WorldWideScience

Sample records for electric utility competitiveness

  1. Competition in the electric utility sector?

    International Nuclear Information System (INIS)

    Olsen, O.J.; Fristrup, P.; Munksgaard, J.; Skytte, K.

    2000-01-01

    The book analyses some important problems for the liberaliaction of the electricity market in Denmark and its neighbouring countries. Will the competition and its potential for a more cost-effective electric supply be prevented by the electric companies' many possibilities to utilize market power? Can competition be combined with ambitious energy policy aims about reducing the environmental impacts of the electric supply? Does the Danish tradition for consumer ownership constitute an important supplement to the protection of the smaller consumers in a world of international competition? The intention with the book is not to take concrete position to the many topical problems in the Danish political discussion of restructurns of the electric sector, but to give a theoretical analysis to understand and analyse the development. On this basis the conclusion is, that the competition will work even in combination with ambitious environmental aims. (EHS)

  2. Deregulation and competition in the electric utility marketplace

    International Nuclear Information System (INIS)

    Allen, J.E.

    1995-01-01

    This paper addresses the impact of deregulation and competition in the electric utility marketplace as an extension of the deregulation of the airlines, and natural gas, telephone and trucking industries. The topics of the paper include the events and circumstances leading to deregulation, those involved in the competition, and a scenario for how the industry will develop over the next 20 years

  3. Electric-utility DSM programs in a competitive market

    Energy Technology Data Exchange (ETDEWEB)

    Hirst, E.

    1994-04-01

    During the past few years, the costs and effects of utility demand-side management (DSM) programs have grown sharply. In 1989, US electric utilities spent 0.5% of revenues on such programs and cut total electricity consumption by 0.6%. By 1992, these numbers had increased to 1.3% and 1.2%, respectively. Utility projections, as of early 1993, of DSM expenditures and energy savings for 1997 were 1.7% and 2.5%, respectively. Whether this projected growth comes to pass may depend on current debates about deregulation of, and increased competition in, the electric-utility industry. This report examines the factors likely to affect utility DSM programs in a more competitive environment. The electric-utility industry faces two forces that may conflict with each other. One is the pressure to open up both wholesale and retail markets for competition. The net effect of such competition, especially at the retail level, would have much greater emphasis on electricity prices and less emphasis on energy services. Such an outcome would force a sharp reduction in the scale of DSM programs that are funded by customers in general. The second force is increased concern about environmental quality and global warming. Because utilities are major contributors to US carbon dioxide emissions, the Administration`s Climate Change Action Plan calls on utilities to reduce such emissions. DSM programs are one key way to do that and, in the process, to cut customer electric bills and improve economic productivity. This report discusses the forms of competition and how they might affect DSM programs. It examines the important roles that state regulatory commissions could play to affect retail competition and utility DSM programs. The report also considers the effects of DSM programs on retail electricity prices.

  4. DSM and electric utility competitiveness: An Illinois perspective

    Energy Technology Data Exchange (ETDEWEB)

    Jackson, P.W.

    1994-12-31

    A predominant theme in the current electric utility industry literature is that competitive forces have emerged and may become more prominent. The wholesale bulk power market is alreadly competitive, as non-utility energy service providers already have had a significant impact on that market; this trend was accelerated by the Energy Policy Act of 1992. Although competition at the retail level is much less pervasive, electric utility customers increasingly have greater choice in selecting energy services. These choices may include, depending on the customer, the ability to self-generate, switch fuels, move to a new location, or rely more heavily on demand-side management as a means of controlling electric energy use. This paper explores the subject of how demand-side management (DSM) programs, which are often developed by a utility to satisfy resource requirements as a part of its least-cost planning process, can affect the utility`s ability to compete in the energy services marketplace. In this context, the term `DSM` is used in this paper to refer to those demand-side services and programs which provide resources to the utility`s system. Depending on one`s perspective, DSM programs (so defined) can be viewed either as an enhancement to the competitive position of a utility by enabling it to provide its customers with a broader menu of energy services, simultaneously satisfying the objectives of the utility as well as those of the customers, or as a detractor to a utility`s ability to compete. In the latter case, the concern is with respect to the potential for adverse rate impacts on customers who are not participants in DSM programs. The paper consists of an identification of the pros and cons of DSM as a competitive strategy, the tradeoff which can occur between the cost impacts and rate impacts of DSM, and an examination of alternative strategies for maximizing the utilization of DSM both as a resource and as a competitive strategy.

  5. DSM and electric utility competitiveness: An Illinois perspective

    International Nuclear Information System (INIS)

    Jackson, P.W.

    1994-01-01

    A predominant theme in the current electric utility industry literature is that competitive forces have emerged and may become more prominent. The wholesale bulk power market is alreadly competitive, as non-utility energy service providers already have had a significant impact on that market; this trend was accelerated by the Energy Policy Act of 1992. Although competition at the retail level is much less pervasive, electric utility customers increasingly have greater choice in selecting energy services. These choices may include, depending on the customer, the ability to self-generate, switch fuels, move to a new location, or rely more heavily on demand-side management as a means of controlling electric energy use. This paper explores the subject of how demand-side management (DSM) programs, which are often developed by a utility to satisfy resource requirements as a part of its least-cost planning process, can affect the utility's ability to compete in the energy services marketplace. In this context, the term 'DSM' is used in this paper to refer to those demand-side services and programs which provide resources to the utility's system. Depending on one's perspective, DSM programs (so defined) can be viewed either as an enhancement to the competitive position of a utility by enabling it to provide its customers with a broader menu of energy services, simultaneously satisfying the objectives of the utility as well as those of the customers, or as a detractor to a utility's ability to compete. In the latter case, the concern is with respect to the potential for adverse rate impacts on customers who are not participants in DSM programs. The paper consists of an identification of the pros and cons of DSM as a competitive strategy, the tradeoff which can occur between the cost impacts and rate impacts of DSM, and an examination of alternative strategies for maximizing the utilization of DSM both as a resource and as a competitive strategy

  6. Why electric utilities and affiliates are handicapped in a partly regulated and partly competitive environment

    Energy Technology Data Exchange (ETDEWEB)

    St.Marie, S.M.

    1999-11-01

    As the electric utility industry continues to go through the process of restructuring, utilities are finding themselves operating not only as regulated entities but also as firms that compete for customers and sales. Some services, including services associated with distribution, are being unbundled or peeled off from the core of operations and, where possible, are being opened to competition. But these partly regulated and partly competitive areas are treacherous for utilities and their affiliates, who will be handicapped in their competitive efforts and subject to constraints not placed on their competitors. There are good reasons why such difficulties should be expected. And there are guidelines for pricing and competitive positioning that can assist in avoiding the worst problems. The first step is to recognize the archetypes of the regulated electric distribution utility and the competitive firm. In plotting their deregulation strategies, utilities and their affiliates must recognize that they will continue to be disadvantaged by regulators who are more concerned with keeping them in check than freeing them to compete.

  7. Why electric utilities and affiliates are handicapped in a partly regulated and partly competitive environment

    International Nuclear Information System (INIS)

    St Marie, S.M.

    1999-01-01

    As the electric utility industry continues to go through the process of restructuring, utilities are finding themselves operating not only as regulated entities but also as firms that compete for customers and sales. Some services, including services associated with distribution, are being unbundled or peeled off from the core of operations and, where possible, are being opened to competition. But these partly regulated and partly competitive areas are treacherous for utilities and their affiliates, who will be handicapped in their competitive efforts and subject to constraints not placed on their competitors. There are good reasons why such difficulties should be expected. And there are guidelines for pricing and competitive positioning that can assist in avoiding the worst problems. The first step is to recognize the archetypes of the regulated electric distribution utility and the competitive firm. In plotting their deregulation strategies, utilities and their affiliates must recognize that they will continue to be disadvantaged by regulators who are more concerned with keeping them in check than freeing them to compete

  8. Implications of the Ontario government's white paper and competition strategies for Ontario's municipal electric utilities

    International Nuclear Information System (INIS)

    Wills, D.L.

    1998-01-01

    The strategies that Municipal Electric Utilities (MEU) should follow to deal with competition were discussed. North Bay Hydro is the 34th largest MEU out of 300 in Ontario but it serves only 23,000 out of 4 million electrical customers in Ontario. Therefore, the main strategy for municipal utilities to ensure their future would be to become part of an alliance and association like the MEA and the SAC - the Strategic Alliance for Competition and Customer Choice. Strong criticism was voiced regarding the contents of the recent Ontario Government White Paper for being vague with regard to electrical distribution and the role of MEUs in Ontario. It was suggested that it is vitally important that MEUs ally themselves with other stakeholders, to resist an Ontario Hydro monopoly, to make sure that prices stay low, to avoid excessive debt and bureaucratic inefficiency, be innovative, and consumer oriented and be prepared to anticipate events and conditions. 3 figs

  9. Regulation and competition in public utilities: Electric utility management in Italy and other industrialized countries

    International Nuclear Information System (INIS)

    Fraquelli, G.

    1992-01-01

    In industrialized countries, electric power has become a vital energy resource requiring significant efforts on the part of national institutions to establish and maintain sound management and energy supply strategies. The situation in Italy reflects world trends in that electric power in this country now accounts for over one-third of total energy consumption and this percentage is expected to increase steadily through to the year 2000. This endorsement of electric power is having a strong impact on quality of life and on international relations as Italy, in order to ensure security of energy supplies, is actively pursuing of strategy of energy source and supplier diversification. With reference to recent proposals, in line with European Communities free market strategies, to deregulate the Italian electric power industry, this paper briefly analyzes the current institutional nature of ENEL (the Italian National Electricity Board) and compares the Italian electric power industry and market situation with that of Japan and the USA. The various aspects taken into consideration include investment, rate structure, quality of service, management methods and competition. An analysis is made of the most pressing difficulties currently troubling ENEL and suggestions are made as to the best courses of action to be taken

  10. Stimulating utilities to promote energy efficiency: Process evaluation of Madison Gas and Electric's Competition Pilot Program

    Energy Technology Data Exchange (ETDEWEB)

    Vine, E.; De Buen, O.; Goldfman, C.

    1990-12-01

    This report describes the process evaluation of the design and implementation of the Energy Conservation Competition Pilot (hereafter referred to as the Competition), ordered by the Public Service Commission of Wisconsin (PSCW) with a conceptual framework defined by PSCW staff for the Madison Gas and Electric (MGE) Company. This process evaluation documents the history of the Competition, describing the marketing strategies adopted by MGE and its competitors, customer service and satisfaction, administrative issues, the distribution of installed measures, free riders, and the impact of the Competition on MGE, its competitors, and other Wisconsin utilities. We also suggest recommendations for a future Competition, compare the Competition with other approaches that public utility commissions (PUCs) have used to motivate utilities to promote energy efficiency, and discuss its transferability to other utilities. 48 refs., 8 figs., 40 tabs.

  11. The evolution of the status of local electric and gas utilities in a competitive environment

    International Nuclear Information System (INIS)

    Nivault, S.

    2004-06-01

    With the establishment of a common gas and electricity market, the early 21. century is marked by important transformations in the public energy service. Directives 96/92 and 98/30, and directives 2003/54 and 2003/55, make important changes in the regulations concerning gas and electricity activates. In France, the Electricity Act 2000 (10/02/2000) and the Gas Act 2003 (03/01/2003) partially opened the public sector power distribution system to competition. These new rules will drastically modify all operators situations, including that of french local distributors (such as the 'regies', the 'SEML', or the 'SICAE or other cooperatives') who have always been, since being left out of the nationalization process, in a monopolistic situation. In order to succeed in the transition towards a free market economy, french local distributors will have to evolve from their network operator status to that of market operator by renewing their structural organisation and diversifying their activities. (author)

  12. Competition in electricity markets

    International Nuclear Information System (INIS)

    Taylor, W.

    1996-01-01

    This article examines expanded wholesale and retail competition and the effect that they are likely to have on the electric power industry. The author believes that expanded wholesale competition is good and will bring immediate benefit to all electric consumers; however, based on the experience of the natural gas industry and the electric power industry in California and other parts of the world, the author counsels caution in moving toward expanded retail competition

  13. Electricity prices in a competitive environment: Marginal cost pricing of generation services and financial status of electric utilities. A preliminary analysis through 2015

    International Nuclear Information System (INIS)

    1997-08-01

    The emergence of competitive markets for electricity generation services is changing the way that electricity is and will be priced in the United States. This report presents the results of an analysis that focuses on two questions: (1) How are prices for competitive generation services likely to differ from regulated prices if competitive prices are based on marginal costs rather than regulated open-quotes cost-of-serviceclose quotes pricing? (2) What impacts will the competitive pricing of generation services (based on marginal costs) have on electricity consumption patterns, production costs, and the financial integrity patterns, production costs, and the financial integrity of electricity suppliers? This study is not intended to be a cost-benefit analysis of wholesale or retail competition, nor does this report include an analysis of the macroeconomic impacts of competitive electricity prices

  14. Electricity prices in a competitive environment: Marginal cost pricing of generation services and financial status of electric utilities. A preliminary analysis through 2015

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1997-08-01

    The emergence of competitive markets for electricity generation services is changing the way that electricity is and will be priced in the United States. This report presents the results of an analysis that focuses on two questions: (1) How are prices for competitive generation services likely to differ from regulated prices if competitive prices are based on marginal costs rather than regulated {open_quotes}cost-of-service{close_quotes} pricing? (2) What impacts will the competitive pricing of generation services (based on marginal costs) have on electricity consumption patterns, production costs, and the financial integrity patterns, production costs, and the financial integrity of electricity suppliers? This study is not intended to be a cost-benefit analysis of wholesale or retail competition, nor does this report include an analysis of the macroeconomic impacts of competitive electricity prices.

  15. Alberta's new competitive electricity system

    International Nuclear Information System (INIS)

    Hancher, L.

    1996-01-01

    The shape, speed and direction of further reforms in Alberta's electric power industry were forecast, following the introduction of a competitive framework for the industry, the first province to do so in Canada, effective January 1996. This study reviews the previously existing system ( a mix of investor-owned and municipally-owned utilities), as well as the proposed new structure as laid out in the new Electric Utilities Act, based on the three principles of unbundling, a competitive power pool and open system access transmission. The paper also reviewed some of the major issues that will have to be faced in the future, such as how to deal with market power and possible collusion between the generators to hold prices down, a problem that has been the well-known failing of the U.K. pool mechanism

  16. 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

  17. Competition in the electric industry

    International Nuclear Information System (INIS)

    Jones, Mel

    1998-01-01

    Deregulation of the electric power industry is changing the 'personality' of utilities and the way they operate in order to survive in a more competitive marketplace. This paper will identify and discuss key issues NAC International believes will arise as the nuclear industry responds to deregulation. The regulatory treatment of such issues as retail wheeling, recovery of stranded costs, divestiture of assets and securitization will have a significant impact on how utilities, particularly those with nuclear assets, proceed into the new marketplace. While some will survive as a result of innovative thinking, cost control, and entrance into new niche markets, others will be forced to reassess their viability altogether. Increased mergers and acquisitions and early plant closures are potential consequences of these struggles. Meanwhile, innovative companies will develop and enter into new nuclear markets including most notably the acquisition of generating assets. Other key drivers that will significantly impact the competitiveness of nuclear versus other fuels will be the resolution of the nuclear waste issue, the reduction of O and M and decisions regarding whether to make expensive capital additions. Additionally, this paper will present an overview of key regulatory and legislative initiatives impacting electricity. Finally, this paper will examine the roles of regulating bodies such as the Nuclear Regulatory Commission, Federal Energy Regulatory Commission, and state utility commissions, and will provide an outlook for further legislative and regulatory actions in this competitive environment. (author)

  18. Electric utilities in 2007

    Energy Technology Data Exchange (ETDEWEB)

    Hyman, L.S. [Smith Barney Inc., New York, NY (United States)

    1998-10-01

    A century ago--in the year J.J. Thomson discovered the electron--electricity, gas and traction companies battled for markets, and corrupt city councils demanded their fair share of the take. One tycoon became so disgusted with the confusion and dishonesty that he decided to bribe the legislature to set up an honest, state-run regulatory agency that would bring order to chaos. But he was found out. The scandal set back the cause of regulation until 1907, the year in which the electric washing machine and the vacuum cleaner were invented. By then, electricity sales had septupled from 1897 levels, and three states had established utility regulation. In the coming decade, 1997 to 2007, the utility business could undergo similar dramatic change, but it will move toward less regulation and more competition during a period of slow growth. Management will have to work harder to achieve success, however, because much of the profits will have to come not from a growing market but from the pockets of competitors. By 2007, electricity will constitute a component of a larger energy and utility services industry that sells electricity, natural gas and possibly water, propane and telecommunications. Customized service will meet the needs of consumers of all sizes. The dominant firm in the industry, the virtual utility, may look more like a financial organization or a mass marketer than the traditional converter of raw material to energy. Emphasis on market-based pricing should lead to more efficient use of resources. If the process works right, the consumer wins.

  19. Utility regulation and competition policy

    International Nuclear Information System (INIS)

    Robinson, Colin

    2002-03-01

    Contents: 1. The New Electricity Trading Arrangements in England and Wales: A Review - David Currie, 2. A Critique of Rail Regulation - Dieter Helm, 3. Moving to a Competitive Market in Water - Colin Robinson, 4. The New Gas Trading Arrangements - George Yarrow, 5. A Review of Privatization and Regulation Experience in Britain - Irwin M. Stelzer, 6. Converging Communications: Implications for Regulation - Mark Armstrong, 7. Opening European Electricity and Gas Markets - Graham Shuttleworth, 8. Concurrency or Convergence? Competition and Regulation Under the Competition Act 1998 - Tom Sharpe QC, 9. Ten Years of European Merger Control - Paul Seabright. (Author)

  20. Long-term consequences of selected competitive strategies during deregulation of the United States electric utility industry: System dynamics modeling and simulation

    Science.gov (United States)

    Khalil, Yehia Fahim

    Currently, U.S. investor-owned utilities (IOUs) are facing major reforms in their business environment similar to the airlines, telecommunications, banking, and insurance industries. As a result, IOUs are gearing up for fierce price competition in the power generation sector, and are vying for electricity customers outside their franchised service territories. Energy experts predict that some IOUs may suffer fatal financial setbacks (especially those with nuclear plants), while others may thrive under competition. Both federal and state energy regulators anticipate that it may take from five to ten years to complete the transition of America's electric utility industry from a regulated monopoly to a market-driven business. During this transition, utility executives are pursuing aggressive business strategies to confront the upcoming price wars. The most compelling strategies focus on cutting operation and maintenance (O&M) costs of power production, downsizing the work force, and signing bilateral energy agreements with large price-sensitive customers to retain their business. This research assesses the impact of the three pivotal strategies on financial performance of utilities during transition to open market competition. A system-dynamics-based management flight simulator has been developed to predict the dynamic performance of a hypothetical IOU organization preparing for market competition. The simulation results show that while the three business strategies lead to short-lived gains, they also produce unanticipated long-term consequences that adversely impact the organization's operating revenues. Generally, the designed flight simulator serves as a learning laboratory which allows management to test new strategies before implementation.

  1. Designing competitive electricity markets

    International Nuclear Information System (INIS)

    Chao, H.P.; Huntington, H.

    1998-01-01

    This volume of papers, originally presented at Stanford in March 1997 in a conference sponsored by the Electric Power Research Institute, examines several questions about the restructuring and deregulation of electricity markets. Its stated goal is to present guiding principles for evaluating proposals to restructure the US electric power industry. While a collection of essays is perhaps not the best place to lay out guiding principles, the volume does contain a great deal of learning about restructuring. The first essay is a reprint of Paul Joskow's excellent article in the ''Journal of Economic Perspectives''. An essay by William Hogan on the debate between zonal and locational pricing is next. Paul Kleindorfer lists the various governance schemes which other countries that have restructured have used to govern system operation, access to the market for power, and transmission ownership and pricing. One difficulty with the book, as well as the debate in the US, is that it fails to draw adequately upon the international experience. Shmuel Oren lays out the potential areas over which an ISO could have authority. The chapter by Stephen Rassenti and Vernon Smith that bilateral trading should never be allowed, implying that a mandatory pool should be established. A reduction in regulation may increase the incentives for technological innovation. Martin Baughman suggests a number of ways by which costs of transmitting and storing electricity may be reduced. Robert Wilson returns to the volume with a chapter on institutional design. To end the volume, Hung-Po Chao and Stephen Peck present an extension of their earlier work in the ''Journal of Regulatory Economics'' showing how markets for transmission rights would work in a transmission grid of three points

  2. Alberta's electricity policy framework : competitive, reliable, sustainable

    International Nuclear Information System (INIS)

    2005-01-01

    This paper described public policies in Alberta that are implemented to create an electric power industry that is competitive, reliable and sustainable. The success of Alberta's competitive electric market framework can be attributed to new investment in the industry along with new players participating in the electricity market. The Alberta Department of Energy is committed to a competitive wholesale market model and to competitively-priced electricity. The Alberta Energy and Utilities Board supports the development of Alberta's vast resource base and facilitates power generation development and support through transmission development and an interconnected transmission system. A wholesale market Policy Task Force was established in 2005 to review the progress in Alberta's electric market design and its competitive retail market. This paper outlines a policy framework which addresses design of the regulated rate option post July 1, 2006; short-term adequacy; and long-term adequacy. Other inter-related market issues were also discussed, such as operating reserves market, transmission services, interties, demand response, balancing pool assets, credit, market power mitigation, and wind generation. It is expected that the recommendations in this paper will be implemented as quickly as possible following amendments to regulations or ISO rules. tabs., figs.

  3. Electricity competition and clean air

    International Nuclear Information System (INIS)

    Gibbons, J.; Bjorkquist, S.

    1998-04-01

    The government of Ontario plans to establish a competitive market for the generation and sale of electricity by the year 2000, at which time Ontario Hydro will lose its monopoly. The government's rationale for moving to a competitive electricity market and the details of why this move could lead to a significant increase in air pollution was discussed. An overview of the health and environmental effects of electricity related air pollution was presented and the current national and provincial air quality objectives were outlined. The government of Ontario has promised that in implementing a competitive electricity market it will ensure that the province's environmental protection record is maintained and improved. It was suggested that in order to fulfill this commitment, new environmental regulations should be established to ensure that Ontario's total electricity-related emissions will decline when competition begins. Currently, air pollution from coal-fired power generating stations causes some of Ontario's most challenging health and environmental problems. Coal-fired generation stations are also major contributors to the build-up of greenhouse gases in the atmosphere. 74 refs., 2 tabs., 2 figs

  4. Risk management in a competitive electricity market

    International Nuclear Information System (INIS)

    Liu, Min; Wu, Felix F.

    2007-01-01

    In a competitive electricity market, it is necessary and important to develop an appropriate risk management scheme for trade with full utilization of the multi-market environment in order to maximize participants' benefits and minimize the corresponding risks. Based on the analyses to trading environments and risks in the electricity market, a layered framework of risk management for electric energy trading is proposed in this paper. Simulation results confirmed that trading among multiple markets is helpful to reduce the complete risk, and VaR provides a useful approach to judge whether the formed risk-control scheme is acceptable. (author)

  5. Electricity market dynamics: Oligopolistic competition

    International Nuclear Information System (INIS)

    Gutierrez-Alcaraz, G.; Sheble, Gerald B.

    2006-01-01

    Presently, electricity markets are characterized by a small number of suppliers with distributed resources. These market suppliers can easily be identified because their geographic location is known. Essentially, two or three of them compete for leading the market whereas the rest of them follow. Hence, it is necessary to study the market structure as ologopolistic competition rather than perfect competition. This paper studies market producer decisions in a dynamic sequential framework by using discrete event system simulation (DESS) also known as discrete control theory. Two-player ologopolistic market structure is presented in this paper. (author)

  6. Electric utility report '80

    International Nuclear Information System (INIS)

    Anon.

    1980-01-01

    A collection of brief atricles describes the trends and developments in Canada's electric utilities for the 1980's. Generating stations planned or under construction are listed. The trends in technology discused at a recent Canadian Electrical Association meeting are summarized in such areas as turbine stability control, power line vibration control, system reliability, substations and transformer specifications. Developments in nuclear generation are discussed and compared on the world scale where Japan, for example, has the world's largest nuclear program. Progress on fusion is discussed. In Canada the electric utilities are receiving the support of the comprehensive nuclear R and D program of Atomic Energy of Canada Ltd. New innovations in utility technology such as street lighting contactors, superconductive fault limiters and demand profile analyzers are discussed. (T.I.)

  7. Retail competition in electricity markets

    International Nuclear Information System (INIS)

    Defeuilley, Christophe

    2009-01-01

    The introduction of competition into retail electricity supply gave rise to great expectations. However, to date, its performance has proven less than stellar, owing primarily to the theoretical concepts underpinning this reform, which draw heavily on the Austrian school. Neither consumers' decision processes nor this sector's technical paradigm were adequately accounted for, leading to an uncorrect estimation of the expected impact of opening to competition. Short- and medium-term prospects for the evolution of retail markets must be reconsidered from the perspective of greater stability: not a generalization of competition, but rather a persistent segmentation between active and inactive clients; not a large and rapid diffusion of radical innovations in commercialisation, with the potential for undermining the incumbents' positions

  8. Retail competition in electricity markets

    Energy Technology Data Exchange (ETDEWEB)

    Defeuilley, Christophe [LARSEN and EDF R and D, Fontenay aux Roses (France)

    2009-02-15

    The introduction of competition into retail electricity supply gave rise to great expectations. However, to date, its performance has proven less than stellar, owing primarily to the theoretical concepts underpinning this reform, which draw heavily on the Austrian school. Neither consumers' decision processes nor this sector's technical paradigm were adequately accounted for, leading to an uncorrect estimation of the expected impact of opening to competition. Short- and medium-term prospects for the evolution of retail markets must be reconsidered from the perspective of greater stability: not a generalization of competition, but rather a persistent segmentation between active and inactive clients; not a large and rapid diffusion of radical innovations in commercialisation, with the potential for undermining the incumbents' positions. (author)

  9. Electric utilities in Illinois

    Energy Technology Data Exchange (ETDEWEB)

    1978-01-01

    Although the conference dealt specifically with concerns of the electric utilities in Illinois, the issues were dealt with in the national context as well. A separate abstract was prepared for each of the 5 sections of this proceeding. A total of 25 papers were presented. Section titles are: Forecasting, Planning and Siting, Reliability, Rates and Financing, and Future Developments.

  10. Transforming your Municipal Electric Utility

    International Nuclear Information System (INIS)

    Harper, P.

    1999-01-01

    A series of overhead viewgraphs accompanied this presentation which focused on what municipalities should and can do to prepare for a competitive energy market in Ontario. Particular attention was given to business strategies, restructuring and transformation of the Municipal Electric Utilities (MEU). Issues and questions regarding ownership were also discussed. Each municipality will have to decide what is the most appropriate governance and organizational structure for their MEU. It was noted that one of the most contentious areas is refinancing and rate structures. Issues regarding merger or partnering options were also discussed. 1 tab

  11. Outlook for California's electric utility industry

    International Nuclear Information System (INIS)

    Frank, S.E.

    1996-01-01

    This article describes how the Southern California Edison Company deals with revolutionary change as the state's electricity industry reinvents itself. The topics of the article include how competition has make things better for SCEC's employees, customers, and shareholders, and an outline of the principal features of the electric utility industry in California

  12. Electric utilities strategies in final energy markets

    International Nuclear Information System (INIS)

    Bianchi, A.

    2000-01-01

    In rapidly changing markets, electric utilities pay growing attention to customers and service. They are aware that competition needs strategies capable of transforming and strengthening the privileged position resulting from the knowledge of the market. Moreover, this aspect is the link between different value chains to describe new multi utility approaches [it

  13. Electricity utilities: Nuclear sector

    International Nuclear Information System (INIS)

    Brosche, D.

    1992-01-01

    The safe and economic operation of nuclear power plants requires an appropriate infrastructure on the part of the operator as well as a high level of technical quality of the plants and of qualification of the personnel. Added to this are a variety of services rendered by specialist firms. The Bayernwerk utility, with plants of its own, has played a major role in the development of nuclear power in the Federal Republic of Germany. The importance of nuclear power to this firm is reflected in the pattern of its electricity sources and in the composition of its power plants. (orig.) [de

  14. Confidential data in a competitive utility environment: A regulatory perspective

    Energy Technology Data Exchange (ETDEWEB)

    Vine, E.

    1996-08-01

    Historically, the electric utility industry has been regarded as one of the most open industries in the United States in sharing information but their reputation is being challenged by competitive energy providers, the general public, regulators, and other stakeholders. As the prospect of competition among electricity power providers has increased in recent years, many utilities have been requesting that the data they submit to their utility regulatory commissions remain confidential. Withholding utility information from the public is likely to have serious and significant policy implications with respect to: (1) consumer education, the pursuit of truth, mutual respect among parties, and social cooperation; (2) the creation of a fair market for competitive energy services; (3) the regulatory balance; (4) regional and national assessments of energy-savings opportunities; (5) research and development; and (6) evaluations of utility programs, plans, and policies. In a telephone survey of all public utility commissions (PUCs) that regulate electric and gas utilities in the U.S., we found that almost all PUCs have received requests from utility companies for data to be filed as confidential, and confidential data filings appear to have increased (both in scope and in frequency) in those states where utility restructuring is being actively discussed. The most common types of data submitted as confidential by utilities dealt with specific customer data, market data, avoided costs, and utility costs.

  15. New competition hits the U.S. electric industry

    International Nuclear Information System (INIS)

    Hunter, M.

    1993-01-01

    Three case studies of competition in the United States electric industry are described which illustrate some of the most striking characteristics of the new competitive situation: utilities foraging in other service areas for long-term customers, customers playing one service-area's pricing against another to obtain better terms, and new generating entities being created with the option of seeking mandated transmission access. The trends illustrated by these studies indicate a move away from a regulated monopoly setting toward a market in which the price of bulk electricity is driven down toward the long-run marginal cost of the service. In New England, non-utility generation in 1992 accounted for 17% of electricity sales, up from essentially zero in 1980. Although increasing competition among electric utilities could lower electric power prices and improve industrial competitiveness, there are several concerns which may signify unpleasant outcomes for electric utilities. These concerns include inefficient investment, in which local utility grids are bypassed in favor of other generating units whose competitive advantage may be the result of arbitrary cost-shifting; the exit of large power users placing more of a fixed-cost burden on the remaining customers of a utility, resulting in a vicious spiral of more defections; and insecurities in purchasing power from a new supplier who may not be subject to the same legal obligations as a local utility. Recommendations are made for accommodating more competition without causing adverse effects, including proper pricing of transmission, helping utilities compete on generation, and avoiding non-electric mandates for utilities. 9 refs

  16. Capacity competition in electricity markets

    International Nuclear Information System (INIS)

    Crampes, Claude; Creti, Anna

    2005-01-01

    The article analyzed a two-stage game where capacity constrained electricity generators first choose how much capacity they make available and then compete in a uniform-rice auction. It is studied how capacity withholding can be used strategically to enforce market power and how uniform auctions in the price game change the results of capacity constrained competition models. The uniform auction procedure gives strong incentives to capacity restriction. At equilibrium, however, power shortage never occurs. Though auctions in electricity markets have already been studied by several economists, yet an important feature of spot trading is the capacity availability decision. In fact, for technical reasons, such as equipment maintenance or failures, the installed capacity may not work at maximum operating level and the spot market rules oblige generators to announce which plants they are willing to use and simultaneously their offer prices. Beside technical reasons, the so-called 'capacity declarations' also offer a strategic instrument for firms: by restricting capacity, operators can benefit from scarcity rents. Assessing whether generators withhold capacity is an intriguing issue for real electricity markets, though proving it is a difficult task. Several theoretical papers show that generators are able to keep wholesale prices high as compared to their generation costs. In our model, a generator is not obliged to declare all installed capacity as available, but decides on the amount of MW of electricity that is available. Hence the available capacity is an endogenous variable while the installed one is exogenous. The distinction between installed capacities and 'available' capacities allows to explain clearly whether generators exert market power by declaring unavailable some production units. Although we find multiple sub game perfect equilibria that cannot be eliminated by Pareto-dominance, all the outcomes are characterized by market price at the highest

  17. Market research for electric utilities

    International Nuclear Information System (INIS)

    Shippee, G.

    1999-01-01

    Marketing research is increasing in importance as utilities become more marketing oriented. Marketing research managers need to maintain autonomy from the marketing director or ad agency and make sure their work is relevant to the utility's operation. This article will outline a model marketing research program for an electric utility. While a utility may not conduct each and every type of research described, the programs presented offer a smorgasbord of activities which successful electric utility marketers often use or have access to

  18. VT Electric Utility Franchise Areas

    Data.gov (United States)

    Vermont Center for Geographic Information — (Link to Metadata) ELCFRANCHISE includes Vermont's Electric Utility Franchise boundaries. It is a compilation of many data sources. The boundaries are approximate...

  19. Public utilities in networks: competition perspectives and new regulations

    International Nuclear Information System (INIS)

    Bergougnoux, J.

    2000-01-01

    This report makes first a status about the historical specificities, the present day situation and the perspectives of evolution of public utilities in networks with respect to the European directive of 1996 and to the 4 sectors of electricity, gas, railway transport and postal service. Then, it wonders about the new institutions and regulation procedures to implement to conciliate the public utility mission with the honest competition. (J.S.)

  20. Privatization of municipal electrical utilities

    International Nuclear Information System (INIS)

    Carr, J.

    1998-01-01

    The challenges and special issues which arise through the sale of a municipal electric utility were discussed. The recent sales of two utilities, the Kentville Electric Commission in Nova Scotia and Cornwall Electric in Ontario, were used as examples to show how the sale of an electric utility differs from the sale of most business enterprises. Municipal utilities are integral parts of the communities they serve which introduces several complexities into the sale. Factors that require special attention in the sale of the utilities, including electricity rates, local accountability, treatment of employees and local economic development, and the need for a comprehensive communication program to deal with the substantial public interest that sale of a municipal utility will engender, were reviewed

  1. Turmoil and transition: Electric utility industry trends

    International Nuclear Information System (INIS)

    1994-06-01

    In a review of electric utility industry trends, focusing on North America, it is noted that four critical influences are dominant: competition in the electricity supply business; technological advances; the recognized need for environmental protection; and a favoring of market economics and customer choice. As energy costs rose in the 1970s and 1980s, electricity usage growth rates decreased and demand side management became an accepted alternative to building new power plants. In large areas of Canada and the USA, substantial surplus generation capacity arose, transmission linkages improved, and regional electricity markets developed. Privatization measures in the British electric sector were closely studied in North America and electric markets in the USA were pushed toward more competition with the 1992 Energy Policy Act. Non-utility generators have entered the market, including industrial companies, pipeline companies, independent renewable-energy providers, and power companies set up by the utilities themselves. Power pools may evolve into regional transmission grids in which the transmission owning utilities would exchange their lines for an interest in the grid. California is likely to lead in opening access to transmission on a regional scale. Distribution systems are likely to remain a regulated monopoly as before. Substantial change is expected in customer services as functions such as power purchase and conservation are being performed by independent companies. Other possible developments in the industry include emissions trading and spot markets for power. The implications of these trends for British Columbia Hydro are discussed

  2. Environmental policies in competitive electricity markets

    NARCIS (Netherlands)

    Langestraat, R.

    2013-01-01

    In this thesis we model and analyze several environmental policies in an existing mathematical representation of a perfectly competitive electricity market. We contribute to the literature by theoretically and numerically establishing a number of effects of environmental policies on investment

  3. Market research for electric utilities

    Energy Technology Data Exchange (ETDEWEB)

    Shippee, G.

    1999-12-01

    Marketing research is increasing in importance as utilities become more marketing oriented. Marketing research managers need to maintain autonomy from the marketing director or ad agency and make sure their work is relevant to the utility's operation. This article will outline a model marketing research program for an electric utility. While a utility may not conduct each and every type of research described, the programs presented offer a smorgasbord of activities which successful electric utility marketers often use or have access to.

  4. Markets for utility electricity

    International Nuclear Information System (INIS)

    Brooks, D.B.

    1990-01-01

    Every analysis of energy use, no matter what the sector or the country, has shown enormous opportunities for cost-effective conservation. Such opportunities should be identified and pursued wherever they appear. Because of its capital intensity and balance-of-payments implications on the supply side, and its potential to improve industrial efficiency and quality of life on the demand side, nowhere are such opportunities more critical than with electricity. Indeed, given the large and unsatisfied demand for electricity in those markets where it can be used efficiently, to ignore those opportunities is to invite ever more serious energy supply and demand problems. (author). 34 refs., 3 tabs., 1 appendix

  5. Pricing of electricity tariffs in competitive markets

    International Nuclear Information System (INIS)

    Keppo, J.; Raesaenen, M.

    1999-01-01

    In many countries electricity supply business has been opened for competition. In this paper we analyze the problem of pricing of electricity tariffs in these open markets, when both the customers' electricity consumption and the market price are stochastic processes. Specifically, we focus on regular tariff contracts which do not have explicit amounts of consumption units defined in the contracts. Therefore the valuation process of these contracts differs from the valuation of electricity futures and options. The results show that the more there is uncertainty about the customer's consumption, the higher the fixed charge of the tariff contract should be. Finally, we analyze the indication of our results to the different methods for estimating the customer's consumption in the competitive markets. Since the consumption uncertainties enter into the tariff prices, the analysis indicates that the deterministic standard load curves do not provide efficient methods for evaluating the customers' consumption in competitive markets

  6. European Competition Law in the electricity sector

    International Nuclear Information System (INIS)

    Hiller, P.

    2001-09-01

    The first part gives an overview on the implementation of the Electricity Directive 96/92 in the member states of the European Union and on the still missing preconditions for a single market in the electricity sector. The second part deals with the main elements of the European merger control (market definition, market domination), the decisions in the electricity sector and analyses the impact of the Electricity Directive 96/92 EG on future merger decisions in this sector. The third part examines the role of the articles 81 and 82 EGV to secure competition in the electricity market. (author)

  7. Competition policies on the electricity markets

    International Nuclear Information System (INIS)

    Dubois, U.

    2008-01-01

    This article puts forward a critical analysis of European competition instruments and practices in terms of market power on the electricity wholesale markets. Due to the speck nature of electrical activities, competition policies come up against difficulties of market power identification at first, since there is no model for detecting perfectly the potential or real exertion of market power in this sector. What is more, since competition authorities rely on specific intervention methods, their ability to limit the exertion of market power is relatively low. For a large number of their interventions involves controlling concentrations. In the light of this double phenomenon, this article discusses some recent developments of European competition policies on the electricity wholesale markets. The sector inquiry of 2007 seems to mark the start of a new competition policy practice in the electricity sector. The initiative and decision-making power now seem to be nesting mainly at a European level where action is not only to be found in terms of controlling mergers and acquisitions, but also stretches to involve an in-depth evaluation of the way the different markets work. This action is manifested in decisions to investigate some companies as well as legislative proposals in the framework of the third package. Thus we are moving towards a greater monitoring of electricity markets using more formal supervision instruments and on a more continuous basis. (author)

  8. Electric energy utilization and conservation

    International Nuclear Information System (INIS)

    Tripathy, S.C.

    1991-01-01

    Various aspects of electric energy utilization and conservation are discussed. First chapter reviews thermodynamic aspects of energy conservation. Subsequent chapters describe possibilities and methods of energy conservation in thermal power plants, airconditioning and ventilation systems, electric lighting systems, electric heating systems in industries, and railway electrification. Chapter 8 describes various modes of energy storage and compares their economies. The next chapter discusses various facets of energy economics and the last chapter discusses the practical aspects of energy conservation in different industries and power utilities. (M.G.B.). 100 refs

  9. Reliability risks during the transition to competitive electricity markets

    International Nuclear Information System (INIS)

    Hughes, J.P.

    2005-01-01

    The Electricity Consumers Resource Council (ELCON) is a U.S. association representing industrial consumers of electricity, and is a long-standing advocate of competition in the electric power industry. However, because a reliable grid is necessary to support competitive wholesale markets, ELCON believes that the transmission system is an essential facility that must remain regulated. The initiatives discussed in this white paper represent significant steps that the National Electric Reliability Council (NERC) and the industry have taken to improve reliability in a competitive and restructured electric industry. Strategic manoeuvres of incumbent utilities to maintain market share were evaluated, as well as discrimination against potential competitors. It was suggested that, occasionally, indecisive federal policies have been taken advantage of by utilities. The unintended consequences of state restructuring policies that allow utilities to over-earn their revenue requirements were reviewed. NERC reliability standards will remain unenforceable until a new Electricity Reliability Organization has been certified. Flawed market designs and inadequate market power mitigation, as well as the financial distress of merchant generators, pose considerable risks. It was suggested that these risks could trigger transmission loading relief incidents, local outages or widespread outages. In the absence of mandatory reliability standards with penalties, and complementary market rules for mitigating generation and transmission market power, economic incentives will encourage other forms of opportunistic behavior that may be the root cause of other outages. Public concern regarding these risks to grid reliability may result in lost public support for competitive electricity markets. Proposed solutions include the certification of a new Electric Reliability Organization to establish and enforce mandatory reliability standards, and granting the Federal Energy Regulatory Commission

  10. Guide to Alberta's competitive electricity industry

    International Nuclear Information System (INIS)

    2002-03-01

    A crucial point was reached at the beginning of 2001 in the process of competitive electricity market in Alberta, when record high prices were reached in both the natural gas and electricity markets. In this document, the intent was to present, in a non-technical way, the new electricity market. It was designed to cover issues as they flow, from generator to consumer. Therefore, it began with a market model illustration going through each step of the process. Frequently asked questions, developed using the input from 160,000 Albertans, were answered in each section. The first section of the document dealt with a competitive market. In section 2, the electricity supply was discussed, followed by section 3 and the wholesale electricity market. In section, 4, the reader was invited to explore customer choice, and consumer information was provided in section 5. tabs., figs

  11. Ontario electricity rates and industrial competitiveness

    International Nuclear Information System (INIS)

    2006-01-01

    Industrial electricity prices in Ontario rose significantly after the opening of the competitive Ontario electricity market in 2002, thereby widening the gap between industrial electricity prices in Ontario and those in other Canadian provinces. Navigant Consulting Ltd. conducted this study at the request of the Association of Major Power Consumers in Ontario (AMPCO) to research and compare current and historical electricity prices in Ontario and other jurisdictions in North America. The study provided an independent analysis of how industrial electricity prices in Ontario compare to those in other jurisdiction in which AMPCO members operate. It also formed the basis for comparing the impacts of electricity policy on the economic competitiveness of major power consumers in Ontario. The relative electricity intensity in the United States, Ontario and other Canadian provinces was reviewed for specific industries, including forest products, steel manufacturing, petroleum refining, chemical manufacturing and cement manufacturing. Publicly available aggregate data from Statistics Canada and the United States Bureau of the Census was then used to compare average electricity prices for industrial customers in Ontario. The data confirmed that Ontario has experienced a decline in its competitive price advantage in industrial electricity. Delivered industrial electricity prices in Ontario have increased by more than 60 per cent since 2001. Industrial electricity prices in Ontario rose above those in Quebec, Manitoba, British Columbia and New Brunswick. In addition, industrial electricity prices in Ontario rose above those in competing states such as Ohio and Illinois, in part due to the increase in the value of the Canadian dollar. It was concluded that the price increase may lead to a greater decline in economic output in Ontario compared to competing jurisdictions. 2 tabs., 14 figs., 1 appendix

  12. Transmission : roadway to a competitive electricity market

    Energy Technology Data Exchange (ETDEWEB)

    Thon, S. [AltaLink L.P., AB (Canada)

    2002-07-01

    Having a variety of suppliers, marketers and retailers is the key to developing a successful electricity market which is more competitive on pricing, with less price volatility, more innovative customer products and higher levels of customer services. Some areas of Alberta are developing their own power markets with limited capacity to interact. These include Pincher Creek, Empress, Calgary, Edmonton, and Fort McMurray. It was noted that increasing transmission capacity is the key to ensuring a bigger and more competitive electricity market. Transmission constraints only encourage a small number of suppliers to control the market. The current cost of transmission capacity accounts for less than 5 per cent of an average residential customer's bill, but it plays a major role in providing more choice to competitive electricity suppliers. Developing more transmission capacity will create an even more competitive market that benefits both consumers and suppliers. Prices in Alberta have been very volatile in the past couple of years because of supply and demand issues, and there is a need to increase market liquidity. Alberta's Transmission Administrator is looking to expand the transmission network to alleviate constraints and to lower the cost of power generation, regardless of location. These expansions are not expected to affect customers' bills by more than 2 to 3 per cent. Such transmission concerns are being felt all over North America. The Federal Energy Regulatory Commission (FERC) in the United States also recognizes the link between transmission and creating a competitive electricity market.

  13. Electricity market competition and nuclear power

    International Nuclear Information System (INIS)

    Varley, C.; Paffenbarger, J.

    1999-01-01

    Throughout the world, the Organization for Economic Cooperation and Development (OECD) member countries' governments are promoting competitive electricity markets. In particular, there is a move away from administrative price-setting by government institutions to market price-setting through the introduction of competition. Today this is often focused on competition in generation. However, competition among final electricity suppliers and distributors to provide effective consumer choice is a further step that governments are likely to pursue as experience with market reform grows. This competitive environment will undoubtedly impact upon the nuclear generation industry. Competition will provide an opportunity to reinvigorate nuclear power; it will improve the transparency of energy policy-making and the policy framework for nuclear power; it will spur innovation in existing plants and help prospects for new plant build; and provide a strong impetus for cost reduction and innovation. This paper discusses these issues in detail. It looks at the potential benefits and challenges to the nuclear generation industry arising from an increasingly competitive market. (author)

  14. Electric utility deregulation - A nuclear opportunity

    International Nuclear Information System (INIS)

    DeMella, J.R.

    2002-01-01

    The implications of electric deregulation are and will continue to be pervasive and significant. Not only will the fundamental monopoly regulatory concepts of managing electric utilities change but deregulation will have a profound and dramatic impact on the way electric generating plants are managed and operated. In the past, under the various approaches to financial regulation, the economic benefits normally attributed to competition or that would have otherwise been derived from competitive or open market forces, were assumed to be embodied in and inherent to the various processes, methods and principles of financial oversight of utility companies by regional, state and municipal regulatory authorities. Traditionally, under the various forms of regulated monopolies, a utility company, in exchange for an exclusive franchise to produce and sell electricity in a particular region, was obligated to provide an adequate supply to all consumers wanting it, at a price that was 'just and reasonable'. The determination of adequate supply and reasonable price was a matter of interpretation by utility companies and their regulators. In essence, the ultimate economic benefits, normally attributed to price equilibrium, in balance with supply, demand and other market forces, were expected to be achieved through a complex, political process of financial regulatory oversight, in which utility companies were usually reimbursed for all annual expenses or their 'cost of service' and additionally allowed to earn a 'reasonable' rate of return on plant investments. The result was often escalating electric prices, over supplies of electric capacity, by justifying unnecessarily high reserve margins based on long planning horizons (typically 20 years or greater) with extrapolated demand requirements that were generally in excess of what actually occurred over time. Although the regulatory process varied from country or country and region-to-region, the fundamental principles, which

  15. Short run pricing in competitive electricity markets

    International Nuclear Information System (INIS)

    Ring, B. J.; Read, E. G.

    1996-01-01

    In response to the need for more responsive, competitive and decentralized pricing strategies forced upon the industry by deregulation, this study reviewed the type of electricity pricing required to coordinate a competitive wholesale electricity market over time periods typically of the order of one hour. It was found that nodal spot pricing can provide a straight-forward mechanism for providing the correct signals to market participants, while reflecting the costs and complexities of transmission network operation. Provided that all binding constraints are represented in the pricing model, and assuming that they are used in conjunction with long term contracts and capacity rights, such pricing can potentially deliver most of the benefits promised by perfect coordination, while allowing competition to flourish. 4 refs

  16. Electric utilities look back on 1998

    International Nuclear Information System (INIS)

    Anon.

    1999-01-01

    A review of activities in the electric power industry in Canada during 1998 is presented. In general, the principal preoccupation of Canadian electric utilities in 1998 was preparation for competition in a deregulated energy market. Utilities worked with provincial and national legislatures to redraw the rules of power supply. US FERC order 888 was central to many debates. FERC order 888 stipulates the unbundling of the retail aspects of operations from those that will remain regulated. Electric utilities also continued to prepare for the Y2K phenomenon and to work towards achieving ISO 14001 environmental management accreditation. They also explored alternative means of power generation. The year began with utilities across Canada sharing expertise and manpower to mitigate the impact of the ice storm which devastated parts of Quebec, Ontario and New Brunswick. It is believed that as a result of the ice storm of 1998, the Canadian utility industry is much better prepared to deal with weather-related emergencies than ever before. 1 fig

  17. Utility strategies in times of more competition

    International Nuclear Information System (INIS)

    Adams, H.W.

    1993-01-01

    The international economy currently goes through a lasting recession. Saturated markets and a weak demand aggravate the situaton. The German industry, in addition, must face the structural and economic changes in Eastern Europe. The pending tasks and problems, and the resulting financial burdens cannot be fully estimated yet. The electric utilities are very much involved, and must adopt new motivation, organization and cooperation strategies to survive on the expanded markets. These strategies are briefly discussed. (orig.) [de

  18. Competition Between Different Sources of Electricity

    International Nuclear Information System (INIS)

    Cintra do Prado, L.

    1966-01-01

    To persons interested in nuclear energy questions, and especially administrators in the private or public sector, one of the most important questions is the competitive status of nuclear electricity in relation to electricity supplied from other sources. In this connection ''to compete'' means to produce at an equivalent or lower cost. Nuclear plants will be particularly attractive, and even preferable, when they can supply power at costs lower than conventional sources, e.g. water and fossil fuels. In many European countries and in the United States, the competitiveness of nuclear power is generally considered purely in comparison with thermal plants operating on coal or mineral oil, since such plants are predominant in those countries. This is not the case in Brazil and other countries where the bulk of the electricity produced comes from hydroelectric plants

  19. Renewable energy promotion in competitive electricity markets

    International Nuclear Information System (INIS)

    Wohlgemuth, Norbert

    1999-01-01

    The opening of electricity markets to competition involves fundamental structural changes in the electricity supply industry. There is, however, doubt that the new industrial organisation will provide the right price signals that will ensure that renewable energy options will be adopted. Therefore, one of the numerous challenges in the energy industry restructuring process is to ensure that renewable energy has a fair opportunity to compete with other supply resources. This paper presents mechanisms to promote the use of renewable energy in competitive electricity markets. These mechanisms include the Non Fossil Fuel Obligation (NFFO), the Renewables Portfolio Standard (RPS) and the Systems Benefit Charge (SBC). The paper discusses merits and disadvantages of these mechanisms, given the experience made in the United States and the United Kingdom. (author)

  20. Competitiveness of nuclear power in Japanese liberalized electricity market

    International Nuclear Information System (INIS)

    Abe, Y.

    2006-01-01

    The liberalization of Japanese electricity market expanded to customers of over 50 kV on April 1, 2005 and more than 60% of the market has been already open. The discussion about the assistance measures of nuclear power generation in Japanese liberalization of electricity market has come to grow warmer gradually. The opinions on the competitiveness of nuclear power are inconsistency among the supporters of nuclear power. Some says that nuclear power is the most competitive, others says nuclear power require some sort of financial or political assistance in the deregulation of electricity market. In this study, based on financial statements of each Japanese electric power company, the constitution of generation cost of nuclear power is illustrated and various financial and economic characteristics, including ''merit of scale'' and the impact of new nuclear power plant construction on the finance of electric power company, are discussed. In addition, the economic features of nuclear power generation are compared with those of thermal power generation through the analysis of financial statements. Finally, support policies for nuclear power required in deregulation of electric utilities are examined in terms of fairness of competition and security of electricity supply

  1. Modelling prices in competitive electricity markets

    International Nuclear Information System (INIS)

    Bunn, D.W.

    2004-04-01

    Electricity markets are structurally different to other commodities, and the real-time dynamic balancing of the electricity network involves many external factors. Because of this, it is not a simple matter to transfer conventional models of financial time series analysis to wholesale electricity prices. The rationale for this compilation of chapters from international authors is, therefore, to provide econometric analysis of wholesale power markets around the world, to give greater understanding of their particular characteristics, and to assess the applicability of various methods of price modelling. Researchers and professionals in this sector will find the book an invaluable guide to the most important state-of-the-art modelling techniques which are converging to define the special approaches necessary for unravelling and forecasting the behaviour of electricity prices. It is a high-quality synthesis of the work of financial engineering, industrial economics and power systems analysis, as they relate to the behaviour of competitive electricity markets. (author)

  2. Shaping the future of electric utilities

    International Nuclear Information System (INIS)

    Byus, L.C.

    1993-01-01

    On December 14, 1992, Cincinnati Gas ampersand Electric Company (CG ampersand E) and PSI Resources, Inc. announced an agreement to merge the two companies into a newly formed company, CINergy Corp. In announcing the proposed merger, James E. Rogers Jr., chairman, president, and chief executive officer of PSI said, Our companies have chosen to shape our future and our industry. This is an ideal partnership, since our strengths complement each other and our vision of the future is the same. Will this merger be the first of many that will shape the future of the electric utility in the United States? What is the vision of the future for the industry? About five years ago, a well-known Wall Street utility analyst traveled around the country talking about the anticipated consolidation of electric utility companies in the US His motto was Fifty in Five, meaning widespread consolidation that would reduce the number of independent investor-owned utilities from more than 100 to 50 within a five-year period. He even developed a map showing the mergers/consolidations he looked for and actually named names. More than five years have passed, and only a handful of utility mergers have taken place. But, looking forward from 1992, restructuring of the utility industry is very much a vision of the future. What is the driving force? The National Energy Policy Act of 1992 provides the legislative framework for the electric utility industry in the US in future years. While the specific rules that will govern the industry are yet to be promulgated, the intent to allow (even promote) competition is evident in the Act itself. But it appears the vision of the future is market driven

  3. Managing an evolution: Deregulation of the electric utility industry

    Energy Technology Data Exchange (ETDEWEB)

    Skinner, S.K.

    1994-12-31

    The author discusses the emerging competitive situation in the electric power industry as deregulation of electric utilities looms on the horizon. The paper supports this change, and the competition it will bring, but urges caution as changes are instituted, and the regulatory bodies decide how and how much to free, and at what rates. The reason for his urge for caution comes from historical experience of other industries, which were smaller and had less direct impact on every American.

  4. Evaluation of the electric utility missions

    International Nuclear Information System (INIS)

    Syrota, J.

    2000-01-01

    The French law from February 10, 2000, about the modernization and development of the electric utility, has created new missions of public utility and foresees some compensation mechanisms for not handicapping the power operators in charge of these missions and for not creating competition distortions to their detriment on the European market. The author explains, first, the financial and economical stakes linked with these new missions. Then, he evokes the evolution of the energy context that has taken place between the 2. World war and the enforcement of the February 10, 2000 law, and he analyzes the systems foreseen for the power generation and distribution. For each public utility charge, the existing dispositions and those introduced by the law are analyzed and compared to the equivalent systems existing in other countries. Then, charge evaluation criteria and sharing rules and proposed. (J.S.)

  5. Competition and power pooling in the electricity industry

    International Nuclear Information System (INIS)

    Jasinski, P.; Yarrow, G.; Fusaro, P.

    1995-01-01

    Two contributions to the debate on power pooling and competition in the electricity supply industry are presented. In the first, the situation in England and Wales where power pooling was introduced shortly before privatization is analysed. Pooling has existed for many years in the USA but as an inter-generator arrangement designed to optimize production and costs. The British system sought in addition to establish a spot market in which bulk buyers as well as bulk suppliers could participate. There are however obvious weaknesses in the pool as a competitive market and it is argued that a combination of pooling arrangements and longer-term bilateral supply contracts are more likely to offer the prospect of workably competitive and efficient outcomes. The second contribution discusses how competitive markets will evolve in the USA under the new regime of less onerous regulation heralded by the Energy Policy Act if 1992 and the emergence of electricity trading markets which followed. In particular, the proposal by the California Public Utility commission favouring a mandatory Poolco is examined. Poolco would operate the transmission grid and dispatch generating plants while the utilities would retain ownership of transmission facilities and be required to supply the pool. This is seen as representing only partial deregulation and not to be consistent with moves to further competition and encourage free markets. (U.K.)

  6. Economical electricity supply and utilization

    Energy Technology Data Exchange (ETDEWEB)

    Madsen, K

    1980-05-01

    During the first oil crisis in 1973, hundreds of millions of D-marks have been wasted by medium-sized businesses in the FRG due to avoidable losses and increased electricity costs. Serious attempts towards excluding such losses have to be initiated by an analysis of the individual technical conditions of an enterprise and by consultations 'on site'. Problems relating to an economical electricity supply and utilization in medium-sized industrial enterprises are discussed in this article from the point of view of an industrial consultant being an expert in this field. Practical examples are also given.

  7. Power Sales to Electric Utilities

    Energy Technology Data Exchange (ETDEWEB)

    None

    1989-02-01

    The Public Utilities Regulatory Policies Act (PURPA) of 1979 requires that electrical utilities interconnect with qualifying facilities and purchase electricity at a rate based upon their full avoided costs (i.e., costs of providing both capacity and energy). Qualifying facilities (QF) include solar or geothermal electric units, hydropower, municipal solid waste or biomass-fired power plants, and cogeneration projects that satisfy maximum size, fuel use, ownership, location, and/or efficiency criteria. In Washington State, neither standard power purchase prices based upon a proxy ''avoided plant'', standard contracts, or a standard offer process have been used. Instead, a variety of power purchase contracts have been negotiated by developers of qualifying facilities with investor-owned utilities, public utility districts, and municipally-owned and operated utilities. With a hydro-based system, benefits associated with resource acquisition are determined in large part by how compatible the resource is with a utility's existing generation mix. Power purchase rates are negotiated and vary according to firm energy production, guarantees, ability to schedule maintenance or downtime, rights of refusal, power plant purchase options, project start date and length of contract; front-loading or levelization provisions; and the ability of the project to provide ''demonstrated'' capacity. Legislation was also enacted which allows PURPA to work effectively. Initial laws established ownership rights and provided irrigation districts, PUDs, and municipalities with expanded enabling powers. Financial processes were streamlined and, in some cases, simplified. Finally, laws were passed which are designed to ensure that development proceeds in an environmentally acceptable manner. In retrospect, PURPA has worked well within Washington. In the state of Washington, 20 small-scale hydroelectric projects with a combined generating capacity of

  8. Analysis of electricity price in Danish competitive electricity market

    DEFF Research Database (Denmark)

    Hu, Weihao; Chen, Zhe; Bak-Jensen, Birgitte

    2012-01-01

    electricity markets in some ways, is chosen as the studied power system. 10 year actual data from the Danish competitive electricity market are collected and analyzed. The relationship among the electricity price (both the spot price and the regulation price), the consumption and the wind power generation...... in an electricity market is investigated in this paper. The spot price and the regulation price generally decrease when the wind power penetration in the power system increases or the consumption of the power system decreases. The statistical characteristics of the spot price and the regulation price for different...... consumption periods and wind power penetration are analyzed. Simulation results show that the findings of this paper are useful for wind power generation companies to make the optimal bidding strategy so that the imbalance cost of trading wind power on the electricity market could be reduced....

