auction with the intention to solve the problem of inflated wholesale electricity prices. Efficiency concerns for this proposal were voiced due to insights predicated on the assumption of true production cost revelation. Using a game theoretic approach and an experimental method, I compare the two auctions, strictly controlling for the level of unilateral market power. A specific feature of these complex-offer auctions is that the sellers submit not only the quantities and the minimum prices that they are willing to sell at, but also the start-up fees, which are designed to reimburse the fixed start-up costs of the generation plants. I find that the complex structure of the offers leaves considerable room for strategic behavior, which consequently leads to anti-competitive and inefficient market outcomes. In the last chapter of my dissertation, I use laboratory experiments to contrast the performance of two complex-offer auctions against the performance of a simple-offer auction, in which the sellers have to recover all their generation costs - fixed and variable - through a uniform market-clearing price. I find that a simple-offer auction significantly reduces consumer prices and lowers price volatility. It mitigates anti-competitive effects

27 CFR 31.34 - Wholesale dealer in beer.

Science.gov (United States)

2010-04-01

... 27 Alcohol, Tobacco Products and Firearms 1 2010-04-01 2010-04-01 false Wholesale dealer in beer... Classified § 31.34 Wholesale dealer in beer. (a) General. Except as otherwise provided in paragraph (b) of this section, every person who sells or offers for sale beer, but not distilled spirits or wines, to...

Eastern European retailers and wholesalers' buying behaviour

DEFF Research Database (Denmark)

Esbjerg, Lars; Stacey, Julia

1999-01-01

During the last ten years, retailing in Eastern Europe has undergone considerable changes. The entry of Western European retail chains into Eastern Europe has helped accelerate the distributive trade of Eastern Europe. But what does it take to sell fish and cheese to retailers and wholesalers...... in Eastern Europe compared to Western Europe? Eastern European buyers attach great importance to other aspects when they list new suppliers and products than does Western European retailing. These are the results of a MAPP study of Eastern European retail and wholesale buying behaviour for fish and cheese....... Low prices and favourable terms of payment are most important when retailers in Eastern Europe buy fish and cheese. Then follows the supplier's range of products, trustworthiness of the supplier and product quality. Eastern European wholesalers also rank price and financial conditions as most...

Hidden wholesale: The drug diffusing capacity of online drug cryptomarkets.

Science.gov (United States)

Aldridge, Judith; Décary-Hétu, David

2016-09-01

In spite of globalizing processes 'offline' retail drug markets remain localized and - in recent decades - typically 'closed', in which dealers sell primarily to known customers. We characterize drug cryptomarkets as 'anonymous open' marketplaces that allow the diffusion of drugs across locales. Where cryptomarket customers make stock-sourcing purchases for offline distribution, the cryptomarket may indirectly serve drug users who are not themselves cryptomarket customers, thereby increasing the drug diffusing capacity of these marketplaces. Our research aimed to identify wholesale activity on the first major cryptomarket, Silk Road 1. Data were collected 13-15 September 2013. A bespoke web crawler downloaded content from the first major drug cryptomarket, Silk Road 1. This generated data on 1031 vendors and 10,927 drug listings. We estimated monthly revenues to ascertain the relative importance of wholesale priced listings. Wholesale-level revenue generation (sales for listings priced over USD $1000.00) accounted for about a quarter of the revenue generation on SR1 overall. Ecstasy-type drugs dominated wholesale activity on this marketplace, but we also identified substantial wholesale transactions for benzodiazepines and prescription stimulants. Less important, but still generating wholesale revenue, were cocaine, methamphetamine and heroin. Although vendors on the marketplace were located in 41 countries, wholesale activity was confined to only a quarter of these, with China, the Netherlands, Canada and Belgium prominent. The cryptomarket may function in part as a virtual broker, linking wholesalers with offline retail-level distributors. For drugs like ecstasy, these marketplaces may link vendors in producer countries directly with retail level suppliers. Wholesale activity on cryptomarkets may serve to increase the diffusion of new drugs - and wider range of drugs - in offline drug markets, thereby indirectly serving drug users who are not cryptomarket

Power market competition

International Nuclear Information System (INIS)

Kelly, J.

1998-01-01

In the Unites States the prospect of greater competition in wholesale power market was immediately eclipsed by talk of retail competition. Attempts to move to retail competition have been costly and complex. Prudent public policy and economic analyses suggest that retail competition not be implemented until it can first be demonstrated that effective competition exists in wholesale power markets [it

Strategic Wholesale Pricing for an Incumbent Supplier Facing with a Competitive Counterpart

OpenAIRE

Sun, Jianwu

2014-01-01

We introduce a wholesale pricing strategy for an incumbent supplier facing with a competitive counterpart. We propose a profit function which considers both the present loss and future loss from a wholesale price and then study the optimal wholesale prices for different objectives about this profit function for the incumbent supplier. First, we achieve an optimal wholesale price for the incumbent supplier to maximize his expected profit. Then, to reduce the risk originating from the fluctuati...

Smart Meter Tariff Design to Minimise Wholesale Risk

OpenAIRE

Rogers, William; Carroll, Paula

2016-01-01

Smart metering in electricity markets offers an opportunity to explore more diversetariff structures. In this article a Genetic Algorithm (GA) is used to design Time ofUse tariffs that minimise the wholesale risk to the supplier in residential markets.Residential demand and the System Marginal Price of Ireland's Single ElectricityMarket are simulated to estimate the wholesale risk associated with each tariff.

Real-Time Pricing Decision Making for Retailer-Wholesaler in Smart Grid Based on Game Theory

Directory of Open Access Journals (Sweden)

Yeming Dai

2014-01-01

Full Text Available Real-time pricing DSM (demand side management is widely used to dynamically change or shift the electricity consumption in the smart grid. In this paper, a game decision making scheme is proposed in the smart grid with DSM. The interaction between two retailers and their wholesaler is modeled as a two-stage game model. Considering the competition between two retailers, two different game models are developed in terms of the different action order between retailers and their wholesaler. Through analyzing the equilibrium revenues of the retailers for different situations we find that although the wholesaler expects to decentralize certain management powers to the retailers, it has retained the right to change the rules of the game and frequently reneged on the promises. More specifically, the law should ensure that any change of the revenue-sharing formula must go through certain legal procedures. Imposing legal restrictions on the wholesaler’s discretionary policy suggests that the time-inconsistency problem is mitigated. Numerical simulation shows the effectiveness of proposed scheme.

Evaluation on Core Competitiveness of Wholesale Market of Agricultural Products Based on CWAA Operator

Institute of Scientific and Technical Information of China (English)

2011-01-01

According to relevant data,we select five indices,namely management ability,organization and management capability,enterprise culture,development ability and technical equipment ability,to establish the index system of core competitiveness of wholesale market of agricultural products.Based on combination weight arithmetic average(CWAA) operator,we advance an evaluation model of core competitiveness of wholesale market of agricultural products which involves participation of many people.By inviting five exerts,we conduct evaluation in terms of management ability of wholesale market of agricultural products,organization and management capability of leadership,enterprise culture of wholesale market of agricultural products,future development ability of wholesale market of agricultural products,and exiting technical equipment ability of wholesale market of agricultural products.We adopt hundred-mark system to grade and evaluate core competitiveness of wholesale market of agricultural products.The results show that the experts’ evaluation score of core competitiveness of wholesale market of agricultural products is high.The evaluation result is reasonable and authentic and this model is feasible.

The role of emission permits and the uncertainty of a market power on the wholesale electricity markets. The capacity retention strategy

International Nuclear Information System (INIS)

Rousse, O.

2008-01-01

The wholesale electricity markets are theoretically inherently incomplete and imperfectly competitive. This aspect is confirmed by the various empirical demonstrations of horizontal market power exercising by the capacity retention strategy. In this article, we focus on the impact of implementing an emission permit market for this type of strategy. We show that under some circumstances, the existence of emission permits can provide additional incentives to electricity producers wanting to withhold capacity. Our thinking relies partly on the concept that uncertain of prices and future needs in terms of emission permits, firms can be encouraged to retain more permits in their portfolio to ensure additional flexibility and achieve high profits in the future. (author)

Evolution of Wholesale Electricity Market Design with Increasing Levels of Renewable Generation

Energy Technology Data Exchange (ETDEWEB)

Ela, E.; Milligan, M.; Bloom, A.; Botterud, A.; Townsend, A.; Levin, T.

2014-09-01

Variable generation such as wind and photovoltaic solar power has increased substantially in recent years. Variable generation has unique characteristics compared to the traditional technologies that supply energy in the wholesale electricity markets. These characteristics create unique challenges in planning and operating the power system, and they can also influence the performance and outcomes from electricity markets. This report focuses on two particular issues related to market design: revenue sufficiency for long-term reliability and incentivizing flexibility in short-term operations. The report provides an overview of current design and some designs that have been proposed by industry or researchers.

77 FR 42719 - Notice of Effectiveness of Exempt Wholesale Generator or Foreign Utility Company Status

Science.gov (United States)

2012-07-20

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [EG12-43-000, EG12-53-000, EG12-54-000, et al.] Notice of Effectiveness of Exempt Wholesale Generator or Foreign Utility Company Status Docket Nos. Sherbino I Wind Farm LLC EG12-43-000 Eagle Point Power Generation LLC....... EG12-53-000...

Electric power's new competitive marketplace

International Nuclear Information System (INIS)

Hornick, R.; Zeppieri, J.; Rudden, K.

1993-01-01

Currently, competition is limited primarily to power generation, the sale of wholesale bulk power, and fuel substitution at the point of end use. However, within the next several years, the rivalry will focus on large, energy-intensive industrial and large commercial customers. Driven by the disparity in rates among neighboring and regional utilities, large users are expected to lobby aggressively for retail wheeling and access to new supplies. New competitors will provide customers with additional supply options, forcing traditional utilities to offer better prices and or service. Competition at the point of end use also will increase as the natural gas industry develops new end-use technologies, gas utilities compete more aggressively, and some state regulatory commissions promote fuel switching as part of integrated resource planning (IRP) and demand-side management (DSM). However, as long as electric utilities are subject to cost-based rate of return regulation within price-sensitive markets, they will be a competitive disadvantage. The paper discusses the following: competitive risks by market segment, wholesale markets, industrial markets, commercial markets, residential markets, and franchise markets

Processes of concentration of wholesale trade in poland in the light of empirical research

Directory of Open Access Journals (Sweden)

Szymon Strojny

2016-09-01

Full Text Available Background: The increasing role of trade as the integrator of distribution channels has been observed in Poland recently. Retail companies have gained a competitive advantage in relationships with both  suppliers and recipients. The natural questions are, how the situation of the wholesale trade looks at present in such a situation and what prospects it has for the future. The main aim of this paper is to identify and describe the influence of new conditions on the development of the wholesale trade as part of the supply chain. The hypothesis was assumed that this development is determined by processes related to the concentration of trade companies, which were also visiblerecently in Poland. Methods: The main concentration processes in Polish trade were identified based on a literature review and previous research. Then, based on the results of a survey and data obtained from the Central Statistical Office, the influence of these trends on the development of wholesale trade was evaluated. The further directions of changes in Polish wholesale trade were also indicated. Empirical research was conducted by the use of a direct interview with a random sample of 108 wholesale companies, both independent  and as part of chains. The research focused on wholesalers' opinions of market trends and integration processes in Polish wholesale trade and cover the  years 2014-15. Results: The results show the key market processes with regard to trade concentration. The biggest threats to the development of the wholesale trade are the processes of the horizontal concentration in retail. The concentration of retail companies leads to a shortening of the distribution channels and direct purchases from producers omitting the wholesale stage. Despite these threats, wholesalers describe their situation as good, and their opinion can be confirmed in data provided by the Central Statistical Office. Conclusions: The market processes identified must be taken into

12 CFR 345.25 - Community development test for wholesale or limited purpose banks.

Science.gov (United States)

2010-01-01

... FDIC rates a bank's community development performance as provided in Appendix A of this part. ... 12 Banks and Banking 4 2010-01-01 2010-01-01 false Community development test for wholesale or limited purpose banks. 345.25 Section 345.25 Banks and Banking FEDERAL DEPOSIT INSURANCE CORPORATION...

Assessment of business activity of the organizations wholesale trade

Directory of Open Access Journals (Sweden)

Svetlana Alekseevna Soroka

2012-09-01

Full Text Available This paper is devoted to the issues related to the assessment of business activity of the enterprises in public service sphere. The importance of this problem is in the fact that an assessment of business activity is the basis for optimal management decisions to improve the efficiency of economic activities, sustainable development both of businesses in general and wholesale trade enterprises in particular. Wholesale trade enterprises fulfill a function of sales divisions and departments for the purchase of resources. An assessment of business activity of wholesale trade organizations, circumspected fulfillment of its functions by an organization, formation of complex long-term competitive advantages lead to increased production, restoration of economic connections and inter-regional integration of the consumer market, improve the efficiency of the trading process and sustainable development of the region as a whole

The impact of Australian ETS news on wholesale spot electricity prices. An exploratory analysis

International Nuclear Information System (INIS)

Chevallier, Julien

2010-01-01

This article investigates the impact of news concerning the development of emissions trading in Australia (such as the Carbon Pollution Reduction Scheme (CPRS)) on wholesale electricity spot prices, by using a database of 117 news announcements from December 1, 1998 to July 1, 2009. As power producers constitute the bulk of the participants of the proposed Australian emissions trading scheme, regulatory changes (about allocation, banking, coverage, targets) are indeed likely to affect the five interconnected electricity markets in New South Wales, Queensland, South Australia, Victoria, and Tasmania. We assess these effects with an ARMA(1,1)-GARCH(1,1) model, where daily electricity spot prices are regressed against exogenous variables in the mean and variance equations. This article constitutes the first empirical analysis of Australian ETS news effects on electricity wholesale spot prices. Our results show two asymmetric types of news effects, depending on their information content. (author)

The impact of Australian ETS news on wholesale spot electricity prices. An exploratory analysis

Energy Technology Data Exchange (ETDEWEB)

Chevallier, Julien [Universite Paris Dauphine, Place du Marechal de Lattre de Tassigny, 75775 Paris Cedex 16 (France)

2010-08-15

This article investigates the impact of news concerning the development of emissions trading in Australia (such as the Carbon Pollution Reduction Scheme (CPRS)) on wholesale electricity spot prices, by using a database of 117 news announcements from December 1, 1998 to July 1, 2009. As power producers constitute the bulk of the participants of the proposed Australian emissions trading scheme, regulatory changes (about allocation, banking, coverage, targets) are indeed likely to affect the five interconnected electricity markets in New South Wales, Queensland, South Australia, Victoria, and Tasmania. We assess these effects with an ARMA(1,1)-GARCH(1,1) model, where daily electricity spot prices are regressed against exogenous variables in the mean and variance equations. This article constitutes the first empirical analysis of Australian ETS news effects on electricity wholesale spot prices. Our results show two asymmetric types of news effects, depending on their information content. (author)

The impact of Australian ETS news on wholesale spot electricity prices: An exploratory analysis

Energy Technology Data Exchange (ETDEWEB)

Chevallier, Julien, E-mail: julien.chevallier@dauphine.f [Universite Paris Dauphine, Place du Marechal de Lattre de Tassigny, 75775 Paris Cedex 16 (France)

2010-08-15

This article investigates the impact of news concerning the development of emissions trading in Australia (such as the Carbon Pollution Reduction Scheme (CPRS)) on wholesale electricity spot prices, by using a database of 117 news announcements from December 1, 1998 to July 1, 2009. As power producers constitute the bulk of the participants of the proposed Australian emissions trading scheme, regulatory changes (about allocation, banking, coverage, targets) are indeed likely to affect the five interconnected electricity markets in New South Wales, Queensland, South Australia, Victoria, and Tasmania. We assess these effects with an ARMA(1,1)-GARCH(1,1) model, where daily electricity spot prices are regressed against exogenous variables in the mean and variance equations. This article constitutes the first empirical analysis of Australian ETS news effects on electricity wholesale spot prices. Our results show two asymmetric types of news effects, depending on their information content.

78 FR 59922 - Notice of Effectiveness of Exempt Wholesale Generator Status

Science.gov (United States)

2013-09-30

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Notice of Effectiveness of Exempt Wholesale Generator Status Docket Nos. Chestnut Flats Lessee, LLC EG13-38-000 Osprey Energy Center, LLC EG13... 2013, the status of the above-captioned entities as Exempt Wholesale Generators became effective by...

78 FR 52523 - Notice of Effectiveness of Exempt Wholesale Generator Status

Science.gov (United States)

2013-08-23

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Notice of Effectiveness of Exempt Wholesale Generator Status Docket Nos. Dominion Bridgeport Fuel Cell, LLC EG13-31-000 Arlington Valley Solar... during the month of July 2013, the status of the above-captioned entities as Exempt Wholesale Generators...

78 FR 46939 - Notice of Effectiveness of Exempt Wholesale Generator Status

Science.gov (United States)

2013-08-02

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Notice of Effectiveness of Exempt Wholesale Generator Status Ivanpah Master Holdings, LLC. Docket No. EG13-20-000 RE Rosamond One LLC Docket... month of June 2013, the status of the above-captioned entities as Exempt Wholesale Generators Companies...

Mathematical model of the rating and weighted wholesale value of enriched anthracite. [Effects of winning, preparation and transport on lump size and threefore value

Energy Technology Data Exchange (ETDEWEB)

Malets, A L; Tikhomirov, A G

1977-01-01

A method is developed for the numerical determination of the fragmentation of anthracite at the working face and during its movement through an enrichment plant on the wholesale value of the cost. The mathematical model takes into consideration the basic factors affecting the dust content (rating criteria) in the grade coal: type of mining machine, amount of coal remaining after passage of the mining machine, coal strength, length and means of transport of the coal to the surface, granulometric composition of the coal, and the fragmentation process. (In Russian)

The merit-order effect in the Italian power market: The impact of solar and wind generation on national wholesale electricity prices

International Nuclear Information System (INIS)

Clò, Stefano; Cataldi, Alessandra; Zoppoli, Pietro

2015-01-01

Italy promoted one of the most generous renewable support schemes worldwide which resulted in a high increase of solar power generation. We analyze the Italian day-ahead wholesale electricity market, finding empirical evidence of the merit-order effect. Over the period 2005–2013 an increase of 1 GWh in the hourly average of daily production from solar and wind sources has, on average, reduced wholesale electricity prices by respectively 2.3€/MWh and 4.2€/MWh and has amplified their volatility. The impact on prices has decreased over time in correspondence with the increase in solar and wind electricity production. We estimate that, over the period 2009–2013, solar production has generated higher monetary savings than wind production, mainly because the former is more prominent than the latter. However, in the solar case, monetary savings are not sufficient to compensate the cost of the related supporting schemes which are entirely internalized within end-user tariffs, causing a reduction of the consumer surplus, while the opposite occurs in the case of wind. - Highlights: • We find empirical evidence of the merit-order effect in the Italian market. • 1 GWh from solar and wind (hourly average) reduces prices by 2.3€/MW and 4.2€/MWh. • The impact of RES on price has declined as RES production has increased. • Monetary savings from solar production do not compensate the cost of the incentives. • Monetary savings from wind production are higher than the cost of the incentives

THE DEVELOPMENT OF NEW ORGANIZATION FORMS OF WHOLESALE TRADE ENTERPRISES IN RUSSIA

Directory of Open Access Journals (Sweden)

Andrey N. Vashchekin

2015-01-01

Full Text Available The new conditions of wholesale business in Russia, formed by the economicreforms, led the formation and development of qualitatively different tradingactivity forms, new organization types,which involves reconsideration of traditional wholesale enterprises modelingconcepts. In the near future market willbe dominated with wholesale and retail associations. Competing with each other, they will gradually grow by the additionof small commercial enterprises. Thereis also the emergence of not previouslyencountered universal dual-use forms of trade organization resulting from thepenetration of network technologies in management.

Functioning of the wholesale electricity, CO2 and natural gas markets - 2013-2014 Report

International Nuclear Information System (INIS)

Monteil, Anne; Casadei, Cecile

2014-11-01

The Energy Regulatory Commission (CRE) monitors transactions by participants on the French wholesale electricity and gas markets since 2006 and it monitors CO 2 trading since late 2010 in cooperation with the AMF. This power is granted by Articles L. 131-2 and L. 131-3 of the Energy Code. Therefore, in the context of its monitoring mission, CRE ensures that wholesale energy market prices are consistent with the technical and economic fundamentals of these markets. In particular, CRE strives to verify that no market power is exercised in such a way that a participant abuses its situation to attain abnormal prices, notably with regard to its costs. This mission is now also part of the European Regulation on Energy Market Integrity and Transparency of 25 October 2011 (REMIT). The REMIT organises wholesale energy market monitoring, prohibits market abuse (insider trading and market manipulation), and requires market participants to disclose any inside information they hold. It entrusts market monitoring, at European level, to the Agency for the Cooperation of Energy Regulators (ACER) in cooperation with national regulatory authorities responsible for national investigations and sanctions. The French law of 15 April 2013 on the transition towards green growth expressly entrusted CRE with the mission of ensuring REMIT implementation and CoRDiS jurisdiction to sanction any breaches of the regulation. The present report reviews the development of wholesale markets over the course of 2013 and the first half of 2014. It also presents detailed completed or ongoing analyses related to market participants' behaviour or to market events. The difficulties encountered by energy producers were confirmed during 2013 and the first half of 2014, in particular for electricity producers. The costs of production for coal-fired power stations remained particularly low, due especially to a continued drop in the coal prices and despite a slight increase in the CO 2 prices. Production

77 FR 69618 - Notice of Effectiveness of Exempt Wholesale Generator Status

Science.gov (United States)

2012-11-20

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Notice of Effectiveness of Exempt Wholesale Generator Status Docket Nos. NRG Solar Borrego I LLC EG12-96-000 Energy Alternatives Wholesale, LLC..... EG12-97-000 Brookfield Smoky Mountain Hydropower EG12-98-000 LLC. Horse Butte Wind I LLC EG12...

Market Monitor, development of the wholesale trade market of electricity 2006. Results

International Nuclear Information System (INIS)

Vermeulen, M.; Mulder, M.; Van den Reek, W.; Thomeer, G.; De Kleijn, M.

2007-12-01

The Office of Energy Regulation carries out its legal task by means of a monitor, a practical tool to assess and analyze the wholesale market for electricity. Monitoring of the wholesale electricity market concerns continuous, accurate and structured following of developments in the market. The aim is to identify in time signals from the market that could lead to a decrease of competition and transparency. The starting point of the monitor for the wholesale electricity market is the selection of indicators which give insight in real competition, liquidity and transparency [nl

Economic impacts of electricity liberalization on the status of nuclear power generation in the United States

International Nuclear Information System (INIS)

Hattori, Toru

2015-01-01

This paper discusses the economic impact of electricity liberalization on the status of nuclear power generation in the United States. Nuclear power plants have been treated equally with other types of power plants in the liberalized electricity market. The existing nuclear power plants were thought to be competitive in liberalized wholesale electricity market. Competitive pressure from the market also facilitated efficiency improvement among the existing nuclear power plants. Although it was difficult to build new reactor, the U.S. nuclear power generators expanded capacity through up rates. In recent years, however, nuclear power plants suffer from the decline in wholesale power prices and some of them are forced to retire early. Although there are some market design issues that could be improved to maintain the efficient nuclear power plants in competitive environment, it is now argued that some additional arrangements to mitigate the investment risks of the nuclear power plants are necessary. (author)

Wholesale bakeries: A small-business guide. Final report

Energy Technology Data Exchange (ETDEWEB)

NONE

1996-09-01

Commercial baking is thought to be one of the world`s oldest industries, with evidence of commercial bakeries dating back to the Egyptians. In the late 19th century, technological innovations such as the development of {open_quotes}tame{close_quotes} yeast and the mechanization of bread kneading enabled mass production of baked goods. As a result, larger {open_quotes}wholesale{close_quotes} baking facilities began to replace smaller local bakeries. Today, there are over 3000 wholesale bakeries across the United States. This report is intended to provide information on the bakery business from the perspective of processes, issues, and challenges faced, including energy consumption of electrically driven equipment.

The surveillance of the electricity wholesale market and emission trading market

International Nuclear Information System (INIS)

Luedemann, Volker

2015-01-01

The Regulation on Wholesale Market Integrity and Transparency (REMIT) and the German Law on the Establishment of a Market Transparency Office for Wholesale Trade in Electricity and Gas (MTS-G) have fundamentally changed the surveillance of electricity wholesale trade in Germany. From now on the Federal Network Agency and the Federal Cartel Office will be jointly responsible for monitoring the electricity wholesale trade for suspicious market phenomena and abusive behaviour. The REMIT specifies that the electricity trade must be surveilled ''with due consideration to interactions'' with the emission trade system. However, occurrences observed in recent years have shown that the emission trading system is in need of reform. This has also been recognised and has prompted extensive corrective action by the regulatory authorities of the European Union. These changes have yet to be transposed into the national surveillance regimes. The present article explains why the new role accorded to the Federal Network Agency under the REMIT fails to eliminate the structural shortcomings of the old surveillance system. At least the decision to put the collection and evaluation of data exclusively in the hands of the market transparency office and the cooperation this will prompt between the supervisory authorities responsible will make the task of surveilling the energy wholesale trading market a lot easier for the authorities. The energy transition and its exigencies will yet lead to further changes in the market and its surveillance regime.

Distributional effects of the Australian Renewable Energy Target (RET) through wholesale and retail electricity price impacts

International Nuclear Information System (INIS)

Cludius, Johanna; Forrest, Sam; MacGill, Iain

2014-01-01

The Australian Renewable Energy Target (RET) has spurred significant investment in renewable electricity generation, notably wind power, over the past decade. This paper considers distributional implications of the RET for different energy users. Using time-series regression, we show that the increasing amount of wind energy has placed considerable downward pressure on wholesale electricity prices through the so-called merit order effect. On the other hand, RET costs are passed on to consumers in the form of retail electricity price premiums. Our findings highlight likely significant redistributive transfers between different energy user classes under current RET arrangements. In particular, some energy-intensive industries are benefiting from lower wholesale electricity prices whilst being largely exempted from contributing to the costs of the scheme. By contrast, many households are paying significant RET pass through costs whilst not necessarily benefiting from lower wholesale prices. A more equitable distribution of RET costs and benefits could be achieved by reviewing the scope and extent of industry exemptions and ensuring that methodologies to estimate wholesale price components in regulated electricity tariffs reflect more closely actual market conditions. More generally, these findings support the growing international appreciation that policy makers need to integrate distributional assessments into policy design and implementation. - Highlights: • The Australian RET has complex yet important distributional impacts on different energy users. • Likely wealth transfers from residential and small business consumers to large energy-intensive industry. • Merit order effects of wind likely overcompensate exempt industry for contribution to RET costs. • RET costs for households could be reduced if merit order effects were adequately passed through. • Need for distributional impact assessments when designing and implementing clean energy policy

Retail Price Levels and Concentrations of Wholesalers, Retailers and Hypermarkets

OpenAIRE

Asplund, Marcus; Friberg, Richard

1999-01-01

This paper examines retail grocery price levels with a very large (unbalanced) panel of stores that operate in well-defined local markets. We explain price variation across grocery retailers by the concentration of wholesalers and retailers, and the market share of hypermarkets (and control for a number of store and region specific factors). Our most important result is that concentration at the wholesale level is an important determinant of retail prices. The price effect of retail concentra...

Introduction to market power issues

International Nuclear Information System (INIS)

2002-01-01

This paper presents an initial introduction to market power issues in wholesale electric power markets. Market power was described as the ability of sellers to act together to profitably maintain prices above competitive levels for a significant period of time. The two general forms of market power, vertical and horizontal market power, were described with reference to how they may be exercised. The factors that should be considered when evaluating the competitiveness of a market include: (1) market share of suppliers, (2) overall market concentration, (3) elasticity of demand, (4) shape of the industry supply curve, (5) the amount and distribution of excess supply, (6) typical contractual arrangements and the process for establishing prices, and (7) the relative ease to enter the market. It was noted that a narrow market scope allows only wholesale market sector (such as municipal utilities) to access competitive electricity supplies, however, a more expansive definition of market scope would consider the sale of electricity to industrial customers. This would allow more players to enter the Nova Scotia market. The barriers to entry for wholesale electric power markets are: (1) access to the transmission grids and services, (2) sites for new capacity development, (3) major inputs to power generation, (4) transportation of major inputs to generation, and (5) lack of liquidity

Economic Conditions and Factors Affecting New Nuclear Power Deployment

Energy Technology Data Exchange (ETDEWEB)

Harrison, Thomas J [ORNL

2014-10-01

This report documents work performed in support of the US Department of Energy Office of Nuclear Energy’s Advanced Small Modular Reactor (AdvSMR) program. The report presents information and results from economic analyses to describe current electricity market conditions and those key factors that may impact the deployment of AdvSMRs or any other new nuclear power plants. Thus, this report serves as a reference document for DOE as it moves forward with its plans to develop advanced reactors, including AdvSMRs. For the purpose of this analysis, information on electricity markets and nuclear power plant operating costs will be combined to examine the current state of the nuclear industry and the process required to successfully move forward with new nuclear power in general and AdvSMRs in particular. The current electricity market is generally unfavorable to new nuclear construction, especially in deregulated markets with heavy competition from natural gas and subsidized renewables. The successful and profitable operation of a nuclear power plant (or any power plant) requires the rate at which the electricity is sold to be sufficiently greater than the cost to operate. The wholesale rates in most US markets have settled into values that provide profits for most operating nuclear power plants but are too low to support the added cost of capital recovery for new nuclear construction. There is a strong geographic dependence on the wholesale rate, with some markets currently able to support new nuclear construction. However, there is also a strong geographic dependence on pronuclear public opinion; the areas where power prices are high tend to have unfavorable views on the construction of new nuclear power plants. The use of government-backed incentives, such as subsidies, can help provide a margin to help justify construction projects that otherwise may not seem viable. Similarly, low interest rates for the project will also add a positive margin to the economic

Industrial customer response to wholesale prices in the restructured Texas electricity market

International Nuclear Information System (INIS)

Zarnikau, J.

2007-01-01

This paper estimates the demand responsiveness of the 20 largest industrial energy consumers in the Houston area to wholesale price signals in the restructured Electric Reliability Council of Texas (ERCOT) market. Statistical analysis of their load patterns employing a Symmetric Generalized McFadden cost function model suggests that ERCOT achieved limited success in establishing a market that facilitates demand response from the largest industrial energy consumers in the Houston area to wholesale price signals in its second year of retail competition. The muted price response is at least partially because energy consumers who opt to offer their ''interruptibility'' to the market as an ancillary service are constrained in their ability to respond to wholesale energy prices. (author)

Power plants investment decision-making in consideration of investment risk

International Nuclear Information System (INIS)

Oda, Junichiro; Matsuhashi, Ryuji; Yoshida, Yoshikuni; Takashima, Ryuta

2005-01-01

In this paper, we consider the investment risk of nuclear power plants using the real options approach. It is essential that the Japanese society evaluate the investment risk, because nuclear power plants are facing definite uncertainty and Japanese governments intend to promote and assist nuclear power plants through subsidies and policy actions. We assumed that the wholesale market prices of electricity constitute the definite uncertainty and that the wholesale market prices follow the geometric Brownian motion with drift. Using the Bellman equation and a lattice framework, we evaluated the value of investment opportunity, the value of equipment, and the critical prices that are optimal prices to invest in a nuclear power plant in the finite time horizon. This analysis shows that higher volatility of the wholesale market prices would give power companies lower incentive to construct electric power plants, particularly capital-intensive power plants. In order to deliberate and hold the Japanese governments accountable for the economics of nuclear power plants, multifaceted evaluation is needed. (author)

Outsourcing Wholesale Logistics, A Model for Future Systems

National Research Council Canada - National Science Library

McDaniels, Lloyd

2002-01-01

.... This paper outlines the method to reduce those costs by providing incentives to simultaneously increase operational readiness and reduce logistics requirements of the system at both the wholesale and retail levels...

75 FR 63805 - Annual Wholesale Trade Survey

Science.gov (United States)

2010-10-18

... on annual sales, e-commerce sales, purchases, total operating expenses, year-end inventories held... wholesale distributors, the Census Bureau will collect data covering sales, e-commerce sales, year-end... manufacturers' sales branches and offices, the Census Bureau will collect data covering annual sales, e-commerce...

76 FR 64894 - Annual Wholesale Trade Survey

Science.gov (United States)

2011-10-19

... covering annual sales, e-commerce sales, year-end inventories held inside and outside the United States and... on annual sales, e-commerce sales, purchases, total operating expenses, year-end inventories held... DEPARTMENT OF COMMERCE Bureau of the Census [Docket Number 111007614-1611-01] Annual Wholesale...

Market structure and price adjustment in the U.S. wholesale gasoline markets

International Nuclear Information System (INIS)

Oladunjoye, Olusegun

2008-01-01

The issue of sticky prices in U.S. wholesale gasoline market is re-examined allowing for the effect of market structure due to increased market concentration caused by mergers, acquisitions and joint ventures which started in the late 1990s in the U.S. oil industry. I investigate the effects of market structure on the pattern of price adjustment based on the notion that increased market concentration leads to downward price stickiness and asymmetric short run price adjustment in the transmission of crude price changes to wholesale gasoline price. I find that market concentration has an insignificant asymmetric effect on the speed of price adjustment but a significant asymmetric effect on short run price adjustments in the response of wholesale gasoline prices to crude price shocks in three U.S. wholesale markets. Furthermore, the signs on the coefficients of market concentration effects on price dynamics in the models support the assertion that increased market concentration leads to downward price stickiness in only one of the three markets examined. Overall, the results indicate that market structure does not have a strong effect on the dynamics of price adjustment. (author)

Strategic Wholesale Pricing and Commonality Strategy in a Supply Chain with Quality Segmentation

Directory of Open Access Journals (Sweden)

Tiantian Xu

2015-01-01

Full Text Available We develop two game models of a one-supplier and one-manufacturer supply chain to investigate the supplier’s strategic wholesale pricing decision and the manufacturer’s commonality strategy. The manufacturer has three commonality strategies for the high-end and low-end products: common high-quality component, common low-quality component, and dedicated components. We consider both wholesale price first scenario and commonality strategy first scenario. Under the wholesale price first scenario, we identify the range of each commonality strategy and find that (i the common low-quality component strategy is harmful to the supplier; (ii if the quality of low-quality component and the unit production cost of high-quality component are sufficiently low, the supplier induces the common high-quality component strategy by strategically decreasing the unit wholesale price of high-quality component, while if they are sufficiently high, the supplier induces the dedicated components strategy by increasing the unit wholesale price of high-quality component and decreasing that of low-quality one. Under the commonality strategy first scenario, the common low-quality component strategy may exist. By comparing the two scenarios, we find that (i if the unit production cost of low-quality component is medium, the equilibrium outcomes under both scenarios are identical; (ii there exists a first-mover advantage for the two players.

75 FR 20991 - Credit Reforms in Organized Wholesale Electric Markets; Notice of Technical Conference

Science.gov (United States)

2010-04-22

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. RM10-13-000] Credit Reforms in Organized Wholesale Electric Markets; Notice of Technical Conference April 15, 2010. Take notice... related to the Commission's Notice of Proposed Rulemaking on Credit Reforms in Organized Wholesale...

75 FR 26749 - Credit Reforms in Organized Wholesale Electric Markets; Notice of Technical Conference

Science.gov (United States)

2010-05-12

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. RM10-13-000] Credit Reforms in Organized Wholesale Electric Markets; Notice of Technical Conference April 15, 2010. Take notice... related to the Commission's Notice of Proposed Rulemaking on Credit Reforms in Organized Wholesale...

Overview of Wholesale Electricity Markets

Energy Technology Data Exchange (ETDEWEB)

Milligan, Michael [National Renewable Energy Laboratory (NREL), Golden, CO (United States); Bloom, Aaron P [National Renewable Energy Laboratory (NREL), Golden, CO (United States); Cochran, Jaquelin M [National Renewable Energy Laboratory (NREL), Golden, CO (United States); Townsend, Aaron [National Renewable Energy Laboratory (NREL), Golden, CO (United States); Ela, Erik [Electric Power Research Institute; Botterud, Audun [Argonne National Laboratory; Levin, Todd [Argonne National Laboratory

2018-02-15

This chapter provides a comprehensive review of four key electricity markets: energy markets (day-ahead and real-time markets); ancillary service markets; financial transmission rights markets; capacity markets. It also discusses how the outcomes of each of these markets may be impacted by the introduction of high penetrations of variable generation. Furthermore, the chapter examines considerations needed to ensure that wholesale market designs are inclusive of emerging technologies, such as demand response, distributed generation, and distributed storage.

Oil industry consolidation and refined product prices. Evidence from US wholesale gasoline terminals

International Nuclear Information System (INIS)

Kendix, Michael; Walls, W.D.

2010-01-01

Our objective in this paper is to quantify the impact of petroleum industry consolidation on refined product prices, controlling for other important factors that could also impact prices. Our empirical analysis focuses on the US petroleum refining industry using data on industry consolidation and wholesale gasoline prices collected over the interval 2000-2008. We match refinery units to wholesale city-terminal gasoline markets, and then estimate pooled cross-section time-series regressions to quantify the impact of petroleum industry consolidation on wholesale gasoline prices at city-specific terminals. The results of the empirical analysis of mergers are mixed, showing that some petroleum industry mergers resulted in statistically significant increases in refined product prices; others resulted in statistically significant declines and still others had no statistical impact at all. Our analysis of the effects of measures of market concentration - one at the level of city-specific wholesale terminals and another at the level of regional spot markets - found evidence that less concentrated markets are associated with lower price levels. (author)

Functioning of the wholesale electricity, CO_2 and natural gas markets. Report 2015-2016 Surveillance

International Nuclear Information System (INIS)

2016-01-01

No major tightness was observed in 2015 in the French wholesale electricity and gas markets, against a drop in raw material prices, with another year warmer than usual and a particularly mild winter 2015-2016. The drop in oil prices, which was fast in 2014, continued in 2015, down an average 36 % between the two years. Coal prices dropped. However, raw material prices rebounded in the first months of 2016. Therefore, between the first and second quarter of 2016, oil prices increased 26 % reaching euro-31/barrel. Similarly, the price of coal increased from euro-32.4/t in January to euro-50.1/t at the end of June (+55 %). Developments in supply, and especially in demand, related to growth prospects are responsible in part for these changes. These trends are reflected in the wholesale energy price developments. The price of CO_2 allowances was disconnected from the raw material trends, first with an increase in 2015 exceeding euro-8/ton, followed by a sharp decline early 2016. This fall is due in particular to sales carried out by electricity producers in Europe against a backdrop of excess allowances. In this context, the French government proposed a national minimum price for the ton of CO_2 for thermal power stations. On 11 July 2016, the government announced that this mechanism would be applied only to coal plants. CRE recommends that the effects of such a mechanism should be studied specifically given the potential effects on the functioning of markets. The following in particular should be analysed: - the effects on wholesale electricity prices in France and on border exchanges; - the resulting carbon footprint since the expected rise in French wholesale electricity prices could lead to high-carbon electricity imports from bordering countries according to the periods of the year; - the micro-economic effects for the plants concerned and the macro-economic effects in terms of supply security; - and lastly, how it will link with the European framework, in

Nash equilibrium strategy in the deregulated power industry and comparing its lost welfare with Iran wholesale electricity market

Science.gov (United States)

Mousavi, Seyed Hosein; Nazemi, Ali; Hafezalkotob, Ashkan

2016-09-01

With the increasing use of different types of auctions in market designing, modeling of participants' behaviors to evaluate the market structure is one of the main discussions in the studies related to the deregulated power industries. In this article, we apply an approach of the optimal bidding behavior to the Iran wholesale electricity market as a restructured electric power industry and model how the participants of the market bid in the spot electricity market. The problem is formulated analytically using the Nash equilibrium concept composed of large numbers of players having discrete and very large strategy spaces. Then, we compute and draw supply curve of the competitive market in which all generators' proposed prices are equal to their marginal costs and supply curve of the real market in which the pricing mechanism is pay-as-bid. We finally calculate the lost welfare or inefficiency of the Nash equilibrium and the real market by comparing their supply curves with the competitive curve. We examine 3 cases on November 24 (2 cases) and July 24 (1 case), 2012. It is observed that in the Nash equilibrium on November 24 and demand of 23,487 MW, there are 212 allowed plants for the first case (plants are allowed to choose any quantity of generation except one of them that should be equal to maximum Power) and the economic efficiency or social welfare of Nash equilibrium is 2.77 times as much as the real market. In addition, there are 184 allowed plants for the second case (plants should offer their maximum power with different prices) and the efficiency or social welfare of Nash equilibrium is 3.6 times as much as the real market. On July 24 and demand of 42,421 MW, all 370 plants should generate maximum energy due to the high electricity demand that the economic efficiency or social welfare of the Nash equilibrium is about 2 times as much as the real market.

State Electricity Regulatory Policy and Distributed Resources: Accommodating Distributed Resources in Wholesale Markets

Energy Technology Data Exchange (ETDEWEB)

Weston, F.; Harrington, C.; Moskovitz, D.; Shirley, W.; Cowart, R.; Sedano, R.

2002-10-01

Distributed resources can provide cost-effective reliability and energy services - in many cases, obviating the need for more expensive investments in wires and central station electricity generating facilities. Given the unique features of distributed resources, the challenge facing policymakers today is how to restructure wholesale markets for electricity and related services so as to reveal the full value that distributed resources can provide to the electric power system (utility grid). This report looks at the functions that distributed resources can perform and examines the barriers to them. It then identifies a series of policy and operational approaches to promoting DR in wholesale markets. This report is one in the State Electricity Regulatory Policy and Distributed Resources series developed under contract to NREL (see Annual Technical Status Report of the Regulatory Assistance Project: September 2000-September 2001, NREL/SR-560-32733). Other titles in this series are: (1) Distributed Resource Distribution Credit Pilot Programs - Revealing the Value to Consumers and Vendors, NREL/SR-560-32499; (2) Distributed Resources and Electric System Reliability, NREL/SR-560-32498; (3) Distribution System Cost Methodologies for Distributed Generation, NREL/SR-560-32500; (4) Distribution System Cost Methodologies for Distributed Generation Appendices, NREL/SR-560-32501

Theoretical Model of Pricing Behavior on the Polish Wholesale Fuel Market

Directory of Open Access Journals (Sweden)

Bejger Sylwester

2016-12-01

Full Text Available In this paper, we constructed a theoretical model of strategic pricing behavior of the players in a Polish wholesale fuel market. This model is consistent with the characteristics of the industry, the wholesale market, and the players. The model is based on the standard methodology of repeated games with a built-in adjustment to a focal price, which resembles the Import Parity Pricing (IPP mechanism. From the equilibrium of the game, we conclude that the focal price policy implies a parallel pricing strategic behavior on the market.

