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1

Appendix C: Map of NEMS Electricity Market Module Regions  

Annual Energy Outlook 2012 (EIA)

U.S. Energy Information Administration | Analysis of Impacts of a Clean Energy Standard as requested by Chairman Bingaman Appendix C: Map of NEMS Electricity Market Module Regions...

2

Appendix C. Map of NEMS Electricity Market Module Regions  

Gasoline and Diesel Fuel Update (EIA)

U.S. Energy Information Administration | Analysis of Impacts of a Clean Energy Standard as requested by Chairman Hall Appendix C. Map of NEMS Electricity Market Module Regions...

3

Analysis and Representation of Miscellaneous Electric Loads in NEMS -  

Gasoline and Diesel Fuel Update (EIA)

Analysis and Representation of Miscellaneous Electric Loads in NEMS Analysis and Representation of Miscellaneous Electric Loads in NEMS Release date: January 6, 2014 Miscellaneous Electric Loads (MELs) comprise a growing portion of delivered energy consumption in residential and commercial buildings. Recently, the growth of MELs has offset some of the efficiency gains made through technology improvements and standards in major end uses such as space conditioning, lighting, and water heating. Miscellaneous end uses, including televisions, personal computers, security systems, data center servers, and many other devices, have continued to penetrate into building-related market segments. Part of this proliferation of devices and equipment can be attributed to increased service demand for entertainment, computing, and convenience appliances.

4

Electricity Market Module  

Reports and Publications (EIA)

Documents the Electricity Market Module as it was used for the Annual Energy Outlook 2013. The Electricity Market Module (EMM) is the electricity supply component of the National Energy Modeling System (NEMS). The EMM represents the generation, transmission, and pricing of electricity. It consists of four submodules: the Electricity Capacity Planning (ECP) Submodule, the Electricity Fuel Dispatch (EFD) Submodule, the Electricity Finance and Pricing (EFP) Submodule, and the Electricity Load and Demand (ELD) Submodule.

Jeff Jones

2013-07-24T23:59:59.000Z

5

Electricity Market Module  

U.S. Energy Information Administration (EIA) Indexed Site

Market Module Market Module This page inTenTionally lefT blank 101 U.S. Energy Information Administration | Assumptions to the Annual Energy Outlook 2013 Electricity Market Module The NEMS Electricity Market Module (EMM) represents the capacity planning, dispatching, and pricing of electricity. It is composed of four submodules-electricity capacity planning, electricity fuel dispatching, electricity load and demand, and electricity finance and pricing. It includes nonutility capacity and generation, and electricity transmission and trade. A detailed description of the EMM is provided in the EIA publication, Electricity Market Module of the National Energy Modeling System 2013, DOE/EIA-M068(2013). Based on fuel prices and electricity demands provided by the other modules of the NEMS, the EMM determines the most

6

Electricity Market Module  

Gasoline and Diesel Fuel Update (EIA)

This page intentionally left blank This page intentionally left blank 95 U.S. Energy Information Administration | Assumptions to the Annual Energy Outlook 2011 Electricity Market Module The NEMS Electricity Market Module (EMM) represents the capacity planning, dispatching, and pricing of electricity. It is composed of four submodules-electricity capacity planning, electricity fuel dispatching, electricity load and demand, and electricity finance and pricing. It includes nonutility capacity and generation, and electricity transmission and trade. A detailed description of the EMM is provided in the EIA publication, Electricity Market Module of the National Energy Modeling System 2011, DOE/EIA-M068(2011). Based on fuel prices and electricity demands provided by the other modules of the NEMS, the EMM determines the most

7

Electricity Market Module  

Gasoline and Diesel Fuel Update (EIA)

This page inTenTionally lefT blank 91 U.S. Energy Information Administration | Assumptions to the Annual Energy Outlook 2012 Electricity Market Module The NEMS Electricity Market Module (EMM) represents the capacity planning, dispatching, and pricing of electricity. It is composed of four submodules-electricity capacity planning, electricity fuel dispatching, electricity load and demand, and electricity finance and pricing. It includes nonutility capacity and generation, and electricity transmission and trade. A detailed description of the EMM is provided in the EIA publication, Electricity Market Module of the National Energy Modeling System 2012, DOE/EIA-M068(2012). Based on fuel prices and electricity demands provided by the other modules of the NEMS, the EMM determines the most

8

Electricity Markets  

NLE Websites -- All DOE Office Websites (Extended Search)

Electricity Markets Electricity Markets Researchers in the electricity markets area conduct technical, economic, and policy analysis of energy topics centered on the U.S. electricity sector. Current research seeks to inform public and private decision-making on public-interest issues related to energy efficiency and demand response, renewable energy, electricity resource and transmission planning, electricity reliability and distributed generation resources. Research is conducted in the following areas: Energy efficiency research focused on portfolio planning and market assessment, design and implementation of a portfolio of energy efficiency programs that achieve various policy objectives, utility sector energy efficiency business models, options for administering energy efficiency

9

Modeling Distributed Electricity Generation in the NEMS Buildings Models  

Reports and Publications (EIA)

This paper presents the modeling methodology, projected market penetration, and impact of distributed generation with respect to offsetting future electricity needs and carbon dioxide emissions in the residential and commercial buildings sector in the Annual Energy Outlook 2000 (AEO2000) reference case.

Erin Boedecker

2011-01-25T23:59:59.000Z

10

Electricity market module: Electricity fuel dispatch submodule  

Science Conference Proceedings (OSTI)

In previous Annual Energy Outlooks (AEO), international electricity trade was represented in the National Energy Modeling System (NEMS) Electricity Market Module (EMM) modeling framework as an exogenous input. The exception to this exogenous treatment was for firm power projections, i.e., new Canadian hydroelectric model builds. The AEO95 implementation of EMM allowed Canadian hydroelectric projects to be selected in the Electricity Capacity Planning (ECP) submodule on an annual basis and otherwise addressed as any other purchased power commitments. This technical memorandum addresses modifications to the Electricity Fuel Dispatch Submodule implemented in AEO96 to enhance the treatment of international electricity trade through the representation of economy imports from Canada.

NONE

1996-06-01T23:59:59.000Z

11

Capacity Markets for Electricity  

E-Print Network (OSTI)

Designing Markets for Electricity. Wiley IEEE Press. [25]in the England and Wales Electricity Market”, Power WorkingFelder (1996), “Should Electricity Markets Have a Capacity

Creti, Anna; Fabra, Natalia

2004-01-01T23:59:59.000Z

12

Assumptions to the Annual Energy Outlook 2002 - Electricity Market Module  

Gasoline and Diesel Fuel Update (EIA)

Electricity Market Module Electricity Market Module The NEMS Electricity Market Module (EMM) represents the capacity planning, dispatching, and pricing of electricity. It is composed of four submodules—electricity capacity planning, electricity fuel dispatching, load and demand-side management, and electricity finance and pricing. It includes nonutility capacity and generation, and electricity transmission and trade. A detailed description of the EMM is provided in the EIA publication, Electricity Market Module of the National Energy Modeling System 2002, DOE/EIA- M068(2002) January 2002. Based on fuel prices and electricity demands provided by the other modules of the NEMS, the EMM determines the most economical way to supply electricity, within environmental and operational constraints. There are