  9. Financial methods in competitive electricity markets

    Science.gov (United States)

    Deng, Shijie

    The restructuring of electric power industry has become a global trend. As reforms to the electricity supply industry spread rapidly across countries and states, many political and economical issues arise as a result of people debating over which approach to adopt in restructuring the vertically integrated electricity industry. This dissertation addresses issues of transmission pricing, electricity spot price modeling, as well as risk management and asset valuation in a competitive electricity industry. A major concern in the restructuring of the electricity industries is the design of a transmission pricing scheme that will ensure open-access to the transmission networks. I propose a priority-pricing scheme for zonal access to the electric power grid that is uniform across all buses in each zone. The Independent System Operator (ISO) charges bulk power traders a per unit ex ante transmission access fee based on the expected option value of the generated power with respect to the random zonal spot prices. The zonal access fee depends on the injection zone and a self-selected strike price determining the scheduling priority of the transaction. Inter zonal transactions are charged (or credited) with an additional ex post congestion fee that equals the zonal spot price difference. The unit access fee entitles a bulk power trader to either physical injection of one unit of energy or a compensation payment that equals to the difference between the realized zonal spot price and the selected strike price. The ISO manages congestion so as to minimize net compensation payments and thus, curtailment probabilities corresponding to a particular strike price may vary by bus. The rest of the dissertation deals with the issues of modeling electricity spot prices, pricing electricity financial instruments and the corresponding risk management applications. Modeling the spot prices of electricity is important for the market participants who need to understand the risk factors in

  10. Costs and competitiveness of nuclear electricity

    International Nuclear Information System (INIS)

    Bennett, L.L.; Woite, G.

    1995-01-01

    The experienced and projected future construction costs and electricity generation costs of nuclear and fossil fired power plants are reviewed and compared. On the basis of actual operating experience, nuclear power has been demonstrated to be economically competitive with other base load generation options, and international studies project that this economic competitiveness will be largely maintained in the future, over a range of conditions and in a number of countries. However, retaining and improving this competitiveness position requires concerted efforts to ensure that nuclear plants are constructed within schedule and budget, and are operated reliably and efficiently. Relevant cost impacting factors are identified, and conclusions for successful nuclear power plant construction and operation are drawn. The desire to attain sustainable development with balanced resource use and control of the environmental and climatic impacts of energy systems could lead to renewed interest in nuclear power as an energy source that does not emit greenhouse gases, thus contributing to a revival of the nuclear option. In this regard also, mitigation of emissions from fossil fuelled power plants could lead to restrictions of fossil fuel use and/or result in higher costs of fossil based generation, thus improving the economic competitiveness of nuclear power. (author). 19 refs, 7 figs, 2 tabs

  11. The Oak Ridge Competitive Electricity Dispatch (ORCED) Model Version 9

    Energy Technology Data Exchange (ETDEWEB)

    Hadley, Stanton W. [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States); Baek, Young Sun [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States)

    2016-11-01

    The Oak Ridge Competitive Electricity Dispatch (ORCED) model dispatches power plants in a region to meet the electricity demands for any single given year up to 2030. It uses publicly available sources of data describing electric power units such as the National Energy Modeling System and hourly demands from utility submittals to the Federal Energy Regulatory Commission that are projected to a future year. The model simulates a single region of the country for a given year, matching generation to demands and predefined net exports from the region, assuming no transmission constraints within the region. ORCED can calculate a number of key financial and operating parameters for generating units and regional market outputs including average and marginal prices, air emissions, and generation adequacy. By running the model with and without changes such as generation plants, fuel prices, emission costs, plug-in hybrid electric vehicles, distributed generation, or demand response, the marginal impact of these changes can be found.

  12. 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

  13. 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)

  14. Perspectives on the future of the electric utility industry

    Energy Technology Data Exchange (ETDEWEB)

    Tonn, B. [Oak Ridge National Lab., TN (United States); Schaffhauser, A. [Tennessee Univ., Knoxville, TN (United States)

    1994-04-01

    This report offers perspectives on the future of the electric utility industry. These perspectives will be used in further research to assess the prospects for Integrated Resource Planning (IRP). The perspectives are developed first by examining economic, political and regulatory, societal, technological, and environmental trends that are (1) national and global in scope and (2) directly related to the electric utility industry. Major national and global trends include increasing global economic competition, increasing political and ethnic strife, rapidly changing technologies, and increasing worldwide concern about the environment. Major trends in the utility industry include increasing competition in generation; changing patterns of electricity demand; increasing use of information technology to control power systems; and increasing implementation of environmental controls. Ways in which the national and global trends may directly affect the utility industry are also explored. The trends are used to construct three global and national scenarios- ``business as usual,`` ``technotopia future,`` and ``fortress state`` -and three electric utility scenarios- ``frozen in headlights,`` ``megaelectric,`` and ``discomania.`` The scenarios are designed to be thought provoking descriptions of potential futures, not predictions of the future, although three key variables are identified that will have significant impacts on which future evolves-global climate change, utility technologies, and competition. While emphasis needs to be placed on understanding the electric utility scenarios, the interactions between the two sets of scenarios is also of interest.

  15. Perspectives on the future of the electric utility industry

    International Nuclear Information System (INIS)

    Tonn, B.; Schaffhauser, A.

    1994-04-01

    This report offers perspectives on the future of the electric utility industry. These perspectives will be used in further research to assess the prospects for Integrated Resource Planning (IRP). The perspectives are developed first by examining economic, political and regulatory, societal, technological, and environmental trends that are (1) national and global in scope and (2) directly related to the electric utility industry. Major national and global trends include increasing global economic competition, increasing political and ethnic strife, rapidly changing technologies, and increasing worldwide concern about the environment. Major trends in the utility industry include increasing competition in generation; changing patterns of electricity demand; increasing use of information technology to control power systems; and increasing implementation of environmental controls. Ways in which the national and global trends may directly affect the utility industry are also explored. The trends are used to construct three global and national scenarios- ''business as usual,'' ''technotopia future,'' and ''fortress state'' -and three electric utility scenarios- ''frozen in headlights,'' ''megaelectric,'' and ''discomania.'' The scenarios are designed to be thought provoking descriptions of potential futures, not predictions of the future, although three key variables are identified that will have significant impacts on which future evolves-global climate change, utility technologies, and competition. While emphasis needs to be placed on understanding the electric utility scenarios, the interactions between the two sets of scenarios is also of interest

  16. Nuclear power in competitive electricity markets

    International Nuclear Information System (INIS)

    2000-01-01

    Economic deregulation in the power sector raises new challenges for the prospects of nuclear power. A key issue is to assess whether nuclear power can be competitive in a de-regulated electricity market. Other important considerations include safety, nuclear liability and insurance, the nuclear power infrastructure, and health and environmental protection. This study, conducted by a group of experts from twelve OECD Member countries and three international organisations, provides a review and analysis of these issues, as related to both existing and future nuclear power plants. It will be of particular interest to energy analysts, as well as to policy makers in the nuclear and government sectors. (author)

  17. Electric utilities and clean air

    International Nuclear Information System (INIS)

    Evans, J.E.

    1991-01-01

    This paper reports that electricity has become essential to American life. Approximately 70 percent of the nation's electricity is produced by burning fossil fuels, with coal, the most abundant, domestically-available, extracted natural resource, providing over 55 percent of the total electricity consumed. Emissions resulting from the burning of fossil fuels are regulated by both the federal and state governments. In 1970, Congress passed the comprehensive Clean Air Act which established a national program to protect the nation's air quality. In 1977, additional strict regulations were passed, which mandated even more stringent emission controls for factories, power plants and auto emissions. Prior to passage of the Clean Air Act of 1990, utilities were required to adhere to three major types of clean air regulations: National Ambient Air Quality Standards (NAAQS), New Source Performance Standards (NSPS), and Prevention of Significant Deterioration (PSD) review. NAAQS established limits for the maximum concentration levels of specific air pollutants in the ambient atmosphere. For example, for an area to be in compliance with the NAAQS for sulfur dioxide (SO 2 ), its annual average SO 2 concentration must not exceed 0.03 ppm of SO 2 and a peak 24 hour level of 0.14 ppm of SO 2 must not be exceeded more than once per year

  18. Maximizing your ability to compete as a municipal electrical utility

    International Nuclear Information System (INIS)

    MacOdrum, B.

    1996-01-01

    The implications of the MacDonald Committee's recommendations on introducing competition to Ontario's electricity industry were reviewed from the point of view of Toronto Hydro, the largest municipal utility and Ontario Hydro's largest customer. Issues examined included (1) the consequences of unbundling Ontario Hydro's generating, transmission and distribution functions, (2) the structural change option of phasing-in competition among Ontario Hydro and municipal and other private generators, (3) enhancing the efficiency of the distribution sector, and (4) the relative benefits and consequences of private equity as a means of enhancing competition through the sale of Ontario Hydro's generating assets, or the sale of non-essential business operations. Recommendations to the Committee included the need for the transmission grid to remain under public control, for electricity pricing to take into account the variable environmental impact of different generating types, and the need for transferring regulatory authority over municipal electric utilities from Ontario Hydro to the Ontario Energy Board

  19. Trends in prices to commercial energy consumers in the competitive Texas electricity market

    International Nuclear Information System (INIS)

    Zarnikau, Jay; Fox, Marilyn; Smolen, Paul

    2007-01-01

    To date, the price of electricity to commercial or business energy consumers has generally increased at greater rates in the areas of Texas where retail competition has been introduced than in areas that do not enjoy competition. Trends in commercial competitive prices have largely mirrored trends in residential prices. Market restructuring has tended to increase the sensitivity of retail electricity prices to changes in the price of natural gas, the marginal fuel used for generation in Texas. Consequently, the rapid increases in the commodity price of natural gas following restructuring led to increases in competitive electric rates which exceeded the increases in areas not exposed to restructuring, where the fuel component of electric rates tend to reflect a weighted average of the utilities' fuel costs. There is some evidence that pricing behavior by competitive retailers changed when the retailers affiliated with the incumbent utilities were permitted some pricing flexibility, resulting in a reduction in prices. (author)

  20. EPR, a GEN 3 Reactor providing a competitive electricity cost

    International Nuclear Information System (INIS)

    Salhi, Othman

    2006-01-01

    Since the very beginning of the development of what was to become the EPR, several European entities were involved. The French and German safety authorities expressed that reinforced safety was compulsory. Additional measures were then included to prevent the occurrence of events likely to damage the core, and reduce the possibility of exposure of operating and maintenance personnel. However, not with standing these safety related features resulting from the requirements of the safety authorities, we will focus today on another group of entities that were key players in EPR development: the Utilities. The Utilities voiced their need for a competitive electricity produced and a competitive nuclear reactor. The tradeoff was then to reach both targets in a unique product: a safer and more competitive NPP. Today, the EPR presents features that enable our clients to compete with the cheapest fossil-based electricity production plants. Increased thermal efficiency is obtained both through a higher steam pressure and through careful optimization of the secondary system thermal cycle

  1. The future of the electric utility industry in Canada

    International Nuclear Information System (INIS)

    Threlkeld, R.

    1995-01-01

    A discussion of future changes in the electric power utility industry in Canada was presented. The impacts of deregulation were considered, including increased competition, and reduced profits resulting from it. Restructuring measures taken by BC Hydro to prepare for industry changes were described. Competition was not only expected to result from new electric utilities, but also gas utilities that are establishing themselves in the home heating business. Emphasis was placed on making the utilities' priorities, the same as their customers'. Flexibility of rate scheduling and increased dependence on customer-owned generation were needed to remain competitive. Exportation of surplus electricity and development of power utilities in developing nations was considered as a potentially lucrative development strategy. It was suggested that making use of strategic alliances within Canada and worldwide, will help to keep utilities ahead of the competition. A warning was issued to the effect that environmental concerns must always be considered well in advance of regulations since they are continually becoming more stringent. Making common cause with customers, and continuous improvement were considered to be the most important keys to future success for the industry

  2. Competition in decentralized electricity markets: Three papers on electricity auctions

    Science.gov (United States)

    Harbord, David William Cameron

    This thesis consists of three self-contained papers on the analysis of electricity auctions written over a period of twelve years. The first paper models price competition in a decentralized wholesale market for electricity as a first-price, sealed-bid, multi-unit auction. In both the pure and mixed-strategy equilibria of the model, above marginal cost pricing and inefficient despatch of generating units occur. An alternative regulatory pricing rule is considered and it is shown that offering to supply at marginal cost can be induced as a dominant strategy for all firms. The second paper analyses strategic interaction between long-term contracts and price competition in the British electricity wholesale market, and confirms that forward contracts will tend to put downward pressure on spot market prices. A 'strategic commitment' motive for selling forward contracts is also identified: a generator may commit itself to bidding lower prices into the spot market in order to ensure that it will be despatched with its full capacity. The third paper characterizes bidding behavior and market outcomes in uniform and discriminatory electricity auctions. Uniform auctions result in higher average prices than discriminatory auctions, but the ranking in terms of productive efficiency is ambiguous. The comparative effects of other market design features, such as the number of steps in suppliers' bid functions, the duration of bids and the elasticity of demand are analyzed. The paper also clarifies some methodological issues in the analysis of electricity auctions. In particular we show that analogies with continuous share auctions are misplaced so long as firms are restricted to a finite number of bids.

  3. Impact of gas on utilities - competitive energy options

    International Nuclear Information System (INIS)

    Coolican, M.

    1997-01-01

    The initiatives taken by Nova Scotia Power to have natural gas as a generating fuel was discussed. Nova Scotia Power customers have indicated to the Utility that along with reduced energy costs, they want choices, better services and innovative products. It was noted that coal is currently Nova Scotia Power's principal fuel, but the utility is working with the Cape Breton Development Corporation, their supplier, to bring the cost of coal down. The utility is also exploring the potential of coal bed methane in Pictou and Cumberland counties of Nova Scotia. However, the most promising competitive energy option for their customers is Sable Offshore natural gas. To bring natural gas as the generating fuel for electricity, the Utility is taking steps to convert its Tufts Cove Thermal Generating Station to natural gas and to pipe natural gas to the Trenton Generating Station by November 1999. Bringing natural gas to these two stations would establish a critical base level of demand for natural gas in the Halifax and New Glasgow-Trenton area. One of the important ingredients of this plan is the cost of piping the gas to market. It was suggested that the 'postage stamp' tolling system (i.e. one price for the gas delivered anywhere along the pipeline) favored by some, would not give Nova Scotians the economic advantages that they deserve. For this reason, Nova Scotia Power favours the 'point to point' tolling system, a system that is considered fair and efficient, and the one that has a better chance of producing competitive energy prices

  4. Preparation for the competitive European electricity sector

    International Nuclear Information System (INIS)

    Mombauer, P.M.

    2008-01-01

    Energy - alongside knowledge, creativity and capital - is one of the fundamental necessities of humankind. Modern life is indeed dependent on energy, especially electricity and natural gas, the grid-connected energies, for its power, heating, cooling and traffic. To ensure security in the supply of energy, world energy hunger must be taken into account. Competition for primary energy resources will increase and the processes for their transformation from raw materials into consumable energy will have to be made more efficient, environmentally friendly and sustainable. Research into new sources of energy has to continue. After the respectable results of the industrial sector to decouple growth and energy consumption in future the transport and building sectors will have to intensify their efforts to reduce energy use intensity

  5. Simulation of power plant construction in competitive Korean electricity market

    International Nuclear Information System (INIS)

    Ahn, Nam Sung; Huh, Sung Chul

    2001-01-01

    This paper describes the forecast of power plant construction in competitive Korean electricity market. In Korea, KEPCO (Korean Electric Power Corporation, fully controlled by government) was responsible for from the production of the electricity to the sale of electricity to customer. However, the generation part is separated from KEPCO and six generation companies were established for whole sale competition from April 1st, 2001. The generation companies consist of five fossil power companies and one nuclear power company. Fossil power companies are schedule to be sold to private companies including foreign investors. Nuclear power company is owned by government. The competition in generation market will start from 2003. ISO (Independence System Operator) will purchase the electricity from the power exchange market. The market price is determined by the SMP (System Marginal Price) which is decided by the balance between demand and supply of electricity in power exchange market. Under this uncertain circumstance, the energy policy planners are interested to the construction of the power plant in the future. These interests are accelerated due to the recent shortage of electricity supply in California. In the competitive market, investors are no longer interested in the investment for the capital intensive, long lead time generating technologies. Large nuclear and coal plants were no longer the top choices. Instead, investors in the competitive market are interested in smaller, more efficient, cheaper, cleaner technologies such as CCGT (Combined Cycle Gas Turbine). Electricity is treated as commodity in the competitive market. The investor's behavior in the commodity market shows that the new investment decision is made when the market price exceeds the sum of capital cost and variable cost of the new facility and the existing facility utilization depends on the marginal cost of the facility. This investor's behavior can be applied to the new investments for the

  6. Retail competition in electricity markets. Expectations, outcomes and economics

    International Nuclear Information System (INIS)

    Littlechild, Stephen

    2009-01-01

    In 'Retail competition in electricity markets' (Energy Policy, 37(2), February 2009, Pages 377-386) it is argued by Defeuilly that the introduction of retail competition into electricity markets gave rise to great expectations that it failed to meet, and that this was primarily the fault of Austrian economic thinking. The main purpose of this note is to explain why both of these propositions are incorrect. A few further comments challenge his subsequent suggestion that the competitive process in electricity is so constrained by the limitations of consumer decision-making and electricity technology as to cast doubt on the policy of opening the retail market to competition

  7. Quality electric motor repair: A guidebook for electric utilities

    Energy Technology Data Exchange (ETDEWEB)

    Schueler, V.; Douglass, J.

    1995-08-01

    This guidebook provides utilities with a resource for better understanding and developing their roles in relation to electric motor repair shops and the industrial and commercial utility customers that use them. The guidebook includes information and tools that utilities can use to raise the quality of electric motor repair practices in their service territories.

  8. Essays on competition in electricity markets

    Science.gov (United States)

    Bustos Salvagno, Ricardo Javier

    The first chapter shows how technology decisions affect entry in commodity markets with oligopolistic competition, like the electricity market. I demonstrate an entry deterrence effect that works through cost uncertainty. Technology's cost uncertainty affects spot market expected profits through forward market trades. Therefore, incentives to engage in forward trading shape firms' decisions on production technologies. I show that high-cost but low-risk technologies are adopted by risk-averse incumbents to deter entry. Strategic technology adoption can end in a equilibrium where high-cost technologies prevail over low-cost but riskier ones. In the case of incumbents who are less risk-averse than entrants, entry deterrence is achieved by choosing riskier technologies. The main results do not depend on who chooses their technology first. Chapter two examines the Chilean experience on auctions for long-term supply contracts in electricity markets from 2006 to 2011. Using a divisible-good auction model, I provide a theoretical framework that explains bidding behavior in terms of expected spot prices and contracting positions. The model is extended to include potential strategic behavior on contracting decisions. Empirical estimations confirm the main determinants of bidding behavior and show heterogeneity in the marginal cost of over-contracting depending on size and incumbency. Chapter three analyzes the lag in capacity expansion in the Chilean electricity market from 2000 to 2004. Regarded as a result of regulatory uncertainty, the role of delays in the construction of a large hydro-power plant has been overlooked by the literature. We argue that those delays postponed projected investment and gave small windows of opportunity that only incumbents could take advantage of. We are able to retrace the history of investments through real-time information from the regulator's reports and a simple model enables us to explain the effect of those delays on suggested and under

  9. Applying mathematical finance tools to the competitive Nordic electricity market

    OpenAIRE

    Vehviläinen, Iivo

    2004-01-01

    This thesis models competitive electricity markets using the methods of mathematical finance. Fundamental problems of finance are market price modelling, derivative pricing, and optimal portfolio selection. The same questions arise in competitive electricity markets. The thesis presents an electricity spot price model based on the fundamental stochastic factors that affect electricity prices. The resulting price model has sound economic foundations, is able to explain spot market price mo...

  10. Assessing the options for a competitive electricity market in Israel

    International Nuclear Information System (INIS)

    Tishler, A.; Newman, J.; Spekterman, I.; Woo, C.K.

    2008-01-01

    In July 2006, the Israeli government affirmed its 2003 decision to reform the Israeli electricity industry, currently dominated by the Israel Electric Corporation (IEC), a government-owned vertically integrated electric utility. The reform calls for the deregulation and privatization of the generation and customer service segments of the industry, leaving transmission and distribution (T and D) regulated to provide open access to all end-users. This paper projects the performance of the post-reform market structure for the period 2007-2030 relative to that of the status quo. The post-reform generation market's prices are determined according to the Cournot conjecture. To mitigate excessive price volatility and surges, the generation market also includes a firm that is contracted to make peak electricity sales to customers at a pre-determined price, only when the competitive price exceeds the pre-determined level. Our results show (a) the post-reform retail prices for end-users will exceed those under the status quo; (b) the post-reform profits may not be sufficient to keep firms operating combined cycle generation units financially viable; and (c) the net benefit from deregulating the electricity sector in Israel will most likely be negative. (author)

  11. Electric power bidding model for practical utility system

    Directory of Open Access Journals (Sweden)

    M. Prabavathi

    2018-03-01

    Full Text Available A competitive open market environment has been created due to the restructuring in the electricity market. In the new competitive market, mostly a centrally operated pool with a power exchange has been introduced to meet the offers from the competing suppliers with the bids of the customers. In such an open access environment, the formation of bidding strategy is one of the most challenging and important tasks for electricity participants to maximize their profit. To build bidding strategies for power suppliers and consumers in the restructured electricity market, a new mathematical framework is proposed in this paper. It is assumed that each participant submits several blocks of real power quantities along with their bidding prices. The effectiveness of the proposed method is tested on Indian Utility-62 bus system and IEEE-118 bus system. Keywords: Bidding strategy, Day ahead electricity market, Market clearing price, Market clearing volume, Block bid, Intermediate value theorem

  12. Electric vehicle utilization for ancillary grid services

    Science.gov (United States)

    Aziz, Muhammad

    2018-02-01

    Electric vehicle has been developed through several decades as transportation mean, without paying sufficient attention of its utilization for other purposes. Recently, the utilization of electric vehicle to support the grid electricity has been proposed and studied intensively. This utilization covers several possible services including electricity storage, spinning reserve, frequency and voltage regulation, and emergency energy supply. This study focuses on theoretical and experimental analysis of utilization of electric vehicles and their used batteries to support a small-scale energy management system. Charging rate of electric vehicle under different ambient temperature (seasonal condition) is initially analyzed to measure the correlation of charging rate, charging time, and state-of-charge. It is confirmed that charging under warmer condition (such as in summer or warmer region) shows higher charging rate than one in colder condition, therefore, shorter charging time can be achieved. In addition, in the demonstration test, each five electric vehicles and used batteries from the same electric vehicles are employed and controlled to support the electricity of the office building. The performance of the system is evaluated throughout a year to measure the load leveling effect during peak-load time. The results show that the targeted peak-load can be shaved well under certain calculated peak-shaving threshold. The finding confirms that the utilization of electric vehicle for supporting the electricity of grid or certain energy management system is feasible and deployable in the future.

  13. Electric power distribution: in the direction of a competitive market?

    International Nuclear Information System (INIS)

    Souza, J.R.A. de.

    1993-01-01

    This paper discusses the process of electric power sector deregulation, occurred in several countries, frequently followed of privatization, which the aim is activate the competition and, consequently, the efficiency between the companies of the electric power sector. The competition in the supply market of electric power, by the Great Britain, France, Spain and United States are shown as an example of this energy policy. (C.G.C.)

  14. Competition ambiguities. Electricite de France and the electricity market liberalization

    International Nuclear Information System (INIS)

    Boiteux, M.

    2007-04-01

    The European Union decided to open the electricity market to the competition and the last step will be in July 2007. Meanwhile the first part, the opening to big consumers, is a deception. The market saw an increase of the electricity prices. The author explains the effects of the liberalization, presenting the inevitable limits of the competition, the disappointing evaluation, the historical aspects of the electric market facing the today situation. (A.L.B.)

  15. The Risk Assessment Study for Electric Power Marketing Competitiveness Based on Cloud Model and TOPSIS

    Science.gov (United States)

    Li, Cunbin; Wang, Yi; Lin, Shuaishuai

    2017-09-01

    With the rapid development of the energy internet and the deepening of the electric power reform, the traditional marketing mode of electric power does not apply to most of electric power enterprises, so must seek a breakthrough, however, in the face of increasingly complex marketing information, how to make a quick, reasonable transformation, makes the electric power marketing competitiveness assessment more accurate and objective becomes a big problem. In this paper, cloud model and TOPSIS method is proposed. Firstly, build the electric power marketing competitiveness evaluation index system. Then utilize the cloud model to transform the qualitative evaluation of the marketing data into quantitative values and use the entropy weight method to weaken the subjective factors of evaluation index weight. Finally, by TOPSIS method the closeness degrees of alternatives are obtained. This method provides a novel solution for the electric power marketing competitiveness evaluation. Through the case analysis the effectiveness and feasibility of this model are verified.

  16. Competition effects of mergers: An event study of the German electricity market

    International Nuclear Information System (INIS)

    Keller, Andreas

    2010-01-01

    This paper investigates the competition effects of the entry of Vattenfall into the German electricity market. While the competition authorities supported the entry by approving Vattenfall's acquisition of three regional utilities, other market participants raised concerns over the emergence of an upcoming oligopoly in the German market for power generation. We contrast the efficiency hypothesis postulating pro-competitive effects of mergers with the market power hypothesis postulating anti-competitive effects. For the analysis of the two opposing hypotheses, we use an event study approach to the stock prices of Vattenfall's competitors in the German market. While we find no empirical evidence for increased market power in the German electricity market due to Vattenfall's mergers, there is some indication for efficiency increases. We therefore cannot oppose the view of the competition authorities predicting an overall positive effect for consumers as a result of Vattenfall's entry into the German electricity market.

  17. Competitiveness through cooperation between electricity and information technology. TESLA - Information technology and electric power systems technology programme 1998-2002

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1998-11-01

    The electricity markets are being opened up to competition all round the world. To succeed in competition electricity sellers want new information technology tools to use in managing the sale of electricity. The network companies are aiming to step up utilization of their distribution capacity and to optimize power quality and the reliability of supply. Consumers need solutions with which they can manage their own power consumption and tendering sellers. The Nordic countries have been the first to deregulate their electricity markets. This head start in time is being made use of to generate a head start in technology. Tekes has initiated a technology programme for the years 1998 to 2002, named TESLA - Information Technology and Electric Power Systems, to promote the competitiveness of the Finnish electricity industry in changing conditions. The objective of the programme is to adapt information technology extensively to power distribution and thus develop the potential for Finland`s electricity industry to succeed on world markets. At the moment power distribution technology forms about one third of Finland`s energy technology exports. The programme is also aimed at developing new data transfer and data processing applications for companies in information technology clusters. For Finnish parties in the electricity markets the programme will produce ways and means of (1) improving management and use of distribution networks, (2) implementing competition in electricity sales, and (3) increasing the efficiency of electricity use

  18. Competition and deregulation in electricity : the national and continental dimension

    International Nuclear Information System (INIS)

    Garant, D.

    2000-01-01

    Some of the recent developments with Hydro-Quebec in terms of moving towards a deregulated competitive market were presented. In June 2000, the Quebec National Assembly passed legislation allowing for power generation and wholesale supply of electricity within Quebec will to be a deregulated business based on the gradual introduction of a competitive, contested market at the wholesale level. This legislation mitigates Hydro-Quebec's market power by legislating a long term fixed price supply contract between Hydro-Quebec's generation and distribution groups, operating as a functionally separate division within corporate Hydro-Quebec. Hydro-Quebec's market power in generation is 36,000 MW, the bulk of which will be committed to the Quebec distribution market at a fixed price of about 2.8 cents per kWh. Hydro-Quebec will maintain the rights to develop large scale hydro in Quebec if the development meets conditions of economic viability, environmental soundness and is locally acceptable. Hydro-Quebec is also expanding into new areas of generation such as wind power. The electric utility also believes it can play a role in Atlantic Canada by trading and moving off-peak and on-peak energy by using the storage capacity of their large hydro reservoirs

  19. The EU's major electricity and gas utilities since market liberalization

    International Nuclear Information System (INIS)

    Schuelke, Christian

    2011-06-01

    A major change has taken place in the company structure of the European electricity and gas markets. Twenty years ago, national or regional monopolies dominated the markets and there was strictly no competition between utilities. But since the liberalization of EU energy markets began in the 1990's, companies like E.ON, GDF Suez, EDF, Enel, and RWE have become European giants with activities in a large number of Member States. The advocates of market liberalization did not expect, or even intend, the emergence of a small number of large utilities that control an increasing part of the EU market. Some observers already claim that liberalization has led to an oligopoly with detrimental consequences for competition. Based on extensive background research, this book presents a fact-based analysis of the changes in the European utility sector since the 1990's. Case studies of the seven largest utilities illustrate how companies adapted their strategies to the changing market environment. The author underlines diverging choices and common trends like geographic expansion into new markets via mergers and acquisitions or diversification of business activities with the aim of using synergies between electricity and gas. Contents: Executive Summary. Introduction. Seven Case Studies of Changing Strategies of Major European Energy Utilities since Market Liberalization (E.ON, GDF Suez, EDF, Enel, RWE, Iberdrola, Vattenfall, Other European Utilities). Overview of Major National and Regional Electricity and Gas Market in the EU (Germany, France, United Kingdom, Italy, Spain, Nordic, Belgium and the Netherlands, Central and Eastern Europe). Conclusions. Annex. Bibliography

  20. Strategic rigidity and foresight for technology adoption among electric utilities

    International Nuclear Information System (INIS)

    Shah, Arsalan Nisar; Palacios, Miguel; Ruiz, Felipe

    2013-01-01

    The variation in the adoption of a technology as a major source of competitive advantage has been attributed to the wide-ranging strategic foresight and the integrative capability of a firm. These possible areas of competitive advantage can exist in the periphery of the firm's strategic vision and can get easily blurred as a result of rigidness and can permeate in the decision-making process of the firm. This article explores how electric utility firms with a renewable energy portfolio can become strategically rigid in terms of adoption of newer technologies. The reluctance or delay in the adoption of new technology can be characterized as strategic rigidness, brought upon as a result of a firm's core competence or core capability in the other, more conventional technology arrangement. This paper explores the implications of such rigidness on the performance of a firm and consequently on the energy eco-system. The paper substantiates the results by emphasizing the case of Iberdrola S.A., an incumbent firm as a wind energy developer and its adoption decision behavior. We illustrate that the very routines that create competitive advantage for firms in the electric utility industry are vulnerable as they might also develop as sources of competitive disadvantage, when firms confront environmental change and uncertainty. - Highlights: • Present a firm-level perspective on technology adoption behavior among electric utilities. • Firms with mature technology can become rigid towards newer technologies. • Case study analysis of a major electric utility firm. • Implications of ‘technology rigidness’ on the energy eco-system

  1. Implications of mergers and acquisitions in gas and electric markets: The role of yardstick competition in merger analysis

    International Nuclear Information System (INIS)

    Reiter, H.L.

    1999-01-01

    There has been no shortage of proposed and consummated mergers of regulated utilities in the electric, natural gas, and telecommunication industries over the last decade. For example, the National Rural Electric Cooperative Association states that there have been thirty electric utility mergers since 1992 and dozens of so-called convergence mergers between electric and gas utilities during that period. Yardstick competition or the competition that occurs when the regulator can compare the relative performances of utilities it regulates with other utilities it regulates or with neighboring utilities in other jurisdictions, places pressure on the regulated utilities to perform better for fear of coming up short in the comparison process. There are three important questions regulators may ask about the importance of yardstick competition as regulatory tool and the weight regulators should give to diminution of yardstick competition in the merger context. First, does it make that much difference? In the electric industry, for example, distribution costs typically comprise less than ten percent of the delivered price of electricity. Second, to preserve theoretical yardstick competition, are regulators then going to block mergers that bring other efficiencies? And finally, are there sound tools at the regulators' disposal should they be inclined to take yardstick competition seriously as a factor in regulation of utilities?

  2. Implications of mergers and acquisitions in gas and electric markets: The role of yardstick competition in merger analysis

    Energy Technology Data Exchange (ETDEWEB)

    Reiter, H.L.

    1999-06-30

    There has been no shortage of proposed and consummated mergers of regulated utilities in the electric, natural gas, and telecommunication industries over the last decade. For example, the National Rural Electric Cooperative Association states that there have been thirty electric utility mergers since 1992 and dozens of so-called convergence mergers between electric and gas utilities during that period. Yardstick competition or the competition that occurs when the regulator can compare the relative performances of utilities it regulates with other utilities it regulates or with neighboring utilities in other jurisdictions, places pressure on the regulated utilities to perform better for fear of coming up short in the comparison process. There are three important questions regulators may ask about the importance of yardstick competition as regulatory tool and the weight regulators should give to diminution of yardstick competition in the merger context. First, does it make that much difference? In the electric industry, for example, distribution costs typically comprise less than ten percent of the delivered price of electricity. Second, to preserve theoretical yardstick competition, are regulators then going to block mergers that bring other efficiencies? And finally, are there sound tools at the regulators' disposal should they be inclined to take yardstick competition seriously as a factor in regulation of utilities?

  3. Security of supply in Competitive Electricity Markets. Conference proceedings

    International Nuclear Information System (INIS)

    2005-06-01

    A stable and reliable electricity supply is a fundamental factor in our modern economy and many people think that the deregulated market is a threat to this - or at least, they think that there is a need for a new type of regulation. Others believe that the threat to security of supply comes from short sighted politicians rather than from competitive markets. Regulation in order to increase security of supply is a threat to well functioning competitive markets - not the other way around. To give an overview of different regulatory models and to discuss each model's particular pros and cons, ELFORSK (Swedish Electrical Utilities RandD Company) on behalf of the Swedish electricity industry, the national grid company Svenska Kraftnaet and the Regulating Authority has arranged this two-day Conference. This conference once again gathers people from many different parts of the world to exchange ideas and experiences from their respective area of operations. Our belief is that people from the industry, the governments as well as from the academic world will find these two days a useful opportunity to build new relationships and gain new insights into the topics covered. There are three main topics for the Conference: Experiences from Different Markets; The Value of Security of Supply; Ongoing research projects. The members of the Conference Committee are impressed by the quality of the papers presented at this Conference and we believe that this is a source of knowledge that will influence decisions makers in many countries. (11 papers presented at the conference have been indexed separately. Powerpoint presentations have not been indexed but are available from the Market Design homrpage)

  4. Electric utility companies and geothermal power

    Science.gov (United States)

    Pivirotto, D. S.

    1976-01-01

    The requirements of the electric utility industry as the primary potential market for geothermal energy are analyzed, based on a series of structured interviews with utility companies and financial institution executives. The interviews were designed to determine what information and technologies would be required before utilities would make investment decisions in favor of geothermal energy, the time frame in which the information and technologies would have to be available, and the influence of the governmental politics. The paper describes the geothermal resources, electric utility industry, its structure, the forces influencing utility companies, and their relationship to geothermal energy. A strategy for federal stimulation of utility investment in geothermal energy is suggested. Possibilities are discussed for stimulating utility investment through financial incentives, amelioration of institutional barriers, and technological improvements.

  5. Competitive Electricity Market Regulation in the United States: A Primer

    Energy Technology Data Exchange (ETDEWEB)

    Flores-Espino, Francisco [National Renewable Energy Lab. (NREL), Golden, CO (United States); Tian, Tian [National Renewable Energy Lab. (NREL), Golden, CO (United States); Chernyakhovskiy, Ilya [National Renewable Energy Lab. (NREL), Golden, CO (United States); Chernyakhovskiy, Ilya [National Renewable Energy Lab. (NREL), Golden, CO (United States); Miller, Mackay [National Grid, Warwick (United Kingdom)

    2016-12-01

    The electricity system in the United States is a complex mechanism where different technologies, jurisdictions and regulatory designs interact. Today, two major models for electricity commercialization operate in the United States. One is the regulated monopoly model, in which vertically integrated electricity providers are regulated by state commissions. The other is the competitive model, in which power producers can openly access transmission infrastructure and participate in wholesale electricity markets. This paper describes the origins, evolution, and current status of the regulations that enable competitive markets in the United States.

  6. Regulation and competition issues in Thai electricity sector

    International Nuclear Information System (INIS)

    Wisuttisak, Pornchai

    2012-01-01

    This paper explores the issues related to regulatory reform and liberalisation leading toward competition in the Thai electricity sector, which is still under the monopoly control of state-owned enterprises (SOEs). Following an overview of the current market structure of the Thai electricity sector, the process of liberalisation and deregulation that contributes to the uncompetitive market structure under SOEs’ control is examined. The author asserts that there are problems within the Energy Commission and the Energy Industry Act BE 2550 (2007) that contribute to the continuance of an uncompetitive electricity supply. Possible reforms to the Thai electricity regulation are proposed with the aim of creating market competition and efficiency in the Thai electricity sector. - Highlights: ► Author studies on the regulatory reform and a development of liberalisation plans on Thai electricity sector. ► The paper presents that the liberalisation plan was affected by the government implementation on electricity corporatisation. ► The paper asserts that the current energy regulation will not lead to market reform and competition in electricity. ► The paper also discusses on the current monopoly structure of Thai electricity sector under state owned enterprises. ► The paper concludes that Thailand needs an appropriate regulatory reform for building competition in electricity sector.

  7. Inter-utility trade in electricity

    International Nuclear Information System (INIS)

    Penman, A.

    1992-01-01

    Enhanced inter-utility cooperation could have a profound effect on the future of the electricity supply industry. Coordinated planning, development, and operations of electric power systems have the potential to reduce the cost of electricity to consumers and to lessen the impact of electricity supply on the environment. These effects could be achieved by being able to supply electricity from lower cost and more environmentally benign sources located over wider geographic areas, and having to install less new generating capacity. Access to transmission and wheeling services would be an important factor in allowing increased inter-utility cooperation to occur. Canada's National Energy Board conducted a review to identify measures that can be taken to enhance interprovincial trade in electricity, to encourage greater cooperation between electric utilities in the areas of systems planning and development, and to enable buyers and sellers of electricity to obtain access to available transmission capacity through intervening provinces for wheeling purposes. The work undertaken by the Board during that review is described. A total estimated economic benefit of $23-32.5 billion was identified, mainly from long-term firm sales and from seasonal diversity exchanges. Four options were developed that appear to be available to encourage and achieve enhanced inter-utility cooperation. These are continuation of voluntary cooperation, voluntary cooperation with federal monitoring, establishing voluntary regional planning entities, and establishing regional planning entities with mandated federal power

  8. Favourability towards electric utilities jumps 10 per cent in 1997

    International Nuclear Information System (INIS)

    Anon.

    1997-01-01

    A recent survey of public opinion has shown that 85 per cent of the public view their electric utility company favourably. This represents a 10 per cent increase over last year. A survey of 4,090 Canadians was conducted which looked at the perceptions of the value of electricity services compared to telephone, natural gas, banking, and home insurance services. The study showed that Canadian electric utility companies are viewed as positively as the telephone companies and almost as favourably as the banks. Some 71 per cent of respondents reported that the value they receive from their electric utility is excellent or good. Lower prices, better customer services and increased research into alternative power sources were among the benefits that Canadians perceive would result from a more competitive electricity sector. Some misgivings about deregulation included a belief that there would be less attention to environmental concerns and more outages. Four per cent of the respondents said they would 'definitely' switch to an alternative supplier of electricity, while 25 per cent said they would 'probably' switch to an alternative supplier of electricity. 2 tabs

  9. How to develop a world class electrical utility for the free markets of electrical energy?

    International Nuclear Information System (INIS)

    Aaltonen, J.E.; Takala, J.A.

    1995-01-01

    The electricity distribution in Finland is going to the new stage where the electrical energy market will be gradually free from competition. The purpose of this study is to analyze the concept of the world class utility. A feasibility study was made to research the condition in logistics and suitable methods for the implementation. Some ideas have been piloted to verify and find acceptable approaches of the implementation to practice. Utilities improved the cost efficiency and strategical business logistics in a customer oriented and flexible way. The methods and findings can be used on other public and industrial areas, too

  10. Impact of the legislation on electric utilities

    International Nuclear Information System (INIS)

    De Long, M.

    1982-01-01

    The possible impact of Federal nuclear waste legislation on electric utilities is discussed. The proposed legislation will set forth a well defined program enabling utilities with nuclear plants to make long term plans under a statutory mandate committed to an available technology and implementation timetable. The legislation includes the necessary specificity for the utility companies to fulfill their responsibilities in describing their waste disposal plans to their customers, the concerned public, and state and local legislators

  11. Investment Dynamics and Capacity Utilization under Monopolistic Competition

    OpenAIRE

    Omar LICANDRO

    1992-01-01

    In the tradition of Tobin's q models, the influence on investment of demand uncertainty and capacity constraints is analyzed in a monopolistically competitive economy. Under these conditions, the degree of capacity utilization has a positive effect on the markup rate and explains the difference between average q and marginal q. In the aggregate economy, when the representative firm faces only specific demand uncertainty, it is shown that the degree of capacity utilization is strictly smaller ...

  12. Unbundling generation and transmission services for competitive electricity markets

    International Nuclear Information System (INIS)

    Hirst, E.; Kirby, B.

    1998-01-01

    Ancillary services are those functions performed by the equipment and people that generate, control, and transmit electricity in support of the basic services of generating capacity, energy supply, and power delivery. The Federal Energy Regulatory Commission (FERC) defined such services as those 'necessary to support the transmission of electric power from seller to purchaser given the obligations of control areas and transmitting utilities within those control areas to maintain reliable operations of the interconnected transmission system.' The nationwide cost of ancillary services is about $12 billion a year, roughly 10% of the cost of the energy commodity. More important than the cost, however, is the necessity of these services for bulk-power reliability and for the support of commercial transactions. FERC's landmark Order 888 included a pro forma tariff with provision for six key ancillary services. The Interconnected Operations Services Working Group identified another six services that it felt were essential to the operation of bulk-power systems. Several groups throughput the United States have created or are forming independent system operators, which will be responsible for reliability and commerce. To date, the electricity industry (including traditional vertically integrated utilities, distribution utilities, power markets and brokers, customers, and state and federal regulators) has paid insufficient attention to these services. Although the industry had made substantial progress in identifying and defining the key services, much remains to be doe to specify methods to measure the production, delivery, and consumption of these services; to identify the costs and cost-allocation factors for these services; and to develop market and operating rules for their provision and pricing. Developing metrics, determining costs, and setting pricing rules are important because most of these ancillary services are produced by the same pieces of equipment that

  13. A bid solicitation and selection method for developing a competitive spot priced electric market

    International Nuclear Information System (INIS)

    Ancona, J.J.

    1997-01-01

    The electric utility industry is in the beginning throes of a transformation from a cost-based regulated structure to a more market based less regulated system. Traditional unit commitment and economic dispatch methodologies can continue to provide reliable least-cost solutions, providing they are modified to accommodate a larger sphere of market participants. This paper offers a method for an entity such as an Independent System Operator (ISO) to solicit and evaluate bids for developing a spot priced electric market by replicating existing utility practices that are effective and efficient, while creating an open and equitable competitive marketplace for electricity

  14. Management of busbar costs and spending tradeoffs for the transition to competitive markets in electricity

    Energy Technology Data Exchange (ETDEWEB)

    Corio, M.R.; Boyd, G. [Applied Economic Research Co., Inc., New York, NY (United States)

    1995-09-01

    Competition is changing the fundamental basis for doing business in the electricity generation market. As the market moves toward competitive market conditions, electricity will be viewed increasingly as a commodity--not only supplied to customers within a utility`s service area, but brokered and marketed outside its area as well. With movement toward retail wheeling being considered in California, Michigan, and New York, it may soon become a reality as well. This means that a utility can no longer feel secure as the monopoly supplier of electricity within its own franchise area. To remain the main supplier in its current service area and compete for customers in other service areas, utilities will need to understand and examine all the components of ``busbar costs`` at its generating units. As competition drives the market to marginal costs, generating units with costs exceeding the market clearing price for electricity may soon have a limited role in the generation market. As the industry evolves, competition in the marketplace will force uneconomic plants to reduce costs or go out of business. This paper discusses results of studies addressing the evaluation of cost effectiveness, benchmarking of cost-efficiency, and development of marginal cost curves for busbar costs based on the development and aggregation of the three key measures which determine the cost and level of output (generation): (1) reliability; (2) heat rate; and (3) planned outage factor.

  15. The Municipal Electrical Utilities' role in buying and selling power

    International Nuclear Information System (INIS)

    Crocker, D.I.

    1999-01-01

    Ontario's Municipal Electrical Utilities (MEUs) are the front-line providers of electricity services for most of the consumers in Ontario. MEUs serve 2.8 million customers (about 70 per cent of all power sold in Ontario). The new regulatory regime resulting from Ontario's Energy Competition Act (1998) will significantly impact MEUs. The changes aim to consolidate and rationalize the point of sale provision of power to Ontario customers and increase the efficiency of the sector. The Energy Competition Act (1998) creates a competitive electricity marketplace and provides mechanisms for its operation, but it is the MEUs which will bear the risk of market failures. Some of the changes which will be most important to MEUs are: (1) incorporation, (2) default supplier, and (3) oversight by the OEB. It is the author's view that the move towards open markets in electricity is unlikely to enlarge the decision making power of MEUs. On the contrary, the legislative scheme creates a complex regulatory environment wherein the distribution corporation must strictly comply with the OEB's requirements and public policy concerns in exercising its functions. As the MEUs essentially serve as a buffer in the newly opened retail markets, they must find ways to minimize their risk of market failures or spread the cost so as to remain viable commercial entities. They must also devise new information systems prior to the opening of the new market to deal with customer and default consumer pricing, billing and transfer of customers to and from retailers. Municipal utilities will also have to consider restructuring of their own operations, including determining which businesses should be pursued through competitive affiliates

  16. Electricity/natural gas competition in Quebec

    International Nuclear Information System (INIS)

    Bernard, J.-T.

    1992-01-01

    The evolution of energy market shares (electricity, natural gas and oil products) in Quebec's residential and commercial sectors in the 1980s shows that energy source relative prices have influenced consumer behavior as expected. A set of comparisons from space and water heating markets in these sectors with regard to prices paid by consumers and costs incurred by society in general is presented. For the residential sector, it is seen that consumers pay only a fraction of the cost for electric space and water heating; the same service could be provided at smaller cost by natural gas. For the commercial sector, the electricity and natural gas tariffs convey the appropriate message with respect to the cost incurred in providing the service. 6 refs., 7 tabs

  17. Electricity supply. The effects of competitive power purchases are not yet certain

    International Nuclear Information System (INIS)

    England-Joseph, Judy; Wood, David G.; Bausell, Charles W. Jr.; Farah, Philip G.; Alexander, Alice M.; Griffes, Peter H.; Jorritsma, James S.; Skud, Bruce; Dunbrack, Linda W.

    1990-08-01

    Most electricity in the United States is produced by utilities that own and operate facilities for the generation, transmission, and distribution of power. Utilities traditionally have operated as regulated monopolists, each within an established geographic area. In return, utilities have an obligation to provide reliable electricity to all consumers in their territory at a reasonable price. Many utility companies also participate in power pools, under which they may purchase electricity from one another to meet requirements. Utilities are allowed to earn a return on plants they own and operate, while the costs of purchased electricity are passed directly to consumers. To encourage the development of alternative energy resources, the Public Utility Regulatory Policies Act of 1978, as amended, (PURPA) required utilities to purchase power offered by qualifying facilities at a price not exceeding the utilities' avoided cost of generating it or purchasing it from another source. In part to help state regulators and utilities determine utilities' avoided costs and to help sort through a flood of bids, competitive bidding, which allows market forces to help determine prices, has emerged as a means of purchasing power from nonutility generators. Because several years are often required to construct generating sources, utilities have little operating experience with competitively purchased electricity. Thus, the effects of competitive power purchases on the long-term reliability of electric service - which is affected by the reliability of all sources and transmission and distribution facilities are not yet certain and difficult to assess. Among the three utilities reviewed, only at Central Maine Power have sources of competitively purchased power entered service, and they have operated reliably. However, each utility reviewed has accepted bids that were subsequently withdrawn, for financial or other reasons, prior to scheduled service dates. When selecting nonutility

  18. Competitiveness of grid-connected solar electricity in Sweden - as seen from the perspective of the utilities and the net owners; Konkurrenskraft foer naetansluten solel i Sverige - sett ur kraftfoeretagens och naetaegarnas perspektiv

    Energy Technology Data Exchange (ETDEWEB)

    Carlstedt, Nils-Eric [Vattenfall Power Consultant AB, Stockholm (Sweden); Karlsson, Bjoern; Kjellsson, Elisabeth; Samuelsson, Olof [Faculty of Engineering (LTH), Lund University, Lund (Sweden); Neij, Lena [International Institute for Industrial Environmental Economics, Lund University, Lund (Sweden)

    2006-12-15

    The objective of this report was to analyse the competitiveness of grid-connected solar power in Sweden - and specifically the competitiveness for energy companies and net owners. In theory, solar power could to a large extent fulfil the electricity demand in Sweden, especially in the summer. However, the high cost of solar cells is a major barrier to implementation. Future technology development and increased efficiency could, however, lead to important cost reductions. The question is if such expected cost reductions would make grid-connected solar power a preferable investment option for energy companies and an interesting alternative for the net owners. The results of the study show that solar power will not be a competitive alternative for the energy companies in Sweden, not in 2020 and probably not in 2050. Other alternatives such as new investments in wind turbines and bio-mass based technology options will be producing electricity at a lower cost. Moreover, solar power will have an unfavourable production profile, generating power in the summertime when less needed. However, by using the reservoirs of the hydro power systems in Sweden as storage capacity, approximately 5 TWh solar power could be allowed in the Swedish electricity system. The results of the study indicate that solar power could have a positive effect on the electricity distribution system since distributed generation will result in lower losses in the system. Moreover, solar power will be produced during daytime when the electricity demand will peak. One of the main challenges for the net owners would be to design the net in such a way that the net and the solar cells could work together in the best possible way. Another challenge would be the high cost for connecting the solar cells to the grid; this cost needs to be reduced. Looking instead at the house-owners as possible investors, solar cells appear as a much more attractive alternative for the future, the value of the solar power is

  19. Applying mathematical finance tools to the competitive Nordic electricity market

    International Nuclear Information System (INIS)

    Vehvilaeinen, I.

    2004-01-01

    This thesis models competitive electricity markets using the methods of mathematical finance. Fundamental problems of finance are market price modelling, derivative pricing, and optimal portfolio selection. The same questions arise in competitive electricity markets. The thesis presents an electricity spot price model based on the fundamental stochastic factors that affect electricity prices. The resulting price model has sound economic foundations, is able to explain spot market price movements, and offers a computationally efficient way of simulating spot prices. The thesis shows that the connection between spot prices and electricity forward prices is nontrivial because electricity is a commodity that must be consumed immediately. Consequently, forward prices of different times are based on the supply-demand conditions at those times. This thesis introduces a statistical model that captures the main characteristics of observed forward price movements. The thesis presents the pricing problems relating to the common Nordic electricity derivatives, as well as the pricing relations between electricity derivatives. The special characteristics of electricity make spot electricity market incomplete. The thesis assumes the existence of a risk-neutral martingale measure so that formal pricing results can be obtained. Some concepts introduced in financial markets are directly usable in the electricity markets. The risk management application in this thesis uses a static optimal portfolio selection framework where Monte Carlo simulation provides quantitative results. The application of mathematical finance requires careful consideration of the special characteristics of the electricity markets. Economic theory and reasoning have to be taken into account when constructing financial models in competitive electricity markets. (orig.)

  20. Assessment of emission trading impacts on competitive electricity market price

    DEFF Research Database (Denmark)

    Singh, S.N.; Saxena, D.; Østergaard, Jacob

    2011-01-01

    analyzes the impact of electricity prices in the competitive electricity markets having a uniform market clearing price mechanism. Findings - It is found that the electricity prices depend on the system loading, generation mix, etc. at a particular hour. Various emission trading instruments are discussed...... side emission trading impact on electricity prices in the competitive power market. Design/methodology/approach - Various schemes are suggested and are being implemented to achieve this objective. It is expected that electricity price will increase due to imposition of emission taxes. This paper...... with a special emphasis on the European market. Research limitations/implications - Block bidding of the suppliers is considered whereas the demand is assumed to be inelastic. Originality/value - The emission trading impacts are analyzed on a simple example....

  1. The EU's Major Electricity and Gas Utilities since Market Liberalization

    International Nuclear Information System (INIS)

    Schulke, Ch.

    2010-01-01

    A major change has taken place in the company structure of the European electricity and gas markets. Twenty years ago, national or regional monopolies dominated the markets and there was strictly no competition between utilities. But since the liberalization of EU energy markets began in the 1990's, companies like E.ON, GDF Suez, EDF, Enel, and RWE have become European giants with activities in a large number of Member States. The advocates of market liberalization did not expect, or even intend, the emergence of a small number of large utilities that control an increasing part of the EU market. Some observers already claim that liberalization has led to an oligopoly with detrimental consequences for competition. Based on extensive background research, this book presents a fact-based analysis of the changes in the European utility sector since the 1990's. Case studies of the seven largest utilities illustrate how companies adapted their strategies to the changing market environment. The author underlines diverging choices and common trends like geographic expansion into new markets via mergers and acquisitions or diversification of business activities with the aim of using synergies between electricity and gas. (author)

  2. More competition: Threat or chance for financing renewable electricity?

    International Nuclear Information System (INIS)

    Szabo, Sandor; Jaeger-Waldau, Arnulf

    2008-01-01

    The paper examines how increased competition in electricity markets may reshape the future electricity generation portfolio and its potential impact on the renewable energy (RE) within the energy mix. The present analysis, which is based on modelling investor behaviour with a time horizon up to 2030, considers the economic aspects and conditions for this development with a particular focus on the photovoltaics. These aspects include pure financial/investment factors, such as the expected returns in the sector, subsidisation of certain RE resources and other policies focusing on the energy sector (liberalisation, environmental policies and security of supply considerations). The results suggest that policies aiming at the expansion of renewable energy technologies and strengthening the competition in the electricity markets have mutually reinforcing effects. More competition can reduce the financial burden of the existing renewable support schemes and consequently help to achieve the already established RE targets. (author)

  3. Determining the Cost of Capital for Turkish Electricity Distribution Utilities: Analysis and Recommendations

    OpenAIRE

    Gözen, Mustafa

    2012-01-01

    Turkey has been transforming her electricity market to a competitive one since the electricity market law was approved by the parliament in 2001. As part of the new regime, electricity distribution activities are subject to incentive-based regulation by the energy regulator - EMRA. At the beginning of each implementation period, initial revenue is allowed by EMRA for a distribution utility in which a rate of return for investments in the utility is added. Setting a fair rate is relatively eas...

  4. Approaches to Electric Utility Energy Efficiency for Low Income Customers in a Changing Regulatory Environment

    Energy Technology Data Exchange (ETDEWEB)

    Brockway, N.

    2001-05-21

    As the electric industry goes through a transformation to a more market-driven model, traditional grounds for utility energy efficiency have come under fire, undermining the existing mechanisms to fund and deliver such services. The challenge, then, is to understand why the electric industry should sustain investments in helping low-income Americans use electricity efficiently, how such investments should be made, and how these policies can become part of the new electric industry structure. This report analyzes the opportunities and barriers to leveraging electric utility energy efficiency assistance to low-income customers during the transition of the electric industry to greater competition.

  5. Management of busbar costs and spending tradeoffs for the transition to competitive markets in electricity

    International Nuclear Information System (INIS)

    Corio, M.R.; Boyd, G.

    1995-01-01

    Competition is changing the fundamental basis for doing business in the electricity generation market. As the market moves toward competitive market conditions, electricity will be viewed increasingly as a commodity--not only supplied to customers within a utility's service area, but brokered and marketed outside its area as well. With movement toward retail wheeling being considered in California, Michigan, and New York, it may soon become a reality as well. This means that a utility can no longer feel secure as the monopoly supplier of electricity within its own franchise area. To remain the main supplier in its current service area and compete for customers in other service areas, utilities will need to understand and examine all the components of ''busbar costs'' at its generating units. As competition drives the market to marginal costs, generating units with costs exceeding the market clearing price for electricity may soon have a limited role in the generation market. As the industry evolves, competition in the marketplace will force uneconomic plants to reduce costs or go out of business. This paper discusses results of studies addressing the evaluation of cost effectiveness, benchmarking of cost-efficiency, and development of marginal cost curves for busbar costs based on the development and aggregation of the three key measures which determine the cost and level of output (generation): (1) reliability; (2) heat rate; and (3) planned outage factor

  6. Regulation and competition in United Kingdom electricity and gas industries

    International Nuclear Information System (INIS)

    McGowan, F.

    1992-01-01

    Focussing on the role of regulation in developing competition, this paper reviews the development of a regulation system to monitor and control prices, as well as, quality of service, in the UK's recently privatized electricity and gas industries. The review covers: the control mechanisms applied to the natural gas tariff and contract markets in the area of common carriage; performance monitoring and the concept of yardstick competition in the electric power industry; and the management and control, by OFFER (Office of Electricity Regulation), of the total 'pool' of generated electricity. It is noted that whereas Great Britain's particular energy supply situation permits this nation to attempt privatization/competition regulation, the energy balances of other European countries make similar attempts, for them, risky. The UK experience with privatization/competition regulation so far has shown that regulation is indispensable in guaranteeing competition, and that the incorporation of the controlling board within the framework of anti-trust legislation and the granting of full autonomy to this board has greatly favoured its effectiveness

  7. Challenges in sensor development for the electric utility industry

    Science.gov (United States)

    Ward, Barry H.

    1999-01-01

    The electric utility industry is reducing operating costs in order to prepare for deregulation. The reduction in operating cost has meant a reduction in manpower. The ability to utilize remaining maintenance staff more effectively and to stay competitive in a deregulated environment has therefore become critical. In recent years, the industry has moved away from routine or periodic maintenance to predictive or condition based maintenance. This requires the assessment of equipment condition by frequent testing and inspection; a requirement that is incompatible with cost reduction. To overcome this dilemma, industry trends are toward condition monitoring, whereby the health of apparatus is monitored continuously. This requires the installation of sensors hr transducers on power equipment and the data taken forwarded to an intelligent device for further processing. These devices then analyze the data and make evaluations based on parameter levels or trends, in an attempt to predict possible deterioration. This continuous monitoring allows the electric utility to schedule maintenance on an as needed basis. The industry has been faced with many challenges in sensor design. The measurement of physical, chemical and electrical parameters under extreme conditions of electric fields, magnetic fields, temperature, corrosion, etc. is extensive. This paper will give an overview of these challenges and the solutions adopted for apparatus such as power transformers, circuit breakers, boilers, cables, batteries, and rotating machinery.