29 CFR 784.155 - Activities performed in wholesale establishments.

Science.gov (United States)

2010-07-01

... other receivers. Transportation to and from the establishment is also included (Johnson v. Johnson & Company, Inc., N.D. Ga., 47 F. Supp. 650). Office and clerical employees of a wholesaler who perform...

Economics Of Wholesale Marketing Of Tomato Fruits In Ibadan ...

African Journals Online (AJOL)

Economics Of Wholesale Marketing Of Tomato Fruits In Ibadan Metropolis Of Oyo State, Nigeria. ... fruits, determining marketing efficiency, margin and marketing costs associated with tomato marketing. ... EMAIL FULL TEXT EMAIL FULL TEXT

75 FR 28004 - Credit Reforms in Organized Wholesale Electric Markets; Notice Establishing Date for Comments

Science.gov (United States)

2010-05-19

... Proposed Rulemaking on Credit Reforms in Organized Wholesale Electric Markets.\\1\\ Specifically, the... counterparty to transactions in their markets \\1\\ Credit Reforms in Organized Wholesale Electric Markets, 130... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. RM10-13-000] Credit Reforms...

Machine concept optimization for pumped-storage plants through combined dispatch simulation for wholesale and reserve markets

International Nuclear Information System (INIS)

Engels, Klaus; Harasta, Michaela; Braitsch, Werner; Moser, Albert; Schaefer, Andreas

2012-01-01

In Germany's energy markets of today, pumped-storage power plants offer excellent business opportunities due to their outstanding flexibility. However, the energy-economic simulation of pumped-storage plants, which is necessary to base the investment decision on a sound business case, is a highly complex matter since the plant's capacity must be optimized in a given plant portfolio and between two relevant markets: the scheduled wholesale and the reserve market. This mathematical optimization problem becomes even more complex when the question is raised as to which type of machine should be used for a pumped-storage new build option. For the first time, it has been proven possible to simulate the optimum dispatch of different pumped-storage machine concepts within two relevant markets - the scheduled wholesale and the reserve market - thereby greatly supporting the investment decision process. The methodology and findings of a cooperation study between E.ON and RWTH Aachen University in respect of the German pumped-storage extension project 'Waldeck 2+' are described, showing the latest development in dispatch simulation for generation portfolios. (authors)

A history of prices in Canada, 1840-1871: a new wholesale price index

OpenAIRE

Donald G. Paterson; Ronald A. Shearer

2003-01-01

We present a new monthly wholesale price index for Canada, 1840-71, comparing fluctuations in the Canadian macroeconomy with fluctuations in similar U.S. and British indexes. Canadian prices move through distinct phases: the 1840s rise in prices and the decline in the depression of 1848-49; the mid-century economic boom and the 1857 depression; U.S. Civil War inflation and apparent Canadian price insulation through a flexible exchange rate created by U.S. withdrawal from gold; and the non-inf...

Cost of nuclear power generation judged by power rate

International Nuclear Information System (INIS)

Hirai, Takaharu

1981-01-01

According to estimation guidance, power rates in general are the proper cost plus the specific compensation and adjustment addition. However, the current system of power rates is of power-source development promotion type involving its tax. The structure of power rate determination must be restudied now especially in connection of nuclear power generation. The cost of nuclear power generation as viewed from power rate is discussed as follows: the fear of military application of power plants, rising plant construction costs, the loophole in fuel cost calculation, unreasonable unit power cost, depreciation and repair cost, business compensation, undue business compensation in nuclear power, the costs of nuclear waste management, doubt concerning nuclear power cost, personnel, pumping-up and power transmission costs in nuclear power, energy balance analysis, nuclear power viewed in entropy, the suppression of power consumption. (J.P.N.)

Analysing the relationship between wholesale and end-user prices in the Nordic electricity market

International Nuclear Information System (INIS)

Lewis, P.E.; Johnsen, T.A.; Naervae, T.; Wasti, S.

2004-09-01

Efficient pricing in a deregulated market means prices which closely reflect the cost of obtaining electricity in the wholesale market. This research report analyses and explains the relationship between wholesale prices (especially Spot Prices) and end-user prices for residential, industrial and commercial users in the Finnish, Swedish and Norwegian electricity markets. The report primarily analyses the closeness of wholesale and end-user price patterns (the primary tracking period is 1998-2003, focusing especially closely on Finland and the period 2002-2003). The report reveals that Finnish, Norwegian and Swedish end- user prices can all be said to follow spot prices (and other wholesale prices) to a greater or lesser extent. The relationship is however complex and, especially regarding spot prices, clearly closest in Norway, followed by Sweden and then Finland. Whilst, overall, Finnish prices seem quite competitive and Nordic end-user prices currently seem to be extremely similar, there is some cause for concern in Finland. In particular, very few customers have spot based tariffs; wholesale prices (including spot prices) appear to sometimes have been used as an excuse for end-user price rises; Finnish suppliers have often been slow to respond to post-spike spot price reductions; offer prices are currently often higher than standard variable prices; and suppliers seem quite free to follow any pricing strategy, regardless of the presence of competition. Six factors are identified which influence end-user prices and their relationship with wholesale (and particularly spot) prices: hydro-dependency; concentration and entry barriers; cultural and historical determination; legislation; pricing strategies; the competitive environment. The report additionally specifically illustrates a wide variety of possible supplier strategies which might explain Finnish end-user pricing. Spot prices seem to provide only a minor explanation for Finnish end-user prices. (orig.)

The functioning of the electricity, CO2 and natural gas wholesale markets in 2011-2012

International Nuclear Information System (INIS)

2012-11-01

The Commission for Energy Regulation (CRE) monitors electricity and natural gas transactions carried out between suppliers, traders and producers, transactions carried out on the organised markets as well as cross-border trades. CRE's mission of monitoring wholesale markets aims to ensure that wholesale market energy prices are consistent with the technical and economic fundamentals of these markets. In particular, CRE strives to verify that no market power is exercised in such a way that a participant abuses its situation to attain abnormal prices, notably with regard to its costs. This task is now also in line with the Regulation on Energy Market Integrity and Transparency known as REMIT. This fifth surveillance report of the CRE presents and analyses the developments of wholesale markets in France in 2011 and the first semester of 2012 for electricity, gas and CO 2 . It also details the investigations carried out in relation to the behaviour of stakeholders or in case of particular market events. On the electricity market, the average spot price increased slightly and was established at euro 49/MWh (base-load), i.e. an increase of 3% compared with 2010; the price of the Calendar 2013 product increased following the German moratorium on nuclear energy before gradually decreasing over the second half of the year. The announcement of the moratorium also resulted in a price differential reversal with Germany (German prices becoming more expensive) until February 2012. Volumes traded also remained stable despite a drop in trade on the futures market. On the gas market, the LNG offer in Europe and France clearly fell on account of trade-offs with the Asian market where demand greatly increased following the accident of Fukushima, with gas replacing nuclear in electricity generation. Gas prices rose on average but remained more stable than in 2010 both on spot markets and futures markets. They progressed, however, at a lower rate than oil products on which long

The supply function equilibrium and its policy implications for wholesale electricity auctions

International Nuclear Information System (INIS)

Holmberg, Paer; Newbery, David

2010-01-01

The supply function equilibrium provides a game-theoretic model of strategic bidding in oligopolistic wholesale electricity auctions. This paper presents an intuitive account of current understanding and shows how welfare losses depend on the number of firms in the market and their asymmetry. Previous results and general recommendations for divisible-good/multi-unit auctions provides guidance on the design of the auction format, setting the reservation price, the rationing rule, and restrictions on the offer curves in wholesale electricity auctions. (author)

75 FR 19959 - Uilk Wind Farm, LLC; Notice of Effectiveness of Exempt Wholesale Generator Status

Science.gov (United States)

2010-04-16

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. EG10-17-000] Uilk Wind Farm, LLC; Notice of Effectiveness of Exempt Wholesale Generator Status April 9, 2010. Take notice that during the month March, 2010, the status of the above-captioned entities as Exempt Wholesale Generators...

Wholesale electricity, CO2, and gas market functioning. 2012-2013 report

International Nuclear Information System (INIS)

2013-10-01

The Energy Regulatory Commission (CRE) monitors transactions by participants on the French wholesale electricity and gas markets since 2006 and it monitors CO 2 trading since late 2010 in cooperation with the AMF. This power is granted by Articles L. 131-2 and L. 131-3 of the Energy Code. Therefore, in the context of its monitoring mission, CRE ensures that wholesale energy market prices are consistent with the technical and economic fundamentals of these markets. In particular, CRE strives to verify that no market power is exercised in such a way that a participant abuses its situation to attain abnormal prices, notably with regard to its costs. This mission is now also part of the European Regulation on Energy Market Integrity and Transparency of 25 October 2011 (REMIT). The REMIT organises wholesale energy market monitoring, prohibits market abuse (insider trading and market manipulation), and requires market participants to disclose any inside information they hold. It entrusts market monitoring, at European level, to the Agency for the Cooperation of Energy Regulators (ACER) in cooperation with national regulatory authorities responsible for national investigations and sanctions. The Brottes law of 15 April 2013 expressly entrusted CRE with the mission of ensuring REMIT implementation and CoRDis jurisdiction to sanction any breaches of the regulation. The energy markets are experiencing major change. The emergence of unconventional hydrocarbons in North America has profoundly changed the global balance of gas and oil production. American gas market prices dropped due to abundant supply causing a significant decline in imports of liquefied natural gas (LNG) from across the Atlantic and a strong incentive to produce electricity in gas-fired plants to the detriment of coal-fired plants. This significant decline in demand for coal in the United States significantly weakened global coal prices. World energy demand is mainly driven by emerging markets, particularly

Perceptions and practices of pharmaceutical wholesalers surrounding counterfeit medicines in a developing country: a baseline survey

Directory of Open Access Journals (Sweden)

Khan Mohiuddin H

2011-11-01

Full Text Available Abstract Background Recent investigations by the Ministry of Health of Cambodia suggest that counterfeit medicines have been introduced into the pharmaceutical market in tampered packaging. To further explore this possibility, an interview survey was conducted at the wholesaler level to investigate the medicinal supply chain in Cambodia. Methods Managing executives of 62 (83.8% registered wholesalers of modern medicines in Cambodia were interviewed in 2009 on their knowledge of, perception on, and practices related to counterfeiting issues through a semi-structured questionnaire. Results According to our findings, 12.9% of the wholesalers had encountered counterfeit medicine. However, they demonstrated a variety of perceptions regarding this issue. A majority (59.7% defined counterfeit medicines as medicines without registration, while other definitions included medicines that were fraudulently manufactured, medicines without a batch/lot number, those containing harmful ingredients or a reduced amount of active ingredients, and expired medicines. Additionally, 8.1% responded that they did not know what counterfeit medicines were. During procurement, 66.1% of the wholesalers consider whether the product is registered in Cambodia, while 64.5% consider the credibility and quality of the products and 61.3% consider the reputation of the manufacturers. When receiving a consignment, 80.6% of wholesalers check the intactness of medicines, 72.6% check the specification and amount of medicines, 71% check Cambodian registration, 56.5% check that the packaging is intact, 54.8% check batch and lot numbers, 48.4% check the dates of manufacture and expiration, and 9.7% check analytical certificates. Out of 62 wholesalers, 14.5% had received medicines that arrived without packages or were separated from their packaging and had to be repacked before distribution. Significant statistical association was found between wholesalers who received medicines separately

Perceptions and practices of pharmaceutical wholesalers surrounding counterfeit medicines in a developing country: a baseline survey.

Science.gov (United States)

Khan, Mohiuddin H; Akazawa, Manabu; Dararath, Eav; Kiet, Heng B; Sovannarith, Tey; Nivanna, Nam; Yoshida, Naoko; Kimura, Kazuko

2011-11-11

Recent investigations by the Ministry of Health of Cambodia suggest that counterfeit medicines have been introduced into the pharmaceutical market in tampered packaging. To further explore this possibility, an interview survey was conducted at the wholesaler level to investigate the medicinal supply chain in Cambodia. Managing executives of 62 (83.8%) registered wholesalers of modern medicines in Cambodia were interviewed in 2009 on their knowledge of, perception on, and practices related to counterfeiting issues through a semi-structured questionnaire. According to our findings, 12.9% of the wholesalers had encountered counterfeit medicine. However, they demonstrated a variety of perceptions regarding this issue. A majority (59.7%) defined counterfeit medicines as medicines without registration, while other definitions included medicines that were fraudulently manufactured, medicines without a batch/lot number, those containing harmful ingredients or a reduced amount of active ingredients, and expired medicines. Additionally, 8.1% responded that they did not know what counterfeit medicines were.During procurement, 66.1% of the wholesalers consider whether the product is registered in Cambodia, while 64.5% consider the credibility and quality of the products and 61.3% consider the reputation of the manufacturers. When receiving a consignment, 80.6% of wholesalers check the intactness of medicines, 72.6% check the specification and amount of medicines, 71% check Cambodian registration, 56.5% check that the packaging is intact, 54.8% check batch and lot numbers, 48.4% check the dates of manufacture and expiration, and 9.7% check analytical certificates.Out of 62 wholesalers, 14.5% had received medicines that arrived without packages or were separated from their packaging and had to be repacked before distribution. Significant statistical association was found between wholesalers who received medicines separately from their packs/containers and who consider their

40 CFR 82.118 - Compliance by wholesalers, distributors and retailers.

Science.gov (United States)

2010-07-01

... container is reliably and accurately complying with the requirements of this subpart. (c) Contractual obligations. A wholesaler, distributor or retailer's contractual relationship with its supplier under which...

Organizational structure of power engineering of Kazakhstan. Chapter 4

International Nuclear Information System (INIS)

1998-01-01

Pathways of integration in Kazakhstan power engineering are considered and economic structure formation in the branch is revealed as well. In 1994 privatization plan for power engineering branch was accepted. All state enterprises were reorganize in to joint-stock companies. At that there is single state monopoly company - National Power System (NPS) Kazakhstanehnergo. NPS makes a wholesale market of electric energy at the expense of it generation at base power plants, additional purchase abroad, following transport in all regions and its selling to territorial power companies as well as separate buyers. Last time wide application of commercial principles in state sector is observed. For formation of wholesale and retail markets was organized Kazakhstan EnergoPool

27 CFR 31.52 - Wholesale dealers in liquors consummating sales of wines or beer at premises of other dealers.

Science.gov (United States)

2010-04-01

... liquors consummating sales of wines or beer at premises of other dealers. 31.52 Section 31.52 Alcohol... § 31.52 Wholesale dealers in liquors consummating sales of wines or beer at premises of other dealers... wholesale dealer on account of those sales. (b) Sales of beer. Any wholesale dealer in liquors who has...

Competition compliant wholesale electricity prices. An examination of the regulation on the integrity and transparency of wholesale energy market; Wettbewerbskonforme Stromgrosshandelspreise. Eine Untersuchung der Verordnung ueber die Integritaet und Transparenz des Energiegrosshandelsmarkts

Energy Technology Data Exchange (ETDEWEB)

Konar, Selma

2015-07-01

The development of wholesale electricity prices showed in recent years a very fluctuating course. The starting point for ensuring competitive compliant electricity prices have uniform rules that establish effective competition in the overall wholesale electricity, ensure greater transparency in the market and prohibit market abuse influence exercised on the wholesale price. The REMIT regulation creates a first union-law rules to this standardized specifications. The volume first examines the transparency, competitiveness, and supervisory structures in the wholesale electricity before legislating a regulation. It is clear, as the transparency and supervisory structures should be designed from the wholesale electricity ideally. On this basis, the work is dealing with the REMIT regulation. The author works out to market participants relevant notification and publication requirements, the follow-up demands on the company as well as the now existing prohibitions on market abuse and the related penalty catalog and analyze the supervisory structures newly created in the wholesale electricity. Here, the work also identified the weaknesses of the regulation and shows suitable solution approaches. [German] Die Entwicklung der Stromgrosshandelspreise zeigte in den letzten Jahren einen sehr schwankenden Verlauf. Ausgangspunkt fuer die Gewaehrleistung wettbewerbskonformer Strompreise sind einheitliche Bestimmungen, die im gesamten Stromgrosshandel einen funktionierenden Wettbewerb etablieren, fuer mehr Transparenz am Markt sorgen und marktmissbraeuchliche Einflussnahmen auf den Grosshandelspreis verbieten. Die REMIT-Verordnung schafft als erstes unionsrechtliches Regelwerk hierzu einheitliche Vorgaben. Der Band untersucht zunaechst die Transparenz-, Wettbewerbs-, und Aufsichtsstrukturen im Stromgrosshandel vor Erlass der Verordnung. Dabei wird deutlich, wie die Transparenz- und Aufsichtsstrukturen im Stromgrosshandel idealerweise ausgestaltet sein sollten. Auf dieser Grundlage

27 CFR 31.53 - Wholesale dealers in beer consummating sales at premises of other dealers.

Science.gov (United States)

2010-04-01

... 27 Alcohol, Tobacco Products and Firearms 1 2010-04-01 2010-04-01 false Wholesale dealers in beer... beer consummating sales at premises of other dealers. Any dealer who has registered as a wholesale dealer in beer for the place from which that dealer conducts selling operations may consummate sales of...

The effect of virtual bidding on forward premiums in the New York wholesale energy market

Science.gov (United States)

Knudsen, Andrew D.

In many parts of the United States, the power industry has been deregulated and replaced with regional wholesale energy markets, where utilities purchase electricity from generators at competitive market rates for subsequent distribution to customers. Numerous studies have shown that in each of these markets, the price of energy purchased in the Day Ahead (futures) market exceeds the price in the Real Time (spot) market on average. The existence of this "forward premium" is evidence of market inefficiency and may indicate participants' aversion to risk in the Real Time market or the exercise of market power by generators. To address this inefficiency, the New York Independent System Operator introduced a virtual bidding system within its wholesale market, which permitted participants to engage in purely financial transactions and hedge their exposure to risk. The new policy was expected to promote price convergence by allowing bidders to arbitrage expected differences between Day Ahead and Real Time prices. This study examines whether the presence of virtual bidding was associated with a change in the mean value and magnitude of forward premiums in the NYISO energy market. The study applies a GARCH model to hourly pricing data from 2001 to 2009, controlling for temperature and economic activity. The results indicate that prior to 2005, virtual bidding was associated with significantly lower and less volatile forward premiums in New York's five most congested zones but with increased premiums in the remaining less congested zones. However, when the entire period from 2001 to 2009 is examined, the results suggest that prices have become significantly more divergent in the presence of virtual bidding. Closer examination of the data reveals a dramatic increase in forward premium volatility across all zones beginning in 2005 that is not accounted for by temperature or economic activity and may have biased the results. This study attempts to account for this unexplained

12 CFR 704.19 - Wholesale corporate credit unions.

Science.gov (United States)

2010-01-01

...) Earnings retention requirement. A wholesale corporate credit union must increase retained earnings if the prior month-end retained earnings ratio is less than 1 percent. (1) Its retained earnings must increase... month-end retained earnings ratio is less than 1 percent and the core capital ratio is less than 3...

Bluewater Power goes ERP route to address deregulation : case study

Energy Technology Data Exchange (ETDEWEB)

Broad, K. [Bluewater Power Distribution Corp., Sarnia, ON (Canada)

2009-05-15

Bluewater Power Distribution Corporation distributes electricity to 35,000 customers in southwestern Ontario, including residential customers, large industries and commercial establishments. Their distribution system network consists of more than 344 miles of overhead wires and 125 miles of underground wires. The company employs more than 90 full-time people and is the result of a merger of six local utilities in year 2000. Ontario's energy market was preparing to deregulate at the time of the merger. Under the deregulation rules, utilities in the province were required to provide unbundled bills and exchange customer electronic business transactions with energy retailers. New rules opened up the cost of power on the wholesale side, requiring utilities to conduct wholesale settlements with the Independent Electricity System Operator (IESO). The IESO manages Ontario's bulk electricity power system and operates the wholesale market. This article described the solution that Bluewater Power's information technology (IT) team found to support Ontario's local market, meet regulatory demands and adapt to future regulatory changes.

Reactive power management and voltage control in deregulated power markets

Science.gov (United States)

Spangler, Robert G.

The research that is the subject of this dissertation is about the management of reactive power and voltage support in the wholesale open access power markets in the United States (US). The purpose of this research is to place decisions about open access market structures, as they relate to reactive power and voltage control, on a logical and consistent economic basis, given the engineering needs of a commercial electric power system. An examination of the electricity markets operating in the US today reveals that current approaches to reactive power management and voltage support are extensions of those based on historical, regulated monopoly electric service. A case for change is built by first looking at the subject of reactive power from an engineering viewpoint and then from an economic perspective. Ultimately, a set of market rules for managing reactive power and voltage support is proposed. The proposal suggests that cost recovery for static and dynamic VARs is appropriately accomplished through the regulated transmission cost of service. Static VAR cost recovery should follow traditional rate recovery methodologies. In the case of dynamic VARs, this work provides a methodology based on the microeconomic theory of the firm for determining such cost. It further suggests that an operational strategy that reduces and limits the use of dynamic VARs, during normal operations, is appropriate. This latter point leads to an increase in the fixed cost of the transmission network but prevents price spikes and short supply situations from affecting, or being affected by, the reactive capability limitations associated with dynamic VARs supplied from synchronous generators. The rules are consistent with a market structure that includes competitive generation and their application will result in the communication of a clear understanding of the responsibilities, related to voltage control, of each type of market entity. In this sense, their application will contribute to

Game Theory: An Application to Tanners and 'Pomo' Wholesalers in ...

African Journals Online (AJOL)

Game Theory: An Application to Tanners and 'Pomo' Wholesalers in Hides Marketing Competition in Nigeria. ... Agricultural economics is an applied social science so game theory was applied practically from a ... AJOL African Journals Online.

Marketing System of Fresh Friut and Vegetable: The Role of Modern and Wholesale Market in Jakarta and the Vicinity

Directory of Open Access Journals (Sweden)

Togar A. Napitupulu

2010-05-01

Full Text Available Marketing system of fresh fruits and vegetable in the context of the rapidly growing dynamic markets in Jakarta and the vicinity was studied. Unstructured interviews and observations of key persons, and panels were conducted, primarily in three main wholesale markets in Jakarta and the vicinity and some supermarkets. It was found that the availability of management services and associated facilities are not yet fully compatible with modern markets. Their role, therefore, in catering to the supermarkets is limited, in particular for vegetables due to requirements on quality and delivery schedules. In general, supermarkets procure their supply directly from production centers through special/dedicated suppliers, which currently amounts to about 1% to 5% of total production from production centers. If policy and conducive economic incentive are available, wholesale markets are not only domain of public investment anymore, but also private investments alike. The newly established wholesale markets show that they now have a higher rate of utilization than in the years before. It is therefore for the local government and the central government to furthers devise conducive policy and regulatory measures, and for the private to take this opportunity in terms of investment in developing the economy of the region. 

The prerequisites for effective competition in restructured wholesale electricity markets

International Nuclear Information System (INIS)

Haas, R.; Auer, H.

2006-01-01

This paper argues that effective competition in reformed wholesale electricity markets can only be achieved if the following six prerequisites are met: (1) separation of the grid from generation and supply; (2) wholesale price deregulation; (3) sufficient transmission capacity for a competitive market and non-discriminating grid access; (4) excess generation capacity developed by a large number of competing generators; (5) an equilibrium relationship between short-term spot markets and the long-term financial instruments that marketers use to manage spot-market price volatility; (6) an essentially hands-off government policy that encompasses reduced oversight and privatization. The absence of any one of the first five conditions may result in an oligopoly or monopoly market whose economic performance does not meet the efficiency standards of a competently managed regulated electrical utility. (author)

Assessing the impact of forward trading, retail liberalization, and white certificates on the Italian wholesale electricity prices

International Nuclear Information System (INIS)

Petrella, Andrea; Sapio, Alessandro

2012-01-01

How do policy actions affect the dynamics of deregulated electricity prices? We investigate this issue in the context of the Italian Power Exchange (IPEX), using data on the daily average day-ahead price (PUN) between April 2004 and December 2008. Estimates of baseline time series models (SARMAX and SARMAX-EGARCH) and their forecasting performances suggest that the trend in natural gas prices, market power indicators, deterministic weekly patterns, perceived temperatures, persistence in conditional volatility, and the inverse leverage effect are essential features of the PUN dynamics. We then augment the best-performing models with dummies that account for changes in the market architecture, such as the introduction of contracts for differences (CfDs) to support renewables, trading of white certificates for energy efficiency, and the demand-side liberalization. The findings show that changes in the market architecture affected both the PUN level and its volatility. Specifically, wholesale electricity prices and volatility appear to have decreased upon the introduction of CfDs, only to be pushed upwards following the start of white certificates' trading and retail liberalization. Moreover, after controlling for reforms the inverse leverage effect vanishes, and the persistence in volatility is lower than in the baseline estimates. - Highlights: ► We model Italian wholesale power prices using SARMAX and EGARCH models. ► We assess the price impact of contracts for differences, retail liberalization, white certificates. ► The electricity price level and its volatility have increased after the adoption of contracts for differences. ► Following retail liberalization and the start of white certificates trading, the price level and its volatility have increased.

Functioning of the Finnish electricity wholesale markets; Saehkoen tukkumarkkinan toimivuus Suomessa

Energy Technology Data Exchange (ETDEWEB)

Vehvilainen, I.; Broeckl, M.; Hakala, L.; Vanhanen, J.

2012-12-15

The purpose of common Nordic electricity market has been to increase competition and efficiency. Market seems to be moving to the opposite direction in the 2010s. Wholesale market has become more fragmented as the market is split to larger number of price areas more often. Poor functioning of the wholesale markets is also the largest contributor to problems in the retail market. Politicians, market regulators, transmission system operators, and market players need to take action to improve the functioning of the market. Separation of price areas reduces competition in all market areas. The Finnish wholesale market is moderately or highly concentrated when Finland is separated from other price areas. Concentration is moderate, if all production capacity is considered. If only price setting hydropower and condensing power capacity are considered, the market is highly concentrated. High concentration can provide opportunities for the biggest producers to use strategic bidding to increase market prices. Larger number of price areas has reduced competition and liquidity with the financial area price products or CfDs. Poor functioning of CfD markets is emphasized by the low competition within the price areas. Bottlenecks between market areas create income for the Transmission System Operators (TSOs) that are responsible of the border transmissions. TSOs have no economic incentives to maintain and repair the border transmission lines, which seems peculiar when compared to e.g. regulation of electricity distribution companies. Finnish Fingrid shows a good example on transparent disclosure of received income and how the accrued funds are used. Import of electricity from Russia to Finland has been reduced since the end of 2011 because of the changes made in the Russian electricity market. Market liberalization in Russia has lead to a market structure that is different from the Nordic markets. Despite the differences, the two markets are becoming more integrated as the

Food Wholesalers and Distributors, US and Territories, 2015, EPA Region 9

Data.gov (United States)

U.S. Environmental Protection Agency — This GIS dataset contains point features that represent food wholesalers, distributors, and supermarket and grocery stores represented by twenty-two unique NAICS...

COMPETITION ON THE WHOLESALE MEDICATION DISTRIBUTION MARKET IN ROMANIA

Directory of Open Access Journals (Sweden)

Alina HAGIU

2013-09-01

Full Text Available Wholesale distribution of medicines in Romania was in the constant attention of the competition authority. In order to analyze the operation of the distribution system practiced in Romania, but also changes that may occur in this system on short and medium term, the Competition Council conducted a sector inquiry after which they found some malfunctioning mainly chained to distributors access to certain medications. Conducted on a sample of 23 pharmaceutical groups operating on the Romanian market and holding approximately 80% of the pharmaceutical market in Romania in 2009, the sector inquiry aimed at two objectives, namely: Legislation analysis with impact on the wholesale distribution of drugs; Market analysis of drug distribution.Following the findings of the high concentration of markets analyzed, due to significant market shares held by innovative drugs under investigation were analyzed also the penetration of generics in the market and the factors that led to this situation.

Fecal Contamination on Produce from Wholesale and Retail Food Markets in Dhaka, Bangladesh.

Science.gov (United States)

Harris, Angela R; Islam, Mohammad Aminul; Unicomb, Leanne; Boehm, Alexandria B; Luby, Stephen; Davis, Jennifer; Pickering, Amy J

2018-01-01

Fresh produce items can become contaminated with enteric pathogens along the supply chain at the preharvest (e.g., irrigation water, soil, fertilizer) or postharvest (e.g., vendor handling or consumer handling) stages. This study assesses the concentrations of fecal indicator bacteria Escherichia coli , enterococci (ENT), and Bacteriodales on surfaces of carrots, eggplants, red amaranth leaves, and tomatoes obtained from both a wholesale market (recently harvested) and neighborhood retail markets in Dhaka, Bangladesh. We detected E. coli in 100% of carrot and red amaranth rinses, 92% of eggplant rinses, and 46% of tomato rinses. Using a molecular microbial source tracking assay, we found that 32% of produce samples were positive for ruminant fecal contamination. Fecal indicator bacteria were more likely to be detected on produce collected in retail markets compared with that in the wholesale market; retail market produce were 1.25 times more likely to have E. coli detected ( P = 0.03) and 1.24 times more likely to have ENT detected ( P = 0.03) as compared with wholesale market produce. Bacteriodales was detected in higher concentrations in retail market produce samples compared with wholesale market produce samples (0.40 log 10 gene copies per 100 cm 2 higher, P = 0.03). Our results suggest that ruminant and general fecal contamination of produce in markets in Dhaka is common, and suggest that unsanitary conditions in markets are an important source of produce fecal contamination postharvest.

Strategies of development of European power producers

International Nuclear Information System (INIS)

Heddebaut, D.

2007-12-01

This economical study answers the following questions: what is the dynamics of European power markets? What is the relative competitiveness of the different power production means? What are the determining factors of electricity wholesale prices? Who are the operators the most threatened by the rise of wholesale prices? To what extend power producers are impacted by the CO 2 constrain? Who are the most efficient producers? The analysis is based on 18 of the most representative groups of the European electric utilities. The first volume of the study presents the strategic perspectives of European power producers: dynamics and basic characteristics of European power markets, strategic options of European operators, typology and financial results of European power producers, scenarios of market reorganization according to Eurostaf (possible mega-mergers in the future, competition). Volume 2 makes a detailed analysis of the positioning and perspectives of the 18 selected groups: key figures, sourcing strategies, production means management, Eurostaf's diagnosis. (J.S.)

Dutch Wholesale Power Market Review 2002. Executive Summary

International Nuclear Information System (INIS)

Vollebregt, T.; Rusch, H.

2002-01-01

Chapter 1 provides a background to the Dutch power market, covering generation, transmission, distribution, supply, and laws and regulations. Chapter 2 reviews the key market events during 2001 and early 2002, providing analysis and background on an important and tumultuous period in the Dutch market. Chapter 3 explains the structure and timing of the key market mechanisms (Amsterdam Power Exchange, interconnector capacity auctions, TenneT 15-minute balancing market). Chapter 4 briefly reviews fuel price developments and discusses their impact on the costs of generation. Chapter 5 contains a detailed review of the traded Dutch power markets (APX, OTC, interconnection), including the linkages between these markets and an analysis of arbitrage opportunities

27 CFR 10.23 - Gifts or payments to wholesalers.

Science.gov (United States)

2010-04-01

... 27 Alcohol, Tobacco Products and Firearms 1 2010-04-01 2010-04-01 false Gifts or payments to wholesalers. 10.23 Section 10.23 Alcohol, Tobacco Products and Firearms ALCOHOL AND TOBACCO TAX AND TRADE BUREAU, DEPARTMENT OF THE TREASURY LIQUORS COMMERCIAL BRIBERY Commercial Bribery § 10.23 Gifts or...

Evaluating the power supply challenge and possible solutions

International Nuclear Information System (INIS)

Dalton, J.

2003-01-01

This presentation highlighted Ontario's need for additional electric power generating capacity and proposed solutions to encourage traders and marketers to invest in the electricity market and new power projects. The author notes that Ontario's Bill 210 reduced forward market activity. Further government intervention is seen as a risk by investors. New entrants are also concerned with the market dominant position of Ontario Power Generation. Conditions are not currently in place for new generation investment to occur on a strictly market basis. Currently, the market need is driven by the assumption that Pickering 'A' nuclear power generating facility will return to service. Without the Pickering units, Ontario will need additional generating capacity. This presentation also outlined the services offered by Navigant Consulting, a global management firm that offers financial, policy, and economic consulting services to the energy industries. Navigant will provide an Ontario Wholesale Market Briefing Service four times per year. The service will review wholesale market pricing and demand levels since market opening. It will also review recent developments of the Ontario power market, including status of market reform initiatives, market rule changes, and project announcements. The implications of Bill 210 and wholesale market performance since market opening will be assessed with particular attention to market risks and opportunities within the new market structure. 3 tabs., 3 figs

75 FR 4310 - Credit Reforms in Organized Wholesale Electric Markets

Science.gov (United States)

2010-01-27

... energy markets, in which regional transmission organizations (RTOs) and independent system operators... require RTOs and ISOs to adopt tariff revisions reflecting these proposed credit reforms. The Commission... is in the organized wholesale electric markets.\\5\\ Individual RTOs and ISOs developed their own...

A Note on the Analysis of Time Cost by Difference of Transaction System in the Agricultural Wholesale Market of Korea

OpenAIRE

Yoon-Doo Kim; Seok Yoon

2012-01-01

Problem statement: The purpose of this study is to prove objectively that the market-wholesaler system, introduced to agricultural wholesale market in Korea for the first time, has better operational efficiency than the existing auction system. From an analytical viewpoint, we estimated the time value of two transaction systems at the agricultural wholesale market using the calculation methods of the congestion cost and the accumulation cost, and estimated the operational efficiencies divided...

The operation of wholesale electricity, CO2 and natural gas markets in 2010-2011

International Nuclear Information System (INIS)

2011-01-01

The first part analyses the electricity wholesale markets: development of the main wholesale market segments, electricity price, electricity production analysis and transparency of production data, transaction analysis. The second part analyses CO 2 markets: evolution of the institutional framework and perspectives, exchanges volumes on the CO 2 market, the CO 2 price in Europe, fundamentals of the European CO 2 market. The third part addresses the gas market: development of gas trade, gas price, gas infrastructures, supply and outlets for stake holders and new comers

Utility challenges in a competitive power industry

International Nuclear Information System (INIS)

Roberts, J.

2001-01-01

Allete, formerly Minnesota Power, is no longer an electric utility, but a broadly-diversified company operating in 39 states and 8 Canadian provinces. Allete provides retail services in their water and energy business. In addition, they provide wholesale services in their automotive service business, they sell land to developers and have entered into the telecommunications and paper making industry. Diversification has been successful for Allete, and has resulted in a strong balance sheet and cash flow. Graphs depicting the company's business earnings, assets and growth rates were included in this power point presentation. Allete plans to triple its size and continue to maintain its annual growth of 10 per cent or better. tabs., figs

40 CFR 1033.140 - Rated power.

Science.gov (United States)

2010-07-01

... 40 Protection of Environment 32 2010-07-01 2010-07-01 false Rated power. 1033.140 Section 1033.140... EMISSIONS FROM LOCOMOTIVES Emission Standards and Related Requirements § 1033.140 Rated power. This section describes how to determine the rated power of a locomotive for the purposes of this part. (a) A locomotive...

Testing causal relationships between wholesale electricity prices and primary energy prices

International Nuclear Information System (INIS)

Nakajima, Tadahiro; Hamori, Shigeyuki

2013-01-01

We apply the lag-augmented vector autoregression technique to test the Granger-causal relationships among wholesale electricity prices, natural gas prices, and crude oil prices. In addition, by adopting a cross-correlation function approach, we test not only the causality in mean but also the causality in variance between the variables. The results of tests using both techniques show that gas prices Granger-cause electricity prices in mean. We find no Granger-causality in variance among these variables. -- Highlights: •We test the Granger-causality among wholesale electricity and primary energy prices. •We test not only the causality in mean but also the causality in variance. •The results show that gas prices Granger-cause electricity prices in mean. •We find no Granger-causality in variance among these variables

29 CFR 794.137 - Effect of activities other than “wholesale or bulk distribution of petroleum products.”

Science.gov (United States)

2010-07-01

... distribution of petroleum products.â 794.137 Section 794.137 Labor Regulations Relating to Labor (Continued... RELATED TO REGULATIONS PARTIAL OVERTIME EXEMPTION FOR EMPLOYEES OF WHOLESALE OR BULK PETROLEUM... other than “wholesale or bulk distribution of petroleum products.” As previously noted, in some cases...

Experiences of power-up rating in Taiwan

International Nuclear Information System (INIS)

Liao, C. C.; Lai, S. Y.; Chen, Y. B.

2010-10-01

Taiwan has six nuclear power reactors in operation, and two advanced reactors under construction. Measurement Uncertainty Recapture (MU R) type power up rates have been implemented for all the operating units. MU Rs are less than 2 percent and are achieved by using more advanced feedwater flow measurement devices to more precisely measure feedwater flow, which is used to calculate reactor thermal power. The other two types of power up rates are stretch power up rates (SPU) and extended power up rates (EPU). SPU are typically up to 7 percent and EPU are greater that 7 percent but less than 20%. The Atomic Energy Council (Aec) regulates the maximum thermal power level at which a nuclear power plant may operate. In order to increase the rated thermal power of a plant, utility needs to submit an application to the Aec for approval. Detailed safety analysis is required and will be thoroughly reviewed by Aec special task force to ensure the plant safety after implementing the power up rate. Important findings will be documented in the safety evaluation reports. In 2006, Tai power submitted Kuosheng nuclear power plants MU R application, which was the first power up rate application in Taiwan. Till middle of 2009, Tai power has completed the MU R project for all the existing units. The actual thermal power up rates of the six units are whit in the range of 0.3% to 1.5%, resulting in net 56.3 M We increase. Following the success of MU R, Tai power has lunched another project for SPU. In order to enhance the regulatory review process, Aec has drafted a guideline for SPU and EPU by mainly referencing U.S. experience. This guideline shall be beneficial to both licensee and regulatory body in either document preparation or safety review work for the future power up rate applications. (Author)

Plant life extensions for German nuclear power plants? Controversial discussion on potential electricity price effects

International Nuclear Information System (INIS)

Matthes, Felix C.; Hermann, Hauke

2009-06-01

The discussions on electricity price effects in case of the plant life extension of German nuclear power plants covers the following topics: (1) Introduction and methodology. (2) Electricity generation in nuclear power plants and electricity price based on an empirical view: electricity generation in nuclear power plants and final consumption price for households and industry in the European Union; electricity generation in nuclear power plants and electricity wholesale price in case of low availability of nuclear power plants in Germany; comparison of electricity wholesale prices in Germany and France. (3) Model considerations in relation to electricity prices and nuclear phase-out. (4) Concluding considerations.

Interpretations of the Concept of Sustainability Amongst the UK’s Leading Food and Drink Wholesalers

Directory of Open Access Journals (Sweden)

Peter Jones

2016-12-01

Full Text Available Purpose – The aim of this paper is to provide an exploratory review of the interpretations of the concept of sustainability amongst the UK’s leading food and drinks wholesalers, as revealed by the sustainability agendas and achievements reported on their corporate websites. Design/Methodology/Approach – The paper begins with short introductions to sustainability, corporate sustainability and sustainability reporting, and food and drinks wholesaling within the UK. The empirical material for the paper is drawn from reports and information posted on the leading food and drinks wholesalers’ corporate websites. Findings and implications – There are marked variations in the extent to which the UK’s leading food and drinks wholesalers reported and provided information on their sustainability agendas and achievements. These agendas and achievements embraced a wide range of environmental, social and economic issues, but the reporting process had a number of weaknesses that undermined its transparency and credibility. The authors also argue that the leading food and drinks wholesalers’ definitions of, and commitments to, sustainability are principally driven by business imperatives as by any fundamental concern to maintain the viability and integrity of natural and social capital. Limitations – The paper is a preliminary review of the sustainability agendas and achievements publicly reported by the UK’s leading food and drinks wholesalers. Originality – Within the food and drinks supply chain, wholesalers have a pivotal role at the interface between producers, manufacturers, retail and service providers, and as such they can play in promoting sustainability. However, the role of the UK’s wholesale sector in addressing sustainability has received scant attention in the academic literature, so this paper will interest academics and students in business management and marketing.

Market integration of wind power in electricity system balancing

DEFF Research Database (Denmark)

Sorknæs, Peter; Andersen, Anders N.; Tang, Jens

2013-01-01

In most countries markets for electricity are divided into wholesale markets on which electricity is traded before the operation hour, and real-time balancing markets to handle the deviations from the wholesale trading. So far, wind power has been sold only on the wholesale market and has been...... known to increase the need for balancing. This article analyses whether wind turbines in the future should participate in the balancing markets and thereby play a proactive role. The analysis is based on a real-life test of proactive participation of a wind farm in West Denmark. It is found...... that the wind farm is able to play a proactive role regarding downward regulation and thereby increase profits....

The surveillance of the electricity wholesale market and emission trading market; Die Ueberwachung von Stromgrosshandelsmarkt und Emissionshandelsmarkt

Energy Technology Data Exchange (ETDEWEB)

Luedemann, Volker [Hochschule Osnabrueck (Germany). Forschungszentrum Energiewirtschaft/Energierecht (fee); Hochschule Osnabrueck (Germany). Wirtschafts- und Wettbewerbsrecht; Konar, Selma [Sozietaet Becker Buettner Held, Muenchen (Germany)

2015-05-15

The Regulation on Wholesale Market Integrity and Transparency (REMIT) and the German Law on the Establishment of a Market Transparency Office for Wholesale Trade in Electricity and Gas (MTS-G) have fundamentally changed the surveillance of electricity wholesale trade in Germany. From now on the Federal Network Agency and the Federal Cartel Office will be jointly responsible for monitoring the electricity wholesale trade for suspicious market phenomena and abusive behaviour. The REMIT specifies that the electricity trade must be surveilled ''with due consideration to interactions'' with the emission trade system. However, occurrences observed in recent years have shown that the emission trading system is in need of reform. This has also been recognised and has prompted extensive corrective action by the regulatory authorities of the European Union. These changes have yet to be transposed into the national surveillance regimes. The present article explains why the new role accorded to the Federal Network Agency under the REMIT fails to eliminate the structural shortcomings of the old surveillance system. At least the decision to put the collection and evaluation of data exclusively in the hands of the market transparency office and the cooperation this will prompt between the supervisory authorities responsible will make the task of surveilling the energy wholesale trading market a lot easier for the authorities. The energy transition and its exigencies will yet lead to further changes in the market and its surveillance regime.