13

Assumptions to the Annual Energy Outlook 2001 - Electricity Market Module  

Gasoline and Diesel Fuel Update (EIA)

Electricity Market Module Electricity Market Module The NEMS Electricity Market Module (EMM) represents the capacity planning, dispatching, and pricing of electricity. It is composed of four submodules—electricity capacity planning, electricity fuel dispatching, load and demand-side management, and electricity finance and pricing. It includes nonutility capacity and generation, and electricity transmission and trade. A detailed description of the EMM is provided in the EIA publication, Electricity Market Module of the National Energy Modeling System 2001, DOE/EIA- M068(2001) January 2001. Based on fuel prices and electricity demands provided by the other modules of the NEMS, the EMM determines the most economical way to supply electricity, within environmental and operational constraints. There are

14

Model documentation: Electricity Market Module, Electricity Capacity Planning submodule  

SciTech Connect

The National Energy Modeling System (NEMS) is a computer modeling system developed by the Energy Information Administration (EIA). The NEMS produces integrated forecasts for energy markets in the United States by achieving a general equilibrium solution for energy supply and demand. Currently, for each year during the period from 1990 through 2010, the NEMS describes energy supply, conversion, consumption, and pricing. The Electricity Market Module (EMM) is the electricity supply component of the National Energy Modeling System (NEMS). The supply of electricity is a conversion activity since electricity is produced from other energy sources (e.g., fossil, nuclear, and renewable). The EMM represents the generation, transmission, and pricing of electricity. The EMM consists of four main submodules: Electricity Capacity Planning (ECP), Electricity Fuel Dispatching (EFD), Electricity Finance and Pricing (EFP), and Load and Demand-Side Management (LDSM). The ECP evaluates changes in the mix of generating capacity that are necessary to meet future demands for electricity and comply with environmental regulations. The EFD represents dispatching (i.e., operating) decisions and determines how to allocate available capacity to meet the current demand for electricity. Using investment expenditures from the ECP and operating costs from the EFD, the EFP calculates the price of electricity, accounting for state-level regulations involving the allocation of costs. The LDSM translates annual demands for electricity into distributions that describe hourly, seasonal, and time-of-day variations. These distributions are used by the EFD and the ECP to determine the quantity and types of generating capacity that are required to insure reliable and economical supplies of electricity. The EMM also represents nonutility suppliers and interregional and international transmission and trade. These activities are included in the EFD and the ECP.

1994-04-07T23:59:59.000Z

15

Capacity Markets for Electricity  

E-Print Network (OSTI)

ternative Approaches for Power Capacity Markets”, Papers andand Steven Stoft, “Installed Capacity and Price Caps: Oil onElectricity Markets Have a Capacity requirement? If So, How

Creti, Anna; Fabra, Natalia

2004-01-01T23:59:59.000Z

16

National Energy Modeling System (NEMS)  

DOE Data Explorer (OSTI)

The National Energy Modeling System (NEMS) is a computer-based, energy-economy modeling system of U.S. through 2030. NEMS projects the production, imports, conversion, consumption, and prices of energy, subject to assumptions on macroeconomic and financial factors, world energy markets, resource availability and costs, behavioral and technological choice criteria, cost and performance characteristics of energy technologies, and demographics. NEMS was designed and implemented by the Energy Information Administration (EIA) of the U.S. Department of Energy (DOE). NEMS can be used to analyze the effects of existing and proposed government laws and regulations related to energy production and use; the potential impact of new and advanced energy production, conversion, and consumption technologies; the impact and cost of greenhouse gas control; the impact of increased use of renewable energy sources; and the potential savings from increased efficiency of energy use; and the impact of regulations on the use of alternative or reformulated fuels. NEMS has also been used for a number of special analyses at the request of the Administration, U.S. Congress, other offices of DOE and other government agencies, who specify the scenarios and assumptions for the analysis. Modules allow analyses to be conducted in energy topic areas such as residential demand, industrial demand, electricity market, oil and gas supply, renewable fuels, etc.

17

EIA - Assumptions to the Annual Energy Outlook 2009 - Electricity Market  

Gasoline and Diesel Fuel Update (EIA)

Electricity Market Module Electricity Market Module Assumptions to the Annual Energy Outlook 2009 Electricity Market Module figure 6. Electricity Market Model Supply Regions. Need help, contact the National Energy Information Center at 202-586-8800. The NEMS Electricity Market Module (EMM) represents the capacity planning, dispatching, and pricing of electricity. It is composed of four submodules—electricity capacity planning, electricity fuel dispatching, load and demand electricity, and electricity finance and pricing. It includes nonutility capacity and generation, and electricity transmission and trade. A detailed description of the EMM is provided in the EIA publication, Electricity Market Module of the National Energy Modeling System 2009, DOE/EIA-M068(2009). Based on fuel prices and electricity demands provided by the other modules

18

Reliability and Competitive Electricity Markets  

E-Print Network (OSTI)

Behavior in a Competitive Electricity Market,” InternationalDemand Response in Electricity Markets,” Hewlett FoundationGreen, R. (1999) “The Electricity Contract Market in England

Joskow, Paul; Tirole, Jean

2004-01-01T23:59:59.000Z

19

Figure 6. Electricity Market Model Supply Regions  

E-Print Network (OSTI)

The NEMS Electricity Market Module (EMM) represents the capacity planning, dispatching, and pricing of electricity. It is composed of four submodules—electricity capacity planning, electricity fuel dispatching, load and demand electricity, and electricity finance and pricing. It includes nonutility capacity and generation, and electricity transmission and trade. A detailed description of the EMM is provided in the EIA publication, Electricity Market Module of the National Energy Modeling System 2010, DOE/EIA-M068(2010). Based on fuel prices and electricity demands provided by the other modules of the NEMS, the EMM determines the most economical way to supply electricity, within environmental and operational constraints. There are assumptions about the operations of the electricity sector and the costs of various options in each of the EMM submodules. This section describes the model parameters and assumptions used in EMM. It includes a discussion of legislation and regulations that are incorporated in EMM as well as information about the climate change action plan. The various electricity and technology cases are also described.

unknown authors

2010-01-01T23:59:59.000Z

20

Electricity Market Module  

Gasoline and Diesel Fuel Update (EIA)

6, DOE/EIA- 6, DOE/EIA- M068(2006). Based on fuel prices and electricity demands provided by the other modules of the NEMS, the EMM determines the most economical way to supply electricity, within environmental and operational constraints. There are assumptions about the operations of the electricity sector and the costs of various options in each of the EMM submodules. This section describes the model parameters and assumptions used in EMM. It includes a discussion of legislation and regulations that are incorporated in EMM as well as information about the climate change action plan. The various electricity and technology cases are also described. EMM Regions The supply regions used in EMM are based on the North American Electric Reliability Council regions and

Note: This page contains sample records for the topic "nems electricity market" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


21

EIA - Assumptions to the Annual Energy Outlook 2008 - Electricity Market  

Gasoline and Diesel Fuel Update (EIA)

Electricity Market Module Electricity Market Module Assumptions to the Annual Energy Outlook 2008 Electricity Market Module The NEMS Electricity Market Module (EMM) represents the capacity planning, dispatching, and pricing of electricity. It is composed of four submodules—electricity capacity planning, electricity fuel dispatching, load and demand electricity, and electricity finance and pricing. It includes nonutility capacity and generation, and electricity transmission and trade. A detailed description of the EMM is provided in the EIA publication, Electricity Market Module of the National Energy Modeling System 2008, DOE/EIA-M068(2008). Based on fuel prices and electricity demands provided by the other modules of the NEMS, the EMM determines the most economical way to supply electricity, within environmental and operational constraints. There are assumptions about the operations of the electricity sector and the costs of various options in each of the EMM submodules. This section describes the model parameters and assumptions used in EMM. It includes a discussion of legislation and regulations that are incorporated in EMM as well as information about the climate change action plan. The various electricity and technology cases are also described.