  8. Competitiveness of biomass-fueled electrical power plants.

    Science.gov (United States)

    Bruce A. McCarl; Darius M. Adams; Ralph J. Alig; John T. Chmelik

    2000-01-01

    One way countries like the United States can comply with suggested rollbacks in greenhouse gas emissions is by employing power plants fueled with biomass. We examine the competitiveness of biomass-based fuel for electrical power as opposed to coal using a mathematical programming structure. We consider fueling power plants from milling residues, whole trees, logging...

  9. The evolution of the electric power market towards competition

    International Nuclear Information System (INIS)

    Puerta, J.F.; Arceluz, J.F.

    1995-01-01

    The changes introduced in the electric power industry aiming at improving the systems' efficiency are presented. These changes will make the generation, transmission and distribution activities competitive. The advantages and disadvantages of these initiatives and their economic and cultural contexts are analysed

  10. Generation Capacity Investments in Electricity Markets : Perfect Competition

    NARCIS (Netherlands)

    Gürkan, G.; Ozdemir, O.; Smeers, Y.

    2013-01-01

    Abstract: In competitive electricity markets, markets designs based on power exchanges where supply bidding (barring demand-side bidding) is at the sole short run marginal cost may not guarantee resource adequacy. As alternative ways to remedy the resource adequacy problem, we focus on three

  11. Competitive electricity markets: One size should fit all

    International Nuclear Information System (INIS)

    Ruff, L.E.

    1999-01-01

    Various market models have been used to try to create competition in the electricity industry in various parts of the world, with varying degrees of success. But every electricity market that has produced reasonably effective and efficient competition has been based on some version of the same generic model. And most of the problems encountered by these markets--apart from problems due to structural flaws such as too few competitors--can be attributed to inconsistent or incomplete application of this basic model concept. In this sense, one size of market model really does fit all--or at least one size should fit all if the objective is to create effective and efficient competition for the benefit of consumers. Effort to slow or reverse the movement to an open spot market integrated with physical dispatch will create complexities and inefficiencies that benefit oligopolists and middlemen at the expense of smaller producers and final consumers

  12. Competitive electricity markets: One size should fit all

    Energy Technology Data Exchange (ETDEWEB)

    Ruff, L.E.

    1999-11-01

    Various market models have been used to try to create competition in the electricity industry in various parts of the world, with varying degrees of success. But every electricity market that has produced reasonably effective and efficient competition has been based on some version of the same generic model. And most of the problems encountered by these markets--apart from problems due to structural flaws such as too few competitors--can be attributed to inconsistent or incomplete application of this basic model concept. In this sense, one size of market model really does fit all--or at least one size should fit all if the objective is to create effective and efficient competition for the benefit of consumers. Effort to slow or reverse the movement to an open spot market integrated with physical dispatch will create complexities and inefficiencies that benefit oligopolists and middlemen at the expense of smaller producers and final consumers.

  13. High slot utilization systems for electric machines

    Science.gov (United States)

    Hsu, John S

    2009-06-23

    Two new High Slot Utilization (HSU) Systems for electric machines enable the use of form wound coils that have the highest fill factor and the best use of magnetic materials. The epoxy/resin/curing treatment ensures the mechanical strength of the assembly of teeth, core, and coils. In addition, the first HSU system allows the coil layers to be moved inside the slots for the assembly purpose. The second system uses the slided-in teeth instead of the plugged-in teeth. The power density of the electric machine that uses either system can reach its highest limit.

  14. Nuclear Power Plants in a Competitive Electricity Market

    International Nuclear Information System (INIS)

    Jankauskas, V.

    2002-01-01

    Electricity demand is growing in the world by an average rate of 3% and, according to the International Energy Agency, is going to keep this pace of growth for the 1st quarter of the 21st century. At the same time, the role of the nuclear in the world energy mix is diminishing, and in 2020 only 9% of the world electricity will be produced at the nuclear plants versus 17% in 2000. The main reasons for the nuclear power diminishing share in the world market are not environmental or safety problems, as one may assume, but technical and economical. Long construction time, high capital cost, huge liabilities connected with the spent nuclear fuel and radioactive waste treatment, storage and final disposal are the main factors restricting the further growth of the nuclear power. Nevertheless, in the liberalized markets (U.K., Germany, Scandinavian countries) nuclear power plants are operating rather successfully. In a short run nuclear plants may become very competitive as they have very low short-run marginal costs, but in the long run they may become very in competitive. The Ignalina NPP plays the dominant ro]e in the Lithuanian electricity market, producing more than 75% of the total domestic electricity. It produces the cheapest electricity in Lithuania, mostly due to its higher availability, than the thermal power plants. The price of electricity sold by Ignalina is also lower as it does not cover all costs connected with the future decommissioning of the plant, spent fuel storage and final disposal. If at least part of this cost were included into the selling price, Ignalina might become highly competitive in a liberalised electricity market. As the Lithuanian Electricity law requires to deregulate electricity. generation prices, these prices should be set by the market. (author)

  15. The electric utilities in 1989 - A perspective

    International Nuclear Information System (INIS)

    Studness, C.M.

    1990-01-01

    This article presents the performance of electric utilities financially and in the stock market. The performance of the utility stocks compared with industrial stocks and long term government bonds is addressed as well as an analysis of the reasons for the differences. The effect of rate increases granted versus the rate of inflation on per share earnings is examined. A concern was expressed that increases in demand substantially larger than those projected by the industry for 1989 may result in excess capacity disappearing much sooner than predicted by industry managements

  16. Retail competition in electricity supply—Survey results in North Carolina

    International Nuclear Information System (INIS)

    McDaniel, Tanga M.; Groothuis, Peter A.

    2012-01-01

    Residential retail competition in electricity supply was introduced in many countries and some US states as part of electricity industry deregulation. Following problems in the electricity market in California in 2000/2001 many US states, including North Carolina, suspended their deregulation agenda. Recent technological advances have made competition more viable, so we ask if NC should reconsider deregulation and retail competition. The welfare benefits will depend on consumers’ willingness to switch suppliers and the potential for value added innovations. In electricity and industries such as pay-tv and telecommunications consumers are ‘sticky’, remaining with their current supplier even though rivals offer savings. Moreover, some analysts question the likelihood of significant welfare improvements from retail competition. We survey residents in two NC counties focusing on: (i) households’ knowledge of and interest in retail competition, (ii) factors that would encourage them to switch suppliers and (iii) the required savings to encourage switching. About 50–65% of respondents would favor retail competition in NC. Demographic variables and experience switching in other industries affect opinions and the savings required to incent switching. We conclude the estimated rate reduction to encourage competitive switching will be hard to achieve in NC as long as rates remain below the national average. - Highlights: ► NC survey results suggest residents are interested in utility supply competition. ► Socio-demographic variables affect opinions. ► A lower bound on required savings to incent switching is about 1.4¢/kWh. ► NC residential rates are below the national average, so such a savings is unlikely.

  17. Electricity prices in a competitive market: a preliminary analysis of the deregulated Thai electricity industry

    International Nuclear Information System (INIS)

    Pipattanasomporn, M.; Ongsakul, W.; Pacudan, R.; Lefevre, T.

    2000-01-01

    The electricity industry throughout the world is currently undergoing a significant transition towards restructuring and deregulation. Following this new legislation, Thailand has initiated an institutional and structural reform with a belief that this could be the best way forward for the Thai electricity supply industry (ESI) to improve efficiency, lower electricity prices, and tackle financial debts. This paper presents an analysis of the extent to which prices for generation services in a competitive market may differ from regulated electricity prices, if competitive prices are based on marginal costs and regulated prices are based on average costs, by using Thailand as a case study. (Author)

  18. Waste utilization in electric energy industry

    International Nuclear Information System (INIS)

    Parate, N.S.; Harris, E.

    1991-01-01

    This paper reports that electric energy is an integral element of today's economy and the standard quality of life. The availability of energy at an affordable cost has always been of basic concern because of the intimate relationship of energy to our societal development and progress. Coal and Uranium are the primary alternative energy sources for large electric power plants. Coal remains the dominant fuel for electric generation. The pressurized fluidized bed combustion technology has the potential of utilizing all types of coal, including coal with high ash, high sulphur, and high moisture content. Fluidized bed combustion is a firing technique which fulfills today's pollution control requirements without downstream flue gas cleaning plants like scrubbers, baghouses, and precipitators

  19. Profiting from competition: Financial tools for electric generation companies

    Science.gov (United States)

    Richter, Charles William, Jr.

    Regulations governing the operation of electric power systems in North America and many other areas of the world are undergoing major changes designed to promote competition. This process of change is often referred to as deregulation. Participants in deregulated electricity systems may find that their profits will greatly benefit from the implementation of successful bidding strategies. While the goal of the regulators may be to create rules which balance reliable power system operation with maximization of the total benefit to society, the goal of generation companies is to maximize their profit, i.e., return to their shareholders. The majority of the research described here is conducted from the point of view of generation companies (GENCOs) wishing to maximize their expected utility function, which is generally comprised of expected profit and risk. Strategies that help a GENCO to maximize its objective function must consider the impact of (and aid in making) operating decisions that may occur within a few seconds to multiple years. The work described here assumes an environment in which energy service companies (ESCOs) buy and GENCOs sell power via double auctions in regional commodity exchanges. Power is transported on wires owned by transmission companies (TRANSCOs) and distribution companies (DISTCOs). The proposed market framework allows participants to trade electrical energy contracts via the spot, futures, options, planning, and swap markets. An important method of studying these proposed markets and the behavior of participating agents is the field of experimental/computational economics. For much of the research reported here, the market simulator developed by Kumar and Sheble and similar simulators has been adapted to allow computerized agents to trade energy. Creating computerized agents that can react as rationally or irrationally as a human trader is a difficult problem for which we have turned to the field of artificial intelligence. Some of our

  20. Nuclear regulatory challenges arising from competition in electricity markets

    International Nuclear Information System (INIS)

    2001-01-01

    In recent years a world-wide trend has been developing to introduce competition in electricity markets. As market competition unfolds, it produces a wide range of safety challenges for nuclear power plant operators and regulators. Nuclear regulators must be aware of the potential safety challenges produced and consider whether new regulatory response strategies are warranted. This report describes many of these challenges, their implications and possible regulatory response strategies. The intended audience is primarily nuclear safety regulators, although government authorities, nuclear power plant operators and the general public may also be interested. (author)

  1. Measuring competitiveness of the EPEX spot market for electricity

    International Nuclear Information System (INIS)

    Graf, Christoph; Wozabal, David

    2013-01-01

    The issue of market concentration in electricity markets and resulting possible anti-competitive behavior of producers is a much discussed topic in many countries. We investigate the day-ahead market for electricity at the EPEX, the largest central European market for electricity. To analyze whether generating companies use their market power to influence prices, we use a conjectural variations approach as well as a direct approach to construct marginal costs of electricity production. Given the available data, we cannot reject the hypothesis that there was no systematic abuse of market power by the suppliers of electricity on the EPEX day-ahead spot market for the years 2007–2010. These results are essentially robust when restricting the sample to high load hours, which are generally considered to be the most prone to market manipulation. -- Highlights: •We investigate the efficiency of the German spot market for electricity. •We employ a conjectural variations approach and a fundamental market model. •Peak load hours and base load hours are analyzed separately. •We find that the market was competitive from 2007 to 2010 for both base and peak hours. •Policies to promote market transparency in Germany can be regarded as successful

  2. Factors affecting the cost and competitiveness of nuclear electricity

    International Nuclear Information System (INIS)

    Bertel, E.; Stevens, G.H.

    1996-01-01

    The general context in which are carried out the investment choices of the electric sector has evolved in a significant way during these last years and the changes are to a certain extent irreversible. Economic globalization, deregulation of the electricity market, privatisation of electricity producers, and increasing awareness of environmental issues are modifying the policy-making landscape and the criteria and priorities of decision-makers in the power sector. Competitiveness remains a cornerstone for evaluating and choosing alternative technologies in the process of planning and decision-making for electricity system expansion or power plant replacement. Nevertheless, the production costs analysis inserts factors which were not taking before into account as for instance social impacts, health and environmental effects. These new approaches better reveal the total costs of the different production means. They will certainly lead to different choices than those based on the whole comparison of direct costs supported by producers. The economic studies carried out by the Nuclear Energy Agency of the OECD (NEA) cover all the preceding aspects and give objective information on the competitiveness of nuclear electricity. The nuclear industry has today the necessary means to take up the challenges of the electricity new markets. (O.M.)

  3. [Competition among gas utilities]. It's a brave new world

    International Nuclear Information System (INIS)

    Minton, B.

    1995-01-01

    Conventional wisdom about competition among public utilities sates that once any rival offers the commodity at a 5 percent price advantage customers will begin to switch in droves. Whether or not that was ever true for natural gas in the past, many believe it will not be true for residential and small commercial customers in the environment unfolding after Order 636, the Federal Energy Regulatory commission directive that took gas pipelines out of the merchant function and vastly increased competition in the gas market. Why won't price drive the market? A look at lessons learned from deregulation in the telecommunications industry leads to a few reasons why: (1) Although it may be unbundled from related transportation, storage and billing services, natural gas will no longer be sold independent of the other products. It may not even be the focus of the sales transaction. Therefore,the price of gas will no longer drive the purchase decision. (2) Gaining, retaining or losing customers will be simulated only through complete understanding and fulfillment of the needs of each of the most valuable customer segments. (3) Similarly, brand loyalty will be built only if the marketer stays in touch with customers' evolving needs and continues to respond with new products. Gas utilities will need to set their strategy, identify customer needs, develop plans to meet these needs, and evaluate new products. These factors are discussed

  4. Capacity investment and competition in decentralized electricity markets

    Energy Technology Data Exchange (ETDEWEB)

    Fehr, Nils-Henrik von der; Harbord, David Cameron

    1997-11-01

    With particular reference to the recently deregulated and market-based electricity industries in Norway, the UK and elsewhere the report analyses oligopoly entry and capacity investment decisions as a non-cooperative game in a decentralized electricity market. A two-stage game is considered, with multiple capacity types and uncertain demand, in which capacity decisions are made prior to spot-market, or price competition. Equilibrium outcomes for different pricing mechanisms or regulatory regimes are analysed. The following questions are dealt with in particular: Will industry capacity be sufficient to ensure adequate supply security? Does imperfect competition in the spot-market lead to an inefficient mix of base-load and peak-load technologies? How do different regulatory policies affect the market outcomes? 24 refs., 2 figs., 1 tab.

  5. Utility Sector Impacts of Reduced Electricity Demand

    Energy Technology Data Exchange (ETDEWEB)

    Coughlin, Katie

    2014-12-01

    This report presents a new approach to estimating the marginal utility sector impacts associated with electricity demand reductions. The method uses publicly available data and provides results in the form of time series of impact factors. The input data are taken from the Energy Information Agency's Annual Energy Outlook (AEO) projections of how the electric system might evolve in the reference case, and in a number of side cases that incorporate different effciency and other policy assumptions. The data published with the AEO are used to define quantitative relationships between demand-side electricity reductions by end use and supply-side changes to capacity by plant type, generation by fuel type and emissions of CO2, Hg, NOx and SO2. The impact factors define the change in each of these quantities per unit reduction in site electricity demand. We find that the relative variation in these impacts by end use is small, but the time variation can be significant.

  6. Using energy storage for strategic advantage in competitive electricity markets

    International Nuclear Information System (INIS)

    Hurwitch, J.W.; Symons, P.

    1998-01-01

    Energy storage products are emerging for use in power quality, electric transmission and distribution, and renewable energy applications. Despite this emergence into high-value markets, widespread market penetration will only occur when the value of the services that energy storage products can deliver are clearly delineated. The emergence of competitive electricity markets will more clearly define the flexible benefits of energy storage devices. This paper presents a summary of the ESA's position of the status of energy storage technologies, the market barriers, and steps the ESA is undertaking to reduce these barriers. (author)

  7. Electric market models, competitive model and alternative design

    International Nuclear Information System (INIS)

    Arnedillo, O.

    2007-01-01

    Almost ten years after the liberalization of the Spanish electric system, its market design has remained basically unchanged. Therefore, it is reasonable to consider whether the current model continues to be adequate or whether it should be changed. However, although the current model is far from the absolute optimum, it is suited to the current state of the Spanish system. Only some improvements, such as the reform of the capacity guarantee payment can be undertaken immediately. It will only be possible to undertake other improvements as distribution companies cover all of their electricity needs in forward contracts acquired through a competitive process. (Author)

  8. Financial statistics of major publicly owned electric utilities, 1991

    International Nuclear Information System (INIS)

    1993-01-01

    The Financial Statistics of Major Publicly Owned Electric Utilities publication presents summary and detailed financial accounting data on the publicly owned electric utilities. The objective of the publication is to provide Federal and State governments, industry, and the general public with data that can be used for policymaking and decisionmaking purposes relating to publicly owned electric utility issues

  9. Financial statistics of major publicly owned electric utilities, 1991

    Energy Technology Data Exchange (ETDEWEB)

    1993-03-31

    The Financial Statistics of Major Publicly Owned Electric Utilities publication presents summary and detailed financial accounting data on the publicly owned electric utilities. The objective of the publication is to provide Federal and State governments, industry, and the general public with data that can be used for policymaking and decisionmaking purposes relating to publicly owned electric utility issues.

  10. Financial statistics of major investor-owned electric utilities, 1991

    International Nuclear Information System (INIS)

    1993-01-01

    The Financial Statistics of major Investor-Owned Electric Utilities publication presents summary and detailed financial accounting data on the investor-owned electric utilities. The objective of the publication is to provide Federal and State governments, industry, and the general public with current and historical data that can be used for policymaking and decisionmaking purposes related to investor-owned electric utility issues

  11. IT use in electric utilities - today and tomorrow

    International Nuclear Information System (INIS)

    Persson, Maria

    1998-01-01

    A survey of the present and future use of IT-systems in British electric utilities is presented. Systems for Asset Management, Reliability Centered Maintenance, Customer Databases etc are discussed. A few utilities are studied more closely (Eastern Electricity, London Electricity, Scottish Power and Yorkshire Electricity)

  12. Independent power and cogeneration in Ontario's new competitive electricity market

    International Nuclear Information System (INIS)

    Barnstable, A.G.

    1999-01-01

    The factors influencing the initial market pricing in the early years of Ontario's new electricity market were discussed with particular insight on the potential for near term development of independent power and cogeneration. The major factors influencing prices include: (1) no increase in retail prices, (2) financial restructuring of Ontario Hydro, (3) the Market Power Mitigation Agreement, (4) tighter power plant emissions standards, and (5) an electricity supply and demand balance. Generation competition is not expected to influence market pricing in the early years of the new electricity market. Prices will instead reflect the restructuring decisions of the Ontario government. The decision to have Ontario Power Generation Inc. (OPGI) as a single generator for Ontario Hydro's generation assets will ensure that average spot market pricing in the early market years will be close to a 3.8 c/kWh revenue cap

  13. Competition in electricity spot markets. Economic theory and international experience

    Energy Technology Data Exchange (ETDEWEB)

    Fehr, Nils-Henrik von der; Harbord, David

    1998-09-01

    This publication gives a survey of economic theory and international experience connected to electricity spot markets. The main purpose is to consider the attempts that have been made to apply economic theory and empirical methods to the analysis of electricity markets, and to evaluate them in light of theoretical considerations and empirical evidence. The publication describes in simple terms the basic pool pricing mechanism, and experience with pools in a number of countries. It is worth emphasizing that it is not the purpose to treat in extensive detail the structure of electricity pools around the world. Key factors of the markets in England and Wales, Norway and Australia are described in order to allow for a comparison of design issues and evaluation of competitive performance. 80 refs., 14 figs., 15 tabs.

  14. Monopoly and competition in the electric power industry

    International Nuclear Information System (INIS)

    Eugeniu, P.; Rucareanu, L.C.

    1995-01-01

    The authors show how some of the electric energy characteristics can lead to monopoly and state control and how this trend acts in the totalitarian regimes and in the market economy countries. For exemplification, the organization of the electricity industry in several countries, its evolution and its trends for the near future, are shown. Taking into consideration the Romanian present situation, there are underlined the factors able to ensure the transition to a regime based on private property and competition. Finally it is shown that the Romanian electricity industry requires a two stage implementation of the privatization process: first a non-cession form implying management contracts, loaning contracts, concessions in exploitation and public and private enterprises associations, followed by a cession form when the capital is privatized by direct selling. (author)

  15. Current issues in Canadian electricity deregulation and competition

    Energy Technology Data Exchange (ETDEWEB)

    Roman, A.J. [Calgary Univ., Calgary, AB (Canada). Canadian Inst. of Resources Law

    1998-03-30

    The deregulation of the electricity industry in Canada was the main focus of this paper. In most developed countries, industries formerly dominated by a monopoly service provider have already been significantly restructured through the introduction of competition. In Canada, such restructuring has taken place only in the airline, railway, natural gas and telephone industry. In most Canadian provinces, except Alberta, electricity generation, transmission and distribution is still owned and operated by provincial and municipal governments. This report examines the present situation in electricity deregulation in Alberta, provides a summary of analysis of London Economics Inc.`s proposals and Bill 27, and presents the author`s own conclusions. A broader perspective and context is provided by references to other regulations of other industries throughout the report.

  16. Canada's first competitive electricity market: the Alberta experience

    International Nuclear Information System (INIS)

    McMaster, D.

    1997-01-01

    The restructuring of the electric power industry as experienced in the province of Alberta was discussed. Alberta's electric industry structure today is comprised of a power pool and open access transmission. The forces for change, the evolution of the new structure, the new Electric Utilities Act that defined restructuring, features of the restructured industry, the organization and functions of the Alberta Power Pool and the Transmission Administrator, the day-to-day functioning of the Power Pool, the price setting mechanism, access to the transmission system, the legislated financial hedges, the timeline for the retirement of the existing generation system, and anticipated future developments were described

  17. Public utilities in networks: competition perspectives and new regulations; Services publics en reseau: perspectives de concurrence et nouvelles regulations

    Energy Technology Data Exchange (ETDEWEB)

    Bergougnoux, J

    2000-07-01

    This report makes first a status about the historical specificities, the present day situation and the perspectives of evolution of public utilities in networks with respect to the European directive of 1996 and to the 4 sectors of electricity, gas, railway transport and postal service. Then, it wonders about the new institutions and regulation procedures to implement to conciliate the public utility mission with the honest competition. (J.S.)

  18. Estimating potential stranded commitments for U.S. investor-owned electric utilities

    International Nuclear Information System (INIS)

    Baxter, L.; Hirst, E.

    1995-01-01

    New technologies, low natural gas prices, and federal and state utility regions are restructuring the electricity industry. Yesterday's vertically integrated utility with a retail monopoly franchise may be a very different organization in a few years. Conferences, regulatory-commission hearings, and other industry fora are dominated by debates over the extent and form of utility deintegration, wholesale competition, and retail wheeling. A key obstacle to restructuring the electricity industry is stranded commitments. Past investments, power-purchase contracts, and public-policy-driven programs that made sense in an era of cost-of-service regulation may not be cost-effective in a competitive power market. Regulators, utilities, and other parties face tough decisions concerning the mitigation and allocation of these stranded commitments. The authors developed and applied a simple method to calculate the amount of stranded commitments facing US investor-owned electric utilities. The results obtained with this method depend strongly on a few key assumptions: (1) the fraction of utility sales that is at risk with respect to competition, (2) the market price of electric generation, and (3) the number of years during which the utility would lose money because of differences between its embedded cost of production and the market price

  19. Transmission capacities and competition in Western European electricity market

    International Nuclear Information System (INIS)

    Spiridonova, Olga

    2016-01-01

    The integration of national electricity markets into a single European one is expected to reduce the ability of dominant players to exercise market power. This paper investigates whether or not existing transmission capacities of cross-border interconnectors are sufficient to achieve this result and create vigorous competition in the market. A model with two decision levels is used. On the first level profit maximizing generators play Cournot game against each other. On the last level the system operator clears the market and determines flows in the network to maximize social welfare subject to a set of physical constraints. As each strategic generator anticipates her impact on equilibrium prices and congestion in the system, her optimization problem is subject to equilibrium constraints from the system operator's problem. The analysis demonstrates that interconnector capacities in Western Europe are insufficient for integration alone to reduce the exercise of market power. I compare several possible competition-enhancing policies: expansion of interconnectors and different scenarios of national markets’ restructuring. I show that although increase of line capacity is a useful tool to stimulate competition in an integrated market, it is not a substitute for the restructuring of large players. - Highlights: •The ability of integration to reduce market power depends on transmission capacities. •In the model firms compete in quantities, know their impact on prices and congestion. •In Western Europe integration will not diminish market power. •Line extension stimulates competition but is not a substitute for the regulation.

  20. Feedback, competition and stochasticity in a day ahead electricity market

    International Nuclear Information System (INIS)

    Giabardo, Paolo; Zugno, Marco; Pinson, Pierre; Madsen, Henrik

    2010-01-01

    Major recent changes in electricity markets relate to the process for their deregulation, along with increasing participation of renewable (stochastic) generation e.g. wind power. Our general objective is to model how feedback, competition and stochasticity (on the production side) interact in electricity markets, and eventually assess what their effects are on both the participants and the society. For this, day ahead electricity markets are modeled as dynamic closed loop systems, in which the feedback signal is the market price. In parallel, the Cournot competition model is considered. Mixed portfolios with significant share of renewable energy are based on stochastic threshold cost functions. Regarding trading strategies, it is assumed that generators are looking at optimizing their individual profits. The point of view of the society is addressed by analyzing market behavior and stability. The performed simulations show the beneficial effects of employing long term bidding strategies for both generators and society. Sensitivity analyses are performed in order to evaluate the effects of demand elasticity. It is shown that increase in demand elasticity reduces the possibility for the generators to exploit their market power. Furthermore, the results suggest that introduction of wind power generation in the market is beneficial both for the generators and the society.

  1. Feedback, competition and stochasticity in a day ahead electricity market

    Energy Technology Data Exchange (ETDEWEB)

    Giabardo, Paolo; Zugno, Marco; Pinson, Pierre; Madsen, Henrik [DTU Informatics, Technical University of Denmark, Richard Petersens Plads 305, DK-2800 Kgs. Lyngby (Denmark)

    2010-03-15

    Major recent changes in electricity markets relate to the process for their deregulation, along with increasing participation of renewable (stochastic) generation e.g. wind power. Our general objective is to model how feedback, competition and stochasticity (on the production side) interact in electricity markets, and eventually assess what their effects are on both the participants and the society. For this, day ahead electricity markets are modeled as dynamic closed loop systems, in which the feedback signal is the market price. In parallel, the Cournot competition model is considered. Mixed portfolios with significant share of renewable energy are based on stochastic threshold cost functions. Regarding trading strategies, it is assumed that generators are looking at optimizing their individual profits. The point of view of the society is addressed by analyzing market behavior and stability. The performed simulations show the beneficial effects of employing long term bidding strategies for both generators and society. Sensitivity analyses are performed in order to evaluate the effects of demand elasticity. It is shown that increase in demand elasticity reduces the possibility for the generators to exploit their market power. Furthermore, the results suggest that introduction of wind power generation in the market is beneficial both for the generators and the society. (author)

  2. Competitive nuclear production on the nordic deregulated electricity market

    International Nuclear Information System (INIS)

    Bohl, T.

    2000-01-01

    The Nordic electricity market has been partly deregulated since 1994. Today only Denmark follows the timetable recommended by the European Union, while Sweden, Norway and Finland are completely deregulated. As in most countries, the production of electricity is deregulated while the distribution is still a monopoly. This deregulation of the electricity market has created a new situation for plant life management. In order to be competitive on the market it is important to cut cost down a level when the nuclear power companies earn money again. All means to cut cost have to be used while still maintaining safety and the possibilities for operation over at least 40+ years. The possibilities to invest in modernization are limited to the absolutely necessary modifications. All investments must be very thoroughly questioned and the money can only be spent where most benefit is gained. This means new prerequisites for the absolute necessary long-strategic planning. New safety requirements from the authorities have to be discussed between the industry and the authority. The requirement cost must be compared to the benefit to safety. The authority is today requested to carry out such analyses and do so in most cases. Since the electricity market is international the requirements of the authorities must be harmonized on the whole market. The political threat against nuclear power is serious in many countries and it is important to continue working with public acceptance and lobbying. Especially in Sweden a lot of effort is spent on trying to change the taxation of nuclear power. In the near future increasing electricity demand will make the prices go up to a level when nuclear power companies earn money again. The very serious worries about climate change will also strengthen the competitiveness of nuclear power. (author)

  3. Learning without experience: Understanding the strategic implications of deregulation and competition in the electricity industry

    Energy Technology Data Exchange (ETDEWEB)

    Lomi, A. [School of Economics, University of Bologna, Bologna (Italy); Larsen, E.R. [Dept. of Managements Systems and Information, City University Business School, London (United Kingdom)

    1998-11-01

    As deregulation of the electricity industry continues to gain momentum around the world, electricity companies face unprecedented challenges. Competitive complexity and intensity will increase substantially as deregulated companies find themselves competing in new industries, with new rules, against unfamiliar competitors - and without any history to learn from. We describe the different kinds of strategic issues that newly deregulated utility companies are facing, and the risks that strategic issues implicate. We identify a number of problems induced by experiential learning under conditions of competence-destroying change, and we illustrate ways in which companies can activate history-independent learning processes. We suggest that Micro worlds - a new generation of computer-based learning environments made possible by conceptual and technological progress in the fields of system dynamics and systems thinking - are particularly appropriate tools to accelerate and enhance organizational and managerial learning under conditions of increased competitive complexity. (au)

  4. Electric industry governance. Reconciling competitive power markets and the physics of complex transmission interconnections

    Energy Technology Data Exchange (ETDEWEB)

    Stalon, Charles G. [Energy Regulation, Cape Girardeau, MO (United States)

    1997-03-01

    Creating efficient, competitive power markets in an electric industry composed of interconnected control areas requires the existence of some agency with authority to define, impose and enforce rules for the operation of all control areas so interconnected. It has been noted that `the pursuit of self-interest, unrestrained by suitable institutions, carries no guarantee of anything except chaos`. In no part of the economy is this lesson more relevant than in the North American electric industry. As the industry evolves from one dominated by vertically-integrated utilities into one with competitive power markets and unregulated generators, the system of coordinating institutions that has worked acceptably well to restrain and guide self-interested decision makers of economically regulated firms must now be reconstructed to restrain and guide self-interested decision makers of unregulated generating companies (gencos), power merchants and brokers

  5. The deregulation connection : utility competition creates new niche company

    International Nuclear Information System (INIS)

    Roy, C.

    1999-01-01

    Deregulation in Ontario's utility market has created incentives for local utilities to add new services to attract and keep customers, knowing that in a competitive energy market, only those utilities which offer the best services will survive. London Hydro, which provides power to southwestern Ontario launched a private enterprise called LondonConnect Inc. The new enterprise offers high-speed digital services to area businesses. London Hydro made this unique move to take advantage of the fact that 20 per cent of businesses communicate electronically. London Hydro believes that in the next five years, that number will increase to 80 per cent. The Metropolitan Area Network (MAN) gives businesses greater connectivity to the Internet and web services. One of the network's capabilities is realtime video conferencing between hydro locations. MAN can also be used to create a secure and private virtual community-wide area network of computers and office machines. The advantages are numerous. For example, hospitals will be able to exchange information between remote sites at incredible speeds. MAN is made up of fiber-optic cables and electronic routers. LondonConnect is expecting to provide access throughout London by the fall of 1999. A dozen clients have already signed up for the service. Installation of the system will cost $1,000 with fixed monthly rates. The cost will vary depending on the level of service. The network will cost London Hydro $3 million, but it is expected to generate $2.5 million annually in its first two years. 3 figs

  6. The deregulation connection : utility competition creates new niche company

    Energy Technology Data Exchange (ETDEWEB)

    Roy, C

    1999-08-01

    Deregulation in Ontario's utility market has created incentives for local utilities to add new services to attract and keep customers, knowing that in a competitive energy market, only those utilities which offer the best services will survive. London Hydro, which provides power to southwestern Ontario launched a private enterprise called LondonConnect Inc. The new enterprise offers high-speed digital services to area businesses. London Hydro made this unique move to take advantage of the fact that 20 per cent of businesses communicate electronically. London Hydro believes that in the next five years, that number will increase to 80 per cent. The Metropolitan Area Network (MAN) gives businesses greater connectivity to the Internet and web services. One of the network's capabilities is realtime video conferencing between hydro locations. MAN can also be used to create a secure and private virtual community-wide area network of computers and office machines. The advantages are numerous. For example, hospitals will be able to exchange information between remote sites at incredible speeds. MAN is made up of fiber-optic cables and electronic routers. LondonConnect is expecting to provide access throughout London by the fall of 1999. A dozen clients have already signed up for the service. Installation of the system will cost $1,000 with fixed monthly rates. The cost will vary depending on the level of service. The network will cost London Hydro $3 million, but it is expected to generate $2.5 million annually in its first two years. 3 figs.

  7. The deregulation connection : utility competition creates new niche company

    Energy Technology Data Exchange (ETDEWEB)

    Roy, C.

    1999-08-01

    Deregulation in Ontario`s utility market has created incentives for local utilities to add new services to attract and keep customers, knowing that in a competitive energy market, only those utilities which offer the best services will survive. London Hydro, which provides power to southwestern Ontario launched a private enterprise called LondonConnect Inc. The new enterprise offers high-speed digital services to area businesses. London Hydro made this unique move to take advantage of the fact that 20 per cent of businesses communicate electronically. London Hydro believes that in the next five years, that number will increase to 80 per cent. The Metropolitan Area Network (MAN) gives businesses greater connectivity to the Internet and web services. One of the network`s capabilities is realtime video conferencing between hydro locations. MAN can also be used to create a secure and private virtual community-wide area network of computers and office machines. The advantages are numerous. For example, hospitals will be able to exchange information between remote sites at incredible speeds. MAN is made up of fiber-optic cables and electronic routers. LondonConnect is expecting to provide access throughout London by the fall of 1999. A dozen clients have already signed up for the service. Installation of the system will cost $1,000 with fixed monthly rates. The cost will vary depending on the level of service. The network will cost London Hydro $3 million, but it is expected to generate $2.5 million annually in its first two years. 3 figs.

  8. Short-term electricity prices forecasting in a competitive market: A neural network approach

    International Nuclear Information System (INIS)

    Catalao, J.P.S.; Mariano, S.J.P.S.; Mendes, V.M.F.; Ferreira, L.A.F.M.

    2007-01-01

    This paper proposes a neural network approach for forecasting short-term electricity prices. Almost until the end of last century, electricity supply was considered a public service and any price forecasting which was undertaken tended to be over the longer term, concerning future fuel prices and technical improvements. Nowadays, short-term forecasts have become increasingly important since the rise of the competitive electricity markets. In this new competitive framework, short-term price forecasting is required by producers and consumers to derive their bidding strategies to the electricity market. Accurate forecasting tools are essential for producers to maximize their profits, avowing profit losses over the misjudgement of future price movements, and for consumers to maximize their utilities. A three-layered feedforward neural network, trained by the Levenberg-Marquardt algorithm, is used for forecasting next-week electricity prices. We evaluate the accuracy of the price forecasting attained with the proposed neural network approach, reporting the results from the electricity markets of mainland Spain and California. (author)

  9. Financial statistics of major US publicly owned electric utilities 1994

    International Nuclear Information System (INIS)

    1995-01-01

    This publication presents 5 years (1990--94) of summary financial data and current year detailed financial data on the major publicly owned electric utilities. Generator and nongenerator summaries are presented. Composite tables present: Aggregates of income statement and balance sheet data, financial indicators, electric operation and maintenance expenses, electric utility plant, number of consumers, sales of electricity, and operating revenue, and electric energy account data

  10. Financial statistics of major US publicly owned electric utilities 1994

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1995-12-15

    This publication presents 5 years (1990--94) of summary financial data and current year detailed financial data on the major publicly owned electric utilities. Generator and nongenerator summaries are presented. Composite tables present: Aggregates of income statement and balance sheet data, financial indicators, electric operation and maintenance expenses, electric utility plant, number of consumers, sales of electricity, and operating revenue, and electric energy account data.

  11. Competition policy and regulation in hydro-dominated electricity markets

    International Nuclear Information System (INIS)

    Rangel, Luiz Fernando

    2008-01-01

    This paper discusses the main competition issues that arise in electricity systems dominated by hydro generation, arguing that technological differences between hydro and thermal plants may allow hydropower producers to exert market power in different and subtler ways compared to thermal generators. The key for market power in hydro-based systems is the strategic allocation of a given amount of output across periods, rather than a straightforward reduction of total output. The paper examines the interaction between strategic hydro reservoir operation and transmission capacity constraints, and summarizes the implications of market power for system reliability. A review of recent relevant literature is included. Finally, possible interventions to mitigate market power are analysed

  12. Wind energy in a competitive electricity supply environment

    Energy Technology Data Exchange (ETDEWEB)

    Strbac, G; Jenkins, N [Manchester Centre for Electrical Energy, Manchester (United Kingdom)

    1996-12-31

    In the UK, there has been an increasing interest in the commercial aspects of the impact of wind energy on transmission and distribution networks. In a competitive electricity supply environment, mechanisms for pricing network services are considered to be the main vehicle for evaluating that impact. This article reviews the major pricing strategies based on embedded costs, short and long run marginal costing theory as well as time-of-use pricing, and comments on the influence of each particular strategy on the calculated value of wind energy. Also, prospective tools for evaluating savings in capital and operating network costs due to wind generation, are identified. (author)

  13. Metalearning to support competitive electricity market players' strategic bidding

    DEFF Research Database (Denmark)

    Pinto, Tiago; Sousa, Tiago M.; Morais, Hugo

    2016-01-01

    a dynamic artificial neural network to create its own output, taking advantage on several learning algorithms already implemented in ALBidS (Adaptive Learning strategic Bidding System). The proposed metalearner considers different weights for each strategy, based on their individual performance......Electricity markets are becoming more competitive, to some extent due to the increasing number of players that have moved from other sectors to the power industry. This is essentially resulting from incentives provided to distributed generation. Relevant changes in this domain are still occurring...

  14. Wind energy in a competitive electricity supply environment

    Energy Technology Data Exchange (ETDEWEB)

    Strbac, G.; Jenkins, N. [Manchester Centre for Electrical Energy, Manchester (United Kingdom)

    1995-12-31

    In the UK, there has been an increasing interest in the commercial aspects of the impact of wind energy on transmission and distribution networks. In a competitive electricity supply environment, mechanisms for pricing network services are considered to be the main vehicle for evaluating that impact. This article reviews the major pricing strategies based on embedded costs, short and long run marginal costing theory as well as time-of-use pricing, and comments on the influence of each particular strategy on the calculated value of wind energy. Also, prospective tools for evaluating savings in capital and operating network costs due to wind generation, are identified. (author)

  15. Factors influencing electric utility expansion. Volume II

    Energy Technology Data Exchange (ETDEWEB)

    Masud, E. [ed.

    1977-01-01

    This report, Vol. 2, submitted by the General Electric Co., identifies factors that should be considered in planning interconnected systems and discusses how these factors relate to one another. The objective is to identify all the factors and classify them by their use and importance in arriving at a decision. Chapter 2 discusses the utility system and its system behavior characteristics, emphasizing behavior that affects the planning of the bulk-power generation and transmission system. Chapter 3 introduces interconnection planning by discussing the new system characteristics brought to operation and planning. Forty-two factors associated with cost, reliability, constraints, and coordination are related to each other by factor trees. Factor trees display the relationship of one factor such as reliability to more-detailed factors which in turn are further related to individual characteristics of facilities. These factor trees provide a structure to the presentation. A questionnaire including the 42 factors was completed by 52 system planners from utility companies and government authorities. The results of these questionnaires are tabulated and presented with pertinent discussion of each factor. Chapter 4 deals with generation planning, recognizing the existence of interconnections. Chapter 5 addresses transmission planning, questions related to reliability and cost measures and constraints, and factors related to both analytical techniques and planning procedures. The chapter ends with a discussion of combined generation-transmission planning. (MCW)

  16. Data warehousing for electric utilities; Data Warehousing fuer Stromerzeuger im Strommarkt

    Energy Technology Data Exchange (ETDEWEB)

    Rappenecker, G.; Wolff, G.; Gross, P.

    2000-07-01

    Deregulation of the electricity market has changed the business processes of electric utilities profoundly. The paradigm of availability was replaced by economic efficiency. Four requirements are decisive: Implementation of unbundling as required by law - cost reduction to enhance competitive strength - marketing of the utilities' own products - positioning in the new electricity market. [German] Die Deregulierung des Strommarktes hat die Geschaeftsprozesse der Stromerzeuger grundlegend gewandelt. Das Paradigma der Versorgungssicherheit wurde ersetzt durch das der Wirtschaftlichkeit. Die Veraenderung der Geschaeftsprozesse der Stromerzeuger sind massiv gepraegt von vier Anforderungen: - Umsetzung des gesetzlich vorgeschriebenen 'Unbundling' - Erhalt der Konkurrenzfaehigkeit durch Kostensenkung - Vermarktung der eigenen Produkte - Positionierung im neu entstehenden Strommarkt. (orig.)

  17. Entry into the electricity market: Uncertainty, competition, and mothballing options

    Energy Technology Data Exchange (ETDEWEB)

    Takashima, Ryuta [Department of Nuclear Engineering and Management, University of Tokyo, 7-3-1 Hongo, Bunkyo-ku, Tokyo 113-8656 (Japan)], E-mail: takashima@n.t.u-tokyo.ac.jp; Goto, Makoto [Department of Industrial and Management Systems Engineering, Waseda University, 3-4-1 Okubo, Shinjyuku-ku, Tokyo 169-8555 (Japan); Kimura, Hiroshi; Madarame, Haruki [Nuclear Professional School, University of Tokyo, 2-22 Shirane, Shirakata, Tokai-mura, Naka-Gun, Ibaraki-ken 319-1188 (Japan)

    2008-07-15

    The present paper analyzes the entry strategies into the electricity market of two firms that have power plants under price uncertainty and competition. We consider the symmetric and asymmetric two firms, which have either a thermal power plant or a nuclear power plant. The differences between the thermal power plant and the nuclear power plant, such as the cost structure and operational flexibility are modeled. The threshold values of market entry are calculated for each firm with either the thermal power plant or the nuclear power plant as the leader or the follower. We show the dependence of cost structures on entry thresholds of the leader and the follower into the electricity market. For various market and cost conditions, the diagrams of the leader are also shown.

  18. Entry into the electricity market: Uncertainty, competition, and mothballing options

    International Nuclear Information System (INIS)

    Takashima, Ryuta; Goto, Makoto; Kimura, Hiroshi; Madarame, Haruki

    2008-01-01

    The present paper analyzes the entry strategies into the electricity market of two firms that have power plants under price uncertainty and competition. We consider the symmetric and asymmetric two firms, which have either a thermal power plant or a nuclear power plant. The differences between the thermal power plant and the nuclear power plant, such as the cost structure and operational flexibility are modeled. The threshold values of market entry are calculated for each firm with either the thermal power plant or the nuclear power plant as the leader or the follower. We show the dependence of cost structures on entry thresholds of the leader and the follower into the electricity market. For various market and cost conditions, the diagrams of the leader are also shown

  19. Electric power in Europe: towards a competitive oligopoly?

    International Nuclear Information System (INIS)

    Huby, J.; Noilhan, F.; Sauvage, Ph.

    2002-09-01

    The Electricity Sector of the European Union has experienced very deep changes in the last decade, in the wake of the 1996 'Electricity Directive'. In most Member States, companies that once enjoyed the position of de facto or de jure monopolists have been facing an increasing competitive pressure, while development of cross-border trade combined with cross-border Mergers and Acquisitions indicates a deeper European integration. It seems that the 'internal market in Electricity', targeted by the 1996 Directive, is slowly but surely taking shape. The present study intends to draw a picture of the recent evolution in the European Electricity Sector and to identify the challenges and options the European public authorities are now facing. Our starting point is an in-depth analysis of the idiosyncrasies of the Electricity Sector in general and of the constraints they impose on the market design. We move then to the peculiarities of the 'Continental Europe', an area including France, Germany, the Benelux and the 'electric peninsulas' of Italy and Spain, but excluding the United Kingdom and the Scandinavian countries. The latter have indeed a longer and quite different experience of liberalization. We then describe the current regulatory and legislative state of the play and try to identify clear-cut tendencies for the future evolution. We conclude that the 'internal market in Electricity' is far from completion and that the strategy adopted by the European Union seems to be that of a slow and cautious deepening of reforms that are already 'on the way'. Thus one can anticipate that the present framework will not - and maybe should not - experience a radical upheaval. After having built up the setting, we focus on the industrial organisation of the sector. It seems to us that the consolidation that took place in 'Continental Europe' during the last five years is now settling down. Seven or eight major players are emerging, each of which is relying on a geographical

  20. 10 CFR 490.307 - Option for Electric Utilities.

    Science.gov (United States)

    2010-01-01

    ... 10 Energy 3 2010-01-01 2010-01-01 false Option for Electric Utilities. 490.307 Section 490.307... Provider Vehicle Acquisition Mandate § 490.307 Option for Electric Utilities. (a) A covered person or its... selling, at wholesale or retail, electricity has the option of delaying the vehicle acquisition mandate...

  1. User-Aware Electricity Price Optimization for the Competitive Market

    Directory of Open Access Journals (Sweden)

    Allegra De Filippo

    2017-09-01

    Full Text Available Demand response mechanisms and load control in the electricity market represent an important area of research at the international level: the trend towards competition and market liberalization has led to the development of methodologies and tools to support energy providers. Demand side management helps energy suppliers to reduce the peak demand and remodel load profiles. This work is intended to support energy suppliers and policy makers in developing strategies to act on the behavior of energy consumers, with the aim to make a more efficient use of energy. We develop a non-linear optimization model for the dynamics of the electricity market, which can be used to obtain tariff recommendations or for setting the goals of a sensibilization campaign. The model comes in two variants: a stochastic version, designed for residential electricity consumption, and a deterministic version, suitable for large electricity users (e.g., public buildings, industrial users. We have tested our model on data from the Italian energy market and performed an extensive analysis of different scenarios. We also tested the optimization model in a real setting in the context of the FP7 DAREED project (http://www.dareed.eu/, where the model has been employed to provide tariff recommendations or to help the identification of goals for local policies.

  2. Value-Added Electricity Services: New Roles for Utilities and Third-Party Providers

    Energy Technology Data Exchange (ETDEWEB)

    Blansfield, J. [Inst. for Electric Innovations, Washington, DC (United States); Wood, L. [Inst. for Electric Innovations, Washington, DC (United States); Katofsky, R. [Advanced Energy Economy, Washington, DC (United States); Stafford, B. [Advanced Energy Economy, Washington, DC (United States); Waggoner, D. [Advanced Energy Economy, Washington, DC (United States); Schwartz, L. C. [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States)

    2017-10-30

    New energy generation, storage, delivery, and end-use technologies support a broad range of value-added electricity services for retail electricity customers. Sophisticated energy management services, distributed generation coupled with storage, and electric vehicle charging are just a few examples of emerging offerings. Who should provide value-added services — utilities or third parties, or both, and under what conditions? What policy and regulatory changes may be needed to promote competition and innovation, to account for utility costs to enable these services, and to protect consumers? The report approaches the issues from three perspectives: utilities, third-party service providers, and consumers: -Jonathan Blansfield and Lisa Wood, Institute for Electric Innovation -Ryan Katofsky, Benjamin Stafford and Danny Waggoner, Advanced Energy Economy -National Association of State Utility Consumer Advocates

  3. Competition for transparency as a carrier of competition. Transparency needs in the European wholesale electricity markets

    International Nuclear Information System (INIS)

    Jong, Hanneke de; Hakvoort, Rudi

    2005-01-01

    This paper analyses different transparency aspects regarding European wholesale electricity markets and discusses transparency issues to be solved. In Europe, currently some progress has been made with respect to market transparency but transparency issues related to transmission, system operation and regulation have received little attention so far. Transmission system operators (TSOs) and regulatory authorities need certain market information in order to secure efficient competition. However, TSOs and regulatory authorities need to communicate themselves in order to facilitate competition and decrease uncertainty among market participants. Furthermore, considering ongoing market integration both TSOs and regulatory authorities must exchange information amongst themselves in order to facilitate coordination and monitoring activities. The effect of a higher level of transparency on effective competition is depended on two categories of transparency aspects: aspects that are related to transparency in the sense of open and adequate communication (perspicuity) and aspects that are related to the easiness to understand (clarity). Transparency includes both aspects. Pursuing overall harmonization of the European transparency level is important to fully profit from a higher level of (international) harmonization. Effective harmonization requires harmonization on all communication aspects. For Europe, with its many immature markets, the dilemma remains whether it is preferable to have less transparency with a high level of harmonization or to have a higher level of transparency but a lower level of harmonization. (Author)

  4. Utilization of oil wells for electricity generation: Performance and economics

    International Nuclear Information System (INIS)

    Kharseh, Mohamad; Al-Khawaja, Mohammed; Hassani, Ferri

    2015-01-01

    There is a general agreement that the climate change, which is the most important challenge facing humanity, is anthropogenic and attributed to fossil fuel consumption. Therefore, deploying more renewable energy resources is an urgent issue to be addressed. Geothermal refers to existing heat energy in deep rock and sedimentary basins. Traditionally, geothermal energy has been exploited in places with plentiful hot water at relatively shallow depth. Unfortunately, the high exploration and drilling costs of boreholes is the main barrier to the commerciality of geothermal worldwide. In oil producing countries, such problems can be overcome by utilizing oil or gas wells. The current study presents thermodynamic and economic analyses of a binary geothermal power generation system for commercial electricity generation. Two different source temperatures (100 and 120 °C) and constant sink temperature (29 °C) were considered. The optimal working fluid and optimal design that improve the performance of the plant are determined. For the current costs in Qatar, the economical analysis of 5 MW geothermal plant shows that the levelized cost of electricity for the plant varies from 5.6 to 5.2 ¢/kW. Whereas, the payback period of such plants lies between 5.8 and 4.8 years. - Highlights: • Utilizing oil well makes geothermal plant competitive with other resources. • R32 seems to be the best working fluid. • The levelized cost of electricity for geothermal plant is less than 5.6 ¢/kWh. • The payback time of geothermal plant is less than 6 years.

  5. Analysis of Competitiveness and Support Instruments for Heat and Electricity Production from Wood Biomass in Latvia

    Science.gov (United States)

    Klavs, G.; Kudrenickis, I.; Kundzina, A.

    2012-01-01

    Utilisation of renewable energy sources is one of the key factors in a search for efficient ways of reducing the emissions of greenhouse gases and improving the energy supply security. So far, the district heating supply in Latvia has been based on natural gas, with the wood fuel playing a minor role; the same is true for decentralised combined heat-power (CHP) production. The paper describes a method for evaluation of the economic feasibility of heat and electricity production from wood biomass under the competition between different fuel types and taking into account the electricity market. For the simulation, a cost estimation model is applied. The results demonstrate that wood biomass can successfully be utilised for competitive heat production by boiler houses, while for electricity production by CHP utilities it cannot compete on the market (even despite the low prices on wood biomass fuel) unless particular financial support instruments are applied. The authors evaluate the necessary support level and the impact of two main support instruments - the investment subsidies and the feed-in tariff - on the economic viability of wood-fuelled CHP plants, and show that the feed-in tariff could be considered as an instrument strongly affecting the competitiveness of such type CHP. Regarding the feed-in tariff determination, a compromise should be found between the economy-dictated requirement to develop CHP projects concerning capacities above 5 MWel - on the one hand, and the relatively small heat loads in many Latvian towns - on the other.

  6. Demand-controlling marketing of electric utilities

    Energy Technology Data Exchange (ETDEWEB)

    Raffee, H; Fritz, W

    1980-01-01

    In situations like the shortage of energy resources the particular autonomy of the users concerning energy demand raises more and more aggravating problems for the electric utilities (EU) and, last not least, for society (i.e. the peak-load problem, threatening bottlenecks in the supply situation). Thus the requirement for a demand-controlling marketing strategy of the EU with the help of which the individual demand should be influenced in the following manner is legitimate. The article discusses the targets, strategies, and instruments of marketing performed by the EU under the aspect of their efficiency concerning demand control. The discussion leads to e.g. the following results: that a marketing strategy for the sensible, responsible, and efficent use of energy, in the long-term, serves both the interests of the users and the interests of the EU; that such a marketing programme can have the required controlling effects especially with the help of strategies like market segmentation and cooperation. The discussion makes also clear that a demand-controlling marketing strategy of the EU can hardly be realized without a considerable change within the organization of the EU on one hand and, on the other, without expanding the marketing programme toward a marketing strategy of balance.

  7. Financial statistics of selected investor-owned electric utilities, 1989

    Energy Technology Data Exchange (ETDEWEB)

    1991-01-01

    The Financial Statistics of Selected Investor-Owned Electric Utilities publication presents summary and detailed financial accounting data on the investor-owned electric utilities. The objective of the publication is to provide the Federal and State governments, industry, and the general public with current and historical data that can be used for policymaking and decisionmaking purposes related to investor-owned electric utility issues.

  8. Adaptability of competitive electricity reforms a modular analysis

    International Nuclear Information System (INIS)

    Dubois, Ute

    2009-01-01

    Among the competitive electricity reforms that have been implemented in Europe and the US for the last 18 years, none has 'survived' over several years without major changes. Their changing nature raises the question of their adaptability. Two characteristics of reforms play a key role on their adaptation properties. Firstly, they are 'modular' objects in the sense of [Baldwin, C., 2008. Where do transactions come from? Modularity, transactions, and the boundaries of firms. Industrial and Corporate Change 17 (1), 155-195]. Secondly, they are produced in an institutional process which leads to 'incomplete' rules and designs [Pistor, K., Xu, C., 2003. Incomplete law. International Law and Politics 35, 931-1013]. We propose a typology of adaptations based on the framework proposed by [Williamson, O.E., 1991. Comparative economic organization: the analysis of discrete structural alternatives. Administrative Science Quarterly 36 (2), 269-296] for contracts: (1) in case of small disturbances, adaptations are realized quasi-automatically, by autonomous decisions of the institutions governing the implementation of reforms; (2) in case of middle-range disturbances, adaption is made by Coasian bargaining; (3) finally, in case of strong disturbances, or when bargaining is not feasible, the adaptation of reforms is in the hands of legislative and executive institutions [North, D.C., 2005. Le processus du developpement economique. Editions d'Organisation]. These institutions can reform the reforms [Joskow, P.L., 2006. Introduction to electricity sector liberalization: lessons learned from cross-country studies. In: Sioshansi, F.P. (Ed.), Electricity Market Reform: An International Perspective. Elsevier, Amsterdam, pp. 1-32; Hogan, W.W., 2002. Electricity market restructuring: reforms of reforms. Journal of Regulatory Economics 21, 103-132]. The role of these types of adaptations in each electricity reform is a consequence of the allocation of rights to the regulator, to

  9. New nuclear power plants and the electricity market competition

    International Nuclear Information System (INIS)

    Ruska, M.; Koreneff, G.

    2009-11-01

    The study assesses the effects the different nuclear power plant projects would have on crossownership, market concentration and market power in electricity market. The analyses are given both for Finnish and Nordic power markets. The authors feel that the electricity market should primarily be viewed as a common Nordic market in the future. During 2000 to 2008 the hours when Finland was an own price area ranged from 1 % to 29 % as annual averages. In the future it will be more and more seldom that Finland will become an own deficit price area, because the cross-border transmission capacity to Sweden will increase as will Finnish electricity production capacity. In addition, the extension of Nord Pool to the Baltic will increase the size of the market. The ownership of power plants is typically organized through power share companies in Finland. Two of the three nuclear power plant projects are joint ventures with several electricity producers and consumers. The current ownership relations and what effects the new projects might have on them were analyzed in this study. The competitiveness of different electricity production forms in the future was assessed using different market scenarios based on varying demand expectations. The capacity structure was assumed to stay quite unchanged, where the biggest change is expected to come from new renewable power capacity due to EU targets. Conventional condensing power production will decrease and Nordic electricity exports will increase in the future. The market concentration would increase in Finland with new nuclear plants, the most if Fortum were the builder. Vattenfall has a decidedly larger electricity production in the Nordic countries than Fortum, and Vattenfall's capacity would be unchanged by the new planned nuclear plants. The nuclear power plant projects do not therefore increase market concentration significantly on a Nordic level. Nuclear power is not used for day or hour regulation in Finland, which means

  10. Electricity to natural gas competition under customer-side technological change: a marginal cost pricing analysis

    International Nuclear Information System (INIS)

    Gulli', Francesco

    2004-01-01

    This paper aims at evaluating the impact of technological change (on the customer side of the meter) on the network energy industry (electricity and natural gas). The performances of the small gas fired power technologies and the electrical reversible heat pumps have improved remarkably over the last ten years, making possible (or more viable) two opposite technological trajectories: the fully gas-based system, based on the use of small CHP (combined heat and power generation) plants, which would involve a wide decentralisation of energy supply; the fully electric-based system, based on the use of reversible electric heat pumps, which would imply increasing centralisation of energy supply. The analysis described in this paper attempts to evaluate how these two kinds of technological solutions can impact on inter-service competition when input prices are ste equals to marginal costs of supply in each stage of the electricity and natural gas industries. For this purpose, unbundled prices over time and over space are simulated. In particular the paper shows that unbundling prices over space in not very important in affecting electricity to natural gas competition and that, when prices are set equal to long-run marginal costs, the fully electric-based solution (the reversible heat pump) is by far preferable to the fully gas-based solution (the CHP gas fired small power plant). In consequence, the first best outcome of the technological change would involve increasing large power generation and imported (from the utility grid) electricity consumption. Given this framework, we have to ask ourselves why operators, regulators and legislators are so optimistic about the development of the fully gas-based solutions. In this respect, the paper suggests that market distortions (such as market power, energy taxation and inefficient pricing regulation) might have give an ambiguous representation of the optimal technological trajectory, inducing to overestimate the social value

  11. Financial statistics of major US publicly owned electric utilities 1993

    Energy Technology Data Exchange (ETDEWEB)

    1995-02-01

    The 1993 edition of the Financial Statistics of Major U.S. Publicly Owned Electric Utilities publication presents five years (1989 to 1993) of summary financial data and current year detailed financial data on the major publicly owned electric utilities. The objective of the publication is to provide Federal and State governments, industry, and the general public with current and historical data that can be used for policymaking and decision making purposes related to publicly owned electric utility issues. Generator and nongenerator summaries are presented in this publication. The primary source of publicly owned financial data is the Form EIA-412, the Annual Report of Public Electric Utilities, filed on a fiscal basis.

  12. The Ursern electricity utility - Positive and negative aspects

    International Nuclear Information System (INIS)

    Niederhaeusern, A.