Analysis of the Perolera and Gold pineapple into two main wholesalers central Colombia

Directory of Open Access Journals (Sweden)

Ana María Neira García

2016-05-01

Full Text Available In this work the behavior of the price of two varieties of pineapple Gold and wholesalers Perolera two plants in Colombia is analyzed. The techniques used were the cointegration and Granger causality test, for which prices were taken pineapple, in the period 2006-2011 of wholesale markets Corabastos (in the case of Bogotá and the Central Wholesale Itagui (for Medellin. The theoretical framework was the law of one price. The work proved that there is market integration in the process of price formation. The results allow us to see that there is independence between the prices of the two markets. Cointegration tests indicate that the series are cointegrated itself, so that in the absence of external shocks, the series converge in the long term. We conclude that, although there is no causal link between the markets, these are themselves integrated in the long run, evidencing a fulfillment of the law of one price. The study does not include an analysis of the distances between production areas and consumption centers to consider the effect of transport costs when setting the price. Future research could consider such variables as quality and consumer preferences.

Extended Power Up-rates

International Nuclear Information System (INIS)

Jon Ball

2006-01-01

Full text of publication follows: Nuclear energy is a reliable and cost-competitive global source of power. With rising oil and gas prices, nuclear continues to provide economic and environmental benefits. Extended Power Up-rate (EPU) provides a means for existing nuclear assets to generate increased power and substantially reduce electrical generation costs. GE Energy's Nuclear Business is the global leader in boiling water reactor (BWR) technology. The experience-base of plants that have successfully achieved EPU includes Spain, Switzerland, Sweden, Germany and the United States. The GE experience-base includes fourteen BWRs with over fifty-eight reactor-years of operating experience at EPU conditions. Other than the expected plant modifications needed to accommodate higher steam flows, flow-induced vibration (FIV) has been identified as the major area of concern when up-rating. Two plants have experienced damage to their steam dryers that has lead to an extensive program to improve the understanding of the effects of up-rates. This program includes extensive in-plant data collection, the development of a scale model test facility to study components susceptible to FIV and improvements in analytical techniques for evaluating loading on reactor internals. As global energy demands increase, oil and gas prices escalate, and environmental concerns over greenhouse effects challenge us to find environmentally friendly sources of energy, Nuclear is the most viable and economical source of power in the world. With a focused effort on plant reliability, existing plants can undergo Extended Power Up-rate, and continue to meet the ever-increasing energy demands in the world. (author)

The integration of Price Responsive Demand into Regional Transmission Organization (RTO) wholesale power markets and system operations

International Nuclear Information System (INIS)

Centolella, Paul

2010-01-01

A number of states and utilities are pursuing demand response based on dynamic and time-differentiated retail prices and utility investments in Advanced Metering Infrastructure (AMI), often as part of Smart Grid initiatives. These developments could produce large amounts of Price Responsive Demand, demand that predictably responds to changes in wholesale prices. Price Responsive Demand could provide significant reliability and economic benefits. However, existing RTO tariffs present potential barriers to the development of Price Responsive Demand. Effectively integrating Price Responsive Demand into RTO markets and operations will require changes in demand forecasting, scarcity pricing reform, synchronization of scarcity pricing with capacity markets, tracking voluntary hedging by price responsive loads, and a non-discriminatory approach in curtailments in capacity emergencies. The article describes changes in RTO policies and systems needed incorporate Price Responsive Demand. (author)

Optimum sizing of PV-attached electricity storage according to power market signals – A case study for Germany and Italy

International Nuclear Information System (INIS)

Zucker, Andreas; Hinchliffe, Timothée

2014-01-01

Highlights: • PV-attached battery unprofitable from German wholesale aggregator point of view. • PV-attached battery profitability below utility costs of capital in Italy. • Profitability can be reached if energy CAPEX reaches 100–150 EUR/kW h. • Optimum sizing depends on usage. • Maximum 5 h of storage and power rating exceeding 40% of PV power required. - Abstract: This paper investigates the business case of power storage attached to PV generation from the perspective of an aggregator trading power on wholesale markets and possibly supplying household customers. The profitability and an optimum storage configuration are determined for two European regions: Baden-Wuerttemberg in Germany and Puglia in Italy based on wholesale price data and solar irradiation data for the years 2007–2011. During this period of time and under the assumptions made, adding storage to a portfolio of PV generators would not have constituted a business case for Baden-Wuerttemberg while profitability could have been reached for Puglia. However, the return of PV-attached storage that could have been achieved in Puglia during the years 2007–2011 is below levels typically required by companies operating on wholesale markets (deregulated power generators or traders) as those market participants’ capital costs are usually significantly higher than borrowing costs of the state. Storage proved to be financially more attractive in cases where severe grid constraints lead to significant levels of curtailment provided that the associated losses would not be financially compensated. This could pose a risk to any investor as grid upgrades would eventually erode the revenues. Restricting the storage to PV energy only (i.e. without the possibility to do arbitrage on markets) depresses the business case and is generally unprofitable, except but for situations of severe grid bottlenecks. The picture does not change significantly if a consumption portfolio is added. In order to reach

Correlations and clustering in wholesale electricity markets

Science.gov (United States)

Cui, Tianyu; Caravelli, Francesco; Ududec, Cozmin

2018-02-01

We study the structure of locational marginal prices in day-ahead and real-time wholesale electricity markets. In particular, we consider the case of two North American markets and show that the price correlations contain information on the locational structure of the grid. We study various clustering methods and introduce a type of correlation function based on event synchronization for spiky time series, and another based on string correlations of location names provided by the markets. This allows us to reconstruct aspects of the locational structure of the grid.

Correlations and clustering in wholesale electricity markets

International Nuclear Information System (INIS)

Cui, Tianyu; Caravelli, Francesco; Ududec, Cozmin

2017-01-01

We study the structure of locational marginal prices in day-ahead and real-time wholesale electricity markets. In particular, we consider the case of two North American markets and show that the price correlations contain information on the locational structure of the grid. We study various clustering methods and introduce a type of correlation function based on event synchronization for spiky time series, and another based on string correlations of location names provided by the markets. As a result, this allows us to reconstruct aspects of the locational structure of the grid.

Sectoral Innovation Watch Retail and Wholesale Trade Sector. Final sector report

NARCIS (Netherlands)

Schaffers, H.; Rubalcaba, L.; Merino, F.; Giesecke, S.; Schaper-Rinkel, P.; Velsing, E.J.; Montalvo, C.

2011-01-01

The retail and wholesale trade sector traditionally is considered as a poor innovator. Innovation is seen as driven mostly by applications of information and communication technology (ICT). This report adopts a more comprehensive definition of innovation than the traditional one, taking into account

76 FR 65716 - Notice of Effectiveness of Exempt Wholesale Generator Status

Science.gov (United States)

2011-10-24

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Notice of Effectiveness of Exempt Wholesale Generator Status Docket No. Michigan Wind 2, LLC EG11-100-000 Bishop Hill Energy LLC EG11-101-000 Bishop Hill Energy III LLC EG11-102-000 [[Page 65717

Enron looking to international arena for growth via hydrocarbon/power schemes

International Nuclear Information System (INIS)

Williams, B.

1998-01-01

Enron Corp., one of the US pioneers in the business of comarketing hydrocarbons and electricity, is looking to the international arena to provide the bulk of its future growth. Following its successes emanating from opportunities created by the deregulation of the natural gas industry in the US, Enron has ventured into a new area: the wholesale electricity market, which is in the process of deregulating in the US and in Europe. Enron has gained an edge here by transferring its wholesale gas market expertise to the evolving new electric power market. With its wholesale strategy in place, Enron has trained its sights on the deregulating retail natural gas and electricity markets in the US and Europe

Inefficient and opaque price formation in the Japan Electric Power Exchange

International Nuclear Information System (INIS)

Nakajima, Tadahiro

2013-01-01

This study examines whether the spot prices in the Japan Electric Power Exchange are efficiently formed from April 3, 2006, to March 31, 2012, using the conventional and rank-based variance-ratio tests. The results seem to reject the efficient market hypothesis in the market. Moreover, by applying Granger-causality tests, this paper investigates whether the power price is determined from the information of primary energy and exchange markets that directly affect the cost of power generation. The results indicate no Granger-causality from the prices of oil and gas and the exchange rate to the price of electricity. Finally, this paper discusses the factors that lead to inefficient and mysterious price formation. - Highlights: ► This study examines the wholesale electricity market in Japan. ► Efficient market hypothesis is rejected. ► Prices of imported fuel do not Granger-cause the prices of electricity. ► The WTI prices and the exchange rates do not Granger-cause the power prices

77 FR 21761 - Notice of Effectiveness of Exempt Wholesale Generator Status

Science.gov (United States)

2012-04-11

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Notice of Effectiveness of Exempt Wholesale Generator Status Docket Nos. Bishop Hill Interconnection LLC........ EG12-24-000. Tenaska Washington Partners, L.P....... EG12-25-000. Pattern Santa Isabel LLC EG12-26-000. Mariposa Energy, LLC EG12...

Power shopping - practical advice and cost-saving alternatives

International Nuclear Information System (INIS)

Anthofer, J.

1999-01-01

Encore Energy Solutions is a power consulting company which operates in California, Alberta and Ontario. The company manages electricity portfolios, sells risk management instruments and works with end users to lower power costs. It also helps utilities manage the evolution to a competitive energy market. In this presentation, a series of overhead viewgraphs were used to explain the roles of different players in Ontario's electric power industry, including generators, retailers, distributors, wholesale sellers, transmitters, wholesale consumers, independent market operators (IMOs), and consultants. The challenges facing municipal electric utilities regarding the wires business and retail services were also discussed. The trends in today's evolving power market were highlighted. These included price elasticity, load dispatch, granularity, long- and short-term volatility, gas prices, day/night spread, transmission tariffs, congestion and cost of capital. A graph depicting volatility term structures for electricity, natural gas and crude oil suggests that instantaneous volatility of power is almost infinite. Issues regarding risk management in terms of shareholder's portfolio values were also discussed. 17 figs

76 FR 81926 - Notice of Effectiveness of Exempt Wholesale Generator Status

Science.gov (United States)

2011-12-29

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Notice of Effectiveness of Exempt Wholesale Generator Status Docket Nos. Alliant Energy Corporate Services, Inc EG11-125-000 Full Circle... Vasco Winds, LLC EG11-129-000 NexEra Energy Montezuma II Wind, LLC EG11-130-000 Richard-Stryker...

78 FR 69847 - Notice of Effectiveness of Exempt Wholesale Generator Status

Science.gov (United States)

2013-11-21

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Notice of Effectiveness of Exempt Wholesale Generator Status Buffalo Dunes Wind Project, LLC EG13-49-000 Whitetail Wind Energy, LLC EG13-50... Generators became effective by operation of the Commission's regulations. 18 CFR 366.7(a). Dated: November 15...

76 FR 48159 - Integrated System Power Rates

Science.gov (United States)

2011-08-08

... DEPARTMENT OF ENERGY Southwestern Power Administration Integrated System Power Rates AGENCY... American Electric Reliability Corporation and to cover increased investments and replacements in..., prepared a Current Power Repayment Study using existing system rates. The Study indicates that Southwestern...

Sectoral Innovation Foresight. Wholesale and Retail Trade Sector. Final Report. Task 2

NARCIS (Netherlands)

Giesecke, S.; Schaper-Rinkel

2010-01-01

The internationalization, concentration and differentiation of retailing is challenging the traditional retail and wholesale sector organisation and its distribution structures that firms have employed to get goods and services to market. With the intensification of competition and speed of change

76 FR 59677 - Notice of Effectiveness of Exempt Wholesale Generator Status

Science.gov (United States)

2011-09-27

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Notice of Effectiveness of Exempt Wholesale Generator Status LWP Lessee, LLC Docket No. EG11-89-000 El Segundo Energy Center LLC..... Docket.... EG11-92-000 Pocahontas Prairie Wind, LLC..... Docket No. EG11-93-000 Hatch Solar Energy Center I, LLC...

Aggregate industrial energy consumer response to wholesale prices in the restructured Texas electricity market

International Nuclear Information System (INIS)

Zarnikau, Jay; Hallett, Ian

2008-01-01

The aggregate response of consumers to wholesale price signals is very limited in the restructured Electric Reliability Council of Texas (ERCOT) market. An overall average own-price elasticity of demand of - 0.000008 for industrial energy consumers served at transmission voltage is estimated using a Symmetric Generalized McFadden cost function model. To date, ERCOT has sought to promote demand response to price signals without reliance on 'stand alone' demand response programs, but with a market structure that is designed to facilitate economic demand response. This very limited responsiveness to wholesale price signals may prove problematic in light of policy decisions to pursue an 'energy only' resource adequacy mechanism for ERCOT. (author)

Capacity withholding in wholesale electricity markets: The experience in England and Wales

Science.gov (United States)

Quinn, James Arnold

This thesis examines the incentives wholesale electricity generators face to withhold generating capacity from centralized electricity spot markets. The first chapter includes a brief history of electricity industry regulation in England and Wales and in the United States, including a description of key institutional features of England and Wales' restructured electricity market. The first chapter also includes a review of the literature on both bid price manipulation and capacity bid manipulation in centralized electricity markets. The second chapter details a theoretical model of wholesale generator behavior in a single price electricity market. A duopoly model is specified under the assumption that demand is non-stochastic. This model assumes that duopoly generators offer to sell electricity at their marginal cost, but can withhold a continuous segment of their capacity from the market. The Nash equilibrium withholding strategy of this model involves each duopoly generator withholding so that it produces the Cournot equilibrium output. A monopoly model along the lines of the duopoly model is specified and simulated under the assumption that demand is stochastic. The optimal strategy depends on the degree of demand uncertainty. When there is a moderate degree of demand uncertainty, the optimal withholding strategy involves production inefficiencies. When there is a high degree of demand uncertainty, the optimal monopoly quantity is greater than the optimal output level when demand is non-stochastic. The third chapter contains an empirical examination of the behavior of generators in the wholesale electricity market in England and Wales in the early 1990's. The wholesale market in England and Wales is analyzed because the industry structure in the early 1990's created a natural experiment, which is described in this chapter, whereby one of the two dominant generators had no incentive to behave non-competitively. This chapter develops a classification methodology

Welfare Impact of Virtual Trading on Wholesale Electricity Markets

Science.gov (United States)

Giraldo, Juan S.

Virtual bidding has become a standard feature of multi-settlement wholesale electricity markets in the United States. Virtual bids are financial instruments that allow market participants to take financial positions in the Day-Ahead (DA) market that are automatically reversed/closed in the Real-Time (RT) market. Most U.S. wholesale electricity markets only have two types of virtual bids: a decrement bid (DEC), which is virtual load, and an increment offer (INC), which is virtual generation. In theory, financial participants create benefits by seeking out profitable bidding opportunities through arbitrage or speculation. Benefits have been argued to take the form of increased competition, price convergence, increased market liquidity, and a more efficient dispatch of generation resources. Studies have found that price convergence between the DA and RT markets improved following the introduction of virtual bidding into wholesale electricity markets. The improvement in price convergence was taken as evidence that market efficiency had increased and many of the theoretical benefits realized. Persistent price differences between the DA and RT markets have led to calls to further expand virtual bidding as a means to address remaining market inefficiencies. However, the argument that price convergence is beneficial is extrapolated from the study of commodity and financial markets and the role of futures for increasing market efficiency in that context. This viewpoint largely ignores details that differentiate wholesale electricity markets from other commodity markets. This dissertation advances the understanding of virtual bidding by evaluating the impact of virtual bidding based on the standard definition of economic efficiency which is social welfare. In addition, an examination of the impacts of another type of virtual bid, up-to-congestion (UTC) transactions is presented. This virtual product significantly increased virtual bidding activity in the PJM interconnection

77 FR 3759 - Notice of Effectiveness of Exempt Wholesale Generator Status

Science.gov (United States)

2012-01-25

...Ener Rim Rock Wind Energy, LLC.... EG12-8-000 Take notice that during the month of December 2011, the... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Notice of Effectiveness of Exempt Wholesale Generator Status Docket Nos. Agua Caliente Solar, LLC EG12-1-000 Windpower Partners 1993, L.P EG12...

76 FR 44900 - Notice of Effectiveness of Exempt Wholesale; Generator Status

Science.gov (United States)

2011-07-27

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Notice of Effectiveness of Exempt Wholesale; Generator Status July 13, 2011. Yuba City Cogeneration Docket Nos. EG11-74-000 Partners, LP. Dempsey Ridge Wind Farm, LLC. EG11-75-000 Howard Wind LLC EG11-76-000 Highland North LLC EG11-77-000 KES...

76 FR 13610 - Notice of Effectiveness of Exempt Wholesale Generator Status

Science.gov (United States)

2011-03-14

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket Nos. EG11-33-000 et al.] Notice of Effectiveness of Exempt Wholesale Generator Status Windstar Energy, LLC Docket No. EG11-33-000. Hatchet Ridge Wind 2010-B........ Docket No. EG11-34-000. Hatchet Ridge Wind 2010-B, Docket No. EG11-35...

76 FR 2365 - Notice of Effectiveness of Exempt Wholesale Generator Status

Science.gov (United States)

2011-01-13

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Notice of Effectiveness of Exempt Wholesale Generator Status January 6, 2011. Docket No. Ashtabula Wind III, LLC EG11-1-000 Iberdrola Renewables, Inc EG11-2-000 Flat Water Wind Farm, LLC EG11-3-000 Wildorado Wind Two, LLC EG11-4-000 Sandy...

Fruit and Vegetable Prices and Perceptions in Mercalaspalmas Wholesale Market

Directory of Open Access Journals (Sweden)

Santiago Rodríguez-Feijoó

2015-01-01

Full Text Available This paper studies the behavior of fruit and vegetable prices in a wholesale market. Its aims are: a to examine price behavior and changes; and b to identify statistically significant factors in the perception of prices and to quantify the effect of these factors on the market price. For this purpose, daily data were obtained on modal prices at the Mercalaspalmas wholesale market from 2006 until mid-2010. The results obtained show there is a similar degree of flexibility in price increases and decreases, and show the product to be the determinant element in setting prices. There was found to be a strong degree of price permanence, in the sense that changes take place slowly and following a lag. The following significant factors were identified in the perception of prices: the length of time a price has remained unchanged in the market; the period during which a product has been absent from the market; the quantities traded at a given price; and the index of market prices. However, the quantitative effect of this body of factors on the perceived price is very limited.

Horticultural Loss Generated by Wholesalers: A Case Study of the Canning Vale Fruit and Vegetable Markets in Western Australia

Directory of Open Access Journals (Sweden)

Purabi R. Ghosh

2017-05-01

Full Text Available In today’s economic climate, businesses need to efficiently manage their finite resources to maintain long-term sustainable growth, productivity, and profits. However, food loss produces large unacceptable economic losses, environmental degradation, and impacts on humanity globally. Its cost in Australia is estimated to be around AUS$8 billion each year, but knowledge of its extent within the food value chain from farm to fork is very limited. The present study examines food loss by wholesalers. A survey questionnaire was prepared and distributed; 35 wholesalers and processors replied and their responses to 10 targeted questions on produce volumes, amounts handled, reasons for food loss, and innovations applied or being considered to reduce and utilize food loss were analyzed. Reported food loss was estimated to be 180 kg per week per primary wholesaler and 30 kg per secondary wholesaler, or around 286 tonnes per year. Participants ranked “over supply” and “no market demand” as the main causes for food loss. The study found that improving grading guidelines has the potential to significantly reduce food loss levels and improve profit margins.

Settlements and the future Ontario wholesale electricity market

International Nuclear Information System (INIS)

Kozlik, K.

1998-01-01

Settlement system processes which are likely to be in place in Ontario's new deregulated electricity market are discussed. Electricity settlements, i. e. the collection of metered and operational data, the processing of that data to ensure its integrity, the analysis of the data, the determination of payment, and the administration of the required transfer of funds, are analyzed. Some of the actions that those processes will require of prospective wholesale market participants are outlined. The paper also explains why it is that the settlement processes drove certain pivotal market design decisions

Impacts of Power Structure on Sustainable Supply Chain Management

Directory of Open Access Journals (Sweden)

Zhi Li

2017-12-01

Full Text Available The present paper examines the manufacturer’s operational decisions, e.g., wholesale price and product sustainability level, the retailer’s operational decision, e.g., retail margin, and supply chain efficiency under three supply chain power structures: manufacturer Stackelberg, Nash and retailer Stackelberg. As a benchmark, we first obtain the equlibrium price and product sustainability level in a vertically integrated supply chain. Our analysis provides some interesting findings in a decentralized supply chain: (i a dominant manufacturer (retailer always benefits from its power; (ii the entire supply chain earns the most profit from the Nash game, and the least from the retailer Stackelberg game, respectively; (iii as the power shifts from the manufacturer to the retailer, product sustainability and retail price increase; (iv dominant manufacturer does not necessarily imply low wholesale price that would benefit the retailer. Managerial insights are provided for the manufacturer and the retailer, respectively.

16 CFR 240.11 - Wholesaler or third party performance of seller's obligations.

Science.gov (United States)

2010-01-01

... 16 Commercial Practices 1 2010-01-01 2010-01-01 false Wholesaler or third party performance of seller's obligations. 240.11 Section 240.11 Commercial Practices FEDERAL TRADE COMMISSION GUIDES AND TRADE PRACTICE RULES GUIDES FOR ADVERTISING ALLOWANCES AND OTHER MERCHANDISING PAYMENTS AND SERVICES...

76 FR 47573 - Notice of Effectiveness of Exempt Wholesale Generator Status

Science.gov (United States)

2011-08-05

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Notice of Effectiveness of Exempt Wholesale Generator Status Docket Nos. Bayonne Energy Center, LLC EG11-80-000 Long Island Solar Farm, LLC EG11-81-000 Evergreen Gen Lead, LLC EG11-82-000 Alta Wind IV Owner Lessor A EG11-83-000 Alta Wind IV...

Effects of interruptible load program on equilibrium outcomes of electricity markets with wind power

Energy Technology Data Exchange (ETDEWEB)

An, Xuena; Zhang, Shaohua; Li, Xue [Shanghai Univ. (China). Key Lab. of Power Station Automation Technology

2013-07-01

High wind power penetration presents a lot of challenges to the flexibility and reliability of power system operation. In this environment, various demand response (DR) programs have got much attention. As an effective measure of demand response programs, interruptible load (IL) programs have been widely used in electricity markets. This paper addresses the problem of impacts of the IL programs on the equilibrium outcomes of electricity wholesale markets with wind power. A Cournot equilibrium model of wholesale markets with wind power is presented, in which IL programs is included by a market demand model. The introduction of the IL programs leads to a non-smooth equilibrium problem. To solve this equilibrium problem, a novel solution method is proposed. Numerical examples show that IL programs can lower market price and its volatility significantly, facilitate the integration of wind power.

Power Producer Production Valuation

Directory of Open Access Journals (Sweden)

M. Kněžek

2008-01-01

Full Text Available The ongoing developments in the electricity market, in particular the establishment of the Prague Energy Exchange (PXE and the associated transfer from campaign-driven sale to continuous trading, represent a significant change for power companies.  Power producing companies can now optimize the sale of their production capacities with the objective of maximizing profit from wholesale electricity and supporting services. The Trading Departments measure the success rate of trading activities by the gross margin (GM, calculated by subtracting the realized sales prices from the realized purchase prices and the production cost, and indicate the profit & loss (P&L to be subsequently calculated by the Control Department. The risk management process is set up on the basis of a business strategy defining the volumes of electricity that have to be sold one year and one month before the commencement of delivery. At the same time, this process defines the volume of electricity to remain available for spot trading (trading limits. 

The supply of petrol: a report on the supply in the United Kingdom of petrol by wholesale

International Nuclear Information System (INIS)

1990-01-01

A report by the UK Monopolies and Mergers Commission on the supply of petrol examines the extent of vertical control within the industry and concludes that it is a competitive market. Topics covered include petrol prices, profits, petrol exchange agreements, wholesaler agreements with retailers, wholesalers' ownership of retail sites and control over prices and barriers to the entry to the market. In addition to concluding that none of the facts found operate against the public interest, some recommendations regarding the future are made. (UK)

77 FR 67813 - Sam Rayburn Dam Project Power Rate

Science.gov (United States)

2012-11-14

... DEPARTMENT OF ENERGY Southwestern Power Administration Sam Rayburn Dam Project Power Rate AGENCY: Southwestern Power Administration, DOE. ACTION: Notice of Rate Order Approving an Extension of Power Rate on an.... James K. McDonald, Assistant Administrator, Southwestern Power Administration, Department of Energy...

French wholesale electricity and gas markets in 2007. Monitoring report; Le fonctionnement des marches de gros francais de l'electricite et du gaz naturel en 2007. Rapport de surveillance

Energy Technology Data Exchange (ETDEWEB)

NONE

2008-12-15

Settled on 24 March 2000, the French Energy Regulatory Commission (CRE) is an independent authority. CRE supports an efficient functioning of the electricity and natural gas markets, to the advantage of final consumers. CRE ensures the absence of any discrimination, cross subsidy or obstacle to competition. CRE has examined the functioning of the wholesale markets for electricity and gas for the year 2007. The report discloses the results of a first set of analyses, as well as the next actions to be conducted in order to explain some observed behaviour. On the basis of analyses led on the electricity market, CRE observes that nuclear generation was marginal during 15% of the hours in 2007. Hydraulic generation was marginal during 25% of the hours, coal generation during 25% to 30% of the hours and oil generation during less than 2% of the hours in 2007. Finally, prices on the border markets were of high importance on the French prices which they determined during 20% to 25% of the hours of the year. On an efficient market, the price is driven by the marginal power plant among all those which contribute to satisfy the demand. Therefore the wholesale price formation is conditioned by the frequency of marginality of each generation sector and by the associated valuation of production. On the day-ahead market, when nuclear or hydraulic generation was marginal, the day-ahead price reflected the associated valuation which was decided by EDF. The level of this valuation was generally higher than the marginal generation cost of these plants. As a matter of fact, a producer, even market dominant, may legitimately seek to optimise its income, provided that there is no abuse of a dominant position or any price manipulation. Consequently, at this stage, the relevance of the valuation method for nuclear and hydraulic generation on the wholesale market is still to be checked. CRE has also demonstrated that generation transparency, even if it gradually increased, still needs to

Power procurement on the open market for wholesale and retail customers

International Nuclear Information System (INIS)

Anshan, M.S.

1998-01-01

Some key facts about the new Toronto Hydro, created from the amalgamation of six municipal utilities belonging to Toronto's former satellite cities (and now all of them part of Metro Toronto), are highlighted. Toronto Hydro distributes electricity to 25 per cent of the Ontario market. Their rates are slightly higher than others, but they provide a high level of power reliability to the downtown core. The Toronto market is the most attractive market in Ontario because of its load profile and customer density. Toronto Hydro's strategy to remain competitive in Ontario's restructured energy market is examined. From the beginning, the utility has approached amalgamation assuming that it will be a full player in the retail market. Toronto Hydro's product mix will include cogeneration ventures, green energy options, and an energy procurement business. Issues regarding risk management and what Toronto Hydro is doing to deal with them, are also discussed

78 FR 35622 - Notice of Effectiveness of Exempt Wholesale Generator Status

Science.gov (United States)

2013-06-13

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [ Docket Nos. EG13-17-000 et al.] Notice of Effectiveness of Exempt Wholesale Generator Status Docket Nos. CPV Shore, LLC EG13-17-000 Goldwaite Wind Energy LLC EG13-18-000 Patua Project LLC EG13-19-000 Alta Wind X, LLC EG13-21-000 Alta Wind...

76 FR 27312 - Notice of Effectiveness of Exempt Wholesale Generator Status

Science.gov (United States)

2011-05-11

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Notice of Effectiveness of Exempt Wholesale Generator Status Docket Nos. Settlers Trail Wind Farm, LLC EG11-52-000. Avenal Park LLC EG11-53-000. Sand Drag LLC EG11-54-000. Sun City Project LLC EG11-55-000. Coyote Canyon Energy LLC EG11-56-000...

Impacts of Variable Renewable Energy on Bulk Power System Assets, Pricing, and Costs

Energy Technology Data Exchange (ETDEWEB)

Wiser, Ryan H. [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Mills, Andrew [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Seel, Joachim [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Levin, Todd [Argonne National Lab. (ANL), Argonne, IL (United States); Botterud, Audun [Argonne National Lab. (ANL), Argonne, IL (United States)

2017-11-29

We synthesize available literature, data, and analysis on the degree to which growth in variable renewable energy (VRE) has impacted to date or might in the future impact bulk power system assets, pricing, and costs. We do not analyze impacts on specific power plants, instead focusing on national and regional system-level trends. The issues addressed are highly context dependent—affected by the underlying generation mix of the system, the amount of wind and solar penetration, and the design and structure of the bulk power system in each region. Moreover, analyzing the impacts of VRE on the bulk power system is a complex area of research and there is much more to be done to increase understanding of how VRE impacts the dynamics of current and future electricity markets. While more analysis is warranted, including additional location-specific assessments, several high-level findings emerge from this synthesis: -VRE Is Already Impacting the Bulk Power Market -VRE Impacts on Average Wholesale Prices Have Been Modest -VRE Impacts on Power Plant Retirements Have So Far Been Limited -VRE Impacts on the Bulk Power Market will Grow with Penetration -The ’System Value’ of VRE will Decline with Penetration -Power System Flexibility Can Reduce the Rate of VRE Value Decline All generation types are unique in some respect—bringing benefits and challenges to the power system—and wholesale markets, industry investments, and operational procedures have evolved over time to manage the characteristics of a changing generation fleet. With increased VRE penetrations, power system planners, operators, regulators, and policymakers will continue to be challenged to develop methods to smoothly and cost-effectively manage the reliable integration of these new and growing sources of electricity supply.

Electricity market liberalisation in Europe. Who's got the power?

International Nuclear Information System (INIS)

Lise, W.; Linderhof, V.

2004-10-01

The European electricity market is in the middle of a transformation from monopolistic state-owned production and distribution to privatised markets, with various competing firms. The speed of privatisation differs widely across Europe from full trade of electricity at the wholesale market in Scandinavian countries, to partial trade on the wholesale market in The Netherlands and Germany, and no trade on the wholesale market in France and Belgium. Hence, the market and its rules are no longer fixed, and the electricity market is in the middle of a dynamic and complex process of change. This report discusses whether the liberalisation process can result in more efficient electricity production in Europe. In addition, the environmental impacts of the liberalisation process are studied. Efficiency of electricity production is analysed with a static computational game theoretic model, which compares strategic options of and interactions among energy suppliers. This model is calibrated to the European electricity market in eight countries, namely Belgium, Denmark, Finland, France, Germany, The Netherlands, Norway, and Sweden. In a liberalised market, large firms are most likely to behave strategically and exercise market power in order to maximise profits. As a result, wholesale prices might increase, partially or fully off-setting the purpose of liberalisation, namely to decrease wholesale prices. Also, a potential market leader may emerge, who by anticipating on the reaction of followers, could acquire higher profits by increasing production and market share. Finally, firms can also acquire passive ownership in other firms. Passive cross-border ownership can increase a firm's market power and profits, resulting in even higher wholesale prices. The environmental impacts of different scenarios of producer behaviour are ambiguous. Under full competition, greenhouse gas emissions decline compared to the initial situation, while acidification and smog formation increase. In

The energy in Colombia: A wholesale market

International Nuclear Information System (INIS)

1996-01-01

One year ago, the national government's energy politics, gave beginning to a novel strategy for the restructuring of the sector: The setting in march of the wholesale energy market -WEM - and the opening of the energy bag under the administration of interconnection electric S.A. E. P. S., ISA. After a year of works, the positive balance of the market and their permanent growth, are the best letter in presentation of this sector of the national economy. The wholesale energy market is conformed by generating companies. The generating ones are the companies with capacity of superior generation to the 20 MW that they are connected to the national interconnected system; it doesn't care if the origin of this energy is hydraulic, gas, coal or liquid fuel. The generators participate in the WEM with energy offers for price and with their long-term contracts. In the bag they can also offer or to buy energy the generators with capacity between 1 and 20 MW, registered in the National Center of Office CO of ISA, as WEM participants. These can be associated to a generator, to a distributor, to be conformed by one or several groups of big consumers or for organized companies for this purpose, as Mamonal in Cartagena. These users with more demand to 2 MW assisted in oneself place, receive the name of Not Regulated Clients -NRC - and they can hire their energy in free form. The commission of energy regulation and gas ERG modified the tops for these clients starting from January of 1997, the not regulated clients will be this way those that have a same demand or superior to 1 MW; and in January of 1998, bigger than 0.5 MW

Energy and environmental efficiency in competitive power markets

International Nuclear Information System (INIS)

Warwick, W.M.

1995-02-01

For years the electric utility industry operated as a regulated monopoly, largely immune to market forces except those of competing fuels. That era came to an end with the Public Utilities Regulatory Policy Act (PURPA) of 1974, which created a market for non-utility generated power. Within twenty years, non-regulated, non-utility generators had become the primary supplier of new energy resources. Their market power is matched by their political power, as evidenced in the Energy Policy Act of 1994 (EPAct), which requires open access to utility transmission lines to facilitate inter-utility bulk power sales. The conventional wisdom is that active wholesale power markets with competition among alternative generators will lead to lower power-development costs and cheaper retail power prices. The trend towards alternative bulk power sources at low prices intersects with large retail power customers' interest in accessing alternative power supplies. In most cases, these alternatives to local utilities are at a lower cost than retail rates. For the most part, proponents of generation competition have remained silent about potential environmental consequences. However, skeptics of increased competition, including major environmental groups, cite environmental impacts among their concerns. This report examines these concerns

Medium-term load forecasting and wholesale transaction profitability

International Nuclear Information System (INIS)

Selker, F.K.; Wroblewski, W.R.

1996-01-01

The volume of wholesale transactions quoted at firm prices is increasing. The cost, and thus profitability, of serving these contracts strongly depends upon native load during the time of delivery. However, transactions extend beyond load forecasts based on weather information, and long-term resource planning forecasts of load peaks and energy provide inadequate detail. To address this need, Decision Focus Inc. (DFI) and Commonwealth Edison (ComEd) developed a probabilistic, medium-term load forecasting capability. In this paper the authors use a hypothetical utility to explore the impact of uncertain medium-term loads on transaction profitability

75 FR 57269 - Notice of Effectiveness of Exempt Wholesale Generator Status

Science.gov (United States)

2010-09-20

... Effectiveness of Exempt Wholesale Generator Status September 13, 2010. Taloga Wind, LLC Docket Nos. EG10-40-000... Alta Wind V, LLC EG10-47-000 Synergics Roth Rock Wind Energy, LLC...... EG10-49-000 Synergics Roth Rock North Wind Energy, LLC EG10-50-000 Take notice that during the month of August 2010, the status of the...

Sales promotion by wholesalers affects general practitioners' prescription behaviours in Japan.

Science.gov (United States)

Shimura, Hirohisa

2018-01-01

Background : One method for promoting drugs in Japan has been utilizing wholesalers for promotion; however, the effectiveness of the sales promotion has been brought into question. Methods : A total of 74,552 responses were collected from an internet survey of 511 prescribing doctors in hospitals with less than 19 beds, which recalled the visits by wholesalers' sales representatives (MS) in 2014. Each assessed the degree to which MS and/or sales representatives from a pharmaceutical company (MR) influenced a decision to prescribe each drug. The responses were analysed using the chi-square test and Goodman-Kruskal's gamma to evaluate the association between MS calls and doctors' prescription orders. Results : Results showed a significant effect of the MS calls on doctors' behaviours in terms of new drug prescriptions and subsequent behaviours. The results by therapeutic category showed a similar strong influence of the joint calls on new prescriptions on some therapeutic classes. The MS calls significantly influenced doctors to maintain and increase the prescription volume (p sales promotion on the part of MSs and MRs adds value to the prescription decisions. Moreover, results suggest that MSs enhance prescription outcomes in competitive therapeutic categories.

The renewable energy sources market: proposal for its development and implications in the Wholesale Market Administrator; O mercado de energia eletrica de fontes incentivadas: proposta para sua expansao e implicacoes na camara de comercializacao de energia eletrica

Energy Technology Data Exchange (ETDEWEB)

Januario, Alexandra Cristina Vidal

2007-07-01

This work approaches the insertion of the renewable energy sources - SHP, biomass, wind and solar - in the Brazilian power trading environment, more specifically in wholesale market administrator. Although the legislation created the special consumer in 1998, the lack of definition in the renewable energy trading process hindered this market development during years. However, to consider a solution for this implementation, it is important to know the current rules that conduct the power trading, therefore, identifying the possibilities of adjustment. Since this is a current subject, some proposals had been presented by sector agents through the Public Hearing 33/05. In this work, these proposals are also analyzed, so the presented solution considers the advantages and disadvantages of what was discussed by the market agents. Finally, the simulation of the proposed solution indicates its implementation viability and allows a critical analysis of the renewable energy sources market and the trading rules of the wholesale market administrator. (author)

Power Subscription Strategy

Energy Technology Data Exchange (ETDEWEB)

None, None

1998-12-21

This document lays out the Bonneville Power Administration`s Power Subscription Strategy, a process that will enable the people of the Pacific Northwest to share the benefits of the Federal Columbia river Power System after 2001 while retaining those benefits within the region for future generations. The strategy also addresses how those who receive the benefits of the region`s low-cost federal power should share a corresponding measure of the risks. This strategy seeks to implement the subscription concept created by the Comprehensive Review in 1996 through contracts for the sale of power and the distribution of federal power benefits in the deregulated wholesale electricity market. The success of the subscription process is fundamental to BPA`s overall business purpose to provide public benefits to the Northwest through commercially successful businesses.

77 FR 64503 - Notice of Effectiveness of Exempt Wholesale Generator Status

Science.gov (United States)

2012-10-22

... Wholesale Generator Status Docket Nos. A V Solar Ranch 1, LLC EG12-83-000 Spion Kop Wind, LLC EG12-84-000... Windpower IA, LLC EG12-87-000 Los Vientos Windpower IB, LLC EG12-88-000 Mehoopany Wind Energy LLC EG12-89-000 Russell City Energy Company, LLC........ EG12-90-000 Zephyr Wind, LLC EG12-91-000 Beebe Renewable...

77 FR 56834 - Notice of Effectiveness of Exempt Wholesale Generator Status

Science.gov (United States)

2012-09-14

... Wholesale Generator Status Docket Nos. AltaGas Renewable Energy Colorado LLC.. EG12-70-000 Patton Wind Farm...-000 Spearville 3, LLC EG12-77-000 NaturEner Rim Rock Wind Energy, LLC.... EG12-78-000 NaturEner Glacier Wind Energy 1, LLC... EG12-79-000 Flat Ridge 2 Wind Energy LLC EG12-80-000 Blue Sky East, LLC EG12...

Wheeling rates evaluation using optimal power flows

International Nuclear Information System (INIS)

Muchayi, M.; El-Hawary, M. E.

1998-01-01

Wheeling is the transmission of electrical power and reactive power from a seller to a buyer through a transmission network owned by a third party. The wheeling rates are then the prices charged by the third party for the use of its network. This paper proposes and evaluates a strategy for pricing wheeling power using a pricing algorithm that in addition to the fuel cost for generation incorporates the optimal allocation of the transmission system operating cost, based on time-of-use pricing. The algorithm is implemented for the IEEE standard 14 and 30 bus system which involves solving a modified optimal power flow problem iteratively. The base of the proposed algorithm is the hourly spot price. The analysis spans a total time period of 24 hours. Unlike other algorithms that use DC models, the proposed model captures wheeling rates of both real and reactive power. Based on the evaluation, it was concluded that the model has the potential for wide application in calculating wheeling rates in a deregulated competitive power transmission environment. 9 refs., 3 tabs

Review the Moscow wholesale market meat delicacies and sausages

OpenAIRE

Sidorchuk, Roman

2010-01-01

The main goal of our marketing research is to review the status of the Moscow wholesale market deli meats in 2005. The study is based on the method of the expert survey, a method that includes: selection of experts survey form, the definition of the structure and strength of the expert group, the development of the methodology of the study, survey, a list of problems. As experts in the survey attended by leaders and experts who know the state of the market of meat products. Also in the study ...

76 FR 9349 - Jim Woodruff Project

Science.gov (United States)

2011-02-17

... DEPARTMENT OF ENERGY Southeastern Power Administration Jim Woodruff Project AGENCY: Southeastern Power Administration, DOE. ACTION: Notice of Proposed Rate Adjustment. SUMMARY: Southeastern proposes a new rate schedule JW-1-J to replace Wholesale Power Rate Schedules JW-1-I for a five-year period from...

Electricity marketing and retailing

International Nuclear Information System (INIS)

Phillips, E.