22

Assumptions to the Annual Energy Outlook - Electricity Market Module  

Gasoline and Diesel Fuel Update (EIA)

Electricity Market Module Electricity Market Module Assumption to the Annual Energy Outlook Electricity Market Module The NEMS Electricity Market Module (EMM) represents the capacity planning, dispatching, and pricing of electricity. It is composed of four submodules—electricity capacity planning, electricity fuel dispatching, load and demand-side management, and electricity finance and pricing. It includes nonutility capacity and generation, and electricity transmission and trade. A detailed description of the EMM is provided in the EIA publication, Electricity Market Module of the National Energy Modeling System 2004, DOE/EIA- M068(2004). Based on fuel prices and electricity demands provided by the other modules of the NEMS, the EMM determines the most economical way to supply electricity, within environmental and operational constraints. There are assumptions about the operations of the electricity sector and the costs of various options in each of the EMM submodules. This section describes the model parameters and assumptions used in EMM. It includes a discussion of legislation and regulations that are incorporated in EMM as well as information about the climate change action plan. The various electricity and technology cases are also described.

23

Electricity market clearing price forecasting under a deregulated electricity market .  

E-Print Network (OSTI)

??Under deregulated electric market, electricity price is no longer set by the monopoly utility company rather it responds to the market and operating conditions. Offering… (more)

Yan, Xing

2009-01-01T23:59:59.000Z

24

Designing Competitive Electricity Markets  

Science Conference Proceedings (OSTI)

This volume contains papers that were discussed at the first workshop on Markets for Electricity: Economics and Technology (MEET) held at Stanford University on March 7-8, 1997. The workshop's focus was how to design competitive electricity markets in an industry undergoing rapid changes in both economics and technology. The intended audience includes policy makers, policy-oriented academics, and corporate leaders. Chapters include: Introduction: Economic and Technological Principles in Designing Power M...

1998-12-19T23:59:59.000Z

25

NEMS integrating module documentation report  

Science Conference Proceedings (OSTI)

The National Energy Modeling System (NEMS) is a computer-based, energy-economy modeling system of U.S. energy markets for the midterm period. NEMS projects the production, imports, conversion, consumption, and prices of energy, subject to a variety of assumptions. The assumptions encompass macroeconomic and financial factors, world energy markets, resource availability and costs, behavioral and technological choice criteria, technology characteristics, and demographics. NEMS produces a general equilibrium solution for energy supply and demand in the U.S. energy markets on an annual basis through 2015. Baseline forecasts from NEMS are published in the Annual Energy Outlook. Analyses are also prepared in response to requests by the U.S. Congress, the DOE Office of Policy, and others. NEMS was first used for forecasts presented in the Annual Energy Outlook 1994.

NONE

1997-05-01T23:59:59.000Z

26

Reliability and competitive electricity markets  

E-Print Network (OSTI)

Despite all of the talk about ?deregulation? of the electricity sector, a large number of non-market mechanisms have been imposed on emerging competitive wholesale and retail markets. These mechanisms include spot market ...

Joskow, Paul L.

2004-01-01T23:59:59.000Z

27

Diagnosing Unilateral Market Power in Electricity Reserves Market  

E-Print Network (OSTI)

and Machado, M.P. , “Bilateral Market Power and VerticalSpanish Electricity Spot Market,” 2004, CEMFI Working PaperEquilibrium in Electricity Markets,” 2004, Journal of

Knittel, Christopher R; Metaxoglou, Konstantinos

2008-01-01T23:59:59.000Z

28

Capacity Markets for Electricity  

E-Print Network (OSTI)

the prevailing PJM energy market price. The demand in thethe prevailing national energy market price. Last, suppliersraising the national energy market price cap P up to f, in

Creti, Anna; Fabra, Natalia

2004-01-01T23:59:59.000Z

29

Electricity Market and Policy | Electricity Markets and Policy  

NLE Websites -- All DOE Office Websites (Extended Search)

Energy Analysis & Environmental Impacts Department The Electricity Markets and Policy Group conducts technical, economic, and policy analysis of energy topics centered on the U.S....

30

Oligopoly Equilibria in Electricity Contract Markets  

E-Print Network (OSTI)

2005) “Time-Varying Retail Electricity Prices: Theory andof U.S. Restructured Electricity Markets. CSEM Working Papers Deregulated Wholesale Electricity Market. ” American

Bushnell, James

2005-01-01T23:59:59.000Z

31

Capacity Markets for Electricity  

E-Print Network (OSTI)

Reliability Assessment [19] PJM, Monitoring Market Unit (at http://www.pjm.com. [20] PJM, Monitoring Market Unit (at http://www.pjm.com. [21] PJM, Monitoring Market Unit (

Creti, Anna; Fabra, Natalia

2004-01-01T23:59:59.000Z

32

EIA-Assumptions to the Annual Energy Outlook - Electricity Market Module  

Gasoline and Diesel Fuel Update (EIA)

Electricity Market Module Electricity Market Module Assumptions to the Annual Energy Outlook 2007 Electricity Market Module The NEMS Electricity Market Module (EMM) represents the capacity planning, dispatching, and pricing of electricity. It is composed of four submodules-electricity capacity planning, electricity fuel dispatching, load and demand electricity, and electricity finance and pricing. It includes nonutility capacity and generation, and electricity transmission and trade. A detailed description of the EMM is provided in the EIA publication, Electricity Market Module of the National Energy Modeling System 2007, DOE/EIA- M068(2007). Based on fuel prices and electricity demands provided by the other modules of the NEMS, the EMM determines the most economical way to supply electricity, within environmental and operational constraints. There are assumptions about the operations of the electricity sector and the costs of various options in each of the EMM submodules. This section describes the model parameters and assumptions used in EMM. It includes a discussion of legislation and regulations that are incorporated in EMM as well as information about the climate change action plan. The various electricity and technology cases are also described.