    2008-01-01

    In this interview with Markus Russi, head of an electricity utility in the Swiss Alps, recent Swiss legislation such as the Energy law and the cost-covering remuneration of power from renewable energy sources is discussed. The production of the power generation facilities belonging to the utility - hydropower and wind energy - is discussed and future refurbishment and expansion work noted. The situation in the electricity market and co-operation with other local electricity utilities are also discussed and various disadvantages of the new Swiss electricity market legislation are noted. Future partnerships with other utilities with similar business strategies are discussed.

  13. Competitive electric power markets and grid reliability : something has changed during the past decade

    International Nuclear Information System (INIS)

    Fluckiger, K.

    2005-01-01

    This white paper reviewed some of the fundamental changes in the way in which electricity is provided to customers. Previously, electricity was delivered by integrated electric utilities that owned both generation and transmission and directly served their customers. Restructuring altered the rules that govern control, operation, ownership and regulation of the industry. The traditional integrated utility has been disaggregated. Wholesale electricity costs are no longer regulated and prices are now set by supply and demand in a market context. Generation investment decisions are based on future expectations of market performance. It was suggested that transmission should become a facilitator of the competitive market. Inter-ties are an essential part of a competitive market, as a means to import power when needed and to export surplus energy. The role of transmission in facilitating new generation by providing non-discriminatory and efficient transport to the market was discussed. It was noted that the lack of transmission investment is resulting in economic penalties, rising losses and constraints on more economic generators. Transmission congestion is counterproductive to the interests of customers. A move away from regional planning to a recognition of the wider interconnectedness of the system was recommended. The current practice of deferring necessary maintenance as a way to generate short-term profit was examined. It was noted that despite the need for new transmission infrastructure, investment in merchant alternating current projects has been slow to materialize. Other challenges to transmission included the uncertainty of regulatory processes and investment recovery as well as the unpredictability of flow patterns in the bulk power system. It was concluded that competitive generation markets will not work with an inadequate transmission infrastructure. Transmission enables new generation by ensuring non-discriminatory and efficient transport to market

  14. Outsourcing of generating assets as a competitive strategy for large electric customers

    Energy Technology Data Exchange (ETDEWEB)

    Giacalone, F.T.; Hocker, C.

    1998-07-01

    The US electric power industry is at a transitional stage on the way to full competition at the retail level. A fundamental difference between wholesale and retail competition is that, with the latter, the end user will have a choice of suppliers. Large electric customers, such as industrial manufacturers, have traditionally had only two choices: to purchase from the local franchise utility or to self-generate. With retail competition, however, these same customers will have not only have many choices of suppliers to compare against the self-generation option, but also will have a new alternative to consider - that of outsourcing their generating assets as a means of retaining effective control, but not necessarily ownership, of their electric supply. Outsourcing of generation assets means turning over complete or partial ownership of these assets to a third party, who then sells the electricity back to the customer at retail. This approach can be advantageous to a customer who wants to achieve one or more of the following benefits that are generally not available in the traditional ``make or buy'' paradigm: monetize (receive cash for) assets to pay down debt or redeploy into its core business; reduce operating and overhead costs; meet increasing power demand without making a significant capital expenditure; retain a significant degree of control over the operation of the assets, rather than turning its source of supply to a utility, independent generator, or power marketer; and move the assets off-balance sheet and off-credit as a means of improving its corporate financial position. Outsourcing of industrial generation, including most or all of the above benefits has already occurred successfully in a handful of cases, such as the James River and Stone Container mills discussed in this paper.

  15. Outsourcing of generating assets as a competitive strategy for large electric customers

    International Nuclear Information System (INIS)

    Giacalone, F.T.; Hocker, C.

    1998-01-01

    The US electric power industry is at a transitional stage on the way to full competition at the retail level. A fundamental difference between wholesale and retail competition is that, with the latter, the end user will have a choice of suppliers. Large electric customers, such as industrial manufacturers, have traditionally had only two choices: to purchase from the local franchise utility or to self-generate. With retail competition, however, these same customers will have not only have many choices of suppliers to compare against the self-generation option, but also will have a new alternative to consider - that of outsourcing their generating assets as a means of retaining effective control, but not necessarily ownership, of their electric supply. Outsourcing of generation assets means turning over complete or partial ownership of these assets to a third party, who then sells the electricity back to the customer at retail. This approach can be advantageous to a customer who wants to achieve one or more of the following benefits that are generally not available in the traditional ''make or buy'' paradigm: monetize (receive cash for) assets to pay down debt or redeploy into its core business; reduce operating and overhead costs; meet increasing power demand without making a significant capital expenditure; retain a significant degree of control over the operation of the assets, rather than turning its source of supply to a utility, independent generator, or power marketer; and move the assets off-balance sheet and off-credit as a means of improving its corporate financial position. Outsourcing of industrial generation, including most or all of the above benefits has already occurred successfully in a handful of cases, such as the James River and Stone Container mills discussed in this paper

  16. Electric utility strategies and the emerging industry structure - Part 1

    International Nuclear Information System (INIS)

    Motupalli, S.

    1991-01-01

    The electric utility industry is our most capital intensive industry by far. Over the past few decades, socioeconomic and technological forces have been quietly revolutionizing the way the industry conducts itself. During the 1980s, these changes have been particularly intense, often catching both regulators and regulated ill-prepared to develop effective and profitable strategies to deal with such change. Much has already been written about these changes: independent power producers, competitive procurement of resources, incentive-based regulation, the benefits of affiliated company structures, mergers and consolidation, customer energy conservation, and marketing strategy development are all currently highly popular article and seminar topics. The author's object in this two-part series is to facilitate development of a decision framework to put these various changes in perspective, to help develop effective strategies through better focused and equipped planning methodologies. Gaining an understanding of the role, strengths and weaknesses of the various players in an industry and the structural constraints in which they operate is a necessary precursor to developing effective operating strategies to deal with change or to manipulate industry forces in your favor. Michael Port's popular five forces model provides a convenient way to develop such an understanding. It provides a way to map the industry forces driving profitability, through a review of the strengths, weaknesses and leverage of: current industry players, suppliers to the industry, customers for the industry's product, new entrants into the market, and substitute products providing equal or better value. Part 1 of this series reviews each of these five forces along some key dimensions to determine their direction of change or influence, and whether this change impacts a utility's competitive position favorably or unfavorably

  17. The benefits of transmission expansions in the competitive electricity markets

    International Nuclear Information System (INIS)

    Bresesti, Paola; Calisti, Roberto; Cazzol, Maria Vittoria; Gatti, Antonio; Vaiani, Andrea; Vailati, Riccardo; Provenzano, Dario

    2009-01-01

    The paper presents an innovative method for assessing simultaneously technical and economic benefits of transmission expansions. This method takes into account the new needs of the transmission planning process for competitive electricity markets, in which benefits of major transmission expansions include: (a) improved reliability, (b) increased availability of efficient supply and (c) increased competition among suppliers. The fundamental elements of the REliability and MARKet (REMARK) tool, which we implemented based on the aforementioned method, are: a yearly probabilistic simulation of power system operation; use of the non-sequential Monte Carlo method to pick the operational status of the network elements; full network representation; adoption of the simplified direct current model; quantitative assessment of the reliability benefits through the expected energy not supplied index; simulation of the strategic behaviour of suppliers based on a simplified model that correlates the price-cost mark-up to structural market variables (residual supply index and demand); a quantitative assessment of ''economic'' benefits through the calculation of the social welfare index. A test case application of the tool on the IEEE 24-bus reliability test system shows that the method can assess benefits of transmission expansions, in addition to the overall social perspective, for each market zone as well as separately for consumers, producers and transmission system operators. The results emphasize that the effect of transmission expansions in mitigating market power may be significant and that a simple and traditional cost-based approach may lead to a wrong evaluation of benefits given by transmission expansions. (author)

  18. Probabilistic Electricity Price Forecasting Models by Aggregation of Competitive Predictors

    Directory of Open Access Journals (Sweden)

    Claudio Monteiro

    2018-04-01

    Full Text Available This article presents original probabilistic price forecasting meta-models (PPFMCP models, by aggregation of competitive predictors, for day-ahead hourly probabilistic price forecasting. The best twenty predictors of the EEM2016 EPF competition are used to create ensembles of hourly spot price forecasts. For each hour, the parameter values of the probability density function (PDF of a Beta distribution for the output variable (hourly price can be directly obtained from the expected and variance values associated to the ensemble for such hour, using three aggregation strategies of predictor forecasts corresponding to three PPFMCP models. A Reliability Indicator (RI and a Loss function Indicator (LI are also introduced to give a measure of uncertainty of probabilistic price forecasts. The three PPFMCP models were satisfactorily applied to the real-world case study of the Iberian Electricity Market (MIBEL. Results from PPFMCP models showed that PPFMCP model 2, which uses aggregation by weight values according to daily ranks of predictors, was the best probabilistic meta-model from a point of view of mean absolute errors, as well as of RI and LI. PPFMCP model 1, which uses the averaging of predictor forecasts, was the second best meta-model. PPFMCP models allow evaluations of risk decisions based on the price to be made.

  19. Establishment of windows-based load management system for electricity cost savings in competitive electricity markets

    International Nuclear Information System (INIS)

    Chung, K.H.; Kim, B.H.; Hur, D.

    2007-01-01

    For electricity markets to function in a truly competitive and efficient manner, it is not enough to focus solely on improving the efficiencies of power supply. To recognize price-responsive load as a reliability resource, the customer must be provided with price signals and an instrument to respond to these signals, preferably automatically. This paper attempts to develop the Windows-based load management system in competitive electricity markets, allowing the user to monitor the current energy consumption or billing information, to analyze the historical data, and to implement the consumption strategy for cost savings with nine possible scenarios adopted. Finally, this modeling framework will serve as a template containing the basic concepts that any load management system should address. (author)

  20. Practical uses of galvanized steel in electric utility applications

    International Nuclear Information System (INIS)

    Bueche, D.G.

    1995-01-01

    Steel corrosion has been shown to be a major problem for the electric utility industry. Galvanizing has been shown to prevent or substantially slow steel corrosion. This paper describes the galvanizing process, discusses the properties associated with the galvanized coating, and demonstrates galvanizing's durability in specific, real world applications in the electric utility industry

  1. Utility regulation-The scope and structure of electrical safety regulation

    International Nuclear Information System (INIS)

    Abbott, Malcolm; Cohen, Bruce

    2011-01-01

    As a consequence of policies in Australia and New Zealand to increase competition in the utilities sector, regulatory agencies have been created in each state to provide independent and authorative advice on matters such as electricity pricing, access to infrastructure, service quality and security of supply. In addition arrangements have been established to maintain safety standards in the industry. The purpose of this paper is to discuss the major issues that have arisen in the creation of regulatory agencies responsible for electrical safety standards in Australia and New Zealand, and how they have impacted on liberalised electricity markets. - Highlights: → Policies in Australia and New Zealand to increase competition have led to the creation of electrical safety agencies. → These agencies have been created in response to perceived market failures. → There is a variance in agencies in terms of their independence and industry coverage. → These agencies have been created at a time of falling fatalities.

  2. Improving the competitiveness of Alberta's retail electricity market

    International Nuclear Information System (INIS)

    2002-03-01

    Navigant Consulting Limited (Navigant) was commissioned by Alberta Energy to provide an independent review of the issues and recommendations contained in the Report of the Retail Issues Subcommittee, published in September 2001, on the Alberta Retail Electricity Markets. It was also asked to identify and other significant issues, and making recommendations pertaining to the issues. The principles of a well-functioning retail market followed an introduction to the document. A definition of a competitive market, according to that used by the Retail Issues Subcommittee (RIS) was provided, and a discussion of each of the elements of such a market was included. Highlights from the United Kingdom retail electricity market were provided. A detailed discussion of each of the major issues identified in the RIS report was presented, and recommendations on each topic areas from the RIS report included. The expected impact of the recommendations was explored. A summary of the recommendations and implementation considerations was provided in the last section of the document. tabs., figs

  3. Transformers and the Electric Utility System

    Science.gov (United States)

    Roman, Harry T.

    2005-01-01

    For electric energy to get from the generating station to a home, it must pass through a transformer, a device that can change voltage levels easily. This article describes how transformers work, covering the following topics: (1) the magnetism-electricity link; (2) transformer basics; (3) the energy seesaw; (4) the turns ratio rule; and (5)…

  4. Electric Utility Transmission and Distribution Line Engineering Program

    Energy Technology Data Exchange (ETDEWEB)

    Peter McKenny

    2010-08-31

    Economic development in the United States depends on a reliable and affordable power supply. The nation will need well educated engineers to design a modern, safe, secure, and reliable power grid for our future needs. An anticipated shortage of qualified engineers has caused considerable concern in many professional circles, and various steps are being taken nationwide to alleviate the potential shortage and ensure the North American power system's reliability, and our world-wide economic competitiveness. To help provide a well-educated and trained workforce which can sustain and modernize the nation's power grid, Gonzaga University's School of Engineering and Applied Science has established a five-course (15-credit hour) Certificate Program in Transmission and Distribution (T&D) Engineering. The program has been specifically designed to provide working utility engineering professionals with on-line access to advanced engineering courses which cover modern design practice with an industry-focused theoretical foundation. A total of twelve courses have been developed to-date and students may select any five in their area of interest for the T&D Certificate. As each course is developed and taught by a team of experienced engineers (from public and private utilities, consultants, and industry suppliers), students are provided a unique opportunity to interact directly with different industry experts over the eight weeks of each course. Course material incorporates advanced aspects of civil, electrical, and mechanical engineering disciplines that apply to power system design and are appropriate for graduate engineers. As such, target students for the certificate program include: (1) recent graduates with a Bachelor of Science Degree in an engineering field (civil, mechanical, electrical, etc.); (2) senior engineers moving from other fields to the utility industry (i.e. paper industry to utility engineering or project management positions); and (3) regular

  5. Cost and quality of fuels for electric utility plants, 1994

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1995-07-14

    This document presents an annual summary of statistics at the national, Census division, State, electric utility, and plant levels regarding the quantity, quality, and cost of fossil fuels used to produce electricity. Purpose of this publication is to provide energy decision-makers with accurate, timely information that may be used in forming various perspectives on issues regarding electric power.

  6. The role of utilities in developing low carbon, electric megacities

    International Nuclear Information System (INIS)

    Kennedy, Chris; Stewart, Iain D.; Facchini, Angelo; Mele, Renata

    2017-01-01

    Development of electric cities, with low carbon power supply, is a key strategy for reducing global CO2 emissions. We analyze the role of electric utilities as important actors to catalyze the transition to electric cites, drawing upon data for the world's 27 megacities. Progress towards the ideal electric city is most advanced for Paris, Rio de Janeiro, Sao Paulo and Buenos Aires for low carbon electricity, while Indian megacities have relatively high use of carbon-intensive electricity as a percentage of total energy use. There is wide variety in the structure of markets for electricity provision in megacities, with a dominant, public utility being the most common model. We review literature on electricity sector business models and broadly propose future models dependent on the predominance of locally dispersed generation and the nature of the ownership of the electric grid within the city. Where a high proportion of electricity can be provided by locally distributed supply within a city, the role of utilities could predominantly become that of enabler of exchange with the grid, but new pricing structures are required. A further challenge for utilities in enabling the electric city is to provide a higher level of resilience to events that disrupt power supply. - Highlights: • Amongst 27 megacities, Paris, Rio, Sao Paulo and Buenos Aires are most progressed low carbon electric cities. • Indian megacities have relatively high use of electricity as a percentage of total energy use. • Wide variety in electricity market structure in megacities; dominant, public utility the most common model. • Utilities could become enablers of exchange with the grid, but new pricing models required.

  7. Determinants of the number of bidders in the competitive procurement of electricity supply contracts in the Japanese public sector

    International Nuclear Information System (INIS)

    Hattori, Toru

    2010-01-01

    Since the electricity retail market in Japan was partially opened to competition in 2000, many government entities have sought to solicit competing bids for the electricity supply to their office buildings or facilities, encouraging competition between the incumbents and new entrants. However, in many cases, only the incumbent utility bids for the contract and the competitive effects are limited. This paper presents a statistical analysis of bidders' participation in competitive procurement. We employ several count data regression models to explain the number of bidders other than the local electric utility. Our results suggest that the number of bidders would decrease in response to an increase in the load factor, perhaps because the new entrants are less competitive in serving customers with high load factors as they do not operate low-cost base-load power plants such as nuclear power plants; It would increase along with the voltage level and contract demand. The results also indicate that new entrants are more likely to participate in the bidding process in large city areas. (author)

  8. Electric vehicle charge patterns and the electricity generation mix and competitiveness of next generation vehicles

    International Nuclear Information System (INIS)

    Masuta, Taisuke; Murata, Akinobu; Endo, Eiichi

    2014-01-01

    Highlights: • The energy system of whole of Japan is analyzed in this study. • An advanced model based on MARKAL is used for the energy system analysis. • The impact of charge patterns of EVs on electricity generation mix is evaluated. • Technology competitiveness of the next generation vehicles is also evaluated. - Abstract: The nuclear accident of 2011 brought about a reconsideration of the future electricity generation mix of power systems in Japan. A debate on whether to phase out nuclear power plants and replace them with renewable energy sources is taking place. Demand-side management becomes increasingly important in future Japanese power systems with a large-scale integration of renewable energy sources. This paper considers the charge control of electric vehicles (EVs) through demand-side management. There have been many studies of the control or operation methods of EVs known as vehicle-to-grid (V2G), and it is important to evaluate both their short-term and long-term operation. In this study, we employ energy system to evaluate the impact of the charge patterns of EVs on both the electricity generation mix and the technology competitiveness of the next generation vehicles. An advanced energy system model based on Market Allocation (MARKAL) is used to consider power system control in detail

  9. The effect of counter-trading on competition in electricity markets

    NARCIS (Netherlands)

    Dijk, J.J.; Willems, B.

    2011-01-01

    In a competitive electricity market, nodal pricing is the most efficient way to manage congestion. Counter-trading is inefficient as it gives the wrong long term signals for entry and exit of power plants. However, in a non-competitive market, additional entry will improve the competitiveness of the

  10. U.S. electric utility demand-side management 1995

    International Nuclear Information System (INIS)

    1997-01-01

    The US Electric Utility Demand-Side Management report is prepared by the Coal and Electric Data and Renewables Division; Office of Coal, Nuclear, Electric and Alternative Fuels; Energy Information Administration (EIA); US Department of Energy. The report presents comprehensive information on electric power industry demand-side management (DSM) activities in the US at the national, regional, and utility levels. The objective of the publication is to provide industry decision makers, government policy makers, analysts, and the general public with historical data that may be used in understanding DSM as it relates to the US electric power industry. The first chapter, ''Profile: US Electric Utility Demand-Side Management'', presents a general discussion of DSM, its history, current issues, and a review of key statistics for the year. Subsequent chapters present discussions and more detailed data on energy savings, peak load reductions and costs attributable to DSM. 9 figs., 24 tabs

  11. Growth strategies of electric utilities in context of deregulation and liberalization of electricity market

    Directory of Open Access Journals (Sweden)

    Maria Đogić

    2017-01-01

    Full Text Available This paper identifies the growth strategies adopted by the electric utilities sector in the context of changes resulting from the deregulation and liberalization of the electricity market. Strategies pursued by the electric utilities sector were rarely the subject of research in the field of strategic management despite the fact that electricity is an indispensable element of everyday life and the economy as a whole. Therefore, a case study of the largest incumbent electric utilities in the Republic of Croatia, Slovenia, Bosnia and Herzegovina, Serbia, Montenegro, and Macedonia has been conducted, and differences in the degree of market liberalization and core features of these companies have been noted. Research findings have shown that the degree of deregulation can affect the growth strategies of electric utilities. In those countries where the degree of deregulation is lower, electric utilities focus on the domestic market. On the other hand, a higher level of deregulation enables electric utilities to achieve their growth through diversification or innovation. Given the fact that the analyzed electric utilities are operating within relatively small economies, they cannot compete with electric utilities in developed countries, and, apart from international electricity trading, are mostly focused on their domestic markets.

  12. The {open_quotes}obligation to serve{close_quotes} and a competitive electric industry

    Energy Technology Data Exchange (ETDEWEB)

    Colton, R.D. [Fisher, Sheehan and Colton (United States)

    1997-11-01

    This report presents an assessment of what the ``obligation to serve`` might look like in a competitive electric industry. Broadly, this research has three objectives: to define the ``duty to serve`` of a competitive electric industry; to identify those companies to whom that duty applies; and to explain how that duty protects residual classes.

  13. New England electric utility takes the lead

    Energy Technology Data Exchange (ETDEWEB)

    New England Electric System has taken several steps to reduce dependence on foreign oil, save its customers money, and encourage the development of energy resources tailored to meet the region's energy needs. The heart of the plan is a stated objective of reducing annual peaking demand for electrical growth from a projected 3.1% to 1.9%. Other activities initiated are: a solar hot water demonstration project; the NEPCO's burning of a mixture of pulverized coal and residual fuel oil in one of its boilers at Salem Harbor Station in Salem, Massachusetts; purchasing and trading electricity with industrial and private small power producers; and participating in an effort to develop a plan to convert the Brayton Point power plant in Somerset, Massachusetts from oil to coal.

  14. Willingness to Pay for Renewable Electricity: A Review of Utility Market Research

    Energy Technology Data Exchange (ETDEWEB)

    Farhar, B. C.

    1999-09-09

    As competition in the electric utility industry has become more widespread and federal legislation deregulating the utility industry more likely, utilities have become more concerned about actions they can take to help ensure the loyalty of their customers. National polls have, for 20 years, found majority preferences for renewable energy over other energy sources. This issue brief compiles and analyzes recent market research conducted by utility companies on customer interest in and willingness to pay for renewable electricity. Findings in the areas examined in this review are: Customers are favorable toward renewable sources of electricity, although they know little about them; Solar and wind are the most favored sources of electricity generation; Majorities of 52% to nearly 100% of residential customers said they were willing to pay at least a modest amount more per month on their electric bills for green power; their responses follow a predictable curve showing that percentages willing to pay more decline as cost increases. The residential market for green pricing is approximately 2% near program rollout at a $5/month price increment, and should increase slowly but steadily over time; Customers may view with favor, and be more willing to purchase electricity from, utilities that provide green power.

  15. Do acquisitions by electric utility companies create value? Evidence from deregulated markets

    International Nuclear Information System (INIS)

    Kishimoto, Jo; Goto, Mika; Inoue, Kotaro

    2017-01-01

    In the early 1990s, the United Kingdom (the UK) initiated widespread reforms in the electricity industry through a series of market liberalization policies. Several other countries have subsequently followed the lead and restructured their electricity industry. A major outcome of the deregulation effort is the spate of takeovers, both domestic and global, by electric utility companies. With the entry of new players and increasing competition, the business environment of the electricity industry has changed dramatically. This study analyzes the economic impact of mergers and acquisitions (M&As) in the electric utility industry after deregulation. We have examined acquisitions that took place between 1998 and 2013 in the United States, Canada, the UK, Germany, and France. Although previous studies showed no evidence of a positive effect on acquiring firms through M&As, we find that acquisitions by electric utility companies increased the acquiring firms’ share value and improved their operating performance, primarily through efficiency gains after the deregulation. These results are consistent with the empirical evidence and implications presented by Andrade et al. (2001) that M&A created value for the shareholders of the acquiring and target combined firms. - Highlights: • This study examined mergers and acquisitions (M&A) in electric utility industry. • The sample covered M&A between 1998 and 2013 in North America and Europe. • We found M&A significantly increased acquiring firms’ share value and operating performance. • Deregulation policy realized gains for shareholders without incurring costs for consumers.

  16. Status of electricity markets and competition in ERRA member countries

    International Nuclear Information System (INIS)

    Szoerenyi, G.

    2002-01-01

    The following topics were dealt with: Conditions of effective competition; Regulated third party access in power; Number of plyers (market share) - generation; Number of players at present and/or in future competition - supply; Number of eligible customers; Market structure facilitates efficient competition; Supply market - Surplus installed capacity over demand; Supply market - Import. All available data are tabulated. (R.P.)

  17. Electrolysis: Information and Opportunities for Electric Power Utilities

    Energy Technology Data Exchange (ETDEWEB)

    Kroposki, B.; Levene, J.; Harrison, K.; Sen, P.K.; Novachek, F.

    2006-09-01

    Recent advancements in hydrogen technologies and renewable energy applications show promise for economical near- to mid-term conversion to a hydrogen-based economy. As the use of hydrogen for the electric utility and transportation sectors of the U.S. economy unfolds, electric power utilities need to understand the potential benefits and impacts. This report provides a historical perspective of hydrogen, discusses the process of electrolysis for hydrogen production (especially from solar and wind technologies), and describes the opportunities for electric power utilities.

  18. Does electricity from nuclear power stand a chance in competition?

    International Nuclear Information System (INIS)

    Hohlefelder, W.

    2000-01-01

    Deregulation and the intended opt-out of the peaceful uses of nuclear power have completely changed the economic and political boundary conditions for nuclear power. The future of nuclear power needs to be reassessed on this basis. In doing so, the author arrives at these conclusions: 1. The nuclear power plants existing in Germany enjoy cost advantages in procurement competition. 2. It would be counterproductive, therefore, to give up this advantageous position by opting out, executing the law only with a view to opting out, or creating additional artificial economic burdens. 3. The cost advantage relative to other technologies of power generation is dwindling. This is why consistent cost management is indispensable, but only as long as it does not affect plant safety. 4. If Germany opted out of using nuclear power, 'German' nuclear power, or at least a large part of it, would be replaced by nuclear power from abroad. This adds to the incentive to keep German nuclear power plants in operation as long as possible. 5. Building new nuclear power plants in completely deregulated markets is difficult for economic reasons. There is a onesided swing to one source of energy, namely the most cost effective, least capital intensive source. This entails a major supply risk. Irrespective of the basic decision to deregulate the electricity market, a correction of the boundary conditions imposed politically is to be expected on a medium term so that wrong developments will be avoided. (orig.) [de

  19. Financial statistics of major US publicly owned electric utilities 1992

    Energy Technology Data Exchange (ETDEWEB)

    1994-01-01

    The 1992 edition of the Financial Statistics of Major US Publicly Owned Electric Utilities publication presents 4 years (1989 through 1992) of summary financial data and current year detailed financial data on the major publicly owned electric utilities. The objective of the publication is to provide Federal and State governments, industry, and the general public with current and historical data that can be used for policymaking and decisionmaking purposes related to publicly owned electric utility issues. Generator and nongenerator summaries are presented in this publication. Four years of summary financial data are provided. Summaries of generators for fiscal years ending June 30 and December 31, nongenerators for fiscal years ending June 30 and December 31, and summaries of all respondents are provided. The composite tables present aggregates of income statement and balance sheet data, as well as financial indicators. Composite tables also display electric operation and maintenance expenses, electric utility plant, number of consumers, sales of electricity, and operating revenue, and electric energy account data. The primary source of publicly owned financial data is the Form EIA-412, {open_quotes}Annual Report of Public Electric Utilities.{close_quotes} Public electric utilities file this survey on a fiscal year, rather than a calendar year basis, in conformance with their recordkeeping practices. In previous editions of this publication, data were aggregated by the two most commonly reported fiscal years, June 30 and December 31. This omitted approximately 20 percent of the respondents who operate on fiscal years ending in other months. Accordingly, the EIA undertook a review of the Form EIA-412 submissions to determine if alternative classifications of publicly owned electric utilities would permit the inclusion of all respondents.

  20. Superconducting magnetic energy storage for electric utilities and fusion systems

    International Nuclear Information System (INIS)

    Rogers, J.D.; Boenig, H.J.; Hassenzahl, W.V.

    1978-01-01

    Superconducting inductors provide a compact and efficient means of storing electrical energy without an intermediate conversion process. Energy storage inductors are under development for load leveling and transmission line stabilization in electric utility systems and for driving magnetic confinement and plasma heating coils in fusion energy systems. Fluctuating electric power demands force the electric utility industry to have more installed generating capacity than the average load requires. Energy storage can increase the utilization of base-load fossil and nuclear power plants for electric utilities. The Los Alamos Scientific Laboratory and the University of Wisconsin are developing superconducting magnetic energy storage (SMES) systems, which will store and deliver electrical energy for load leveling, peak shaving, and the stabilization of electric utility networks. In the fusion area, inductive energy transfer and storage is being developed. Both 1-ms fast-discharge theta-pinch systems and 1-to-2-s slow energy transfer tokamak systems have been demonstrated. The major components and the method of operation of a SMES unit are described, and potential applications of different size SMES systems in electric power grids are presented. Results are given of a reference design for a 10-GWh unit for load leveling, of a 30-MJ coil proposed for system stabilization, and of tests with a small-scale, 100-kJ magnetic energy storage system. The results of the fusion energy storage and transfer tests are presented. The common technology base for the various storage systems is discussed

  1. Electric utility system benefits of factory packaged GE LM Modular Generator sets

    Energy Technology Data Exchange (ETDEWEB)

    West, G.

    1994-12-31

    Electric utility system benefits of factory packaged GE LM modular generator sets are outlined. The following topics are discussed: GE LM gas turbine history, operating experience, maintenance, gas turbine spare engines, modular gas turbine generator sets, typical LM2500 cogeneration plant and STIG cycle plant, factory packaging concept, gas turbine/generator package, performance, comparison, competitive capital cost, phased construction, comparison of revenue requirements, capacity evaluation, heat rate evaluation, fuel evaluation, startup, and dispatch flexibility without maintenance penalty.

  2. Issues affecting the electricity transmission system in Mexico under a competitive integrated model

    Energy Technology Data Exchange (ETDEWEB)

    Avila Rosales, M.A.; Gonzalez Flores, J. [Federal Electricity Commission, Mexico City (Mexico)

    2008-07-01

    The electricity sector in Mexico is undergoing a process of significant structural change. The traditional industry framework has been exposed to new market structures and greater competition, both of which are being introduced by changing regulations regarding who can generate, transmit, distribute and sell electricity. Mexico's power industry is changing to a competitive integrated model. Electricity industry restructuring is partly based on the assumption that transmission systems should be flexible, reliable, and open to all exchanges no matter where the suppliers and consumers of energy are located and who they are. However, neither the existing transmission systems nor its management infrastructure can fully support this open exchange. This paper described the primary issues affecting the transmission system in Mexico under a competitive environment and a transmission expansion planning approach that took the uncertainties associated with the location and size of new generating power stations into consideration in order to produce least-cost and robust transmission plans. The paper described the planning process, including a rigorous analysis of the economics of the resulting transmission plans. Specifically, the paper described the current regulatory framework and supply adequacy as well as current procedures and methodologies for transmission management and expansion planning. The transmission planning methodology was also presented. This included a minimum cost analysis; profit analysis; and least-cost transmission plan. It was concluded that the transmission expansion planning approach stressed that a horizon year viewpoint was important because transmission additions have long-term use. The transmission expansion planning approach, further defined the process of selecting transmission projects as one of comparing and optimizing attributes such as near-term needs; long-term utilization; contribution to overall reliability; and favorable or least

  3. Electric utility preferred stock financing - twilight or new dawn?

    International Nuclear Information System (INIS)

    Klein, R.

    1991-01-01

    The tax laws have greatly diminished the importance of utility preferred stock. But with utility construction programs expected to rise, it is an opportune time to see if preferreds can be an attractive option again. As recently as 1980, preferred stock financing by electric utilities comprised 55% of all U.S. corporate preferred stock issued. By 1989, this percentage had declined to under 12%. In dollar amounts, electric utility preferred stock financing had decreased by two-thirds over the same time period. The author analyzes just why this decline occurred and what it portends for the future

  4. Retail competition

    International Nuclear Information System (INIS)

    1998-01-01

    Retail competition as the cornerstone of a competitive electricity marketplace was the subject of the seventh in the series of policy discussion papers developed at the Market Design Conference. Concern was expressed that because of the complexities involved in market design and technical implementation, the retail competition may lag behind other elements of the implementation of the new market design. A variety of key issues were debated, including the role of physical versus financial contracts, the form of retail competition and financial settlement systems in the short term, the requirement to separate 'competitive' (metering, billing, maintenance, consumer education) from non-competitive' (the transmission wires) services and the role of municipal electric utilities. It was agreed that the IMO should play an important role in defining and enforcing the separation of services, and that as a general rule, the development of policy in this area should be guided by the principle of maximizing the potential for competition

  5. Network governance in electricity distribution: Public utility or commodity

    International Nuclear Information System (INIS)

    Kuenneke, Rolf; Fens, Theo

    2005-01-01

    This paper addresses the question whether the operation and management of electricity distribution networks in a liberalized market environment evolves into a market driven commodity business or might be perceived as a genuine public utility task. A framework is developed to classify and compare different institutional arrangements according to the public utility model and the commodity model. These models are exemplified for the case of the Dutch electricity sector. It appears that the institutional organization of electricity distribution networks is at the crossroads of two very different institutional development paths. They develop towards commercial business if the system characteristics of the electricity sector remain basically unchanged to the traditional situation. If however innovative technological developments allow for a decentralization and decomposition of the electricity system, distribution networks might be operated as public utilities while other energy services are exploited commercially. (Author)

  6. Utility service quality - telecommincations, electricity, water

    Energy Technology Data Exchange (ETDEWEB)

    Holt, L. [Florida Univ., Gainesville, FL (United States). Public Utility Research Center

    2005-09-01

    This survey of quality-of-service issues raised by regulation identifies 12 steps for promoting efficient sector performance. First, regulators must identify objectives and prioritize them. Inter-agency coordination is often required to establish targets. Regulators must also determine a process for selecting measures and an appropriate method for evaluating them. Finally, performance incentives must be established and outcomes periodically reviewed. Telecommunications, electricity, and water all have multiple dimensions of quality that warrant careful attention. (Author)

  7. Regulatory environment and its impact on the market value of investor-owned electric utilities

    Science.gov (United States)

    Vishwanathan, Raman

    While other regulated industries have one by one been exposed to competitive reform, electric power, for over eighty years, has remained a great monopoly. For all those years, the vertically integrated suppliers of electricity in the United States have been assigned exclusive territorial (consumer) franchises and have been closely regulated. This environment is in the process change because the electric power industry is currently undergoing some dramatic adjustments. Since 1992, a number of states have initiated regulatory reform and are moving to allow retail customers to choose their energy supplier. There has also been a considerable federal government role in encouraging competition in the generation and transmission of electricity. The objective of this research is to investigate the reaction of investors to the prevailing regulatory environment in the electric utility industry by analyzing the market-to-book value for investor-owned electric utilities in the United States as a gauge of investor concern or support for change. In this study, the variable of interest is the market valuation of utilities, as it captures investor confidence to changes in the regulatory environment. Initially a classic regression model is analyzed on the full sample (of the 96 investor-owned utilities for the years 1992 through 1996), providing a total number of 480 (96 firms over 5 years) observations. Later fixed- and random-effects models are analyzed for the same full-sample model specified in the previous analysis. Also, the analysis is carried forward to examine the impact of the size of the utility and its degree of reliability on nuclear power generation on market values. In the period of this study, 1992--1996, the financial security markets downgraded utilities that were still operating in a regulated environment or had a substantial percentage of their power generation from nuclear power plants. It was also found that the financial market was sensitive to the size of

  8. Electricity utility deregulation in Great Britain: economic and industrial consequences

    International Nuclear Information System (INIS)

    Anon.

    1993-01-01

    In this paper we analyze in the first part how was made the deregulation of the public electric utilities in Great Britain and in the second the logic and the contradictions of this deregulation in an industrial point of view

  9. The application of financial options theory to electric utility decision making in integrated resource planning and maintenance shutdowns

    International Nuclear Information System (INIS)

    Felder, F.

    1995-01-01

    Increased competition in wholesale power generation will allow electric utilities to use financial models to improve their decision making. This competition will result in the creation of electricity spot, futures, and forward markets, which will provide necessary information for utility executives to used advance financial tools, such as random walk models and options theory. These models will allow executives to place a value on risk. Once this value is known, executives can determine how best to manage that risk, whether by entering into financial transactions, adjusting their operational and planning decisions, or both

  10. Opportunities for electric utilities in telecommunications

    International Nuclear Information System (INIS)

    Meehan, C.M.

    1994-01-01

    This article examines the opportunities for utility participation in the telecommunications market on private microwave systems and hybrid microwave and fiber systems. The topics of the article include entering the market, national information infrastructure, business opportunities and considerations, levels of participation in telecommunications market, and regulatory objectives

  11. Japanese electric utilities call for IPP capacity

    Energy Technology Data Exchange (ETDEWEB)

    Jeffs, E.

    1997-03-01

    Japan`s ten power utilities have finally grasped the nettle, and called in IPPs to supply at least 3 GW of new capacity in each of the next ten years. The first twenty schemes awarded last year are all based on existing industrial energy producers, and consist mainly of coal- or oil-fired plants of 150 MW or less. 1 tab.

  12. The electric utilities during the 1970s and 1980s

    International Nuclear Information System (INIS)

    Studness, C.M.

    1990-01-01

    This article reviews the financial performance of electric utilities during the 1970s and 1980s and the factors which have affected their performance. Topics include the effects of the energy crisis in 1973, the nuclear accident at Three Mile Island in 1979, the widespread use of imprudence disallowances by regulators after 1984, and the gradual extension of the nation's deregulation movement to the electric utilities

  13. The role of nuclear power and other options in competitive electricity market study using message model

    International Nuclear Information System (INIS)

    Scorpio Sri Herdinie and Edi Sartono

    2003-01-01

    The electricity demand in Indonesia is very high due to the National Economic Development based on industrialization and supported by a strong agriculture base. It can be noted that in the last five years, the annual electricity growth rate has been reaching around 15% per annum. Though during the economic crisis the electricity demand have time to reduction. Start early 2000s the economic growth in Indonesia will gradually increase. As a consequence, the electricity growth rate also increase in the next coming decades. MESSAGE (Model for Energy Supply Strategy Alternatives and their General Environmental Impacts) is a model designed for the optimization of energy system(i.e. energy supplies and utilization). The goal of this study is to support the national planning and decision making process in the energy and electricity sector in Indonesia with regard to the economic, health, environmental and safety aspects. The objective of this study is to analyse the role of Nuclear Power Plant in the whole energy systems by introducing the new electricity regulation and structure in the market. Seen that Nuclear Power Plant will be enter the Java Bali system in the period between 2015-2020. and will dominate the addition of capacities by the end period of study (year 2020-2025). Nuclear energy has very important long term roles in the energy scenario and it is possible to do the market competitive when the Multi buyer Multi Seller (MBMS) will be done in the system electricity in Indonesia(the government has changed the target of MBMS realization into 2007). (author)

  14. Successful renewable energy development in a competitive electricity market: A Texas case study

    International Nuclear Information System (INIS)

    Zarnikau, Jay

    2011-01-01

    The development of renewable energy in markets with competition at wholesale and retail levels poses challenges not present in areas served by vertically-integrated utilities. The intermittent nature of some renewable energy resources impact reliability, operations, and market prices, in turn affecting all market participants. Meeting renewable energy goals may require coordination among many market players. These challenges may be successfully overcome by imposing goals, establishing trading mechanisms, and implementing operational changes in competitive markets. This strategy has contributed to Texas' leadership among all US states in non-hydro renewable energy production. While Texas has been largely successful in accommodating over 9000 MW of wind power capacity, this extensive reliance upon wind power has also created numerous problems. Higher levels of operating reserves must now be procured. Market prices often go negative in the proximity of wind farms. Inaccurate wind forecasts have led to reliability problems. Five billion dollars in transmission investment will be necessary to facilitate further wind farm projects. Despite these costs, wind power is generally viewed as a net benefit. - Research Highlights: → Texas rapidly emerged as a leader in renewable energy development. → This state's experiences demonstrate that the right combination of policies to lead to rapid renewable energy development in a region with a very competitive electricity market. → Wind power development has lead to various operational challenges.

  15. Creating a competitive electricity market in Ontario - The energy consumer perspective

    International Nuclear Information System (INIS)

    Ford, M.

    1997-01-01

    The large consumers' perspective on the Ontario Government's decision to delay action on restructuring the electric power industry was provided, and recommendations were offered as to the best course of action that the Government ought to take. Ontario Hydro's proposal to restructure itself into separate generation, transmission and retail corporations, and to introduce competition into the Corporation was attacked as unworkable, in that it could not help but encourage price manipulation. The large consumer group also argued that retail distribution in Ontario needs major rationalization without an Ontario Hydro presence. In place of the Ontario Hydro proposal the Association of Major Power Consumers in Ontario (AMPCO) recommends a separate transmission system including an independent system operator, a restructuring of local distribution within a definite time frame and consistent criteria, to be worked out by municipal utilities and Ontario Hydro Retail, and establishment of a Transition Authority independent of Ontario Hydro with a mandate to carry out these changes. While the Ontario Government appears to be unlikely to undertake such a'risky' initiative at this stage of its mandate, significant change, including competition, remains inevitable. It is not a question of whether, but when a fully competitive energy market in Ontario will become a reality. tabs., figs

  16. Survey of current electric utility research in Canada

    International Nuclear Information System (INIS)

    1979-11-01

    Information on the research programs of eight Canadian electrical utilities and the Canadian Electrical Association has been compiled. Work done by the National Research Council of Canada is included, but the research done by Atomic Energy of Canada Ltd. is excluded. Projects in the area of nuclear power include work on heat transfer and fluid flow, waste management, materials, and corrosion. (L.L.)

  17. Measuring the competitiveness benefits of a transmission investment policy: The case of the Alberta electricity market

    International Nuclear Information System (INIS)

    Wolak, Frank A.

    2015-01-01

    Transmission expansions can increase the extent of competition faced by wholesale electricity suppliers with the ability to exercise unilateral market power. This can cause them to submit offer curves closer to their marginal cost curves, which sets market-clearing prices closer to competitive benchmark price levels. These lower wholesale market-clearing prices are the competitiveness benefit consumers realize from the transmission expansion. This paper quantifies empirically the competitiveness benefits of a transmission expansion policy that causes strategic suppliers to expect no transmission congestion. Using hourly generation-unit level offer, output, market-clearing price and congestion data from the Alberta wholesale electricity market from January 1, 2009 to July 31, 2013, an upper and lower bound on the hourly consumer competitiveness benefits of this transmission policy is computed. Both of these competitiveness benefits measures are economically significant, which argues for including them in transmission planning processes for wholesale electricity markets to ensure that all transmission expansions with positive net benefits to electricity consumers are undertaken. -- Highlights: •Define competitiveness benefits to consumers from transmission expansions in wholesale market. •Compute upper and lower bounds on competitiveness benefits for Alberta market. •Compare no-perceived congestion prices to actual prices to measure competitiveness benefits. •Economically substantial competitiveness benefits found for sample period studied. •To ensure adequate transmission, planning processes should account for these benefits

  18. Development of the electric utility dispersed use PAFC stack

    Energy Technology Data Exchange (ETDEWEB)

    Horiuchi, Hiroshi; Kotani, Ikuo [Mitsubishi Electric Co., Kobe (Japan); Morotomi, Isamu [Kansai Electric Power Co., Hyogo (Japan)] [and others

    1996-12-31

    Kansai Electric Power Co. and Mitsubishi Electric Co. have been developing the electric utility dispersed use PAFC stack operated under the ambient pressure. The new cell design have been developed, so that the large scale cell (1 m{sup 2} size) was adopted for the stack. To confirm the performance and the stability of the 1 m{sup 2} scale cell design, the short stack study had been performed.

  19. Competitive market and sources of its advantages in the electric energy subsector

    Directory of Open Access Journals (Sweden)

    Kazimierz Pająk

    2017-07-01

    Full Text Available The electric energy subsector varies considerably in terms of competitiveness depending on the area under analysis. Power generation, transmission and distribution have quite different characteristics of competitiveness than areas such as electricity trading. In the area of power generation, competitive advantage is developed by factors such as: skilful operation in the fuel market and targeted investments affecting the efficiency and effectiveness of equipment. In the area of energy distribution, despite the natural monopoly, some distribution system operators dynamically take over the market share of newly constructed networks. The area of energy trading can be successfully compared to other competitive market segments where mass sales of services and products occur.

  20. European utility requirements: common rules to design next LWR plants in an open electricity market

    International Nuclear Information System (INIS)

    Berbey, Pierre; Ingemarsson, Karl-Fredrik

    2004-01-01

    The major European electricity producers want to keep able to build new nuclear power plants and they believe 3. generation LWRs would be the most adapted response to their needs in the first decades of this century. Producing a common European Utility Requirement (EUR) document has been one of the basic tasks towards this objective. In this common frame, standardized and competitive LWR NPPs could be developed and offered to the investors. This idea is now well supported by all the other actors on the European electricity market: vendors, regulators, grid managers, administrations although in the competitive and unified European electricity market that is emerging, the electricity producers' stakes are more and more different from the other electricity business actors'. The next term objectives of the electricity producers involved in EUR are focused on negotiating common rules of the game together with the regulators. This covers the nuclear safety approaches, the conditions requested to connect a plant to a HV grid, as well as the design standards. Discussions are going on between the EUR organization and all the corresponding bodies to develop stabilized and predictable design rules that would meet the constraints of nuclear electricity generation in this new environment. Finally there cannot be competition without competitors. The EUR organization has proven to be the right place to establish trustful relationship between the vendors and their potential customers, through fair assessment of the proposed designs performance vs. the utility needs. This will be continued and developed with the main vendors present in Europe, so as to keep alive a list of 4 to 6 designs 'qualified', i.e. showing an acceptable score of non-compliance vs. EUR. (authors)

  1. Evaluation in a competitive utility environment: the threat of confidentiality

    International Nuclear Information System (INIS)

    Vine, Edward

    1997-01-01

    Utilities have become concerned that their competitors will desire access to energy-related data--including energy-efficiency data collected by utilities from their energy- efficiency programs--that they may regard as proprietary or confidential. In the future, disputes about confidentiality may focus more on costs and market information (as well as energy use and load data) than on energy-efficiency data per se. So far, the discussion has been limited to ratepayer-funded data. Consequently, many utilities are now requesting that the data (including evaluation data) they submit to their utility regulatory commissions remain confidential. Withholding utility information from the public is likely to harm the evaluation community that depends on the free flow of information for improving the practice of evaluation as well as for disseminating the lessons learned from particular program evaluations. Confidentiality will also have significant policy implications. In response to these concerns, in late 1995 and early 1996, we conducted a survey of state public utility commissions (PUCs) in the U.S. to assess: (1) the relative importance of the issue of confidential data in the regulatory arena; (2) the regulatory response to utility requests for confidentiality (e.g., formal policies, guidelines, rules and procedures, and decisions); and (3) the type of data filed as confidential with PUCS. We focus on the first two objectives of this study. In addition to our interviews, we reviewed selected state statutes, judicial and PUC decisions, rules and procedures, protective orders, and interim policy documents. Evaluators need to understand the context of confidentiality as well as the response of the regulatory commissions to confidentiality, because evaluators will need to adapt to a new environment where energy-related data and information may be harder to obtain and distribute. We propose that regulators conduct the following activities as soon as possible: 1. Assess

  2. Deregulation of ESI and privatization of state electric utilities in Thailand

    International Nuclear Information System (INIS)

    Chirarattananon, Surapong; Nirukkanaporn, Supattana

    2006-01-01

    In Thailand, electric supply services have all been taken over by the state and operated under state enterprises since 1968. Under a law empowering its monopoly, state utilities accumulated assets and built up their manpower to expand and operate the power system to serve the whole country. During the time of high growth in power demand in early the1990 s, the government initiated a move to privatize state electric utilities, the pace of which was firmed up after 1997, the year of the financial crash. Engagement of independent power producers (IPPs) through the use of long-term power purchase agreements (PPAs) for supply of electric power into the system operated by state electric utilities was also initiated from the mid 1990s. Total capacity of IPPs and Small Power Producers (SPPs) that sell excess power from cogeneration on to the system) rose and by the late 1990s started to create a constraint on system economic dispatch. In 1999 the National Energy Policy Council (NEPC) approved a recommendation of international consultants to transform the electric supply industry into a structure similar to the system in the United Kingdom. The transformation was proposed to precede corporatization and privatization of state electric utilities. The objectives of deregulation were to revoke the monopoly in ESI, to improve transparency in electricity pricing, to reduce debts of state enterprises, and to improve economic efficiency. Industry participants have voiced strong objection to the industry model proposed. With the change of market structure in UK to the New Electricity Trading Arrangement (NETA), the secretariat of NEPC also proposed a new structure similar to NETA. More acceptance from industry participants have been received for the new structure. However, it has been assumed that the proposed structure would bring improvement in system reliability, drawing investment into power generation in a manner that would be efficient. Tariff has also been expected to become

  3. Deregulation of ESI and privatization of state electric utilities in Thailand

    Energy Technology Data Exchange (ETDEWEB)

    Surapong Chirarattananon; Supattana Nirukkanaporn [Asian Institute of Technology, Pathum Thani (Thailand). Energy Program

    2006-11-15

    In Thailand, electric supply services have all been taken over by the state and operated under state enterprises since 1968. Under a law empowering its monopoly, state utilities accumulated assets and built up their manpower to expand and operate the power system to serve the whole country. During the time of high growth in power demand in the early 1990s, the government initiated a move to privatize state electric utilities, the pace of which was firmed up after 1997, the year of the financial crash. Engagement of independent power producers (IPPs) through the use of long-term power purchase agreements (PPAs) for supply of electric power into the system operated by state electric utilities was also initiated from the mid 1990s. Total capacity of IPPs and Small Power Producers (SPPs) that sell excess power from cogeneration on to the system, rose and by the late 1990s started to create a constraint on system economic dispatch. In 1999 the National Energy Policy Council (NEPC) approved a recommendation of international consultants to transform the electric supply industry into a structure similar to the system in the United Kingdom. The transformation was proposed to precede corporatization and privatization of state electric utilities. The objectives of deregulation were to revoke the monopoly in ESI, to improve transparency in electricity pricing, to reduce debts of state enterprises, and to improve economic efficiency. Industry participants have voiced strong objection to the industry model proposed. With the change of market structure in UK to the New Electricity Trading Arrangement (NETA), the secretariat of NEPC also proposed a new structure similar to NETA. More acceptance from industry participants have been received for the new structure. However, it has been assumed that the proposed structure would bring improvement in system reliability, drawing investment into power generation in a manner that would be efficient. Tariff has also been expected to become

  4. Deregulation of ESI and privatization of state electric utilities in Thailand

    Energy Technology Data Exchange (ETDEWEB)

    Chirarattananon, Surapong [Energy Program, Asian Institute of Technology, PO Box 4, Klong Luang, Pathum Thani 12120 (Thailand)]. E-mail: surapong@ait.ac.th; Nirukkanaporn, Supattana [Energy Program, Asian Institute of Technology, PO Box 4, Klong Luang, Pathum Thani 12120 (Thailand)

    2006-11-15

    In Thailand, electric supply services have all been taken over by the state and operated under state enterprises since 1968. Under a law empowering its monopoly, state utilities accumulated assets and built up their manpower to expand and operate the power system to serve the whole country. During the time of high growth in power demand in early the1990 s, the government initiated a move to privatize state electric utilities, the pace of which was firmed up after 1997, the year of the financial crash. Engagement of independent power producers (IPPs) through the use of long-term power purchase agreements (PPAs) for supply of electric power into the system operated by state electric utilities was also initiated from the mid 1990s. Total capacity of IPPs and Small Power Producers (SPPs) that sell excess power from cogeneration on to the system) rose and by the late 1990s started to create a constraint on system economic dispatch. In 1999 the National Energy Policy Council (NEPC) approved a recommendation of international consultants to transform the electric supply industry into a structure similar to the system in the United Kingdom. The transformation was proposed to precede corporatization and privatization of state electric utilities. The objectives of deregulation were to revoke the monopoly in ESI, to improve transparency in electricity pricing, to reduce debts of state enterprises, and to improve economic efficiency. Industry participants have voiced strong objection to the industry model proposed. With the change of market structure in UK to the New Electricity Trading Arrangement (NETA), the secretariat of NEPC also proposed a new structure similar to NETA. More acceptance from industry participants have been received for the new structure. However, it has been assumed that the proposed structure would bring improvement in system reliability, drawing investment into power generation in a manner that would be efficient. Tariff has also been expected to become

  5. Deregulation of ESI and privatization of state electric utilities in Thailand

    International Nuclear Information System (INIS)

    Surapong Chirarattananon; Supattana Nirukkanaporn

    2006-01-01

    In Thailand, electric supply services have all been taken over by the state and operated under state enterprises since 1968. Under a law empowering its monopoly, state utilities accumulated assets and built up their manpower to expand and operate the power system to serve the whole country. During the time of high growth in power demand in the early 1990s, the government initiated a move to privatize state electric utilities, the pace of which was firmed up after 1997, the year of the financial crash. Engagement of independent power producers (IPPs) through the use of long-term power purchase agreements (PPAs) for supply of electric power into the system operated by state electric utilities was also initiated from the mid 1990s. Total capacity of IPPs and Small Power Producers (SPPs) that sell excess power from cogeneration on to the system, rose and by the late 1990s started to create a constraint on system economic dispatch. In 1999 the National Energy Policy Council (NEPC) approved a recommendation of international consultants to transform the electric supply industry into a structure similar to the system in the United Kingdom. The transformation was proposed to precede corporatization and privatization of state electric utilities. The objectives of deregulation were to revoke the monopoly in ESI, to improve transparency in electricity pricing, to reduce debts of state enterprises, and to improve economic efficiency. Industry participants have voiced strong objection to the industry model proposed. With the change of market structure in UK to the New Electricity Trading Arrangement (NETA), the secretariat of NEPC also proposed a new structure similar to NETA. More acceptance from industry participants have been received for the new structure. However, it has been assumed that the proposed structure would bring improvement in system reliability, drawing investment into power generation in a manner that would be efficient. Tariff has also been expected to become

  6. Financial statistics major US publicly owned electric utilities 1996

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1998-03-01

    The 1996 edition of The Financial Statistics of Major US Publicly Owned Electric Utilities publication presents 5 years (1992 through 1996) of summary financial data and current year detailed financial data on the major publicly owned electric utilities. The objective of the publication is to provide Federal and State governments, industry, and the general public with current and historical data that can be used for policymaking and decision making purposes related to publicly owned electric utility issues. Generator and nongenerator summaries are presented in this publication. Five years of summary financial data are provided. Summaries of generators for fiscal years ending June 30 and December 31, nongenerators for fiscal years ending June 30 and December 31, and summaries of all respondents are provided. The composite tables present aggregates of income statement and balance sheet data, as well as financial indicators. Composite tables also display electric operation and maintenance expenses, electric utility plant, number of consumers, sales of electricity, and operating revenue, and electric energy account data. 2 figs., 32 tabs.

  7. Economies of scale and vertical integration in the investor-owed electric utility industry

    International Nuclear Information System (INIS)

    Thompson, H.G.; Islam, M.; Rose, K.

    1996-01-01

    This report analyzes the nature of costs in a vertically integrated electric utility. Findings provide new insights into the operations of the vertically integrated electric utility and supports earlier research on economics of scale and density; results also provide insights for policy makers dealing with electric industry restructuring issues such as competitive structure and mergers. Overall, results indicate that for most firms in the industry, average costs would not be reduced through expansion of generation, numbers of customers, or the delivery system. Evidently, the combination of benefits from large-scale technologies, managerial experience, coordination, or load diversity have been exhausted by the larger firms in the industry; however many firms would benefit from reducing their generation-to-sales ratio and by increasing sales to their existing customer base. Three cost models were used in the analysis

  8. 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.

  9. The liberalization of the electric market from the view of a public utility

    International Nuclear Information System (INIS)

    Schwab, J.

    1999-01-01

    The competition associated with the liberalization of the electric power-supply markets and the altered customers behavior will require a fundamental reorientation in all commercial areas of the energy supply companies (ESC).The companies will only master these new challenges if they react promptly and in an appropriate flexible manner as well as with the demanded orientation attached to the market and to the customers. The strategy of reorientation of the ESC will be determined more and more by the customers and by demand less by supply and technology. The competition on the power-supply market will take predominately place in production and in commercialization. Thereby the commercialization of demand oriented products will be of increasing importance. On the partial markets of 'Industrial' and 'Contract'-customers and electric power trade the energy-suppliers must operate with different strategies. For the power-supplier the following results as consequences of the environment's change: trend to competition is irreversible, areas of creation of economic values are more important than supply stages, the net remains monopoly, new market participants will appear, the competition in the production will increase. The management-orientated way of the Grazer StadtwerkeAG as a public utility is to read as follows: increase the competence for competition, focus on the customer. (author)

  10. Optimal utilization of electric power in the Nordic countries

    International Nuclear Information System (INIS)

    Magnusson, G.; Gjelsvik, E.

    1992-01-01

    It is attempted to address the questions of which advantages the equilibrium solution would have for the energy market under free trade conditions, how Nordic electric power can be used optimally and what the trading pattern looks like, which kind of competition the transmission of electricity via cables to Iceland and other Nordic countries will meet in the United Kingdom (UK) and the Continent, how high the option values are of trading with electric power via cables from, for example, Iceland to the UK and how great the profit could be from a more effective use of electricity for aluminium production in Norway and Iceland. Data are given on consumer prices for 1990 in Scandinavia, Germany and the UK, and a few graphs and a map illustrate the text. (AB)

  11. Electricity prices in France. From reality to perspectives in competition

    International Nuclear Information System (INIS)

    Leban, R.

    1999-01-01

    The French system of electricity pricing is based upon the principle of 'sale at development cost' or 'marginal long-term cost'. Drawing up prices is based upon a calculation of the marginal production costs carried out from time to time on the margins of the network for the years to come in accordance with demand forecasts and based upon a statistical but detailed appreciation of marginal transport costs. Gradually refined in order to take account of changes in demand and increases in the capacity of clients to respond to price signals, the system today appears to be highly complex. On the other hand this system possesses unequaled properties to encourage clients to consume wisely and boasts a recognised theoretical force. The long-term failure of the network to adapt may lead to an increasing focus on marginal short-term real costs, with as consequence the drastic reduction of seasonal variations. The difference with development cost pricing is fairly imperceptible in fine if, in order for a stable signal to exist, the short-term costs are averaged over future years. The continued existence of non-eligible customer segments and the existence (at least for several years) of dominant positions in those open to competition mean that there is a risk of cross-subsidies and predatory pricing being employed, risk that the regulator must restrict. The idea of avoiding cross-subsidies by imposing prices at marginal development costs as the ceiling for the prices charged to non-eligible clients, the use of the marginal short-term real costs of the operator to define the variable costs below which there is a predatory situation, and the use of the above mentioned marginal development costs to specify the total supply costs above which a predatory situation is no longer applicable appears tempting for three reasons. These costs always make sense on a legal and economic level, they may be determined easily due to the pricing decisions agreed with the EDF and the mechanisms

  12. Integrating competition and planning: A mixed institutional model of the Brazilian electric power sector

    International Nuclear Information System (INIS)

    Bajay, S.V.