2001-01-01

This power point presentation outlined the values of wholesale and retail marketing of natural gas to offer choice to all Canadians. The initial wholesale market dealt with physical bilaterals, financial bilaterals and transmission rights, while the mature wholesale market deals with futures contracts, reserve markets, dispatchable loads, swaps, trades and emissions trading. Wholesale prices include debt reduction charges, transmission charges transformation charges, ancillary charges, and independent market operator (IMO) fees. Retail rates offered by local distribution companies (LDC) include distribution charges, adjustments to SSS, and distribution losses. The role of marketers is to provide consumers with what they want, which is annual fixed rates with aggregation and load profiling as well as billing and procurement services

Uncertainties in the Value of Bill Savings from Behind-the-Meter, Residential Photovoltaic Systems: The Roles of Electricity Market Conditions, Retail Rate Design, and Net Metering

Science.gov (United States)

Darghouth, Naim Richard

Net metering has become a widespread policy mechanism in the U.S. for supporting customer adoption of distributed photovoltaics (PV), allowing customers with PV systems to reduce their electric bills by offsetting their consumption with PV generation, independent of the timing of the generation relative to consumption. Although net metering is one of the principal drivers for the residential PV market in the U.S., the academic literature on this policy has been sparse and this dissertation contributes to this emerging body of literature. This dissertation explores the linkages between the availability of net metering, wholesale electricity market conditions, retail rates, and the residential bill savings from behind-the-meter PV systems. First, I examine the value of the bill savings that customers receive under net metering and alternatives to net metering, and the associated role of retail rate design, based on current rates and a sample of approximately two hundred residential customers of California's two largest electric utilities. I find that the bill savings per kWh of PV electricity generated varies greatly, largely attributable to the increasing block structure of the California utilities' residential retail rates. I also find that net metering provides significantly greater bill savings than alternative compensation mechanisms based on avoided costs. However, retail electricity rates may shift as wholesale electricity market conditions change. I then investigate a potential change in market conditions -- increased solar PV penetrations -- on wholesale prices in the short-term based on the merit-order effect. This demonstrates the potential price effects of changes in market conditions, but also points to a number of methodological shortcomings of this method, motivating my usage of a long-term capacity investment and economic dispatch model to examine wholesale price effects of various wholesale market scenarios in the subsequent analysis. By developing

75 FR 27552 - Credit Reforms in Organized Wholesale Electric Markets; Further Notice Concerning Technical...

Science.gov (United States)

2010-05-17

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. RM10-13-000] Credit Reforms in Organized Wholesale Electric Markets; Further Notice Concerning Technical Conference May 10, 2010... technical conference related to the Commission's Notice of Proposed Rulemaking on Credit Reforms in...

Sectoral Innovation Performance in the Wholesale and Retail Trade Sector. Final report. Task 1

NARCIS (Netherlands)

Schaffers, H.; Merino, F.; Rubalcaba, L.; Velsing, E.J.; Giesecike, S.

2010-01-01

The Retail and Wholesale Trade sector (NACE 51, 52 according to the European Statistical Nomenclature) traditionally is considered as a poor innovator. Innovation is seen as driven mostly by applications of information and communication technology (ICT). This report adopts a more comprehensive

Supplement analysis, Southpoint power project

Energy Technology Data Exchange (ETDEWEB)

NONE

1999-03-16

The Calpine Corporation applied to interconnect its proposed power plant with the Western Area Power Administration`s (Western) Parker-Davis project in western Arizona. Western, as a major electric transmission system owner is required by existing policies and regulations, to provide access to its transmission system, when requested by an eligible organization. The proposed interconnection would integrate a major source of new generation into the Parker-Davis system which would allow Calpine to supply its power to the electric wholesale market. Based on this application, Western`s proposed action is to enter into an interconnection agreement with Calpine.

Nuclear power's effects on electric rate making

International Nuclear Information System (INIS)

Smith, D.S.; Lancaster, A.A.

1978-01-01

Government and the electric utility industry are re-evaluating nuclear power's contribution to the total U.S. energy supplies. This article addresses how the recently increased nuclear plant construction and operation costs are translated into the prices that consumers pay for electricity. The electric rates that consumers pay must reflect the costs of producing electricity, as well as the costs of transmission, distribution, metering, and billing. The use of nuclear power for electric production is anticipated to grow rapidly so as to meet a larger portion of our country's electricity needs through the end of the century; so nuclear power costs are expected to be an even larger portion of the total electricity price. There are certain rate-making issues that are actively being discussed in public forums and before state and Federal regulatory bodies. These issues are not unique to nuclear power, but take on added significance when nuclear power is used by utilities to produce electricity because of the technology required and because of the type, timing, and magnitude of the costs involved. These are: (1) inclusion of construction work in progress in the rate base; (2) fuel adjustment clauses and treatment of nuclear fuel cycle costs; (3) treatment of certain taxes under the rate-making method called normalization or deferral accounting (sometimes referred to as ''phantom taxes''); and (4) rate treatment for particular nuclear expense items reflecting costs of delays, plant cancellations, and operational slowdowns

76 FR 10353 - Locational Exchanges of Wholesale Electric Power

Science.gov (United States)

2011-02-24

... marketer instead of El Paso's merchant affiliate.\\12\\ \\11\\ El Paso Electric Co., 115 FERC ] 61,312 (2006... characteristics of locational exchanges and whether the definition set forth by Puget's Petition sufficiently... transmission between the exchange points; and (5) allow entities such as power marketers the ability to avoid...

Situation of nuclear power generation in Europe

International Nuclear Information System (INIS)

Toukai, Kunihiro

2003-01-01

Nuclear power plants began to be built in Europe in the latter half of 1960. 146 plants are operating and generating about 33% of total power in 2002. France is top of Europe and operating 59 plants, which generate about 75% of power generation in the country. Germany is second and 30%. England is third and 30%. However, Germany decided not to build new atomic power plant in 2000. Movement of non-nuclear power generation is decreasing in Belgium and Switzerland. The liberalization of power generation decreased the wholesale price and BE Company in England was financial difficulties. New nuclear power generation is planning in Finland and France. (S.Y.)

Relationships between ethical climate, political behavior, ethical leadership, and job satisfaction of operational officers in a wholesale company, Bangkok Metropolitan region

Directory of Open Access Journals (Sweden)

Patthiya Naiyananont

2017-09-01

Full Text Available This research investigated whether the ethical climate, political behavior, ethical leadership, and job satisfaction in one organization have an impact on each other. The research was conducted using a selected group of 177 operational officers in a wholesale business company in the Bangkok Metropolitan region. The operational officers were recruited from four divisions (commercial, finance, marketing, and administration using a stratified random sampling approach. The majority was female and the participants' average age was 32 years. The instrument used was a designed questionnaire divided into five sections and consisting of checklists, opened-end questions, and rating scales. The data were analyzed statistically using percentages, means, standard deviations, Pearson's Product Moment Correlation Coefficient, and multiple regression analyses. The results showed that the operational officers in the wholesale business company had a high level of overall ethical climate, a low level of overall political behavior, and moderate levels of overall ethical leadership and overall job satisfaction. The ethical climate and ethical leadership were positively correlated with job satisfaction. The multiple regression analyses method also confirmed that the ethical climate, political behavior, and ethical leadership constructively had significant predictive ability regarding job satisfaction.

78 FR 47695 - Sam Rayburn Dam Power Rate

Science.gov (United States)

2013-08-06

... DEPARTMENT OF ENERGY Southwestern Power Administration Sam Rayburn Dam Power Rate AGENCY: Southwestern Power Administration, DOE. ACTION: Notice of public review and comment. SUMMARY: The current Sam..., Southwestern Power Administration (Southwestern), has prepared Current and Revised 2013 Power Repayment Studies...

Comprehensive assessment of the effective scope of modernization of thermal power plants to substantiate the rational structure of the generating capacities for the future until 2035

Science.gov (United States)

Veselov, F. V.; Erokhina, I. V.; Makarova, A. S.; Khorshev, A. A.

2017-03-01

The article deals with issues of technical and economic substantiation of priorities and scopes of modernizing the existing thermal power plants (TPPs) in Russia to work out long-term forecasts of the development of the industry. The current situation in the TPP modernization trends is analyzed. The updated initial figures of the capital and operation costs are presented and the obtained estimates of the comparative efficiency of various investment decisions on modernization and equipment replacement at gas-and-oil-burning and coal-fired TPPs with regard to the main zones of the national Unified Power System (UPS) of Russia are cited. The results of optimization of the generating capacity structure underlie a study of alternative TPP modernization strategies that differ in the scope of switching to new technologies, capital intensity, and energy efficiency (decrease in the average heat rate). To provide an integral economic assessment of the above strategies, the authors modified the traditional approach based on determination of the overall discounted costs of power supply (least-cost planning) supplemented with a comparison by the weighted average wholesale price of the electricity. A method for prediction of the wholesale price is proposed reasoning from the direct and dual solutions of the optimization problem. The method can be adapted to various combinations of the mechanisms of payment for the electricity and the capacity on the basis of marginal and average costs. Energy and economic analysis showed that the opposite effects of reduction in the capital investment and fuel saving change in a nonlinear way as the scope of the switch to more advanced power generation technologies at the TPPs increases. As a consequence, a strategy for modernization of the existing power plants rational with respect to total costs of the power supply and wholesale electricity prices has been formulated. The strategy combines decisions on upgrade and replacement of the equipment

Independent power project finance rating criteria

International Nuclear Information System (INIS)

Goldsmith, D.; Chew W.; Moulton, C.

1992-01-01

Continuing growth of project financing for non-utility generators in the US and abroad has led to growing focus on their credit strength. In general, the financings remain relatively risky and would likely be rated below investment grade, because of various factors: loose power purchase arrangements, poor match between power pricing and fuel costs, aggressive leverage, troubled operating performance. But S and P believes some projects have the credit strength to support investment grade ratings. As traditional financing markets for these projects --- bank lending and private placements with highly specialized institutional investors --- have contracted, project sponsors and developers are considering broader markets. These include institutional investors without specialized focus on power project finance. In these markets, distinctions among projects may lead to greater liquidity and efficiency in developing the pricing and terms under which projects can be financed. This paper reports that ratings are most appropriate for projects seeking permanent financing as they enter commercial operations. They also may be useful for projects which have been operating for some time and for some very strong projects which are raising construction financing. To guide both project developers and investors in project financing, S and P has developed the following approach for rating these types of financings

Retrospective modeling of the merit-order effect on wholesale electricity prices from distributed photovoltaic generation in the Australian National Electricity Market

International Nuclear Information System (INIS)

McConnell, Dylan; Hearps, Patrick; Eales, Dominic; Sandiford, Mike; Dunn, Rebecca; Wright, Matthew; Bateman, Lachlan

2013-01-01

In electricity markets that use a merit order dispatch system, generation capacity is ranked by the price that it is bid into the market. Demand is then met by dispatching electricity according to this rank, from the lowest to the highest bid. The last capacity dispatched sets the price received by all generation, ensuring the lowest cost provision of electricity. A consequence of this system is that significant deployments of low marginal cost electricity generators, including renewables, can reduce the spot price of electricity. In Australia, this prospect has been recognized in concern expressed by some coal-fired generators that delivering too much renewable generation would reduce wholesale electricity prices. In this analysis we calculate the likely reduction of wholesale prices through this merit order effect on the Australian National Electricity Market. We calculate that for 5 GW of capacity, comparable to the present per capita installation of photovoltaics in Germany, the reduction in wholesale prices would have been worth in excess of A$1.8 billion over 2009 and 2010, all other factors being equal. We explore the implications of our findings for feed-in tariff policies, and find that they could deliver savings to consumers, contrary to prevailing criticisms that they are a regressive form of taxation. - Highlights: ► We model the impact of photovoltaic generation on the Australian electricity market. ► Photovoltaic generation depresses electricity prices, particularly in summer peaks. ► Over the course of a year, the depression in wholesale prices has significant value. ► 5 GW of solar generation would have saved $1.8 billion in the market over two years. ► The depression of wholesale prices offsets the cost of support mechanisms

The French wholesale electricity, natural gas and CO2 markets in 2010-2011

International Nuclear Information System (INIS)

2011-10-01

CRE's mission of monitoring wholesale markets aims to ensure that wholesale market energy prices are consistent with the technical and economic fundamentals of these markets. In particular, CRE strives to verify that no market power is exercised in such a way that a participant abuses its situation to attain abnormal prices, notably with regard to its costs. During 2010, the volumes traded on the intermediated wholesale electricity markets declined by 7% compared to 2009, mainly on the futures markets. The availability of production facilities, in particular nuclear plants, significantly increased and market volatility declined. The average spot price of electricity increased by 10.4% in 2010 compared to 2009, to euro 47.5 /MWh. The average peak price increased by 1.3% in 2010 to euro 59.0 /MWh. Prices for calendar products (Y+1) went from euro 51.7 /MWh on average in 2009 to euro 52.4 /MWh in 2010. These increases mainly reflect the resumption in consumption following the recovery in economic activity and the severe weather conditions in 2010. Since the beginning of 2010, the recovery in availability of nuclear production facilities has contributed to improving the French electricity trade balance at the borders. The expansion of the trilateral coupling (France, Belgium, and the Netherlands) to Germany and, more recently, the German moratorium on nuclear production of electricity has had effects on the European wholesale electricity markets. French term contracts prices are now below German prices. The transparency of the market has increased, notably due to the publication of unplanned outages at production sites within 30 minutes since the end of 2010. On the wholesale gas markets, volumes traded increased significantly in 2010 and in the first six months of 2011. This development extends the dynamic already observed in 2009. The context is still marked by a discrepancy between gas prices on the market and the price of long-term contracts indexed to oil

Electricity wholesale market prices in Europe: Convergence?

International Nuclear Information System (INIS)

Zachmann, Georg

2008-01-01

This paper tests the hypothesis that the ongoing restructuring process in the European electricity sector has led to a common European market for electricity. Based on a Principal Component Analysis (PCA) of wholesale electricity prices in 2002-2006, we reject the assumption of full market integration. For several pairs of countries, the weaker hypothesis of (bilateral) convergence is accepted based on unit root tests (KPSS and ADF) and a convergence test based on filtered pairwise price relations. This indicates that the efforts to develop a single European market for electricity were so far only partially successful. We show that the daily auction prices of scarce cross-border transmission capacities are insufficient to explain the persistence of international price differentials. Empirically, our findings confirm the insufficiency of explicit capacity auctions as stated in the theoretical literature. (author)

Virtual power plant auctions

International Nuclear Information System (INIS)

Ausubel, Lawrence M.; Cramton, Peter

2010-01-01

Since their advent in 2001, virtual power plant (VPP) auctions have been implemented widely. In this paper, we describe the simultaneous ascending-clock auction format that has been used for virtually all VPP auctions to date, elaborating on other design choices that most VPP auctions have had in common as well as discussing a few aspects that have varied significantly among VPP auctions. We then evaluate the various objectives of regulators in requiring VPP auctions, concluding that the auctions have been effective devices for facilitating new entry into electricity markets and for developing wholesale power markets. (author)

Virtual power plant auctions

Energy Technology Data Exchange (ETDEWEB)

Ausubel, Lawrence M.; Cramton, Peter [Department of Economics, University of Maryland, College Park, MD 20742 (United States)

2010-12-15

Since their advent in 2001, virtual power plant (VPP) auctions have been implemented widely. In this paper, we describe the simultaneous ascending-clock auction format that has been used for virtually all VPP auctions to date, elaborating on other design choices that most VPP auctions have had in common as well as discussing a few aspects that have varied significantly among VPP auctions. We then evaluate the various objectives of regulators in requiring VPP auctions, concluding that the auctions have been effective devices for facilitating new entry into electricity markets and for developing wholesale power markets. (author)

Insight conference proceedings : Alberta power

International Nuclear Information System (INIS)

2004-01-01

This conference addressed issues dealing with Alberta's restructured electric power industry and new policies from the perspective of Alberta's independent power industry. It covered lessons learned from electric industry restructuring, transmission strategies, transmission frameworks, competitive markets, power costs, energy prices, and power outages. Interconnected power systems between Alberta and British Columbia were also reviewed along with grid reinforcement requirements. Markets and restructuring efforts in other jurisdictions such as Quebec and Maritime Canada were briefly reviewed. The move to deregulate the industry has played an important role in restructuring a vertically integrated industry into power generation, transmission and distribution. High electricity prices eventually resulted in re regulation of the industry and a synergy between wholesale and retail markets. Five of the 17 papers were indexed separately for inclusion in the database. refs., tabs., figs

Emissions trading and firms' strategies. The case of power producers

International Nuclear Information System (INIS)

Rousse, O.

2005-11-01

This thesis deals with the impacts of a domestic emissions trading scheme on firms' strategies. As recent experiences of such programs (Acid Rain Program, RECLAIM Program, NOx Budget Program and the European Union Emissions Trading Scheme) concern mainly heat and power producers, we analyze especially strategies of these companies. In context of electricity market deregulation, our study takes two directions: uncertainty and competitive distortions. Concerning uncertainty, we are interested in portfolio management of emission permits, that is choice under uncertainty between buying, selling and banking permits. Concerning competitive distortions, we consider manipulations on the permits and/or products markets. Among others, we investigate interactions between a pollution market and the wholesale electricity market. From a general point of view, we show that a permits market, even competitive, gives to power producers more opportunities to act strategically on wholesale electricity markets. By this way, our study attempts to indicate when these market distortions are more likely to occur and to give some emissions market design instructions. (author)

75 FR 41840 - Commission Information Collection Activities (FERC-919); Comment Request; Extension

Science.gov (United States)

2010-07-19

... or potential abuses of market power, and enable the Commission to determine whether continued market... Power Act (FPA) sections 205 and 206. Section 205 of the FPA requires just and reasonable rates and... market power analyses and related reports. \\1\\ Market-Based Rates for Wholesale Sales of Electric Energy...

75 FR 53295 - Hatchet Ridge Wind, LLC; Notice of Effectiveness of Exempt Wholesale Generator Status

Science.gov (United States)

2010-08-31

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. EG10-39-000] Hatchet Ridge Wind, LLC; Notice of Effectiveness of Exempt Wholesale Generator Status August 23, 2010. Take notice... Generator became effective by operation of the Commission's regulations, 18 CFR 366.7(a). Nathaniel J. Davis...

The long-run equilibrium impact of intermittent renewables on wholesale electricity prices

OpenAIRE

Newbery, D.

2016-01-01

High levels of low variable cost intermittent renewables lower wholesale electricity prices, and the depression of these prices could legitimately be recovered from consumers, preferably through capacity payments. Given that renewables are frequently subsidized for their learning benefits and carbon reduction, this paper asks what part of these subsidies should be recovered from final consumers. In long-run equilibrium, renewables have no impact on the number of hours peaking capacity runs, a...

WHOLESALE AND RETAIL E-COMMERCE IN MAURITIUS: VIEWS OF CUSTOMERS AND EMPLOYEES

OpenAIRE

SAWMY Tiruvenee; DAMAR-LADKOO Adjnu

2015-01-01

The internet triggered a significant rise in e-commerce as many businesses found that the advent of online business provides unparalleled opportunities for organisations to extend their operations overseas. In Mauritius, many retail and wholesale shops have decided to embark in the online experience and are contemplating to launch e-commerce websites, more specifically electronic ordering (e-ordering), where customers can then order for their products without having to move to the outlets. Th...

Power delivery in the 21. century : part 1, getting electricity from the point of generation to the point of use

International Nuclear Information System (INIS)

Douglas, J.

2000-01-01

The challenges facing the U.S. electric power industry in meeting the power quality demands of a digital society were discussed. The management of power delivery will become increasingly difficult as power loading continues to grow with deregulation. The 1992 Energy Policy Act required open access to utility transmission lines, while Orders 888 and 889 of the Federal Regulatory Commission ruled for wholesale power dealing. This stimulated such a growth that almost half of U.S. domestic power is sold in the wholesale electricity market, but operators are close to their stability limits. The recent and costly outages in western U.S. suggest that more transmission capacity is needed, but obtaining permits is difficult and an adequate rate of return on investment is uncertain. Some states are further complicating the issue by implementing retail access to provide consumers a choice among service providers. Concerns over transmission system integrity are founded in the fact that various infrastructures such as transportation, telecommunications, oil and gas, and financial systems, rely on the electric power infrastructure. If power failure occurs in one sector, it can readily propagate to another, multiplying the damage. The President's Council on Critical Infrastructure Protection has identified some policy objectives to ensure the development of effective technology responses to policy concerns to improve the reliability and security of the power system. Advanced control technologies such as High-voltage electronic FACTS (Flexible AC Transmission System), WAMS (Wide-Area Measurement System) and the use of high-temperature super-conducting materials created from ceramic oxides will be instrumental to upgrading the power delivery system which will be the key to U.S. economic growth. These advanced technologies could be in widespread use by 2005-2010. 1 fig

Buying and selling power in the age of competition

International Nuclear Information System (INIS)

Douglas, J.

1994-01-01

This article describes the market management which is the subject of pioneering research being conducted by EPRI. On the wholesale side, this research centers on the development of powerful analytical methods to support utility decisions regarding new opportunities in the bulk power market. Research on retail market management is concentrated on developing innovative price-differentiated services that can enhance the value of electricity to customers and also foster a utility's long-term financial competitiveness

Power spectral analysis of heart rate in hyperthyroidism.

Science.gov (United States)

Cacciatori, V; Bellavere, F; Pezzarossa, A; Dellera, A; Gemma, M L; Thomaseth, K; Castello, R; Moghetti, P; Muggeo, M

1996-08-01

The aim of the present study was to evaluate the impact of hyperthyroidism on the cardiovascular system by separately analyzing the sympathetic and parasympathetic influences on heart rate. Heart rate variability was evaluated by autoregressive power spectral analysis. This method allows a reliable quantification of the low frequency (LF) and high frequency (HF) components of the heart rate power spectral density; these are considered to be under mainly sympathetic and pure parasympathetic control, respectively. In 10 newly diagnosed untreated hyperthyroid patients with Graves' disease, we analyzed power spectral density of heart rate cyclic variations at rest, while lying, and while standing. In addition, heart rate variations during deep breathing, lying and standing, and Valsalva's maneuver were analyzed. The results were compared to those obtained from 10 age-, sex-, and body mass index-matched control subjects. In 8 hyperthyroid patients, the same evaluation was repeated after the induction of stable euthyroidism by methimazole. Heart rate power spectral analysis showed a sharp reduction of HF components in hyperthyroid subjects compared to controls [lying, 13.3 +/- 4.1 vs. 32.0 +/- 5.6 normalized units (NU; P hyperthyroid subjects while both lying (11.3 +/- 4.5 vs. 3.5 +/- 1.1; P hyperthyroid patients than in controls (1.12 +/- 0.03 vs. 1.31 +/- 0.04; P activity and, thus, a relative hypersympathetic tone.

76 FR 50726 - Integrated System Power Rates: Correction

Science.gov (United States)

2011-08-16

... DEPARTMENT OF ENERGY Southwestern Power Administration Integrated System Power Rates: Correction AGENCY: Southwestern Power Administration, DOE. ACTION: Notice of public review and comment; Correction... date listed for the combined Public Information and Comment Forum (Forum) was erroneously listed in the...

Wholesale markets. Electricity, Natural Gas and CO2 markets Observatory - 3. Quarter 2015

International Nuclear Information System (INIS)

2015-09-01

The wholesale markets Observatory aims to provide general monitoring indicators of electricity, natural gas and CO 2 markets in France. This Observatory is updated on a Quarterly basis and published on CRE's web site (www.cre.fr). The first part of the report summarises the highlights of the Quarter. The indicators (main dates, key Graphs and graphs) are detailed in the second part

Wholesale markets. Electricity, Natural Gas and CO2 markets Observatory - 1. Quarter 2016

International Nuclear Information System (INIS)

2016-03-01

The wholesale markets Observatory aims to provide general monitoring indicators of electricity, natural gas and CO 2 markets in France. This Observatory is updated on a Quarterly basis and published on CRE's web site (www.cre.fr). The first part of the report summarises the highlights of the Quarter. The indicators (main dates, key figures and graphs) are detailed in the second part

Wholesale markets. Electricity, Natural Gas and CO2 markets Observatory - 1. Quarter 2015

International Nuclear Information System (INIS)

2015-03-01

The wholesale markets Observatory aims to provide general monitoring indicators of electricity, natural gas and CO 2 markets in France. This Observatory is updated on a Quarterly basis and published on CRE's web site (www.cre.fr). The first part of the report summarises the highlights of the Quarter. The indicators (main dates, key Graphs and graphs) are detailed in the second part

Wholesale markets. Electricity, Natural Gas and CO2 markets Observatory - 2. Quarter 2015

International Nuclear Information System (INIS)

2015-06-01

The wholesale markets Observatory aims to provide general monitoring indicators of electricity, natural gas and CO 2 markets in France. This Observatory is updated on a Quarterly basis and published on CRE's web site (www.cre.fr). The first part of the report summarises the highlights of the Quarter. The indicators (main dates, key Graphs and graphs) are detailed in the second part

Wholesale markets. Electricity, Natural Gas and CO2 markets Observatory - 3. Quarter 2014

International Nuclear Information System (INIS)

2014-09-01

The wholesale markets Observatory aims to provide general monitoring indicators of electricity, natural gas and CO 2 markets in France. This Observatory is updated on a Quarterly basis and published on CRE's web site (www.cre.fr). The first part of the report summarises the highlights of the Quarter. The indicators (main dates, key Graphs and graphs) are detailed in the second part

Wholesale markets. Electricity, Natural Gas and CO2 markets Observatory - 2. Quarter 2014

International Nuclear Information System (INIS)

2014-06-01

The wholesale markets Observatory aims to provide general monitoring indicators of electricity, natural gas and CO 2 markets in France. This Observatory is updated on a Quarterly basis and published on CRE's web site (www.cre.fr). The first part of the report summarises the highlights of the Quarter. The indicators (main dates, key Graphs and graphs) are detailed in the second part

Wholesale markets. Electricity, Natural Gas and CO2 markets Observatory - 4. Quarter 2014

International Nuclear Information System (INIS)

2014-12-01

The wholesale markets Observatory aims to provide general monitoring indicators of electricity, natural gas and CO 2 markets in France. This Observatory is updated on a Quarterly basis and published on CRE's web site (www.cre.fr). The first part of the report summarises the highlights of the Quarter. The indicators (main dates, key Graphs and graphs) are detailed in the second part

Wholesale markets. Electricity, Natural Gas and CO2 markets Observatory - 4. Quarter 2015

International Nuclear Information System (INIS)

2015-12-01

The wholesale markets Observatory aims to provide general monitoring indicators of electricity, natural gas and CO 2 markets in France. This Observatory is updated on a Quarterly basis and published on CRE's web site (www.cre.fr). The first part of the report summarises the highlights of the Quarter. The indicators (main dates, key Graphs and graphs) are detailed in the second part

Gas pricing in Europe. Pt. 1. Wholesale markets

International Nuclear Information System (INIS)

Donath, R.

1996-01-01

The article investigates gas pricing in the European procurement market and the wholesale markets of the most important EU consumer markets. It demonstrates that value-oriented pricing principles override cost-oriented pricing principles. For one thing, and independently of pricing principles, two- or three-part demand price systems or basic price systems are common. For another, the frequently encountered opportunities for the differentiation of prices show that as long as there is merely substitution competition instead of direct competition, gas suppliers have a certain degree of freedom in fixing their prices. By contrast, the introduction of direct competition in Great Britain has reduced suppliers' individual price fixing margins, because short-term supply and demand variations in the now created spot market are decisive for gas pricing. (orig.) [de

77 FR 73646 - Notice of Effectiveness of Exempt Wholesale Generator or Foreign Utility Company Status

Science.gov (United States)

2012-12-11

... Renewable Energy Infrastructure FC12-10-000 Limited Partnership. Project AMBG2 LP FC12-11-000 SunBridge Wind... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket Nos. EG12-108-000, et al.] Notice of Effectiveness of Exempt Wholesale Generator or Foreign Utility Company Status [[Page 73647...

Market Prices in a Power Market with more than 50% Wind Power

DEFF Research Database (Denmark)

Skytte, Klaus; Grohnheit, Poul Erik

2018-01-01

Denmark has the highest proportion of wind power in the world. Wind power provided a world record of 39.1% of the total annual Danish electricity consumption in 2014 with as much as 51.7% in Western Denmark. Many would argue that the present power markets are not designed for such high shares...... of wind power production and that it would be hard to get good and stable prices. However, analyses in this chapter show that the Nordic power market works, extreme events have been few, and the current infrastructure and market organization has been able to handle the amount of wind power installed so...... far. It is found that geographical bidding areas for the wholesale electricity market reflect external transmission constraints caused by wind power. The analyses in this chapter use hourly data from West Denmark—which has the highest share of wind energy in Denmark and which is a separate price area...

Market Prices in a Power Market with more than 50% Wind Power

DEFF Research Database (Denmark)

Skytte, Klaus; Grohnheit, Poul Erik

2017-01-01

Denmark has the highest proportion of wind power in the world. Wind power provided a world record of 39.1% of the total annual Danish electricity consumption in 2014 with as much as 51.7% in Western Denmark. Many would argue that the present power markets are not designed for such high shares...... of wind power production and that it would be hard to get good and stable prices. However, analyses in this chapter show that the Nordic power market works, extreme events have been few, and the current infrastructure and market organization has been able to handle the amount of wind power installed so...... far. It is found that geographical bidding areas for the wholesale electricity market reflect external transmission constraints caused by wind power. The analyses in this chapter use hourly data from West Denmark—which has the highest share of wind energy in Denmark and which is a separate price area...

Assessment on Startup Ramp Rate and Threshold Power of OPR1000

Energy Technology Data Exchange (ETDEWEB)

Kim, Kiyoung; Kim, Yongbae; Cha, Gyunho; Kim, Yongdeog [Korea Hydro and Nuclear Power Co., Ltd., Daejeon (Korea, Republic of)

2014-05-15

This paper summarizes PCI assessment according to several startup ramp rates and threshold power assessment of OPR1000. The definition of threshold power is maximum value in power range that can increase startup ramp rate rapidly. FALCON code is used for PCI assessment and it is analyzed for once-burned fuel because it is the most sensitive to PCI failure. The objective of the PCI analysis is to assess the cladding stress state under various power ramp conditions at the peak power node location. The PCI analyses were conducted for the once-burned fuel from the start of the second cycle to plant power 100%. This paper presents both the PCI analysis according to startup ramp rates and threshold power assessment result like below. · The more startup ramp rate is increased, the more PCI failure probability is decreased in low power range (≤ 40%). · PCI failure is not occurred even though startup ramp rate is 10%/hr until the plant power reaches 55%.

Assessment on Startup Ramp Rate and Threshold Power of OPR1000

International Nuclear Information System (INIS)

Kim, Kiyoung; Kim, Yongbae; Cha, Gyunho; Kim, Yongdeog

2014-01-01

This paper summarizes PCI assessment according to several startup ramp rates and threshold power assessment of OPR1000. The definition of threshold power is maximum value in power range that can increase startup ramp rate rapidly. FALCON code is used for PCI assessment and it is analyzed for once-burned fuel because it is the most sensitive to PCI failure. The objective of the PCI analysis is to assess the cladding stress state under various power ramp conditions at the peak power node location. The PCI analyses were conducted for the once-burned fuel from the start of the second cycle to plant power 100%. This paper presents both the PCI analysis according to startup ramp rates and threshold power assessment result like below. · The more startup ramp rate is increased, the more PCI failure probability is decreased in low power range (≤ 40%). · PCI failure is not occurred even though startup ramp rate is 10%/hr until the plant power reaches 55%

Working Capital Management, Corporate Performance, and Strategic Choices of the Wholesale and Retail Industry in China

Directory of Open Access Journals (Sweden)

Chuan-guo Li

2014-01-01

Full Text Available We examine the influence of strategic choice on working capital configurations and observe how the relationship between working capital ratio and operational performance differs depending on strategy. By clustering the strategic factors of the wholesale and retail industry, we find three categories of strategies: terminal market strategy, middle market strategy, and hybrid strategy. Using the panel data of the listed companies of the wholesale and retail industry as our sample, we analyze the differences in the ways companies configure working capital, the speed with which working capital adjusts to its target, and the effects of working capital on performance for companies that make different strategic choices. The empirical results suggest that working capital is configured and adjusted to its target in different ways under different competitive strategic choices. This effect is finally transferred to influence the relationship between working capital configuration and operational performance.

Working capital management, corporate performance, and strategic choices of the wholesale and retail industry in China.

Science.gov (United States)

Li, Chuan-guo; Dong, Hui-min; Chen, Shou; Yang, Yan

2014-01-01

We examine the influence of strategic choice on working capital configurations and observe how the relationship between working capital ratio and operational performance differs depending on strategy. By clustering the strategic factors of the wholesale and retail industry, we find three categories of strategies: terminal market strategy, middle market strategy, and hybrid strategy. Using the panel data of the listed companies of the wholesale and retail industry as our sample, we analyze the differences in the ways companies configure working capital, the speed with which working capital adjusts to its target, and the effects of working capital on performance for companies that make different strategic choices. The empirical results suggest that working capital is configured and adjusted to its target in different ways under different competitive strategic choices. This effect is finally transferred to influence the relationship between working capital configuration and operational performance.

Working Capital Management, Corporate Performance, and Strategic Choices of the Wholesale and Retail Industry in China

Science.gov (United States)

Li, Chuan-guo; Dong, Hui-min; Chen, Shou; Yang, Yan

2014-01-01

We examine the influence of strategic choice on working capital configurations and observe how the relationship between working capital ratio and operational performance differs depending on strategy. By clustering the strategic factors of the wholesale and retail industry, we find three categories of strategies: terminal market strategy, middle market strategy, and hybrid strategy. Using the panel data of the listed companies of the wholesale and retail industry as our sample, we analyze the differences in the ways companies configure working capital, the speed with which working capital adjusts to its target, and the effects of working capital on performance for companies that make different strategic choices. The empirical results suggest that working capital is configured and adjusted to its target in different ways under different competitive strategic choices. This effect is finally transferred to influence the relationship between working capital configuration and operational performance. PMID:25121141

75 FR 57013 - Notice of Effectiveness of Exempt Wholesale Generator Status; Taloga Wind, LLC, Stephentown...

Science.gov (United States)

2010-09-17

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. EG10-40-000, EG10-41-000, et al.] Notice of Effectiveness of Exempt Wholesale Generator Status; Taloga Wind, LLC, Stephentown...-000 Synergics Roth Rock Wind Energy, LLC EG10-49-000 Synergics Roth Rock North Wind Energy, LLC EG10...

Wholesale markets. Electricity, Natural Gas and CO2 markets Observatory - 4. Quarter 2013

International Nuclear Information System (INIS)

2013-12-01

The objective of this wholesale markets Observatory is to provide general monitoring indicators of electricity, natural gas and CO 2 markets in France. This Observatory is updated on a Quarterly basis and published on CRE's web site (www.cre.fr). The first part of the report summarises the highlights of the Quarter. The indicators (main dates, key figures and graphs) are detailed in the second part

Wholesale markets. Electricity, Natural Gas and CO2 markets Observatory - 3. Quarter 2013

International Nuclear Information System (INIS)

2013-09-01

The objective of this wholesale markets Observatory is to provide general monitoring indicators of electricity, natural gas and CO 2 markets in France. This Observatory is updated on a Quarterly basis and published on CRE's web site (www.cre.fr). The first part of the report summarises the highlights of the Quarter. The indicators (main dates, key figures and graphs) are detailed in the second part

Wholesale markets. Electricity, Natural Gas and CO2 markets Observatory - 1. Quarter 2014

International Nuclear Information System (INIS)

2014-03-01

The objective of this wholesale markets Observatory is to provide general monitoring indicators of electricity, natural gas and CO 2 markets in France. This Observatory is updated on a Quarterly basis and published on CRE's web site (www.cre.fr). The first part of the report summarises the highlights of the Quarter. The indicators (main dates, key figures and graphs) are detailed in the second part

Integrating wind output with bulk power operations and wholesale electricity markets

International Nuclear Information System (INIS)

Hirst, E.

2002-01-01

Wind farms have three characteristics that complicate their widespread application as an electricity resource: limited control, unpredictability and variability. Therefore the integration of wind output into bulk power electric systems is qualitatively different from that of other types of generators. The electric system operator must move other generators up or down to offset the time-varying wind fluctuations. Such movements raise the costs of fuel and maintenance for these other generators. Not only is wind power different, it is new. The operators of bulk power systems have limited experience in integrating wind output into the larger system. As a consequence, market rules that treat wind fairly - neither subsidizing nor penalizing its operation - have not yet been developed. The lack of data and analytical methods encourages wind advocates and sceptics to rely primarily on their biases and beliefs in suggesting how wind should be integrated into bulk power systems. This project helps fill this data and analysis gap. Specifically, it develops and applies a quantitative method for the integration of a wind resource into a large electric system. The method permits wind to bid its output into a short-term forward market (specifically, an hour-ahead energy market) or to appear in real time and accept only intrahour and hourly imbalance payments for the unscheduled energy it delivers to the system. Finally, the method analyses the short-term (minute-to-minute) variation in wind output to determine the regulation requirement the wind resource imposes on the electrical system. (author)

76 FR 76153 - Notice of Effectiveness of Exempt Wholesale Generator Status; Caney River Wind Project, LLC...

Science.gov (United States)

2011-12-06

...] Notice of Effectiveness of Exempt Wholesale Generator Status; Caney River Wind Project, LLC, Mesquite Solar 1, LLC, Copper Crossing Solar LLC, Copper Mountain Solar 1, LLC, Pinnacle Wind, LLC, Bellevue... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket Nos. EG11-115-000, EG11-116-000...

75 FR 27330 - Credit Reforms in Organized Wholesale Electric Markets; Notice of Agenda for Technical Conference

Science.gov (United States)

2010-05-14

... Credit Reforms in Organized Wholesale Electric Markets Notice of Proposed Rulemaking\\1\\ regarding whether... Credit Reforms in Organized Electric Markets May 11, 2010 Commission Meeting Room Agenda 9-9:05 a.m... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. RM10-13-000] Credit Reforms...

Renewal of handling and storage equipment in wholesale company

Directory of Open Access Journals (Sweden)

Tânia Brasileiro Azevedo Teixeira

2015-06-01

Full Text Available This paper presents a use of methodology for renewing handling and storage equipment in a wholesale company. It is based on equipment maintenance, downtime and possession costs. With the analysis performed,, it was possible to make some suggestions for an optimal economic point for pallets replacement. The methodology is based on mathematical and economic principles in order to provide the organization with an increase in productivity and costs reduction for handling and storage equipment. As a result of the use of methodology, the conclusion that it was possible to consider that this point is obtained when the total annual cost is equal to the average total cost was reached. Therefore, the equilibrium point is achieved when the equipment usage time is six years.

Forward and Spot Prices in Multi-Settlement Wholesale Electricity Markets

Science.gov (United States)

Larrieu, Jeremy

In organized wholesale electricity markets, power is sold competitively in a multi-unit multi-settlement single-price auction comprised of a forward and a spot market. This dissertation attempts to understand the structure of the forward premium in these markets, and to identify the factors that may lead forward and spot prices to converge or diverge. These markets are unique in that the forward demand is price-sensitive, while spot residual demand is perfectly inelastic and must be met in full, a crucial design feature the literature often glosses over. An important contribution of this dissertation is the explicit modeling of each market separately in order to understand how generation and load choose to act in each one, and the consequences of these actions on equilibrium prices and quantities given that firms maximize joint profits over both markets. In the first essay, I construct a two-settlement model of electricity prices in which firms that own asymmetric capacity-constrained units facing convex costs compete to meet demand from consumers, first in quantities, then in prices. I show that the forward premium depends on the costliness of spot production relative to firms' ability to exercise market power by setting quantities in the forward market. In the second essay, I test the model from the first essay with unit-level capacity and marginal cost data from the California Independent System Operator (CAISO). I show that the model closely replicates observed price formation in the CAISO. In the third essay, I estimate a time series model of the CAISO forward premium in order to measure the impact that virtual bidding has had on forward and spot price convergence in California between April 2009 and March 2014. I find virtual bidding to have caused forward and spot prices to diverge due to the large number of market participants looking to hedge against - or speculate on - the occurrence of infrequent but large spot price spikes by placing virtual demand bids.

Alarm bells [Power supply shortage in the Northeast in the 1990's

International Nuclear Information System (INIS)

Ray, M.

1989-01-01

This article addresses the differing opinions of the Department of Energy(US DOE) and the leaders of the Senate Energy Committee versus utilities and state regulators on whether there will be a power-supply shortage in the Northeast in the 1990's and what should be done to avoid it. Also addressed is where the whole utility industry stands regarding decisions by regulators and governing bodies on competition, independent power plants, transmission and wholesale sales of power and building new nuclear plants

40 CFR 80.574 - What labeling requirements apply to retailers and wholesale purchaser-consumers of ECA marine...

Science.gov (United States)

2010-07-01

... 40 Protection of Environment 16 2010-07-01 2010-07-01 false What labeling requirements apply to retailers and wholesale purchaser-consumers of ECA marine fuel beginning June 1, 2014? 80.574 Section 80.574 Protection of Environment ENVIRONMENTAL PROTECTION AGENCY (CONTINUED) AIR PROGRAMS (CONTINUED) REGULATION OF...

Institutional framework of the Chinese power sector. Background and overview paper on the status quo and reforms of the Chinese power sector

International Nuclear Information System (INIS)

Van Sambeek, E.J.W.

2001-10-01

The Chinese power sector is currently undergoing significant structural changes. This report describes the current developments of the institutional framework of the Chinese power sector and the emerging Chinese electricity market. It is intended as a background information paper for foreign consultants and others that grapple with the complicated and fast changing structure of the Chinese power sector. The scope of this report is limited to grid-connected power. The paper starts with a brief introduction to the structure of the Chinese Government and then describes the main changes that have occurred in the Chinese power sector since 1978. Early power sector reforms consisted of decentralisation of decision making power to lower government levels, deregulation of investment and price control, and corporatization of the operational and business parts of the state electricity activities. The increasing inefficiencies of an ever more complicated and bureaucratic government, the non-transparency of policies, regulations and pricing, and the confused ownership and management structure of utility assets called for further reforms. In 1997 an episode of further institutional and market reforms was initiated aiming to achieve a fully competitive wholesale power market by 2010. The reforms started with the further separation of government and business functions that were previously combined in the same government units. Most notably the State Power Corporation (SP) was established while the former Ministry Of Electric Power (MOEP) was dissolved. The government responsibilities of MOEP were turned over to the State Economic and Trade Commission (SETC). Near-term power sector reforms will concentrate on consolidating network functions in State Power Corporation or its branches and subsidiary corporations, while separating generation from transmission and distribution activities. A competitive power generation market will be established based on the single buyer concept. The

Electric power market regulations in UK

International Nuclear Information System (INIS)

Federico, G.; Napolano, L.

2000-01-01

The wholesale electricity market in UK is being radically reformed, with the abolition of a centralised market (the Pool) and the introduction of a system based around bilateral trading and real-time balancing (NETA), with the aim of increasing competition in the sector. This article analyses the English experience to draw some implications on the relationship between market design, market structure and market power, and to provide some insights for the design of the future Italian market [it

40 CFR 80.573 - What labeling requirements apply to retailers and wholesale purchaser-consumers of NRLM diesel...

Science.gov (United States)

2010-07-01

... (CONTINUED) REGULATION OF FUELS AND FUEL ADDITIVES Motor Vehicle Diesel Fuel; Nonroad, Locomotive, and Marine Diesel Fuel; and ECA Marine Fuel Labeling Requirements § 80.573 What labeling requirements apply to... retailers and wholesale purchaser-consumers of NRLM diesel fuel and heating oil beginning June 1, 2012? 80...