33

Electricity Market and Policy | Electricity Markets and Policy  

NLE Websites -- All DOE Office Websites (Extended Search)

Energy Analysis & Environmental Impacts Department Energy Analysis & Environmental Impacts Department The Electricity Markets and Policy Group conducts technical, economic, and policy analysis of energy topics centered on the U.S. electricity sector. Our current research seeks to inform public and private decision-making on public-interest issues related to energy efficiency and demand response, renewable energy, electricity resource and transmission planning, and electricity reliability. Demand Response & Smart Grid The Electricity Markets and Policy Group conducts public interest research on the smart grid and concepts, technologies and operating practices it enables from a market, policy, cost, benefit, and performance perspective. LEARN MORE... Electricity Reliability The reliability of the electric power system is critical to the economic

34

Assumptions to the Annual Energy Outlook 2000 - Electricity Market Demand  

Gasoline and Diesel Fuel Update (EIA)

Electricity Market Module (EMM) represents the planning, operations, and pricing of electricity in the United States. It is composed of four primary submodules—electricity capacity planning, electricity fuel dispatching, load and demand-side management, and electricity finance and pricing. In addition, nonutility generation and supply and electricity transmission and trade are represented in the planning and dispatching submodules. Electricity Market Module (EMM) represents the planning, operations, and pricing of electricity in the United States. It is composed of four primary submodules—electricity capacity planning, electricity fuel dispatching, load and demand-side management, and electricity finance and pricing. In addition, nonutility generation and supply and electricity transmission and trade are represented in the planning and dispatching submodules. Based on fuel prices and electricity demands provided by the other modules of the NEMS, the EMM determines the most economical way to supply electricity, within environmental and operational constraints. There are assumptions about the operations of the electricity sector and the costs of various options in each of the EMM submodules. The major assumptions are summarized below.

35

Market Organization and Market Efficiency in Electricity Markets  

E-Print Network (OSTI)

Electricity markets in the United States exhibit two different forms of organization: decentralized bilateral trading and centralized auction markets. Using detailed data on prices, quantities, and production costs, we examine how market outcomes changed when a large region in the Eastern US rapidly switched from a bilateral system of trade to a well-designed centralized auction market in 2004. Although economic theory yields ambiguous predictions, the empirical evidence indicates that shifting the venue of trade substantially improved overall market efficiency, and that these efficiency gains far exceeded implementation costs. Our analysis points to the merits of organized market institutions for electricity, a central issue in policy debates over market-oriented regulatory reforms.

Erin T. Mansur; Matthew W. White

2007-01-01T23:59:59.000Z

36

The Natural Number of Forward Markets for Electricity  

E-Print Network (OSTI)

2002). “The trouble with electricity markets: Understandings restructured wholesale electricity market,” Americanpricing derivatives in electricity markets,” Quantitative

Suenaga, Hiroaki; Williams, Jeffrey

2005-01-01T23:59:59.000Z

37

Duopoly electricity markets with accurate and inaccurate market goals  

Science Conference Proceedings (OSTI)

Electricity markets are complex systems due to their deregulation and restructuring. We develop an agent-based simulation model for a stylized electricity pool market and simulate the market as a repeated game. An online hill climbing with adjustment ...

Zhi Zhou; Wai Kin Victor Chan; Joe H. Chow; Serhiy Kotsan

2009-12-01T23:59:59.000Z

38

NREL: Transmission Grid Integration - Electricity Market Design  

NLE Websites -- All DOE Office Websites (Extended Search)

Electricity Market Design Researchers at NREL are studying electricity market designs to find ways to better accommodate variable renewable energy resources and maximize...

39

Capacity Markets for Electricity  

E-Print Network (OSTI)

incentives to respond to real-time prices. This implies thatve minutes and providing real-time price of See Joskow andthe highest prices in the PJM real-time spot market occurred

Creti, Anna; Fabra, Natalia

2004-01-01T23:59:59.000Z

40

Predicting market power in wholesale electricity markets  

E-Print Network (OSTI)

in California and more recently in the EU Sector Inquiry. The paper investigates its value in identifying the ability of ?rms to raise prices in an electricity market with contracts and capacity constraints and ?nd that it is most useful for the case of a single... positive number. Estimates for the value of the short-run demand elasticity for electricity are quite low, and over periods of months possibly below 0:25 for the ?domestic and other industry? sector, judging by the response to extraordinarily sharp price...

Newbery, David

Note: This page contains sample records for the topic "nems electricity market" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


41

NEMS integrating module documentation report  

Science Conference Proceedings (OSTI)

The National Energy Modeling System (NEMS) is a computer modeling system that produces a general equilibrium solution for energy supply and demand in the US energy markets. The model achieves a supply and demand balance in the end-use demand regions, defined as the nine Census Divisions, by solving for the prices of each energy type such that the quantities producers are willing to supply equal the quantities consumers wish to consume. The system reflects market economics, industry structure, and energy policies and regulations that influence market behavior. The NEMS Integrating Module is the central integrating component of a complex modeling system. As such, a thorough understanding of its role in the modeling process can only be achieved by placing it in the proper context with respect to the other modules. To that end, this document provides an overview of the complete NEMS model, and includes brief descriptions of the modules with which the Integrating Module interacts. The emphasis and focus, however, is on the structure and function of the Integrating Module of NEMS.

Not Available

1993-12-14T23:59:59.000Z

42

An Equilibrium Model of Investment in Restructured Electricity Markets  

E-Print Network (OSTI)

in Deregulated Wholesale Electricity Markets,” RAND JournalBehavior in a Competitive Electricity Market,” InternationalMarket Power in Electricity Markets: Beyond Concentration

Bushnell, Jim B; Ishii, Jun

2007-01-01T23:59:59.000Z

43

Electricity market players subgroup report  

SciTech Connect

The purpose of this study is to examine competition in the electric power industry from an industrial organization'' point of view. The remainder of this report is organized as follows. Chapter 2 describes the industrial organization'' approach used to analyze the electric power market. Industrial organization emphasizes specific market performance criteria, and the impact of market structure and behavior on performance. Chapter 3 identifies the participants in the electric power market, grouped primarily into regulated producers, unregulated producers, and consumers. Chapter 4 describes the varieties of electric power competition, organized along two dimensions: producer competition and consumer competition. Chapters 5 and 6 identify the issues raised by competition along the two dimensions. These issues include efficiency, equity, quality, and stability. Chapters 7 through 9 describe market structure, behavior and performance in three competitive scenarios: minimum competition, maximum competition, and moderate competition. Market structure, behavior and performance are discussed, and the issues raised in Chapters 5 and 6 are discussed in detail. Chapter 10 provides conclusions about winners and losers'' and identifies issues that require further study.

Borison, A.

1990-03-01T23:59:59.000Z

44

Electricity market players subgroup report  

SciTech Connect

The purpose of this study is to examine competition in the electric power industry from an ``industrial organization`` point of view. The remainder of this report is organized as follows. Chapter 2 describes the ``industrial organization`` approach used to analyze the electric power market. Industrial organization emphasizes specific market performance criteria, and the impact of market structure and behavior on performance. Chapter 3 identifies the participants in the electric power market, grouped primarily into regulated producers, unregulated producers, and consumers. Chapter 4 describes the varieties of electric power competition, organized along two dimensions: producer competition and consumer competition. Chapters 5 and 6 identify the issues raised by competition along the two dimensions. These issues include efficiency, equity, quality, and stability. Chapters 7 through 9 describe market structure, behavior and performance in three competitive scenarios: minimum competition, maximum competition, and moderate competition. Market structure, behavior and performance are discussed, and the issues raised in Chapters 5 and 6 are discussed in detail. Chapter 10 provides conclusions about ``winners and losers`` and identifies issues that require further study.