    2006-01-01

    During the past decade, the Brazilian electric power sector went through similar institutional changes taken place in both developing and developed countries. The main goals for such changes were to inject competition into the generation and supply links of the sector's production chain and to reduce public debt via privatization of state-owned utilities that dominated the pre-reform sector. This paper discusses why these changes took place in Brazil and explains why the results of the reform model implemented by the previous federal administration were unsatisfactory. The current federal administration has substantially altered the prior model, aiming to remedy insufficient private investment in new power stations that caused a serious power shortage in 2001. The paper addresses the main characteristics of the new model, which implements (a) public biddings of new power plants for all distribution utilities in the country, and (b) forward planning of optimal commissioning times and capacity of new plants. The paper ends with a discussion of the potential benefits and drawbacks of the new scheme and the role of the regulator in the early stage of the ongoing transition in the Brazilian electrical power industry. (author)

  13. Competition policies and environmental quality: Empirical analysis of the electricity sector in OECD countries

    International Nuclear Information System (INIS)

    Asane-Otoo, Emmanuel

    2016-01-01

    Over the last decades, electricity markets across OECD countries have been subjected to profound structural changes with far-reaching implications on the economy and the environment. This paper investigates the effect of restructuring – changes in entry regulations, the degree of vertical integration and ownership structure – on GHG emissions. The findings show that competition policies – particularly reducing the degree of vertical integration and increasing privatization – correlate negatively with emission intensity. However, the environmental effect of reducing market entry barriers is generally insignificant. Integration of competition and stringent environmental policies are required to reduce GHG emissions and improve environmental quality. - Highlights: •Empirical study on competition policies and GHG emissions from the electricity sector. •Product market regulation scores for OECD countries are used to measure the extent of competition. •Evidence of a positive relationship between competition policies and environmental quality. •Integration of competition and stringent environmental policies is recommended.

  14. Leadership skills for the California electric utility industry: A qualitative study

    Science.gov (United States)

    Hubbell, Michael

    The purpose of this qualitative study was to determine the skills and knowledge necessary for leaders in the California electric utility industry in 2020. With rapid industry changes, skills to effectively lead and stay competitive are undetermined. Leaders must manage an increasingly hostile social and political environment, incorporate new technology, and deal with an aging workforce and infrastructure. Methodology. This study utilized a qualitative case study design to determine the factors that influence the skills leaders will require in 2020. It incorporated the perspectives of current electric utility leaders while looking with a future lens. Findings. Interviews were conducted with transmission and distribution (T&D) directors at 3 investor-owned public electric utilities headquartered in California. The questions followed an open-ended format to gather responses as perceived by electric utility leaders for each research question category: overall skills, aging workforce, regulation, technology, and leading younger generations. The research resulted in 18 major themes: 5 for overall skills, 3 for aging workforce, 4 for regulation, 3 for technology, and 3 for leading younger generations. Conclusions. The study identified leadership skills including the ability to embrace, leverage, and stay current with technology; understand and provide a clear vision for the future; increase creativity; manage the next set of workers; motivate during a time of great change; prepare for knowledge transfer and change in workforce culture; manage regulatory expectations; expand potential utility opportunities; leverage "big data"; allow worker collaboration; and understand what drives younger generations. Recommendations. California-based electric utility leaders can remain effective by implementing key strategies identified herein. Further research could examine perspectives of additional utility leaders who lead in organizational units outside of T&D, expand the research to

  15. An Introduction of Gas Business and Its Competitiveness for Electricity Sector in Indonesia

    Energy Technology Data Exchange (ETDEWEB)

    Hakim, A.; Sumardi, I.

    2007-07-01

    Gas Industry becomes the most important energy business in Indonesia, since Indonesia is not the oil exporter country any longer recently. The large gap between production and consumption of gas shows that the availability of this energy is huge, and lack of accessibility and acceptability. The utilization of gas, especially for electricity sector is very low, with only 7% of total consumption. Some experiences in Indonesia shows that not all of stakeholders and participants in this gas business know comprehensively about the basic system of gas system; what is gas contract; the anatomy of gas contract; the relationship and systematic flow diagram between seller and buyer; the natural gas development; the gas pricing; and so on. This paper obtains the framework of the real gas business in Indonesia and gives the real example of its competitiveness among the other energy types used in electricity sector. An understanding that aims in promoting sustainable economic growth and the security of supply in electricity sector in Indonesia is also discussed in detail. (auth)

  16. Cost and quality of fuels for electric utility plants 1991

    International Nuclear Information System (INIS)

    1992-01-01

    Data for 1991 and 1990 receipts and costs for fossil fuels discussed in the Executive Summary are displayed in Tables ES1 through ES7. These data are for electric generating plants with a total steam-electric and combined-cycle nameplate capacity of 50 or more megawatts. Data presented in the Executive Summary on generation, consumption, and stocks of fossil fuels at electric utilities are based on data collected on the Energy Information Administration, Form EIA-759, ''Monthly Power Plant Report.'' These data cover all electric generating plants. The average delivered cost of coal, petroleum, and gas each decreased in 1991 from 1990 levels. Overall, the average annual cost of fossil fuels delivered to electric utilities in 1991 was $1.60 per million Btu, a decrease of $0.09 per million Btu from 1990. This was the lowest average annual cost since 1978 and was the result of the abundant supply of coal, petroleum, and gas available to electric utilities. US net generation of electricity by all electric utilities in 1991 increased by less than I percent--the smallest increase since the decline that occurred in 1982.3 Coal and gas-fired steam net generation, each, decreased by less than I percent and petroleum-fired steam net generation by nearly 5 percent. Nuclear-powered net generation, however, increased by 6 percent. Fossil fuels accounted for 68 percent of all generation; nuclear, 22 percent; and hydroelectric, 10 percent. Sales of electricity to ultimate consumers in 1991 were 2 percent higher than during 1990

  17. Geothermal energy in the new competitive electric sector of Latin America and the Caribbean

    International Nuclear Information System (INIS)

    Barrientos, Maria Elena; Coviello, Manlio

    1999-01-01

    The purpose of this document is to analyze the problem of the allocation of risks in private or mixed geothermal projects, within the framework of the new competitive electric sector being structured in Latin America. (The author)

  18. Implementation of Electricity Business Competition Framework with Economic Dispatch Direct Method

    Directory of Open Access Journals (Sweden)

    Yusra Sabri

    2012-12-01

    Full Text Available Technically, electricity business under competition structure is more complex than that of vertically integrated one. The main prolems here are how to create an applicable competition framework and to solve electric calculations very quickly to obtain an optimal energi pricing, cost of losses, congestion and transportation costs by less than 15 minutes. This paper proposes a competition framework with the electric calculations, where a bilateral contract has been accommodated. Optimal energy price in the paper is calculated based on direct method of economic dispatch to obtain the result very quickly. The proposed method has been simulated to a 4-bus system. The simulation results show that the method works well and complies with the expectation. Therefore, electric power business under competition structure can be well realized by the proposed method.

  19. Review of inter-utility trade in electricity

    International Nuclear Information System (INIS)

    1994-01-01

    In 1992, Canada's National Energy Board released two discussion papers on inter-utility trade. Responses to the papers were received from utilities, government agencies, and other interested parties with regard to questions concerning measures that could be taken to enhance interprovincial trade in electricity and to enable buyers and sellers of electricity to obtain commercial access to available transmission capacity through intermediate provinces for wheeling purposes. The Board's review had estimated long-term net benefits from enhanced inter-utility cooperation at $23-32.5 billion by the year 2000 from such types of transactions as seasonal diversity exchanges and long-term firm sales. Seven types of options to achieve enhanced inter-utility trade were identified. Most of the respondent utilities and provinces that have direct access to external markets tended to prefer the status quo, opposing mandated solutions but supporting (or at least not opposing) federal monitoring of progress on enhanced inter-utility cooperation. Provinces and utilities without direct access to external markets tended to support (as a last resort) mandated solutions to disputes concerning electricity trade. Since the Board review, important events in the North American electricity supply industry have occurred; these are described, focusing on the US Energy Policy Act that gives powers to order transmission access. The formation by US utilities of regional transmission groups (RTGs) with federal encouragement is discussed, along with the implications for Canadian utilities that may want to become members of particular RTGs. The advantages and drawbacks of selecting the various options for enhancing inter-utility trade are then summarized. 1 tab

  20. Regulatory reform in the Spanish electricity industry: a missed opportunity for competition

    International Nuclear Information System (INIS)

    Arocena, P.; Kuhn, Kai-Uwe; Regibeau, P.

    1998-01-01

    This paper examines the reform of the Spanish electricity industry, and argues that the reform is a lost opportunity for the rapid introduction of competition. The evolution of the Spanish electrical power industry is traced, and the basic characteristics of the Spanish electricity market, the regulatory regime before liberalisation, and the liberalisation process and its shortcomings are discussed. Some policy suggestions are raised including the facilitating of competitive entry in generation, the liberalisation of supply activities, the regulation of distribution, and increasing the power, independence and transparency of the regulator. The capacity, generation, and distribution shares of Spanish electric companies as of 1996 are tabulated. (UK)

  1. Incorporating network effects in a competitive electricity industry. An Australian perspective

    International Nuclear Information System (INIS)

    Outhred, H.; Kaye, J.

    1996-01-01

    The role of an electricity network in a competitive electricity industry is reviewed, the nation's experience with transmission pricing is discussed, and a 'Nodal Auction Model' for incorporating network effects in a competitive electricity industry is proposed. The model uses a computer-based auction procedure to address both the spatial issues associated with an electricity network and the temporal issues associated with operation scheduling. The objective is to provide a market framework that addresses both network effects and operation scheduling in a coordinated implementation of spot pricing theory. 12 refs

  2. The challenge for gas: get price-competitive with coal-fired electricity

    International Nuclear Information System (INIS)

    Gill, Len

    1999-01-01

    The challenge for the gas industry is to become price competitive with coal-fired electricity if it wants a larger share of the energy market. Returning to the issue of greater use of gas for electricity generation, the author points out that although electricity prices were rising they were still below the point where gas-fired electricity generation was viable. Copyright (1999) The Australian Gas Journal

  3. Dynamics of competitive strategies in de-regulated industries: the case of the electricity industry in France

    International Nuclear Information System (INIS)

    Cateura, O.

    2007-11-01

    This research work is focused on the competitive dynamics approach and rivalry studies between competitors. It develops theses recent perspectives and particularly multi-market competition (also called multipoint competition) in de-regulated industries (network utilities). Indeed, competitive behaviours in liberalized industries are still badly-known. To conduct this research, we decided to analyze a selection of companies (EDF, Electrabel, Endesa, Enel, Gaz de France, Poweo, Direct Energie..) settled on the French electricity market presently in the course of liberalization (1996 - 2006). This qualitative research, through longitudinal case studies, has been developed thanks to a CIFRE agreement (between the French Ministry of Research and the firm Electrabel France) including action research and participant observation. Using multidimensional strategic sequences, we identified two periods, the first one characterized by a confrontation movement and a second one by mutual forbearance. We argue that after learning the rules of a newly liberalized market (confrontation, diversification, internationalization), competitors rapidly and collectively shift there positions towards a focused European strategy based on the gas-electricity convergence. The development of multi-market competition has conducted to mutual forbearance, which was particularly profitable to the major participants. Integrated strategy (market and non-market) appears as an important driver for legitimizing theses behaviours. (author)

  4. How integrated resource planning for US electric utilities affects shareholder interests

    International Nuclear Information System (INIS)

    Hadley, S.; Hirst, E.

    1995-01-01

    Integrated resource planning (IRP) seeks to identify the mix of resources that can best meet the future energy-service needs of customers. These resources include new sources, types, and owners of power plants plus demand-side management (DSM) programs. However, little explicit attention is given to utility shareholders in the typical resource-planning proceeding. Because of the complexity of state regulatory practices and tax policies, it seems unlikely that different resources that provide comparable services to customers will yield comparable returns to shareholders. This study examines a typical US investor-owned utility's financial operations and performance using a spreadsheet model we developed for this project. The model simulates an electric utility's financial operations, and produces an annual income statement, balance sheet, and cash-flow statement. We calculated the net present value of realized (cash) return on equity as the primary factor used to represent shareholder interests. We examined shareholder returns for these resources as functions of public utility commission regulation, taxes, and the utility's operating environment. Given the increasingly competitive nature of electricity markets, we examined shareholder returns for these resources in an environment where the utility competes with other suppliers solely on the basis of electricity price. (author)

  5. Electric utility resource expansion planning using environmental externalities

    International Nuclear Information System (INIS)

    Mitchell, D.

    1992-01-01

    This paper describes the recent experience of San Diego Gas ampersand Electric Company using environmental externalities in the expansion planning of its electrical system. This is the first time that this method of planning has been used in the electric utility industry in California. The paper reviews the conceptual development of the monetary values for environmental externalities and shows how the application of these values modifies the resource selection process. This paper should be of interest to professionals involved in policy issues relating to the use of environmental externalities as a means to improve the environment. The experience gained through this analyses should also benefit electric utility personnel involved in planning, and regulators interested in planning

  6. Activities of electric utilities in alternative energy projects

    International Nuclear Information System (INIS)

    Silva, D.B. da; Reis Neto, J.L. dos

    1990-01-01

    Since oil crisis, in 1973 and 1979, some electrical utilities in Brazil begun investments in alternative projects for example production of electrolytic hydrogen, peats with energetics goals, steam from electric boiler, and methanol from wood gasification. With oil substitution goals, these projects have not success actually, after attenuated the crisis. However, the results acquired is experience for the development of the brazilian energy patterns. (author)

  7. Structural and behavioural foundations of competitive electricity prices

    International Nuclear Information System (INIS)

    Bunn, D.W.

    2004-01-01

    This chapter presents a basic introduction to price formation in the new electricity markets and examines power system economics and electricity market liberalisation. Topics discussed include wholesale electricity prices, the case of gas, the effect of the instantaneous nature of the electricity product, spot markets for electricity, and the ability of industrial companies to influence prices. Market fundamentals are reviewed, and institutional reform and strategic evolution are explored. British daily average power and gas prices, monthly forward prices on the British power and gas markets, seasonal demand profile, electricity demand UK 98/00, annual cost of each plant, price formation in 1997, and monthly demand and wholesale prices in England and Wales 1990-1998 are among the graphs provided

  8. Institutional and programmatic suggestions for satisfying public policy responsibilities in a retail competitive electric industry

    Energy Technology Data Exchange (ETDEWEB)

    Tonn, B.E.; Schweitzer, M. [Oak Ridge National Lab., TN (United States)

    1997-01-01

    The emergence of retail competition in the US electric power industry places at risk various environmental and social programmes such as demand side management, low income programmes and renewable energy. This paper presents institutional and programmatic suggestions for satisfying these kinds of public policy responsibilities in a disintegrated industry. Suggestions include customer owned electricity franchises, electricity facility siting marketplaces, electric industry foresight councils, model systems programmes, integrated social services programmes, collaborative electric service programmes, ISO standards and portfolio standards. These recommendations would be funded by a national transmission charge, a state level distribution charge and franchise level sales taxes, to be paid by transmission organizations, distribution organizations and electricity consumers, respectively. (author)

  9. Cost analysis of energy storage systems for electric utility applications

    Energy Technology Data Exchange (ETDEWEB)

    Akhil, A. [Sandia National Lab., Albuquerque, NM (United States); Swaminathan, S.; Sen, R.K. [R.K. Sen & Associates, Inc., Bethesda, MD (United States)

    1997-02-01

    Under the sponsorship of the Department of Energy, Office of Utility Technologies, the Energy Storage System Analysis and Development Department at Sandia National Laboratories (SNL) conducted a cost analysis of energy storage systems for electric utility applications. The scope of the study included the analysis of costs for existing and planned battery, SMES, and flywheel energy storage systems. The analysis also identified the potential for cost reduction of key components.

  10. Deregulation of the electric utility industry - implications for nuclear power

    International Nuclear Information System (INIS)

    Fern, A.Rose

    2000-01-01

    The deregulation movement sweeping the international electric utility community represents a dramatic shift om the traditional business model of utilities. This paper will focus on deregulation in thc United States and the new challenges for nuclear power plant operators. An overview of the new operating models being implemented in the US will lead into a discussion on new economic and operating concerns for nuclear power plant operators. (author)

  11. Deregulation of the electric utility industry - implications for nuclear power

    International Nuclear Information System (INIS)

    Fern, A.R.

    2001-01-01

    The deregulation movement sweeping the international electric utility community represents a dramatic shift from the traditional utility business model. This paper will focus on deregulation in the United States and the new challenges for nuclear power plant operators. An overview of the new operating models being implemented in the US will lead into a discussion on new economic and operating concerns for nuclear power plant operators. (author)

  12. An economic and legal perspective on electric utility transition costs

    Energy Technology Data Exchange (ETDEWEB)

    Rose, K.

    1996-07-01

    The issue of possibly unrecoverable cost incurred by a utility, or `stranded costs,` has emerged as a major obstacle to developing a competitive generation market. Stranded or transition costs are defined as costs incurred by a utility to serve its customers that were being recovered in rates but are no longer due to availability of lower-priced alternative suppliers. The idea of `stranded cost,` and more importantly arguments for its recovery, is a concept with little basis in economic theory, legal precedence, or precedence in other deregulated industries. The main argument recovery is that the ``regulatory compact`` requires it. This is based on the misconception that the regulator compact is simply: the utility incurs costs on behalf of its customers because of the ``obligation to serve`` so, therefore, customers are obligated to pay. This is a mischaracterization of what the compact was and how it developed. Another argument is that recovery is required for economic efficiency. This presumes, however, a very narrow definition of efficiency based on preventing ``uneconomic`` bypass of the utility and that utilities minimize costs. A broader definition of efficiency and the likelihood of cost inefficiencies in the industry suggest that the cost imposed on customers from inhibiting competition could exceed the gains from preventing uneconomic bypass. Both these issues are examined in this paper.

  13. Spot markets vs. long-term contracts - modelling tools for regional electricity generating utilities

    International Nuclear Information System (INIS)

    Grohnheit, P.E.

    1999-01-01

    A properly organised market for electricity requires that some information will be available for all market participants. Also a range of generally available modelling tools are necessary. This paper describes a set of simple models based on published data for analyses of the long-term revenues of regional utilities with combined heat and power generation (CHP), who will operate a competitive international electricity market and a local heat market. The future revenues from trade on the spot market is analysed using a load curve model, in which marginal costs are calculated on the basis of short-term costs of the available units and chronological hourly variations in the demands for electricity and heat. Assumptions on prices, marginal costs and electricity generation by the different types of generating units are studied for selected types of local electricity generators. The long-term revenue requirements to be met by long-term contracts are analysed using a traditional techno-economic optimisation model focusing on technology choice and competition among technologies over 20.30 years. A possible conclusion from this discussion is that it is important for the economic and environmental efficiency of the electricity market that local or regional generators of CHP, who are able to react on price signals, do not conclude long-term contracts that include fixed time-of-day tariff for sale of electricity. Optimisation results for a CHP region (represented by the structure of the Danish electricity and CHP market in 1995) also indicates that a market for CO 2 tradable permits is unlikely to attract major non-fossil fuel technologies for electricity generation, e.g. wind power. (au)

  14. The EU's Major Electricity and Gas Utilities since Market Liberalization

    Energy Technology Data Exchange (ETDEWEB)

    Schulke, Ch.

    2010-07-01

    A major change has taken place in the company structure of the European electricity and gas markets. Twenty years ago, national or regional monopolies dominated the markets and there was strictly no competition between utilities. But since the liberalization of EU energy markets began in the 1990's, companies like E.ON, GDF Suez, EDF, Enel, and RWE have become European giants with activities in a large number of Member States. The advocates of market liberalization did not expect, or even intend, the emergence of a small number of large utilities that control an increasing part of the EU market. Some observers already claim that liberalization has led to an oligopoly with detrimental consequences for competition. Based on extensive background research, this book presents a fact-based analysis of the changes in the European utility sector since the 1990's. Case studies of the seven largest utilities illustrate how companies adapted their strategies to the changing market environment. The author underlines diverging choices and common trends like geographic expansion into new markets via mergers and acquisitions or diversification of business activities with the aim of using synergies between electricity and gas. (author)

  15. The rural utility response to Colorado's electricity mandates

    International Nuclear Information System (INIS)

    Tierney, Sean

    2011-01-01

    When Colorado voters passed Amendment 37 in 2004, it became the first state to pass a renewable portfolio standard at the ballet box, suggesting broad appeal to harness and pay for renewable energy. While large urban utilities are prepared to make this transition, smaller cities and rural areas, for various financial and scale issues are severely disadvantaged in trying to incorporate more renewable energy sources into their electricity mix. This was evident by the state's support for Amendment 37, which was passed due to strong support in the Denver metro area-representing nearly half of the state's population. Support for the bill was poor in the rest of the state. Nevertheless, in 2007, the state expanded up Amendment 37 by forcing the utilities in rural communities to diversify their electricity mix. This study surveyed the managers at the state's various rural electric cooperatives and municipal utilities in an effort to gage their attitudes concerning: carbon legislation, conservation and efficiency programs, and their plans for making the transition away from fossil fuel generation. - Highlights: → Communities served by rural utilities opposed Colorado's state-wide RPS, but were forced to adhere anyway. → Most rural utilities are very concerned about the economic impacts of trying to diversify their energy portfolios. → Many of these unregulated utilities were already pushing DSM programs to promote conservation and improve efficiency.

  16. The competitivity of nuclear electricity: the past and prospects

    International Nuclear Information System (INIS)

    Ferrari, A.; Bendell, F.

    1984-01-01

    This article attempts to answer the following questions: What has been the evolution during the past ten years of the costs of a kWh. Can the causes of this evolution be identified with certitude. Are costs now under control and are the present forecasts reliable. What is the situation concerning the competition between coal and nuclear energy [fr

  17. Positioning the electric utility to build information infrastructure

    Energy Technology Data Exchange (ETDEWEB)

    1994-11-01

    In two particular respects (briefly investigated in this study from a lawyer`s perspective), electric utilities appear uniquely well-positioned to contribute to the National Information Infrastructure (NII). First of all, utilities have legal powers derived from their charters and operating authorities, confirmed in their rights-of-way, to carry out activities and functions necessary for delivering electric service. These activities and functions include building telecommunications facilities and undertaking information services that have become essential to managing electricity demand and supply. The economic value of the efficiencies made possible by telecommunications and information could be substantial. How great remains to be established, but by many estimates electric utility applications could fund a significant share of the capital costs of building the NII. Though utilities` legal powers to pursue such efficiencies through telecommunications and information appear beyond dispute, it is likely that the effort to do so will produce substantial excess capacity. Who will benefit from this excess capacity is a potentially contentious political question that demands early resolution. Will this windfall go to the utility, the customer, or no one (because of political paralysis), or will there be some equitable and practical split? A second aspect of inquiry here points to another contemporary issue of very great societal importance that could very well become the platform on which the first question can be resolved fortuitously-how to achieve universal telecommunications service. In the effort to fashion the NII that will now continue, ways and means to maximize the unique potential contribution of electric utilities to meeting important social and economic needs--in particular, universal service--merit priority attention.

  18. From franchise to state commission: Regulation of the electric utility industry, 1907 to 1932

    Science.gov (United States)

    Reutter, Keith Alan

    1997-09-01

    Empirical research into the effects of regulation on industry has been around since the early 1960s. Over the last thirty plus years a number of interesting results have been brought to the fore. For instance, it has been found that regulation of the trucking industry limits entry and increases prices. A similar result has been pointed to in other industries such as commercial airlines and banking. The effect of the state commission form of regulation on the electric utility industry has been less conclusive. State commissions became dominant during the period 1910-1930, replacing local franchising as a method of regulating the electric utility industry. Two competing theories suggest why this transformation took place, the "capture" and "public interest" theories of regulation. The capture theory of regulation suggests that the electric utility industry demanded state regulation as a way to earn above normal profits and reduce competition. The public interest theory suggests the purpose of regulation by state commissions was to benefit the general public by forcing the industry to be competitive. Few studies have tried to determine which theory more aptly describes the actual events that took place. The empirical model developed in Chapter V, is an extension of the current literature. A set of simultaneous equations describing the natural gas and electricity markets is estimated using cross-sectional time-series data from 1907 to 1932. The effect of regulation on the electric utility industry is modeled with a dummy variable taking on a value of one to designate that a state commission had been established. The results suggest the capture theory of regulation best describes the period under study. The empirical estimates indicate that state commissions (1) reduced the rate at which the real price of electricity was falling, (2) had a negative impact on firms entering the industry, (3) had a positive influence on the cost of producing a kwh of electricity, and (4

  19. Competition in the European electricity markets – outcomes of a Delphi study

    International Nuclear Information System (INIS)

    Makkonen, Mari; Pätäri, Satu; Jantunen, Ari; Viljainen, Satu

    2012-01-01

    Internal European electricity markets are a target set by the European Union (EU) and under development at present. This article presents the findings of a Delphi study focusing on the prospects of European electricity markets. The main aim is to report the obstacles that participants in the survey felt were the most critical ones affecting competition in the European electricity markets of the future. The respondents were European electricity market specialists, and the themes of the survey ranged from transmission networks and electricity trade to demand flexibility. One of the key findings was shared concern over the adequacy of transmission network capacity in Europe. It was considered that technical issues, such as existing transmission network bottlenecks, are most likely to form obstacles to creating common European electricity markets if new capacity is not built quickly enough. It was seen by the panellists that electricity trading arrangements, whilst important, are unlikely to form a barrier to the development of an internal electricity market. It was noted that electricity trading issues have recently been the subject of development work in the EU. - Highlights: ► The internal electricity market is a priority of the European Union. ► The Delphi method was used to study competition in the European electricity markets. ► The congested grid hampers the development of internal electricity markets in Europe. ► The significance of a transmission network will be emphasised in the future. ► Electricity trading arrangements are likely to be solved.

  20. Electric utilities and the demand for natural gas

    Energy Technology Data Exchange (ETDEWEB)

    Uri, N D; Atkinson, S

    1976-03-01

    The scarcity of natural gas has given rise to a series of priorities of deliveries based on end use and drafted by the Federal Power Commission. The U.S. Supreme Court, on June 7, 1972, held that the Commission has jurisdiction over curtailments in the service of gas in interstate commerce to both resale and direct industrial customers. This decision reversed a Fifth Circuit Court ruling that protected direct industrial customers from curtailments. The FPC priority curtailments are classed from 1 to 9, for which electric utilities are concentrated in classes 4 to 9. As weather conditions become more severe, not only do the residential and commercial consumers demand more electrical energy, they also demand more natural gas. The result is that there is less natural gas available for electric utilities to use for generation so they change to an alternative fuel. A demand model for the short term for natural gas for electric utilities is given; primary factors involve the price of natural gas, the prices of substitute fuels, and the demand for electrical energy by the various consumer classes. (MCW)

  1. Utilization of hydrogen gas production for electricity generation in ...

    African Journals Online (AJOL)

    Utilization of hydrogen gas production for electricity generation in fuel cell by Enterobacter aerogenes ADH 43 with many kinds of carbon sources in batch stirred tank reactor. MA Rachman, LD Eniya, Y Liasari, MM Nasef, A Ahmad, H Saidi ...

  2. Sizing Analysis for Aircraft Utilizing Hybrid-Electric Propulsion Systems

    Science.gov (United States)

    2011-03-18

    world, the paragon of animals -William Shakespeare I would not have made it this far without the love and support of my parents. Their work-ethic...xiii  I.  Introduction ...Condition 1 SIZING ANALYSIS FOR AIRCRAFT UTILIZING HYBRID- ELECTRIC PROPULSION SYSTEMS I. Introduction 1. Background Physically

  3. Coordinated emergency response in a competitive electricity market

    Energy Technology Data Exchange (ETDEWEB)

    Brindley, S. [Independent Electricity Market Operator, Toronto, ON (Canada)

    2002-07-01

    The Ontario Electricity Act and the Market Rules oblige electricity market participants to prepare and submit emergency plans to ensure the safe and reliable operation of the power system. Security and emergency preparedness includes emergency planning, drills and exercises, and critical infrastructure protection. The risk of power disruption is credible and the impact is large, as witnessed by the 1998 ice storm in eastern Ontario which resulted in major power outages, and as witnessed by the events of September 11, 2001. The emergency control actions that manage power system contingencies include recalling planned outages, reducing interchanges, increasing reserves, reducing voltage, purchasing emergency energy, and load shedding. Restoration priorities are to first restore power to critical transmission and generating station service loads, then to restore critical telecom facilities. This is followed by the restoration of customer loads only to the extent needed to control voltage and secure generating units. The final priority is to interconnect neighbours. The North American Electric Reliability Council (NERC) was established following the major 1965 blackout. NERC developed operational reliability standards and monitored compliance. A map depicting NERC regions and control areas in the US was presented. In Canada, the Canadian Electricity Association (CEA) addresses issues regarding critical infrastructure protection (CIP). It safeguards the essential components of the electricity infrastructure against physical and cyber threats through early warning systems and information sharing. 9 figs.

  4. Competition in the electricity supply industry. Experiences from Europe and the United States

    International Nuclear Information System (INIS)

    Olsen, O.J.

    1995-01-01

    Introducing competition in the electricity industry is a major social experiment. Historically, the industry has been heavily regulated, however, this is no longer the case. Production and sales are being opened for competition and separated from the network services, transmission and distribution. This book includes papers from a Nordic Conference held in September 1994 in Copenhagen. The conference was planned as a part of the Energy Research Programme under the Nordic Council of Ministers and the object was to discuss the Nordic experience of competition in the electricity industry in comparison with other Western countries. The U.K. was the first European country to introduce competition in its electricity industry. Norway came next and two other Nordic countries - Sweden and Finland - have decided to follow suit. The U.S. started earlier than the European countries opening for limited competition in power production. However, the background of the reforms and its approach in the U.S. is different from Europe and far less radical. The experience of two Central European countries - Germany and The Netherlands - is also included in this book. Both countries have many institutional similarities to the Nordic countries, but they are - together with Denmark - more hesitant about introducing competition in their electricity industries. (au)

  5. Competition, regulation, and energy efficiency options in the electricity sector: Opportunities and challenges in developing countries

    Science.gov (United States)

    Phadke, Amol Anant

    This dissertation explores issues related to competition in and regulation of electricity sectors in developing countries on the backdrop of fundamental reforms in their electricity sectors. In most cases, electricity sector reforms promoted privatization based on the rationale that it will lower prices and improve quality. In Chapter 2, I analyze this rationale by examining the stated capital cost of independent (private) power producer's (IPPs) power projects in eight developing countries and find that the stated capital cost of projects selected via competitive bidding is on an average about 40% to 60% lower than that of the projects selected via negotiations, which, I argue, represents the extent to which the costs of negotiated projects are overstated. My results indicate that the policy of promoting private sector without an adequate focus on improving competition or regulation has not worked in most cases in terms of getting competitively priced private sector projects. Given the importance of facilitating effective competition or regulation, In Chapter 3, I examine the challenges and opportunities of establishing a competitive wholesale electricity market in a developing country context. I model a potential wholesale electricity market in Maharashtra (MH) state, India and find that it would be robustly competitive even in a situation of up-to five percent of supply shortage, when opportunities for demand response are combined with policies such as divestiture and requiring long-term contracts. My results indicate that with appropriate policies, some developing countries could establish competitive wholesale electricity markets. In Chapter 4, I focus on the demand side and analyze the cost effectiveness of improving end-use efficiency in an electricity sector with subsidized tariffs and electricity shortages and show that they offer the least expensive way of reducing shortages in Maharashtra State, India. In Chapter 5, I examine the costs of reducing carbon

  6. Operation of Modern Distribution Power Systems in Competitive Electricity Markets

    DEFF Research Database (Denmark)

    Hu, Weihao

    , DG units, loads and electricity price are studied. Further, the effect of energy storage systems will be considered, and an optimal operation strategy for energy storage devices in a large scale wind power system in the electricity market is proposed. The western Danish power system, which has large...... strategy for trading wind power in the Danish short-term electricity market in order to minimize the imbalance costs for regulation. A load optimization method based on spot price for demand side management in Denmark is proposed in order to save the energy costs for 3 types of typical Danish consumers...... maximum profit of the BESS is proposed. Two kinds of BESS, based on polysulfide-bromine (PSB) and vanadium redox (VRB) battery technologies, are studied. Optimal operation strategies of PEV in the spot market are then proposed in order to decrease the energy cost for PEV owners. Furthermore...

  7. Consumer's Guide to the economics of electric-utility ratemaking

    Energy Technology Data Exchange (ETDEWEB)

    1980-05-01

    This guide deals primarily with the economics of electric utilities, although certain legal and organizational aspects of utilities are discussed. Each of the seven chapters addresses a particular facet of public-utility ratemaking. Chapter One contains a discussion of the evolution of the public-utility concept, as well as the legal and economic justification for public utilities. The second chapter sets forth an analytical economic model which provides the basis for the next four chapters. These chapters contain a detailed examination of total operating costs, the rate base, the rate of return, and the rate structure. The final chapter discusses a number of current issues regarding electric utilities, mainly factors related to fuel-adjustment costs, advertising, taxes, construction work in progress, and lifeline rates. Some of the examples used in the Guide are from particular states, such as Illinois and California. These examples are used to illustrate specific points. Consumers in other states can generalize them to their states and not change the meaning or significance of the points. 27 references, 8 tables.

  8. An analysis of electric utility embedded power supply costs

    International Nuclear Information System (INIS)

    Kahal, M.; Brown, D.

    1998-01-01

    There is little doubt that for the vast majority of electric utilities the embedded costs of power supply exceed market prices, giving rise to the stranded cost problem. Beyond that simple generalization, there are a number of crucial questions, which this study attempts to answer. What are the regional patterns of embedded cost differences? To what extent is the cost problem attributable to nuclear power? How does the cost of purchased power compare to the cost of utility self-generation? What is the breakdown of utility embedded generation costs between operating costs - which are potentially avoidable--and ownership costs, which by definition are ''sunk'' and therefore not avoidable? How will embedded generation costs and market prices compare over time? These are the crucial questions for states as they address retail-restructuring proposal. This study presents an analysis of generation costs, which addresses these key questions. A computerized costing model was developed and applied using FERC Form 1 data for 1995. The model analyzed embedded power supply costs (i.e.; self-generation plus purchased power) for two groups of investor-owned utilities, 49 non-nuclear vs. 63 nuclear. These two subsamples represent substantially the entire US investor-owned electric utility industry. For each utility, embedded cost is estimated both at busbar and at meter

  9. Possibilities and Barriers for Energy Conservation in a Liberalised Electricity Market: Danish Utility Experiences

    DEFF Research Database (Denmark)

    Meyer, Niels I

    1999-01-01

    Liberalisation of energy markets in Europe is in progress. The expressed goal is to promote efficiency through commercial competition, with lower energy prices for consumers as a consequence. This priority raises some complex questions in relation to the desire of creating a sustainable energy...... a sustainable energy development in efficiency and energy conservation. The electric utilities play an important role in this relation, but their priority is of commercial nature rather than concern for the environment. This dilemma is analyzed in more detail in the paper....

  10. Superconducting magnetic energy storage for electric utility load leveling: A study of cost vs. stored energy

    International Nuclear Information System (INIS)

    Luongo, C.A.; Loyd, R.J.

    1987-01-01

    Superconducting Magnetic Energy Storage (SMES) is a promising technology for electric utility load leveling. This paper presents the results of a study to establish the capital cost of SMES as a function of stored energy. Energy-related coil cost and total installed plant cost are given for construction in nominal soil and in competent rock. Economic comparisons are made between SMES and other storage technologies and peaking gas turbines. SMES is projected to be competitive at stored energies as low as 1000 MWh

  11. Impact of Federal tax policy and electric utility rate schedules upon the solar building/electric utility interface. Executive summary

    Energy Technology Data Exchange (ETDEWEB)

    Feldman, S.L.; Wirtshafter, R.M.; Abrash, M.; Anderson, B.; Sullivan, P.; Kohler, J.

    1978-10-01

    An analysis is performed to show that a utility solar-passive strategy can be used rather effectively in aiding the utility to obtain more efficient load factors and lower costs. The objectives are to determine the impact of active and passive solar energy designs for space conditioning and hot water heating for the residential sector upon the diurnal and annual load curves for several utilities, to assess the effect of present utility pricing policies, and to examine alternative pricing schemes, as well as Federal and state tax credits, as they may affect the optimal sizing and configuration of active solar and passive solar building components. The methodology, the systems model, an overall building design, building cost determination, and a description of TRNSYS are presented. The major parameters discussed that distinguish variation in the cost-effectiveness of particular building design fall into 5 categories: the weather, building configurations, building costs, utility costs and rates, and financial parameters (inclusive of tax credits for solar and energy conservation investment). Five utilities are studied: Colorado Springs Department of Public Utilities; Public Service Co. of New Mexico; New England Electric System; Pacific Gas and Electric; and Georgia Power Co.

  12. The impact of competitive bidding on the market prospects for renewable electric technologies

    Energy Technology Data Exchange (ETDEWEB)

    Swezey, B G

    1993-09-01

    This report examines issues regarding the ability of renewable-energy-based generation projects to compete fossil-fuel-based projects in competitive bidding solicitations. State and utility bidding results revealed that on a relative basis, utilities contract for less renewable-energy-based capacity under competitive bidding than under past methods of qualifying facility contracting. It was concluded that renewables are not being chosen more often under competitive bidding because it emphasizes price and operating considerations over other attributes of renewables, such as environmental considerations, fuel diversity, and fuel price stability. Examples are given of bidding approaches used by some states and utilities that have resulted in renewables-based projects winning generation bids. In addition, the appendix summarizes, by state, competitive bidding activities and results for supply-side solicitations that were open to all fuels and technologies.

  13. DEA and dynamic yardstick competition in scandinavian electricity distribution

    DEFF Research Database (Denmark)

    Agrell, Per J.; Bogetoft, Peter; Tind, Jørgen

    2005-01-01

    Multi-period multi-product regulatory schemes for electricity distributors are presented, based on cost information from a productivity analysis model and an agency theoretical decision model. The proposed schemes are operational and demonstrate considerable advantages compared to the popular CPI...

  14. Market readiness update : updated status of preparations for Ontario's competitive retail electricity market

    International Nuclear Information System (INIS)

    2002-01-01

    The Market Readiness Project Team of the Ontario Energy Board (OEB) is instrumental in ensuring the readiness of retail participants in Ontario's competitive electricity market. The team, led by the Independent Electricity Market Operator (IMO), provides information and advice regarding the technical readiness of the retail industry, with particular focus on the readiness of distributors to carry out their roles in a competitive market. This report provides an assessment of the team regarding the industry's technical readiness based on information as of April 24, 2002. In January 2002, the Ontario Government announced that it would open the electricity industry to competition on May 1, 2002. 54 of Ontario's 94 licensed electricity distributors claimed they were ready to offer retail choice by May 1. As of March 2002, about 858,000 customers (or 20 per cent of Ontario's 4.2 million customers) had signed a retail electricity contract with one of 9 active electricity retailers. By April 2002, 73 distributors, representing 93 per cent of Ontario's customers signed a contract with a retailer. Those customers who choose not to sign a contract will continue to receive service from their distributor but at energy prices set hourly by the IMO. It is expected that after May 1, the transition to a competitive market will proceed for several weeks as distributors progress through their billing cycles. 7 tabs., 2 figs

  15. Competition on the weg: Product strategies of German utilities; Wettbewerb per Internet. Produktstrategien deutscher Stromversorger

    Energy Technology Data Exchange (ETDEWEB)

    Franke-Ewald, Andreas [Ernst und Young AG, Duesseldorf (Germany)

    2009-01-15

    Deregulation and regulation of the energy markets pose enormous challenges to German utilities. Further, consumer consultants and internet portals make it easier for consumers to find the best buy, which in turn enhances competition. An attractive online representation makes it possible for utilities to acquire new customers and satisfy regular ones. A current study analysed the web pages of German utilities with the intention to get a picture of the innovative capacity of the product range on offer to private customers. It was found that there is still vast room for improvement. (orig.)

  16. Electric system reliability considerations in a changing utility environment

    International Nuclear Information System (INIS)

    Kramer, R.A.

    1991-01-01

    The utility industry is presently experiencing a number of diverse factors which may alter the way that it operates and in many cases the way in which it is configured. These factors reflect a variety of circumstances including increased competitive pressures and political perception. While many of these changes may result in long term economic and service benefits to the industry and customer alike, it is important to recognize the desirability of orderly change. There is need to implement change in a reasoned manner. In this paper technical as well as economic and political considerations are addressed

  17. Efficiency evaluation of the state owned electric utilities in India

    International Nuclear Information System (INIS)

    Thakur, Tripta; Deshmukh, S.G.; Kaushik, S.C.

    2006-01-01

    This paper presents a framework for accessing comparative efficiencies of Indian State Owned Electric Utilities (SOEU), which have been mainly responsible for the generation, distribution and transmission of electricity in India. Performance of 26 utilities was evaluated using the non-parametric technique of Data Envelopment Analysis (DEA), and the impact of scale on the efficiency scores was also evaluated. The results indicate that the performance of several SOEUs is sub-optimal, suggesting the potential for significant cost reductions. Separate benchmarks were derived for possible reductions in employees' number, and the results indicate that several utilities deploy a much larger number of employees than that required by a best practice utility, and significant savings are possible on this account. It was also found that the bigger utilities display greater inefficiencies and have distinct scale inefficiencies. Exploiting scale efficiencies by suitable restructuring and unbundling of SOEUs are therefore crucial measures that may foster efficiencies in the SOEUs. The paper discusses these results in the context of related policy issues

  18. Heuristic procedures for transmission planning in competitive electricity markets

    International Nuclear Information System (INIS)

    Lu, Wene; Bompard, Ettore; Napoli, Roberto; Jiang, Xiuchen

    2007-01-01

    The network structure of the power system, in an electricity market under the pool model, may have severe impacts on market performance, reducing market efficiency considerably, especially when producers bid strategically. In this context network re-enforcement plays a major role and proper strategies of transmission planning need to be devised. This paper presents, for pool-model electricity markets, two heuristic procedures to select the most effective subset of lines that would reduce the impacts on the market, from a set of predefined candidate lines and within the allowed budget for network expansion. A set of indices that account for the economic impacts of the re-enforcing of the candidate lines, both in terms of construction cost and market efficiency, are proposed and used as sensitivity indices in the heuristic procedure. The proposed methods are applied and compared with reference to an 18-bus test system. (author)

  19. Competition and monopolies, exclusive rights for electricity companies

    International Nuclear Information System (INIS)

    Taccoen, L.

    1993-01-01

    The European Community has decided to liberalize the electric power industry within the community abolishing state monopolies, and allowing third party access. This policy was based on until then untested free-market theories. The advantage of state monopoly was that it could guarantee security of supply - vital with a non-storable commodity such as electricity. The advantages of TPA were said to be that it would lower prices, and that the market would ensure security of supply. The United Kingdom experimented in deregulation and end-user choice. In this experiment long-term planning has suffered, all new power stations are gas-fired because of low capital cost, and the effects on the British coal industry have been catastrophic. Thus, the effect of TPA seems to be a switch to natural gas, and an increase in prices to domestic consumers. Further research is needed, rather than a switch to TPA based on ideology alone

  20. Financial risk management in a competitive electricity market

    International Nuclear Information System (INIS)

    Bjorgan, R.; Liu, C.C.; Lawarree, J.

    1999-01-01

    This paper proposes solutions for electricity producers in the field of financial risk management for electric energy contract evaluation. The efficient frontier is used as a tool to identify the preferred portfolio of contracts. Each portfolio has a probability density function for the profit. For important scheduling policies, closed form solutions are found for the amount of futures contracts that correspond to the efficient frontier. Production scheduling must consider resource constraints. It is found that, without resource constrains, the portfolio with the highest expected profit can be preferred--even for a risk-averse decision-maker. When resource constraints are present, portfolios not corresponding to the maximum expected profit criteria will more frequently be preferred

  1. Competition and monopolies, exclusive rights for electricity companies

    Energy Technology Data Exchange (ETDEWEB)

    Taccoen, L [Electricite de France (France)

    1993-01-01

    The European Community has decided to liberalize the electric power industry within the community abolishing state monopolies, and allowing third party access. This policy was based on until then untested free-market theories. The advantage of state monopoly was that it could guarantee security of supply - vital with a non-storable commodity such as electricity. The advantages of TPA were said to be that it would lower prices, and that the market would ensure security of supply. The United Kingdom experimented in deregulation and end-user choice. In this experiment long-term planning has suffered, all new power stations are gas-fired because of low capital cost, and the effects on the British coal industry have been catastrophic. Thus, the effect of TPA seems to be a switch to natural gas, and an increase in prices to domestic consumers. Further research is needed, rather than a switch to TPA based on ideology alone.

  2. Accelerating residential PV expansion: demand analysis for competitive electricity markets

    International Nuclear Information System (INIS)

    Duke, Richard; Williams, Robert; Payne, Adam

    2005-01-01

    This article quantifies the potential market for grid-connected, residential photovoltaic (PV) electricity integrated into new homes built in the US. It complements an earlier supply-side analysis by the authors that demonstrates the potential to reduce PV module prices below $1.5/W p by scaling up existing thin-film technology in 100 MW p /yr manufacturing facilities. The present article demonstrates that, at that price, PV modules may be cost effective in 125,000 new home installations per year (0.5 GW p /yr). While this market is large enough to support multiple scaled up thin-film PV factories, inefficient energy pricing and demand-side market failures will inhibit prospective PV consumers without strong public policy support. Net metering rules, already implemented in many states to encourage PV market launch, represent a crude but reasonable surrogate for efficient electricity pricing mechanisms that may ultimately emerge to internalize the externality benefits of PV. These public benefits include reduced air pollution damages (estimated costs of damage to human health from fossil fuel power plants are presented in Appendix A), deferral of transmission and distribution capital expenditures, reduced exposure to fossil fuel price risks, and increased electricity system reliability for end users. Thus, net metering for PV ought to be implemented as broadly as possible and sustained until efficient pricing is in place. Complementary PV 'buydowns' (e.g., a renewable portfolio standard with a specific PV requirement) are needed to jumpstart regional PV markets

  3. Electricity distribution industry restructuring, electrification, and competition in South Africa

    International Nuclear Information System (INIS)

    Galen, P.S.

    1997-07-01

    This paper reviews the status of the South African electricity supply industry (ESI) and proposals for reorienting and restructuring it. South Africa has been intensely examining its ESI for more than 4 years in an effort to determine whether and how it should be restructured to best support the country's new economic development and social upliftment goals. The debate has been spirited and inclusive of most ESI stakeholders. The demands on and expectations for the ESI are many and varied. The debate has reflected this diversity of interests and views. In essence, however, there is a consensus on what is expected of the industry, namely, to extend provision of adequate, reliable, and affordable electricity service to all citizens and segments of the economy. This means a large-scale electrification program to reach as many of the nearly 50% of households currently without electricity service as soon as possible, tariff reform to promote equity and efficiency, and the upgrading of service quality now being provided by some of the newly consolidated municipal authorities. The issues involved are how best to achieve these results within the context of the national Reconstruction and Development Program, while accounting for time and resource constraints and balancing the interests of the various parties

  4. Accelerating residential PV expansion: supply analysis for competitive electricity markets

    International Nuclear Information System (INIS)

    Payne, Adam; Williams, Robert H.; Duke, Richard

    2001-01-01

    Photovoltaic (PV) technology is now sufficiently advanced that market support mechanisms such as net metering plus a renewable portfolio standard (RPS) could induce rapid PV market growth in grid-connected applications. With such support mechanisms, markets would be sufficiently large that manufacturers could profitably build and operate 100 MW p /yr PV module factories, and electricity costs for residential rooftop PV systems would compare favorably with residential electricity prices in certain areas (e.g., California and the greater New York region in the US). This prospect is illustrated by economic and market analyses for one promising technology (amorphous silicon thin-film PV) from the perspectives of both module manufacturers and buyers of new homes with rooftop PV systems. With public policies that reflect the distributed and environmental benefits offered by PV-and that can sustain domestic PV market demand growth at three times the historical growth rate for a period of the order of two decades - PV could provide 3% of total US electricity supply by 2025. (Author)

  5. Competition in European electricity markets: a cross-country comparison

    International Nuclear Information System (INIS)

    Glachant, J.-M.; Finon, D.

    2003-01-01

    In 1988, the European Commission floated the idea of liberalising the power sector as the key to improving competition and creating jobs in Western Europe, and many reforms have taken place since then. This book examines and evaluates those changes drawing on 12 specific countries. An introductory chapter presents an overview of the typology of institutional structure, approaches to reform, industrial response and progress. The heart of the book looks at three separate areas, viz. the northerners, western-central, and southern and Latin Europe. A dozen chapters by 21 writers present an analysis of the issues faced in dealing with the reforms. The book discusses price convergence and why this cannot be forced. Both practical and academic perspectives are dealt with

  6. Competition and network expansion in the electricity market: an analysis of producers' strategic behavior

    International Nuclear Information System (INIS)

    Fumagalli, Elena; Garrone, Paola; Internullo, Marco

    2006-01-01

    Expansion of the transmission capacity is ODe of the most efficient means of enhancing competition in electricity markets. The issue is extremely relevant far the Italian electricity market, where competition in generation has not Jet been achieved. In order to study the effects on competition of a network expansion project, a description of the influence of transmission constraints on the strategic behavior of generators is necessary. The problem was addressed in the literature far a limited number only of simplified models. This work presents an original methodology (MIXEL), based on non-cooperative game theory, far the study of a rather broad set of electricity market models. The case study illustrated in this article, shows that the effects on competition of an expansion of the network is not always positive (or as positive) as expected, given the cases illustrated in the literature. The effects on competition vary with the market structure, the ratio between demand and supply and, above all, the size of the transmission capacity expansion. For these reasons, policy provisions mandating or encouraging expansion of the transmission system with the objective of promoting competition, should take into careful consideration the underlying market structure; in a similar way, provision encouraging divestiture of generation capacity should take into account the effects of the network [it

  7. Rent dissipation through electricity prices of publicly owned utilities

    International Nuclear Information System (INIS)

    Bernard, J-T.; Roland, M.

    1997-01-01

    Pricing policies of Canadian public utilities were examined. It was shown that under the existing set of rules the prices established are frequently below the marginal cost. This appears to be particularly true in the case of provinces that rely principally on hydroelectric resources. Study recommendations to bring electricity prices in line with marginal costs have had little success to date despite overwhelming evidence of large economic losses associated with the current institutional arrangements. This situation remains at the same time that governments apply high tax rates on incomes. By putting together two strands of economic literature, public choice and the theory of public utility pricing, this paper develops a simple model that explains why the median consumer prefers a low electricity price and a high tax rate. Hydro-Quebec survey data is used to confirm that these conditions are satisfied in Quebec. 17 refs., 1 tab

  8. Did residential electricity rates fall after retail competition? A dynamic panel analysis

    International Nuclear Information System (INIS)

    Swadley, Adam; Yücel, Mine

    2011-01-01

    A key selling point for the restructuring of electricity markets was the promise of lower prices. There is not much consensus in earlier studies on the effects of electricity deregulation in the U.S., particularly for residential customers. Part of the reason for not finding a consistent link with deregulation and lower prices was that the removal of transitional price caps led to higher prices. In addition, the timing of the removal of price caps coincided with rising fuel prices, which were passed on to consumers in a competitive market. Using a dynamic panel model, we analyze the effect of participation rates, fuel costs, market size, a rate cap and switch to competition for 16 states and the District of Columbia. We find that an increase in participation rates, price controls, a larger market, and high shares of hydro in electricity generation lower retail prices, while increases in natural gas and coal prices increase rates. We also find that retail competition makes the market more efficient by lowering the markup of retail prices over wholesale costs. The effects of a competitive retail electricity market are mixed across states, but generally appear to lower prices in states with high participation rates. - Highlights: ► We analyze the effects of retail competition in electricity markets on residential retail prices. ► Analysis carried out using a dynamic panel model; monthly data for 17 U.S. states. ► More customer participation and larger market lead to lower prices. ► Higher fuel costs increase retail prices, but with a lag. ► Retail competition leads to a more efficient electricity market.

  9. The role of coal in the US energy economy: Interfuel competition, environmental concerns, and the impact of utility restructuring

    International Nuclear Information System (INIS)

    Raschke, M.G.

    1988-01-01

    This paper briefly examines the role coal plays in the US energy economy and its competition with nuclear power, and then in greater detail the impact of environmental regulation, changes in utility regulation, and inter fuel competition on the future of coal. The US as the world's number two coal producer, shares many of the same problems and concerns as China, the world's number one coal producer. The use of coal in electric generation has been and will continue to be the only growth sector for the coal industry. The steel industry remains in permanent long-term decline. Forecasts vary, but there are indications that even in conservative forecasts, there is more down side risk than upside potential. Poor performance in the nuclear power sector can be expected to favorably impact coal consumption in the long term. Continued escalation of operating costs could erode any cost advantage that nuclear plants currently enjoy. However, environmental concerns could also escalate operating costs for coal fired plants. Also, concern over the greenhouse effect may lead policy makers to reexamine the nuclear option of inherently safe reactors. The greatest challenge to expanded use of coal comes from environmental concerns. Acid rain is a complex political, economic, and scientific issue. Clean coal technologies are seen by many as the answer to the threat posed by various forms of clean air legislation and regulation. Significant changes in the regulatory environment for electric and gas utilities and technological developments are likely in the 1990's to alter the nature of the electric generation industry

  10. The effects of competitive electricity supply in the UK on metering equipment

    International Nuclear Information System (INIS)

    Dick, A.

    1996-01-01

    Requirements for metering of competitive supply, following privatisation of the UK Electricity Industry in 1989, have driven the design of metering equipment in a way which was not foreseen at that time. Metering equipment used for implementing the competitive market so far has been designed to new uniform national specifications and has used commercially available communications systems to automatically collect data. In order to implement full competition down to the domestic level as from 1998, a new approach is thought to be necessary. The major influences on meter design, equipment now being used, are described, future equipment and communications options, are considered. (author)

  11. How EPRI [Electric Power Research Institute] helps utilities save money

    International Nuclear Information System (INIS)

    Anon.

    1996-01-01

    A number of case studies are presented which illustrate how the work of the Electric Power Research Institute in the USA has enabled nuclear utilities to save money. The areas covered by the examples are: steam generator tube repair; streamlining of reliability centred maintenance; cost effective instrumentation and control maintenance; reducing the frequency of instrument calibration; optimising the engineering change process; detecting and reducing fuel failure; extending the qualified life of equipment. (U.K.)

  12. Assessing Residential Customer Satisfaction for Large Electric Utilities

    OpenAIRE

    Lea Kosnik; L. Douglas Smith; Satish Nayak; Maureen Karig; Mark Konya; Kristy Lovett; Zhennan Liu; Harrison Luvai

    2015-01-01

    Electric utilities, like other service organizations, rely on customer surveys to assess the quality of their services and customer relations. With responses to an in-depth survey of 2,216 residential customers, complementary data from geo-coded public sources, aggregate assessments of performance by J.D. Power & Associates from their independent surveys, historical records of individual customer usage and bill payments, streams of published media content and records of actual service deliver...

  13. Repeated regulatory failures: British electric utilities, 1919--1937

    Science.gov (United States)

    van der Werf, Ysbrand John

    This dissertation uses previously unexamined firm-level data to look at British electric utilities during the 1919--1937 period. The persistent influence of the 1882 and 1888 Electric Lighting Acts had a significant role in perpetuating the inefficient market structure and high costs of the industry. First, I examine factors that influence costs in 1919 and compare the relative cost efficiency of municipally-owned and investor-owned utilities (munis and IOUs). Scale and load factor are found to be more important than ownership in influencing costs, although IOUs enjoy a scale advantage. Given costs, there is no difference in prices between IOUs and munis, and on average prices were 20 percent below monopoly prices. Looking at the 1919--1928 period and examining changes in the industry as measured by the firms' choices in frequency, current, and interconnections with other utilities shows evidence for a great deal of change, which occurred in statistically predictable ways. Utilities are standardizing the type of current produced, and the eventual localized standard frequencies were selected by 1907. There is little in the way of market rivalry between mum's and IOUs but large munis are less likely to build networks and sell in the wholesale market. Finally, I compare the changes that occurred during the 1919--1928 period, under the weak intervention of the Electricity Commissioners, with those of the 1928--1937 period, under the strong intervention of the Central Electricity Board. Without the CEB localized frequency standards would likely have remained in place. The CEB intervened directly in the wholesale market, but contrary to common perceptions, this strong intervention had relatively little impact on trends observed in the industry under the weak intervention of the 1919--1928 period: the CEB reduced prices and costs by no more than about 15 percent and was responsible for at most a quarter of their decline during the 1928--37 period.

  14. The effect of counter-trading on competition in electricity markets

    International Nuclear Information System (INIS)

    Dijk, Justin; Willems, Bert

    2011-01-01

    In a competitive electricity market, nodal pricing is the most efficient way to manage congestion. Counter-trading is inefficient as it gives the wrong long term signals for entry and exit of power plants. However, in a non-competitive market, additional entry will improve the competitiveness of the market, and will increase social benefit by reducing price-cost margins. This paper studies whether the potential pro-competitive entry effects could make counter-trading more efficient than nodal pricing. We find that this is unlikely to be the case, and expect counter-trading to have a negative effect on overall welfare. The potential benefits of additional competition (more competitive prices and lower production cost) do not outweigh the distortions (additional investment cost for the entrant, and socialization of the congestion cost to final consumers). - Research highlights: → 'Counter-trading' and 'nodal pricing' manage congestion in electric grids. → Nodal pricing gives superior locational prices. → Counter-trading induces extra investments in regions with a production surplus. → Extra investments improve competition, but are expected to be socially inefficient.

  15. Liberalisation and green patent registrations of electric utilities in Europe

    International Nuclear Information System (INIS)

    Salies, Evens; Nesta, Lionel

    2010-10-01

    The authors report a study of the influence of reforms which introduce a liberalisation of energy markets on the innovation behaviour of electric utilities in some countries. Within a context of concentration of this sector, the hypothesis of a negative impact on patent registration by electric utilities is tested by the authors. They first define the notion of environmental innovation and its evolution in the electric energy sector as the climate and environment issues are nowadays extremely important for the energy sector. R and D here addresses micro-generation, fuel cells, tidal turbine systems, energy production by using solar energy, and biomass gasification. They discuss numbers of pattern registrations by European utilities before and after laws on energy market reform. They present an econometric model and data used to test the hypothesis and comment the obtained results. The model comprises a knowledge production function, and various explicative variables (firm size and R and D, reforms, technological opportunities, energy mix, and influence of demand)

  16. Micro-economic analysis of the physical constrained markets: game theory application to competitive electricity markets

    Science.gov (United States)

    Bompard, E.; Ma, Y. C.; Ragazzi, E.