Optimal Willingness to Supply Wholesale Electricity Under Asymmetric Linearized Marginal Costs

Directory of Open Access Journals (Sweden)

David Hudgins

2012-01-01

Full Text Available This analysis derives the profit-maximizing willingness to supply functions for single-plant and multi-plant wholesale electricity suppliers that all incur linear marginal costs. The optimal strategy must result in linear residual demand functions in the absence of capacity constraints. This necessarily leads to a linear pricing rule structure that can be used by firm managers to construct their offer curves and to serve as a benchmark to evaluate firm profit-maximizing behavior. The procedure derives the cost functions and the residual demand curves for merged or multi-plant generators, and uses these to construct the individual generator plant offer curves for a multi-plant firm.

An estimation of reactor thermal power uncertainty using UFM-based feedwater flow rate in nuclear power plants

International Nuclear Information System (INIS)

Byung Ryul Jung; Ho Cheol Jang; Byung Jin Lee; Se Jin Baik; Woo Hyun Jang

2005-01-01

Most of Pressurized Water Reactors (PWRs) utilize the venturi meters (VMs) to measure the feedwater (FW) flow rate to the steam generator in the calorimetric measurement, which is used in the reactor thermal power (RTP) estimation. However, measurement drifts have been experienced due to some anomalies on the venturi meter (generally called the venturi meter fouling). The VM's fouling tends to increase the measured pressure drop across the meter, which results in indication of increased feedwater flow rate. Finally, the reactor thermal power is overestimated and the actual reactor power is to be reduced to remain within the regulatory limits. To overcome this VM's fouling problem, the Ultrasonic Flow Meter (UFM) has recently been gaining attention in the measurement of the feedwater flow rate. This paper presents the applicability of a UFM based feedwater flow rate in the estimation of reactor thermal power uncertainty. The FW and RTP uncertainties are compared in terms of sensitivities between the VM- and UFM-based feedwater flow rates. Data from typical Optimized Power Reactor 1000 (OPR1000) plants are used to estimate the uncertainty. (authors)

Power flow controller with a fractionally rated back-to-back converter

Science.gov (United States)

Divan, Deepakraj M.; Kandula, Rajendra Prasad; Prasai, Anish

2016-03-08

A power flow controller with a fractionally rated back-to-back (BTB) converter is provided. The power flow controller provide dynamic control of both active and reactive power of a power system. The power flow controller inserts a voltage with controllable magnitude and phase between two AC sources at the same frequency; thereby effecting control of active and reactive power flows between the two AC sources. A transformer may be augmented with a fractionally rated bi-directional Back to Back (BTB) converter. The fractionally rated BTB converter comprises a transformer side converter (TSC), a direct-current (DC) link, and a line side converter (LSC). By controlling the switches of the BTB converter, the effective phase angle between the two AC source voltages may be regulated, and the amplitude of the voltage inserted by the power flow controller may be adjusted with respect to the AC source voltages.

40 CFR 80.571 - What labeling requirements apply to retailers and wholesale purchaser-consumers of NRLM diesel...

Science.gov (United States)

2010-07-01

... (CONTINUED) REGULATION OF FUELS AND FUEL ADDITIVES Motor Vehicle Diesel Fuel; Nonroad, Locomotive, and Marine... June 1, 2007, and beyond, for pumps dispensing non-motor vehicle diesel fuel for use other than in... retailers and wholesale purchaser-consumers of NRLM diesel fuel or heating oil beginning June 1, 2007? 80...

Nuclear Power Learning and Deployment Rates; Disruption and Global Benefits Forgone

OpenAIRE

Peter A. Lang

2017-01-01

This paper presents evidence of the disruption of a transition from fossil fuels to nuclear power, and finds the benefits forgone as a consequence are substantial. Learning rates are presented for nuclear power in seven countries, comprising 58% of all power reactors ever built globally. Learning rates and deployment rates changed in the late-1960s and 1970s from rapidly falling costs and accelerating deployment to rapidly rising costs and stalled deployment. Historical nuclear global capacit...

Moscow wholesale market meat delicacies and sausages in late 1999 and early 2000.

OpenAIRE

Sidorchuk, Roman

2010-01-01

The main goal of our marketing research is to obtain an overview of the status of the Moscow wholesale market meat delicacies and sausages at the end of 2000. The study was laid expert method, which includes: choice of the form the survey of experts, the definition of the structure and strength of the expert group, the development of survey methodology, survey, list of problems. By the expert survey involved managers and specialists, who know how deeply the problem of organization as a whole,...

Coal-Fired Power Plant Heat Rate Reductions

Science.gov (United States)

View a report that identifies systems and equipment in coal-fired power plants where efficiency improvements can be realized, and provides estimates of the resulting net plant heat rate reductions and costs for implementation.

Optimal power allocation of a sensor node under different rate constraints

KAUST Repository

Ayala Solares, Jose Roberto; Rezki, Zouheir; Alouini, Mohamed-Slim

2012-01-01

The optimal transmit power of a sensor node while satisfying different rate constraints is derived. First, an optimization problem with an instantaneous transmission rate constraint is addressed. Next, the optimal power is analyzed, but now

40 CFR 80.572 - What labeling requirements apply to retailers and wholesale purchaser-consumers of NR and NRLM...

Science.gov (United States)

2010-07-01

... PROGRAMS (CONTINUED) REGULATION OF FUELS AND FUEL ADDITIVES Motor Vehicle Diesel Fuel; Nonroad, Locomotive, and Marine Diesel Fuel; and ECA Marine Fuel Labeling Requirements § 80.572 What labeling requirements... retailers and wholesale purchaser-consumers of NR and NRLM diesel fuel and heating oil beginning June 1...

Grant places market power mitigation at top of the agenda

International Nuclear Information System (INIS)

1998-01-01

In his address to the IPPSO Conference, John Grant, the Vice Chair of the Ontario Market Design Committee (MDC) reviewed the events leading up to the formation of the MDC, outlined the mandate of the Committee, and reviewed the various issues that they will be reporting on to the Ontario Minister of Energy before the end of 1998. In all, the MDC is expected to submit four quarterly progress reports. The first was submitted in March 1998. It focused on the structure and governance of the central market-management body, the independent Market Operator (IMO), the IMO's relationship to the Ontario Energy Board, and some guidelines for the design of the wholesale electricity market. The remaining three reports, prepared by the several subcommittees of the MDC, will deal with market power mitigation, wholesale and retail market design, the environment, and transmission and distribution. He identified mitigation of the market power of Ontario Hydro as the dominant generator as the major challenge facing the MDC. He explained that the MDC is looking at some measures to put in place before deregulation takes effect, as well as measures that may be introduced after, in response to problems as they arise

Occupational health in high altitudes stevedores: the workers of the wholesale markets from Huancayo, 2006

OpenAIRE

Vigil, Liliana; Dirección Ejecutiva de Medicina y Psicología del Trabajo, Centro Nacional de Salud Ocupacional y Protección del Ambiente para la Salud, Instituto Nacional de Salud. Lima, Perú. Psicóloga.; Gutiérrez, Rita; Psicología del Trabajo, Centro Nacional de Salud Ocupacional y Protección del Ambiente para la Salud, Instituto Nacional de Salud. Lima, Perú. Tecnóloga médica.; Cáceres, Walter; Dirección Ejecutiva de Medicina y Psicología del Trabajo, Centro Nacional de Salud Ocupacional y Protección del Ambiente para la Salud, Instituto Nacional de Salud. Lima, Perú. Médico.; Collantes, Héctor; Dirección Ejecutiva de Medicina y Psicología del Trabajo, Centro Nacional de Salud Ocupacional y Protección del Ambiente para la Salud, Instituto Nacional de Salud. Lima, Perú. Médico.; Beas, Julio; Dirección Ejecutiva de Medicina y Psicología del Trabajo, Centro Nacional de Salud Ocupacional y Protección del Ambiente para la Salud, Instituto Nacional de Salud. Lima, Perú. Médico traumatólogo.

2007-01-01

Objectives. Knowing the conditions of hygiene and safety of the stowage work process and their relationship with the health of workers engaged in this activity. Materials and methods. Observational study was performed in potato stevedores from wholesale markets of Huancayo, Peru (3350 m). Anthropometric evaluation was using international parameters; working conditions were assessed by direct observation, and ergonomic using the REBA and OWAS methods. We performed a clinical and traumatolo...

Applications: REP-rate pulse power technology

International Nuclear Information System (INIS)

Anon.

1979-01-01

Research on the following topics is discussed: (1) REP-rate pulse power technology, (2) RTF-I, 300-J, 100-pps test facility experiments, (3) transformer development, (4) reactor system studies, (5) general conceptual design, (6) economic considerations, (7) specific reactor designs, (8) low-current density diode physics studies, and (9) plasma injected, microsecond, E-beam diodes

Defining European Wholesale Electricity Markets. An 'And/Or' Approach

International Nuclear Information System (INIS)

Dijkgraaf, E.; Janssen, M.C.W.

2009-09-01

An important question in the dynamic European wholesale markets for electricity is whether to define the geographical market at the level of an individual member state or more broadly. We show that if we currently take the traditional approach by considering for each member state whether there is one single other country that provides a substitute for domestic production, the market in each separate member state has still to be considered a separate market. However, if we allow for the possibility that at different moments in time there is another country that provides a substitute for domestic production, then the conclusion should be that certain member states do not constitute a separate geographical market. This is in particular true for Belgium, but also for The Netherlands, France, and to some extent also for Germany and Austria. We call this alternative approach the 'and/or' approach.

The power of competition

International Nuclear Information System (INIS)

Fuqua, G.L.; Pratt, J.H.; Elliot, J.

1995-01-01

The change-over from regulated monopolies to a non-regulated competitive market in the electric utility industry was discussed in terms of marketing and survival strategies for utilities it the newly competitive marketplace. The impact of low natural gas prices was prominently discussed as a danger to hydroelectricity generators because high efficiency turbine generators that are now available. Surplus power capacity in both the Canadian and US markets were discussed. The effects of independent power producers selling electricity wholesale to private utilities was also debated on account of its potential to change the role of the electric utility. The situation of the Bonneville Power Association (BPA), a self-financed government agency, as owner of 15 000 miles of transmission grid that is not allowed to own generation plants, was described. Strategies developed by BPA in an effort to adapt to the competitive market were described and were successful

Estimating the contribution of the private power plant on electricity market in Korea

Energy Technology Data Exchange (ETDEWEB)

Sonn, Yang-Hoon; Park, Jong-Bae

2010-09-15

This paper aims to measure the contribution of merchant power provider in electricity market in Korea. In spite of the restructuring process of last one decade, wholesale power market is still dominated by KEPCO and its subsidiaries. The share of the public-owned power plants is 89% in capacity, and 96% in generation. The participation of the private power shows very significant contribution in promoting the competition in the market in spite of the small share. The conclusion of the paper is that we need to enhance the competition among suppliers in order to build stable electricity market for the consumer.

Assessing the impact of wind generation on wholesale prices and generator dispatch in the Australian National Electricity Market

International Nuclear Information System (INIS)

Forrest, Sam; MacGill, Iain

2013-01-01

Growing climate change and energy security concerns are driving major wind energy deployment in electricity industries around the world. Despite its many advantages, growing penetrations of this highly variable and somewhat unpredictable energy source pose new challenges for electricity industry operation. One issue receiving growing attention is the so-called ‘merit order effect’ of wind generation in wholesale electricity markets. Wind has very low operating costs and therefore tends to displace higher cost conventional generation from market dispatch, reducing both wholesale prices and conventional plant outputs. This paper extends the current literature on this effect through an empirical study employing a range of econometric techniques to quantify the impacts of growing wind penetrations in the Australian National Electricity Market (NEM). The results suggest that wind is having a marked impact on spot market prices and, while wind is primarily offsetting higher operating cost gas generation, it is now also significantly reducing dispatch of emissions intensive brown coal generation. Great care needs to be taken in extrapolating these results to longer-term implications, however, the study does propose a methodology for assessing this effect, highlights the impacts that wind is already having on NEM outcomes and suggests promising directions for future research. - Highlights: ► Proposes methodologies to estimate short run impact of wind on electricity markets. ► Quantifies the merit order effect of wind generation on wholesale spot price. ► Wind is found to be significantly effecting gas fired generation. ► Evidence is found for wind having a notable impact on baseload coal generation. ► Discusses the implications for development of wind generation in Australia

Impacts of Power Structure on Sustainable Supply Chain Management

OpenAIRE

Zhi Li; Yangyang Xu; Fumin Deng; Xuedong Liang

2017-01-01

The present paper examines the manufacturer’s operational decisions, e.g., wholesale price and product sustainability level, the retailer’s operational decision, e.g., retail margin, and supply chain efficiency under three supply chain power structures: manufacturer Stackelberg, Nash and retailer Stackelberg. As a benchmark, we first obtain the equlibrium price and product sustainability level in a vertically integrated supply chain. Our analysis provides some interesting findings in a decent...

Influence of wholesale lamb marketing options and merchandising styles on retail yield and fabrication time.

Science.gov (United States)

Lorenzen, C L; Martin, A M; Griffin, D B; Dockerty, T R; Walter, J P; Johnson, H K; Savell, J W

1997-01-01

Lamb carcasses (n = 94) from five packing plants, selected to vary in weight class and fat thickness, were used to determine retail yield and labor requirements of wholesale lamb fabrication. Carcasses were allotted randomly according to weight class to be fabricated as whole carcasses (n = 20), three-piece boxes (n = 22), or subprimals (n = 52). Processing times (seconds) were recorded and wholesale and retail weights (kilograms) were obtained to calculate retail yield. Subprimals were fabricated into bone-in retail cuts or boneless or semi-boneless retail cuts. Retail yield for subprimal lamb legs decreased from 85.3 +/- .6% for bone-in to 68.0 +/- .7% for a completely boneless retail product. Correspondingly, processing times increased from 126.1 +/- 5.4 s to 542.0 +/- 19.2 s for bone-in and boneless legs, respectively. For all subprimals, retail yield percentage tended to decrease and total processing time increase as cuts were fabricated to boneless or semi-boneless end points compared with a bone-in end point. Percentage retail yield did not differ (P > .05) among whole carcass, three-piece box, and subprimal marketing methods. Total processing time was shorter for subprimals (P < .05) than for the other two marketing methods.

Retail and wholesale buying behaviour for two different food products in six Eastern European countries

OpenAIRE

Esbjerg, Lars; Skytte, Hans

1999-01-01

1. The structure of retailing and wholesaling in Eastern Europe has been significantly altered by privatisation and liberalisation in the transition from central planning to market economy. Furthermore, many western retailers faced with saturated domestic markets have expanded into Eastern Europe in an attempt to take advantage of the opportunities created by the liberalisation. 2. The aim of this study is to increase our knowledge of retail and wholesale buying behaviour in Eastern Europe by...

Electric trade in the United States, 1996

Energy Technology Data Exchange (ETDEWEB)

NONE

1998-12-01

Wholesale trade in electricity plays an important role for the US electric utility industry. Wholesale, or bulk power, transactions allow electric utilities to reduce power costs, increase power supply options, and improve reliability. In 1996, the wholesale trade market totaled 2.3 trillion kilowatthours, over 73% of total sales to ultimate consumers. This publication, Electric Trade in the United States 1996 (ELECTRA), is the sixth in a series of reports on wholesale power transactions prepared by the Office of Coal, Nuclear, Electric and Alternate Fuels, Energy Information Administration (EIA). The electric trade data are published biennially. The first report presented 1986 data, and this report provides information on the electric power industry during 1996. The electric trade data collected and presented in this report furnish important information on the wholesale structure found within the US electric power industry. The patterns of interutility trade in the report support analyses of wholesale power transactions and provide input for a broader understanding of bulk power market issues that define the emerging national electric energy policies. The report includes information on the quantity of power purchased, sold, exchanged, and wheeled; the geographical locations of transactions and ownership classes involved; and the revenues and costs. 1 fig., 43 tabs.

75 FR 11530 - Crystal Lake Wind III, LLC, et al.; Notice of Effectiveness of Exempt Wholesale Generator Status

Science.gov (United States)

2010-03-11

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Crystal Lake Wind III, LLC, et al.; Notice of Effectiveness of Exempt Wholesale Generator Status March 4, 2010. Docket Nos. Crystal Lake Wind III, LLC EG10-6-000 GardenGarden Wind, LLC EG10-7-000 Star Point Wind Project LLC EG10-8-000...

78 FR 11169 - North Sky River Energy, LLC, et al; Notice of Effectiveness of Exempt Wholesale Generator Status

Science.gov (United States)

2013-02-15

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket Nos. EG13-6-000, et al] North Sky River Energy, LLC, et al; Notice of Effectiveness of Exempt Wholesale Generator Status Docket Nos. North Sky River Energy, LLC EG13-6-000 Black Bear SO, LLC EG13-7-000 Black Bear Development Holdings...

78 FR 62616 - Integrated System Power Rates

Science.gov (United States)

2013-10-22

.... James K. McDonald, Vice President for Corporate Operations/Chief Operating Office, Southwestern Power...) 595-6690, jim.mcdonald@swpa.gov . SUPPLEMENTARY INFORMATION: Rate Order No. SWPA-66, which has been... final approval by the Federal Energy Regulatory Commission. Available: In the marketing area of...

75 FR 1363 - Integrated System Power Rates

Science.gov (United States)

2010-01-11

... increased. Those customers taking transformation service will be affected by an increase in that rate... Regulation Purchased. With factors defined as follows: RPA = The Customer's specific monthly dollar amount of... formulas provided in Customers' contracts indicate an overrun on Hydro Peaking Power, and investigation...

Engineering approach to model and compute electric power markets settlements

International Nuclear Information System (INIS)

Kumar, J.; Petrov, V.

2006-01-01

Back-office accounting settlement activities are an important part of market operations in Independent System Operator (ISO) organizations. A potential way to measure ISO market design correctness is to analyze how well market price signals create incentives or penalties for creating an efficient market to achieve market design goals. Market settlement rules are an important tool for implementing price signals which are fed back to participants via the settlement activities of the ISO. ISO's are currently faced with the challenge of high volumes of data resulting from the increasing size of markets and ever-changing market designs, as well as the growing complexity of wholesale energy settlement business rules. This paper analyzed the problem and presented a practical engineering solution using an approach based on mathematical formulation and modeling of large scale calculations. The paper also presented critical comments on various differences in settlement design approaches to electrical power market design, as well as further areas of development. The paper provided a brief introduction to the wholesale energy market settlement systems and discussed problem formulation. An actual settlement implementation framework and discussion of the results and conclusions were also presented. It was concluded that a proper engineering approach to this domain can yield satisfying results by formalizing wholesale energy settlements. Significant improvements were observed in the initial preparation phase, scoping and effort estimation, implementation and testing. 5 refs., 2 figs

Heat rate curve approximation for power plants without data measuring devices

Energy Technology Data Exchange (ETDEWEB)

Poullikkas, Andreas [Electricity Authority of Cyprus, P.O. Box 24506, 1399 Nicosia (CY

2012-07-01

In this work, a numerical method, based on the one-dimensional finite difference technique, is proposed for the approximation of the heat rate curve, which can be applied for power plants in which no data acquisition is available. Unlike other methods in which three or more data points are required for the approximation of the heat rate curve, the proposed method can be applied when the heat rate curve data is available only at the maximum and minimum operating capacities of the power plant. The method is applied on a given power system, in which we calculate the electricity cost using the CAPSE (computer aided power economics) algorithm. Comparisons are made when the least squares method is used. The results indicate that the proposed method give accurate results.

Risk allocation in independent power supply contracts

International Nuclear Information System (INIS)

Willrich, M.; Campbell, W.L.

1992-01-01

Congress has made significant progress in recent months toward amending the Public Utility Holding Company Act of 1935 (PUHCA). The purposes of such amendment are to broaden power supply options for electric utilities and expand competition in whole-sale power generation markets. PUHCA reform is an integral part of President Bush's National Energy Strategy and has been included in legislation pending in both Houses of Congress. Congress will, hopefully, approve energy legislation that includes PUHCA reform before it adjourns this year. PUHCA reform has, however, stimulated heated debate within the power industry itself as well as among various consumer interest groups. One important issue in the public debate concerns risk allocation. If PUHCA is reformed, will risk be allocated efficiently and equitably between independent power producers and electric utility buyers? This article addresses that important question

The Increase of Power Efficiency of Underground Coal Mining by the Forecasting of Electric Power Consumption

Science.gov (United States)

Efremenko, Vladimir; Belyaevsky, Roman; Skrebneva, Evgeniya

2017-11-01

In article the analysis of electric power consumption and problems of power saving on coal mines are considered. Nowadays the share of conditionally constant costs of electric power for providing safe working conditions underground on coal mines is big. Therefore, the power efficiency of underground coal mining depends on electric power expense of the main technological processes and size of conditionally constant costs. The important direction of increase of power efficiency of coal mining is forecasting of a power consumption and monitoring of electric power expense. One of the main approaches to reducing of electric power costs is increase in accuracy of the enterprise demand in the wholesale electric power market. It is offered to use artificial neural networks to forecasting of day-ahead power consumption with hourly breakdown. At the same time use of neural and indistinct (hybrid) systems on the principles of fuzzy logic, neural networks and genetic algorithms is more preferable. This model allows to do exact short-term forecasts at a small array of input data. A set of the input parameters characterizing mining-and-geological and technological features of the enterprise is offered.

Electric trade in the United States 1994

Energy Technology Data Exchange (ETDEWEB)

NONE

1998-08-01

Wholesale trade in electricity plays an important role for the US electric utility industry. Wholesale, or bulk power, transactions allow electric utilities to reduce power costs, increase power supply options, and improve reliability. In 1994, the wholesale trade market totaled 1.9 trillion kilowatthours, about 66% of total sales to ultimate consumers. This publication, Electric Trade in the United States 1994 (ELECTRA), is the fifth in a series of reports on wholesale power transactions prepared by the Office of Coal, Nuclear, Electric and Alternate Fuels, Energy Information Administration (EIA). The electric trade data are published biennially. The first report presented 1986 data, and this report provides information on the electric power industry during 1994.

Electric trade in the United States 1994

International Nuclear Information System (INIS)

1998-08-01

Wholesale trade in electricity plays an important role for the US electric utility industry. Wholesale, or bulk power, transactions allow electric utilities to reduce power costs, increase power supply options, and improve reliability. In 1994, the wholesale trade market totaled 1.9 trillion kilowatthours, about 66% of total sales to ultimate consumers. This publication, Electric Trade in the United States 1994 (ELECTRA), is the fifth in a series of reports on wholesale power transactions prepared by the Office of Coal, Nuclear, Electric and Alternate Fuels, Energy Information Administration (EIA). The electric trade data are published biennially. The first report presented 1986 data, and this report provides information on the electric power industry during 1994

78 FR 6316 - Big Blue Wind Farm, LLC, et al.; Notice of Effectiveness of Exempt Wholesale Generator Status

Science.gov (United States)

2013-01-30

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. EG13-1-000, et al.] Big Blue Wind Farm, LLC, et al.; Notice of Effectiveness of Exempt Wholesale Generator Status Docket Nos. Big Blue Wind Farm, LLC EG13-1-000 Calpine Bosque Energy Center, LLC EG13-2-000 Homer City Generation, L.P...

Solid state pump lasers with high power and high repetition rate

International Nuclear Information System (INIS)

Oba, Masaki; Kato, Masaaki; Arisawa, Takashi

1995-01-01

We built a laser diode pumped solid state green laser (LDPSSGL) rated at high repetition rate. Two laser heads are placed in one cavity with a rotator in between to design to avoid thermal lensing and thermal birefringence effect. Although average green laser power higher than 10 W was obtained at 1 kHz repetition rate with pulse width of 20-30 nsec, the beam quality was so much deteriorated that energy efficiency was as low as 2 %. Learning from this experience that high power oscillator causes a lot of thermal distortion not only in the laser rod but also in the Q-switch device, we proceeded to built a oscillator/amplifier system. A low power oscillator has a slab type crystal in the cavity. As a result spatial distribution of laser power was extremely improved. As we expect that the high repetition rate solid state laser should be CW operated Q-switch type laser from the view point of lifetime of diode lasers, a conventional arc lamp pumped CW Q-switch green YAG laser of which the repetition rate is changeable from 1 kHz to 5 kHz and the pulse width is 250-570 nsec was also tested to obtain pumping characteristics of a dye laser as a function of power, pulse width etc., and dye laser pulse width of 100-130 nsec were obtained. (author)

Power trip : stumbling toward a policy for NB power

International Nuclear Information System (INIS)

Tucker, T.L.; Norris, B.A.

2003-10-01

New Brunswick Power has one of the highest debt burdens of any crown utility along with one of the highest operating costs of any publicly owned electric utility in Canada. NB Power has borrowed heavily to invest in capital projects such as the expansion of its aging Point Lepreau nuclear plant. The current assets will not generate sufficient revenues to recover the investment. Kyoto requirements to reduce emissions have placed additional financial strain on the utility. It must also ensure funds for the eventual decommissioning of its nuclear facility. The utility's high operating costs are due to the high cost of coal used in its thermal generating plants. Since the utility relies on nuclear energy for 40 per cent of its output, it must maintain a high and costly reserve capacity in case the nuclear facility shuts down. In 2002, the government of New Brunswick announced plans to reorganize NB Power by creating a parent holding company with separate business units responsible for power generation, nuclear generation, power transmission, power distribution and customer service. A system operator will supervise access to the transmission system. The author argued that the restructuring will not address the problem of excessive costs and high debt. The NB Electric Finance Corporation will be created to service and retire the province's portion of the utility's debt. Instead of taxes and dividends on its equity position, NB Power will make payments to achieve the debt repayment. The restructured utility will still have to generate sufficient revenues to meet expenses. The following recommendations were presented: the government should privatize NB Power to cap taxpayers' debt liability; the government should assume an appropriate protion of the stranded debt liabilities to attract private investors to purchase the utility; electricity rates should be allowed to rise over time to reflect the real cost of operating the system; and, the government should open both the

Achievable data rate in spectrum-sharing channels with variable-rate variable-power primary users

KAUST Repository

Yang, Yuli

2012-08-01

In this work, we propose a transmission strategy for secondary users (SUs) within a cognitive radio network where primary users (PUs) exploit variable-rate variable-power modulation. By monitoring the PU\\'s transmissions, the SU adjusts its transmit power based on the gap between the PU\\'s received effective signal-to-noise power ratio (SNR) and the lower SNR boundary for the modulation mode that is being used in the primary link. Thus, at the SU\\'s presence, the PU\\'s quality of service (QoS) is guaranteed without increasing its processing complexity thanks to no interference cancellation required in the PU\\'s operation. To demonstrate the advantage of our proposed transmission strategy, we analyze the secondary user\\'s achievable data rate by taking into account different transmission capabilities for the secondary transmitter. The corresponding numerical results not only prove the validity of our derivations but also provide a convenient tool for the network design with the proposed transmission strategy. © 2012 IEEE.

Impacts on irrigated agriculture of changes in electricity costs resulting from Western Area Power Administration's power marketing alternatives

International Nuclear Information System (INIS)

Edwards, B.K.; Flaim, S.J.; Howitt, R.E.; Palmer, S.C.

1995-03-01

Irrigation is a major factor in the growth of US agricultural productivity, especially in western states, which account for more than 85% of the nation's irrigated acreage. In some of these states, almost all cropland is irrigated, and nearly 50% of the irrigation is done with electrically powered pumps. Therefore, even small increases in the cost of electricity could have a disproportionate impact on irrigated agriculture. This technical memorandum examines the impacts that could result from proposed changes in the power marketing programs of the Western Area Power Administration's Salt Lake City Area Office. The changes could increase the cost of power to all Western customers, including rural municipalities and irrigation districts that rely on inexpensive federal power to pump water. The impacts are assessed by translating changes in Western's wholesale power rate into changes in the cost of pumping water as an input for agricultural production. Farmers can adapt to higher electricity prices in many ways, such as (1) using different pumping fuels, (2) adding workers and increasing management to irrigate more efficiently, and (3) growing more drought-tolerant crops. This study projects several responses, including using less groundwater and planting fewer waterintensive crops. The study finds that when dependence on Western's power is high, the cost of power can have a major effect on energy use, agricultural practices, and the distribution of planted acreage. The biggest percentage changes in farm income would occur (1) in Nevada and Utah (however, all projected changes are less than 2% of the baseline) and (2) under the marketing alternatives that represent the lowest capacity and energy offer considered in Western's Electric Power Marketing Environmental Impact Statement. The aggregate impact on farm incomes and the value of total farm production would be much smaller than that suggested by the changes in water use and planted acreage

18 CFR 35.42 - Change in status reporting requirement.

Science.gov (United States)

2010-04-01

... 18 Conservation of Power and Water Resources 1 2010-04-01 2010-04-01 false Change in status reporting requirement. 35.42 Section 35.42 Conservation of Power and Water Resources FEDERAL ENERGY... AND TARIFFS Wholesale Sales of Electric Energy, Capacity and Ancillary Services at Market-Based Rates...

Triboelectric Nanogenerator Enabled Body Sensor Network for Self-Powered Human Heart-Rate Monitoring.

Science.gov (United States)

Lin, Zhiming; Chen, Jun; Li, Xiaoshi; Zhou, Zhihao; Meng, Keyu; Wei, Wei; Yang, Jin; Wang, Zhong Lin

2017-09-26

Heart-rate monitoring plays a critical role in personal healthcare management. A low-cost, noninvasive, and user-friendly heart-rate monitoring system is highly desirable. Here, a self-powered wireless body sensor network (BSN) system is developed for heart-rate monitoring via integration of a downy-structure-based triboelectric nanogenerator (D-TENG), a power management circuit, a heart-rate sensor, a signal processing unit, and Bluetooth module for wireless data transmission. By converting the inertia energy of human walking into electric power, a maximum power of 2.28 mW with total conversion efficiency of 57.9% was delivered at low operation frequency, which is capable of immediately and sustainably driving the highly integrated BSN system. The acquired heart-rate signal by the sensor would be processed in the signal process circuit, sent to an external device via the Bluetooth module, and displayed on a personal cell phone in a real-time manner. Moreover, by combining a TENG-based generator and a TENG-based sensor, an all-TENG-based wireless BSN system was developed, realizing continuous and self-powered heart-rate monitoring. This work presents a potential method for personal heart-rate monitoring, featured as being self-powered, cost-effective, noninvasive, and user-friendly.

Area price and demand response in a market with 25% wind power

International Nuclear Information System (INIS)

Grohnheit, Poul Erik; Andersen, Frits Møller; Larsen, Helge V.

2011-01-01

Denmark, east and west of the Great Belt are bidding areas with separate hourly area prices for the Nord Pool power exchange, covering four Nordic countries and parts of Germany. The share of wind power has now increased to 25% on an annual basis in western Denmark. This has a significant impact not only on the electricity wholesale prices, but also on the development of the market. Hourly market data are available from the website of Danish TSO from 1999. In this paper these data are analysed for the period 2004–2010. Electricity generators and customers may respond to hourly price variations, which can improve market efficiency, and a welfare gain is obtained. An important limitation for demand response is events of several consecutive hours with extreme values. The analysis in this paper is a summary and update of some of the issues covered by the EU RESPOND project. It shows that extreme events were few, and the current infrastructure and market organisation have been able to handle the amount of wind power installed so far. This recommends that geographical bidding area for the wholesale electricity market reflects external transmission constraints caused by wind power. - Highlights: ► More than 10 years of hourly electricity market data are available for western Denmark. ► Current infrastructure and market organisation could handle 25% wind power. ► Demand response to hourly electricity prices leads to limited welfare gain. ► Consecutive hours with high or low price, or high or low wind are relatively few.

Rated power factor and excitation system of large turbine generator

International Nuclear Information System (INIS)

Tokumitsu, Iwao; Watanabe, Takashi; Banjou, Minoru.

1979-01-01

As for the rated power factor of turbine generators for thermal power stations, 90% has been adopted since around 1960. On the other hand, power transmission system has entered 500 kV age, and 1,000 kV transmission is expected in the near future. As for the supply of reactive power from thermal and nuclear turbine generators, the necessity of supplying leading reactive power has rather increased. Now, the operating power factor of thermal and nuclear generators becomes 96 to 100% actually. As for the excess stability of turbine generators owing to the strengthening of transmission system and the adoption of super-high voltage, the demand of strict conditions can be dealt with by the adoption of super-fast response excitation system of thyristor shunt winding self exciting type. The adoption of the turbine generators with 90 to 95% power factor and the adoption of the thyristor shunt winding self exciting system were examined and evaluated. The rated power factor of generators, excitation system and economy of adopting these systems are explained. When the power factor of generators is increased from 0.9 to 0.95, about 6% of saving can be obtained in the installation cost. When the thyristor shunt winding self excitation is adopted, it is about 10% more economical than AC excitation. (Kako, I.)

Mexico's Regulatory Engagement in Bulk Electric Power System Planning: An Overview of U.S. Practices and Tools

Energy Technology Data Exchange (ETDEWEB)

O' Neill, Barbara; Hurlbut, David; Pena, Ivonne; Gagne, Douglas; Cook, Jeff; Bracho, Ricardo

2016-06-01

Mexico's transition to a modern wholesale power market will place new demands on how regulators evaluate and approve transmission expansion projects. Transmission projects in a modern wholesale market fulfill one of several needs, and utilities, regional transmission organizations, and regulatory authorities in the United States have encountered comparable challenges in their market transitions to ensure projects meeting each type of need can be built. The purpose of this report is to open a window to view that experience. The report examines key practices of different U.S. jurisdictions that have moved from transmission planning to transmission approval, and it focuses on the role of the regulator in supporting a planning process that equitably meets identified needs.

Electric power industry deregulation in the United States: impacts on U.S. and Canadian markets

Energy Technology Data Exchange (ETDEWEB)

Hall, G.R. [Putnam, Hayes and Bartlett, Inc., Cambridge, MA (United States)

1996-10-01

An overview of the restructuring and deregulation of the United States electric power industry and the implications for the North American natural gas industry was presented. Electric power restructuring and its effect on wholesale and retail competition was discussed. It was suggested that although in the short term electric power deregulation impacts negatively on the natural gas industry, the long term impacts are favourable. The short term impact on the natural gas industry will mean increased competition and downward pressure on gas prices. In contrast, the long term impact could mean increased reliance on gas for electric power generation and convergence of the electric power and natural gas industries.

Asymmetric power device rating selection for even temperature distribution in NPC inverter

DEFF Research Database (Denmark)

Choi, Uimin; Blaabjerg, Frede

2017-01-01

the power rating and lifetime of the NPC inverter are limited by the most stressed devices. In this paper, an asymmetric power device rating selection method for the NPC inverter is proposed in order to balance the lifetimes of the power devices. The thermal distribution of the power devices is analyzed......A major drawback of the NPC inverter is an unequal power loss distribution among the power devices which leads to unequal temperature stress among them. Therefore, certain power devices experience higher temperature stress, which is the main cause of power device module failure and thus both...... based on 30 kW NPC inverter as a case study. Analytical power loss and thermal impedance models depending on the chip size are derived. Finally, using these models, the junction temperatures of the power devices depending on the chip size is discussed and a proper chip size for an even temperature...

Insight conference reports : Alberta power summit

International Nuclear Information System (INIS)

2003-01-01

The 18 presentations at this conference covered a wide range of topics dealing with the Canada's electric power industry. Issues of particular concern included lessons learned from restructuring in Alberta, Ontario and New Brunswick, as well as credit risk management in the power sector, power marketing in Alberta, and transmission issues. The challenges facing the industry regarding climate change and the commitment made by Canada under the Kyoto Protocol to reduce greenhouse gas emissions was also discussed with particular reference to emissions trading and the need to harmonize environmental policies between federal and provincial jurisdictions. The move to deregulate the industry played an important role in restructuring a vertically integrated industry into power generation, transmission and distribution. High electricity prices eventually resulted in re regulation of the industry and a synergy between wholesale and retail markets. Four of the 18 papers were indexed separately for inclusion in the database. refs., tabs., figs

Pen harvester for powering a pulse rate sensor

International Nuclear Information System (INIS)

Bedekar, Vishwas; Oliver, Josiah; Priya, Shashank

2009-01-01

Rapid developments in the area of micro-sensors for various applications such as structural health monitoring, bio-chemical sensors and pressure sensors have increased the demand for portable, low cost, high efficiency energy harvesting devices. In this paper, we describe the scheme for powering a pulse rate sensor with a vibration energy harvester integrated inside a pen commonly carried by humans in the pocket close to the heart. Electromagnetic energy harvesting was selected in order to achieve high power at lower frequencies. The prototype pen harvester was found to generate 3 mW at 5 Hz and 1 mW at 3.5 Hz operating under displacement amplitude of 16 mm (corresponding to an acceleration of approximately 1.14 g rms at 5 Hz and 0.56 g rms at 3.5 Hz, respectively). A comprehensive mathematical modelling and simulations were performed in order to optimize the performance of the vibration energy harvester. The integrated pen harvester prototype was found to generate continuous power of 0.46-0.66 mW under normal human actions such as jogging and jumping which is enough for a small scale pulse rate sensor.

18 CFR 300.20 - Interim acceptance and review of Bonneville Power Administration rates.

Science.gov (United States)

2010-04-01

... 18 Conservation of Power and Water Resources 1 2010-04-01 2010-04-01 false Interim acceptance and review of Bonneville Power Administration rates. 300.20 Section 300.20 Conservation of Power and Water... Director of the Office of Energy Market Regulation; or (ii) Deny the Administrator's interim rate request...

Pricing of power in the new market: the impact on industrial/commercial customers

Energy Technology Data Exchange (ETDEWEB)

Johannson, K. [TransCanada Power, Calgary, AB (Canada)

2001-07-01

A series of viewgraphs were part of this presentation where the author discussed the operations of TransCanada Power. The company operates a power plant that generate 1500 MW, and has 1000 MW in the advanced development stage. TransCanada Power is also a wholesale marketer that actively participates in regulatory and market design forums. It handles 20 per cent of large industrial loads. A brief overview of power price risk was provided, where the concept of value at risk (VAR), a measurement technique, was explained. An example further illustrated the concept. The author reviewed power markets in Alberta from an historical perspective, noting the differences between regulated wholesale markets and the markets found today. A discussion of the drivers of regulated markets ensued, followed by the drivers of the deregulated market, where generation assets are privately owned, operating outside of the adjudication of the regulator, and the merit order is established by ranking of offers, not costs. Return is made from energy commodity sales, the market price is affected by outside influences, and the average market price does not reflect the average system costs. The author explained the changes that took place and discussed some pricing issues. A section on pricing options reviewed pricing decision objectives, term, short term purchases, long term fixed price energy, gas tolling agreements. The author concluded that each organization must define its tolerance to risk, its comfort level with treating electricity differently than gas. The fundamentals behind pricing must be understood, as well as the competitive position of company. tabs., figs.

Pricing of power in the new market: the impact on industrial/commercial customers

International Nuclear Information System (INIS)

Johannson, K.

2001-01-01

A series of viewgraphs were part of this presentation where the author discussed the operations of TransCanada Power. The company operates a power plant that generate 1500 MW, and has 1000 MW in the advanced development stage. TransCanada Power is also a wholesale marketer that actively participates in regulatory and market design forums. It handles 20 per cent of large industrial loads. A brief overview of power price risk was provided, where the concept of value at risk (VAR), a measurement technique, was explained. An example further illustrated the concept. The author reviewed power markets in Alberta from an historical perspective, noting the differences between regulated wholesale markets and the markets found today. A discussion of the drivers of regulated markets ensued, followed by the drivers of the deregulated market, where generation assets are privately owned, operating outside of the adjudication of the regulator, and the merit order is established by ranking of offers, not costs. Return is made from energy commodity sales, the market price is affected by outside influences, and the average market price does not reflect the average system costs. The author explained the changes that took place and discussed some pricing issues. A section on pricing options reviewed pricing decision objectives, term, short term purchases, long term fixed price energy, gas tolling agreements. The author concluded that each organization must define its tolerance to risk, its comfort level with treating electricity differently than gas. The fundamentals behind pricing must be understood, as well as the competitive position of company. tabs., figs

Impacts of High Variable Renewable Energy Futures on Wholesale Electricity Prices, and on Electric-Sector Decision Making

OpenAIRE

Seel, J; Mills, AD; Wiser, RH

2018-01-01

Increasing penetrations of variable renewable energy (VRE) can affect wholesale electricity price patterns and make them meaningfully different from past, traditional price patterns. Many long-lasting decisions for supply- and demand-side electricity infrastructure and programs are based on historical observations or assume a business-as-usual future with low shares of VRE. Our motivating question is whether certain electric-sector decisions that are made based on assumptions reflecting low V...

Conceptual design and architecture of an informatics solution for smart trading on wholesale energy market in Romania

Directory of Open Access Journals (Sweden)

Adela BÂRA

2017-04-01

Full Text Available This paper presents conceptual design and architecture of an informatics solution that aims to implement analytical models for optimization and forecasting the electricity demand and generation, simulation and what if analysis for efficient trading activities on wholesale energy markets in Romania. The informatics solution will be developed as a prototype on a cloud computing platform in order to allow easy access to energy providers and network operators.

Optimal power allocation of a sensor node under different rate constraints

KAUST Repository

Ayala Solares, Jose Roberto

2012-06-01

The optimal transmit power of a sensor node while satisfying different rate constraints is derived. First, an optimization problem with an instantaneous transmission rate constraint is addressed. Next, the optimal power is analyzed, but now with an average transmission rate constraint. The optimal solution for a class of fading channels, in terms of system parameters, is presented and a suboptimal solution is also proposed for an easier, yet efficient, implementation. Insightful asymptotical analysis for both schemes, considering a Rayleigh fading channel, are shown. Finally, the optimal power allocation for a sensor node in a cognitive radio environment is analyzed where an optimum solution for a class of fading channels is again derived. In all cases, numerical results are provided for either Rayleigh or Nakagami-m fading channels. © 2012 IEEE.

Time-variant power spectral analysis of heart-rate time series by ...

Indian Academy of Sciences (India)

Frequency domain representation of a short-term heart-rate time series (HRTS) signal is a popular method for evaluating the cardiovascular control system. The spectral parameters, viz. percentage power in low frequency band (%PLF), percentage power in high frequency band (%PHF), power ratio of low frequency to high ...