Borison, A.

1990-03-01T23:59:59.000Z

45

Market concentration and marketing power among electricity generators in Texas  

SciTech Connect

Policy initiatives designed to foster competition among electricity generators in Texas face a special challenge due to the relative isolation of that system. This isolation contributes to high levels of market concentration and market power that could hinder the development of a truly competitive market. This paper examines market concentration and market power in the ERCOT market for electricity generation by calculating the Herfindahl-Hirschman index (HHI) under various assumptions to gauge the degree of market concentration among generators in ERCOT. In addition, some ongoing studies of market power in ERCOT are discussed. The distinction between market concentration and market power is highlighted.

Zarnikau, J.; Lam, A. [Planergy Inc., Austin, TX (United States)

1998-11-01T23:59:59.000Z

46

California's Electricity Crisis: A Market Apart?  

E-Print Network (OSTI)

Competition Policy in the U.S. Electricity Industry."Electricity Deregulation: Choices and Challenges. J. GriffinFor California Wholesale Electricity Markets. ” Docket No.

Bushnell, James

2003-01-01T23:59:59.000Z

47

Optimal combinatorial electricity markets  

Science Conference Proceedings (OSTI)

The deregulation of the electricity industry in many countries has created a number of marketplaces in which producers and consumers can operate in order to more effectively manage and meet their energy needs. To this end, this paper develops a new model ... Keywords: Multi-agent systems, combinatorial auctions, distributed artificial intelligence

Yoseba K. Penya; Nicholas R. Jennings

2008-04-01T23:59:59.000Z

48

TRANSMISSION EFFECTS IN MARKET POWER ANALYSIS OF ELECTRICITY MARKETS  

E-Print Network (OSTI)

TRANSMISSION EFFECTS IN MARKET POWER ANALYSIS OF ELECTRICITY MARKETS Thomas J. Overbye George Gross, congestion, merger analysis, PTDF 1. INTRODUCTION The electric power industry throughout the world of the impact that the electrical transmission system has on the analysis market power opportunities

Gross, George

49

Electricity markets in the western United States  

SciTech Connect

This article introduces the use of rigorous econometric tools to understand the geographic scope of the market for generation services. These tools are applied to data from the current wholesale electricity market in the western United States. The behavior of the current wholesale electricity market and the methods used to assess the expanse of the geographic market in the current wholesale electricity market can go a long way toward informing the discussion of pricing behavior and performance in a restructured electricity industry. First, the current wholesale electricity market is already effectively unregulated and suffers from the same technical complexities that face a retail electricity market. Consequently, understanding the supply and demand conditions that cause the extent of the geographic market for generation services to narrow in the current wholesale electricity market can shed light on which times the geographic expanse of the market may narrow in a restructures electricity market. Second, the techniques developed in this paper to assess the extent of the current wholesale electricity market can be applied readily to a restructured electricity market. Finally, because market conditions in the electricity industry are likely to change significantly in the next few years, as the structure of the electricity sector changes dramatically, this analysis of the geographic expanse of the market can provide a useful benchmark against which to compare post-restructuring wholesale price relationships.

Bailey, E.M.

1998-07-01T23:59:59.000Z

50

The National Energy Modeling System: An Overview 1998 - Overview of NEMS  

Gasoline and Diesel Fuel Update (EIA)

OVERVIEW OF NEMS OVERVIEW OF NEMS blueball.gif (205 bytes) Major Assumptions blueball.gif (205 bytes) NEMS Modular Structure blueball.gif (205 bytes) Integrating Module NEMS represents domestic energy markets by explicitly representing the economic decisionmaking involved in the production, conversion, and consumption of energy products. For example, the penetration of a new or advanced technology for electricity generation is projected only if the technology is deemed to be economic when considering the cost-minimizing mix of fuels over the life of the equipment. Since energy costs and availability and energy- consuming characteristics can vary widely across regions, considerable regional detail is included. Other details of production and consumption categories are represented to

51

Using Forward Markets to Improve Electricity Market Design  

E-Print Network (OSTI)

Forward markets, both medium term and long term, complement the spot market for wholesale electricity. The forward markets reduce risk, mitigate market power, and coordinate new investment. In the medium term, a forward energy market lets suppliers and demanders lock in energy prices and quantities for one to three years. In the long term, a forward reliability market assures adequate resources are available when they are needed most. The forward markets reduce risk for both sides of the market, since they reduce the quantity of energy that trades at the more volatile spot price. Spot market power is mitigated by putting suppliers and demanders in a more balanced position at the time of the spot market. The markets also reduce transaction costs and improve liquidity and transparency. Recent innovations to the Colombia market illustrate the basic elements of the forward markets and their beneficial role. 1

Lawrence M. Ausubel; Peter Cramton

2010-01-01T23:59:59.000Z

52

Simulation Models of Market Power in Electric Markets  

NLE Websites -- All DOE Office Websites (Extended Search)

Simulation Models of Market Power in Electric Markets Speaker(s): James Bushnell Date: October 26, 2004 - 12:00pm Location: Bldg. 90 Seminar HostPoint of Contact: Bernard...

53

Market Organization and Efficiency in Electricity Markets  

E-Print Network (OSTI)

and information about market procedures, and to Frank Wolak for comments on an earlier draft. v7.55 #12). It seeks to identify specific market rules and pro- tocols that can speed information revelation, discover involved in energy production and its delivery. During the past decade, this heterogeneity in market

Sadoulet, Elisabeth

54

Lessons from International Experience with Electricity Market Monitoring  

E-Print Network (OSTI)

in Restructured Electricity Markets: An Internationalon the Office of Gas and Electricity Markets (Ofgem) Licensethe California Electricity Crisis,” The Electricity Journal,

Wolak, Frank

2004-01-01T23:59:59.000Z

55

Economic Consequences of Alternative Solution Methods for Centralized Unit Commitment in Day-Ahead Electricity Markets  

E-Print Network (OSTI)

commitment in competitive electricity markets,” Util. Pol. ,of market design,” in Electricity Market Reform: Anrestructured competitive electricity markets. and variable

Sioshansi, Ramteen; O'Neill, Richard; Oren, Shmuel S

2008-01-01T23:59:59.000Z

56

Managing market risks in the Australian national electricity market.  

E-Print Network (OSTI)

??The restructuring of many national and state electricity industries over the last two decades has created new sets of laws and regulations, market design and… (more)

Tham, Poh Weng

2005-01-01T23:59:59.000Z

57

Market power in electricity markets: Beyond concentration measures  

SciTech Connect

The wave of electricity market restructuring both within the US and abroad has brought the issue of horizontal market power to the forefront of energy policy. Traditionally, estimation and prediction of market power has relied heavily on concentration measures. In this paper, the authors discuss the weaknesses of concentration measures as a viable measure of market power in the electricity industry, and they propose an alternative method based on market simulations that take advantage of existing plant level data. The authors discuss results from previous studies they have performed, and present new results that allow for the detection of threshold demand levels where market power is likely to be a problem. In addition, the authors analyze the impact of that recent divestitures in the California electricity market will have on estimated market power. They close with a discussion of the policy implications of the results.

Borenstein, S.; Bushnell, J.; Knittel, C.R.