    2006-03-01

    Competition has been introduced in the electricity markets with the goal of reducing prices and improving efficiency. The basic idea which stays behind this choice is that, in competitive markets, a greater quantity of the good is exchanged at a lower price, leading to higher market efficiency. Electricity markets are pretty different from other commodities mainly due to the physical constraints related to the network structure that may impact the market performance. The network structure of the system on which the economic transactions need to be undertaken poses strict physical and operational constraints. Strategic interactions among producers that game the market with the objective of maximizing their producer surplus must be taken into account when modeling competitive electricity markets. The physical constraints, specific of the electricity markets, provide additional opportunity of gaming to the market players. Game theory provides a tool to model such a context. This paper discussed the application of game theory to physical constrained electricity markets with the goal of providing tools for assessing the market performance and pinpointing the critical network constraints that may impact the market efficiency. The basic models of game theory specifically designed to represent the electricity markets will be presented. IEEE30 bus test system of the constrained electricity market will be discussed to show the network impacts on the market performances in presence of strategic bidding behavior of the producers.

  17. Micro-economic analysis of the physical constrained markets: game theory application to competitive electricity markets

    Energy Technology Data Exchange (ETDEWEB)

    Bompard, E.; Ma, Y.C. [Politecnico di Torino, Dept. of Electrical Engineering, Torino (Italy); Ragazzi, E. [CERIS, Institute for Economic Research on Firms and Growth, CNR, National Research Council, Moncalieri, TO (Italy)

    2006-03-15

    Competition has been introduced in the electricity markets with the goal of reducing prices and improving efficiency. The basic idea which stays behind this choice is that, in competitive markets, a greater quantity of the good is exchanged at a lower price, leading to higher market efficiency. Electricity markets are pretty different from other commodities mainly due to the physical constraints related to the network structure that may impact the market performance. The network structure of the system on which the economic transactions needs to be undertaken poses strict physical and operational constraints. Strategic interactions among producers that game the market with the objective of maximizing their producer surplus must be taken into account when modeling competitive electricity markets. The physical constraints, specific of the electricity markets, provide additional opportunity of gaming to the market players. Game theory provides a tool to model such a context. This paper discussed the application of game theory to physical constrained electricity markets with the goal of providing tools for assessing the market performance and pinpointing the critical network constraints that may impact the market efficiency. The basic models of game theory specifically designed to represent the electricity markets will be presented. IEEE30 bus test system of the constrained electricity market will be discussed to show the network impacts on the market performances in presence of strategic bidding behavior of the producers. (authors)

  18. The liberalization of the electricity market in Austria aspects of competition and deregulation

    International Nuclear Information System (INIS)

    Lausegger, S.

    2001-05-01

    The subject of the thesis is the deregulation of the Austrian electricity market. It starts with an introduction in the historical background of the legal basis, which until 1998 had been determined exclusively by national law. The main fields of interest in this chapter lay within the federal nature of Austrian electricity law. The next chapter deals with electricity in European Community law, it focuses on the fundamental freedoms of the Treaty on one hand and the Directive 96/92 on Common Provisions for the Electricity Markets on the other. On the basis of this introduction, the Austrian National Electricity Law (e.g. the 'Elektrizitaewirtschafts- und -organisationsgesetz 1998' and the 'Energieliberalisierungsgesetz 2000') has to be assessed. It can be shown that the transformation of Community Law has only partly been successful. Only on the basis of this national and European regulatory framework, an evaluation of the current situation is made according to the principles of competition law (e.g. horizontal agreements, abuse of market power, merger control, state aid). Either national and Community competition law is being discussed, as Community competition law also applies to competition restrictions that are caused by state action. The Austrian way of furthering renewable energies can be named as an example for an insufficient transformation. The last chapter focuses on various aspects of contract law in the deregulated market. Finally, a short summary presents the academic results of the thesis. (author)

  19. Competition in electricity markets: international experience and the case of Italy

    International Nuclear Information System (INIS)

    Ferrari, A.; Giulietti, M.

    2005-01-01

    As a result of European Directives 96/92 and 2003/54 on the liberalisation of the internal market for electricity, the Italian electricity sector has been subject to extensive institutional changes which have affected the competitive nature of the market. In this paper we attempt to assess the likely effect of these institutional changes on the Italian electricity industry, and focus particularly on the impact of the introduction of a centralised wholesale market. The assessment of the likely impact of these institutional changes is based on the comparison with the international experience of countries where extensive liberalisation measures have been implemented (such as the US, UK and the Scandinavian region). On the basis of this international comparison, we draw some lessons about how to promote effective competition in the Italian market and in other electricity markets which have not been fully liberalised. (Author)

  20. The prerequisite for competition in the restructured wholesale Saudi electricity market

    International Nuclear Information System (INIS)

    Al-Muhawesh, Tareq A.; Qamber, Isa S.

    2008-01-01

    Protection of customers against monopoly is the first and main objective of the Saudi Electricity and Co-generation Regulatory Authority (ECRA). The second important objective, as recommended by the present study, is regulating natural monopoly businesses [Saudi electricity national grid (SENG) and Saudi electricity distribution (SED)] in addition to promoting real competition in competitive businesses [power supply providers (PSPs) and customer service providers (CSPs)]. Another four main objectives of ECRA are to promote the efficient use of energy and natural resources, to ensure a reasonable rate of return for PSPs and CSPs and at the same time to be fair to end-users, to ensure reasonable charges to SENG and SED services to be adequate for them to run the organization in a break-even manner and to maintain the system's security and reliability. The present paper discusses the way to improve and restructure the Saudi electricity market

  1. Energy economics: impacts on electric utilities' future decisions

    International Nuclear Information System (INIS)

    Smith, S.H.

    1983-01-01

    Despite financial and regulatory pressures that have led electric utilities to slow construction and minimize capital expenditures, Carolina Power and Light Company is proceeding with two new nuclear and two new coal facilities because it believes the commitment to expand must be made in the 1980s. The economic slowdown has given utilities a breathing period, but not enough to allow a complete stop in expansion if the utilities are to be ready for the expected economic growth of the 1990s. Financing this expansion is a slower process for regulated industries and leads to strained relations between customers and suppliers. The two can work together to promote conservation and load management, but higher rates must finance new construction to avoid a shortfall later. The costs of environmentally sound coal combustion and nuclear plant construction must both be reduced to help keep the recovery from being inflationary

  2. Parametric utility comparison of coal and nuclear electricity generation

    International Nuclear Information System (INIS)

    Maurer, K.M.

    1977-02-01

    The advantages and limitations of an explicit quantitative model for decision making are discussed. Several different quantitative models are presented, noting that the use of an expected utility maximization decision rule allows both the direct incorporation of multidimensional descriptions of the possible outcomes, and considerations of risk averse behavior. A broad class of utility functions, characterized by linear risk tolerance, was considered and extended to a multidimensional form. Choosing a multivariate risk neutral extension, using constant absolute risk aversion utility functions for monetary effects and for increased mortality, the author indicated how the parameters of this utility function can be selected to represent the decision maker's preferences, and suggest a reasonable range of values for the parameters. After describing an illustrative set of data on the risks inherent in coal burning and nuclear electricity generation facilities, the author used the chosen utility model to compare the overall risks associated with each technology, observing the effect of variations in the utility parameters and in the risk distributions on the implied preferences

  3. Electrical equipment distributors assuming greater role as suppliers to electric utilities

    International Nuclear Information System (INIS)

    Anon.

    1990-01-01

    A survey was conducted of Canada's largest distributors of electrical equipment to the utility market. Summaries are presented of the views of the major respondents concerning market trends and future challenges. Distributors have emerged as a supply source to utilities over the past two decades. Before then, electric utilities did virtually all their business directly with the manufacturers and rarely with distributors. One reason for this situation was that direct dealing with manufacturers was perceived by the utilites as providing better access to technical advice. Distributors have grown significantly since then and many have their own expert technical staff and provide full support for their products. Various advantages for utilities in dealing with distributors are noted: ability to supply most needs relatively rapidly from stock, simplification of ordering, improved inventory management, and savings in brokerage and other costs associated with imported equipment

  4. Conference Proceedings: Effectively utilizing energy derivatives in a deregulated electricity market

    International Nuclear Information System (INIS)

    1998-01-01

    This conference was devoted to a discussion about the likely impacts of deregulation on electricity markets in North America. Many of the presentations emphasized price risk in a competitive open access energy market. It was noted that deregulation is frequently associated with the creation of larger companies, higher risks and lower costs. Some of the individual topics addressed by the speakers included discussion of : (1) how underlying physical markets will work in Ontario, (2) experiences in derivative trading in the natural gas industry, (3) how to create value through multiple commodity risk management products, (4) trading with energy derivatives in the U.S. (5) how derivatives can add value for municipal electrical utilities, and (6) risk management mechanisms for energy derivative trading. refs., tabs., figs

  5. Short-term electricity prices forecasting in a competitive market by a hybrid intelligent approach

    Energy Technology Data Exchange (ETDEWEB)

    Catalao, J.P.S. [Department of Electromechanical Engineering, University of Beira Interior, R. Fonte do Lameiro, 6201-001 Covilha (Portugal); Center for Innovation in Electrical and Energy Engineering, Instituto Superior Tecnico, Technical University of Lisbon, Av. Rovisco Pais, 1049-001 Lisbon (Portugal); Pousinho, H.M.I. [Department of Electromechanical Engineering, University of Beira Interior, R. Fonte do Lameiro, 6201-001 Covilha (Portugal); Mendes, V.M.F. [Department of Electrical Engineering and Automation, Instituto Superior de Engenharia de Lisboa, R. Conselheiro Emidio Navarro, 1950-062 Lisbon (Portugal)

    2011-02-15

    In this paper, a hybrid intelligent approach is proposed for short-term electricity prices forecasting in a competitive market. The proposed approach is based on the wavelet transform and a hybrid of neural networks and fuzzy logic. Results from a case study based on the electricity market of mainland Spain are presented. A thorough comparison is carried out, taking into account the results of previous publications. Conclusions are duly drawn. (author)

  6. Short-term electricity prices forecasting in a competitive market by a hybrid intelligent approach

    International Nuclear Information System (INIS)

    Catalao, J.P.S.; Pousinho, H.M.I.; Mendes, V.M.F.

    2011-01-01

    In this paper, a hybrid intelligent approach is proposed for short-term electricity prices forecasting in a competitive market. The proposed approach is based on the wavelet transform and a hybrid of neural networks and fuzzy logic. Results from a case study based on the electricity market of mainland Spain are presented. A thorough comparison is carried out, taking into account the results of previous publications. Conclusions are duly drawn. (author)

  7. Environmental regulation and competition in the U.S. electricity industry

    International Nuclear Information System (INIS)

    Peck, S.C.; Weyant, J.P.

    1990-01-01

    The structural evolution of the electric utility industry, with reference to its dynamics with environmental regulation, is described, explicitly including suppliers to the industry, the consumers of the products of the industry, and the industries that produce substitutes for the products. The structure of the industry has changed dramatically over the years 1970-1990, and is likely to continue to evolve throughout the 1990s. This evolution has resulted from changes in the milieu within which the industry operates, for example changes in fuel and capital markets, as well as federal, state and local regulations governing its activities. The environmental regulations of the 1970s have had a significant impact on the structure, behavior and performance of the industry and changes in the structure have had a feedback effect on the types of environmental regulations likely to be successful within the industry in reducing emissions of SO 2 , NOx and CO 2 . This and numerous other studies using the framework designed by Michael Porter of the Harvard Business School have demonstrated that this expanded view of competition frequently provides a much better explanation for changes in industry structure and corporate strategy than conventional analyses. 10 refs., 3 figs

  8. Competition

    NARCIS (Netherlands)

    Bridoux, F.; Vodosek, M.; Den Hartog, D.N.; McNett, J.M.

    2014-01-01

    Competition traditionally refers to the actions that firms take in a product market to outperform rivals in attracting customers and generating revenues. Yet, competition extends beyond product markets to other arenas such as factor markets, where firms compete for resources, and the political

  9. Utility emissions associated with electric and hybrid vehicle (EHV) charging

    International Nuclear Information System (INIS)

    1993-04-01

    This project is a joint effort between the US Department of Energy (DOE) and the Electric Power Research Institute (EPRI) to conduct a comprehensive, in-depth assessment of the emission impacts of electric and hybrid vehicles (EHVs). The study determines local and regional emission impacts under a variety of scenarios, covering both conservative and optimistic assumptions about vehicle efficiency, power plant efficiency, and other factors. In all scenarios, EHV use significantly reduces urban emissions of CO, VOC, and TSP. Changes in NO x and CO 2 emissions are very sensitive to average or marginal power plant emissions and vehicle efficiency assumptions. NO x and CO 2 emissions changes vary dramatically by region. Certain combinations of EHV and CV scenarios and regions result in significant reductions, while other combinations result in significant increases. Careful use of these results is advised. In all scenarios, SO 2 increases with EHV use although the amount is small-less than 1% of total utility emissions even vath the deployment of 12 million EHVS. But because of emission cap provisions of the Clean Air Act Amendments of 1990, national SO 2 totals will not be allowed to increase. Thus, utilities will have to apply more stringent measures to combat increased SO 2 emissions due to the increased use of electric vehicles

  10. Distributed energy generation techniques and the competitive fringe effect in electricity markets

    NARCIS (Netherlands)

    Mulder, Machiel; Petrikaite, Vaiva; Scholtens, Bert

    2015-01-01

    We analyse the impact of two different generation techniques used by fringe suppliers on the intensity of competition in the electricity wholesale market. For that purpose, we derive a Cournot model of this market taking into account long-term contracts, international trade and fringe suppliers

  11. Has renewable energy induced competitive behavior in the Spanish electricity market?

    International Nuclear Information System (INIS)

    Ciarreta, Aitor; Espinosa, Maria Paz; Pizarro-Irizar, Cristina

    2017-01-01

    Recent energy policy has favored a massive introduction of Renewable Energy Sources on electricity markets, which has greatly impacted their performance. First, the electricity price has decreased as a consequence of the so-called merit-order effect. Another relevant effect is associated to the intermittent nature of Renewable Energy, which has increased the cost of ancillary services. A third and important aspect, less addressed in the literature, is the induced change in the strategic behavior of the conventional electricity producers. In principle, the entry of new generators in a concentrated market would make it more competitive and change the strategic behavior of the incumbents. We test this hypothesis for the Spanish wholesale market. While we find no significant change in behavior for Nuclear, Hydropower and Coal, a change is observed in Combined Cycle bidding strategies after the entry of renewable generators. Our analysis shows that the massive entry of Renewable Energy Sources made other generators' behavior more competitive in the short run, but the effect was not persistent. - Highlights: • The indirect effects of RES affect prices in electricity markets. • RES induced little change in Nuclear, Coal and Hydropower generation. • Combined Cycle bidding strategies have evolved to adapt to the introduction of RES. • RES made Combined Cycle's behavior more competitive in the short run. • The competitive effect induced by RES is not persistent in the long run.

  12. Private capital access: a new competition dynamic on electric power generation

    International Nuclear Information System (INIS)

    Luz, A.D. da; Ribeiro, H.M.

    1990-01-01

    This paper intents to elaborate an interpretation on the market structure changes of the electric power generation sector based on Competition Pattern concept. It proposes to demonstrate that the recent institutional reformulations are not causes, but results from the economic movements. Finally a prospective scenery and the State Company perspectives on energy generation are anticipated. (author)

  13. State Performance-Based Regulation Using Multiyear Rate Plans for U.S. Electric Utilities

    Energy Technology Data Exchange (ETDEWEB)

    Lowry, Mark Newton [Pacific Economics Group Research LLC (United States); Makos, Matt [Pacific Economics Group Research LLC (United States); Deason, Jeff [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Schwartz, Lisa [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States)

    2017-07-31

    Electric utilities today must contain costs at a time when many need to modernize aging systems and all face major changes in technologies, customer preferences and competitive pressures.Most U.S. electric utility facilities are investor-owned, subject to rate and service regulation by state public utility commissions. Regulatory systems under which these utilities operate affect their performance and ability to meet these challenges. In this business environment, multiyear rate plans have some advantages over traditional rate regulation.The report focuses on key design issues and provides case studies of the multiyear rate plan approach, applicable to both vertically integrated and restructured states. Mark Newton Lowry and Matt Makos of Pacific Energy Group Research and Jeff Deason of Berkeley Lab authored the report; Lisa Schwartz, Berkeley Lab, was project manager and technical editor.The report is aimed primarily at state utility regulators and stakeholders in the state regulatory process. The multiyear rate approach also provides ideas on how to streamline oversight of public power utilities and rural electric cooperatives for their governing boards.Two key provisions of multiyear rate plans strengthen cost containment incentives and streamline regulation: 1. Reducing frequency of rate cases, typically to every four or five years 2. Using an attrition relief mechanism to escalate rates or revenue between rate cases to address cost pressures such as inflation and growth in number of customers, independently of the utility’s own cost Better utility performance can be achieved under well-designed multiyear rate plans while achieving lower regulatory costs. Benefits can be shared between utilities and their customers. But plans can be complex and involve significant changes in the regulatory system. Designing plans that stimulate utility performance without undue risk and share benefits fairly can be challenging.This report discusses the rationale for multiyear

  14. An analysis of the factors influencing demand-side management activity in the electric utility industry

    Science.gov (United States)

    Bock, Mark Joseph

    Demand-side management (DSM), defined as the "planning, implementation, and monitoring of utility activities designed to encourage consumers to modify their pattern of electricity usage, including the timing and level of electricity demand," is a relatively new concept in the U.S. electric power industry. Nevertheless, in twenty years since it was first introduced, utility expenditures on DSM programs, as well as the number of such programs, have grown rapidly. At first glance, it may seem peculiar that a firm would actively attempt to reduce demand for its primary product. There are two primary explanations as to why a utility might pursue DSM: regulatory mandate, and self-interest. The purpose of this dissertation is to determine the impact these influences have on the amount of DSM undertaken by utilities. This research is important for two reasons. First, it provides insight into whether DSM will continue to exist as competition becomes more prevalent in the industry. Secondly, it is important because no one has taken a comprehensive look at firm-level DSM activity on an industry-wide basis. The primary data set used in this dissertation is the U.S. Department of Energy's Annual Electric Utility Report, Form EIA-861, which represents the most comprehensive data set available for analyzing DSM activity in the U.S. There are four measures of DSM activity in this data set: (1) utility expenditures on DSM programs; (2) energy savings by DSM program participants; and (3) the actual and (4) the potential reductions in peak load resulting from utility DSM measures. Each is used as the dependent variable in an econometric analysis where independent variables include various utility characteristics, regulatory characteristics, and service territory and customer characteristics. In general, the results from the econometric analysis suggest that in 1993, DSM activity was primarily the result of regulatory pressure. All of the evidence suggests that if DSM continues to

  15. Comparative financial analysis of electricity utilities in West Africa

    International Nuclear Information System (INIS)

    Fritsch, Remi

    2011-01-01

    Access to electricity is a major issue in West Africa. Governments have a difficult equation to solve. They naturally seek to offer their people a cheap kWh. But they are constrained by a production based largely on oil and therefore highly volatile production costs. How to fix an acceptable tariff, taking into account the investment needs required to expand the network and increase production? This analysis should provide some answers. The study presented in this paper provides a financial analysis of electricity utilities in West Africa. It allows a comparison of performances on a number of key financial ratios related to operations (Earning Before Interest Taxes Debt and Amortization/sales, working capital requirement/sales, days of receivables or payables), investment (net fixed assets/gross fixed assets), bank financing (financial structure, debt/EBITDA, interest expense/EBITDA) and economic and financial returns (Return On Capital Employed, Return On Equity). The conclusion focuses on the growth opportunity that the electricity sector could represent for each country. But this opportunity may only materialize if the EBITDA margins are restored. The available options appear limited and must be assessed taking into account the context of each country: tariff increase, improvement of technical losses or diversification into means of production no longer based primarily on oil or gas. - Highlights: → The study provides a financial analysis of electricity distribution companies in West Africa. → The study highlights generally insufficient EBITDA margins. → The study raises the question of tariffs and contribution to Gross Domestic Product of the electricity sector. → The conclusion focuses on the growth opportunity that the electricity sector could represent for each country.

  16. Thermal burn and electrical injuries among electric utility workers, 1995-2004.

    Science.gov (United States)

    Fordyce, Tiffani A; Kelsh, Michael; Lu, Elizabeth T; Sahl, Jack D; Yager, Janice W

    2007-03-01

    This study describes the occurrence of work-related injuries from thermal-, electrical- and chemical-burns among electric utility workers. We describe injury trends by occupation, body part injured, age, sex, and circumstances surrounding the injury. This analysis includes all thermal, electric, and chemical injuries included in the Electric Power Research Institute (EPRI) Occupational Health and Safety Database (OHSD). There were a total of 872 thermal burn and electric shock injuries representing 3.7% of all injuries, but accounting for nearly 13% of all medical claim costs, second only to the medical costs associated with sprain- and strain-related injuries (38% of all injuries). The majority of burns involved less than 1 day off of work. The head, hands, and other upper extremities were the body parts most frequently injured by burns or electric shocks. For this industry, electric-related burns accounted for the largest percentage of burn injuries, 399 injuries (45.8%), followed by thermal/heat burns, 345 injuries (39.6%), and chemical burns, 51 injuries (5.8%). These injuries also represented a disproportionate number of fatalities; of the 24 deaths recorded in the database, contact with electric current or with temperature extremes was the source of seven of the fatalities. High-risk occupations included welders, line workers, electricians, meter readers, mechanics, maintenance workers, and plant and equipment operators.

  17. Geothermal energy and the utility market -- the opportunities and challenges for expanding geothermal energy in a competitive supply market: Proceedings

    Energy Technology Data Exchange (ETDEWEB)

    1992-01-01

    Each year the Geothermal Division of the US Department of Energy conducts an in-depth review of its entire geothermal R D program. The conference serves several purposes: a status report on current R D activities, an assessment of progress and problems, a review of management issues, and a technology transfer opportunity between DOE and the US geothermal city. This year's conference, Program Review X, was held in San Francisco on March 24--26, 1992. The theme of the review, Geothermal Energy and the Utility Market -- The Opportunities and Challenges for Expanding Geothermal Energy in a Competitive Supply Market,'' focused on the needs of the electric utility sector. Geothermal energy, with its power capacity potential of 10 GWe by the year 2010, can provide reliable, enviromentally clean electricity which can help offset the projected increase in demand. Program Review X consisted of seven sessions including an opening session with presentations by Mr. Vikram Budhraja, Vice President of System Planning and Operations, Southern California Edison Company, and Mr. Richard Jaros, President and Chief Operating Officer, California Energy Company. The six technical sessions included presentations by the relevant field researchers covering DOE-sponsored R D in hydrothermal, hot dry rock, and geopressured energy. Individual projects are processed separately for the data bases.

  18. The integration of gas and electricity: potential effects on competition in markets

    International Nuclear Information System (INIS)

    Lopez Milla, J.

    2007-01-01

    During the last years, an increasing number of gas and electricity companies have integrated their activities in both sectors. Following this trend, several Mergers and Acquisitions between gas and electricity companies have emerged, and some of them have been cross-borders operations that have given rise to multinational enterprises. This paper analyses the causes of the integration of gas and electricity activities, and examines its implications on regulation and competition policy, showing that these changes in the energy industry raise new challenges and compel to adopt new measures in that field of the economic policy. (Author) 25 refs

  19. Competitive electricity markets around the world: approaches to price risk management

    International Nuclear Information System (INIS)

    Masson, G.S.

    1999-01-01

    This chapter focuses on wholesale electricity markets, and traces the histories of the US and UK power industries. Risk management in the new electricity market is examined covering price risk, location basis risk, volume risk, and margin and cross-commodity risk. Specific competitive market systems that have been implemented around the world including mandatory pools, voluntary pools, and bilateral markets are discussed. Panels describing the functions of ancillary services, electricity price volatility, and the problems of capacity payments and the UK pool are presented

  20. African electricity market liberalization, competition and structuring: Should double bid markets be set up?

    International Nuclear Information System (INIS)

    Founanou, M.

    2011-01-01

    In this paper, we analyse the possibility of using double auction mechanisms in the organization of the electricity markets in African countries. Today's electricity markets around the world are de-regulated and going through a restructuring process. In a context marked by the opening up to competition, a double auction for electricity supply is henceforth used to set prices in wholesale and retail electricity markets. Game theory analysis useful for studying the double auction prices proprieties. The double auction is a non-cooperative game, which is strategically equivalent to the auctions theory. The price formed, depending on the buyers and sellers' strategies, is a competitive price, which tends to the ideal price when competition operates intensely on both sides of market. For Africa, the presence of congestion costs and a chronic lack of capacity require the search for other solutions. We investigate optimal strategic behaviour when buyers and sellers are separated by a possibly constrained transmission line and show that bidders' strategies converge to truth-telling behaviour as the number of market participants increases. In the congestion case, this fails to occur. We also investigate how participants in wholesale electricity markets modify their bidding strategies as a function of the influence and behaviour of a transmission line owner. (author)

  1. A methodology to identify stranded generation facilities and estimate stranded costs for Louisiana's electric utility industry

    Science.gov (United States)

    Cope, Robert Frank, III

    1998-12-01

    The electric utility industry in the United States is currently experiencing a new and different type of growing pain. It is the pain of having to restructure itself into a competitive business. Many industry experts are trying to explain how the nation as a whole, as well as individual states, will implement restructuring and handle its numerous "transition problems." One significant transition problem for federal and state regulators rests with determining a utility's stranded costs. Stranded generation facilities are assets which would be uneconomic in a competitive environment or costs for assets whose regulated book value is greater than market value. At issue is the methodology which will be used to estimate stranded costs. The two primary methods are known as "Top-Down" and "Bottom-Up." The "Top-Down" approach simply determines the present value of the losses in revenue as the market price for electricity changes over a period of time into the future. The problem with this approach is that it does not take into account technical issues associated with the generation and wheeling of electricity. The "Bottom-Up" approach computes the present value of specific strandable generation facilities and compares the resulting valuations with their historical costs. It is regarded as a detailed and difficult, but more precise, approach to identifying stranded assets and their associated costs. This dissertation develops a "Bottom-Up" quantitative, optimization-based approach to electric power wheeling within the state of Louisiana. It optimally evaluates all production capabilities and coordinates the movement of bulk power through transmission interconnections of competing companies in and around the state. Sensitivity analysis to this approach is performed by varying seasonal consumer demand, electric power imports, and transmission inter-connection cost parameters. Generation facility economic dispatch and transmission interconnection bulk power transfers, specific

  2. How energy derivatives can add value for municipal electrical utilities

    International Nuclear Information System (INIS)

    Tamplen, B.

    1998-01-01

    The challenges that municipal electric utilities (MEUs) face in the new deregulated power market in North America were discussed. This presentation also highlighted the factors that affected the risk that companies in the U.S. Mid-West were exposed to in June 1998. During that time, MEUs had to deal with financial fallouts and price spikes as a result of very high temperatures, generation outages, and transmission line relief. The focus is on price risk and credit risk and how a strong risk management team can be instrumental in avoiding price spikes like those that occurred in June 1998

  3. Environmental exposures in the US electric utility industry

    International Nuclear Information System (INIS)

    Repetto, R.; Henderson, J.

    2003-01-01

    Quantitative analysis of 47 US investor-owned electric utilities' environmental exposures to impending air quality and climate policies shows potentially material and highly differentiated financial impacts. For many companies the minimized compliance costs of a four-pollutant cap-and-trade regulatory regime would be less than those of a three-pollutant regime that omitted controls on carbon dioxide emissions. Fragmented regulatory requirements would have the highest compliance costs. The companies studied vary considerably in the adequacy of their financial reporting of these potential impacts. Greater transparency would benefit investors and the most favorably positioned companies. (author)

  4. Electric utility fuel choice behavior in the United States

    Energy Technology Data Exchange (ETDEWEB)

    Joskow, P.L.; Mishkin, F.S.

    1977-10-01

    Electric utility fuel choice behavior is analyzed by a conditional logit model to determine the effects of changing oil prices of five plants. Three of the plants faced favorable expected coal prices and, like many areas of the country, were insensitive to changing oil prices. This was not the case at the New England plant, however, where relatively small price increases would decrease the likelihood of choosing oil as an alternative fuel for new plants. The modeling of utility behavior in fuel decisions is felt to be applicable to other industries where a continuum of decision possibilities does not reasonably characterize choice alternatives. New behavior models are urged in order to obtain better predictions of the effects of a changing economic environment. 10 references.

  5. Citizen Advisory Council use in the electric utility industry

    International Nuclear Information System (INIS)

    McElfresh, R.W.

    1991-01-01

    Many electric utility companies have come to realize the Importance of seeking public input before launching corporate resources into major construction projects. One way to organize this input is to establish a Citizen Advisory Council (CAC). This paper describes the purpose of such a group, its advantages and limitations, and how it might be organized. This paper also describes the results of a survey of CAC use for facility siting purposes. Fifty large utility companies were contacted, eleven of which use CACs for siting purposes. Six of these were questioned in greater detail as to their success in using CACs on specific projects. All companies were positive about the use of CACs for public participation because the groups were able to bring valuable information to light and company credibility was enhanced. Most importantly, the responding companies believed they were able to save time in the siting and licensing process

  6. The Effects of Competition Policy on TFP Growth: Some Evidence from the Malaysian Electricity Supply Industry

    OpenAIRE

    Kok Fong See; Tim Coelli

    2009-01-01

    The main objectives of this paper are to measure total factor productivity (TFP) growth in the electricity supply industry in Peninsular Malaysia from 1975 to 2005 and to assess the impact of private entry reforms upon TFP in this industry. Prior to 1995, a government-linked, vertically-integrated electricity utility, Tenaga Nasional Berhad (TNB), was essentially the sole operator. However, since 1995 privately-owned Independent Power Producers (IPPs) have also begun generating electricity, a...

  7. Electricity - A threat on competitiveness - Six answers to moderate price increase

    International Nuclear Information System (INIS)

    Dupin, L.; James, O.; Moragues, M.

    2012-01-01

    The fact that electricity price might increase of 30 per cent by 2016 in France is a bad news for the French industry. This increase is partly due to the increase of the cost of electricity produced by nuclear energy, but also to that of the specific tax (contribution to the electricity public service) which is supposed to finance the development of renewable energies. Until that moment, the French electricity is still competitive in Europe, but not in the world. Thus, the industry has several possibilities to moderate the impact of this increase: to secure electricity supplies, to become a hydroelectricity producer, to reduce their process' energy consumption, to regroup to be able to negotiate, to create an energy subsidiary company, and to exploit the production tool flexibility

  8. Financial statistics of major U.S. investor-owned electric utilities 1996

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1997-12-01

    The Financial Statistics of Major US Investor-Owned Electric Utilities publication presents summary and detailed financial accounting data on the investor-owned electric utilities. The objective of the publication is to provide Federal and State governments, industry, and the general public with current and historical data that can be used for making policy and decisions relating to investor-owned electric utility issues. The US electric power industry is a combination of electric utilities (investor-owned, publicly owned, Federal, and cooperatives) and nonutility power producers. Investor-owned electric utilities account for over three-fourths of electric sales and revenue. Historically, the investor-owned electric utilities have served the large consolidated markets. There is substantial diversity among the investor-owned electric utilities in terms of services, size, fuel usage, and prices charged. Most investor-owned electric utilities generate, transmit, and distribute electric power. Investor-owned electric utilities operate in all States except Nebraska; Hawaii is the only State in which all electricity is supplied by investor-owned electric utilities. 5 figs., 57 tabs.

  9. Market readiness report : status of preparation for Ontario's competitive retail electricity market

    International Nuclear Information System (INIS)

    2002-01-01

    The Ontario Energy Board (OEB) assumes a leadership role in the electricity sector to ensure the readiness of retail participants in Ontario's competitive electricity market. The Market Readiness Project Team is instrumental in this activity. The team, led by the Independent Electricity Market Operator, provides information and advice regarding the technical readiness of the retail industry, with particular focus on the readiness of distributors to carry out their important functions in a competitive market. This report provides an assessment of the team regarding the industry's technical readiness based on information as of December 14, 2001. The status of retail market readiness was reviewed in terms of the viability of the design of the new competitive market and on the status of Ontario distributors in enabling a competitive market. The workplan for the remaining industry activities needed to achieve market opening were then summarized along with the contingency arrangements for any distributors that are not ready for market opening. Based on several projections, an estimated 88 per cent of Ontario contracts will be served by a distributor starting on a May 1, 2002 market opening. tabs., figs., appendices

  10. The New Electricity Market of Singapore : regulatory framework, market power and competition

    International Nuclear Information System (INIS)

    Chang, Y.

    2007-01-01

    This study examines whether the New Electricity Market of Singapore (NEMS) is functioning at a workable level of competition. The generation market of the NEMS appears highly concentrated by a four-firm concentration ratio or the Herfindahl-Hirschman Index. However, other measures of market power present that the NEMS is working at close to a competitive market. First, there seems to be a number of effective competitors in the market. Second, Supply Margin Assessment and Residual Supply Index support that the market is competitive though there are some possibilities in which the largest generator or a few large generators jointly could still have market power. Third, the Lerner Index of the NEMS shows that the generation market is fairly competitive and the Lerner Index adjusted with an industry level price elasticity of demand implies that there has not been much exercise of market power. Finally, vesting contracts - a contractual obligation of a specified quantity of electricity supply to the market - have appeared to be a strong and effective tool to mitigate market power in the NEMS. The vesting contracts are considered the force behind the lowering in the average Uniform Singapore Electricity Price and the Lerner Index in 2004. [Author

  11. The New Electricity Market of Singapore: Regulatory framework, market power and competition

    International Nuclear Information System (INIS)

    Chang Youngho

    2007-01-01

    This study examines whether the New Electricity Market of Singapore (NEMS) is functioning at a workable level of competition. The generation market of the NEMS appears highly concentrated by a four-firm concentration ratio or the Herfindahl-Hirschman Index. However, other measures of market power present that the NEMS is working at close to a competitive market. First, there seems to be a number of effective competitors in the market. Second, Supply Margin Assessment and Residual Supply Index support that the market is competitive though there are some possibilities in which the largest generator or a few large generators jointly could still have market power. Third, the Lerner Index of the NEMS shows that the generation market is fairly competitive and the Lerner Index adjusted with an industry level price elasticity of demand implies that there has not been much exercise of market power. Finally, vesting contracts-a contractual obligation of a specified quantity of electricity supply to the market-have appeared to be a strong and effective tool to mitigate market power in the NEMS. The vesting contracts are considered the force behind the lowering in the average Uniform Singapore Electricity Price and the Lerner Index in 2004

  12. Financial statistics of selected publicly owned electric utilities 1989. [Contains glossary

    Energy Technology Data Exchange (ETDEWEB)

    1991-02-06

    The Financial Statistics of Selected Publicly Owned Electric Utilities publication presents summary and detailed financial accounting data on the publicly owned electric utilities. The objective of the publication is to provide the Federal and State governments, industry, and the general public with data that can be used for policymaking and decision making purposes relating to publicly owned electric utility issues. 21 tabs.

  13. 76 FR 3517 - Standards of Performance for Fossil-Fuel-Fired, Electric Utility, Industrial-Commercial...

    Science.gov (United States)

    2011-01-20

    ... Standards of Performance for Fossil-Fuel-Fired, Electric Utility, Industrial-Commercial-Institutional, and... following: Category NAICS \\1\\ Examples of regulated entities Industry 221112 Fossil fuel-fired electric utility steam generating units. Federal Government 22112 Fossil fuel-fired electric utility steam...

  14. Overview of U.S. electric utilities: Transmission and distribution systems

    International Nuclear Information System (INIS)

    Brown, R.D.

    1994-01-01

    I hope this brief description of the US electric utility industry has been interesting and informative. No doubt many characteristics, concerns, and research efforts mirror those of the electric utility industry in South Korea. It is hoped that through workshops such as this that electric utilities, manufacturers and consultants may learn from each other for the mutual benefit of all

  15. Utilization of excess wind power in electric vehicles

    International Nuclear Information System (INIS)

    Hennings, Wilfried; Mischinger, Stefan; Linssen, Jochen

    2013-01-01

    This article describes the assessment of future wind power utilization for charging electric vehicles (EVs) in Germany. The potential wind power production in the model years 2020 and 2030 is derived by extrapolating onshore wind power generation and offshore wind speeds measured in 2007 and 2010 to the installed onshore and offshore wind turbine capacities assumed for 2020 and 2030. The energy consumption of an assumed fleet of 1 million EVs in 2020 and 6 million in 2030 is assessed using detailed models of electric vehicles, real world driving cycles and car usage. It is shown that a substantial part of the charging demand of EVs can be met by otherwise unused wind power, depending on the amount of conventional power required for stabilizing the grid. The utilization of wind power is limited by the charging demand of the cars and the bottlenecks in the transmission grid. -- Highlights: •Wind power available for charging depends on minimum required conventional power (must-run). •With 20 GW must-run power, 50% of charging can be met by excess wind power. •Grid bottlenecks decrease charging met by wind power from 50 % to 30 %. •With zero must-run power, only very little wind power is available for charging

  16. A look forward to the competitive landscape of Ontario's electricity supply

    International Nuclear Information System (INIS)

    Carr, J.

    1998-01-01

    The government of Ontario is a shareholder in Ontario Hydro and is responsible for ensuring that the public receives electricity service at the lowest, most prudent price. The current monopoly arrangement provides Ontario with a revenue stream that is predictable and amenable to control. However, the emerging restructuring of Ontario's electricity supply system will be strongly dependent on the direction determined by government policy. Other factors that will have significant influence on developments will be the restructuring initiatives outside the province, and the attractiveness of the electricity sector to investors. In November 1997, Ontario released a white paper by the Minister of Energy, Science and Technology, entitled 'Direction for change'. This document is a preliminary statement of potential policy regarding electricity restructuring in Ontario. Some of the key elements of the White Paper were: (1) the creation of a competitive market in the year 2000 for both wholesale and retail customers, (2) separating monopoly operations from competitive business activities throughout the electricity sector, (3) expanding the role on the Ontario Energy Board to give it regulatory power over the electricity sector, and (4) introducing measures to ensure environmental protection. Three other relevant reports were also released in December 1997: (1) Report of the Select Committee on Ontario Hydro Nuclear Affairs, (2) Ontario Energy Board Advisory Report on Legislative Change Requirements for Natural Gas Deregulation, and (3) Report of the Toronto Transition Team. The government policy indicated by these various reports appear to represent a careful balance of many conflicting interests and obligations. According to expert observers, the emerging policy appears to have the necessary technical, financial and political support to ensure a successful competitive electricity supply system in Ontario. 4 refs

  17. Cost structure analysis of commercial nuclear power plants in Japan based on corporate financial statements of electric utility companies

    International Nuclear Information System (INIS)

    Kunitake, Norifumi; Nagano, Koji; Suzuki, Tatsujiro

    1998-01-01

    In this paper, we analyze past and current cost structure of commercial nuclear power plants in Japan based on annual corporate financial statements published by the Japanese electric utility companies, instead of employing the conventional methodology of evaluating the generation cost for a newly constructed model plant. The result of our study on existing commercial nuclear plants reveals the increasing significance of O and M and fuel cycle costs in total generation cost. Thus, it is suggested that electric power companies should take more efforts to reduce these costs in order to maintain the competitiveness of nuclear power in Japan. (author)

  18. Advanced design nuclear power plants: Competitive, economical electricity. An analysis of the cost of electricity from coal, gas and nuclear power plants

    International Nuclear Information System (INIS)

    1992-06-01

    This report presents an updated analysis of the projected cost of electricity from new baseload power plants beginning operation around the year 2000. Included in the study are: (1) advanced-design, standardized nuclear power plants; (2) low emissions coal-fired power plants; (3) gasified coal-fired power plants; and (4) natural gas-fired power plants. This analysis shows that electricity from advanced-design, standardized nuclear power plants will be economically competitive with all other baseload electric generating system alternatives. This does not mean that any one source of electric power is always preferable to another. Rather, what this analysis indicates is that, as utilities and others begin planning for future baseload power plants, advanced-design nuclear plants should be considered an economically viable option to be included in their detailed studies of alternatives. Even with aggressive and successful conservation, efficiency and demand-side management programs, some new baseload electric supply will be needed during the 1990s and into the future. The baseload generating plants required in the 1990s are currently being designed and constructed. For those required shortly after 2000, the planning and alternatives assessment process must start now. It takes up to ten years to plan, design, license and construct a new coal-fired or nuclear fueled baseload electric generating plant and about six years for a natural gas-fired plant. This study indicates that for 600-megawatt blocks of capacity, advanced-design nuclear plants could supply electricity at an average of 4.5 cents per kilowatt-hour versus 4.8 cents per kilowatt-hour for an advanced pulverized-coal plant, 5.0 cents per kilowatt-hour for a gasified-coal combined cycle plant, and 4.3 cents per kilowatt-hour for a gas-fired combined cycle combustion turbine plant

  19. Competition and PUHCA reform

    International Nuclear Information System (INIS)

    Williams, P.L.

    1991-01-01

    This article examines the national energy policy legislation being developed with respect to Public Utilities Holding Company Act issues. The topics of the article include the proposals to encourage competition among electric power producers, those involved in the process, qualifying facilities, independent power producers, competition and efficiency, and the outlook for reform

  20. Outsourcing decision factors in publicly owned electric utilities

    Science.gov (United States)

    Gonzales, James Edward

    Purpose. The outsourcing of services in publicly owned electric utilities has generated some controversy. The purpose of this study was to explore this controversy by investigating the relationships between eight key independent variables and a dependent variable, "manager perceptions of overall value of outsourced services." The intent was to provide data so that utilities could make better decisions regarding outsourcing efforts. Theoretical framework. Decision theory was used as the framework for analyzing variables and alternatives used to support the outsourcing decision-making process. By reviewing these eight variables and the projected outputs and outcomes, a more predictive and potentially successful outsourcing effort can be realized. Methodology. A survey was distributed to a sample of 323 publicly owned electric utilities randomly selected from a population of 2,020 in the United States. Analysis of the data was made using statistical techniques including the Chi-Square, Lambda, Spearman's coefficient of rank correlation, as well as the Hypothesis Test, Rank Correlation, to test for relationships among the variables. Findings. Relationships among the eight key variables and perceptions of the overall value of outsourced services were generally weak. The notable exception was with the driving force (reason) for outsourcing decisions where the relationship was strongly positive. Conclusions and recommendations. The data in support of the research questions suggest that seven of the eight key variables may be weakly predictive of perceptions of the overall value of outsourced services. However, the primary driving force for outsourcing was strongly predictive. The data also suggest that many of the sampled utilities did not formally address these variables and alternatives, and therefore may not be achieving maximal results. Further studies utilizing customer perceptions rather than those of outsourcing service managers are recommended. In addition, it is

  1. Future Market Share of Space Solar Electric Power Under Open Competition

    Science.gov (United States)

    Smith, S. J.; Mahasenan, N.; Clarke, J. F.; Edmonds, J. A.

    2002-01-01

    This paper assesses the value of Space Solar Power deployed under market competition with a full suite of alternative energy technologies over the 21st century. Our approach is to analyze the future energy system under a number of different scenarios that span a wide range of possible future demographic, socio-economic, and technological developments. Scenarios both with, and without, carbon dioxide concentration stabilization policies are considered. We use the comprehensive set of scenarios created for the Intergovernmental Panel on Climate Change Special Report on Emissions Scenarios (Nakicenovic and Swart 2000). The focus of our analysis will be the cost of electric generation. Cost is particularly important when considering electric generation since the type of generation is, from a practical point of view, largely irrelevant to the end-user. This means that different electricity generation technologies must compete on the basis of price. It is important to note, however, that even a technology that is more expensive than average can contribute to the overall generation mix due to geographical and economic heterogeneity (Clarke and Edmonds 1993). This type of competition is a central assumption of the modeling approach used here. Our analysis suggests that, under conditions of full competition of all available technologies, Space Solar Power at 7 cents per kW-hr could comprise 5-10% of global electric generation by the end of the century, with a global total generation of 10,000 TW-hr. The generation share of Space Solar Power is limited due to competition with lower-cost nuclear, biomass, and terrestrial solar PV and wind. The imposition of a carbon constraint does not significantly increase the total amount of power generated by Space Solar Power in cases where a full range of advanced electric generation technologies are also available. Potential constraints on the availability of these other electric generation options can increase the amount of

  2. Communications architecture for an electric company, European utility communications architecture, EURUCA

    Energy Technology Data Exchange (ETDEWEB)

    Uuspaeae, P [VTT Energy, Espoo (Finland)

    1998-08-01

    The scope of this research is integration and interoperability of various information systems and data communications for electric utilities. Utility Communication Architecture refers to an overall view of the communications needs and communication systems in an electric utility. The objective is to define and specify suitable and compatible communications procedures within the Utility and also to outside parties

  3. Electric utilities strategies in final energy markets; Nuove strategie d'impresa sui mercati finali dell'energia

    Energy Technology Data Exchange (ETDEWEB)

    Bianchi, A. [RIE S.r.L., Bologna (Italy)

    2000-07-01

    In rapidly changing markets, electric utilities pay growing attention to customers and service. They are aware that competition needs strategies capable of transforming and strengthening the privileged position resulting from the knowledge of the market. Moreover, this aspect is the link between different value chains to describe new multi utility approaches. [Italian] In mercati in rapida evoluzione, cresce nelle compagnie energetiche l'attenzione al cliente e al servizio; la concorrenza va affrontata con strategie di trasformazione e rafforzamento della posizione di privilegio che la conoscenza del mercato offre. Questo elemento rappresenta poi il ponte tra catene del valore diverse, verso un nuovo approccio multi-servizi.

  4. How competitive are EU electricity markets? An assessment of ETS Phase II

    International Nuclear Information System (INIS)

    Castagneto-Gissey, Giorgio

    2014-01-01

    This paper studies the interactions between electricity and carbon allowance prices in the year-ahead energy markets of France, Germany, United Kingdom and the Nordic countries, during Phase II of the EU ETS. VAR and Granger-causality methods are used to analyze causal interfaces, whereas the volatility of electricity prices is studied with basic and asymmetric AR-GARCH models. Among the main results, the marginal rate at which carbon prices feed into electricity prices is shown to be ca. 135% in the EEX and Nord Pool markets, where electricity and carbon prices display bidirectional causality, and 109% in the UK. Therefore, generators in these markets internalized the cost of freely allotted emission allowances into their electricity prices considerably more than the proportionate increase in costs justified by effective carbon intensity. Moreover, electricity prices in France are found to Granger-cause the carbon price. This study also shows how European electricity prices are deeply linked to coal prices among other factors, both in terms of levels and volatility, regardless of the underlying fuel mix, and that coal was marginally more profitable than gas for electricity generation. EU policies aimed at increasing the carbon price are likely to be crucial in limiting the externalities involved in the transition to a low-carbon system. - Highlights: • The interactions between electricity and carbon prices during Phase II are investigated. • This work also studies the determinants of EU electricity price levels and volatilities. • Nord Pool, APX UK and EEX carbon cost pass-through rates emphasize low electricity market competitiveness. • Powernext electricity prices Granger-cause the Phase II carbon price. • Coal was marginally more profitable than gas during Phase II

  5. Multi-agent simulation of competitive electricity markets: Autonomous systems cooperation for European market modeling

    International Nuclear Information System (INIS)

    Santos, Gabriel; Pinto, Tiago; Morais, Hugo; Sousa, Tiago M.; Pereira, Ivo F.; Fernandes, Ricardo; Praça, Isabel; Vale, Zita

    2015-01-01

    Highlights: • Definition of an ontology allowing the communication between multi-agents systems. • Social welfare evaluation in different electricity markets. • Demonstration of the use of the proposed ontology between two multi-agents systems. • Strategic biding in electricity markets. • European electricity markets comparison. - Abstract: The electricity market restructuring, and its worldwide evolution into regional and even continental scales, along with the increasing necessity for an adequate integration of renewable energy sources, is resulting in a rising complexity in power systems operation. Several power system simulators have been developed in recent years with the purpose of helping operators, regulators, and involved players to understand and deal with this complex and constantly changing environment. The main contribution of this paper is given by the integration of several electricity market and power system models, respecting to the reality of different countries. This integration is done through the development of an upper ontology which integrates the essential concepts necessary to interpret all the available information. The continuous development of Multi-Agent System for Competitive Electricity Markets platform provides the means for the exemplification of the usefulness of this ontology. A case study using the proposed multi-agent platform is presented, considering a scenario based on real data that simulates the European Electricity Market environment, and comparing its performance using different market mechanisms. The main goal is to demonstrate the advantages that the integration of various market models and simulation platforms have for the study of the electricity markets’ evolution

  6. Optimal Operation of Electric Vehicles in Competitive Electricity Markets and Its Impact on Distribution Power Systems

    DEFF Research Database (Denmark)

    Hu, Weihao; Chen, Zhe; Bak-Jensen, Birgitte

    2011-01-01

    represent the future of electricity markets in some ways, is chosen as the studied power system in this paper. The impact of the optimal operation strategy for electric vehicles together with the optimal load response to spot market price on the distribution power system with high wind power penetrations...... are also discussed in the paper. Simulation results show that the proposed optimal operation strategy is an effective measure to achieve minimum energy costs of the PEV. The optimal operation strategy of the PEV and the optimal load response may have significant effects on the distribution power system......Since the hourly spot market price is available one day ahead in Denmark, the electricity price could be transferred to the consumers and they may make some optimal charge and discharge schedules for their electric vehicles in order to minimize their energy costs. This paper presents an optimal...

  7. Competition and regulation in the European network industries. From general case to the case of electricity

    International Nuclear Information System (INIS)

    Jonquieres, F.

    1995-01-01

    The paper focuses on the institutional arrangements present situation in the European Electricity Supply Industry, which is characterized by its diversity. There is unquestionably, a trend to put pressure on the national electricity systems by the European Union organisms to accept the unbundling, Third Party Access to the network, deregulation etc. An opposing reaction appears, trying to underline the potential important drawbacks of such a trend. The conclusion of the author can be summarised as follows: Competition at the generation level? Yes[ Access to the network ? No[ (author)

  8. 2003/54/EC Directive - A new impetus for the development of competitive electricity markets

    International Nuclear Information System (INIS)

    Lungu, Ion; Manicu, Maria; Caraca, Lusine

    2004-01-01

    The political and economical transformation, followed by institutional changes occurring all over the world has led to the creation of new relationships in the electricity sector, a segment playing a vital role in the economical and social development of a country. Thus, the energy sector planning and the strict control of the state used as a means to ensure the energy security have been largely rejected. In most countries, the state has given up its price control practice on activities that were deemed competitive, subsidies have been significantly reduced or eliminated, and barriers hindering the energy trading have been eased or removed. The process of removing state intervention from the electricity markets is in full progress and is achieved through deep structural reforms covering two directions: privatisation of large state-owned companies, on one hand and, on the other hand, restructuring the industrial branches that are network-dependent. These branches are mainly restructured through separation of monopolistic activities from competitive activities, concurrently with the invalidation and/or amendment of the legislation referring to the granting of energy efficiency incentives in the sector. The paper addresses the following items: - Energy markets regulatory framework within EU; - Internal electricity market regulation in the context of the 2003/54 EC Directive; Romania engaged itself in this effort to restructuring its electricity sector. The process started in 1998 and aimed at ensuring the supply of electricity and heat under conditions of quality, fair prices and mitigated environmental impact

  9. On the competitiveness of electric driving in France: Impact of driving patterns

    International Nuclear Information System (INIS)

    Le Duigou, A.; Amalric, Y.; Guan, Y.

    2014-01-01

    The environmental issues in the transport sector are numerous and CO 2 capture is not even plausible for vehicles at the moment. This report describes a number of different emergent power train technologies (ICE, BEV, PHEV, FCEV) before providing an inter-comparison of these technologies within a technical and economic context. The economical benefits are discussed in terms of the 'Difference of Total Cost of Ownership' (DTCO) and take: electric driving distances, energy (fuel, electricity, hydrogen) prices, batteries and fuel cells costs. To simulate electric driving distances, the model uses several functional parameters such as the battery range and the 'range anxiety' based on the assumption of one recharge per day. The potential electric driving distances are evaluated according to the segmentation statistics of daily trips. The results show the yearly mileages, as well as the range and cost of batteries and fuel cells, together with their relative impact on the DTCO and on the competitiveness of electric vehicles. The price of electric vehicles remains high with strong dependency on the battery's capacity, but the benefits in terms of fuel cost savings can be considerable. The price of electricity is currently noticeably lower than petroleum-based fuels, which balances the high costs of the batteries. 50% or more of LDV yearly mileages can be electric-driven, even for limited battery ranges (ca.under 50 km). There are stakes for the battery costs (competitiveness under euros-215/kWh) and lifetimes, while the low battery ranges (100 km in our case) provide the best margins. As regards FCEVs, the hydrogen target price at the pump should be achievable (less than euros-6.5/kg) with reasonable gasoline prices (Euros-1.7/liter at the pump) and fuel cell costs (euros-20/kW). CO 2 taxes and ICE efficiency gains will lead to opposite impacts of the H 2 target prices at the pump. (authors)

  10. Green marketing in the Massachusetts electric company retail competition pilot program

    Energy Technology Data Exchange (ETDEWEB)

    Rothstein, S.M.; Fang, J.M.

    1997-10-01

    With electric industry restructuring initiatives being introduced on the state and federal levels, retail access pilot programs serve an important function for examining competitive market issues, as well as marketing strategies and customer reactions to different power supply options. The experience gained through these pilots provides important insights into future power market operations, including the market for green power. The Massachusetts Electric Company`s (MECo`s) Choice: New England pilot for residential and small-business customers was a voluntary program developed primarily to test the billing and metering logistics that distribution companies will need in the competitive market. The pilot also offered a preview of program implementation and marketing under customer choice. It was the first retail competition pilot to explicitly include green power options in program design. The MECo pilot`s energy suppliers were selected through the issuance of a request for proposals (RFP). Respondents were asked to submit bids in one or more of three energy supply categories-price, green, and other options. These options were developed by the pilot administrator through internal meetings, discussions with state officials and other stakeholders, and a review of information from other similar pilots. For the green option, the pilot administrator did not establish a green standard. Instead, suppliers were allowed to submit offers that promoted environmental stewardship. Customer response to the different green options are reported. The pilot results clearly demonstrate that, in a competitive situation, there is interest in a variety of energy supply options, including green options. 2 tabs.

  11. Optimization of NPP performance and service life in a competitive electricity market

    International Nuclear Information System (INIS)

    Gueorguiev, B.; Spielgelberg - Planner, R.

    2000-01-01

    This paper discusses how the competitive electricity market has influenced nuclear power plant operations, with a focus on optimisation of NPP performance and plant service life, and how the IAEA programme has addressed some of this issues. The definitions of Plant Life, Operational Life, Design Life and Periodical Safety Reviews are developed in the paper in order to differentiate between the terms and to show the significance in terms of Plant Life Management

  12. The Brazilian electric power industry restructuring: an evaluation of the competition through the contestable market theory

    International Nuclear Information System (INIS)

    Vinhaes, Elbia; Santana, Edvaldo de

    1999-01-01

    The central issue of debate was the need to align the energy sector's options and organization with changing global patterns of economic and social development, characterized by the increasing role played by the private sector, greater integration in the world economy, and new economic and social priorities such as efficiency, decentralization, deregulation, and a closer attention to environmental issues. The aim of the work is to evaluate the competition in the Brazilian electric power industry through the Contestable Market Theory proposed by Baumol

  13. Social Welfare implications of demand response programs in competitive electricity markets

    Energy Technology Data Exchange (ETDEWEB)

    Boisvert, Richard N.; Neenan, Bernard F.

    2003-08-01

    The price volatility exhibited by wholesale electricity markets has stymied the movement to restructure the industry, and may derail it altogether. Market designers argue that prices are superior to regulation for directing long-term investments to the proper location and function, and that price volatility is a natural manifestation of a robustly competitive market. However, episodes of prices that soar to previously unimaginable heights try customers' patience and cause policy makers to reconsider if the prize is worth the consequences.

  14. Electricity between monopoly and competition. Selling at the marginal cost. The rational guidance of electric energy consumption by tariffs

    International Nuclear Information System (INIS)

    Boiteux, Marcel

    2015-10-01

    Within the perspective of the introduction of competition, the first article comments the issues related to the different professions: distribution (which solutions as multiple grids would be too expensive?), interconnection and transport grids (same questions), and production. The author outlines some characteristics of electricity: it cannot be stored, is a rigid product, has a price elasticity almost null on the short term. Then he discusses different problems to be solved: transport tolls, competition for production, difference between customers (big clients, households, handicraft). In the second article, the author discusses the issue of pricing (why selling at cost price or at marginal cost price?) and discusses the definition of this marginal cost. In the third article, the author comments the common use of tariffs by electricity distribution companies as an incentive for a rational use of electric energy by consumers. He describes how prices are factors of economic choice, the implication of selling at cost price and at marginal cost price. He discusses the relationship between marginal cost price and budget balance, and the practical adaptation of tariffs

  15. Forces that direct the competition in the electric power industry in the new institutional scenery

    International Nuclear Information System (INIS)

    Ribeiro Filho, Ary Pinto; Moraes, Walter Fernando Araujo de

    1999-01-01

    This work identifies the probable strategic characteristics of the interconnected North-Northeast Brazilian electricity industry, after the current restructuring and privatization process has been implemented. It is a 15.0 thousand MW generation industry supplying more than 33.5 million consumers. The normative scenery for analysis of the electricity industry takes into consideration the premises that the government establishes the vertical separation of generation, transmission, distribution and retailing, and introduces the regulation to a competitive industrial structure in generation and retailing. It is assumed that free access to transmit and distribute electricity and broad choices for consumers are the main features for competition in both generation and retailing. The essence of formulating strategy is to relate a company with its environment, considering the industrial structure. Porter's five forces model for industry environment and competition, emphasizing the role of the government in such regulated industry, is the basic theoretical reference. The main strategic characteristics related to entry barriers, rivalry intensity, supplier power, customer power and substitute products are analyzed. (author)

  16. On the battleground of environmental and competition policy: The renewable electricity market

    Science.gov (United States)

    Meszaros, Matyas Tamas

    Renewable energy sources have become increasingly important in the efforts to provide energy security and to fight global warming. In the last decade environmental policy has increased the support for renewable electricity. At the same time the electricity sector was often subject of antitrust investigation because of relevant market concentration, and market power. This dissertation looks at the renewable electricity market to analyze the effect of environmental policy on competition. The first chapter provides a short introduction into the regulatory schemes of electricity markets. The second chapter analyzes the demand side of the electricity market. The estimations show that there was no significant change in the income and price elasticity in the electricity consumption of the US households between 1993 an 2001, although there was several policy initiatives to increase energy efficiency and decrease consumption. The third chapter derives a theoretical model where the feed-in tariff and the tradable green certificate system can be analyzed under oligopolistic market structure. The results of the model suggest that the introduction of the environmentally friendly regulatory schemes can decrease the electricity prices compared to the case when there is no support for renewable energy. The other findings of this model is that the price of electricity rises when the requirement for renewable energy increases. In the fourth chapter a simulation model of the UK electricity market is used to test the effect of mergers and acquisitions under the environmental support scheme. The results emphasize the importance of the capacity limit, because it can constrain the strategic action of the electricity producers. The results of the simulation also suggest that the increasing concentration can increase the production and lower the price of electricity and renewable energy certificates in the British Renewable Obligation system.