76 FR 11177 - Frequency Regulation Compensation in the Organized Wholesale Power Markets

Science.gov (United States)

2011-03-01

... Comments Regarding Rates, Accounting and Financial Reporting for Electric Storage Technologies, Docket No..., neither compensates for the resource's actual ramping contribution. As a result, Alcoa's fast ramp rate... equal to its entire capacity in one minute. The study's authors determined the ramping ability for...

Determining the Exchange Rate: Purchasing Power Parity – PPP

Directory of Open Access Journals (Sweden)

Bangun WIDOYOKO

2018-05-01

Full Text Available This study aimed to examine the effect of inflation on the issue of exchange rate determination of the forward exchange rate on the exchange rate of RMB (Renminbi to Rupiah. Inflation has been chosen as an independent variable because of its close relation to PPP (purchasing power parity theory. Analyses in this research have used logistic analysis with time series data. The data that has been used include exchange rate data with the period 2007-2017 with a sample size of 132 data. The results of this study have shown that inflation is effective in determining the exchange rate.

The role of nuclear power plants in the wholesale electricity market

International Nuclear Information System (INIS)

Alonso, J. c.; Alonso, J.; Gonzalez, A.; Gonzalez, R.

2009-01-01

The Spanish electricity market has been running foe eleven years and its rules and procedures have proven compatible with a safe and stable operation of the nuclear power plants, helped by a wide portfolio of technologies in the Spanish system. In the near future, two issues emerge as a potential threat: the increase in renewable (mainly wind) production and its volatility and the development of new network infrastructure around the plants owned by third parties. Stricter rules on network development and operation and greater respect to the plants operational needs have to be pushed forward by the industry to succeed in life extension programs. (Author)

Rating leniency and halo in multisource feedback ratings: testing cultural assumptions of power distance and individualism-collectivism.

Science.gov (United States)

Ng, Kok-Yee; Koh, Christine; Ang, Soon; Kennedy, Jeffrey C; Chan, Kim-Yin

2011-09-01

This study extends multisource feedback research by assessing the effects of rater source and raters' cultural value orientations on rating bias (leniency and halo). Using a motivational perspective of performance appraisal, the authors posit that subordinate raters followed by peers will exhibit more rating bias than superiors. More important, given that multisource feedback systems were premised on low power distance and individualistic cultural assumptions, the authors expect raters' power distance and individualism-collectivism orientations to moderate the effects of rater source on rating bias. Hierarchical linear modeling on data collected from 1,447 superiors, peers, and subordinates who provided developmental feedback to 172 military officers show that (a) subordinates exhibit the most rating leniency, followed by peers and superiors; (b) subordinates demonstrate more halo than superiors and peers, whereas superiors and peers do not differ; (c) the effects of power distance on leniency and halo are strongest for subordinates than for peers and superiors; (d) the effects of collectivism on leniency were stronger for subordinates and peers than for superiors; effects on halo were stronger for subordinates than superiors, but these effects did not differ for subordinates and peers. The present findings highlight the role of raters' cultural values in multisource feedback ratings. PsycINFO Database Record (c) 2011 APA, all rights reserved

Wholesale electricity, natural gas and CO2 markets - Observatory 3. Quarter 2016 (Figures as at 30/09/2016)

International Nuclear Information System (INIS)

2016-01-01

The wholesale markets Observatory aims to provide general monitoring indicators of electricity, natural gas and CO 2 markets in France. This Observatory is updated on a Quarterly basis and published on CRE's web site (www.cre.fr). The first part of the report summarises the highlights of the Quarter. The indicators (main dates, key Graphs and graphs) are detailed in the second part

Achievable data rate in spectrum-sharing channels with variable-rate variable-power primary users

KAUST Repository

Yang, Yuli; Aï ssa, Sonia

2012-01-01

In this work, we propose a transmission strategy for secondary users (SUs) within a cognitive radio network where primary users (PUs) exploit variable-rate variable-power modulation. By monitoring the PU's transmissions, the SU adjusts its transmit

Power generation planning: a survey from monopoly to competition

International Nuclear Information System (INIS)

Kagiannas, A.G.; Askounis, D.T.; Psarras, J.

2004-01-01

During the last two decades electric power generation industry in many countries and regions around the world has undergone a significant transformation from being a centrally coordinated monopoly to a deregulated liberalized market. In the majority of those countries, competition has been introduced through the adoption of a competitive wholesale electricity spot market. Short-term efficiency of power generators under competitive environment has attracted considerable effort from researchers, while long-term investment performance has received less attention. In this context, the paper aims to serve as a comprehensive review basis for generation planning methods applied in a competitive electric power generation market. The traditional modeling techniques developed for generation expansion planning under monopoly are initially presented in an effort to assess the evolution of generation planning according to the evolution of the structure of the electric power market. (author)

Suitability of representative electrochemical energy storage technologies for ramp-rate control of photovoltaic power

Science.gov (United States)

Jiang, Yu; Fletcher, John; Burr, Patrick; Hall, Charles; Zheng, Bowen; Wang, Da-Wei; Ouyang, Zi; Lennon, Alison

2018-04-01

Photovoltaic (PV) systems can exhibit rapid variances in their power output due to irradiance changes which can destabilise an electricity grid. This paper presents a quantitative comparison of the suitability of different electrochemical energy storage system (ESS) technologies to provide ramp-rate control of power in PV systems. Our investigations show that, for PV systems ranging from residential rooftop systems to megawatt power systems, lithium-ion batteries with high energy densities (up to 600 Wh L-1) require the smallest power-normalised volumes to achieve the ramp rate limit of 10% min-1 with 100% compliance. As the system size increases, the ESS power-normalised volume requirements are significantly reduced due to aggregated power smoothing, with high power lithium-ion batteries becoming increasingly more favourable with increased PV system size. The possibility of module-level ramp-rate control is also introduced, and results show that achievement of a ramp rate of 10% min-1 with 100% compliance with typical junction box sizes will require ESS energy and power densities of 400 Wh L-1 and 2300 W L-1, respectively. While module-level ramp-rate control can reduce the impact of solar intermittence, the requirement is challenging, especially given the need for low cost and long cycle life.

Proceedings of the 7. Independent Power Producers' Society of Alberta annual conference

International Nuclear Information System (INIS)

2001-01-01

This conference provided to the delegates from across North America a forum where a wide array of perspectives with regard to the new electric market place of Alberta could be discussed. Speakers covered a lot of ground in their examination of the deregulation of the electricity market in Alberta and the impacts felt by consumers and producers alike. The recent events that led to the deregulation were reviewed and an emphasis was also placed on the successful development of power generation projects, wholesale pricing options and independent retail strategies. Open energy markets were discussed in a series of speaker panels where representatives from private organizations added their views on the topic. The conference was divided into seven sessions entitled: (1) the operation of Alberta's market, (2) panel discussion: defending the market, (3) competitive hurdles to successful development, (4) alternative energy solutions, (5) mechanics of retail choice, (6) wholesale pricing options, and (7) independent retailer strategies. refs., tabs., figs

Audit Calculations of LBLOCA for Ulchin Unit 1 and 2 Power Up rate

Energy Technology Data Exchange (ETDEWEB)

Kang, Donggu; Huh, Byunggil; Yoo, Seunghunl; Yang, Chaeyong; Seul, Kwangwon [Korea Institute of Nuclear Safety, Daejeon (Korea, Republic of)

2013-05-15

The KINS-Realistic Evaluation Model (KINS-REM) was developed for the independent audit calculation in 1991, and the code accuracy and statistical method have been improved. To support the licensing review and to confirm the validity of licensee's calculation, regulatory auditing calculations have been also conducted. Currently, the modification of Ulchin 1 and 2 operating license for 4.5% power up rate is under review. In this study, the regulatory audit calculation for LBLOCA of Ulchin Unit 1 and 2 with 4.5% power up rate was performed by applying KINS-REM. In this study, the regulatory audit calculation for LBLOCA of Ulchin Unit 1 and 2 with 4.5% power up rate was performed by applying KINS-REM. It is confirmed that the analysis results of LBLOCA for Ulchin 1 and 2 power up rate meets the PCT acceptance criteria.

75 FR 71097 - Commission Information Collection Activities (FERC-919); Comment Request; Submitted for OMB Review

Science.gov (United States)

2010-11-22

... power analyses allow the Commission to monitor changes in a seller's market presence or potential abuses of market power. The use of the Order No. 697 screens and reviews for market power for all companies... means wholesale power marketers and wholesale power producers that own or control 500 MW or less of...

Morbidity and mortality of invertebrates, amphibians, reptiles, and mammals at a major exotic companion animal wholesaler.

Science.gov (United States)

Ashley, Shawn; Brown, Susan; Ledford, Joel; Martin, Janet; Nash, Ann-Elizabeth; Terry, Amanda; Tristan, Tim; Warwick, Clifford

2014-01-01

The authors formally investigated a major international wildlife wholesaler and subsequently confiscated more than 26,400 nonhuman animals of 171 species and types. Approximately 80% of the nonhuman animals were identified as grossly sick, injured, or dead, with the remaining in suspected suboptimal condition. Almost 3,500 deceased or moribund animals (12% of stock), mostly reptiles, were being discarded on a weekly basis. Mortality during the 6-week "stock turnover" period was determined to be 72%. During a 10-day period after confiscation, mortality rates (including euthanasia for humane reasons) for the various taxa were 18% for invertebrates, 44.5% for amphibians, 41.6% for reptiles, and 5.5% for mammals. Causes of morbidity and mortality included cannibalism, crushing, dehydration, emaciation, hypothermic stress, infection, parasite infestation, starvation, overcrowding, stress/injuries, euthanasia on compassionate grounds, and undetermined causes. Contributing factors for disease and injury included poor hygiene; inadequate, unreliable, or inappropriate provision of food, water, heat, and humidity; presumed high levels of stress due to inappropriate housing leading to intraspecific aggression; absent or minimal environmental enrichment; and crowding. Risks for introduction of invasive species through escapes and/or spread of pathogens to naive populations also were identified.

Power system and market integration of renewable electricity

Science.gov (United States)

Erdmann, Georg

2017-07-01

This paper addresses problems of power generation markets that arise under high shares of intermittent generation. After discussing the economic fundamentals of wind and photovoltaic investments, the paper introduces the concept of the "Merit order effect of renewables". According to this concept electricity prices on wholesale power markets become smaller in periods during which large volumes of wind and photovoltaic generation is available and squeeze out relative expensive gas-fired power generation. The merit order effect of renewables has a couple of consequences. Among others it challenges the profitability of conventional power generation. If such generation capacities are still necessary, at least during a transitory period, a capacity mechanism may be put in place that generates an additional stream of income to the operators of conventional power generators. Another consequence of growing intermittent power generation is the need for concepts and technologies that deal with excess generation. Among these concepts are virtual and physical power storage capacities. In the last parts of the paper models are presented that are able to analyze these concepts from an economic point of view.

A wholesale customer's view of retail access

International Nuclear Information System (INIS)

Andrews, D.

1998-01-01

The commitment of ENMAX (the city of Calgary's electric system) to facilitate and enable efficient and economic improvements in the electric power industry was discussed. The utility encourages small load centre generation and the reduction of emissions by improved efficiency and trading. They recognize that customers are the major force for change. The first set of issues that must be resolved include: (1) defining regulatory powers of the Alberta Energy and Utilities Board, (2) assuring exclusivity of wires within municipalities, (3) verifying credit worthiness of energy service providers (ESPs), (4) customer ESP switching, (5) resolving stranded assets, such as meters, and (6) stable rate option obligation risks for the utilities. Some other issues awaiting resolution include: (1) unbundling cost allocation, (2) disconnects, reconnects and new connects, (3) billing duplications, and (4) real time metering versus load profiling. 1 fig

Buying and selling power in a deregulated energy market : proceedings of an Insight conference

International Nuclear Information System (INIS)

1999-01-01

Issues relating to the restructuring of Ontario's electric power industry, especially the buying and selling of power are the principal focus of this conference. The restructuring began in November 1997 when the Ontario government announced its plans to have open competition in both the wholesale and retail electricity market by the year 2000. The nature of buying and selling in a competitive energy market, the impact that this new regulatory regime will have on Municipal Electrical Utilities (MEUs), supplier certification, load profiling, power quality and reliability, and issues regarding contracts for transmission and distribution of electric power in an open electricity market received much attention. Concerns about the exercise of market power, and issues related to consumer choices and goals were also discussed. refs., tabs., figs

Defining European Wholesale Electricity Markets. An 'And/Or' Approach

Energy Technology Data Exchange (ETDEWEB)

Dijkgraaf, E. [Erasmus School of Economics, Erasmus University Rotterdam, Rotterdam (Netherlands); Janssen, M.C.W. [University of Vienna, Vienna (Austria)

2009-09-15

An important question in the dynamic European wholesale markets for electricity is whether to define the geographical market at the level of an individual member state or more broadly. We show that if we currently take the traditional approach by considering for each member state whether there is one single other country that provides a substitute for domestic production, the market in each separate member state has still to be considered a separate market. However, if we allow for the possibility that at different moments in time there is another country that provides a substitute for domestic production, then the conclusion should be that certain member states do not constitute a separate geographical market. This is in particular true for Belgium, but also for The Netherlands, France, and to some extent also for Germany and Austria. We call this alternative approach the 'and/or' approach.

Deposition Rates of High Power Impulse Magnetron Sputtering: Physics and Economics

Energy Technology Data Exchange (ETDEWEB)

Anders, Andre

2009-11-22

Deposition by high power impulse magnetron sputtering (HIPIMS) is considered by some as the new paradigm of advanced sputtering technology, yet this is met with skepticism by others for the reported lower deposition rates, if compared to rates of more conventional sputtering of equal average power. In this contribution, the underlying physical reasons for the rate changes are discussed, including (i) ion return to the target and self-sputtering, (ii) the less-than-linear increase of the sputtering yield with increasing ion energy, (iii) yield changes due to the shift of species responsible for sputtering, (iv) changes to due to greater film density, limited sticking, and self-sputtering on the substrate, (v) noticeable power losses in the switch module, (vi) changes of the magnetic balance and particle confinement of the magnetron due to self-fields at high current, and (vii) superposition of sputtering and sublimation/evaporation for selected materials. The situation is even more complicated for reactive systems where the target surface chemistry is a function of the reactive gas partial pressure and discharge conditions. While most of these factors imply a reduction of the normalized deposition rate, increased rates have been reported for certain conditions using hot targets and less poisoned targets. Finally, some points of economics and HIPIMS benefits considered.

Deposition rates of high power impulse magnetron sputtering: Physics and economics

International Nuclear Information System (INIS)

Anders, Andre

2010-01-01

Deposition by high power impulse magnetron sputtering (HIPIMS) is considered by some as the new paradigm of advanced sputtering technology, yet this is met with skepticism by others for the reported lower deposition rates, if compared to rates of more conventional sputtering of equal average power. In this contribution, the underlying physical reasons for the rate changes are discussed, including (i) ion return to the target and self-sputtering, (ii) the less-than-linear increase in the sputtering yield with increasing ion energy, (iii) yield changes due to the shift of species responsible for sputtering, (iv) changes due to greater film density, limited sticking, and self-sputtering on the substrate, (v) noticeable power losses in the switch module, (vi) changes in the magnetic balance and particle confinement of the magnetron due to self-fields at high current, and (vii) superposition of sputtering and sublimation/evaporation for selected materials. The situation is even more complicated for reactive systems where the target surface chemistry is a function of the reactive gas partial pressure and discharge conditions. While most of these factors imply a reduction in the normalized deposition rate, increased rates have been reported for certain conditions using hot targets and less poisoned targets. Finally, some points of economics and HIPIMS benefits are considered.

The effects of forecast errors on the merchandising of wind power

International Nuclear Information System (INIS)

Roon, Serafin von

2012-01-01

A permanent balance between consumption and generation is essential for a stable supply of electricity. In order to ensure this balance, all relevant load data have to be announced for the following day. Consequently, a day-ahead forecast of the wind power generation is required, which also forms the basis for the sale of the wind power at the wholesale market. The main subject of the study is the short-term power supply, which compensates errors in wind power forecasting for balancing the wind power forecast errors at short notice. These forecast errors effects the revenues and the expenses by selling and buying power in the day-ahead, intraday and balance energy market. These price effects resulting from the forecast errors are derived from an empirical analysis. In a scenario for the year 2020 the potential of conventional power plants to supply power at short notice is evaluated from a technical and economic point of view by a time series analysis and a unit commitment simulation.

Entity’s Irregular Demand Scheduling of the Wholesale Electricity Market based on the Forecast of Hourly Price Ratios

Directory of Open Access Journals (Sweden)

O. V. Russkov

2015-01-01

Full Text Available The article considers a hot issue to forecast electric power demand amounts and prices for the entities of wholesale electricity market (WEM, which are in capacity of a large user with production technology requirements prevailing over hourly energy planning ones. An electric power demand of such entities is on irregular schedule. The article analyses mathematical models, currently applied to forecast demand amounts and prices. It describes limits of time-series models and fundamental ones in case of hourly forecasting an irregular demand schedule of the electricity market entity. The features of electricity trading at WEM are carefully analysed. Factors that influence on irregularity of demand schedule of the metallurgical plant are shown. The article proposes method for the qualitative forecast of market price ratios as a tool to reduce a dependence on the accuracy of forecasting an irregular schedule of demand. It describes the differences between the offered method and the similar ones considered in research studies and scholarly works. The correlation between price ratios and relaxation in the requirements for the forecast accuracy of the electric power consumption is analysed. The efficiency function of forecast method is derived. The article puts an increased focus on description of the mathematical model based on the method of qualitative forecast. It shows main model parameters and restrictions the electricity market imposes on them. The model prototype is described as a programme module. Methods to assess an effectiveness of the proposed forecast model are examined. The positive test results of the model using JSC «Volzhsky Pipe Plant» data are given. A conclusion is drawn concerning the possibility to decrease dependence on the forecast accuracy of irregular schedule of entity’s demand at WEM. The effective trading tool has been found for the entities of irregular demand schedule at WEM. The tool application allows minimizing cost

Classificação do tomate por atacadistas e produtores Curitiba Classification of tomatoes by wholesalers and producers in Curitiba, Brazil

Directory of Open Access Journals (Sweden)

Luciana R Rodrigues

2007-12-01

treinamentos que estimulem a sua adoção.The effectively used system for classification of table tomatoes by wholesalers and producers was studied in Curitiba, Brazil. We also identified why the laws of classification are not adopted. Eleven wholesalers and 31 tomato planters, which sell their production in CEASA Curitiba, were interviewed. Other two producers were also interviewed in their properties and tracked from production to marketing. After tabulation of the data, we calculated the percentage of respondents in each issue framed in relation to the total number of interviewees. More than one language of classification was identified on the market, and although there are no patterns of grading standards, these languages are included on saling. For wholesalers of CEASA Curitiba, the classification of tomatoes is based on the color and fruit size. The fruits can be green, colorful (or painted or red (or mature and present size Extra 3A or mouth 5 (diameter greater than 7.5 cm, Extra 2A or mouths 6 or 7 (diameter between 6.2 and 7,5 cm, Extra 1A or mouths 8 or 9 (diameter between 4.8 and 6.2 cm. The fruits Extra 2A (average are the most frequent in trade. Most producers rank the fruits in great, intermediate and little, in a clear correlation with the classification adopted by the wholesalers. Both rating systems differ from the official; according to the majority of wholesalers and producers, it is difficult to enforce, and the final product can become expensive and lead to a considerable increase in the discarded fruits. For these reasons, rather than official standards for the classification of tomatoes could be adopted, it is necessary to provide for the productive sector technologies and qualified technical assistance. It is also necessary that the rules of classification are internalized by the agents of the market through courses and training to encourage their adoption.

Achievable rate of spectrum sharing cognitive radio systems over fading channels at low-power regime

KAUST Repository

Sboui, Lokman

2014-11-01

We study the achievable rate of cognitive radio (CR) spectrum sharing systems at the low-power regime for general fading channels and then for Nakagami fading. We formally define the low-power regime and present the corresponding closed-form expressions of the achievable rate lower bound under various types of interference and/or power constraints, depending on the available channel state information of the cross link (CL) between the secondary-user transmitter and the primary-user receiver. We explicitly characterize two regimes where either the interference constraint or the power constraint dictates the optimal power profile. Our framework also highlights the effects of different fading parameters on the secondary link (SL) ergodic achievable rate. We also study more realistic scenarios when there is either 1-bit quantized channel feedback from the CL alone or 2-bit feedback from both the CL and the SL and propose simple power control schemes and show that these schemes achieve the previously achieved rate at the low-power regime. Interestingly, we show that the low-power regime analysis provides a specific insight into the maximum achievable rate behavior of CR that has not been reported by previous studies.

The impact of the EU ETS on prices, profits and emissions in the power sector. Simulation results with the COMPETES model

International Nuclear Information System (INIS)

Lise, W.; Sijm, J.; Hobbs, B.F.

2009-06-01

This paper analyses the impact of the EU Emissions Trading Scheme (ETS) on electricity wholesale in 20 European countries. The analyses show that the costs of (freely allocated) CO2 emission allowances are nearly fully passed through to power prices, which also depend on the structure of the power market, i.e., the incidence of market power, and the price responsiveness of power demand. Finally, the analyses show that internalization and pass-through of carbon costs are needed to reduce CO2 emissions by both changing the mix of power generation technologies and lowering total electricity demand

The impact of the EU ETS on prices, profits and emissions in the power sector. Simulation results with the COMPETES model

Energy Technology Data Exchange (ETDEWEB)

Lise, W. [IBS Research and Consultancy, Istanbul (Turkey); Sijm, J. [ECN Policy Studies, Petten (Netherlands); Hobbs, B.F. [Department of Geography and Environmental Engineering, Johns Hopkins University, Baltimore, Maryland (United States)

2009-06-15

This paper analyses the impact of the EU Emissions Trading Scheme (ETS) on electricity wholesale in 20 European countries. The analyses show that the costs of (freely allocated) CO2 emission allowances are nearly fully passed through to power prices, which also depend on the structure of the power market, i.e., the incidence of market power, and the price responsiveness of power demand. Finally, the analyses show that internalization and pass-through of carbon costs are needed to reduce CO2 emissions by both changing the mix of power generation technologies and lowering total electricity demand.

CERI says lower power rates still in the future

International Nuclear Information System (INIS)

Anon.

2000-01-01

The impact that consumers will encounter with the convergence of Alberta's natural gas and electric utility industry were discussed. It will take a few years of infrastructure improvements before lower rates and improved efficiencies will be realized. Electricity prices in Alberta are expected to increase until the next generating capacity is connected to the provincial power grid. In addition, consumer prices are increasing because of the province's reliance on imports from British Columbia to meet peak demand. In August 2000 the province held a controversial auction of its generating capacity. The auction raised little more than $1 billion to the balancing pool, well short of the $4 billion target. Two major power facilities, the Genesee and Sheerness, failed to attract any bids at all. Despite this, the government accepted the results of the auction and will move forward with its retail restructuring program which calls for the competitive power market to be in place on January 1, 2001. The five major bidders who acquired the right to market about 4,249 megawatts of generating capacity from eight generating units in Alberta are EPCOR Utilities Inc., ENMAX Energy Corp., Enron Canada Power Corp., TransCanada PipeLines Ltd., and Engage Energy. The Alberta government is in the process of finalizing details of how the raised funds will be used to offset the impact of electricity rates

The rate coefficients of unimolecular reactions in the systems with power-law distributions

Science.gov (United States)

Yin, Cangtao; Guo, Ran; Du, Jiulin

2014-08-01

The rate coefficient formulae of unimolecular reactions are generalized to the systems with the power-law distributions based on nonextensive statistics, and the power-law rate coefficients are derived in the high and low pressure limits, respectively. The numerical analyses are made of the rate coefficients as functions of the ν-parameter, the threshold energy, the temperature and the number of degrees of freedom. We show that the new rate coefficients depend strongly on the ν-parameter different from one (thus from a Boltzmann-Gibbs distribution). Two unimolecular reactions, CH3CO→CH3+CO and CH3NC→CH3CN, are taken as application examples to calculate their power-law rate coefficients, which obtained with the ν-parameters slightly different from one can be exactly in agreement with all the experimental studies on these two reactions in the given temperature ranges.

Electric power annual 1998. Volume 1

Energy Technology Data Exchange (ETDEWEB)

NONE

1999-04-01

The purpose of this report, Electric Power Annual 1998 Volume 1 (EPAVI), is to provide a comprehensive overview of the electric power industry during the most recent year for which data have been collected, with an emphasis on the major changes that occurred. In response to the changes of 1998, this report has been expanded in scope. It begins with a general review of the year and incorporates new data on nonutility capacity and generation, transmission information, futures prices from the Commodity futures Trading commission, and wholesale spot market prices from the pennsylvania-new Jersey-Maryland Independent System Operator and the California Power Exchange. Electric utility statistics at the Census division and State levels on generation, fuel consumption, stocks, delivered cost of fossil fuels, sales to ultimate customers, average revenue per kilowatthour of electricity sold, and revenues from those retail sales can be found in Appendix A. The EPAVI is intended for a wide audience, including Congress, Federal and State agencies, the electric power industry, and the general public.

Pilot power based rate control in CDMA 2000 1x EV-DO Rev-A

Institute of Scientific and Technical Information of China (English)

LIU Xiao-feng; GU Jian; YANG Hong-wen

2008-01-01

This article proposes a new algorithm to improvethe rate control efficiency of enhanced reverse link mediumaccess control (RLMAC) in the code division multiple access(CDMA) lx EV-DO release A(Rev. A) system. The newalgorithm brings reverse access terminal (AT) pilot power tothe RLMAC rate control procedure and makes it easier for alow pilot power user to increase its data rate when the systemis slightly loaded and harder to decrease its date rate when thesystem is heavily loaded. Numerical results of system levelsimulations show that the new algorithm can bring highersystem throughput, lower AT transmission power, and lowersystem load.

Tax Rates Effects on the Risk Level of Listed Viet Nam Wholesale ...

African Journals Online (AJOL)

user

The emerging stock market in Viet Nam has been developed since 2006 and was affected ... positive relationship with the increasing levels of tax rate. Finally, this ... Hypothesis 1: because tax may strongly affect business returns, changing tax.

Optimal Power Allocation of a Wireless Sensor Node under Different Rate Constraints

KAUST Repository

Solares, Jose

2011-07-01

Wireless sensor networks consist of the placement of sensors over a broad area in order to acquire data. Depending on the application, different design criteria should be considered in the construction of the sensors but among all of them, the battery life-cycle is of crucial interest. Power minimization is a problem that has been addressed from different approaches which include an analysis from an architectural perspective and with bit error rate and/or discrete instantaneous transmission rate constraints, among others. In this work, the optimal transmit power of a sensor node while satisfying different rate constraints is derived. First, an optimization problem with an instantaneous transmission rate constraint is addressed. Next, the optimal power is analyzed, but now with an average transmission rate constraint. The optimal solution for a class of fading channels, in terms of system parameters, is presented and a suboptimal solution is also proposed for an easier, yet efficient, implementation. Insightful asymptotical analysis for both schemes, considering a Rayleigh fading channel, are shown. Furthermore, the optimal power allocation for a sensor node in a cognitive radio environment is analyzed where an optimum solution for a class of fading channels is again derived. In all cases, numerical results are provided for either Rayleigh or Nakagami-m fading channels. The results obtained are extended to scenarios where we have either one transmitter-multiple receivers or multiple transmitters-one receiver.

Determination of the in-core power and the average core temperature of low power research reactors using gamma dose rate measurements

International Nuclear Information System (INIS)

Osei Poku, L.

2012-01-01

Most reactors incorporate out-of-core neutron detectors to monitor the reactor power. An accurate relationship between the powers indicated by these detectors and actual core thermal power is required. This relationship is established by calibrating the thermal power. The most common method used in calibrating the thermal power of low power reactors is neutron activation technique. To enhance the principle of multiplicity and diversity of measuring the thermal neutron flux and/or power and temperature difference and/or average core temperature of low power research reactors, an alternative and complimentary method has been developed, in addition to the current method. Thermal neutron flux/Power and temperature difference/average core temperature were correlated with measured gamma dose rate. The thermal neutron flux and power predicted using gamma dose rate measurement were in good agreement with the calibrated/indicated thermal neutron fluxes and powers. The predicted data was also good agreement with thermal neutron fluxes and powers obtained using the activation technique. At an indicated power of 30 kW, the gamma dose rate measured predicted thermal neutron flux of (1* 10 12 ± 0.00255 * 10 12 ) n/cm 2 s and (0.987* 10 12 ± 0.00243 * 10 12 ) which corresponded to powers of (30.06 ± 0.075) kW and (29.6 ± 0.073) for both normal level of the pool water and 40 cm below normal levels respectively. At an indicated power of 15 kW, the gamma dose rate measured predicted thermal neutron flux of (5.07* 10 11 ± 0.025* 10 11 ) n/cm 2 s and (5.12 * 10 11 ±0.024* 10 11 ) n/cm 2 s which corresponded to power of (15.21 ± 0.075) kW and (15.36 ± 0.073) kW for both normal levels of the pool water and 40 cm below normal levels respectively. The power predicted by this work also compared well with power obtained from a three-dimensional neutronic analysis for GHARR-1 core. The predicted power also compares well with calculated power using a correlation equation obtained from

High-power pre-chirp managed amplification of femtosecond pulses at high repetition rates

International Nuclear Information System (INIS)

Liu, Yang; Li, Wenxue; Zhao, Jian; Bai, Dongbi; Luo, Daping; Zeng, Heping

2015-01-01

Femtosecond pulses at 250 MHz repetition rate from a mode-locked fiber laser are amplified to high power in a pre-chirp managed amplifier. The experimental strategy offers a potential towards high-power ultrashort laser pulses at high repetition rates. By investigating the laser pulse evolution in the amplification processes, we show that self-similar evolution, finite gain bandwidth and mode instabilities determine pulse characteristics in different regimes. Further average power scaling is limited by the mode instabilities. Nevertheless, this laser system enables us to achieve sub-50 fs pulses with an average power of 93 W. (letter)

Application of neural networks to validation of feedwater flow rate in a nuclear power plant

International Nuclear Information System (INIS)

Khadem, M.; Ipakchi, A.; Alexandro, F.J.; Colley, R.W.

1993-01-01

Feedwater flow rate measurement in nuclear power plants requires periodic calibration. This is due to the fact that the venturi surface condition of the feedwater flow rate sensor changes because of a chemical reaction between the surface coating material and the feedwater. Fouling of the venturi surface, due to this chemical reaction and the deposits of foreign materials, has been observed shortly after a clean venturi is put in operation. A fouled venturi causes an incorrect measurement of feedwater flow rate, which in turn results in an inaccurate calculation of the generated power. This paper presents two methods for verifying incipient and continuing fouling of the venturi of the feedwater flow rate sensors. Both methods are based on the use of a set of dissimilar process variables dynamically related to the feedwater flow rate variable. The first method uses a neural network to generate estimates of the feedwater flow rate readings. Agreement, within a given tolerance, of the feedwater flow rate instrument reading, and the corresponding neural network output establishes that the feedwater flow rate instrument is operating properly. The second method is similar to the first method except that the neural network predicts the core power which is calculated from measurements on the primary loop, rather than the feedwater flow rates. This core power is referred to the primary core power in this paper. A comparison of the power calculated from the feedwater flow measurements in the secondary loop, with the calculated and neural network predicted primary core power provides information from which it can be determined whether fouling is beginning to occur. The two methods were tested using data from the feedwater flow meters in the two feedwater flow loops of the TMI-1 nuclear power plant

78 FR 61942 - Combined Notice of Filings #1

Science.gov (United States)

2013-10-07

...-Certification Of Exempt Wholesale Generator Status Of Mountain Wind Power, LLC. Filed Date: 9/26/13. Accession...: Mountain Wind Power, LLC. Description: Notice Of Self-Certification Of Exempt Wholesale Generator Status Of... Winds, LLC, FPL Energy Cabazon Wind, LLC, FPL Energy Green Power Wind, LLC, FPL Energy Montezuma Wind...

High power pulsed magnetron sputtering: A method to increase deposition rate

International Nuclear Information System (INIS)

Raman, Priya; McLain, Jake; Ruzic, David N; Shchelkanov, Ivan A.

2015-01-01

High power pulsed magnetron sputtering (HPPMS) is a state-of-the-art physical vapor deposition technique with several industrial applications. One of the main disadvantages of this process is its low deposition rate. In this work, the authors report a new magnetic field configuration, which produces deposition rates twice that of conventional magnetron's dipole magnetic field configuration. Three different magnet pack configurations are discussed in this paper, and an optimized magnet pack configuration for HPPMS that leads to a higher deposition rate and nearly full-face target erosion is presented. The discussed magnetic field produced by a specially designed magnet assembly is of the same size as the conventional magnet assembly and requires no external fields. Comparison of deposition rates with different power supplies and the electron trapping efficiency in complex magnetic field arrangements are discussed

Initiating Event Rates at U.S. Nuclear Power Plants. 1988 - 2013

International Nuclear Information System (INIS)

Schroeder, John A.; Bower, Gordon R.

2014-01-01

Analyzing initiating event rates is important because it indicates performance among plants and also provides inputs to several U.S. Nuclear Regulatory Commission (NRC) risk-informed regulatory activities. This report presents an analysis of initiating event frequencies at U.S. commercial nuclear power plants since each plant's low-power license date. The evaluation is based on the operating experience from fiscal year 1988 through 2013 as reported in licensee event reports. Engineers with nuclear power plant experience staff reviewed each event report since the last update to this report for the presence of valid scrams or reactor trips at power. To be included in the study, an event had to meet all of the following criteria: includes an unplanned reactor trip (not a scheduled reactor trip on the daily operations schedule), sequence of events starts when reactor is critical and at or above the point of adding heat, occurs at a U.S. commercial nuclear power plant (excluding Fort St. Vrain and LaCrosse), and is reported by a licensee event report. This report displays occurrence rates (baseline frequencies) for the categories of initiating events that contribute to the NRC's Industry Trends Program. Sixteen initiating event groupings are trended and displayed. Initiators are plotted separately for initiating events with different occurrence rates for boiling water reactors and pressurized water reactors. p-values are given for the possible presence of a trend over the most recent 10 years.

Electric power monthly. June 1966 with data for March 1996

Energy Technology Data Exchange (ETDEWEB)

NONE

1996-06-01

This publication presents monthly electricity statistics for a wide audience including Congress, Federal and state agencies, the electric utility industry, and the general public, with the purpose of providing energy decisionmakers with accurate, timely information that may be used in forming various perspectives on electric issues that lie ahead. EIA collected the information in this report to fulfill its data collection and dissemination responsibilities (Public Law 93-275). A section on upgrading transmission capacity for wholesale electric power trade is included. The tables include US electric power at a glance, utility net generation, utility consumption of fossil fuels, fossil-fuel stocks/receipts/cost at utilities, utility sales/revenue/revenue per kWh, and monthly plant aggregates.

77 FR 61895 - Electricity Market Transparency Provisions of Section 220 of the Federal Power Act

Science.gov (United States)

2012-10-11

... Determination 105 b. Resale of Financial Transmission Rights in 109 Secondary Markets i. NOPR 109 ii. Comments... by non-public utilities, with non-public utilities accounting for 60 and 70 percent of wholesale... that the Commission's market-based rate program is based on a theory of regulation through competition...

The energy in Colombia: A wholesale market; La energia en Colombia: Un mercado mayorista

Energy Technology Data Exchange (ETDEWEB)

NONE

1996-11-01

One year ago, the national government's energy politics, gave beginning to a novel strategy for the restructuring of the sector: The setting in march of the wholesale energy market -WEM - and the opening of the energy bag under the administration of interconnection electric S.A. E. P. S., ISA. After a year of works, the positive balance of the market and their permanent growth, are the best letter in presentation of this sector of the national economy. The wholesale energy market is conformed by generating companies. The generating ones are the companies with capacity of superior generation to the 20 MW that they are connected to the national interconnected system; it doesn't care if the origin of this energy is hydraulic, gas, coal or liquid fuel. The generators participate in the WEM with energy offers for price and with their long-term contracts. In the bag they can also offer or to buy energy the generators with capacity between 1 and 20 MW, registered in the National Center of Office CO of ISA, as WEM participants. These can be associated to a generator, to a distributor, to be conformed by one or several groups of big consumers or for organized companies for this purpose, as Mamonal in Cartagena. These users with more demand to 2 MW assisted in oneself place, receive the name of Not Regulated Clients -NRC - and they can hire their energy in free form. The commission of energy regulation and gas ERG modified the tops for these clients starting from January of 1997, the not regulated clients will be this way those that have a same demand or superior to 1 MW; and in January of 1998, bigger than 0.5 MW.

Aspectos sobre a decisão de canais no pequeno varejo: a escolha entre o atacado e o atacarejo ASPECTS OF CHANNELS DECISION IN SMALL RETAIL: THE CHOISE BETWEEN THE TRADITIONAL WHOLESALE AND THE WHOLESALE AND RETAIL OUTLET

Directory of Open Access Journals (Sweden)

Antonio Carlos Giuliani

2011-04-01

Full Text Available This article talks about purchase decision from small and medium retailers from Piracicaba Region, São Paulo State. The bibliographic and field research showed the main influence factors and decision criteria of small retailers for purchase, related to the choice between the traditional wholesale and the wholesale and retail outlet, which is a type of store that allows the wholesaler sales to sell to small or medium-sized retailers and for end consumers who are looking for the best price. The topics treated are the distribution channels, types of agents, the role of each one and the retailers' decision of purchasing. The exploratory research was applied to small and medium-sized retailers from Piracicaba Region, Sao Paulo State Countryside. From the eight case studies it was possible to identify the aspects considered relevant for retailers in the purchase decision and partner choice. Retailers were expressed by five attributes considered the most relevant, they are: convenience, variety, price, reliability and quantity.Este artigo aborda a temática da decisão de compra dos varejistas de pequeno e de médio porte da região de Piracicaba, SP. O levantamento bibliográfico, bem como a pesquisa de campo, apontaram os principais fatores de influência e os critérios de decisão de compra de pequenos varejistas quanto à escolha entre o atacado tradicional e o atacarejo, que é um tipo de loja que permite ao atacadista vender aos varejistas de pequeno ou de médio porte e aos consumidores finais que estão à procura do melhor preço. Os tópicos abordados são os canais de distribuição, os tipos de agentes, a função que cada um exerce e a decisão de compra dos varejistas. A pesquisa exploratória foi aplicada a varejistas de pequeno e de médio porte da região de Piracicaba, interior do estado de São Paulo. A partir de oito estudos de caso, foram identificados os aspectos considerados relevantes para os varejistas na decisão de compra e

Regional economic impacts of changes in electricity rates resulting from Western Area Power Administration`s power marketing alternatives

Energy Technology Data Exchange (ETDEWEB)

Allison, T.; Griffes, P.; Edwards, B.K.

1995-03-01

This technical memorandum describes an analysis of regional economic impacts resulting from changes in retail electricity rates due to six power marketing programs proposed by Western Area Power Administration (Western). Regional economic impacts of changes in rates are estimated in terms of five key regional economic variables: population, gross regional product, disposable income, employment, and household income. The REMI (Regional Impact Models, Inc.) and IMPLAN (Impact Analysis for Planning) models simulate economic impacts in nine subregions in the area in which Western power is sold for the years 1993, 2000, and 2008. Estimates show that impacts on aggregate economic activity in any of the subregions or years would be minimal for three reasons. First, the utilities that buy power from Western sell only a relatively small proportion of the total electricity sold in any of the subregions. Second, reliance of Western customers on Western power is fairly low in each subregion. Finally, electricity is not a significant input cost for any industry or for households in any subregion.

Estimating Power Outage Cost based on a Survey for Industrial Customers

Science.gov (United States)

Yoshida, Yoshikuni; Matsuhashi, Ryuji

A survey was conducted on power outage cost for industrial customers. 5139 factories, which are designated energy management factories in Japan, answered their power consumption and the loss of production value due to the power outage in an hour in summer weekday. The median of unit cost of power outage of whole sectors is estimated as 672 yen/kWh. The sector of services for amusement and hobbies and the sector of manufacture of information and communication electronics equipment relatively have higher unit cost of power outage. Direct damage cost from power outage in whole sectors reaches 77 billion yen. Then utilizing input-output analysis, we estimated indirect damage cost that is caused by the repercussion of production halt. Indirect damage cost in whole sectors reaches 91 billion yen. The sector of wholesale and retail trade has the largest direct damage cost. The sector of manufacture of transportation equipment has the largest indirect damage cost.

Forecasted electric power demands for the Delmarva Power and Light Company. Volume 1 and Volume 2. Documentation manual

International Nuclear Information System (INIS)

Estomin, S.L.; Beach, J.E.

1990-10-01

The two-volume report presents the results of an econometric forecast of peak load and electric power demands for the Delmarva Power and Light Company (DP ampersand L) through the year 2008. Separate sets of models were estimated for the three jurisdictions served by DP ampersand L: Delaware, Maryland and Virginia. For both Delaware and Maryland, econometric equations were estimated for residential, commercial, industrial, and streetlighting sales. For Virginia, equations were estimated for residential, commercial plus industrial, and streetlighting sales; separate industrial and commercial equations were not estimated for Virginia due to the relatively small size of DP ampersand L's Virginia Industrial load. Wholesale sales were econometrically estimated for the DP ampersand L system as a whole. In addition to the energy sales models, an econometric model of annual (summer) peak demand was estimated for the Company

An agent-based approach with collaboration among agents. Estimation of wholesale electricity price on PJM and artificial data generated by a mean reverting model

International Nuclear Information System (INIS)

Sueyoshi, Toshiyuki

2010-01-01

This study examines the performance of MAIS (Multi-Agent Intelligent Simulator) equipped with various learning capabilities. In addition to the learning capabilities, the proposed MAIS incorporates collaboration among agents. The proposed MAIS is applied to estimate a dynamic change of wholesale electricity price in PJM (Pennsylvania-New Jersey-Mainland) and an artificial data set generated by a mean reverting model. Using such different types of data sets, the methodological validity of MAIS is confirmed by comparing it with other well-known alternatives in computer science. This study finds that the MAIS needs to incorporate both the mean reverting model and the collaboration behavior among agents in order to enhance its estimation capability. The MAIS discussed in this study will provide research on energy economics with a new numerical capability that can investigate a dynamic change of not only wholesale electricity price but also speculation and learning process of traders. (author)

Rate-Optimized Power Allocation for DF-Relayed OFDM Transmission under Sum and Individual Power Constraints

Directory of Open Access Journals (Sweden)

Vandendorpe Luc

2009-01-01

Full Text Available We consider an OFDM (orthogonal frequency division multiplexing point-to-point transmission scheme which is enhanced by means of a relay. Symbols sent by the source during a first time slot may be (but are not necessarily retransmitted by the relay during a second time slot. The relay is assumed to be of the DF (decode-and-forward type. For each relayed carrier, the destination implements maximum ratio combining. Two protocols are considered. Assuming perfect CSI (channel state information, the paper investigates the power allocation problem so as to maximize the rate offered by the scheme for two types of power constraints. Both cases of sum power constraint and individual power constraints at the source and at the relay are addressed. The theoretical analysis is illustrated through numerical results for the two protocols and both types of constraints.