1999-07-01T23:59:59.000Z

58

Hedging and Vertical Integration in Electricity Markets  

Science Conference Proceedings (OSTI)

This paper analyzes the interactions between competitive (wholesale) spot, retail, and forward markets and vertical integration in electricity markets. We develop an equilibrium model with producers, retailers, and traders to study and quantify the impact ... Keywords: asset pricing, corporate finance, electric--electronic, financial institutions, industries, markets

René Aïd; Gilles Chemla; Arnaud Porchet; Nizar Touzi

2011-08-01T23:59:59.000Z

59

Electric Power Market Simulations Using Individuals  

E-Print Network (OSTI)

Laboratory Argonne, IL 60439, USA guenter@anl.gov #12;2 Market Simulations Allow Us to Explore Market Market Demand agent ­ Consume electricity ­ Curtail demand when electricity becomes very expensive There Are Weather Forecast Errors Demand Forecasts Are Imperfect #12;6 Argonne Agents Submit Bid Forms to the ISO

Kemner, Ken

60

CSEM WP 124 Capacity Markets for Electricity  

E-Print Network (OSTI)

CSEM WP 124 Capacity Markets for Electricity Anna Creti, LEEERNA, University of Toulouse for Electricity Anna Creti LEEERNA, University of Toulouse Natalia Fabra Universidad Carlos III de Madrid February 2004 Abstract The creation of electricity markets has raised the fundamental question as to whether

California at Berkeley. University of

Note: This page contains sample records for the topic "nems electricity market" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


61

On the Dynamic Stability of Electricity Markets  

E-Print Network (OSTI)

Electricity market models have become an indispensable tool for analyzing and pre- dicting the impact of diverse dynamic drivers (e.g., weather, load, fuel prices  ...

62

Figure F2. Electricity market module regions  

U.S. Energy Information Administration (EIA)

U.S. Energy Information Administration Annual Energy Outlook 2013 227 Regional maps Figure F2. Electricity market module regions Source: U.S. Energy Information ...

63

Electricity market efficiency and voltage stability.  

E-Print Network (OSTI)

??Several electricity markets were created in the last two decades by deregulation and restructuring vertically integrated utilities. In order to serve the best interest of… (more)

Elkasrawy, Ayman Helmy Mostafa

2010-01-01T23:59:59.000Z

64

Market Structure and Competition: A Cross-Market Analysis of U.S. Electricity Deregulation  

E-Print Network (OSTI)

Wolak (2002). “Measuring Market Ine?ciencies in California’Wholesale Electricity Market. ” American Economic Review,s Electricity Crisis: A Market Apart?. ” Energy Policy. 32(

Bushnell, James; Mansur, Erin T.; Saravia, Celeste

2004-01-01T23:59:59.000Z

65

New Zealand Energy Data: Electricity Balance and Market Data...  

Open Energy Info (EERE)

electricity. Included here are three datasets: electricity energy balance (2005 - 2009), electricity market snapshot (2009), and market competition statistics (2004 - 2009).
...

66

Diagnosing Market Power in California's Deregulated Wholesale Electricity Market  

E-Print Network (OSTI)

Effective competition in wholesale electricity markets is a necessary feature of a successful electricity supply industry restructuring. We examine the degree of competition in the California wholesale electricity market during the period June 1998 to September 1999 by comparing the market prices with estimates of the prices that would have resulted if owners of instate fossil fuel generating facilities behaved as price takers. We find that there were significant departures from competitive pricing and that these departures are most pronounced during the highest demand periods, which tend to occur during the months of July through September. Through most of the winter and spring of 1999 there was little evidence of the exercise of market power. We find a significantly lower amount of market power exercised during summer 1999 than for the same months in summer 1998. Overall, the exercise of market power raised the cost of power purchases by about 16% above the competitive level. Following the p...

Severin Borenstein; Severin Borenstein; James Bushnell; James Bushnell; Frank Wolak; Frank Wolak

2000-01-01T23:59:59.000Z

67

Reliability and Competitive Electricity Markets  

E-Print Network (OSTI)

as energy is dispatched only when the market price exceedsof energy sold in the wholesale spot market: • The price-energy dispatched through the market and a second higher price

Joskow, Paul; Tirole, Jean

2004-01-01T23:59:59.000Z

68

Market Power in Power Markets: An Empirical Examination of Competition in the New Zealand Electricity Market.  

E-Print Network (OSTI)

??This paper considers the performance of the New Zealand Electricity Market after the introduction of competition for the supply of wholesale electricity in 1996. Using… (more)

Gerritsen, Benjamin

2006-01-01T23:59:59.000Z

69

AEOP2011:Electricity Generation Capacity by Electricity Market Module  

Open Energy Info (EERE)

AEOP2011:Electricity Generation Capacity by Electricity Market Module AEOP2011:Electricity Generation Capacity by Electricity Market Module Region and Source Dataset Summary Description This dataset comes from the Energy Information Administration (EIA), and is part of the 2011 Annual Energy Outlook Report (AEO2011). This dataset is table 97, and contains only the reference case. The dataset uses billion kilowatthours. The data is broken down into Texas regional entity, Florida reliability coordinating council, Midwest reliability council and Northeast power coordination council. Source EIA Date Released April 26th, 2011 (3 years ago) Date Updated Unknown Keywords AEO Electricity electricity market module region generation capacity Data application/vnd.ms-excel icon AEO2011: Electricity Generation Capacity by Electricity Market Module Region and Source- Reference Case (xls, 10.6 KiB)

70

AEOP2011:Electricity Generation Capacity by Electricity Market...  

Open Energy Info (EERE)

AEOP2011:Electricity Generation Capacity by Electricity Market Module Region and Source

71

Assessing the efficiency of US electricity markets  

SciTech Connect

The recent California's energy crisis has raised doubts about the benefits of energy deregulation. While it is true that the California electricity market is in turmoil, other electricity markets like the Pennsylvania-New Jersey-Maryland (PJM) are doing fine. This paper assesses the mark of efficiency reached by the electricity markets in California, New York, and PJM. It also compares the degree of efficiency across markets (forward vs. real time) and across time. In terms of market efficiency no significant differences between the California and PJM electricity markets were discovered in the year of California's energy crisis (2000). This research suggests that differences in price behavior between these two markets during 2000 did not arise from differences in efficiency. According to our analysis and measure of efficiency, PJM and California electricity markets are more efficient than the New York market. Also, as these markets become more mature over time, their efficiency goes up. We also found evidence that multi-settlement scheduling system leads to higher efficiency.

Arciniegas, I. E. (Ismael E.); Barrett, C. L. (Christopher L.); Marathe, A. (Achla)

2001-01-01T23:59:59.000Z

72

Market power and electricity market reform in Northeast China  

E-Print Network (OSTI)

The Northeast region of China has been used as a testing ground for creation of a functioning wholesale electric power market. We describe the ownership structure of the generation assets for those plants participating in ...