  17. Deregulation and restructuring of the electric utility industry

    Energy Technology Data Exchange (ETDEWEB)

    Nixon, Hal [Utility Workers Union of America (UWUA), AFL-CIO, (United States)

    1997-12-31

    Federal and state policy makers are currently faced with the rapidly evolving issue of the restructuring and potential deregulation of the electric utility industry, a sector of the economy of huge importance through its sheer size and its impact on the daily life and livelihood of everyone. This paper describes eleven principles that must be adhered to in any restructuring of the electric industry. Adherence to the principle and positions outlined can help assure that the transition in this industry benefits all, not just a few, and that the general health and welfare of the people is protected and enhanced [Espanol] Los legisladores estatales y federales se estan enfrentando con el rapido y envolvente aspecto de la reestructuracion y desregulacion potencial de la industria electrica, un sector de la economia de enorme importancia por su tamano y su impacto en la vida diaria y los medios de vida. En esta ponencia se describen once principios y posiciones que deben ser considerados en cualquier reestructuracion de la industria electrica. El apego a los principios y posiciones comentados puede ayudar a asegurar que la transicion en esta industria deneficie a todos, no solo a unos cuantos, y que la salud general y bienestar de la gente sea protegida y mejorada

  18. Competition

    CERN Multimedia

    Staff Association

    2017-01-01

    Get ready for the Easter Egg Hunt! The Staff Association is organising a competition from 10 to 21 April 2017. There are several Go Sport gift vouchers to win, with a value of 50 € each. Try your luck! Count the number of different eggs that we have hidden on our website. Then indicate your answer in the online form. To participate, you just need to be a member of the Staff Association. Winners will be randomly drawn among the correct answers.

  19. Competition

    CERN Multimedia

    Staff Association

    2016-01-01

      The Staff Association is organising a competition from 13 to 21 December 2016. There are several Go Sport vouchers to win with a value of 50 € each. Try your luck! To participate, you just have to be a member of the Staff Association and take the online quiz: https://ap-vote.web.cern.ch/content/jeu-concours-de-noel. The winners will be drawn among the correct answers.

  20. Competition

    CERN Multimedia

    Staff Association

    2016-01-01

      The Staff Association is organising a competition from April 11 to 20. There are several Go Sport gift vouchers with a value of 50 € each to win. Try your luck! To participate, you just have to be a member of the Staff Association and take the online quiz: https://ap-vote.web.cern.ch/content/jeu-concours. The winners will be drawn among the correct answers.

  1. Managing the GPS/GIS function in an electric utility

    International Nuclear Information System (INIS)

    Michelsen, M.W. Jr.

    1999-01-01

    A new period of higher significance has arrived for the GPS/GIS function at electric utilities such that to a degree never seen before, utility managers are looking to their GIS programs, filled with increasingly accurate data collected by GPS technology, before making many decisions. With this capability comes an expectation for GPS/GIS professionals to provide higher levels of planning and management of their data collection process. At Duke Power in Charlotte, North Carolina, managers rely on GPS mapping to fill their data collection equipment needs. When the city of Charlotte requested a more detailed billing system, Duke Power co-sponsored the street lighting inventory project, a comprehensive program implemented to fully account for street lighting facilities within the billing area. One of the key projects to be kept in mind was the creation of a common data base viewable by GIS from which a bill could be created and as well reveal data. A billing calculation routine can be run against the data base to generate a bill or use MapInfo to see a graphical picture. Prior to the creation of this data base capability, the difference between the data base as a display tool and billing system was a potential source of discrepancy, which is eliminated now. Creating the data base allows more than just creating a bill for the city, it allows Duke Power to work better with the city by improving its billing accountability and provides better service as well

  2. A new international role for large electric utilities

    International Nuclear Information System (INIS)

    Johnson, P. M.

    1993-01-01

    Population pressures leading to changes in India, China, and South America during the next twenty-five years and the resulting revolutionary shifts in the world's major economic axes, such as growth in populations, in demand for consumer goods, in production capacities, and in energy demand, will demand greater international cooperation according to a former premier of the province of Quebec. He stressed in particular, the contributions that large electrical utilities can play in this world-wide transformation. He predicted the possibility of privatization and an extended role in international energy activities for Hydro-Quebec as a result of these major demographic and economic changes in Asia and South America, and the consequent decline in the economies of the G7 countries. Major capital investments abroad, and the formation of networks of domestic and foreign partnerships in the developing world were predicted to be the key to the survival and continuing success not only of Hydro-Quebec, but all major utility companies

  3. The impossible dream? How Nuclear Electric, Ltd. pulled itself out of the ashes of government ownership and became highly competitive in a privatized and deregulating British power market

    International Nuclear Information System (INIS)

    Maycock, P.

    1998-01-01

    The day was dark for Nuclear Electric plc. when the British government decided it would privatize and deregulate the electric utility industry. For years, Nuclear Electric and other UK-based fossil power producers had been operating in a regulated market where the state set and guaranteed the price of electricity. All that was changing in Britain as the government introduced competition and as customers looked forward to purchasing power from the lowest bidder. Essentially the situation in England was much the same as it is now in the US: there was major momentum toward deregulation. The reality of competition in Britain came as good news to many power producers--in particular those who kept the lights on cost effectively. Others, However, weren't so optimistic, especially nuclear plants that traditionally bear higher safety and maintenance costs than their fossil counterparts. Taking its cues from the City (Britain's Wall Street), the British government simply considered nuclear generators to be unreliable, high cost, unprofitable organizations incapable of surviving in a privatized environment. It therefore left its nuclear power plants off the docket when selling (privatizing) its generating capacity. This paper describes how Nuclear Electric Ltd. became competitive in a deregulated environment

  4. The opening up to competition of European electricity markets: genesis and perspectives of an ambitious project

    International Nuclear Information System (INIS)

    Pellion, Antoine

    2007-01-01

    This article first describes the European dynamic of the construction of electricity markets. It outlines the economic and competitive logics which are the base of the liberalisation of electricity markets, and do not aim at suppressing a public service. This encompasses the search for an optimal market as economic aim, and an incentive to the opening by community law. It describes the implementation of the liberalisation process with a harmonisation at the European scale, and still different and partitioned markets. It outlines that the expected price decrease did not occur. The electricity pricing is presented as a complex process, and the sustained increase of production costs is outlined. It also outlined that this market has strengthened structural imperfections: a scarcity rent largely accessible to market powers, a strong trend to short term investment behaviour. On the other hand, environmental efficiency has a positive assessment. The next part proposes an overview of possible actions for the development and regulation of European markets: a network to be expanded and densified with better performance and a more competitive market for the benefit of the consumer, a scarcity rent which requires a market framing, a new orientation for the use of this rent. The coordination of electricity production is outlined as a necessary element for a European energy policy

  5. Multi-agent simulation of competitive electricity markets: Autonomous systems cooperation for European market modeling

    DEFF Research Database (Denmark)

    Santos, Gabriel; Pinto, Tiago; Morais, Hugo

    2015-01-01

    The electricity market restructuring, and its worldwide evolution into regional and even continental scales, along with the increasing necessity for an adequate integration of renewable energy sources, is resulting in a rising complexity in power systems operation. Several power system simulators...... have been developed in recent years with the purpose of helping operators, regulators, and involved players to understand and deal with this complex and constantly changing environment. The main contribution of this paper is given by the integration of several electricity market and power system models......, respecting to the reality of different countries. This integration is done through the development of an upper ontology which integrates the essential concepts necessary to interpret all the available information. The continuous development of Multi-Agent System for Competitive Electricity Markets platform...

  6. Russian Electricity Reform 2013 Update: Laying an Efficient and Competitive Foundation for Innovation and Modernisation

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2013-06-01

    Russia is in the process of one of the most ambitious electricity reform programs ever undertaken. The reform is crucial for Russia, with the potential to modernize and transform the sector into a key driver of longer-term economic growth and prosperity. In 2005, the IEA published a study documenting the proposed reform and highlighting some potential implementation issues. Achievements to date have been impressive by international standards, however the outcome remains uncertain. Electricity reform is entering another critical phase in Russia. The 2013 Update examines the key remaining challenges affecting the development of competitive wholesale and retail electricity markets in Russia including: market structure, market design, pricing, investment and related regulation. The report draws extensively on the experience of IEA member countries and on views expressed during consultations with key Russian stakeholders.

  7. Competition and deregulation in the electric industry. A study of organizational change: The New York State Public Service Commission

    Science.gov (United States)

    Ashley, Deborah J. Cordaro

    2000-11-01

    Public organizations are formed in response to societal needs. They collect taxes, educate children, enforce laws and provide protection to the environment, the nation and consumers. One such organization is the New York State Public Service Commission. In 1907, legislation was passed to form the New York State Public Service Commission the first regulatory body of its kind in the United States. Its mission was to provide safe, reliable and reasonably priced electricity. Subsequently, this became the model that was implemented in every state in the nation. The past decade heralds an era of competition and a lessening of regulatory control. The telephone, natural gas and airline industries are in various stages of deregulation, and the electric industry is beginning down this path as well. In an environment such as this, are regulatory organizations necessary, and if they are, how can they organize to meet the new societal requirements? The case of the New York State Public Service Commission at this point in time offers a real time study of a regulatory body immersed in an environment that is calling for competition and an end to big government. Utilizing case studies of industries that have deregulated, or are in the process of deregulating, indicates a future societal need for regulations. This result does not lead to a conclusion that organizational change is unnecessary. This Dissertation will lay out the current organizational structure of the Public Service Commission, give an overview of the environmental signals, describe the mission/core values, and illustrate general political and employee factors that are indigenous to public service. Utilizing both classic and current organizational theory, an evaluation will be made of the Commission's need for change, their ability to change, and obstacles they may encounter.

  8. Service to the Electric Utility Industry by the Ford Nuclear Reactor, University of Michigan

    International Nuclear Information System (INIS)

    Burn, R.R.; Simpson, P.A.; Cook, G.M.

    1993-01-01

    Since 1977, the staff of the University of Michigan's Ford Nuclear Reactor has been providing irradiation, testing, analytical, and training services to electric utilities and to suppliers of the nuclear electric utility industry. This paper discusses the reactor's irradiation facilities; reactor programs and utilization; materials testing programs; neutron activation analysis activities; and training programs conducted

  9. 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

  10. Incentives to Build New Generation on Competitive Electricity Markets. Conference proceedings

    International Nuclear Information System (INIS)

    2007-06-01

    The need for new investments in power generation is paramount all over the world. It has been calculated that only in Europe, there is a need of investments in the electricity sector of around 1,000,000 billion EURs during the next decade. High prices on primary energy, security of supply issues regarding imported fuels and a steadily growing concern about climate changes put an extra restrain on supply options for the future. To meet these challenges politicians, at least in Europe, try out new support schemes and other policy measures as full scale experiments. These policy measures sometimes interact very badly with competitive electricity markets. Some will argue that most of the problems we are facing have very little to do with the design of electricity markets and that the solution to the issue is not necessarily to enforce a tight regulation on the industry. But this said, the issue is so important to society that even we who like competition and have been working hard this last decade to make competitive electricity markets perform well, must be prepared to rethink. This conference once again gathers people from many different parts of the world to exchange ideas and experiences from their respective area of operations. There are four main topics for the Conference: The impact from emission trading programs; Renewable portfolio standards; Nuclear plans and distributed generation incentives; and Capacity payment and/or reserve requirements. (Five papers presented at the conference have been indexed separately. Powerpoint presentations have not been indexed but are available from the Market Design homepage)

  11. Perspectives for long-term competition in the central European electricity market

    International Nuclear Information System (INIS)

    Haas, Reinhard

    2005-01-01

    In this paper we focus on the Central European electricity market and analyse whether liberalization, deregulation, and privatization are sufficient to bring about real competition. Moreover, we discuss the relevance of the following conditions to bring about real competition and to avoid market power: 1) A rigorous correct un bundling; 2) excess capacities in transmission; 3) excess capacities in generation; 4) a large number of generators and suppliers; 5) the balanced existence of short-term (e.g. spot markets) and long-term markets (e.g. bilateral contracts, forwards); 6) full liberalization; Some major findings of this analysis are: 1) Currently, demand is continuously increasing while capacities are shut down. At least in 2009 demand will have caught up with generation capacities. This could lead to severe price spikes. 2) The Central European electricity market is separated from other markets by means of limited transmission capacities; 3) With respect to effective competition in Central Europe the major problems are: i) a very small (and continuously decreasing) number of generators, and ii) a lack of serious un bundling between generation and transmission mainly in Germany; This leads to cross-subsidization of generation by the network operation and to a heavy discrimination of other and new generators; 4) Moreover, a crucial condition for active competition is a sufficiently large transmission grid. Yet, currently especially at the border to the new EU member countries transmission capacities are rather scarce and there are no signs of extensions of the grid. This also limits the access of countries with potential excess capacities like Ukraine, Bulgaria, Romania to the Central European market The major conclusion of this analysis is: All conditions investigated above must be fulfilled simultaneously to bring about a competitive electricity market in Western Europe and the extended European Union. If only one of these conditions is missing, competition

  12. Co-opetition - local utilities between competition and co-opetition; Co-opetition - Stadtwerke zwischen Wettbewerb und Kooperation

    Energy Technology Data Exchange (ETDEWEB)

    Reichel, O.; Haller, S. [Horvath und Partners, Duesseldorf (Germany). Competence Center Utilities

    2008-05-05

    Competition and co-operation - two issues constituting a natural area of conflict especially for local utility companies facing the challenges of liberalization. Where competition seems to be the direct result of the politically driven process towards open energy markets, co-operation is a possible strategic answer for utilities that are not capable to compete successfully in individual stages of their value chain. The consequences are clear: Utilities have to align their strategies and their internal cultural settings with a basically conflicting approach: To compete via co-operation. (orig.)

  13. Welfare and competition effects of electricity interconnection between Ireland and Great Britain

    International Nuclear Information System (INIS)

    Malaguzzi Valeri, Laura

    2009-01-01

    This study analyzes the effects of additional interconnection on welfare and competition in the Irish electricity market. I simulate the wholesale electricity markets of the island of Ireland and Great Britain for 2005. I find that in order for the two markets to be integrated in 2005, additional interconnection would have to be large. The amount of interconnection decreases for high costs of carbon, since this causes the markets to become more similar. This suggests that in the absence of strategic behavior of firms, most of the gains from trade derive not from differences in size between countries, but from technology differences and are strongly influenced by fuel and carbon costs. Social welfare increases with interconnection, although at a decreasing rate. As the amount of interconnection increases, there are also positive effects on competition in Ireland, the less competitive of the two markets. Finally, it is unlikely that private investors will pay for the optimal amount of interconnection since their returns are significantly smaller than the total social benefit of interconnection. (author)

  14. Proposal for the award of a contract, without competitive tendering, for the supply of electricity

    CERN Document Server

    2000-01-01

    This document concerns the award of a contract, without competitive tendering, for the supply of electricity for the period from January 2001 until 30 June 2003. On 13 January 2000 a market survey was sent to 43 firms in sixteen Member States. Following this market survey, CERN received an unsolicited offer from EDF/EOS. With a view to verifying the competitiveness of the offer, three firms and one consortium in four Member States, qualified from the market survey, were requested to submit quotations. CERN received three quotations from two firms and the consortium which indeed confirmed that the offer from EDF/EOS was very competitive. The Finance Committee is invited to agree to the negotiation of a contract with the consortium EDF (FR)/EOS (CH), which submitted the unsolicited offer, for the supply of electricity until June 2003 for a total estimated amount, based on the present schedules of the accelerators for the associated period, of 290 000 000 French francs, not subject to revision. At the present ra...

  15. A case study review of technical and technology issues for transition of a utility load management program to provide system reliability resources in restructured electricity markets

    Energy Technology Data Exchange (ETDEWEB)

    Weller, G.H.

    2001-07-15

    Utility load management programs--including direct load control and interruptible load programs--were employed by utilities in the past as system reliability resources. With electricity industry restructuring, the context for these programs has changed; the market that was once controlled by vertically integrated utilities has become competitive, raising the question: can existing load management programs be modified so that they can effectively participate in competitive energy markets? In the short run, modified and/or improved operation of load management programs may be the most effective form of demand-side response available to the electricity system today. However, in light of recent technological advances in metering, communication, and load control, utility load management programs must be carefully reviewed in order to determine appropriate investments to support this transition. This report investigates the feasibility of and options for modifying an existing utility load management system so that it might provide reliability services (i.e. ancillary services) in the competitive markets that have resulted from electricity industry restructuring. The report is a case study of Southern California Edison's (SCE) load management programs. SCE was chosen because it operates one of the largest load management programs in the country and it operates them within a competitive wholesale electricity market. The report describes a wide range of existing and soon-to-be-available communication, control, and metering technologies that could be used to facilitate the evolution of SCE's load management programs and systems to provision of reliability services. The fundamental finding of this report is that, with modifications, SCE's load management infrastructure could be transitioned to provide critical ancillary services in competitive electricity markets, employing currently or soon-to-be available load control technologies.

  16. Price Formation and Competition in the Swedish Electricity Market. Main findings of ER 2006:13

    International Nuclear Information System (INIS)

    2006-11-01

    The Nordic electricity market can be divided into a Nordic wholesale market - the producer market - and the, national, retail markets. Nord Pool organises a 24-hour market for the physical trade of electricity, the spot market. Nord Pool also has a market place for so-called financial trade where players can (among other things) hedge themselves against price risks. Thus, the trade at Nord Pool represents the basis for trading with electricity throughout the entire Nordic market. In addition to the trade at Nord Pool, there is also bilateral trading between buyers and sellers. The report has been arranged as follows. Initially the functioning of the wholesale market is analysed, the issues addressed include the price formation in the spot market, the functioning of the financial market, as well as the price development in the spot market. The section ends with an analysis of the competitive situation in the Nordic wholesale market with a focus on Sweden. The next section focuses on how a potential introduction of Elspot areas in Sweden might affect the conditions for competition. The third section looks at certain conditions in the Swedish retail market and on certain consequences for households and electricity-intensive industry due to the price increases in recent years. The report concludes with the Energy Markets Inspectorate's deliberations on the need for measures to be undertaken in the Swedish and Nordic electricity market. The concentration on the Nordic electricity market is at a level where the authorities monitoring competition need to counteract changes that lead to further concentration. The present structure of the market, with an increasingly high concentration and co-ownership of power stations, also places demands on the authorities responsible for monitoring competition to implement measures designed to detect and to prevent the possible abuse of market power. There is a substantial need for research on competition and efficiency on the

  17. Mergers, acquisitions, divestitures, and applications for market-based rates in a deregulating electric utility industry

    International Nuclear Information System (INIS)

    Cox, A.J.

    1999-01-01

    In this article, the author reviews FERC's current procedures for undertaking competitive analysis. The current procedure for evaluating the competitive impact of transactions in the electric utility industry is described in Order 592, in particular Appendix A. These procedures effectively revised criteria that had been laid out in Commonwealth Edison and brought its merger policy in line with the EPAct and the provisions of Order 888. Order 592 was an attempt to provide more certainty and expedition in handling mergers. It established three criteria that had to be satisfied for a merger to be approved: Post-merger market power must be within acceptable thresholds or be satisfactorily mitigated, acceptable customer protections must be in place (to ensure that rates will not go up as a result of increased costs) and any adverse effect on regulation must be addressed. FERC states that its Order 592 Merger Policy Statement is based upon the Horizontal Merger Guidelines issued jointly by the Federal Trade Commission and the Antitrust Division Department of Justice (FTC/DOJ Merger Guidelines). While it borrows much of the language and basic concepts of the Merger Guidelines, FERC's procedures have been criticized as not following the methodology closely enough, leaving open the possibility of mistakes in market definition

  18. Mergers, acquisitions, divestitures, and applications for market-based rates in a deregulating electric utility industry

    Energy Technology Data Exchange (ETDEWEB)

    Cox, A.J.

    1999-05-01

    In this article, the author reviews FERC's current procedures for undertaking competitive analysis. The current procedure for evaluating the competitive impact of transactions in the electric utility industry is described in Order 592, in particular Appendix A. These procedures effectively revised criteria that had been laid out in Commonwealth Edison and brought its merger policy in line with the EPAct and the provisions of Order 888. Order 592 was an attempt to provide more certainty and expedition in handling mergers. It established three criteria that had to be satisfied for a merger to be approved: Post-merger market power must be within acceptable thresholds or be satisfactorily mitigated, acceptable customer protections must be in place (to ensure that rates will not go up as a result of increased costs) and any adverse effect on regulation must be addressed. FERC states that its Order 592 Merger Policy Statement is based upon the Horizontal Merger Guidelines issued jointly by the Federal Trade Commission and the Antitrust Division Department of Justice (FTC/DOJ Merger Guidelines). While it borrows much of the language and basic concepts of the Merger Guidelines, FERC's procedures have been criticized as not following the methodology closely enough, leaving open the possibility of mistakes in market definition.

  19. Load Forecasting in Electric Utility Integrated Resource Planning

    Energy Technology Data Exchange (ETDEWEB)

    Carvallo, Juan Pablo [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Larsen, Peter H. [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Sanstad, Alan H [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Goldman, Charles A. [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States)

    2017-07-19

    Integrated resource planning (IRP) is a process used by many vertically-integrated U.S. electric utilities to determine least-cost/risk supply and demand-side resources that meet government policy objectives and future obligations to customers and, in many cases, shareholders. Forecasts of energy and peak demand are a critical component of the IRP process. There have been few, if any, quantitative studies of IRP long-run (planning horizons of two decades) load forecast performance and its relationship to resource planning and actual procurement decisions. In this paper, we evaluate load forecasting methods, assumptions, and outcomes for 12 Western U.S. utilities by examining and comparing plans filed in the early 2000s against recent plans, up to year 2014. We find a convergence in the methods and data sources used. We also find that forecasts in more recent IRPs generally took account of new information, but that there continued to be a systematic over-estimation of load growth rates during the period studied. We compare planned and procured resource expansion against customer load and year-to-year load growth rates, but do not find a direct relationship. Load sensitivities performed in resource plans do not appear to be related to later procurement strategies even in the presence of large forecast errors. These findings suggest that resource procurement decisions may be driven by other factors than customer load growth. Our results have important implications for the integrated resource planning process, namely that load forecast accuracy may not be as important for resource procurement as is generally believed, that load forecast sensitivities could be used to improve the procurement process, and that management of load uncertainty should be prioritized over more complex forecasting techniques.

  20. Competition and equilibria in electricity markets based on two-settlement system: A conjectural variation approach

    Science.gov (United States)

    Watts, David

    This dissertation studies electricity markets based on two-settlement systems and applies the concept of conjectural variation (CV) as a tool for representing different levels of competitiveness in the market. Some recent theoretical works are addressed to support the use of CV as a solution concept. A notion of consistency is introduced to make the level of competitiveness of the market endogenous, and allows finding consistent CV equilibria and the corresponding conditions for existence of equilibria. First, a case is studied in which firms hold exogenous levels of forward commitments. Then, backward induction and sub-game perfection are used to solve sequentially for the spot and forward market equilibrium. This allows analyzing how firms take positions in the forward market, based on considering their later impact on the spot market. It is concluded that positions taken in the forward market depend largely on firms expectations about the competitiveness of both the spot and the forward market. Forward markets are welfare enhancing even if they are not as competitive as the associated spot market as long as they are not too oligopolistie. The above formulation is used to model a dynamic scenario to analyze market stability, linking this research to Dr. Alvarado's earlier research on market stability. This brings about interesting trade offs between market power and market stability.

  1. Commercial statistical bulletin of the Brazilian electric utility Centrais Eletricas de Santa Catarina S.A

    International Nuclear Information System (INIS)

    1996-04-01

    Statistical data concerning the Brazilian Centrais Eletricas de Santa Catarina S.A. utility relative to April 1996 are presented. They include, among other things, electricity consumption, number and class of consumers and electricity rates

  2. Methodical consultancy on optimized applications planning of industrial electrical process heat systems in competitive markets; Systematische Beratung zum optimierten Einsatz industrieller Elektroprozesswaermeanlagen im Wettbewerbsmarkt

    Energy Technology Data Exchange (ETDEWEB)

    Sonnenschein, P.

    1998-12-31

    In the competitive electricity market, industrial customers of electric utilities increasingly are in the position to demand from their power suppliers services tailored to their needs as well as excellent quality of products and services, and at competitive prices at that. The utilities therefore have to negotiate contracts with their customers for customization of services based on jointly performed analyses, with the relevant consequences for themselves in terms of utility and business management. Customer information and counselling on energy utilization and conservation has been crystallizing as an essential service demanded by the customers. The publication in hand is a tool of reference for utilities, presenting systematic guidance and strategies for achieving enhanced efficiency in processes such as customer care, soliciting of customers, and performance of services. The project examples given show that both customers and the utilities profit from the management approaches explained. It is recommended that in future, the marketing training of utility staff should be designed along the lines of education, training and on-the-job training schemes of sales engineers of other branches of industry in competitive markets. (orig./CB) [Deutsch] Die industriellen Kunden der Energieversorgungsunternehmen (EVU) konfrontieren ihre Lieferanten im neuen Wettbewerbsmarkt mit Forderungen nach individueller Betreuung sowie exzellenten Produkt- und Servicequalitaeten - und dies alles zu wettbewerbsfaehigen Preisen. Die Anforderungen an Energiedienstleistungen werden zunaechst aus Sicht der Kunden analysiert und die Konsequenzen fuer das Management von Geschaeftsbeziehungen dargelegt. Hierbei kristallisiert sich die Energieberatung als ein wesentliches Element der Energiedienstleistungen heraus. Mit der entwickelten Beratungssystematik sollen sowohl die Effektivitaet bei der Betreuung und der Akquisition der Kunden als auch die Effizienz bei der Erbringung der

  3. Contracts on electric power supply set up between communities (communal associations, countries) and public electricity utilities

    Energy Technology Data Exchange (ETDEWEB)

    Hedrich, B

    1976-01-01

    There is not any original communal right to energy supply for the population. The affiliation of local power supply to the local administration cannot be justified either by the public purpose of service or by the term provision of existence. The utilities do not get a communal license when getting the so-called licensing contract. According to its legal nature, the licensing contract is a mixture of legal positions composed of elements of the civil law and the public law. (Administrative lawsuit). The so-called power supply contract is a mutual legal relationship under civil law on the utilization of electric power, made to last. (Permanent obligation for utilization). When concluding both contracts, it is a matter of economic activities undertaken by the communities. Fiscal considerations are in the foreground. Legal regulations concerning roads and distances and serving as starting points for concluding a licensing contract are alien to the system and are to be abolished. Communities should only be responsible for local energy supply on a basis under public law. In lieu of it a stronger obligation to be met by large utilities ought to be ensured by ties under public law.

  4. Bidding strategy based on artificial intelligence for a competitive electric market

    International Nuclear Information System (INIS)

    Hong, Y.-Y.; Tsai, S.-W.; Weng, M.-T.

    2001-01-01

    A bidding strategy using a fuzzy-c-mean (FCM) algorithm and the artificial neural network (ANN) was developed for competitive electric markets. The nodal price information was assumed to be released into the market. The FCM was used, first, to classify the daily load pattern into peak, medium-peak and off-peak levels and, secondly, to classify the competitive generation companies (gencos) into less-menacing, possible-menacing and menacing gencos. The back-propagation ANN was used for determining the bidding price for a genco. The FCM results aided in lessening the training data and reducing the ANN input nodes. The IEEE 30-busbar system was used for illustrating the applicability of the proposed method. (Author)

  5. Bidding strategy based on artificial intelligence for a competitive electric market

    Energy Technology Data Exchange (ETDEWEB)

    Hong, Y.-Y.; Tsai, S.-W.; Weng, M.-T. [Chung Yuan Univ., Dept. of Electrical Engineering, Chung Li (China)

    2001-03-01

    A bidding strategy using a fuzzy-c-mean (FCM) algorithm and the artificial neural network (ANN) was developed for competitive electric markets. The nodal price information was assumed to be released into the market. The FCM was used, first, to classify the daily load pattern into peak, medium-peak and off-peak levels and, secondly, to classify the competitive generation companies (gencos) into less-menacing, possible-menacing and menacing gencos. The back-propagation ANN was used for determining the bidding price for a genco. The FCM results aided in lessening the training data and reducing the ANN input nodes. The IEEE 30-busbar system was used for illustrating the applicability of the proposed method. (Author)

  6. Determining the Interruptible Load with Strategic Behavior in a Competitive Electricity Market

    Directory of Open Access Journals (Sweden)

    Tae Hyun Yoo

    2014-12-01

    Full Text Available In a deregulated market, independent system operators meet power balance based on supply and demand bids to maximize social welfare. Since electricity markets are typically oligopolies, players with market power may withhold capacity to maximize profit. Such exercise of market power can lead to various problems, including increased electricity prices, and hence lower social welfare. Here we propose an approach to maximize social welfare and prevent the exercising of market power by means of interruptible loads in a competitive market environment. Our approach enables management of the market power by analyzing the benefit to the companies of capacity withdrawal and scheduling resources with interruptible loads. Our formulation shows that we can prevent power companies and demand-resource owners from exercising market powers. The oligopolistic conditions are described using the Cournot model to reflect the capacity withdrawal in electricity markets. The numerical results confirm the effectiveness of proposed method, via a comparison of perfect competition and oligopoly scenarios. Our approach provides reductions in market-clearing prices, increases in social welfare, and more equal distribution of surpluses between players.

  7. Grid parity. Holy Grail or hype? Photovoltaic solar electricity on its way to competitiveness

    International Nuclear Information System (INIS)

    Sinke, W.C.

    2009-05-01

    Solar energy has a huge global and European potential for sustainable generation of electricity, heat and fuels. Photovoltaic solar energy conversion (PV) and concentrating solar power (CSP) are the two options for electricity generation. In the longer term they may also be used to generate sustainable fuel, especially hydrogen, if that would turn out to be useful in the total energy mix. Because of the different nature of the PV and CSP conversion processes and the related distinctive features, they can be considered largely complementary Clearly, the combination of the two absolutely makes a winning team and may form (or even has to form) the basis of our future sustainable energy system. Grid parity is a rather simplified indicator of the competitiveness of PV. It is nevertheless very useful since it assumes the viewpoint of a potential investor in a PV system and has thus helped to define potential markets. Moreover the concept does roughly illustrate how long it takes PV to reach competitiveness in different segments of the electricity market. It may not be the Holy Grail but it is certainly no hype either. When used with care it is one key to the success of PV.

  8. Basic strategies in the electric power industry in the new competitive environment

    International Nuclear Information System (INIS)

    Ribeiro Filho, Ary Pinto; Moraes, Walter Fernando Araujo de

    1999-01-01

    This work identifies the probable strategic characteristics of the interconnected North-Northeast Brazilian electricity industry, after the current restructuring and privatization process has been implemented. It is a 15.0 thousand MW generation industry supplying more than 33.5 million consumers. The normative scenery for analysis of the electricity industry takes into consideration the premises that the government establishes the vertical separation of generation, transmission, distribution and retailing, and introduces the regulation to a competitive industrial structure in generation and retailing. It is assumed that free access to transmit and distribute electricity and broad choices for consumers are the main features for competition in both generation and retailing. The essence of formulating strategy is to relate a company with its environment, considering the industrial structure. The probable generic strategies and industrial trends are presented, and considerations are made concerned with the future expansion capacity. Finally, in the new industrial structure which will settle after the deregulation and privatization, the main strategic issues of the companies will likely focus on: profitability, cost control, managerial competence, consumer behavior, and new technologies, in special the ones related to modern thermal power plants. (author)

  9. National Maglev initiative: California line electric utility power system requirements

    Science.gov (United States)

    Save, Phil

    1994-01-01

    The electrical utility power system requirements were determined for a Maglev line from San Diego to San Francisco and Sacramento with a maximum capacity of 12,000 passengers an hour in each direction at a speed of 300 miles per hour, or one train every 30 seconds in each direction. Basically the Maglev line requires one 50-MVA substation every 12.5 miles. The need for new power lines to serve these substations and their voltage levels are based not only on equipment loading criteria but also on limitations due to voltage flicker and harmonics created by the Maglev system. The resulting power system requirements and their costs depend mostly on the geographical area, urban or suburban with 'strong' power systems, or mountains and rural areas with 'weak' power systems. A reliability evaluation indicated that emergency power sources, such as a 10-MW battery at each substation, were not justified if sufficient redundancy is provided in the design of the substations and the power lines serving them. With a cost of $5.6 M per mile, the power system requirements, including the 12-kV DC cables and the inverters along the Maglev line, were found to be the second largest cost component of the Maglev system, after the cost of the guideway system ($9.1 M per mile), out of a total cost of $23 M per mile.

  10. A NOx control regulation for electric utility boilers in California

    International Nuclear Information System (INIS)

    Price, D.R.

    1992-01-01

    The reduction of oxides of nitrogen emissions is becoming an increasingly important part of ozone attainment plans. As a part of its ozone attainment plan, the Ventura County (California) Air Pollution Control Board adopted in June, 1991, a regulation (Rule 59) to limit oxides of nitrogen emissions from four electrical utility boilers in the county. Rule development took two years and involved considerable public input. The emission limit for each of two 750 megawatt units is set at 0.10 pounds of NO x per megawatt-hour net after June, 1994. The emission limit for each of two 215 megawatt units is 0.20 pounds of NO x per megawatt-hour after June, 1996. Additional limitations are included for fuel oil operation. The rule does not specify an emission control technology. Conventional selective catalytic reduction, urea injection and combustion modifications are considered the technologies most likely to be used to comply. At $17,613 per ton of NO x reduced for the two large boilers and $8.992 per ton of NO x reduced for the small boilers, the rule is considered cost effective. The capital cost for conventional selective catalytic reduction systems on all four boilers is expected to be in excess of $210,000,000

  11. Competition in the European electricity market - really a chance?; Wettbewerb im europaeischen Strommarkt - wirklich eine Chance?

    Energy Technology Data Exchange (ETDEWEB)

    Holzer, J [Bayernwerk AG, Muenchen (Germany)

    1993-12-31

    This report throws a critical look at the targets and guidelines aimed at by the EC Commission in order to change the present regulative frame of electricity supply. Particularly the difference between the German, French and British situation is shown. In the opinion of German electric utilities the principle of closed supply areas has to be sticked to. Finally the necessity is emphasized to use energy policy to solve quickly some problems in order to improve the standing of German electric utilities. (UA) [Deutsch] Der Vortrag beinhaltet eine kritische Auseinandersetzung mit den von der EG-Kommision verfolgten Zielen und Richtlinien zur Aenderung des bisherigen Ordnungsrahmens in der Elektrizitaetsversorgung. Insbesondere werden die Unterschiede im Vergleich zwischen deutschen, franzoesischen und englischen Verhaeltnissen herausgestellt. Nach Ausicht der deutschen EVUs muss das Prinzip der geschlossenen Versorgungsgebiete erhalten bleiben. Abschliessend wird die Forderung unterstrichen, die Loesung einiger Probleme durch die Energiepolitik voranzutreiben, um die Position der deutschen Elektrizitaetsversorgung zu verbessern. (UA)

  12. Financial statistics of major US investor-owned electric utilities 1994

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1995-12-01

    The Financial Statistics of Major U.S. Investor-Owned Electric Utilities publication presents summary and detailed financial accounting data on the investor-owned electric utilities. The objective of the publication is to provide Federal and State Governments, industry, and the general public with current and historical data that can be used for making policy and decisions relating to investor-owned electric utility issues.

  13. Financial statistics of major U.S. investor-owned electric utilities 1993

    Energy Technology Data Exchange (ETDEWEB)

    1995-01-01

    The Financial Statistics of Major US Investor-Owned Electric Utilities publication presents summary and detailed financial accounting data on the investor-owned electric utilities. The objective of the publication is to provide Federal and State governments, industry, and the general public with current and historical data that can be used for policymaking and decisionmaking purposes related to investor-owned electric utility issues.

  14. Facing competitive pressures

    International Nuclear Information System (INIS)

    Weinrich, H.

    1994-01-01

    This article discusses the problems facing the electric power industry and professional personnel as a result of economic downturn and the resulting down sizing of individual companies and utilities. The author proposes that the most efficient use of technology will have greater impact in making a utility more competitive than reducing the head count

  15. Competitive business and marketing strategies for utilities: how to thrive in a deregulated energy marketplace

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1999-07-01

    Materials submitted by the speakers at this seminar on marketing strategies for electric utilities are contained in this binder. A dozen papers were presented, discussing topics ranging from advice to retail customers on how to find their way through the existing mire of legislation, codes and licenses, through tips and suggestions to utilities on capturing customers who fail to choose a provider, understanding performance-based regulation, developing innovative pricing strategies, using customer profiling and market segmentation techniques to identify and target different customer groups, bundling services to add value, creating branding strategies to achieve product differentiation and the impact of metering technology development on retail business. In most instances no complete text, only viewgraphs are available. Two half-day workshops, one on investing in a new product or service, the other on market uncertainties, and risks and rewards facing energy distributors, were also held under the auspices of the conference.

  16. The economic competitiveness and emissions of battery electric vehicles in China

    International Nuclear Information System (INIS)

    Zhao, Xin; Doering, Otto C.; Tyner, Wallace E.

    2015-01-01

    Highlights: • We evaluate the life-cycle cost and emissions of BEVs in China. • BEVs are not economically competitive compared with ICEVs in the Chinese market. • The value of emission reductions is small compared with the subsidy on BEVs. • The CO 2 emission reduction from BEVs is relatively constant over the time. • BEVs likely will not be economically competitive in China before 2031. - Abstract: Electric vehicles (EVs) have high energy efficiency and low pollutant and greenhouse gas (GHG) emissions compared with conventional internal combustion engine vehicles (ICEVs). This study examines the economic competitiveness of battery electric vehicles (BEVs) in the Chinese market. BEVs are compared with ICEVs using benefit-cost analyses from the perspectives of consumers, society and GHG emissions. A life-cycle cost model is developed to evaluate the lifetime cost of a vehicle. The results show that, with central government subsidies, the BEV life-cycle private cost (LCPC) is about 1.4 times higher than comparable ICEVs. Central government subsidies on BEVs will not be cost effective and efficient unless the annual external cost reduction from using BEV reaches $2500 for a compact vehicle or $3600 for a multi-purpose vehicle. That total cost level would imply a carbon cost of more than $2100 per ton. The current life-cycle external cost reductions from using BEV are around $2000–$2300, which are smaller than government subsidies or LCPC differences between BEV and ICEV. Further projections show that BEVs likely will not be economically competitive in the Chinese market before 2031

  17. Why do electricity utilities cooperate with coal suppliers? A theoretical and empirical analysis from China

    International Nuclear Information System (INIS)

    Zhao Xiaoli; Lyon, Thomas P.; Wang Feng; Song Cui

    2012-01-01

    The asymmetry of Chinese coal and electricity pricing reforms leads to serious conflict between coal suppliers and electricity utilities. Electricity utilities experience significant losses as a result of conflict: severe coal price fluctuations, and uncertainty in the quantity and quality of coal supplies. This paper explores whether establishing cooperative relationships between coal suppliers and electricity utilities can resolve conflicts. We begin with a discussion of the history of coal and electricity pricing reforms, and then conduct a theoretical analysis of relational contracting to provide a new perspective on the drivers behind the establishment of cooperative relationships between the two parties. Finally, we empirically investigate the role of cooperative relationships and the establishment of mine-mouth power plants on the performance of electricity utilities. The results show that relational contracting between electricity utilities and coal suppliers improves the market performance of electricity utilities; meanwhile, the transportation cost savings derived from mine-mouth power plants are of importance in improving the performance of electricity utilities. - Highlights: ► We discuss the history of coal and electricity pricing reforms. ► The roots of conflicts between electricity and coal firms are presented. ► We conduct a theoretical analysis of relational contracting. ► The role of mine-mouth power plants on the performance of power firms is examined.

  18. Production and competition in the European electric sector. 4. report from the research project 'renewable energy in the community's internal market'

    International Nuclear Information System (INIS)

    Kjersgaard, A.

    1997-01-01

    The aim is to elucidate the dynamic interactive pricing, competition and market mechanisms that are valid for the European electric power market. The perspective in the report is to analyse the vertical flow of substance and values of energy, the interaction of the actors, and the economic relations. The first link in the vertical chain is the energy raw materials supplies: the reserves and production of fossil and nuclear fuels and the relation to globalization of electricity production. The next link is the production of electricity: the production technologies used and their positioning, the importance of large trans-national utilities in relation to technological changes. The third link is the market and the changes of the market between production, transmission, distribution and consumption of electricity, and the consequences of these changes. Two horizontal regulating sectional views are analysed: The European Union regulations of the electric power sector and the Danish regulations of power supplies. Finally, production and competition of electric power from renewable energy sources, i.e. wind power, in a future European energy market is put into perspective. (LN) 134 refs

  19. The electricity market. Situation and predictions 2018 - Sectoral and competitive analysis

    International Nuclear Information System (INIS)

    2017-01-01

    This document comprises two reports. A first one, published and updated three times a year, and a second one which is a yearly publication. The first one, based on an analysis of market perspectives and of actor strategies, proposes a synthesis on the consequences of the evolution of the economic environment, on major trends noticed for the electric power sector, and on predictable evolutions. It proposes the most recent data regarding the activities of about 200 firms belonging to the power sector (notably in terms of turnover and of electric power consumption). It highlights recent events for companies of the sector: takeovers, investments, restructuring, introduction of new products, and so on. It proposes a sector-based dashboard which contains all the critical figures useful to analyse the sector situation (activity determining factors, key figures for the sector and its environment). The annual report proposes a presentation of the sector and of the determining factors of its activity, an analysis of the activity evolution (trends, indicators like turnover, electric power consumption and production, prices and regulated tariffs, power imports and exports), a presentation of financial performance of electricity producers, a description of the sector economic structure (evolution of the economic tissue, analysis of structural characteristics), and a presentation of actors and of the competitive landscape (ranking and positioning of electric power providers and producers, market shares, identity sheets of the main actors, highlights, and ranking of the main companies in terms of turnover and of financial performance)

  20. Examining the dark side of competition

    International Nuclear Information System (INIS)

    Blake, M.

    1990-01-01

    This article examines the effect that increased competition among electric power suppliers will have on overall service to the customer and to profits. Some topics discussed are the coexistence of competition and cooperation, electric utility profits at risk and the dark side of competition - business failures. The author feels there is a basic conflict between some of the features of the competitive market model and the obligation to serve

  1. Analysis of electric vehicle impacts in New Mexico urban utility distribution infrastructure.

    Energy Technology Data Exchange (ETDEWEB)

    Arellano, B. [Public Utility Service Company of New Mexico, Albuquerque, NM (United States); Sena, Santiago [Univ. of New Mexico, Albuquerque, NM (United States); Lavrova, Olga [Univ. of New Mexico, Albuquerque, NM (United States); Stratton, S. [Public Utility Service Company of New Mexico, Albuquerque, NM (United States); Abdollahy, S. [Univ. of New Mexico, Albuquerque, NM (United States); Hawkins, J. [Public Utility Service Company of New Mexico, Albuquerque, NM (United States)

    2013-06-16

    Modeling is going to play a crucial role for utilities as Electric Vehicle (EV) ownership percentage increases. Utilities anticipate new demand peaks due to EV charging loads, particularly at high penetration levels.

  2. Imported mineral coal: competitiveness for electric power generation in northeast of Brazil

    International Nuclear Information System (INIS)

    Codeceira Neto, A.; Ribeiro Filho, A.P.R.; Silva, S.P.R. da

    1993-01-01

    With the hydroelectric potential exhaustion of northeast and with the increase of costs to the use of hydroelectric uses available in Brazil, the thermoelectric generation will be able to become a competitive solution to attend the market of electric power. This work has as purpose describe the options of imported coal use to Brazilian northeast its technological aspects, the environmental question, and the preliminary studies of localization and the costs associated on implantation of coal thermoelectric power plants. 7 refs, 3 figs, 6 tabs

  3. Forecasting Day-Ahead Electricity Prices : Utilizing Hourly Prices

    NARCIS (Netherlands)

    E. Raviv (Eran); K.E. Bouwman (Kees); D.J.C. van Dijk (Dick)

    2013-01-01

    textabstractThe daily average price of electricity represents the price of electricity to be delivered over the full next day and serves as a key reference price in the electricity market. It is an aggregate that equals the average of hourly prices for delivery during each of the 24 individual

  4. Cost functions and the electric utility industry. A contribution to the debate on deregulation

    International Nuclear Information System (INIS)

    Ramos-Real, F.J.

    2005-01-01

    This study analyses the main articles that estimate cost functions in the electricity utility industry with a view to studying of the initial arguments for proposing competition and vertical disintegration. The works reviewed here, in general terms, confirm the initial arguments in favour of the deregulation process, mainly, the exhaustion of scale economies for moderate size firms in generation and the condition of natural monopoly for transmission and distribution. However, the savings obtained from undertaking different activities together should be kept in mind when restructuring the sector. On the other hand, the improvements in productivity deriving from the reforms have not translated into reductions in the price of electricity in many countries. These last two results suggest the need for appropriate market regulation for the deregulation process to translate into an improvement in how the sector works and into benefits for consumers. There is still insufficient empirical literature on these issues due to the fact that the process is still ongoing in many countries and more time will have to transpire before sufficient data is available

  5. A uniform price auction with locational price adjustments for competitive electricity markets

    International Nuclear Information System (INIS)

    Ethier, R.; Mount, T.; Schulze, W.; Zimmerman, R.; Thomas, R.

    1999-01-01

    Competitive electricity markets which rely on centralized dispatch require a mechanism to solicit offers from competing generators. Ideally, such an auction mechanism, provides incentives to submit offers equal to the marginal cost of generation for each generator. Economic theory suggests that the Uniform Price auction is an appropriate institution. However, an efficient implementation of this auction in an electricity context requires that the offers used in the auction reflect the appropriate locational price adjustments for transmission losses and congestion. This paper describes a uniform price auction that incorporates locational price adjustments on a Web-based platform suitable for experimentation. Preliminary results show dramatically different price and revenue results when compared with a simple continuous Discriminative auction. (author)

  6. Day-Ahead Self-Scheduling of Thermal Generator in Competitive Electricity Market Using Hybrid PSO

    DEFF Research Database (Denmark)

    Pindoriya, N.M.; Singh, Sri Niwas; Østergaard, Jacob

    2009-01-01

    in day-ahead energy market subject to operational constraints and 2) at the same time, to minimize the risk due to uncertainty in price forecast. Therefore, it is a conflicting biobjective optimization problem which has both binary and continuous optimization variables considered as constrained mixed......This paper presents a hybrid particle swarm optimization algorithm (HPSO) to solve the day-ahead selfscheduling for thermal power producer in competitive electricity market. The objective functions considered to model the selfscheduling problem are: 1) to maximize the profit from selling energy...... integer nonlinear programming. To demonstrate the effectiveness of the proposed method for self-scheduling in a dayahead energy market, the locational margin price (LMP) forecast uncertainty in PJM electricity market is considered. An adaptive wavelet neural network (AWNN) is used to forecast the dayahead...

  7. Impact of competitive electricity market on renewable generation technology choice and policies in the United States

    International Nuclear Information System (INIS)

    Sarkar, Ashok

    1999-01-01

    Market objectives based on private value judgments will conflict with social policy objectives toward environmental quality in an emerging restructured electricity industry. This might affect the choice of renewables in the future generation mix. The US electricity industry's long-term capacity planning and operations is simulated for alternative market paradigms to study this impact. The analysis indicates that the share of renewable energy generation sources would decrease and emissions would increase considerably in a more competitive industry, with greater impact occurring in a monopoly market. Alternative environmental policy options can overcome market failures and help achieve appropriate levels of renewable generation. An evaluation of these policies indicate their varying cost-effectiveness, with higher levels of intervention necessary if market power exists. (Author)

  8. Competitive (AP7) and non-competitive (MK-801) NMDA receptor antagonists differentially alter glucose utilization in rat cortex

    International Nuclear Information System (INIS)

    Clow, D.W.; Lee, S.J.; Hammer, R.P. Jr.

    1991-01-01

    The effects of D,L-2-amino-7-phosphonoheptanoic acid (AP7), a competitive N-methyl-D-aspartate (NMDA) receptor antagonist, and MK-801, a non-competitive NMDA receptor antagonist, on regional brain metabolism were studied in unanesthetized, freely moving rats by using the quantitative 14 C2-deoxyglucose autoradiographic procedure. AP7 (338 or 901 mg/kg) produced a dose-dependent decrease of metabolic activity throughout most of the regions studied including sensory, motor, and limbic cortices. In contrast, MK-801 (0.1 or 1.0 mg/kg) resulted in a dose-dependent decrease of metabolic activity in sensory cortices, and an increase in limbic regions such as the hippocampal stratum lacunosum moleculare and entorhinal cortex. MK-801 also produced a biphasic response in agranular motor cortex, whereby the low dose increased while the high dose decreased labeling. In addition, MK-801 produced heterogeneous effects on regional cerebral metabolism in sensory cortices. Metabolic activity decreased in layer IV relative to layer Va following MK-801 treatment in primary somatosensory (SI) and visual (VI) cortices, suggesting a shift in activity from afferent fibers innervating layer IV to those innervating layer Va. MK-801 administration also decreased metabolic activity in granular SI relative to dysgranular SI, and in VI relative to secondary visual cortex (VII), thus providing a relative sparing of activity in dysgranular SI and VII. Thus, the non-competitive NMDA receptor antagonist suppressed activity from extrinsic neocortical sources, enhancing relative intracortical activity and stimulating limbic regions, while the competitive NMDA antagonist depressed metabolic activity in all cortical regions

  9. Reliability of supply in competitive electricity markets: The Nordic electricity Market

    International Nuclear Information System (INIS)

    Singh, Balbir

    2005-12-01

    An overview of the current regulation and performance of the network utilities with respect to the reliability of supply across Europe in general indicates wide variation. On the regional level the situation in the Nordic market is no exception. Can the variation in reliability of supply in Nordic region be explained by differences in regulatory frameworks in the Nordic countries and is it possible to draw any best practice lessons for other countries and regions? The Norwegian regulation and performance with respect to reliability criterion is encouraging, however it must be emphasized that the Norwegian experience with reliability regulation in its current form covers a period of 3 years, a period that is too short to evaluate the Norwegian model. A closer examination of the Norwegian model reveals dynamic trade off in reliability performance, which if permanent may endanger the reliability of supply in the long-run. Last, but not the least important is the criterion that choice of regulation should be based on a careful social cost-benefit analysis of the regulatory model where both cost incurred by the regulatory agencies and the compliance costs incurred by the regulated utilities are included. A preliminary analysis of regulatory agencies in the Nordic market indicates that Norwegian model of network regulation is quite resource incentive. While it is premature to draw conclusions about the national regulatory mechanisms, the Nordic cross border regulation through voluntary arrangements under the auspices of NORDEL provides a good example of an arrangement that is useful when implementation of a formal regulatory regime across different jurisdiction is not possible

  10. The retail market for electric power. Competition and consumer analysis; Denmark; Detailmarkedet for elektricitet. Konkurrence- og forbrugeranalyse

    Energy Technology Data Exchange (ETDEWEB)

    2011-12-15

    The Danish Competition and Consumer Authority has examined the market for electricity to consumers. It is a market that has great importance for the Danish consumers, and it is a market where competition could make a difference for consumers, businesses and the settlement of the Danish climate objectives. An average Danish household spends over DKK 7,000 a year on electricity. Average household expenditures for electricity will probably increase with the electric cars and electric-powered heat pumps will constitute a larger share of the Danish electricity consumption in the future. Simultaneously, the electricity market is difficult to understand for consumers, and there is generally a weak market competition. The analyses in this report show that there is a large untapped potential for economic gains through innovation, increased competition and a more efficient use of resources in the electricity sector. A realization of the potential for economic gains can be beneficial to consumers, businesses and environment. If the potential for economic gains is to be realized, it is necessary to change the regulation of the market. (LN)

  11. Evaluation of the electric utility missions; Evaluation des missions de service public de l'electricite

    Energy Technology Data Exchange (ETDEWEB)

    Syrota, J

    2000-07-01

    The French law from February 10, 2000, about the modernization and development of the electric utility, has created new missions of public utility and foresees some compensation mechanisms for not handicapping the power operators in charge of these missions and for not creating competition distortions to their detriment on the European market. The author explains, first, the financial and economical stakes linked with these new missions. Then, he evokes the evolution of the energy context that has taken place between the 2. World war and the enforcement of the February 10, 2000 law, and he analyzes the systems foreseen for the power generation and distribution. For each public utility charge, the existing dispositions and those introduced by the law are analyzed and compared to the equivalent systems existing in other countries. Then, charge evaluation criteria and sharing rules and proposed. (J.S.)

  12. The Ambiguities of Competition. Electricite de France and the Privatization of Electricity

    International Nuclear Information System (INIS)

    Boiteux, M.

    2007-01-01

    The European Union has decided that electricity supply should be opened up to greater competition; in France the last phase will be reached in July 2007. However competition, which is supposed to bring about lower prices and improvements in the quality of service, threatens in fact to deliver none of these benefits, according to the honorary president of Electricite de France (EDF)., One reason for this is that the EDF's prices were already well below those in the rest of Europe because the firm has always been strictly managed; this factor has been much more important than the advantages which some consider that the EDF derives from its nuclear power plants. Another reason is that there are inevitable limits to competition because of the 'natural monopolies' related to the distribution networks. Lastly, Marcel Boiteux, arguing from the EDF's experience, warns us against the Brussels authorities' rather too blind faith in market forces. He demonstrates here, adducing specific examples, how naive it is to imagine that the best results are spontaneously achieved by the market alone. Along the way, he offers justifications for France's decision to rely on nuclear power and the investments made to that end; he points out that, while the EDF did indeed enjoy some state support, the state benefited much more. (author)

  13. The destabilization of the French electricity supply industry nascent competition in an open environment

    Energy Technology Data Exchange (ETDEWEB)

    Finon, D

    2001-06-01

    In February 2000 France, compelled by the 1996 European Directive 96/92, undertook a minimal reform of the organisation of its electricity industry, while preserving the boundaries of the incumbent company. The aim of this paper is to analyse the conditions of destabilization of the industrial organisation of the French ESI, by identifying the economic factors of endogenous and exogenous erosion. Firstly, after setting out the main elements of the French reform, which is aimed at making the electricity market contestable, the effectiveness of the ''contestability'' of the French power market is discussed. Secondly in order to test the stability of the new institutional arrangements, an institutional prospect is developed, on the basis of economic factors of instability and resistance, to produce two contrasting scenarios: one in which the particularly French model is retained (limited contestability market scenario); another in which there is movement towards a de-integrated competitive model (contamination by competition scenario). Thirdly the author concludes on the basis of recent elements, that the future would be a mix of these two trajectories which will come within in the progressive integration of the national markets in continental Europe. (A.L.B.)

  14. Analysis of the competition situation in the Danish and Norwegian retail market for electric power

    International Nuclear Information System (INIS)

    2005-01-01

    In connection with the revision of the Danish Energy Act, Energitilsynet (The Danish Energy Regulatory Authority DERA) has worked out directions for how to determine the electric power prices for customers whose annual consumption is less than 100 000 kWh and hourly metered customers with so-called obliged supply agreements. The directions were first applied in the first quarter of 2005 and led to down-regulation of prices for a number of supply companies. The analysis shows that the competition works satisfactorily and should rather be supplied with other steps such as increased information. Moreover the analysis points out that the price regulation that is currently done cannot easily be combined with the goal of a free electricity market. Price regulation will hamper new business start-ups and innovation, in addition to the fact that market-based contracts run the risk of being ousted. The method that is now in use in the price regulation is questioned. The Energy Authority obtains reference figures for mark-up, for one thing, from the Norwegian Competition Authority. The emphasis placed on the Norwegian reference figures is not known. But a direct comparison is difficult because the consumption figures are different.

  15. Equilibria in the competitive retail electricity market considering uncertainty and risk management

    International Nuclear Information System (INIS)

    Kharrati, Saeed; Kazemi, Mostafa; Ehsan, Mehdi

    2016-01-01

    In a medium term planning horizon, a retailer should determine its forward contracting and pool participating strategies as well as the selling price to be offered to the customers. Considering a competitive retail electricity market, the number of clients being supplied by any retailer is a function of the selling prices and some other characteristics of all the retailers. This paper presents an equilibrium problem formulation to model the retailer's medium term decision making problem considering the strategy of other retailers. Decision making of any single retailer is formulated as a risk constraint stochastic programming problem. Uncertainty of pool prices and clients' demands is modeled with scenario generation method and CVaR (conditional value at risk) is used as the risk measure. The resulting single retailer planning problem is a quadratic constrained programming problem which is solved using the Lagrangian relaxation method and the Nash equilibrium point of the competitive retailers is achieved by successive solving of this problem for all the retailers. The performance of the proposed method is demonstrated using a realistic case study of Texas electricity market. - Highlights: • Presenting an equilibrium problem formulation for the retailer's decision-making. • Modeling consumer's retail choice behavior with an econometric model. • Managing the retailer's risk caused by rivals' strategy through CVaR. • Approximating the nonlinear price-quota curve with a piecewise-linear function. • Decomposing the nonlinear optimization problem using Lagrangian relaxation method.

  16. Policy Design for Competitive Retail Electric Institutions: Artificial Intelligence Representations for a Common Property Resource Approach

    Science.gov (United States)

    Pandit, Nitin S.

    The U.S. electricity industry is being restructured to increase competition. Although existing policies may lead to efficient wholesale institutions, designing policies for the retail level is more complex because of intricate interactions between individuals and quasi-monopolistic institutions. It is argued that Hirshman's ideas of "exit" and "voice" (Hirshman, 1970) provide powerful abstractions for design of retail institutions. While competition is a known mechanism of "exit," a novel design of the "voice" mechanism is demonstrated through an artificial intelligence (AI) based software process model. The process model of "voice" in retail institutions is designed within the economic context of electricity distribution -- a common property resource (CPR), characterized by technological uncertainty and path-dependency. First, it is argued that participant feedback (voice) has to be used effectively to manage the CPR. Further, it is noted that the decision process, of using participant feedback (voice) to incrementally manage uncertainty and path-dependencies, is non-monotonic because it requires the decision makers to often retract previously made assumptions and decisions. An AI based process model of "voice" is developed using an assumption-based truth maintenance system. The model can emulate the non-monotonic decision making process and therefore assist in decision support. Such a systematic framework is flexible, consistent, and easily reorganized as assumptions change. It can provide an effective, formal "voice" mechanism to the retail customers and improve institutional performance.

  17. The destabilization of the French electricity supply industry nascent competition in an open environment

    International Nuclear Information System (INIS)

    Finon, D.