[Voluntary alpha-power increasing training impact on the heart rate variability].

Science.gov (United States)

Bazanova, O M; Balioz, N V; Muravleva, K B; Skoraia, M V

2013-01-01

In order to study the effect of the alpha EEG power increasing training at heart rate variability (HRV) as the index of the autonomic regulation of cognitive functions there were follow tasks: (1) to figure out the impact of biofeedback in the voluntary increasing the power in the individual high-frequency alpha-band effect on heart rate variability and related characteristics of cognitive and emotional spheres, (2) to determine the nature of the relationship between alpha activity indices and heart rate variability, depending on the alpha-frequency EEG pattern at rest (3) to examine how the individual alpha frequency EEG pattern is reflected in changes HRV as a result of biofeedback training. Psychometric indicators of cognitive performance, the characteristics of the alpha-EEG activity and heart rate variability (HRV) as LF/HF and pNN50 were recorded in 27 healthy men aged 18-34 years, before, during, and after 10 sessions of training of voluntary increase in alpha power in the individual high-frequency alpha band with eyes closed. To determine the biofeedback effect on the alpha power increasing training, data subjects are compared in 2 groups: experimental (14) with the real and the control group (13 people)--with mock biofeedback. The follow up effect of trainings was studied through month over the 10 training sessions. Results showed that alpha biofeedback training enhanced the fluency and accuracy in cognitive performance, decreased anxiety and frontal EMG, increased resting frequency, width and power in individual upper alpha range only in participants with low baseline alpha frequency. While mock biofeedback increased resting alpha power only in participants with high baseline resting alpha frequency and did change neither cognitive performance, nor HRV indices. Biofeedback training eliminated the alpha power decrease in response to arithmetic task in both with high and low alpha frequency participants and this effect was followed up over the month. Mock

Loss and thermal model for power semiconductors including device rating information

DEFF Research Database (Denmark)

Ma, Ke; Bahman, Amir Sajjad; Beczkowski, Szymon

2014-01-01

The electrical loading and device rating are both important factors that determine the loss and thermal behaviors of power semiconductor devices. In the existing loss and thermal models, only the electrical loadings are focused and treated as design variables, while the device rating is normally...

Survey of consolidation for gas turbine re-powering combined WPP (waste power plant) project; Gas turbine repowering haikibutsu fukugo hatsuden system

Energy Technology Data Exchange (ETDEWEB)

NONE

1997-03-01

This report describes the survey of gas turbine re-powering combined WPP (or super WPP), which was commercialized by Gunma Prefecture for the first time as an electric power wholesaler in Japan. An outline of the survey is introduced. The system optimization for the commercialization of WPP was studied by considering waste as un-utilized energy. A successful condition and preparation method of the commercialization of a public power plant was also studied, which is a combination of the garbage collection business of a local government and an electric power generation business of a municipal company. For the introduction of the aforementioned system, the problems and supporting methods were studied by making allowance for the profitability of the WPP introduction, because they also need to deliberate it from the economical point of view as electric power companies. Based on the results of foregoing items, commercialization plans, problems encountered from the construction phase through the maintenance and service phase, and the supporting method were arranged. 30 figs., 18 tabs.

Power system and market integration of renewable electricity

Directory of Open Access Journals (Sweden)

Erdmann Georg

2017-01-01

Full Text Available This paper addresses problems of power generation markets that arise under high shares of intermittent generation. After discussing the economic fundamentals of wind and photovoltaic investments, the paper introduces the concept of the “Merit order effect of renewables”. According to this concept electricity prices on wholesale power markets become smaller in periods during which large volumes of wind and photovoltaic generation is available and squeeze out relative expensive gas-fired power generation. The merit order effect of renewables has a couple of consequences. Among others it challenges the profitability of conventional power generation. If such generation capacities are still necessary, at least during a transitory period, a capacity mechanism may be put in place that generates an additional stream of income to the operators of conventional power generators. Another consequence of growing intermittent power generation is the need for concepts and technologies that deal with excess generation. Among these concepts are virtual and physical power storage capacities. In the last parts of the paper models are presented that are able to analyze these concepts from an economic point of view.

Independent review of the SaskPower rate proposal of August 2004 : final report

International Nuclear Information System (INIS)

Ewing, J.D.; Buhr, L.A.

2004-01-01

This paper presents an independent review of SaskPower's request for an increase in rates effective September 1, 2004 and September 1, 2005. With the exception of manufacturing customers, whose rate increase will be phased in over four years, these rate changes will result in a 9 per cent system average increase in 2004 and a 1.8 per cent system average increase in 2005. The report presents an introduction and description of the terms of reference for this review; a financial outlook and comparisons; system operational analysis; an analysis of expenditures; revenue requirement; cost of service issues; and rate design. The report also presents a summary and recommendations on cost of service and rate design issues. The report concluded that the scope of this review does not lend itself to a definitive conclusion on the appropriateness of the cost of service model and its application by SaskPower. Several areas needing further attention include: net fuel and purchased power allocations to different classes; allocation of rate base and in particular distribution rate base to various classes; target ratios for revenue to revenue requirements and the subsequent return on rate base percentages for each class; and demand/energy/customer components of revenue requirements compared to billing revenues. refs., 31 tabs., 1 fig., 6 appendices

Real-time versus day-ahead market power in a hydro-based electricity market

OpenAIRE

Tangerås, Thomas P.; Mauritzen, Johannes

2014-01-01

We analyse in a theoretical framework the link between real-time and day-ahead market performance in a hydro-based and imperfectly competitive wholesale electricity market. Theoretical predictions of the model are tested on data from the Nordic power exchange, Nord Pool Spot (NPS).We reject the hypothesis that prices at NPS were at their competitive levels throughout the period under examination. The empirical approach uses equilibrium prices and quantities and does not rely on bid data nor o...

77 FR 9224 - Combined Notice of Filings #2

Science.gov (United States)

2012-02-16

... following exempt wholesale generator filings: Docket Numbers: EG12-31-000. Applicants: Quantum Choctaw Power, LLC. Description: Quantum Choctaw Power Notice of Self-certification of Exempt Wholesale Generator... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Combined Notice of Filings 2 Take notice...

18 CFR 284.505 - Market-based rates for storage providers without a market-power determination.

Science.gov (United States)

2010-04-01

... 18 Conservation of Power and Water Resources 1 2010-04-01 2010-04-01 false Market-based rates for storage providers without a market-power determination. 284.505 Section 284.505 Conservation of Power and... UNDER THE NATURAL GAS POLICY ACT OF 1978 AND RELATED AUTHORITIES Applications for Market-Based Rates for...

Modeling and Model Predictive Power and Rate Control of Wireless Communication Networks

Directory of Open Access Journals (Sweden)

Cunwu Han

2014-01-01

Full Text Available A novel power and rate control system model for wireless communication networks is presented, which includes uncertainties, input constraints, and time-varying delays in both state and control input. A robust delay-dependent model predictive power and rate control method is proposed, and the state feedback control law is obtained by solving an optimization problem that is derived by using linear matrix inequality (LMI techniques. Simulation results are given to illustrate the effectiveness of the proposed method.

From the world and asian energy demand and environmental requirement to foresee the prospect of Guangdong nuclear power development

International Nuclear Information System (INIS)

Qiu Wenfeng

1999-01-01

The world economy development depends on the development of energy resource. The general energy resource which is mainly fossil fuel will bring damage to the global environment. To stop the global environment becoming worse, cleaner energy will be used in the twenty-first century. The situation which the Guangdong economic growth rate is higher than that of inland average will not change in short period. Economic development requires the suitable electric power supply. The foreground of Guangdong electric power development will be hopeful. To develop electric power is to develop coal, oil, gas, nuclear, hydroelectric and the other renewable power. As to Guangdong, because the environmental pollution is quite serious, it is impossible to develop much more coal-fired power plants. Our country is oil net importer, oil-fired power plants are also restricted. It is acceptable to import natural gas in appropriate degree to generate electricity in the near future to improve environment. To develop hydraulic power is more and more difficult in Guangdong. The hydraulic power from the southwest of China is only as the complement of the Guangdong energy resource, and it is impossible to primarily solve the energy shortage problem. Sunlight, wind, ocean power and terrestrial heat etc. are clean renewable energy, but they can't be used as the wholesale stable industry power. So to develop nuclear power is the certain selection to solve the energy shortage problem and reduce the environmental pollution in Guangdong. (author)

Optimal unit commitment of the power system in Bulgaria during the transitional period to power wholesale market (cont..)

International Nuclear Information System (INIS)

Stoilov, D.

2001-01-01

The first part of the parer considers the general problem of optimal yearly unit commitment in the new economical conditions in Bulgaria. The second part deals with non-convex problem , taking into account some costs for starting and stopping of power systems. The transition from yearly commitment to weekly or daily dispatching is commented

Discrete rate and variable power adaptation for underlay cognitive networks

KAUST Repository

Abdallah, Mohamed M.; Salem, Ahmed H.; Alouini, Mohamed-Slim; Qaraqe, Khalid A.

2010-01-01

We consider the problem of maximizing the average spectral efficiency of a secondary link in underlay cognitive networks. In particular, we consider the network setting whereby the secondary transmitter employs discrete rate and variable power

Is the price squeeze doctrine still viable in fully-regulated energy markets?

International Nuclear Information System (INIS)

Spiwak, L.J.

1993-01-01

Simply stated, a price squeeze occurs when a firm with monopoly power on the primary, or wholesale, level engages in a prolonged price increase that drives competitors out of the secondary, or retail level, and thereby extends its monopoly power to the secondary market. A price squeeze will not be found, however, for any short-term exercise in market power. Rather, because anticompetitive effects of a price squeeze are indirect, the price squeeze must last long enough and be severe enough to produce effects on actual or potential competition in the secondary market. In regulated electric industries, a price squeeze claim usually arises from the complex relationship between the supplier, the wholesale customer, the retail customer, and the federal and state regulators. The supplier sells electric power to both wholesale and retail customers. Wholesale transactions are regulated by federal regulators, and retail transactions are regulated at the state level. The wholesale customers in turn sell power to their retail customers. Over the last several years, there have been substantial developments in the application of the price squeeze doctrine to fully-regulated electric utilities. This article will examine the current developments in this area, and attempt to highlight the burdens potential litigants, both plaintiffs and defendants, must overcome to succeed

Complete Loss and Thermal Model of Power Semiconductors Including Device Rating Information

DEFF Research Database (Denmark)

Ma, Ke; Bahman, Amir Sajjad; Beczkowski, Szymon

2015-01-01

Thermal loading of power devices are closely related to the reliability performance of the whole converter system. The electrical loading and device rating are both important factors that determine the loss and thermal behaviors of power semiconductor devices. In the existing loss and thermal...

Southwestern Power Administration Annual Report 2012

Energy Technology Data Exchange (ETDEWEB)

None

2013-09-01

Dear Secretary Moniz: I am pleased to present the financial statements and operating data for Southwestern Power Administration (Southwestern) for Fiscal Year (FY) 2012. In FY 2012, Southwestern delivered over 4.1 billion kilowatt-hours of energy to its wholesale customers in Arkansas, Kansas, Louisiana, Missouri, Oklahoma, and Texas, generating $195 million in revenue. In fulfilling its mission to market and reliably deliver renewable Federal hydroelectric power, Southwestern maintains 1,380 miles of high-voltage transmission lines, substations, and communications sites, contributing to the reliability of the regional and National electric grid. Southwestern also actively partners with the Department of Energy, the U.S. Army Corps of Engineers, Southwestern’s customers, and other Federal power stakeholders to most effectively balance their diverse interests with Southwestern’s mission while continuing to maximize Federal assets to repay the Federal investment in the 24 hydropower facilities within Southwestern’s marketing region. Southwestern is proud of its past successes, and we look forward to continuing to serve the Nation’s energy needs in the future. Sincerely, Christopher M. Turner Administrator

Southwestern Power Administration Annual Report 2010

Energy Technology Data Exchange (ETDEWEB)

None

2012-09-01

Dear Secretary Chu: I am pleased to present the financial statements and operating data for Southwestern Power Administration (Southwestern) for Fiscal Year (FY) 2010. In FY 2010, Southwestern delivered nearly 7.6 billion kilowatt-hours of energy to its wholesale customers in Arkansas, Kansas, Louisiana, Missouri, Texas, and Oklahoma, generating $189 million in revenue. In fulfilling its mission to market and reliably deliver renewable Federal hydroelectric power, Southwestern maintains 1,380 miles of high-voltage transmission lines, substations, and communications sites, contributing to the reliability of the regional and National electric grid. Southwestern also actively partners with the Department of Energy, the U.S. Army Corps of Engineers, Southwestern’s customers, and other Federal power stakeholders to most effectively balance their diverse interests with Southwestern’s mission while continuing to maximize Federal assets to repay the Federal investment in the 24 hydropower facilities within Southwestern’s marketing region. Southwestern is proud of its past successes, and we look forward to continuing to serve the Nation’s energy needs in the future. Sincerely, Christopher M. Turner Administrator

Southwestern Power Administration Annual Report 2011

Energy Technology Data Exchange (ETDEWEB)

None

2013-04-01

Dear Secretary Chu: I am pleased to present the financial statements and operating data for Southwestern Power Administration (Southwestern) for Fiscal Year (FY) 2011. In FY 2011, Southwestern delivered over 4.1 billion kilowatt-hours of energy to its wholesale customers in Arkansas, Kansas, Louisiana, Missouri, Oklahoma, and Texas, generating $167 million in revenue. In fulfilling its mission to market and reliably deliver renewable Federal hydroelectric power, Southwestern maintains 1,380 miles of high-voltage transmission lines, substations, and communications sites, contributing to the reliability of the regional and National electric grid. Southwestern also actively partners with the Department of Energy, the U.S. Army Corps of Engineers, Southwestern’s customers, and other Federal power stakeholders to most effectively balance their diverse interests with Southwestern’s mission while continuing to maximize Federal assets to repay the Federal investment in the 24 hydropower facilities within Southwestern’s marketing region. Southwestern is proud of its past successes, and we look forward to continuing to serve the Nation’s energy needs in the future. Sincerely, Christopher M. Turner Administrator

Power and transmission rate orders and related documents. Office of Power Marketing Coordination, data compiled January 1, 1980-December 31, 1981

Energy Technology Data Exchange (ETDEWEB)

None

1982-08-01

This publication contains the power and transmission rate orders and related documents issued by the Department of Energy. It covers calendar years 1980 and 1981. The first publication, DOE/CE-007 covering the period from March through December 1979, was published July 1981. This publication is a compilation of all rate orders issued by the Assistant Secretary for Resource Applications and the Assistant Secretary for Conservation and Renewable Energy during calendar years 1980 and 1981 under Delegation Order No. 0204-33. It also includes all final approvals, remands, and disapprovals by the FERC, and a petition to the FERC for reconsideration by a Power Marketing Administration during 1980 and 1981. Also included are two delegation orders along with an amendment and a supplement to one delegation order, a departmental order on financial reporting, and Power and Transmission Rate Adjustment Procedures relating to federal power marketing.

Resolution 519/012. It is allowed to R DEL SUR S.A company to generate a wind electricity source by a generating power plant placed in Maldonado province 2nd and 4th Catastral section, as well as the connection to the Interconnected National System

International Nuclear Information System (INIS)

2012-01-01

The Resolution 519 is according to the Electric Wholesale Market regulation and it authorizes the power generation using the wind as the primary source. The company who presented this project was R DEL SUR S.A with the aim to instal a wind power plant in Maldonado province.

The influence of spatial effects on wind power revenues under direct marketing rules

Energy Technology Data Exchange (ETDEWEB)

Grothe, Oliver [Koeln Univ. (Germany). Dept. of Economic and Social Statistics; Muesgens, Felix [Brandenburgische Technische Univ. Cottbus (Germany). Lehrstuhl fuer Energiewirtschaft

2012-03-15

In many countries worldwide, investment in renewable technologies has been accelerated by the introduction of fixed feed-in tariffs for electricity from renewable energy sources (RES). While fixed tariffs accomplish this purpose, they lack incentives to align the RES production with price signals. Today, due to a growing proportion of renewable electricity, the intermittency of most RES increases the volatility of electricity prices and might even prevent market clearing. Therefore, support schemes for RES have to be modified. Recently, Germany launched a market premium model which gives wind power operators the monthly choice to either receive a fixed feed-in tariff or to risk a - subsided - access to the wholesale electricity market. This paper quantifies the revenues of wind turbines under this new model and, in particular, analyzes whether, when and where producers may profit. We find that the position of the wind turbine within the country significantly influences revenues. The results are of interest and importance for wind farm operators deciding whether electricity should be sold in the fixed tariff or in the wholesale market.

Hotel rate parity in the focus: Is there a need for change in the ...

African Journals Online (AJOL)

wholesalers are not the original consideration of the hotel who sold them with high .... on channel conflict and that hotels should try to build good relationships with .... indicators (KPI) in a secondary analysis of the wholesale segment, gathered ...

78 FR 26771 - Mesa Wind Power Corporation; Supplemental Notice That Initial Market-Based Rate Filing Includes...

Science.gov (United States)

2013-05-08

... Wind Power Corporation's application for market-based rate authority, with an accompanying rate... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. ER13-1346-000] Mesa Wind Power Corporation; Supplemental Notice That Initial Market-Based Rate Filing Includes Request for...

Achievable rate of spectrum sharing cognitive radio systems over fading channels at low-power regime

KAUST Repository

Sboui, Lokman; Rezki, Zouheir; Alouini, Mohamed-Slim

2014-01-01

the previously achieved rate at the low-power regime. Interestingly, we show that the low-power regime analysis provides a specific insight into the maximum achievable rate behavior of CR that has not been reported by previous studies.

Wholesale energy market in a smart grid. Dynamic modeling, stability, and robustness

Energy Technology Data Exchange (ETDEWEB)

Kiani Bejestani, Arman

2013-01-24

The recent paradigm shift in the architecture of the smart grid is driven by the need to integrate Renewable Energy Resources (RER), the availability of information through communication networks, and an emerging policy of demand that is intertwined with pricing. A major component of this architecture is the design of electricity markets, which pertains to the optimal scheduling of power generation and reserve requirements. The challenge is to carry out this scheduling with a high level of integration of renewable generation sources, a formidable task due to intermittency and uncertainty. Introducing huge intermittency and uncertainty in the smart grid will demand a dynamic framework for addressing the operation, scheduling and financial settlements in the uncertain environment. The temporal components in scheduling generation are necessary due to increasing penetration of renewable sources, and increasing potential of adjustable demand via Demand Response (DR). The former brings issues of strong intermittency and uncertainty, and the latter brings a feedback structure, where demand can be modulated over a range of time-scales. Both of these components are dictating a new look at market mechanisms, with a controls viewpoint enabling a novel framework for analysis and synthesis. This dissertation provides static and dynamic models that capture the various aspects of electrical power systems, including the dynamics of market participants, the physical and technical constraints of power systems, and the uncertainty of RER. The proposed models shed new light on wholesale electricity market design, allowing an understanding to be gained of how to create markets, which enhance the stability of price profiles, and efficiency of the power systems, in the presence of uncertain demand and intermittent resources. The notion of market equilibrium in the presence of RER and DR is presented. The effects of uncertainties due to forecast errors in RER and variations due to DR on

Power Minimization of a Wireless Sensor Node under Different Rate Constraints

KAUST Repository

Solares, Jose

2016-03-31

Future wireless networks are expected to handle a huge number of devices, including sensors, within a low energy consumption. In this scope, we present, in this paper, performance of wireless sensor networks (WSN). Specifically, we aim at finding the optimal transmit power of a node communicating with multiple receivers in a cognitive radio (CR) spectrum sharing framework, i.e., existence of an active primary user. We first present the optimal power with single secondary receiver, under instantaneous or average transmission rate constraints. Then, we propose a suboptimal solution for an easier, yet efficient, implementation and perform insightful asymptotical analysis for both schemes with Rayleigh fading. Afterwards, we extend our results to a multiple secondary receives CR scenario and present the corresponding optimal and suboptimal transmit power while satisfying independent peak/average and sum of peak/average transmission rate constraints. The corresponding numerical results are provided for Rayleigh and Nakagami-m fading channels. We characterize some transmission outage events depending on system parameters.

Power Minimization of a Wireless Sensor Node under Different Rate Constraints

KAUST Repository

Solares, Jose; Sboui, Lokman; Rezki, Zouheir; Alouini, Mohamed-Slim

2016-01-01

Future wireless networks are expected to handle a huge number of devices, including sensors, within a low energy consumption. In this scope, we present, in this paper, performance of wireless sensor networks (WSN). Specifically, we aim at finding the optimal transmit power of a node communicating with multiple receivers in a cognitive radio (CR) spectrum sharing framework, i.e., existence of an active primary user. We first present the optimal power with single secondary receiver, under instantaneous or average transmission rate constraints. Then, we propose a suboptimal solution for an easier, yet efficient, implementation and perform insightful asymptotical analysis for both schemes with Rayleigh fading. Afterwards, we extend our results to a multiple secondary receives CR scenario and present the corresponding optimal and suboptimal transmit power while satisfying independent peak/average and sum of peak/average transmission rate constraints. The corresponding numerical results are provided for Rayleigh and Nakagami-m fading channels. We characterize some transmission outage events depending on system parameters.

On-line validation of feedwater flow rate in nuclear power plants using neural networks

International Nuclear Information System (INIS)

Khadem, M.; Ipakchi, A.; Alexandro, F.J.; Colley, R.W.

1994-01-01

On-line calibration of feedwater flow rate measurement in nuclear power plants provides a continuous realistic value of feedwater flow rate. It also reduces the manpower required for periodic calibration needed due to the fouling and defouling of the venturi meter surface condition. This paper presents a method for on-line validation of feedwater flow rate in nuclear power plants. The method is an improvement of the previously developed method which is based on the use of a set of process variables dynamically related to the feedwater flow rate. The online measurements of this set of variables are used as inputs to a neural network to obtain an estimate of the feedwater flow rate reading. The difference between the on-line feedwater flow rate reading, and the neural network estimate establishes whether there is a need to apply a correction factor to the feedwater flow rate measurement for calculation of the actual reactor power. The method was applied to the feedwater flow meters in the two feedwater flow loops of the TMI-1 nuclear power plant. The venturi meters used for flow measurements are susceptible to frequent fouling that degrades their measurement accuracy. The fouling effects can cause an inaccuracy of up to 3% relative error in feedwater flow rate reading. A neural network, whose inputs were the readings of a set of reference instruments, was designed to predict both feedwater flow rates simultaneously. A multi-layer feedforward neural network employing the backpropagation algorithm was used. A number of neural network training tests were performed to obtain an optimum filtering technique of the input/output data of the neural networks. The result of the selection of the filtering technique was confirmed by numerous Fast Fourier Transform (FFT) tests. Training and testing were done on data from TMI-1 nuclear power plant. The results show that the neural network can predict the correct flow rates with an absolute relative error of less than 2%

After the crisis: which future for the competitive power market of Ontario?

International Nuclear Information System (INIS)

Fraser, P.

2003-01-01

This document presents the power distribution system of Ontario (Canada) and the crisis that followed the opening of the electricity market on May 1, 2002 in Ontario. The author explains the process of reforms of the power market, the re-structuration of Ontario Hydro company and the occurrence of new energy companies (73 new retailers), the launching of a wholesale market, the reasons of the crisis (25% average rise of electricity prices) and the lessons to be learned from. In front of this situation, a freezing of electricity prices to their level prior to May 2002 and a reimbursement of the difference paid by consumers since May 2002 have been decided by the government up to 2006. (J.S.)

77 FR 62510 - Niagara Wind Power, LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes...

Science.gov (United States)

2012-10-15

... Wind Power, LLC's application for market-based rate authority, with an accompanying rate schedule... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. ER13-17-000] Niagara Wind Power, LLC; Supplemental Notice That Initial Market- Based Rate Filing Includes Request for Blanket...

Transmission Characteristics of an OFDM signal for Power Line Communication System with High Bit Rate

Science.gov (United States)

Mori, Akira; Watanabe, Yosuke; Tokuda, Masamitsu; Kawamoto, Koji

In this paper, we measured what influence the sinusoidal transmission characteristics of the electric power line with various forms gave to the transmission characteristic of OFDM (Orthogonal Frequency Division Multiplexing) signal through PLC (power line communication system) modem. We classified the electric power line transmission line with various forms in a real environment into two basic elements, which are an outlet type branch and a switch type branch. Next, PHY rate (Physical rate) is measured for each basic element connected with the PLC modem. At this time, the transmission characteristics of the electric power line are simulated from measured data. OFDM sending and receiving systems are composed on the computer, and the PHY rate is simulated. By comparing with measured and calculated values, it is revealed that PHY rate of PLC modem is most affected in the case of the power line transmission characteristics having broad band and high level attenuation and group delay variation, and is not affected in the case of that having narrow band attenuation and group delay variation.

Impacts of High Variable Renewable Energy Futures on Wholesale Electricity Prices, and on Electric-Sector Decision Making

Energy Technology Data Exchange (ETDEWEB)

Seel, Joachim [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Mills, Andrew D. [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Wiser, Ryan H. [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Deb, Sidart [LCG Consulting, Los Altos, CA (United States); Asokkumar, Aarthi [LCG Consulting, Los Altos, CA (United States); Hassanzadeh, Mohammad [LCG Consulting, Los Altos, CA (United States); Aarabali, Amirsaman [LCG Consulting, Los Altos, CA (United States)

2018-05-11

Increasing penetrations of variable renewable energy (VRE) can affect wholesale electricity price patterns and make them meaningfully different from past, traditional price patterns. Many long-lasting decisions for supply- and demand-side electricity infrastructure and programs are based on historical observations or assume a business-as-usual future with low shares of VRE. Our motivating question is whether certain electric-sector decisions that are made based on assumptions reflecting low VRE levels will still achieve their intended objective in a high VRE future. We qualitatively describe how various decisions may change with higher shares of VRE and outline an analytical framework for quantitatively evaluating the impacts of VRE on long-lasting decisions. We then present results from detailed electricity market simulations with capacity expansion and unit commitment models for multiple regions of the U.S. for low and high VRE futures. We find a general decrease in average annual hourly wholesale energy prices with more VRE penetration, increased price volatility and frequency of very low-priced hours, and changing diurnal price patterns. Ancillary service prices rise substantially and peak net-load hours with high capacity value are shifted increasingly into the evening, particularly for high solar futures. While in this report we only highlight qualitatively the possible impact of these altered price patterns on other demand- and supply-side electric sector decisions, the core set of electricity market prices derived here provides a foundation for later planned quantitative evaluations of these decisions in low and high VRE futures.

C.N. Cofrentes power up-rate up to 110 %. A challenge for cycle 14 core design

International Nuclear Information System (INIS)

Gomez Bernal, M.I.; Lopez Carbonell, M.T.; Garcia Delgado, L.

2001-01-01

C.N.Cofrentes is a GE design BWR reactor with 624 bundles in the core, a rated power of 2894 MWt and it is currently operating Cycle 13 at 104.2 % power. Commercial operation started in 1984 with 12-month cycles at rated power. Both cycle length and thermal power have been increased since then. Power has been up-rated in two steps, first at 102 % in Cycle 4 and later in Cycle 11 at 104.2%. Cycle length has been extended from the original 12-month to the currently 18-month cycles. Next cycle, Cycle 14, will be an 18-month cycle operating at 110 % power. This goal is a challenge for the in-house nuclear design team. Start up for Cycle 14 is planned for the first quarter of 2002. (author)

Implementation of aggregation in the North American power industry

International Nuclear Information System (INIS)

Feldman, R.; Williams, G.

1998-01-01

One key to the impact of deregulation being transmitted to residential customers is the successful formation of aggregation groups and their expansion to include different classes of customers with convergent usage interests. This activity currently is being sponsored not only by for-profit brokerage entities, but also by associations of not-for-profit corporations such as hospitals and universities and by countries. The issues presented fall into several categories. (1) Technical rate taking--feasibility of making appropriate arrangements for alternative supply to consumers on a basis which appropriately reflects customer characteristics and also confers benefit on them all; (2) Legal--Compatibility of proposed arrangements with FERC wholesale regulation under Order No. 888 and emerging state regulation under the different restructuring regimes which their state utility commissions are implementing; (3) Marketing/Sociopolitical--Utilization of modern marketing techniques to effect the political consensus which is a precursor of alternative aggregation arrangements; (4) Financing--identification of capital costs; techniques for financing such costs, including monetization of the savings to be realized. The presentation will extrapolate the potential future significance of aggregation as a force in both restructuring and the development of merchant power projects. It will also assess the extent to which institutional, legal, technical or financial factors may modify the ultimate significance of aggression in the North American Power Industry

78 FR 56691 - Sapphire Power Marketing LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes...

Science.gov (United States)

2013-09-13

... Power Marketing LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes Request for... Sapphire Power Marketing LLC's application for market-based rate authority, with an accompanying rate... submission of protests and interventions in lieu of paper, using the FERC Online links at http://www.ferc.gov...

FABGEN, a transient power-generation and isotope birth rate calculator

International Nuclear Information System (INIS)

Roland, H.C.

1975-04-01

A description is given of the FABGEN program, a fast-running program for calculating fuel element power-generation rates and selected fission product birth rates in a known neutron flux as functions of time. A first forward difference calculation is used, and the time step is one day. Provisions are made for including various fuel element lengths, variation of thermal flux with time, and use of different fertile isotopes. Five different fission products may be specified for birth-rate calculations. A daily summary may be output, or totals by days may be accumulated for final output. (U.S.)

New models intensify the purchase of energy

International Nuclear Information System (INIS)

Vesimaeki, P.; Lampinen, J.

2001-01-01

Models, designed for planning and optimisation of the purchase of energy, combined with high-quality expertise have an impact on the costs of energy companies. Optimisation has a significant role in power plant investments and in planning the power distribution of wholesale electric power. After the liberation of the electricity markets, the planning of the electricity purchase and the optimisation have obtained totally new roles in estimating the cost effects of present and new customers. Electrowatt-Ekono has developed a windows-based COPSIM software for planning of electric power purchase. The software is in active use in Electrowatt-Ekono. The energy purchase is optimised on yearly basis or on a shorter period by one hour steps based on hourly variation of energy purchase, power plant characteristics, power consumption rates and the prices of the fuels, power and heat. COPSIM takes the effect of external temperature on the power generation of backpressure and gas turbine plants into account. The software optimises also the power distribution of wholesale power. By the software it is possible to model different types of power plants, purchase of power, power sales, different power plant shares, thermal power stations, purchase and sales of heat, heat storage and heat transfer between different heating networks

Towards inflation targeting in Egypt: the relationship between exchange rate and inflation

Directory of Open Access Journals (Sweden)

Aliaa Khodeir

2012-08-01

Full Text Available Since the Egyptian economy has recently moved towards inflation targeting, it became very important to know whether exchange rate movements have serious inflationary implications or not. To investigate this subject, the study aims to analyse the relevance of inflation with the exchange rate by using the Granger-causality test. Two indicators of inflation will be used, the consumer price index (CPI and wholesale price index (WPI. In general, the results show a strong relationship between the two variables in a way that may give support to the application of ‘flexible inflation targeting regime instead of strict inflation targeting regime’.

Modelling the economic impacts of 500 MW of wave power in Ireland

International Nuclear Information System (INIS)

Deane, J.P.; Dalton, G.; Ó Gallachóir, B.P.

2012-01-01

This paper investigates the impacts of including 500 MW of wave power into Ireland’s electricity generation portfolio in the year 2020. One year of detailed market simulations are undertaken to determine the impact on wholesale electricity prices, system operation costs and CO 2 emissions with and without this installed wave power under a number carbon prices assumptions. In both scenarios (with and without wave energy), Ireland’s installed renewable capacity is fixed such that 40% of Ireland’s electricity in 2020 is from renewable source. The likely revenue a wave energy device would earn in the market is also investigated and compared with what is required to achieve 500 MW installed capacity. It is shown that in general the inclusion of wave energy has a negligible effect on wholesale electricity prices, reduces total system cost in Ireland and can increase CO 2 emissions on the island of Ireland under certain carbon price assumptions. It is also shown the current REFIT for wave energy is adequate. - Highlights: ► We modelled the Irish Electricity Market in 2020 with and without 500 MW of wave energy. ► The inclusion of wave energy did not have a significant impact on system marginal prices. ► The inclusion of wave energy reduced total costs in the system relative to a wind only scenario. ► REFIT tariff remains an essential financial support for the nascent wave energy industry.

Plant life extensions for German nuclear power plants? Controversial discussion profit taking of nuclear power plant operators

International Nuclear Information System (INIS)

Matthes, Felix C.

2009-10-01

The discussion on the plant life extensions for German nuclear power plants beyond the residual quantity of electricity particularly focus on three aspects: Effects for the emission of carbon dioxide as a greenhouse gas; Development of the electricity price for which a reduction or attenuation is postulated due to a plant life extension; Skimming of additional profits at operating companies and their use in the safeguarding of the future (development of renewable energies, support of energy efficiency, promotion of the research, consolidation of the public budget, and so on). Under this aspect, the author of the contribution under consideration reports on the profit taking of nuclear power plant operators. The presented analysis considers three aspects: (a) Specification of the quantity structures for the investigated model of plant life extension; (b) The decisive parameter is the revenue situation and thus the price development for electricity at wholesale markets; (c) Determination and evaluation of the course in time of the profit taking.

Relationships between ethical climate, political behavior, ethical leadership, and job satisfaction of operational officers in a wholesale company, Bangkok Metropolitan region

OpenAIRE

Patthiya Naiyananont; Thipthinna Smuthranond

2017-01-01

This research investigated whether the ethical climate, political behavior, ethical leadership, and job satisfaction in one organization have an impact on each other. The research was conducted using a selected group of 177 operational officers in a wholesale business company in the Bangkok Metropolitan region. The operational officers were recruited from four divisions (commercial, finance, marketing, and administration) using a stratified random sampling approach. The majority was female an...

The Home-based Advantages and a Hierarchy of Location Advantages: Foreign and British-owned Firms in the London Wholesale Insurance Market

OpenAIRE

Lilach Nachum

2003-01-01

This study seeks to explain why, in some cases, locationally advantageous countries attract foreign firms, who develop dominant competitive positions in the market, rather than facilitate the development of internationally competitive national firms, as theory suggests. Comparative analyses of samples of foreign and British-owned insurance firms in the London wholesale insurance market are used to establish a hierarchy of location advantages in terms of their competitive importance. It is sho...

PowerChoice Residential Customer Response to TOU Rates

Energy Technology Data Exchange (ETDEWEB)

Peters, Jane S.; Moezzi, Mithra; Lutzenhiser, Susan; Woods, James; Dethman, Linda; Kunkle, Rick

2009-10-01

Research Into Action, Inc. and the Sacramento Municipal Utility District (SMUD) worked together to conduct research on the behaviors and energy use patterns of SMUD residential customers who voluntarily signed on to a Time-of-Use rate pilot launched under the PowerChoice label. The project was designed to consider the how and why of residential customers ability and willingness to engage in demand reduction behaviors, and to link social and behavioral factors to observed changes in demand. The research drew on a combination of load interval data and three successive surveys of participating households. Two experimental treatments were applied to test the effects of increased information on households ability to respond to the Time-of-Use rates. Survey results indicated that participants understood the purpose of the Time-of-Use rate and undertook substantial appropriate actions to shift load and conserve. Statistical tests revealed minor initial price effects and more marked, but still modest, adjustments to seasonal rate changes. Tests of the two information interventions indicated that neither made much difference to consumption patterns. Despite the lackluster statistical evidence for load shifting, the analysis points to key issues for critical analysis and development of residential Time-of-Use rates, especially pertinent as California sets the stage for demand response in more California residences.

Evaluation of alternatives for power system coordination and pooling in a competitive environment

International Nuclear Information System (INIS)

Rudnick, H.; Varela, R.; Hogan, W.

1997-01-01

The paper defines and classifies essential issues that relate the need for electric power system coordination with the increasing development of competition. Principles are formulated and a coordination model and a market structure are proposed, emphasizing the need for economic dispatch in the wholesale market. A detailed comparison is made of the market and pooling implementations developed in Argentina and Chile, countries that have pioneered the creation of competitive markets in the electric energy sector. An evaluation of strengths and weaknesses of those two implementations is included

Discrete rate and variable power adaptation for underlay cognitive networks

KAUST Repository

Abdallah, Mohamed M.

2010-01-01

We consider the problem of maximizing the average spectral efficiency of a secondary link in underlay cognitive networks. In particular, we consider the network setting whereby the secondary transmitter employs discrete rate and variable power adaptation under the constraints of maximum average transmit power and maximum average interference power allowed at the primary receiver due to the existence of an interference link between the secondary transmitter and the primary receiver. We first find the optimal discrete rates assuming a predetermined partitioning of the signal-to-noise ratio (SNR) of both the secondary and interference links. We then present an iterative algorithm for finding a suboptimal partitioning of the SNR of the interference link assuming a fixed partitioning of the SNR of secondary link selected for the case where no interference link exists. Our numerical results show that the average spectral efficiency attained by using the iterative algorithm is close to that achieved by the computationally extensive exhaustive search method for the case of Rayleigh fading channels. In addition, our simulations show that selecting the optimal partitioning of the SNR of the secondary link assuming no interference link exists still achieves the maximum average spectral efficiency for the case where the average interference constraint is considered. © 2010 IEEE.

The Influence of International Parity on the Exchange Rate: Purchasing Power Parity and International Fisher Effect

OpenAIRE

Oana Mionel

2012-01-01

This article assesses the impact of the inflation and interest rates on the exchange rates. The analysis tests the relation between the inflation rate and the exchange rate by applying the Purchasing Power Parity Theory, while the relation between the interest rate and the inflation rate is tested by applying the International Fisher Effect Theory. In order to test the Purchasing Power Parity the study takes into account the period of time between 1990 – 2009, and the following countries – th...

Estimation of component failure rates for PSA on nuclear power plants 1982-1997

International Nuclear Information System (INIS)

Kirimoto, Yukihiro; Matsuzaki, Akihiro; Sasaki, Atsushi

2001-01-01

Probabilistic safety assessment (PSA) on nuclear power plants has been studied for many years by the Japanese industry. The PSA methodology has been improved so that PSAs for all commercial LWRs were performed and used to examine for accident management.On the other hand, most data of component failure rates in these PSAs were acquired from U.S. databases. Nuclear Information Center (NIC) of Central Research Institute of Electric Power Industry (CRIEPI) serves utilities by providing safety- , and reliability-related information on operation and maintenance of the nuclear power plants, and by evaluating the plant performance and incident trends. So, NIC started a research study on estimating the major component failure rates at the request of the utilities in 1988. As a result, we estimated the hourly-failure rates of 47 component types and the demand-failure rates of 15 component types. The set of domestic component reliability data from 1982 to 1991 for 34 LWRs has been evaluated by a group of PSA experts in Japan at the Nuclear Safety Research Association (NSRA) in 1995 and 1996, and the evaluation report was issued in March 1997. This document describes the revised component failure rate calculated by our re-estimation on 49 Japanese LWRs from 1982 to 1997. (author)

Resolution 566/012. It is allowed to MELAHUA S.A company the generation by wind power source in Rocha province 7th Catastral section, as well as the connection to the Interconnected National System

International Nuclear Information System (INIS)

2012-01-01

This resolution authorizing the power generation using the wind as a primary source. The company who presented this project was MALAHUA S.A with the proposal to instal an electrical plant in Maldonado province. This authorization was according to the Electric Wholesale Market regulation

Wholesale water market application for assured energy certificates allocation among hydroelectric power plants; Aplicacao de um mercado atacadista de agua para reparticao dos certificados de energia assegurada entre usinas hidreletricas

Energy Technology Data Exchange (ETDEWEB)

Pinto, Andre Dias

2007-09-15

The objective of this dissertation is to revise the methodology used in the calculation of assured energy certificates for hydro plants, in particular the relation among the objectives of reliability and market mechanisms with the certificates. The relationship between the economic signals provided by the market 'spot' of electricity with the certificates will be analyzed. It will be shown that the spot price payment does not provide the correct and necessary incentives for the energy certificates allocation in a cascade with agents belonging the different companies. Upstream reservoirs are not property compensated for the regulation of the energy production of the entire cascade and, as solution, alternative scheme to remunerate the water resources (wholesale water market) will be discussed. The assured energy certificates will be calculated with the proposed methodology and compared with nowadays practiced in the Brazilian system. (author)

Analysis of power ramp rate and minimum power controllability of the MMS model for a plant dynamics analysis of a Prototype SFR

International Nuclear Information System (INIS)

Kim, Eui Kwang; Kim, Dehee; Joo, Hyungkook; Lee, Taeho

2014-01-01

A full plant dynamic model was developed for a prototype SFR using the Modular Modeling System (MMS). It includes the modeling of various subsystems such as the neutronics, primary and intermediate sodium systems of the NSSS, steam and water systems of the BOP, BOP controls, and the supervisory plant controls. The NSSS model is subdivided into component models, such as a Core, IHXs, Pumps, SGs, and the rest of the NSSS loop model. The BOP model is subdivided into a steam subsystem, feedwater subsystem, and preheater subsystem. Plant transient tests were performed to study the operational considerations. It includes varying the power ramp rate and studying the controllability at minimum power. Plant transient tests were performed to study operational considerations by using the MMS model for a prototype SFR. It includes varying the power ramp rate, studying the controllability at the minimum power set point. At a power ramp rate of higher than 2%, the steam temperature has a large deviation from the target. As the power set point decreases, the PHTS hot leg temperature and steam temperature tend to have higher deviations. After further refinement of the MMS model, it can be useful for developing the plant operation logics of the prototype SFR

Wind power in Argentina: Policy instruments and economic feasibility

International Nuclear Information System (INIS)

Recalde, M.