Zhang, Xiaochun

2008-01-01T23:59:59.000Z

73

Overview of NEMS-H2, Version 1.0  

NLE Websites -- All DOE Office Websites (Extended Search)

NEMS-H2, Version 1.0 NEMS-H2, Version 1.0 Frances Wood OnLocation, Inc., Energy Systems Consulting (fwood@onlocationinc.com) January 26, 2006 OnLocation, Inc., Energy Systems Consulting 2 Today's Presentation * Overview of NEMS-H2 Structure * Current Status * New Hydrogen Market Module (HMM) * Transportation Module Modifications * Preliminary Test Runs * Looking Ahead to Next Phase OnLocation, Inc., Energy Systems Consulting 3 NEMS Overview * The National Energy Modeling System (NEMS) was developed and is maintained by EIA - Annual Energy Outlook projections - Congressional as well as agency requests * NEMS has also been used extensively outside of EIA - Various National Laboratories studies - National Commission on Energy Policy - Program offices within DOE for R&D benefits estimation * Modular structure allows each sector to be represented by

74

Model documentation: Electricity market module, electricity finance and pricing submodule  

SciTech Connect

The purpose of this report is to define the objectives of the model, describe its basic approach, and provide detail on how it works. The EFP is a regulatory accounting model that projects electricity prices. The model first solves for revenue requirements by building up a rate base, calculating a return on rate base, and adding the allowed expenses. Average revenues (prices) are calculated based on assumptions regarding regulator lag and customer cost allocation methods. The model then solves for the internal cash flow and analyzes the need for external financing to meet necessary capital expenditures. Finally, the EFP builds up the financial statements. The EFP is used in conjunction with the National Energy Modeling System (NEMS). Inputs to the EFP include the forecast generating capacity expansion plans, operating costs, regulator environment, and financial data. The outputs include forecasts of income statements, balance sheets, revenue requirements, and electricity prices.

1994-04-07T23:59:59.000Z

75

A Two Stage Stochastic Equilibrium Model for Electricity Markets ...  

E-Print Network (OSTI)

Feb 6, 2008 ... A Two Stage Stochastic Equilibrium Model for Electricity Markets with Two ... Price and Woods [10] for a duopoly market to an oligopoly market.

76

Bringing Electric Cars to Market  

E-Print Network (OSTI)

controlled natural gas electric-power plants or zero-emit-electric power plants fired with oil, natural gas, and coal.

Sperling, Daniel

1995-01-01T23:59:59.000Z

77

Bringing Electric Cars to Market  

E-Print Network (OSTI)

transportation choices toward reduced social and envi- Electric Performance, and and Cooperative Development, ronmental costs.

Sperling, Daniel

1995-01-01T23:59:59.000Z

78

Aggregation in the USA Electricity Market  

Science Conference Proceedings (OSTI)

This report examines current and likely future activity in the electricity aggregation market. Using a combination of quantitative and qualitative techniques, the study was designed to provide an understanding of the types of organizations that are currently involved in marketing or aggregating electricity, motives underlying current levels of activity, and preferred types of participation for those choosing to involve themselves. In addition the study examined why other organizations had decided not to ...

1999-12-14T23:59:59.000Z

79

Aggregation in the USA Electricity Market  

Science Conference Proceedings (OSTI)

This report examined current and likely future activity in the electricity aggregation market. Using a combination of quantitative and qualitative techniques, the study was designed to provide an understanding of the types of organizations that are currently involved in marketing for aggregating electricity, motives underlying current levels of activity, and preferred types of participation for those choosing to involve themselves. In addition the study examined why other organizations had decided not to...

1999-11-29T23:59:59.000Z

80

electricity market module region | OpenEI  

Open Energy Info (EERE)

342 342 Varnish cache server Browse Upload data GDR 429 Throttled (bot load) Error 429 Throttled (bot load) Throttled (bot load) Guru Meditation: XID: 2142281342 Varnish cache server electricity market module region Dataset Summary Description This dataset comes from the Energy Information Administration (EIA), and is part of the 2011 Annual Energy Outlook Report (AEO2011). Source EIA Date Released April 26th, 2011 (3 years ago) Date Updated Unknown Keywords AEO Electricity electricity market module region generation capacity Data application/vnd.ms-excel icon AEO2011: Electricity Generation Capacity by Electricity Market Module Region and Source- Reference Case (xls, 10.6 KiB) Quality Metrics Level of Review Peer Reviewed Comment Temporal and Spatial Coverage Frequency Annually

Note: This page contains sample records for the topic "nems electricity market" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


81

AEO2011: Electricity Generation by Electricity Market Module...  

Open Energy Info (EERE)

Generation by Electricity Market Module Region and Source

82

Geographic market delineation in LMP electric power markets  

SciTech Connect

The Federal Energy Regulatory Commission has jurisdiction over sales of electric generation assets in the United States, and it has found that generation on the high-priced side of transmission constraints provides competition for generators on the low-priced side. This article shows that this reasoning is correct in locational marginal price (LMP) electric power markets now prevalent in the U.S. (author)

Morris, John R.; Accordino, Megan H.

2010-04-15T23:59:59.000Z

83

Competitive Microgrid Electricity Market Design.  

E-Print Network (OSTI)

??The electric power grid forms the foundation for several other critical infrastructures of national importance such as public health, transportation and telecommunication systems, to thrive.… (more)

Krovvidi, Sai S

2010-01-01T23:59:59.000Z

84

AEO2011: Electricity Generation by Electricity Market Module Region and  

Open Energy Info (EERE)

Generation by Electricity Market Module Region and Generation by Electricity Market Module Region and Source Dataset Summary Description This dataset comes from the Energy Information Administration (EIA), and is part of the 2011 Annual Energy Outlook Report (AEO2011). This dataset is table 96, and contains only the reference case. The dataset uses billion kilowatthours. The data is broken down into texas regional entity, Florida reliability coordinating council, midwest reliability council and northeast power coordination council. Source EIA Date Released April 26th, 2011 (3 years ago) Date Updated Unknown Keywords 2011 AEO EIA Electricity generation Data application/vnd.ms-excel icon AEO2011: Electricity Generation by Electricity Market Module Region and Source- Reference Case (xls, 400.2 KiB) Quality Metrics

85

Electricity Market Design and Price Manipulation  

E-Print Network (OSTI)

Integration of physical transactions and financial contracts is central to successful electricity market design. Virtually every energy transaction has some impact on prices. The mere fact that a physical transaction can affect prices to some degree, and thereby influence the prices of related financial contracts, cannot be a per se definition of price manipulation. A principled policy for characterizing price manipulation in organized electricity markets includes a stand-alone profitability test. Multiple market-clearing prices arise from degenerate pricing conditions that can occur in electricity markets under economic dispatch. In some instances, small changes in bilateral schedules can produce large changes in prices. These prices affect the value of associated financial transmission rights. A stand-alone profitability test distinguishes transactions that are consistent with workably competitive markets from transactions that serve no economic purpose other than to manipulate prices and profit from other financial contracts. Generalizing this standard to the degenerate conditions that give rise to multiple market-clearing prices provides a principled solution without undermining the market-design foundations that integrate economic dispatch, locational prices and financial transmission rights.