    2001-06-01

    In February 2000 France, compelled by the 1996 European Directive 96/92, undertook a minimal reform of the organisation of its electricity industry, while preserving the boundaries of the incumbent company. The aim of this paper is to analyse the conditions of destabilization of the industrial organisation of the French ESI, by identifying the economic factors of endogenous and exogenous erosion. Firstly, after setting out the main elements of the French reform, which is aimed at making the electricity market contestable, the effectiveness of the ''contestability'' of the French power market is discussed. Secondly in order to test the stability of the new institutional arrangements, an institutional prospect is developed, on the basis of economic factors of instability and resistance, to produce two contrasting scenarios: one in which the particularly French model is retained (limited contestability market scenario); another in which there is movement towards a de-integrated competitive model (contamination by competition scenario). Thirdly the author concludes on the basis of recent elements, that the future would be a mix of these two trajectories which will come within in the progressive integration of the national markets in continental Europe. (A.L.B.)

  18. Forecasting Day-Ahead Electricity Prices: Utilizing Hourly Prices

    OpenAIRE

    Raviv, Eran; Bouwman, Kees E.; van Dijk, Dick

    2013-01-01

    This discussion paper led to a publication in 'Energy Economics' , 2015, 50, 227-239. The daily average price of electricity represents the price of electricity to be delivered over the full next day and serves as a key reference price in the electricity market. It is an aggregate that equals the average of hourly prices for delivery during each of the 24 individual hours. This paper demonstrates that the disaggregated hourly prices contain useful predictive information for the daily average ...

  19. CO{sub 2} mitigation costs of large-scale bioenergy technologies in competitive electricity markets

    Energy Technology Data Exchange (ETDEWEB)

    Gustavsson, L [Mid-Sweden University, Ostersund (Sweden). Dept. of Natural and Environmental Sciences, Ecotechnology; Madlener, R [Swiss Federal Institute of Technology, Zurich (Switzerland). CEPE

    2003-11-01

    In this study, we compare and contrast the impact of recent technological developments in large biomass-fired and natural-gas-fired cogeneration and condensing plants in terms of CO{sub 2} mitigation costs and under the conditions of a competitive electricity market. The CO{sub 2} mitigation cost indicates the minimum economic incentive required (e.g. in the form of a carbon tax) to equal the cost of a less carbon extensive system with the cost of a reference system. The results show that CO{sub 2} mitigation costs are lower for biomass systems than for natural gas systems with decarbonization. However, in liberalized energy markets and given the sociopolitical will to implement carbon extensive energy systems, market-based policy measures are still required to make biomass and decarbonization options competitive and thus help them to penetrate the market. This cost of cogeneration plants, however, depends on the evaluation method used. If we account for the limitation of heat sinks by expanding the reference entity to include both heat and power, as is typically recommended in life-cycle analysis, then the biomass-based gasification combined cycle (BIG/CC) technology turns out to be less expensive and to exhibit lower CO{sub 2} mitigation costs than biomass-fired steam turbine plants. However, a heat credit granted to cogeneration systems that is based on avoided cost of separate heat production, puts the steam turbine technology despite its lower system efficiency at an advantage. In contrast, when a crediting method based on avoided electricity production in natural gas fired condensing plants is employed, the BIG/CC technology turns out to be more cost competitive than the steam turbine technology for carbon tax levels beyond about $150/t C. Furthermore, steam turbine plants are able to compete with natural gas fired cogeneration plants at carbon tax levels higher than about $90/tC. (author)

  20. Financial statistics of major US investor-owned electric utilities 1992

    Energy Technology Data Exchange (ETDEWEB)

    1993-12-28

    The Financial Statistics of Major US Investor-Owned Electric Utilities publication presents summary and detailed financial accounting data on the investor-owned electric utilities. The objective of the publication is to provide Federal and State governments, industry, and the general public with current and historical data that can be used for policymaking and decisionmaking purposes related to investor-owned electric utility issues. The Financial Statistics of Major US Investor-Owned Electric Utilities publication provides information about the financial results of operations of investor-owned electric utilities for use by government, industry, electric utilities, financial organizations and educational institutions in energy planning. In the private sector, the readers of this publication are researchers and analysts associated with the financial markets, the policymaking and decisionmaking members of electric utility companies, and economic development organizations. Other organizations that may be interested in the data presented in this publication include manufacturers of electric power equipment and marketing organizations. In the public sector, the readers of this publication include analysts, researchers, statisticians, and other professionals engaged in regulatory, policy, and program areas. These individuals are generally associated with the Congress, other legislative bodies, State public utility commissions, universities, and national strategic planning organizations.

  1. Security Vulnerability and Patch Management in Electric Utilities: A Data-Driven Analysis

    Energy Technology Data Exchange (ETDEWEB)

    Li, Qinghua [Univ. of Arkansas, Fayetteville, AR (United States); Zhang, Fengli [Univ. of Arkansas, Fayetteville, AR (United States)

    2018-01-18

    This paper explores a real security vulnerability and patch management dataset from an electric utility in order to shed light on characteristics of the vulnerabilities that electric utility assets have and how they are remediated in practice. Specifically, it first analyzes the distribution of vulnerabilities over software, assets, and other metric. Then it analyzes how vulnerability features affect remediate actions.

  2. Oligopolistic competition in wholesale electricity markets: Large-scale simulation and policy analysis using complementarity models

    Science.gov (United States)

    Helman, E. Udi

    This dissertation conducts research into the large-scale simulation of oligopolistic competition in wholesale electricity markets. The dissertation has two parts. Part I is an examination of the structure and properties of several spatial, or network, equilibrium models of oligopolistic electricity markets formulated as mixed linear complementarity problems (LCP). Part II is a large-scale application of such models to the electricity system that encompasses most of the United States east of the Rocky Mountains, the Eastern Interconnection. Part I consists of Chapters 1 to 6. The models developed in this part continue research into mixed LCP models of oligopolistic electricity markets initiated by Hobbs [67] and subsequently developed by Metzler [87] and Metzler, Hobbs and Pang [88]. Hobbs' central contribution is a network market model with Cournot competition in generation and a price-taking spatial arbitrage firm that eliminates spatial price discrimination by the Cournot firms. In one variant, the solution to this model is shown to be equivalent to the "no arbitrage" condition in a "pool" market, in which a Regional Transmission Operator optimizes spot sales such that the congestion price between two locations is exactly equivalent to the difference in the energy prices at those locations (commonly known as locational marginal pricing). Extensions to this model are presented in Chapters 5 and 6. One of these is a market model with a profit-maximizing arbitrage firm. This model is structured as a mathematical program with equilibrium constraints (MPEC), but due to the linearity of its constraints, can be solved as a mixed LCP. Part II consists of Chapters 7 to 12. The core of these chapters is a large-scale simulation of the U.S. Eastern Interconnection applying one of the Cournot competition with arbitrage models. This is the first oligopolistic equilibrium market model to encompass the full Eastern Interconnection with a realistic network representation (using

  3. Effects of regulation and economic environment on the electricity industry's competitiveness: A study based on OECD countries

    International Nuclear Information System (INIS)

    Baek, Chulwoo; Jung, Euy-Young; Lee, Jeong-Dong

    2014-01-01

    We propose a competitiveness index for the electricity industry based on efficiency, stability, and growth factors identified from previous studies subject to data accessibility. These are then weighted appropriately through the application of the analytical hierarchy process. This index is an alternative tool to capture the diverse characteristics of the electricity industry in order to analyze performance after deregulation. Using the competitiveness index, we analyze the effect of regulation change in specific economic environments represented by the level of economic development, energy intensity, and manufacturing share, for example. According to the results, deregulation generally increases competitiveness, but the effect depends on the economic environment and the type of regulation. Deregulating entry and vertical integration to increase competitiveness is more effective in countries where the level of economic development, energy intensity, and manufacturing share are low. The manner in which the privatization effect is related to the economic environment is, however, unclear. - Highlights: • This study proposes a competitiveness index for the electricity industry. • It examines the effects of electricity industry deregulation in OECD countries. • It suggests an economic environment in which deregulation can contribute to competitiveness

  4. Affairs of power: Restructuring California's electric utility industry, 1968-1998

    Science.gov (United States)

    Myers, William Allan

    This dissertation studies the process of change in the political economy of electric utilities. Following two decades of continual growth during the nation's post-World War Two economic and population boom, the electric power industry confronted increasing challenges to its traditional operating practices and cultural values, nowhere with greater intensity than in California. Pressure for change came from outside forces who opposed utilities' business practices, assailed their traditional vertically-integrated structure, questioned the political assumptions that sustained their monopoly status, and ultimately wrested away access to the once tightly controlled technology of electric generation and transmission. Because managers of both investor-owned and publicly-owned utilities continued to rely upon long-standing economic and technical assumptions derived from deeply held cultural values sustained by decades of business success, they were rendered unable to comprehend and unwilling to accommodate change. Persistent mistrust between the publicly-owned and privately-owned sectors further weakened the industry's ability to work cooperatively in the face of crucial challenges. Thus encumbered by endemic structural jealousy, technological path dependency, and organizational stasis, the industry did not respond with sufficient innovation to new social values and altering economic conditions, ultimately resulting in the discarding of the old political economy of regulated monopolism. Five precepts of economic history are identified as crucial elements of the process of change. First, the tension between protection and entry, and the related issue of access to technology, contributes to creation and modification of the political economy in which economic institutions function. Second, submission to governmental regulatory powers allows certain industries to control entry, restrict access, and protect themselves from the dynamics of competitive change. Third, an

  5. Financial statistics of major U.S. publicly owned electric utilities 1997

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1998-12-01

    The 1997 edition of the ``Financial Statistics of Major U.S. Publicly Owned Electric Utilities`` publication presents 5 years (1993 through 1997) of summary financial data and current year detailed financial data on the major publicly owned electric utilities. The objective of the publication is to provide Federal and State governments, industry, and the general public with current and historical data that can be used for policymaking and decisionmaking purposes related to publicly owned electric utility issues. Generator (Tables 3 through 11) and nongenerator (Tables 12 through 20) summaries are presented in this publication. Five years of summary financial data are provided (Tables 5 through 11 and 14 through 20). Summaries of generators for fiscal years ending June 30 and December 31, nongenerators for fiscal years ending June 30 and December 31, and summaries of all respondents are provided in Appendix C. The composite tables present aggregates of income statement and balance sheet data, as well as financial indicators. Composite tables also display electric operation and maintenance expenses, electric utility plant, number of consumers, sales of electricity, operating revenue, and electric energy account data. The primary source of publicly owned financial data is the Form EIA-412, ``Annual Report of Public Electric Utilities.`` Public electric utilities file this survey on a fiscal year basis, in conformance with their recordkeeping practices. The EIA undertook a review of the Form EIA-412 submissions to determine if alternative classifications of publicly owned electric utilities would permit the inclusion of all respondents. The review indicated that financial indicators differ most according to whether or not a publicly owned electric utility generates electricity. Therefore, the main body of the report provides summary information in generator/nongenerator classifications. 2 figs., 101 tabs.

  6. Financial statistics of major U.S. publicly owned electric utilities 1997

    International Nuclear Information System (INIS)

    1998-12-01

    The 1997 edition of the ''Financial Statistics of Major U.S. Publicly Owned Electric Utilities'' publication presents 5 years (1993 through 1997) of summary financial data and current year detailed financial data on the major publicly owned electric utilities. The objective of the publication is to provide Federal and State governments, industry, and the general public with current and historical data that can be used for policymaking and decisionmaking purposes related to publicly owned electric utility issues. Generator (Tables 3 through 11) and nongenerator (Tables 12 through 20) summaries are presented in this publication. Five years of summary financial data are provided (Tables 5 through 11 and 14 through 20). Summaries of generators for fiscal years ending June 30 and December 31, nongenerators for fiscal years ending June 30 and December 31, and summaries of all respondents are provided in Appendix C. The composite tables present aggregates of income statement and balance sheet data, as well as financial indicators. Composite tables also display electric operation and maintenance expenses, electric utility plant, number of consumers, sales of electricity, operating revenue, and electric energy account data. The primary source of publicly owned financial data is the Form EIA-412, ''Annual Report of Public Electric Utilities.'' Public electric utilities file this survey on a fiscal year basis, in conformance with their recordkeeping practices. The EIA undertook a review of the Form EIA-412 submissions to determine if alternative classifications of publicly owned electric utilities would permit the inclusion of all respondents. The review indicated that financial indicators differ most according to whether or not a publicly owned electric utility generates electricity. Therefore, the main body of the report provides summary information in generator/nongenerator classifications. 2 figs., 101 tabs

  7. The trehalose utilization gene thuA ortholog in Mesorhizobium loti does not influence competitiveness for nodulation on Lotus spp.

    Science.gov (United States)

    Ampomah, Osei Yaw; Jensen, John Beck

    2014-03-01

    Competitiveness for nodulation is a desirable trait in rhizobia strains used as inoculant. In Sinorhizobium meliloti 1021 mutation in either of the trehalose utilization genes thuA or thuB influences its competitiveness for root colonization and nodule occupancy depending on the interacting host. We have therefore investigated whether mutation in the thuA ortholog in Mesorhizobium loti MAFF303099 also leads to a similar competitive phenotype on its hosts. The results show that M. loti thuA mutant Ml7023 was symbiotically effective and was as competitive as the wild type in colonization and nodule occupancy on Lotus corniculatus and Lotus japonicus. The thuA gene in M. loti was not induced during root colonization or in the infection threads unlike in S. meliloti, despite its induction by trehalose and high osmolarity in in vitro assays.

  8. L-fucose utilization provides Campylobacter jejuni with a competitive advantage.

    Science.gov (United States)

    Stahl, Martin; Friis, Lorna M; Nothaft, Harald; Liu, Xin; Li, Jianjun; Szymanski, Christine M; Stintzi, Alain

    2011-04-26

    Campylobacter jejuni is a prevalent gastrointestinal pathogen in humans and a common commensal of poultry. When colonizing its hosts, C. jejuni comes into contact with intestinal carbohydrates, including L-fucose, released from mucin glycoproteins. Several strains of C. jejuni possess a genomic island (cj0480c-cj0490) that is up-regulated in the presence of both L-fucose and mucin and allows for the utilization of L-fucose as a substrate for growth. Strains possessing this genomic island show increased growth in the presence of L-fucose and mutation of cj0481, cj0486, and cj0487 results in the loss of the ability to grow on this substrate. Furthermore, mutants in the putative fucose permease (cj0486) are deficient in fucose uptake and demonstrate a competitive disadvantage when colonizing the piglet model of human disease, which is not paralleled in the colonization of poultry. This identifies a previously unrecorded metabolic pathway in select strains of C. jejuni associated with a virulent lifestyle.

  9. Reprocessing-conditioning-recycling: A competitive industry at the service of the utilities

    International Nuclear Information System (INIS)

    Giraud, J.P.; Devezeaux de Lavergne, J.G.

    1997-01-01

    In order to answer to the future energy needs, the countries who have chosen nuclear power as a main energy source, have also opted for an optimisation of their policy through the Reprocessing-Conditioning-Recycling (RCR) strategy. The RCR industry is today totally mature and comprehensive thanks to proven industrial means for reprocessing through the UP3 and UP2-800 plants of the la Hague site and for Mixed Oxide fuel (Mox) supply. The optimisation of the RCR industry following the chromological logic of the fuel cycle development, has now focused on two main items: The fabrication of the Mox fuel and the management of the residues with a notably drastic reduction of the total volume of residues. From 1990 to 1994, several studies of the total fuel cycle cost have been carried out; German studies generally concluded to a potential advantage of the Direct Disposal option compared to the RCR strategy. But a 1996 Cogema-study, integrating the most recent data and based on a cost model of the complete fuel cycle, has shown (like the 1994 OECD study) very similar costs between the two options. Thanks to the industry optimisation, the RCR strategy has allowed to decrease the fuel cycle cost to a very low level of 1,5 Pf/kWh. The RCR strategy is economically competitive and less sensitive to price variations. Furthermore, it is immediately available for the utilities who consequently take advantage of a global service with firm prices. (orig.) [de

  10. Diesel Engine Waste Heat Recovery Utilizing Electric Turbocompound Technology

    International Nuclear Information System (INIS)

    Gerke, Frank G.

    2001-01-01

    This cooperative program between the DOE Office of Heavy Vehicle Technology and Caterpillar, Inc. is aimed at demonstrating electric turbocompound technology on a Class 8 truck engine. This is a lab demonstration program, with no provision for on-truck testing of the system. The goal is to demonstrate the level of fuel efficiency improvement attainable with the electric turbocompound system. Also, electric turbocompounding adds an additional level of control to the air supply which could be a component in an emissions control strategy

  11. Do regulatory mechanisms promote competition and mitigate market power? Evidence from Spanish electricity market

    International Nuclear Information System (INIS)

    Moutinho, Victor; Moreira, António C.; Mota, Jorge

    2014-01-01

    This paper estimates the relationships between bidding quantities, marginal cost and market power measures in the Spanish wholesale electricity market for two different regulatory periods: 2002–2005 and 2006–2007. Using panel econometric techniques we find differences in the impacts on bidding strategies for both periods. Hence, the marginal cost and the market power measures affect bid and net quantities. The market power measures also suggest that the coefficient is consistently positive and highly significant for both periods. Moreover, the market power and marginal costs have mixed effects according to the models proposed for both periods. In addition, our results point to the effectiveness of the different effects of mitigating the market power in the Spanish electricity market. For the 2006–2007 period, the proposed causal relationships are partially validated by the cointegration results, which assumes there is a significant causality between the Lerner Index and the marginal cost. - Highlights: • Competition and regulation in the Spanish electricity market. • Net supplier and net demander behavior in the spot market. • Panel cointegration methods used: FMOLS, PMG, MG, DFE and DOLS. • The price cap regulation is effective in mitigating market power. • Market power and marginal cost have positive effects on bidding strategies

  12. Utilization of waste heat from electricity generating stations

    International Nuclear Information System (INIS)

    Robertson, R.F.S.

    1977-06-01

    Historically the nuclear power station has been designed solely as an electricity producer. But in Canada today only 15 percent of our energy consumption is as electricity. The non-electrical needs today are supplied almost entirely by natural gas and oil. There is an incentive to see whether a nuclear station could supply energy for some of these non-electrical needs, thus freeing gas and oil for uses for which they may be more valuable and suitable, especially in transportation. A group located at the Whiteshell Nuclear Research Establishment undertook a series of studies to examine this problem. These studies were done in sufficient depth to provide technological and economic answers, and as a result several reports have been published on various topics. In this report, the findings from these studies are drawn together in an assessment of the potential in Canada for using waste heat. (author)

  13. Treatment of Solar Generation in Electric Utility Resource Planning

    Energy Technology Data Exchange (ETDEWEB)

    Sterling, J.; McLaren, J.; Taylor, M.; Cory, K.

    2013-10-01

    Today's utility planners have a different market and economic context than their predecessors, including planning for the growth of renewable energy. State and federal support policies, solar photovoltaic (PV) price declines, and the introduction of new business models for solar PV 'ownership' are leading to increasing interest in solar technologies (especially PV); however, solar introduces myriad new variables into the utility resource planning decision. Most, but not all, utility planners have less experience analyzing solar than conventional generation as part of capacity planning, portfolio evaluation, and resource procurement decisions. To begin to build this knowledge, utility staff expressed interest in one effort: utility exchanges regarding data, methods, challenges, and solutions for incorporating solar in the planning process. Through interviews and a questionnaire, this report aims to begin this exchange of information and capture utility-provided information about: 1) how various utilities approach long-range resource planning; 2) methods and tools utilities use to conduct resource planning; and, 3) how solar technologies are considered in the resource planning process.

  14. Performance-based ratemaking for electric utilities: Review of plans and analysis of economic and resource-planning issues. Volume 1

    Energy Technology Data Exchange (ETDEWEB)

    Comnes, G.A.; Stoft, S.; Greene, N. [Lawrence Berkeley Lab., CA (United States). Energy and Environment Div.; Hill, L.J. [Lawrence Berkeley Lab., CA (United States). Energy and Environment Div.]|[Oak Ridge National Lab., TN (United States). Energy Div.

    1995-11-01

    Performance-Based Ratemaking (PBR) is a form of utility regulation that strengthens the financial incentives to lower rates, lower costs, or improve nonprice performance relative traditional regulation, which the authors call cost-of-service, rate-of-return (COS/ROR) regulation. Although the electric utility industry has considerable experience with incentive mechanisms that target specific areas of performance, implementation of mechanisms that cover a comprehensive set of utility costs or services is relatively rare. In recent years, interest in PBR has increased as a result of growing dissatisfaction with COS/ROR and as a result of economic and technological trends that are leading to more competition in certain segments of the electricity industry. In addition, incentive regulation has been used with some success in other public utility industries, most notably telecommunications in the US and telecommunications, energy, and water in the United Kingdom. In this report, the authors analyze comprehensive PBR mechanisms for electric utilities in four ways: (1) they describe different types of PBR mechanisms, (2) they review a sample of actual PBR plans, (3) they consider the interaction of PBR and utility-funded energy efficiency programs, and (4) they examine how PBR interacts with electric utility resource planning and industry restructuring. The report should be of interest to technical staff of utilities and regulatory commissions that are actively considering or designing PBR mechanisms. 16 figs., 17 tabs.

  15. The Diagnostic Challenge Competition: Probabilistic Techniques for Fault Diagnosis in Electrical Power Systems

    Science.gov (United States)

    Ricks, Brian W.; Mengshoel, Ole J.

    2009-01-01

    Reliable systems health management is an important research area of NASA. A health management system that can accurately and quickly diagnose faults in various on-board systems of a vehicle will play a key role in the success of current and future NASA missions. We introduce in this paper the ProDiagnose algorithm, a diagnostic algorithm that uses a probabilistic approach, accomplished with Bayesian Network models compiled to Arithmetic Circuits, to diagnose these systems. We describe the ProDiagnose algorithm, how it works, and the probabilistic models involved. We show by experimentation on two Electrical Power Systems based on the ADAPT testbed, used in the Diagnostic Challenge Competition (DX 09), that ProDiagnose can produce results with over 96% accuracy and less than 1 second mean diagnostic time.

  16. Lessons from the first year of competition in the California electricity markets

    International Nuclear Information System (INIS)

    Earle, R.L.; Hanser, P.Q.; Johnson, W.C.; Reitzes, J.D.

    1999-01-01

    Situated at the western edge of the continent and the eastern rim of the Pacific, California has always possessed allure as a place of frontiers. California's developing competitive electricity markets represent another frontier that has attracted widespread interest. At the first birthday of these markets, it seems appropriate to review their current state of development, even though they are surely in a transitional state. The authors do not undertake to make a comprehensive assessment of the efficiency of these markets, given their evolving nature. Rather, in reviewing one year of data, their goal is to examine the economic and technical relationships between the various power markets arising under the California Power Exchange (PX) and the California Independent System Operator (ISO). The analysis also considers the decision faced by generators selling into both the PX and ancillary service markets, identifying those areas where there may be losses in both efficiency and profits

  17. How did market competition affect outpatient utilization under the diagnosis-related group-based payment system?

    Science.gov (United States)

    Kim, Seung Ju; Park, Eun-Cheol; Kim, Sun Jung; Han, Kyu-Tae; Jang, Sung-In

    2017-06-01

    Although competition is known to affect quality of care, less is known about the effects of competition on outpatient health service utilization under the diagnosis-related group payment system. This study aimed to evaluate these effects and assess differences before and after hospitalization in South Korea. Population-based retrospective observational study. We used two data set including outpatient data and hospitalization data from National Health Claim data from 2011 to 2014. Participants who were admitted to the hospital for hemorrhoidectomy were included. A total of 804 884 hospitalizations were included in our analysis. The outcome variables included the costs associated with outpatient examinations and the number of outpatient visits within 30 days before and after hospitalization. High-competition areas were associated with lower pre-surgery examination costs (rate ratio [RR]: 0.88, 95% confidence interval [CI]: 0.88-0.89) and fewer outpatient visits before hospitalization (RR: 0.98, 95% CI: 0.98-0.99) as well as after hospitalization compared with moderate-competition areas. Our study reveals that outpatient health service utilization is affected by the degree of market competition. Future evaluations of hospital performance should consider external factors such as market structure and hospital location. © The Author 2017. Published by Oxford University Press in association with the International Society for Quality in Health Care. All rights reserved. For permissions, please e-mail: journals.permissions@oup.com

  18. The impacts of price responsiveness on strategic equilibrium in competitive electricity markets

    Energy Technology Data Exchange (ETDEWEB)

    Bompard, Ettore; Ma, Yuchao; Napoli, Roberto [Department of Electrical Engineering, Politecnico di Torino, C.so Duca degli Abruzzi, 24, 10129 Torino (Italy); Abrate, Graziano; Ragazzi, Elena [Ceris-CNR, Via Real Collegio, 30, 10024 Moncalieri (Italy)

    2007-06-15

    One of the most important aspects that may affect market welfare is that related to the low demand responsiveness to price. This situation may greatly impact the market performance causing low efficiency, high prices and a disproportional allocation of surpluses. The structure of electricity markets is usually oligopolistic; producers may bid prices higher than their marginal costs to the short run wholesale market, inducing outcome deviations from the perfect competitive benchmark. The possibility of gaming the market is amplified in the presence of low demand responsiveness to price. This paper proposes a model to assess the role of demand elasticity in mitigating the effects of supply side strategic bidding behavior. We model the supply side in a conjectural supply function (CSF) framework, which allows incorporation of exogenous changes in demand elasticity and different levels of competition in a given market. The impacts of demand responsiveness on the market performances are assessed through a set of proposed indices that are applied to a model of the Italian market. (author)

  19. The impacts of price responsiveness on strategic equilibrium in competitive electricity markets

    International Nuclear Information System (INIS)

    Bompard, Ettore; Ma, Yuchao; Napoli, Roberto; Abrate, Graziano; Ragazzi, Elena

    2007-01-01

    One of the most important aspects that may affect market welfare is that related to the low demand responsiveness to price. This situation may greatly impact the market performance causing low efficiency, high prices and a disproportional allocation of surpluses. The structure of electricity markets is usually oligopolistic; producers may bid prices higher than their marginal costs to the short run wholesale market, inducing outcome deviations from the perfect competitive benchmark. The possibility of gaming the market is amplified in the presence of low demand responsiveness to price. This paper proposes a model to assess the role of demand elasticity in mitigating the effects of supply side strategic bidding behavior. We model the supply side in a conjectural supply function (CSF) framework, which allows incorporation of exogenous changes in demand elasticity and different levels of competition in a given market. The impacts of demand responsiveness on the market performances are assessed through a set of proposed indices that are applied to a model of the Italian market. (author)

  20. Third-quarter 1989 electric utility financial results

    International Nuclear Information System (INIS)

    Studness, C.M.

    1990-01-01

    Utility earnings per share before write-offs fell 6.9% in the third quarter of 1989 from the year-earlier level. Write-offs reduced third-quarter earnings of a sample of 83 utilities that account for 95% of investor-owned utility revenue by $792 million, compared with $183 million in the year-earlier quarter. With larger write-offs in 1989 than in 1988, third-quarter earnings per share after write-offs plunged 16.9% from the year-earlier level

  1. Prediction of energy balance and utilization for solar electric cars

    Science.gov (United States)

    Cheng, K.; Guo, L. M.; Wang, Y. K.; Zafar, M. T.

    2017-11-01

    Solar irradiation and ambient temperature are characterized by region, season and time-domain, which directly affects the performance of solar energy based car system. In this paper, the model of solar electric cars used was based in Xi’an. Firstly, the meteorological data are modelled to simulate the change of solar irradiation and ambient temperature, and then the temperature change of solar cell is calculated using the thermal equilibrium relation. The above work is based on the driving resistance and solar cell power generation model, which is simulated under the varying radiation conditions in a day. The daily power generation and solar electric car cruise mileage can be predicted by calculating solar cell efficiency and power. The above theoretical approach and research results can be used in the future for solar electric car program design and optimization for the future developments.

  2. Response strategies for electric utilities to an uncertain climate

    International Nuclear Information System (INIS)

    Delcambre, J.; Wilson, O.

    1995-01-01

    The precautionary principle is being applied by legislators in formulating policy responses to the predictions of an enhanced greenhouse effect. Global commitments have been made under the Framework Convention on Climate Change to take measures aimed at stabilizing atmospheric concentrations of greenhouse gases. Electricity production from fossil fuels is a significant global source of carbon dioxide and a focus for emission reduction efforts. The decisions of policy-makers will impact on the electricity sector. However, the size and structure of this sector imply that substantial impositions cannot be placed on it in the short term without severe economic and social consequences. What is required of policy-makers is a pragmatic approach, since there are no simple or unique solutions. A rational attitude to energy use must be fostered which recognizes the special role of electricity in a modern economy

  3. Electric rate shock and the future of utility construction

    International Nuclear Information System (INIS)

    Nogee, A.J.

    1985-01-01

    How state regulators spread the costs of overbudget and, in some cases, unneeded new power plants looms as a major political and economic issue directly affecting more than a third of the nation's households and businesses. Today's local battles over rate shock have an even greater national significance because they will shape investment incentives for decades to come. In addition to mismanaged nuclear projects, most nuclear and coal plants being finished today represent excess generating capacity. Utility reserve margins averaged 34% last year instead of the 15-20% above peak demand that analysts agree is desirable. State regulators are increasingly refusing to allow utilities to include new plants in the rate base, and utilities are responding with warnings about future shortages. They may also try to reform or repeal the Holding Company Act. Utility critics point to alternatives to central plant construction with cogeneration and small power generation. 2 figures

  4. Optimal pricing of non-utility generated electric power

    International Nuclear Information System (INIS)

    Siddiqi, S.N.; Baughman, M.L.

    1994-01-01

    The importance of an optimal pricing policy for pricing non-utility generated power is pointed out in this paper. An optimal pricing policy leads to benefits for all concerned: the utility, industry, and the utility's other customers. In this paper, it is shown that reliability differentiated real-time pricing provides an optimal non-utility generated power pricing policy, from a societal welfare point of view. Firm capacity purchase, and hence an optimal price for purchasing firm capacity, are an integral part of this pricing policy. A case study shows that real-time pricing without firm capacity purchase results in improper investment decisions and higher costs for the system as a whole. Without explicit firm capacity purchase, the utility makes greater investment in capacity addition in order to meet its reliability criteria than is socially optimal. It is concluded that the non-utility generated power pricing policy presented in this paper and implied by reliability differentiated pricing policy results in social welfare-maximizing investment and operation decisions

  5. Electric vehicles from the point of view of an energy utility; Elektrofahrzeuge aus Sicht eines Energieversorgers

    Energy Technology Data Exchange (ETDEWEB)

    Corpataux, M.

    2008-07-01

    This presentation made at the Swiss 2008 research conference on traffic by Marcel Corpataux from the Elektra Baselland utility (EBL) takes a look at the utility's activities in the renewable energies sector and the need for balancing energy supply and demand. Various methods on the demand side are briefly looked at and the use of 'vehicle-to-grid' concepts that use hybrid vehicles as storage facilities for electrical power are commented on. The chances offered to electricity utilities by using hybrid vehicles as buffer storage for electrical power are discussed.

  6. Financing the electric power utilities, especially the nuclear power in Japan

    International Nuclear Information System (INIS)

    Tajima, T.

    1975-04-01

    Electric power demands in Japan have shown a remarkable growth at an annual rate of 12% since 1965. Nine electric power companies have invested large amounts of money so far, amounting to over 1 trillion yen every year since 1972. A survey of the electric power supply system and an estimation of the electric power demands in 1980 and in 1985 are given. It is expected that the main portion of electric power in the future will gradually be generated by nuclear plants. Financial features of the electrical power utilities, the credit risk of the electric power utilities, and the raising of funds by electric power utilities are discussed. It is concluded that it will be necessary (1) to expand the capital market, (2) to enable the electric power companies to issue a sufficient amount of bonds, (3) to make the Government financing institutions, such as the Japan Development Bank, provide the electric power companies with larger funds on a long-term and low-interest rate basis, and (4) even to take such drastic steps as subsidizing interest on private loans to the electric power companies. (B.P.)

  7. Exploring utility organization electricity generation, residential electricity consumption, and energy efficiency: A climatic approach

    International Nuclear Information System (INIS)

    Craig, Christopher A.; Feng, Song

    2017-01-01

    Highlights: • Study examined impact of electricity fuel sources and consumption on emissions. • 97.2% of variability in emissions explained by coal and residential electricity use. • Increasing cooling degree days significantly related to increased electricity use. • Effectiveness of state-level energy efficiency programs showed mixed results. - Abstract: This study examined the impact of electricity generation by fuel source type and electricity consumption on carbon emissions to assess the role of climatic variability and energy efficiency (EE) in the United States. Despite high levels of greenhouse gas emissions, residential electricity consumption continues to increase in the United States and fossil fuels are the primary fuel source of electricity generation. 97.2% of the variability in carbon emissions in the electricity industry was explained by electricity generation from coal and residential electricity consumption. The relationships between residential electricity consumption, short-term climatic variability, long-term climatic trends, short-term reduction in electricity from EE programs, and long-term trends in EE programs was examined. This is the first study of its nature to examine these relationships across the 48 contiguous United States. Inter-year and long-term trends in cooling degree days, or days above a baseline temperature, were the primary climatic drivers of residential electricity consumption. Cooling degree days increased across the majority of the United States during the study period, and shared a positive relationship with residential electricity consumption when findings were significant. The majority of electricity reduction from EE programs was negatively related to residential electricity consumption where findings were significant. However, the trend across the majority of states was a decrease in electricity reduction from EE while residential electricity consumption increased. States that successfully reduced consumption

  8. Utilization of hydrogen gas production for electricity generation in ...

    African Journals Online (AJOL)

    Lecturer

    2012-05-03

    May 3, 2012 ... The main goals of this research were to use E. aerogenes ADH-43 for fermentation in order to decide the best carbon sources and ... by converting to electricity using fuel cells in 50 ml vial bottle, 2% total ... evolution compared with other biological hydrogen .... Erlenmeyer containing a solution of Ca (OH) 2.

  9. Utilization of hydrogen gas production for electricity generation in ...

    African Journals Online (AJOL)

    Lecturer

    2012-05-03

    % total sugar concentration of sugar ... 107 cfu/ml, pH was nearly constant at 6.0, and finally the H2 was drifted to fuel cell to generate electrical power until 4 V ..... hybrid system, reverse micelles and by metabolic engi- neering.

  10. The fast reactor and electricity supply, a utility view

    International Nuclear Information System (INIS)

    Wright, J.K.; Hall, R.S.; Kemmish, W.B.; Thorne, R.T.

    1982-01-01

    The significance of the fast reactor is discussed from the viewpoint of the Central Electricity Generating Board. The need for the fast reactor and a possible timescale for its introduction are examined. It is emphasised that demonstration of the commercial and environmental acceptability of the fuel cycle will be needed before any commitment can be made to fast reactors. (U.K.)

  11. Secure provision of reactive power ancillary services in competitive electricity markets

    Science.gov (United States)

    El-Samahy, Ismael

    The research work presented in this thesis discusses various complex issues associated with reactive power management and pricing in the context of new operating paradigms in deregulated power systems, proposing appropriate policy solutions. An integrated two-level framework for reactive power management is set forth, which is both suitable for a competitive market and ensures a secure and reliable operation of the associated power system. The framework is generic in nature and can be adopted for any electricity market structure. The proposed hierarchical reactive power market structure comprises two stages: procurement of reactive power resources on a seasonal basis, and real-time reactive power dispatch. The main objective of the proposed framework is to provide appropriate reactive power support from service providers at least cost, while ensuring a secure operation of the power system. The proposed procurement procedure is based on a two-step optimization model. First, the marginal benefits of reactive power supply from each provider, with respect to system security, are obtained by solving a loadability-maximization problem subject to transmission security constraints imposed by voltage and thermal limits. Second, the selected set of generators is determined by solving an optimal power flow (OPF)-based auction. This auction maximizes a societal advantage function comprising generators' offers and their corresponding marginal benefits with respect to system security, and considering all transmission system constraints. The proposed procedure yields the selected set of generators and zonal price components, which would form the basis for seasonal contracts between the system operator and the selected reactive power service providers. The main objective of the proposed reactive power dispatch model is to minimize the total payment burden on the Independent System Operator (ISO), which is associated with reactive power dispatch. The real power generation is

  12. Nuclear power generation in competition with other sources for base load electricity generation

    International Nuclear Information System (INIS)

    Notari, C.; Rey, F.C.

    1996-01-01

    The latest studies performed by OECD and IAEA on the subject were analyzed in order to clarify the international context. Nuclear, gas and coal are compared. The general conclusion is that nuclear power is competitive for electricity generation considering new plants to be commissioned around year 2000. If the discount rate is 5% per annum it is considered the best option in most of the countries included in the studies. If 10% is chosen the levelized costs favour the gas option. In the Argentine case, the analysis of possible plants for the near future shows a clear advantage for the gas projects. This is mainly due to the low capital costs and low local gas prices. The possible evolution of this situation is considered: gas prices will most probably increase because they should approach the price of fuel oil or diesel oil which are used as substitutes in winter for electricity generation and the export projects to Chile and Brasil will also push prices up. The environmental aspects of the question and its influence on regulations and costs is a matter of speculation. Some countries have already penalized greenhouse gases emissions but it is not clear how and when this trend will affect local prices. (author). 4 refs., 6 tabs

  13. Demand-side management pricing options in electric utilities

    International Nuclear Information System (INIS)

    Sardana, P.; Herman, P.

    1990-01-01

    In 1989 Ontario Hydro implemented optional time-of-use (TOU) rates at the wholesale level for all municipal utilities in the province. At the same time, mandatory TOU rates were implemented for large users (customers with loads in excess of 5 MW) served by municipal utilities and Ontario Hydro's direct customers. To fully explore the potential of rate structures as demand-side management (DSM) tools, Ontario Hydro retained a consulting firm to carry out a survey of innovative rate structures in other jurisdications. The survey was intended to identify: the status quo of rate structures in other jurisdictions that were designed specifically to encourage DSM; a profile of the cost basis of the rate structures, for example whether traditional embedded cost of service analyses or contentious methods such as marginal cost pricing were used; whether innovative rates have been successful, and customer reactions and attitudes; and how innovative rates fit into the overall strategy of the utilities. It was found that TOU, interruptible and end-use targeted rates are the rate structures of choice for many utilities. Most are concerned with deferring capacity, reducing peak demand, and shifting load out of peak periods. Most utilities report success with their programs and satisfaction with the present form of the programs. 5 tabs

  14. Competition between electric field and magnetic field noise in the decoherence of a single spin in diamond

    OpenAIRE

    Jamonneau, P.; Lesik, M.; Tetienne, J. P.; Alvizu, I.; Mayer, L.; Dréau, A.; Kosen, S.; Roch, J.-F.; Pezzagna, S.; Meijer, J.; Teraji, T.; Kubo, Y.; Bertet, P.; Maze, J. R.; Jacques, V.

    2016-01-01

    We analyze the impact of electric field and magnetic field fluctuations in the decoherence of the electronic spin associated with a single nitrogen-vacancy (NV) defect in diamond by engineering spin eigenstates protected either against magnetic noise or against electric noise. The competition between these noise sources is analyzed quantitatively by changing their relative strength through modifications of the environment. This study provides significant insights into the decoherence of the N...

  15. Electric and gas utility marketing of residential energy conservation case studies

    Energy Technology Data Exchange (ETDEWEB)

    None

    1980-05-01

    The objective of this research was to obtain information about utility conservation marketing techniques from companies actively engaged in performing residential conservation services. Many utilities currently are offering comprehensive services (audits, listing of contractors and lenders, post-installation inspection, advertising, and performing consumer research). Activities are reported for the following utilities: Niagara Mohawk Power Corporation; Tampa Electric Company; Memphis Light, Gas, and Water Division; Northern States Power-Wisconsin; Public Service Company of Colorado; Arizona Public Service Company; Pacific Gas and Electric Company; Sacramento Municipal Utility District; and Pacific Power and Light Company.

  16. Electric utility power plant construction costs, 1st Edition

    International Nuclear Information System (INIS)

    Anon.

    1993-01-01

    New UDI report combines historical construction costs for more than 1,000 coal, oil, gas, nuclear and geothermal units that have entered commercial operation since 1966 and projected power plant construction costs for about 400 utility-owned generating units scheduled to enter commercial operation during the next 20 years. Key design characteristics and equipment suppliers, A/E, constructor and original installed cost data. Direct construction costs without AFUDC are provided where known. Historical construction cost data are also provided for about 130 utility-owned hydroelectric, gas turbine, combined-cycle and diesel units (these data are generally for units entering service after 1980)

  17. Electric power prices, price control and competition on the European domestic electric power market. Stromtarife, Preisaufsicht und Wettbewerb im Europaeischen Binnenmarkt fuer Strom

    Energy Technology Data Exchange (ETDEWEB)

    Weigt, N

    1993-01-01

    If one speaks of electric power prices and price control in the year 1992, this subject has a different dimension than it did two or three years ago, when the new federal rate scale for electric power (ETO Elt) was drawn up and put into practice. Since the beginning of this year, a draft for guidelines which was drawn up by the EC Commission exists which, going on the assumption that the European domestic electric power market will set an example, does away with territorial protection and in the name of third party access (TPA) allows for electric power-line transit, thus introducing at least partial competition to the electric power market. We no longer think in terms of closed systems with clear-cut responsibilities in regard to power supply, which form the basis for the laws on electric power prices, the cartel laws, the practices of the electric power control board and the cartel authorities. Thus, using the new federal rate scale for electric power and its principles as formulated in Article 1 as a point of departure, developments will go in the direction of a competitive system in accordance with the ideas of the EC Commission and German free-enterprise theoreticians, as laid down for example by the deregulation commission. Thus developments will lead us away from the status quo in the direction of possible reforms, if not to say revolutionary structural changes and the consequnces which they will bring for price and cartel laws. (orig.)

  18. Nuclear option: one of several choices open to electric utilities; the European case

    International Nuclear Information System (INIS)

    Charrault, J.C.

    1983-01-01

    Acknowledging a difference of opinion on nuclear energy between the US and Europe, the author states the European Community's main energy problems and the solutions that are planned, gives the economic aspects of interfuel competition for electricity generation, and promotes nuclear energy as a secure source of electricity supply. Fast-breeder-reactor (FBR) technology and nuclear-fusion technology are discussed as the reliable successors to nuclear power in the beginning of the next century when uranium shortages and failing renewable energy substitutes will be inadequate to meet Europe's electricity needs

  19. Implementing energy efficiency: Challenges and opportunities for rural electric co-operatives and small municipal utilities

    International Nuclear Information System (INIS)

    Wilson, Elizabeth J.; Plummer, Joseph; Fischlein, Miriam; Smith, Timothy M.

    2008-01-01

    Challenges in implementing demand side management (DSM) programs in rural electric co-operatives and small municipal utilities are not well understood, yet these organizations sell roughly 15% of electricity in the US, many are more coal-intensive than investor-owned utilities (IOUs), and they are politically important-rural electric co-operatives cover about 75% of the US land area and municipal utilities are found in every state except Hawaii. We provide a background on rural co-operatives and municipal utilities in the context of the US electric sector and highlight the challenges and opportunities of implementing DSM programs in these institutions. Where past studies of utility DSM have mostly focused on IOUs or consisted of qualitative case studies of municipal utilities with exemplary DSM performance, this study makes a unique contribution to the DSM literature by systematically analyzing an entire co-operative and municipal utility population in Minnesota through the use of a survey. In doing so, we provide policy recommendations relevant to energy planners and policy makers to support DSM in rural electric co-operatives and municipal utilities

  20. The effects of utility DSM programs on electricity costs and prices

    Energy Technology Data Exchange (ETDEWEB)

    Hirst, E.

    1991-11-01

    More and more US utilities are running more and larger demand-side management (DSM) programs. Assessing the cost-effectiveness of these programs raises difficult questions for utilities and their regulators. Should these programs aim to minimize the total cost of providing electric-energy services or should they minimize the price of electricity? This study offers quantitative estimates on the tradeoffs between total costs and electricity prices. This study uses a dynamic model to assess the effects of energy-efficiency programs on utility revenues, total resource costs, electricity prices, and electricity consumption for the period 1990 to 2010. These DSM programs are assessed under alternative scenarios. In these cases, fossil-fuel prices, load growth, the amount of excess capacity the utility has in 1990, planned retirements of power plants, the financial treatment of DSM programs, and the costs of energy- efficient programs vary. These analyses are conducted for three utilities: a ``base`` that is typical of US utilities; a ``surplus`` utility that has excess capacity, few planned retirements, and slow growth in fossil-fuel prices and incomes; and a ``deficit`` utility that has little excess capacity, many planned retirements, and rapid growth in fossil-fuel prices and incomes. 28 refs.

  1. The effects of utility DSM programs on electricity costs and prices

    Energy Technology Data Exchange (ETDEWEB)

    Hirst, E.

    1991-11-01

    More and more US utilities are running more and larger demand-side management (DSM) programs. Assessing the cost-effectiveness of these programs raises difficult questions for utilities and their regulators. Should these programs aim to minimize the total cost of providing electric-energy services or should they minimize the price of electricity This study offers quantitative estimates on the tradeoffs between total costs and electricity prices. This study uses a dynamic model to assess the effects of energy-efficiency programs on utility revenues, total resource costs, electricity prices, and electricity consumption for the period 1990 to 2010. These DSM programs are assessed under alternative scenarios. In these cases, fossil-fuel prices, load growth, the amount of excess capacity the utility has in 1990, planned retirements of power plants, the financial treatment of DSM programs, and the costs of energy- efficient programs vary. These analyses are conducted for three utilities: a base'' that is typical of US utilities; a surplus'' utility that has excess capacity, few planned retirements, and slow growth in fossil-fuel prices and incomes; and a deficit'' utility that has little excess capacity, many planned retirements, and rapid growth in fossil-fuel prices and incomes. 28 refs.

  2. 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

  3. R and D options for demand side management in Japanese electric utilities

    International Nuclear Information System (INIS)

    Yamamoto, Takahiko

    1996-01-01

    Japanese electric demand has been steadily increasing in accordance with the economic growth. However, Japanese electric utilities are facing several problems; increasing construction cost of power facilities, siting constraints and the environmental issue of greenhouse gas emissions. To overcome these problems, electric utilities have been promoting demand-side-management (DSM) activities as well as supplier-side measures, with some presently being carried out through promoting energy conservation technologies and introducing electric tariff options of specific contracts for residential/commercial and industrial consumers. Japanese electric utilities have been carrying out R and D for the future, in particular, energy storage and heat storage which contribute to the improvement of load factor. In this paper, I would like to outline the R and D options for DSM in Japan. (author)

  4. Core business concentration vs. corporate diversification in the US electric utility industry: Synergy and deregulation effects

    International Nuclear Information System (INIS)

    Sueyoshi, Toshiyuki; Goto, Mika; Shang, Jennifer

    2009-01-01

    Many economists such as Wilson (2002) [Wilson, R., 2002. Architecture of power market, Econometrica, 70, 1299-1340] have considered that there are similarities between electricity and gas services in the US electric utility industry. Hence, they expect a synergy effect between them. However, the two businesses do not have technology similarities at the level that the gas service produces a synergy effect with electricity. To examine whether there is a synergy effect of corporate diversification in the industry, we compare electricity-specialized firms with diversified utility firms in terms of their financial performance and corporate value. The comparison indicates that core business concentration is more effective for electric utility firms than corporate diversification under the current US deregulation policy.

  5. 29 CFR 1910.302 - Electric utilization systems.

    Science.gov (United States)

    2010-07-01

    ... connect the installations to a supply of electricity; and (viii) Other outside conductors on the premises...)—Arcing parts § 1910.303(e)—Marking § 1910.303(f), except (f)(4) and (f)(5)—Disconnecting means and...)(4)—Disconnecting means and circuits—Capable of accepting a lock § 1910.303(f)(5)—Disconnecting means...

  6. Incentive Regulation and Utility Benchmarking for Electricity Network Security

    OpenAIRE

    Zhang, Y.; Nepal, R.

    2014-01-01

    The incentive regulation of costs related to physical and cyber security in electricity networks is an important but relatively unexplored and ambiguous issue. These costs can be part of cost efficiency benchmarking or, alternatively, dealt with separately. This paper discusses the issues and proposes options for incorporating network security costs within incentive regulation in a benchmarking framework. The relevant concerns and limitations associated with the accounting and classification ...

  7. How reliably can climate change and mitigation policy impacts on electric utilities be assessed?

    International Nuclear Information System (INIS)

    Dowlatabadi, H.; Kopp, R.J.; Palmer, K.; De Witt, D.

    1993-01-01

    Numerous mechanisms link climate change and electric utilities. Electricity generation releases radiatively active trace substances (RATS). Significant changes in atmospheric concentration of RATS can lead to a change in regional and global climate regimes. Mitigation action designed to prevent or limit climate change is possible through curbing emissions. Climate change and related mitigation actions impact on electric utilities. Foresight in electric utility planning requires reliable predictions of how the utilities may be affected in the decades ahead. In this paper the impacts of climate change and mitigation policies are noted, and our ability to assess these is reviewed. To this end a suite of models exploring supply and demand questions have been developed. The overall conclusion of the study is that the demand-side uncertainties dominate other unknowns and need to be better characterized and understood. (author)

  8. Energy and Environment Guide to Action - Chapter 7.0: Electric Utility Policies

    Science.gov (United States)

    Focuses on the authorites that state legislatures have granted to PUCs to regulate electricity and reliability, as these authorities directly affect utilities' and customers' investments in energy efficiency, renewable energy, and CHP.

  9. Energy and Environment Guide to Action - Chapter 7: Electric Utility Policies

    Science.gov (United States)

    Focuses on the authorites that state legislatures have granted to PUCs to regulate electricity and reliability, as these authorities directly affect utilities' and customers' investments in energy efficiency, renewable energy, and CHP.

  10. 77 FR 47060 - Missouri Joint Municipal Electric Utility Commission; Notice of Filing

    Science.gov (United States)

    2012-08-07

    ... Municipal Electric Utility Commission filed a Proposed Revenue Requirement for reactive supply service under... Room in Washington, DC. There is an ``eSubscription'' link on the web site that enables subscribers to...

  11. Potential for increased wind-generated electricity utilization using heat pumps in urban areas

    International Nuclear Information System (INIS)

    Waite, Michael; Modi, Vijay

    2014-01-01

    Highlights: • Large-scale wind power and increased electric heat pumps were evaluated. • A deterministic model of wind power and electricity demand was developed. • Sub-models for space heating and domestic hot water demand were developed. • Increased use of heat pumps can improve the viability of large-scale wind power. • Larger wind power capacity can meet a target utilization rate with more heat pumps. - Abstract: The U.S. has substantial wind power potential, but given wind’s intermittent availability and misalignment with electricity demand profiles, large-scale deployment of wind turbines could result in high electricity costs due to energy storage requirements or low utilization rates. While fuel switching and heat pumps have been proposed as greenhouse gas (GHG) emissions and energy reduction strategies at the building scale, this paper shows that heat pump adoption could have additional system-wide benefits by increasing the utilization of wind-generated electricity. A model was developed to evaluate the effects of coupling large-scale wind power installations in New York State with increased use of electric heat pumps to meet a portion of space heating and domestic hot water (DHW) demands in New York City. The analysis showed significant increases in wind-generated electricity utilization with increased use of heat pumps, allowing for higher installed capacity of wind power. One scenario indicates that 78.5% annual wind-generated electricity utilization can be achieved with 3 GW of installed wind power capacity generated electricity equal to 20% of existing NYC annual electricity demand; if 20% of space heating and DHW demands are provided by heat pumps, the 78.5% utilization rate can be achieved with an increase of total wind power capacity to 5 GW. Therefore, this integrated supply–demand approach could provide additional system-wide emissions reductions

  12. Analysis of the competition on the retail market for electric power; Analyse af konkurrencen pae detailmarkedet for el

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2012-10-15

    This year it is almost ten years ago, that it was made possible for all electricity consumers to choose their supplier. Specifically, this was done by changes in the Electricity Supply Act, whereby increased competition was designated as the central means of achieving the energy policy objectives of security of supply, economics, environment, and consumer protection. The retail electricity market's turnover today is approx. 43 billion. DKK, but it is expected to grow significantly in the coming years because consumers are increasingly expected to use electricity from renewable energy for heating and transport. It is obvious that it is also for this reason essential to the economy that competition in the retail market works as well as possible. In practice, competition as an instrument is aimed at production and retail sales in the electricity market, with the significant exception that the smaller consumers are protected by both the competition itself as well as by the special supply regulation. The protective supply regulation means that a majority of consumers and small and medium-sized enterprises do not have sufficient incentive to trade electricity on the free market, which in turn means that there is not exercised pressure on suppliers that can lead to innovation, product development, or to provide electricity at the lowest possible prices. The Secretariat of the Danish Energy Regulatory Authority has against this background made an in-depth analysis of the competition in the retail market for electricity and for the general supply regulation. The analysis shows that there are a number of barriers that stand in the way of effective competition in the retail market, and thus of fostering innovation, product development and potential improvements in infrastructure. The Danish government and parliament have taken a number of initiatives that remove some of the barriers. But challenges still remain. They all originate from inertia and low mobility at

  13. Required IT-Related Capabilities For The Utilization of New Opportunities in Creating Interorganizational Competitive Advantage

    NARCIS (Netherlands)

    P.W.L. Vlaar (Paul); F.A.J. van den Bosch (Frans); H.W. Volberda (Henk)

    2004-01-01

    textabstractDevelopments in information technology (IT) are perceived to promote interorganizational cooperation within and across industry boundaries. IT-enabled cooperation has challenged the creation of interorganizational competitive advantages, as conceptualized in the Relational View (e.g.,

  14. Who cares about a financially healthy electric utility industry. Finding future answers

    International Nuclear Information System (INIS)

    O'Connor, R.J.

    1982-01-01

    Forecasts on the rate of growth of electricity supply and demand were given. Emphasis was placed on the economic stability of electric utilities and their ability to raise necessary capital. The role of nuclear power in America's future was also discussed

  15. Assessing the worth of electric products and services in a new competitive marketplace: A review of market research methodologies and analytic tools

    Energy Technology Data Exchange (ETDEWEB)

    Cosgrove, S.J.; Spitzer, L. [AUS Consultants, Media, PA (United States)

    1994-11-01

    As electric utilities move from a heavily regulated environment to less regulated, differently regulated, or competitive environment, the importance of determining the relative value of products and services. We begin by examining the traditional method of assessing importance, rating scales. Then we look at other methodologies, such as multiple paired comparisons, constant sum, regression techniques, and hypothetical choice models. After discussing these methodologies, we demonstrate how they can be applied. We conclude by providing a summary of methods for assessing the worth of electric products and services. For most marketing studies, several criteria or attributes are identified as having an impact on the customer`s evaluation of a product and service. These criteria usually involve several aspects of both the product and service attributes.

  16. Effectively utilizing NYMEX contracts for natural gas electricity futures

    International Nuclear Information System (INIS)

    Burke, L.M.

    1996-01-01

    NYMEX (New York Mercantile Exchange) is one of the United States' largest commodity exchanges. The primary role of commodity exchanges were summarized as well as the characteristics of an effective exchange. The concept of commoditization, price risk and price volatility were explained. The evolution of world and domestic regulated energy markets, the characteristics of the futures market, NYMEX electricity futures contract specifications, natural gas and crude futures contract development, and the nature of hedging were reviewed. Differences of risk management practices in cash markets and futures markets were illustrated. tabs., figs

  17. Electric utility mergers and acquisitions seen in a larger perspective

    Energy Technology Data Exchange (ETDEWEB)

    Hawes, D.W.

    1995-10-01

    Merger negotiations are intricate and sensitive dances which, far more often than not, may end in failure. The famed prediction of {open_quotes}50 in five{close_quotes} may prove correct - though it may be 50 utilities in 2005. Still, mergers are only a partial hedge against what may, after all, be 10 years of better prices for customers and tougher times for shareholders.

  18. Determining firms׳ utility functions and competitive roles from data on market shares using Lotka–Volterra models

    Directory of Open Access Journals (Sweden)

    A. Marasco

    2016-06-01

    Full Text Available In this article, we include data on historical and estimated market shares of two markets. In particular, we include annual data on the market shares of the Japanese beer market (1963–2000 and biannual data on the market shares of the mobile phones market in Greece (1998–2007. In addition, we estimate monthly data on market shares for both markets. We show how this data can be used to derive firms’ utility functions and their competitive roles.

  19. Inefficiency persistence and heterogeneity in Colombian electricity utilities

    International Nuclear Information System (INIS)

    Galán, Jorge E.; Pollitt, Michael G.

    2014-01-01

    The electricity reform in Colombia has exhibited gains in terms of reliability but its effects on firm efficiency and service quality have not been clear. Previous studies evaluating the performance of distribution companies after the reform have not found evidence of improvements, although large differences in efficiency have been found among firms. This suggests high inefficiency persistence and heterogeneity in the Colombian distribution sector. In this paper, we propose an extension of dynamic stochastic frontier models that accounts for unobserved heterogeneity in the inefficiency persistence and in the technology. The model incorporates total expenses, service quality and energy losses in an efficiency analysis of Colombian distributors over fifteen years after the reform. We identify the presence of high inefficiency persistence in the sector, and important differences between firms. In particular, rural companies and firms with small customers present low persistence and evidence the largest gains in efficiency during the period. However, increases in efficiency are only manifested during thelast five years when the main improvements in service quality and energy losses are presented. Overall, inefficiency persistence, customer density and consumption density are found to be important criteria to be considered for regulatory purposes. - Highlights: • We evaluate efficiency of Colombian electricity distributors after the reform. • We use a stochastic frontier model with dynamic effects and heterogeneity. • We find high inefficiency persistence but important differences among firms. • High persistent and low efficient firms should draw the attention of the regulator. • Recent regulation in quality has increased not only efficiency but also tariffs

  20. Renewable generation technology choice and policies in a competitive electricity supply industry

    Science.gov (United States)

    Sarkar, Ashok

    Renewable energy generation technologies have lower externality costs but higher private costs than fossil fuel-based generation. As a result, the choice of renewables in the future generation mix could be affected by the industry's future market-oriented structure because market objectives based on private value judgments may conflict with social policy objectives toward better environmental quality. This research assesses how renewable energy generation choices would be affected in a restructured electricity generation market. A multi-period linear programming-based model (Resource Planning Model) is used to characterize today's electricity supply market in the United States. The model simulates long-range (2000-2020) generation capacity planning and operation decisions under alternative market paradigms. Price-sensitive demand is used to simulate customer preferences in the market. Dynamically changing costs for renewables and a two-step load duration curve are used. A Reference Case represents the benchmark for a socially-optimal diffusion of renewables and a basis for comparing outcomes under alternative market structures. It internalizes externality costs associated with emissions of sulfur dioxide (SOsb2), nitrous oxides (NOsbx), and carbon dioxide (COsb2). A Competitive Case represents a market with many generation suppliers and decision-making based on private costs. Finally, a Market Power Case models the extreme case of market power: monopoly. The results suggest that the share of renewables would decrease (and emissions would increase) considerably in both the Competitive and the Market Power Cases with respect to the Reference Case. The reduction is greater in the Market Power Case due to pricing decisions under existing supply capability. The research evaluates the following environmental policy options that could overcome market failures in achieving an appropriate level of renewable generation: COsb2 emissions tax, SOsb2 emissions cap, renewable