2010-01-01

Despite its great wind endowment, Argentina has not still succeeded in increasing wind power share in its wholesale market. However, the energy supply problem that this country is facing from 2004 on seems to open an opportunity for wind energy projects. A wide range of legislation has recently emerged. In this context, this paper discusses whether policy instruments in the Argentinean regulatory frame contribute to economic feasibility for wind power projects or not. To this purpose, we study wind installed capacity, Argentinean wind potential, the different promotion tools used worldwide and those employed in Argentina. Finally, we realize a feasibility study for a typical project. We found, that in spite of its high wind potential, economic feature, related to policy instruments, have been a boundary to the development of wind energy into the energy mix. (author)

Southwestern Power Administration Annual Report 2008

Energy Technology Data Exchange (ETDEWEB)

None

2010-12-01

Dear Secretary Chu, I am pleased to present the financial statements and operating data for Southwestern Power Administration (Southwestern) for Fiscal Year (FY) 2008. In FY 2008, Southwestern delivered over 7.3 billion kilowatt-hours of energy to its wholesale customers – nearly 31% more than average due to numerous record rainfall amounts in the southwest region. These record amounts produced revenues which exceeded the average annual revenue requirement by nearly $20 million and resulted in over $200 million in economic benefits to the region. Yet even as Southwestern exceeded its goals of marketing and delivering Federal hydroelectric power to our customers, we stayed focused on safety, security, and reliability. For example, we maintained our nearly 1,400 miles of high-voltage transmission lines, substations, and communications sites while achieving a Recordable Accident Frequency Rate of 0.0, a record that reflects Southwestern’s safety achievement of no recordable injuries for every 200,000 hours worked. We kept our rights-of-way secure from vegetation and other obstacles, work that not only supports our mission but also promotes reliability of the regional and National grid. We exceeded all North American Electric Reliability Corporation (NERC) Control Performance Standards (CPS- 1 and CPS-2), and maintained regulation and reserve obligations and reactive reserve margins to ensure the reliability of the bulk electric system, even during extended periods of restricted hydro operations due to unusually high project inflows. Finally, we continued our partnerships with the Department of Energy, the U.S. Army Corps of Engineers, our customers, and other Federal power stakeholders, partnerships that are vital to our continued success in marketing and delivering carbon-free, renewable, and domestically produced energy to our customers and to the Nation. Sincerely, Jon Worthington Administrator

Impacts on investments, and transmission/distribution loss through power sector reforms

International Nuclear Information System (INIS)

Nagayama, Hiroaki

2010-01-01

This study analyses original panel data from 86 countries between 1985 and 2006. Econometric methods were used to identify the effects of different policy devices of power sector reforms on performance indicators (installed capacity per capita, transmission and distribution loss) in the countries analyzed. The research findings suggest that reform variables such as the entry of independent power producers (IPPs), unbundling of generation and transmission, establishment of regulatory agencies, and the introduction of a wholesale spot market are the driving forces of increasing generation capacity, as well as reducing transmission and distribution loss in the respective regions. In this study, we can assume that, firstly, different electric industry's reform policies/measures have different impacts on geographically and economically diverse countries. Secondly, a country's state of economic development has a different impact on policy effects of reforms. Thirdly, coexistent with independent regulatory agencies, reform policy becomes more powerful in realizing sector performances.

How does market power affect the impact of large scale wind investment in 'energy only' wholesale electricity markets?

International Nuclear Information System (INIS)

Browne, Oliver; Poletti, Stephen; Young, David

2015-01-01

In the short run, it is well known that increasing wind penetration is likely to reduce spot market electricity prices due to the merit order effect. The long run effect is less clear because there will be a change in new capacity investment in response to the wind penetration. In this paper we examine the interaction between capacity investment, wind penetration and market power by first using a least-cost generation expansion model to simulate capacity investment with increasing amounts of wind generation, and then using a computer agent-based model to predict electricity prices in the presence of market power. We find the degree to which firms are able to exercise market power depends critically on the ratio of capacity to peak demand. For our preferred long run generation scenario we show market power increases for some periods as wind penetration increases however the merit order counteracts this with the results that prices overall remain flat. Returns to peakers increase significantly as wind penetration increases. The market power in turn leads to inefficient dispatch which is exacerbated with large amounts of wind generation. - Highlights: • Increasing investment in wind generation is analyzed using an agent based model. • In an energy only market, increased total capacity reduces market power. • Increasing wind penetration results in more market power in some periods. • Market power causes dispatch inefficiencies, which grow as wind capacity increases.

Vertical integration and market power: A model-based analysis of restructuring in the Korean electricity market

International Nuclear Information System (INIS)

Bunn, Derek W.; Martoccia, Maria; Ochoa, Patricia; Kim, Haein; Ahn, Nam-Sung; Yoon, Yong-Beom

2010-01-01

An agent-based simulation model is developed using computational learning to investigate the impact of vertical integration between electricity generators and retailers on market power in a competitive wholesale market setting. It is observed that if partial vertical integration creates some market foreclosure, whether this leads to an increase or decrease in market power is situation specific. A detailed application to the Korean market structure reveals this to be the case. We find that in various cases, whilst vertical integration generally reduces spot prices, it can increase or decrease the market power of other market generators, depending upon the market share and the technology segment of the market, which is integrated, as well as the market concentrations before and after the integration.

Vertical integration and market power. A model-based analysis of restructuring in the Korean electricity market

Energy Technology Data Exchange (ETDEWEB)

Bunn, Derek W.; Martoccia, Maria; Ochoa, Patricia [London Business School, London (United Kingdom); Kim, Haein; Ahn, Nam-Sung; Yoon, Yong-Beom [Korean Electric Power Corporation, Seoul (Korea)

2010-07-15

An agent-based simulation model is developed using computational learning to investigate the impact of vertical integration between electricity generators and retailers on market power in a competitive wholesale market setting. It is observed that if partial vertical integration creates some market foreclosure, whether this leads to an increase or decrease in market power is situation specific. A detailed application to the Korean market structure reveals this to be the case. We find that in various cases, whilst vertical integration generally reduces spot prices, it can increase or decrease the market power of other market generators, depending upon the market share and the technology segment of the market, which is integrated, as well as the market concentrations before and after the integration. (author)

Vertical integration and market power: A model-based analysis of restructuring in the Korean electricity market

Energy Technology Data Exchange (ETDEWEB)

Bunn, Derek W., E-mail: dbunn@london.ed [London Business School, London (United Kingdom); Martoccia, Maria; Ochoa, Patricia [London Business School, London (United Kingdom); Kim, Haein; Ahn, Nam-Sung; Yoon, Yong-Beom [Korean Electric Power Corporation, Seoul (Korea, Republic of)

2010-07-15

An agent-based simulation model is developed using computational learning to investigate the impact of vertical integration between electricity generators and retailers on market power in a competitive wholesale market setting. It is observed that if partial vertical integration creates some market foreclosure, whether this leads to an increase or decrease in market power is situation specific. A detailed application to the Korean market structure reveals this to be the case. We find that in various cases, whilst vertical integration generally reduces spot prices, it can increase or decrease the market power of other market generators, depending upon the market share and the technology segment of the market, which is integrated, as well as the market concentrations before and after the integration.

76 FR 41238 - Post Rock Wind Power Project, LLC; Supplemental Notice That Initial Market-Based Rate Filing...

Science.gov (United States)

2011-07-13

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. ER11-3959-000] Post Rock Wind Power Project, LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes Request for... Rock Wind Power Project, LLC's application for market-based rate authority, with an accompanying rate...

76 FR 79169 - Power Network New Mexico, LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes...

Science.gov (United States)

2011-12-21

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. ER12-605-000] Power Network New Mexico, LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes Request for... Power Network New Mexico, LLC's application for market-based rate authority, with an accompanying rate...

Estimation of leak rate through circumferential cracks in pipes in nuclear power plants

Directory of Open Access Journals (Sweden)

Jai Hak Park

2015-04-01

Full Text Available The leak before break (LBB concept is widely used in designing pipe lines in nuclear power plants. According to the concept, the amount of leaking liquid from a pipe should be more than the minimum detectable leak rate of a leak detection system before catastrophic failure occurs. Therefore, accurate estimation of the leak rate is important to evaluate the validity of the LBB concept in pipe line design. In this paper, a program was developed to estimate the leak rate through circumferential cracks in pipes in nuclear power plants using the Henry–Fauske flow model and modified Henry–Fauske flow model. By using the developed program, the leak rate was calculated for a circumferential crack in a sample pipe, and the effect of the flow model on the leak rate was examined. Treating the crack morphology parameters as random variables, the statistical behavior of the leak rate was also examined. As a result, it was found that the crack morphology parameters have a strong effect on the leak rate and the statistical behavior of the leak rate can be simulated using normally distributed crack morphology parameters.

Cost-related model for transit rates in electric power distribution networks

International Nuclear Information System (INIS)

Collstrand, F.

1994-02-01

The planned deregulation of the swedish electrical power market will require a new structure of the electrical energy rates. In this report different models of transit rates are studied. The report includes studies of literature and a proposal to a rate structure and is made specifically for Malmoe Energi AB. The differences between various methods of calculating the transfer cost are illustrated. Further, the build-up of the tariff structure and its base elements are discussed. The costs are divided on different categories of costumers and shows the cost for each customer. The new regulations should apply simultaneously to all networks, independent of the voltage level. The transit cost should be based on a number of basic elements: capital cost, operation and maintenance, losses, measuring and administration. Capital cost and operation and maintenance should be charged as power fees, the loss cost as an energy fee and the measuring and administration cost as a fixed fee. The customer bill should be split into two parts, one for the transit cost and one for the energy usage. 15 refs., 37 tabs., 6 figs

Rating PV Power and Energy: Cell, Module, and System Measurements

Energy Technology Data Exchange (ETDEWEB)

Emery, Keith

2016-06-02

A summary of key points related to research-level measurements of current vs. voltage measurement theory including basic PV operation, equivalent circuit, and concept of spectral error; PV power performance including PV irradiance sensors, simulators and commercial and generic I-V systems; PV measurement artifacts, intercomparisons, and alternative rating methods.

High-Frame-Rate Power Doppler Ultrasound Is More Sensitive than Conventional Power Doppler in Detecting Rheumatic Vascularisation

NARCIS (Netherlands)

M. van der Ven (Myrthe); J.J. Luime (Jolanda); van der Velden, L.L. (Levinia L.); J.G. Bosch (Hans); J.M.W. Hazes (Mieke); H.J. Vos (Rik)

2016-01-01

textabstractEarly recognition of joint inflammation will increase treatment efficacy in rheumatoid arthritis (RA). Yet, conventional power Doppler (PD) ultrasound might not be sufficiently sensitive to detect minor inflammation. We investigated the sensitivity of high-frame rate Doppler, combined

Nuclear plant power up-rate study: feedwater heater evaluations

International Nuclear Information System (INIS)

Svensson, Eric; Catapano, Michael; Coakley, Michael; Thomas, Dan

2014-01-01

Given today's nuclear industry business climate, it has become common for Utility companies to consider increasing unit capacities through turbine replacement and power up-rates. An integral part of the studies conducted by many towards this end, involve the generation of a set of turbine cycle heat balances with predicted performance parameters for the up-rated condition. Once these tentative operating values are established, it becomes necessary to evaluate the suitability of the existing components within each system to ensure they are capable of continued safe and reliable operation. The ultimate cost for the up-rate, including the cost for any major required modifications or significant replacements is weighed against increased revenue generated from the up-rate over time. Exelon's Peach Bottom Atomic Power Station (PBAPS) is currently planning for an Extended Power up-rate (EPU) for both units. To ensure the existing Feedwater Heaters (FWH) could maintain the operating and transient response margins at the EPU condition, an engineering study was conducted. Powerfect Inc. in conjunction with SPX Heat Transfer LLC were contracted to provide engineering services to analyze the design, thermal performance, reliability and operating conditions at projected EPU conditions. Specifically, to address the following with regard to the station's Feedwater Heaters (FWHs): 1. Evaluate Drain Cooler (DC) Velocities - including zone inlet velocity, cross and window velocities and outlet velocities. 2. Evaluate Drain Cooler Zone Pressure Drop for effect on drain cooler margins to flashing. 3. Evaluate differential pressure allowable across the pass partition plate. 4. Evaluate Drain Cooler Tube Vibration Potential. 5. Perform detailed steam dome velocity calculations. The goal of the study was to identify the most susceptible areas within the heaters for problems and potential failures when operating at the higher duty of the EPU condition for the remaining life

Status of power sector restructuring in Lithuania

International Nuclear Information System (INIS)

Bachiauskas, A.

1999-01-01

Lithuanian electricity sector comprises joint stock company Lietuvos Energija, which is responsible for supplying the country with electric energy, the Ignalina NPP state enterprise, which generates more then three fourth of the entire electricity of Lithuania, CHPs run By municipalities of Kaunas and Vilnius, and a few power plants, owned by industrial enterprises, as well as private small hydro power plants. Joint stock company Lietuvos Energija is a vertically integrated monopoly, which has inherited drawbacks inherent in planned - administrational economy and is therefore now being restructured into a modern and effective structure capable of operating within market economy conditions. The main goals of restructuring would meet electricity economy requirements: clearly un bundle electricity generation costs from electricity transmission and distribution costs; create internal and external electricity market conditions by gradual transition to wholesale and retail electricity trade; create conditions for third party access; create favourable conditions for competition; provide a possibility to integrate with Baltic electricity market in progress

U.S. regulators reject proposal to subsidize nuclear and coal power prices

International Nuclear Information System (INIS)

Kraemer, Jay R.

2018-01-01

On January 8, 2018, the U.S. Federal Energy Regulatory Commission (''FERC'') unanimously rejected a rulemaking proposed by Secretary of Energy Rick Perry designed to enable the owners of coal and nuclear power plants to charge higher prices for their output, and thereby to prevent further premature retirements of such plants. The FERC has exclusive authority, under the Federal Power Act, to establish rules for interstate wholesale sales of electricity. Although the FERC simultaneously initiated a new proceeding to consider how to enhance the resilience of electricity supply and delivery in the U.S., that proceeding seems unlikely to offer near-term relief to nuclear plants that are approaching closure due to their inability to compete economically both with facilities fueled by low-priced natural gas and with renewable power sources benefitting from favorable tax provisions. Accordingly, the American nuclear power industry will probably have to look elsewhere for relief from its present dire economic circumstances.

75 FR 42745 - Hardscrabble Wind Power LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes...

Science.gov (United States)

2010-07-22

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. ER10-1725-000] Hardscrabble Wind Power LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes Request for Blanket... of Hardscrabble Wind Power LLC's application for market-based rate authority, with an accompanying...

77 FR 55817 - Panther Creek Power Operating, LLC; Supplemental Notice that Initial Market-Based Rate Filing...

Science.gov (United States)

2012-09-11

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. ER12-2570-000] Panther Creek Power Operating, LLC; Supplemental Notice that Initial Market-Based Rate Filing Includes Request for... Panther Creek Power Operating, LLC's application for market-based rate authority, with an accompanying...

78 FR 28835 - Salton Sea Power Generation Company; Supplemental Notice That Initial Market-Based Rate Filing...

Science.gov (United States)

2013-05-16

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. ER13-1271-000] Salton Sea Power Generation Company; Supplemental Notice That Initial Market-Based Rate Filing Includes Request for... Salton Sea Power Generation Company's application for market-based rate authority, with an accompanying...

Prediction on corrosion rate of pipe in nuclear power system based on optimized grey theory

International Nuclear Information System (INIS)

Chen Yonghong; Zhang Dafa; Chen Dengke; Jiang Wei

2007-01-01

For the prediction of corrosion rate of pipe in nuclear power system, the pre- diction error from the grey theory is greater, so a new method, optimized grey theory was presented in the paper. A comparison among predicted results from present and other methods was carried out, and it is seem that optimized grey theory is correct and effective for the prediction of corrosion rate of pipe in nuclear power system, and it provides a fundamental basis for the maintenance of pipe in nuclear power system. (authors)

BUSINESS CLIMATE OF FOOD FIRMS: A COMPARATIVE ANALYSIS OF PROBLEMS FACED BY FOOD MANUFACTURERS, WHOLESALERS, RETAILERS AND SERVICE INSTITUTIONS IN NEW JERSEY

OpenAIRE

Adelaja, Adesoji O.; Nayga, Rodolfo M., Jr.; Tank, Karen Rose; Schilling, Brian J.

1997-01-01

This paper presents the problems facing food firms using information from focus groups of industry executives from New Jersey. The leading problems for food manufacturers are related to regulation, taxation, economic development, and high business costs. For food wholesalers the leading problems are transportation, regulation, labor quality, training and education, and public relations. Food retailers cite litigation and liability, high business costs, regulation, and insurance costs as leadi...

Propuesta de mejoramiento de la política de inventarios de la empresa Wholesale and Retail Place LLC

OpenAIRE

Gómez Vásquez, Natalia Carolina; Moreno Feo, Oscar Felipe

2015-01-01

Wholesale and Retail place LLC, es una empresa que nace en el año 2012 en la ciudad de Carteret, Nueva Jersey dedicada a la comercialización y distribución de ropa para mujer colombiana en Estados Unidos. De esta manera, la problemática abordada en este proyecto será la influencia de la política de inventarios en el desempeño de la empresa. A partir de esto, se plantea realizar un mejoramiento de la política de gestión de inventarios, recurso que procure cambiar el modelo operativo de negocio...

Power scaling of supercontinuum seeded megahertz-repetition rate optical parametric chirped pulse amplifiers.

Science.gov (United States)

Riedel, R; Stephanides, A; Prandolini, M J; Gronloh, B; Jungbluth, B; Mans, T; Tavella, F

2014-03-15

Optical parametric chirped-pulse amplifiers with high average power are possible with novel high-power Yb:YAG amplifiers with kW-level output powers. We demonstrate a compact wavelength-tunable sub-30-fs amplifier with 11.4 W average power with 20.7% pump-to-signal conversion efficiency. For parametric amplification, a beta-barium borate crystal is pumped by a 140 W, 1 ps Yb:YAG InnoSlab amplifier at 3.25 MHz repetition rate. The broadband seed is generated via supercontinuum generation in a YAG crystal.

75 FR 18201 - Juniper Canyon Wind Power, LLC; Supplemental Notice That Initial Market-Based Rate Filing...

Science.gov (United States)

2010-04-09

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. ER10-975-000] Juniper Canyon Wind Power, LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes Request for Blanket... of Juniper Canyon Wind Power, LLC's application for market-based rate authority, with an accompanying...

76 FR 2368 - Balance Power Systems, LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes...

Science.gov (United States)

2011-01-13

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. ER11-2331-000] Balance Power Systems, LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes Request for Blanket... proceeding of Balance Power Systems, LLC's application for market-based rate authority, with an accompanying...

CHF during flow rate, pressure and power transients in heated channels

International Nuclear Information System (INIS)

Celata, G.P.; Cumo, M.

1987-01-01

The behaviour of forced two-phase flows following inlet flow rate, pressure and power transients is presented here with reference to experiments performed with a R-12 loop. A circular duct, vertical test section (L = 2300 mm; D = 7.5 mm) instrumented with fluid (six) and wall (twelve) thermocouples has been employed. Transients have been carried out performing several values of flow decays (exponential decrease), depressurization rates (exponential decrease) and power inputs (step-wise increase). Experimental data have shown the complete inadequacy of steady-state critical heat flux correlations in predicting the onset of boiling crisis during fast transients. Data analysis for a better theoretical prediction of CHF occurrence during transient conditions has been accomplished, and design correlations for critical heat flux and time-to-crisis predictions have been proposed for the different types of transients

Customer response to day-ahead wholesale market electricity prices: Case study of RTP program experience in New York

Energy Technology Data Exchange (ETDEWEB)

Goldman, C.; Hopper, N.; Sezgen, O.; Moezzi, M.; Bharvirkar, R.; Neenan, B.; Boisvert, R.; Cappers, P.; Pratt, D.

2004-07-01

There is growing interest in policies, programs and tariffs that encourage customer loads to provide demand response (DR) to help discipline wholesale electricity markets. Proposals at the retail level range from eliminating fixed rate tariffs as the default service for some or all customer groups to reinstituting utility-sponsored load management programs with market-based inducements to curtail. Alternative rate designs include time-of-use (TOU), day-ahead real-time pricing (RTP), critical peak pricing, and even pricing usage at real-time market balancing prices. Some Independent System Operators (ISOs) have implemented their own DR programs whereby load curtailment capabilities are treated as a system resource and are paid an equivalent value. The resulting load reductions from these tariffs and programs provide a variety of benefits, including limiting the ability of suppliers to increase spot and long-term market-clearing prices above competitive levels (Neenan et al., 2002; Boren stein, 2002; Ruff, 2002). Unfortunately, there is little information in the public domain to characterize and quantify how customers actually respond to these alternative dynamic pricing schemes. A few empirical studies of large customer RTP response have shown modest results for most customers, with a few very price-responsive customers providing most of the aggregate response (Herriges et al., 1993; Schwarz et al., 2002). However, these studies examined response to voluntary, two-part RTP programs implemented by utilities in states without retail competition.1 Furthermore, the researchers had limited information on customer characteristics so they were unable to identify the drivers to price response. In the absence of a compelling characterization of why customers join RTP programs and how they respond to prices, many initiatives to modernize retail electricity rates seem to be stymied.

The specification of cross exchange rate equations used to test Purchasing Power Parity

OpenAIRE

Hunter, J; Simpson, M

2004-01-01

The Article considers the speciÞcation of models used to test Pur- chasing Power Parity when applied to cross exchange rates. SpeciÞcally, conventional dynamic models used to test stationarity of the real exchange rate are likely to be misspeciÞed, except when the parameters of each ex- change rate equation are the same

Combined Rate and Power Allocation with Link Scheduling in Wireless Data Packet Relay Networks with Fading Channels

Directory of Open Access Journals (Sweden)

Subhrakanti Dey

2007-08-01

Full Text Available We consider a joint rate and power control problem in a wireless data traffic relay network with fading channels. The optimization problem is formulated in terms of power and rate selection, and link transmission scheduling. The objective is to seek high aggregate utility of the relay node when taking into account buffer load management and power constraints. The optimal solution for a single transmitting source is computed by a two-layer dynamic programming algorithm which leads to optimal power, rate, and transmission time allocation at the wireless links. We further consider an optimal power allocation problem for multiple transmitting sources in the same framework. Performances of the resource allocation algorithms including the effect of buffer load control are illustrated via extensive simulation studies.

Up-Rating - An Alternative Approach to Meeting Future Power Demands - Exploitation of Design Margins

Energy Technology Data Exchange (ETDEWEB)

Bruce, Barnaby; Schwarz, Thomas [AREVA NP GmbH, Freyeslebenstr. 1, 91058 Erlangen (Germany)

2008-07-01

Up-rating is a world-wide implemented approach that takes advantage of increased calculation and analytic abilities developed since commissioning and applies them to old plants. In doing so, what would possibly be considered today as over-engineered design margins are exploited and plant performance is improved, without necessarily involving extensive modifications or replacement of hardware. It is therefore a short-term alternative, compared to new plants, with little change in environmental ramifications for power production capacity gained. Up-rating is also more accepted by the wider community and licensing authorities, thus complimenting the building of new plants. The 10% thermal up-rating of the nuclear power plant at Almaraz, Spain, requires a comprehensive reanalysis of all power components. This paper focuses on those measures required to ensure the performance of the steam generators at increased load as an example of design margin exploitation in such crucial components. (authors)

Joint sensor location/power rating optimization for temporally-correlated source estimation

KAUST Repository

Bushnaq, Osama M.; Chaaban, Anas; Al-Naffouri, Tareq Y.

2017-01-01

via wireless AWGN channel. In addition to selecting the optimal sensing location, the sensor type to be placed in these locations is selected from a pool of T sensor types such that different sensor types have different power ratings and costs

Nuclear power regional analysis

International Nuclear Information System (INIS)

Parera, María Delia

2011-01-01

In this study, a regional analysis of the Argentine electricity market was carried out considering the effects of regional cooperation, national and international interconnections; additionally, the possibilities of insertion of new nuclear power plants in different regions were evaluated, indicating the most suitable areas for these facilities to increase the penetration of nuclear energy in national energy matrix. The interconnection of electricity markets and natural gas due to the linkage between both energy forms was also studied. With this purpose, MESSAGE program was used (Model for Energy Supply Strategy Alternatives and their General Environmental Impacts), promoted by the International Atomic Energy Agency (IAEA). This model performs a country-level economic optimization, resulting in the minimum cost for the modelling system. Regionalization executed by the Wholesale Electricity Market Management Company (CAMMESA, by its Spanish acronym) that divides the country into eight regions. The characteristics and the needs of each region, their respective demands and supplies of electricity and natural gas, as well as existing and planned interconnections, consisting of power lines and pipelines were taken into account. According to the results obtained through the model, nuclear is a competitive option. (author) [es

Volatile amines treatment: Corrosion rates and Atucha I nuclear power plant experience

International Nuclear Information System (INIS)

Iglesias, Alberto M.; Jimenez Rebagliati, Raul; Raffo Calderon, Maria C.; Manzi, Ricardo

2000-01-01

Steam generators water treatment with volatile amines in place of ammonia is usual today. This option seems an acceptable alternative to the generalize use of ammonia-sodium phosphate and has advantages when copper alloys are present. There are several amines that can work as corrosion inhibitor but the most useful for plant applications are: morpholine, ethanolamine and cyclohexylamine. In this work, are present the obtained results of corrosion rates measurements by electrochemical methods. The hydrothermal conditions of our experiences were similar to that of the Atucha I nuclear power plant (CNA I). pH, conductivity and dissolved oxygen measures were correlated with corrosion rates of the CNA I materials as carbon steel and admiralty brass. The faradaic impedance spectroscopy techniques allows a more detailed interpretation of corrosion rates process. Morpholine and ammonia behavior can be evaluated under power plant operations conditions with the accumulated experience of CNA I. Results are present throughout material release and his effects over heat transfer parameters. (author)

High-voltage power supply of ND6 portable dose rate meter

International Nuclear Information System (INIS)

Wang Shaling

2001-01-01

Portable dose rate meter needs to be equipped with a set of high-voltage power supply which is supplied by batteries and has characteristic of high quality, low energy expense and small size. The author introduces application conditions and performance guide line

Efficient high-peak-power and high-repetition-rate eye-safe laser using an intracavity KTP OPO

International Nuclear Information System (INIS)

Guo, J; Jiao, Z X; Wang, B; He, G Y

2015-01-01

An efficient high-peak-power and high-repetition-rate intracavity KTP optical parametric oscillator pumped by a Q-switched Nd:YVO 4 laser is demonstrated. We achieved 1.5 W output power of 1.5 μm at 10 kHz repetition rate with the pulse duration of 6 ns. The maximum peak power of 25 kW and the maximum pulse energy of 150 μJ have been obtained. The maximum conversion efficiency of 9.5% is achieved with respect to a laser diode power of 10.5 W. (paper)

Common cause failure rate estimates for diesel generators in nuclear power plants

International Nuclear Information System (INIS)

Steverson, J.A.; Atwood, C.L.

1982-01-01

Common cause fault rates for diesel generators in nuclear power plants are estimated, using Licensee Event Reports for the years 1976 through 1978. The binomial failure rate method, used for obtaining the estimates, is briefly explained. Issues discussed include correct classification of common cause events, grouping of the events into homogeneous data subsets, and dealing with plant-to-plant variation

Rate Optimization of Two-Way Relaying with Wireless Information and Power Transfer

Directory of Open Access Journals (Sweden)

Thinh Phu Do

2017-11-01

Full Text Available We consider the simultaneous wireless information and power transfer in two-phase decode-and-forward two-way relaying networks, where a relay harvests the energy from the signal to be relayed through either power splitting or time splitting. Here, we formulate the resource allocation problems optimizing the time-phase and signal splitting ratios to maximize the sum rate of the two communicating devices. The joint optimization problems are shown to be convex for both the power splitting and time splitting approaches after some transformation if required to be solvable with an existing solver. To lower the computational complexity, we also present the suboptimal methods optimizing the splitting ratio for the fixed time-phase and derive a closed-form solution for the suboptimal method based on the power splitting. The results demonstrate that the power splitting approaches outperform their time splitting counterparts and the suboptimal power splitting approach provides a performance close to the optimal one while reducing the complexity significantly.

A Method for Harmonic Sources Detection based on Harmonic Distortion Power Rate

Science.gov (United States)

Lin, Ruixing; Xu, Lin; Zheng, Xian

2018-03-01

Harmonic sources detection at the point of common coupling is an essential step for harmonic contribution determination and harmonic mitigation. The harmonic distortion power rate index is proposed for harmonic source location based on IEEE Std 1459-2010 in the paper. The method only based on harmonic distortion power is not suitable when the background harmonic is large. To solve this problem, a threshold is determined by the prior information, when the harmonic distortion power is larger than the threshold, the customer side is considered as the main harmonic source, otherwise, the utility side is. A simple model of public power system was built in MATLAB/Simulink and field test results of typical harmonic loads verified the effectiveness of proposed method.

Two-way DF relaying assisted D2D communication: ergodic rate and power allocation

Science.gov (United States)

Ni, Yiyang; Wang, Yuxi; Jin, Shi; Wong, Kai-Kit; Zhu, Hongbo

2017-12-01

In this paper, we investigate the ergodic rate for a device-to-device (D2D) communication system aided by a two-way decode-and-forward (DF) relay node. We first derive closed-form expressions for the ergodic rate of the D2D link under asymmetric and symmetric cases, respectively. We subsequently discuss two special scenarios including weak interference case and high signal-to-noise ratio case. Then we derive the tight approximations for each of the considered scenarios. Assuming that each transmitter only has access to its own statistical channel state information (CSI), we further derive closed-form power allocation strategy to improve the system performance according to the analytical results of the ergodic rate. Furthermore, some insights are provided for the power allocation strategy based on the analytical results. The strategies are easy to compute and require to know only the channel statistics. Numerical results show the accuracy of the analysis results under various conditions and test the availability of the power allocation strategy.

Power consumption analysis of constant bit rate video transmission over 3G networks

DEFF Research Database (Denmark)

Ukhanova, Ann; Belyaev, Evgeny; Wang, Le

2012-01-01

This paper presents an analysis of the power consumption of video data transmission with constant bit rate over 3G mobile wireless networks. The work includes the description of the radio resource control transition state machine in 3G networks, followed by a detailed power consumption analysis...... and measurements of the radio link power consumption. Based on this description and analysis, we propose our power consumption model. The power model was evaluated on a smartphone Nokia N900, which follows 3GPP Release 5 and 6 supporting HSDPA/HSUPA data bearers. We also propose a method for parameter selection...... for the 3GPP transition state machine that allows to decrease power consumption on a mobile device taking signaling traffic, buffer size and latency restrictions into account. Furthermore, we discuss the gain in power consumption vs. PSNR for transmitted video and show the possibility of performing power...

Caracterização da comercialização de tomate de mesa na CEAGESP: perfil dos atacadistas Characterization and commercialization of fresh tomatoes at CEASA: profile of wholesalers

Directory of Open Access Journals (Sweden)

Caroline Andreuccetti

2005-06-01

Full Text Available Os Centros de Abastecimento, conhecidos por CEASAS, são pontos de concentração física da produção de hortigranjeiros e flores oriundos de diversas regiões do país. As mercadorias são destinadas aos atacadistas, que podem também ser produtores rurais ou apenas intermediários. O tomate possui grande representatividade de comercialização dentro dessas centrais de abastecimento. A partir de questionários, identificou-se o perfil dos comerciantes de tomate de mesa na CEAGESP. Constatou-se que 45,8% dos entrevistados possuem um volume médio de tomate comercializado durante o ano maior que 10.000 toneladas, sendo que, desses, 70,8% possuem produção própria de tomate. As cultivares Carmen e Débora foram as líderes de comercialização no período avaliado. Os resultados apontaram que os atacadistas comercializam com mais de um tipo de comprador, sendo os principais feirantes e supermercados, com ampla utilização da embalagem de madeira, caixa K, seguindo com 20,8% em caixas plásticas e 16,7% com caixas de papelão. Os permissionários comercializam o tomate classificado, seja manualmente (58,4%, ou usando máquinas (8,3% ou ambos os procedimentos (33,3%, porém os índices de padronização não são satisfatórios, encontrando-se numa mesma caixa mistura intensa de graus de coloração e tamanhos variados, o que leva a 45,8% do produto a ser reclassificado.The Terminal Markets are the main centers for distribution of vegetables, fruits and flowers from different States of Brazil. The CEAGESP wholesalers can be shippers or growers. The amount of tomato commercialized in these terminal markets is very expressive. It was possible to determine the profile and the main features of the wholesale market at CEAGESP. About 45.8% of the wholesalers had an average commercialization volume of 10,000 tons/year, and 70.8% of them commercialize their own production. Cultivars Carmen and Débora were the leaders on the market. The results

Evaluation of Electric Power Procurement Strategies by Stochastic Dynamic Programming

Science.gov (United States)

Saisho, Yuichi; Hayashi, Taketo; Fujii, Yasumasa; Yamaji, Kenji

In deregulated electricity markets, the role of a distribution company is to purchase electricity from the wholesale electricity market at randomly fluctuating prices and to provide it to its customers at a given fixed price. Therefore the company has to take risk stemming from the uncertainties of electricity prices and/or demand fluctuation instead of the customers. The way to avoid the risk is to make a bilateral contact with generating companies or install its own power generation facility. This entails the necessity to develop a certain method to make an optimal strategy for electric power procurement. In such a circumstance, this research has the purpose for proposing a mathematical method based on stochastic dynamic programming and additionally considering the characteristics of the start-up cost of electric power generation facility to evaluate strategies of combination of the bilateral contract and power auto-generation with its own facility for procuring electric power in deregulated electricity market. In the beginning we proposed two approaches to solve the stochastic dynamic programming, and they are a Monte Carlo simulation method and a finite difference method to derive the solution of a partial differential equation of the total procurement cost of electric power. Finally we discussed the influences of the price uncertainty on optimal strategies of power procurement.

Estimation of Leak Rate Through Cracks in Bimaterial Pipes in Nuclear Power Plants

Directory of Open Access Journals (Sweden)

Jai Hak Park

2016-10-01

Full Text Available The accurate estimation of leak rate through cracks is crucial in applying the leak before break (LBB concept to pipeline design in nuclear power plants. Because of its importance, several programs were developed based on the several proposed flow models, and used in nuclear power industries. As the flow models were developed for a homogeneous pipe material, however, some difficulties were encountered in estimating leak rates for bimaterial pipes. In this paper, a flow model is proposed to estimate leak rate in bimaterial pipes based on the modified Henry–Fauske flow model. In the new flow model, different crack morphology parameters can be considered in two parts of a flow path. In addition, based on the proposed flow model, a program was developed to estimate leak rate for a crack with linearly varying cross-sectional area. Using the program, leak rates were calculated for through-thickness cracks with constant or linearly varying cross-sectional areas in a bimaterial pipe. The leak rate results were then compared and discussed in comparison with the results for a homogeneous pipe. The effects of the crack morphology parameters and the variation in cross-sectional area on the leak rate were examined and discussed.

Environment-friendly type energy and coordinated community development project. Feasibility study for industrialization of high efficiency waste-fired power generation system using CSD and other wastes; Kankyo chowagata energy community keisei sokushin. Kokoritsu haikibutsu hatsuden (CSD nado haikibutsu riyo) jigyoka FS chosa

Energy Technology Data Exchange (ETDEWEB)

NONE

1996-03-01

This report presents the feasibility of enterprise on power generation by thermal recycle and selling power together with volume reduction, de-harming (de-toxification) and stabilization of the shredder dust. Contents of the study include the investigation of generation amount of car shredder dust (CSD) and its properties, trial design of high efficiency power generation facilities, selection of boiler tube materials, incineration test with a melting kiln test plant, disposal and effective use of melted slag and fly ash, and environmental impact assessment. The capacity of waste disposal in the trial design contains 1,140 ton/day of shredder dust, 60 ton/day of waste plastics, sludge and waste paper, and 130 ton/day of waste oil. Melting kiln with secondary combustion chamber was adopted as the incineration type. The high temperature and high pressure waste heat boiler with an extraction condensing turbine was adopted as the waste heat recovery and power generation type. Stable combustion was confirmed from the results using a test plant. According to the consideration of cost and unit cost results for wholesale power supply, if it is postulated that income for waste disposal is 12,000 yen/ton, power generation costs in excess power selling and wholesales are 6.4 yen/kWh and 9.1 yen/kWh, respectively. 67 figs., 48 tabs.

The effects of forecast errors on the merchandising of wind power; Auswirkungen von Prognosefehlern auf die Vermarktung von Windstrom

Energy Technology Data Exchange (ETDEWEB)

Roon, Serafin von

2012-02-28

A permanent balance between consumption and generation is essential for a stable supply of electricity. In order to ensure this balance, all relevant load data have to be announced for the following day. Consequently, a day-ahead forecast of the wind power generation is required, which also forms the basis for the sale of the wind power at the wholesale market. The main subject of the study is the short-term power supply, which compensates errors in wind power forecasting for balancing the wind power forecast errors at short notice. These forecast errors effects the revenues and the expenses by selling and buying power in the day-ahead, intraday and balance energy market. These price effects resulting from the forecast errors are derived from an empirical analysis. In a scenario for the year 2020 the potential of conventional power plants to supply power at short notice is evaluated from a technical and economic point of view by a time series analysis and a unit commitment simulation.

Food loss rate in food supply chain using material flow analysis.

Science.gov (United States)

Ju, Munsol; Osako, Masahiro; Harashina, Sachihiko

2017-03-01

The food loss rate is a factor that represents food consumption efficiency. To improve food consumption efficiency, we need to fundamentally quantify food loss at national and global levels. This study examines food and food waste flow and calculates the food loss rate in the food supply chain by targeting Japan. We analyzed inedible food waste and avoidable food losses in wholesale, manufacturing, retail, food services, and households and considered different supply chain pathways, different food categories representing whole Japanese meals, and weight changes after cooking. The results are as follows: (1) Japan has an overall rate of avoidable food losses of approximately 15% for meals (excluding agricultural losses), (2) the supply sector with the highest food loss rate is food services, and (3) the food category with the highest food loss rate is vegetables. Finally, we proposed a model for calculating food loss rates that could be used for future analysis in Japan or other countries. Copyright © 2017 Elsevier Ltd. All rights reserved.

75 FR 76727 - Evergreen Wind Power III, LLC; Supplemental Notice that Initial Market-Based Rate Filing Includes...

Science.gov (United States)

2010-12-09

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. ER11-2201-000] Evergreen Wind Power III, LLC; Supplemental Notice that Initial Market-Based Rate Filing Includes Request for... proceeding of Evergreen Wind Power III, LLC's application for market-based rate authority, with an...

Demand side management in a day-ahead wholesale market: A comparison of industrial & social welfare approaches

International Nuclear Information System (INIS)

Jiang, Bo; Farid, Amro M.; Youcef-Toumi, Kamal

2015-01-01

Highlights: • We compare two demand side management in a day-ahead electricity wholesale market. • We develop and reconcile social welfare & industrial DSM mathematical models. • We show the industrial netload has an additional forecast quantity of baseline. • We analytically and numerically show the model equivalence with accurate baseline. • We numerically demonstrate the baseline errors lead to higher and costlier dispatch. - Abstract: The intermittent nature of renewable energy has been discussed in the context of the operational challenges that it brings to electrical grid reliability. Demand side management (DSM) with its ability to allow customers to adjust electricity consumption in response to market signals has often been recognized as an efficient way to mitigate the variable effects of renewable energy as well as to increase system efficiency and reduce system costs. However, the academic & industrial literature have taken divergent approaches to DSM implementation. While the popular approach among academia adopts a social welfare maximization formulation, the industrial practice compensates customers according to their load reduction from a predefined electricity consumption baseline that would have occurred without DSM. This paper rigorously compares these two different approaches in a day-ahead wholesale market context analytically and in a test case using the same system configuration and mathematical formalism. The comparison of the two models showed that a proper reconciliation of the two models might make them mitigate the stochastic netload in fundamentally the same way, but only under very specific conditions which are rarely met in practice. While the social welfare model uses a stochastic net load composed of two terms, the industrial DSM model uses a stochastic net load composed of three terms including the additional baseline term. DSM participants are likely to manipulate the baseline in order to receive greater financial

Inner conflict between nuclear power generation and electricity rates: A Japanese case study

International Nuclear Information System (INIS)

Ida, Takanori; Takemura, Kosuke; Sato, Masayuki

2015-01-01

Since the March 11 earthquake, Japanese households have been facing a trade-off problem between decreasing dependency on nuclear power generation and avoiding an increase in electricity rates. We analyze this inner conflict quantitatively, adopting two economic–psychological approaches: First, we note that the trade-off causes cognitive dissonance after making a choice that results in a wider desirability gap between the chosen and rejected alternatives. Second, the consumer surplus improves by 11.2% with a no-choice option for suspending judgment in the presence of cognitive dissonance. Third, individual characteristics such as gender and annual household income are significantly correlated with both cognitive dissonance and a preference for the no-choice option. - Highlights: • The Fukushima crisis shocked Japanese citizens' attitudes on nuclear power plants. • Citizens' attitudes toward nuclear power generation and electricity rates surveyed • The trade-off caused cognitive dissonance resulting in a hardline stance. • The consumer surplus improves with a no-choice option for suspending judgment

Energy Storage Requirements for PV Power Ramp Rate Control in Northern Europe

Directory of Open Access Journals (Sweden)

Julius Schnabel

2016-01-01

Full Text Available Photovoltaic (PV generators suffer from fluctuating output power due to the highly fluctuating primary energy source. With significant PV penetration, these fluctuations can lead to power system instability and power quality problems. The use of energy storage systems as fluctuation compensators has been proposed as means to mitigate these problems. In this paper, the behavior of PV power fluctuations in Northern European climatic conditions and requirements for sizing the energy storage systems to compensate them have been investigated and compared to similar studies done in Southern European climate. These investigations have been performed through simulations that utilize measurements from the Tampere University of Technology solar PV power station research plant in Finland. An enhanced energy storage charging control strategy has been developed and tested. Energy storage capacity, power, and cycling requirements have been derived for different PV generator sizes and power ramp rate requirements. The developed control strategy leads to lesser performance requirements for the energy storage systems compared to the methods presented earlier. Further, some differences on the operation of PV generators in Northern and Southern European climates have been detected.

PURCHASING POWER PARITY INFLUENCE ON REAL EXCHANGE RATE BEHAVIOR IN ROMANIA