William W. Hogan; William W. Hogan I

2012-01-01T23:59:59.000Z

86

Computing the Electricity Market Equilibrium: Uses of market equilibrium models  

E-Print Network (OSTI)

]. On the demand side, considerable demand is simply not exposed to wholesale price variation, which greatly complicates the spec- ification of a demand model. Furthermore, the specification of electricity markets Engineer- ing, The University of Texas at Austin, Austin, TX 78712, USA (email: baldick

Baldick, Ross

87

Model documentation: Electricity Market Module, Electricity Fuel Dispatch Submodule  

SciTech Connect

This report documents the objectives, analytical approach and development of the National Energy Modeling System Electricity Fuel Dispatch Submodule (EFD), a submodule of the Electricity Market Module (EMM). The report catalogues and describes the model assumptions, computational methodology, parameter estimation techniques, model source code, and forecast results generated through the synthesis and scenario development based on these components.

Not Available

1994-04-08T23:59:59.000Z

88

NEMS industrial module documentation report  

SciTech Connect

The NEMS Industrial Demand Model is a dynamic accounting model, bringing together the disparate industries and uses of energy in those industries, and putting them together in an understandable and cohesive framework. The Industrial Model generates mid-term (up to the year 2010) forecasts of industrial sector energy demand as a component of the NEMS integrated forecasting system. From the NEMS system, the Industrial Model receives fuel prices, employment data, and the value of output of industrial activity. Based on the values of these variables, the Industrial Model passes back to the NEMS system estimates of consumption by fuel types.

1994-01-01T23:59:59.000Z

89

Speculative Trading and Market Performance: The Effect of Arbitrageurs on Efficiency and Market Power in the New York Electricity Market  

E-Print Network (OSTI)

This means that all electricity trades must be scheduledspeculators to trade in an electricity market, regulatorsrestricted trade to producers and retailers of electricity.

Saravia, Celeste

2003-01-01T23:59:59.000Z

90

Strategic bidding methodology for electricity markets using adaptive learning  

Science Conference Proceedings (OSTI)

The very particular characteristics of electricity markets, require deep studies of the interactions between the involved players. MASCEM is a market simulator developed to allow studying electricity market negotiations. This paper presents a new proposal ... Keywords: adaptive learning, electricity markets, forecasting methods, intelligent agents, multiagent systems

Tiago Pinto; Zita Vale; Fátima Rodrigues; Hugo Morais; Isabel Praça

2011-06-01T23:59:59.000Z

91

A FRAMEWORK FOR ELECTRICITY MARKET MONITORING Teoman Gler  

E-Print Network (OSTI)

A FRAMEWORK FOR ELECTRICITY MARKET MONITORING Teoman Güler University of Illinois at Urbana gross@uiuc.edu Abstract ­ The experiences to date with the im- plementation of electricity markets- structuring electricity. The market monitoring no- tions used in securities and commodity markets can

Gross, George

92

Marketing Reordering of the Electric Utility Industry  

E-Print Network (OSTI)

ELCON is a group of large industrial consumers of electricity with facilities in most of the 50 states and many foreign countries. Our members produce a wide range of products including steel, aluminum, chemicals, industrial gases, glass, motor vehicles, textiles and food. ELCON members consume approximately ten percent of all electricity sold to industrial customers and nearly five percent of all electricity consumed in the United States. We require an adequate and reliable supply of electricity at reasonable prices, so as you can imagine, we have a continuing interest in all aspects of the production, pricing, and delivery of electricity. ELCON member companies believe strongly that the electric utility industry is undergoing a market reordering that is being shaped by technological, institutional and legal forces. We see technical developments that now make small-scale generation economically attractive, if not downright desirable. Key regulatory and consumer institutions are taking fresh, new looks at issues such as wheeling and access to the grid that used to be considered sacred and untouchable. Some states are passing laws and implementing regulations that will require new thinking and new operating procedures on the part of utilities and consumers. I see these developments as logical reactions to changes in market forces. Change will take place. The relevant questions are: How will regulators and policy makers be influenced by market forces in the future? And: Will utilities, consumers and regulators attempt to benefit from market pressures or, alternatively, try to oppose what I believe is inevitable evolution to a more market-oriented electric industry?

Anderson, J. A.

1986-06-01T23:59:59.000Z

93

Market Structure and Competition: A Cross-Market Analysis of U.S. Electricity Deregulation  

E-Print Network (OSTI)

s Deregulated Wholesale Electricity Market. ” AmericanCompetition Policy in the U.S. Electricity Industry. ”Electricity Restructuring: Choices and Challenges. J. Gri?en

Bushnell, James; Mansur, Erin T.; Saravia, Celeste

2004-01-01T23:59:59.000Z

94

EIA Buildings Analysis of Consumer Behavior in NEMS  

U.S. Energy Information Administration (EIA) Indexed Site

Buildings Analysis of Consumer Buildings Analysis of Consumer Behavior in NEMS Behavioral Economics Experts Meeting July 17, 2013 | Washington, DC David Peterson Buildings Energy Consumption and Efficiency Analysis Overview Behavioral Economics Experts Meeting, Washington DC, July 17, 2013 2 * NEMS Structure * Housing/floorspace and service demand in Residential Demand Module (RDM) and Commercial Demand Module (CDM) * Market share calculation for equipment in RDM and CDM * Price responses / elasticities * Distributed generation (DG) & combined heat and power (CHP) NEMS Structure Behavioral Economics Experts Meeting, Washington DC, July 17, 2013 3 * Represents energy supply, conversion, and demand in a unified, but modular system * Detailed structural and process models in most energy sectors

95

Deregulating UK Gas and Electricity Markets: How is Competition...  

NLE Websites -- All DOE Office Websites (Extended Search)

markets, the effects of economic regulation on quality of service and the evolution of tariff structures in the gas and electricity markets. Catherine has advised economic...

96

Proposed insurance and reserve management scheme for Singapore electricity market.  

E-Print Network (OSTI)

??The objective of the research is to improve the market design in the Singapore Electricity Market. There are three aspects that this thesis tries to… (more)

Xia, Linmin.

2008-01-01T23:59:59.000Z

97

Applying mathematical finance tools to the competitive Nordic electricity market.  

E-Print Network (OSTI)

??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… (more)

Vehviläinen, Iivo

2004-01-01T23:59:59.000Z

98

EECS 598 Special Topic Electricity Networks and Markets  

E-Print Network (OSTI)

and day-ahead markets, energy and capacity markets, bilateral trading, and markets for ancillary services, bilateral trading, energy and capacity markets, ancillary service markets, trading over transmissionEECS 598 Special Topic Electricity Networks and Markets Wednesday and Friday, 9:00-10:30am Winter

Hiskens, Ian A.

99

An Overview of the Operation of Ontario's Electricity Market  

E-Print Network (OSTI)

reserves as well as a financial market for transmission rights, administered by the Independent Electricity, Ontario power industry, electricity market design, transmission rights. I. INTRODUCTION THE electric power1 An Overview of the Operation of Ontario's Electricity Market H. Zareipour, Student Member, IEEE

Cañizares, Claudio A.

100

Market Integration, Efficiency, and Interconnectors: The Irish Single Electricity Market  

E-Print Network (OSTI)

). Interconnecting fossil dominated electricity systems such as SEM with hydro based systems could reduce price volatility and mitigate subsequent market uncertainties (Matsukawa and Mulder, 2004). A stable wholesale price, on the other hand, provides stability... as shown in Table 1. Only 1% of scheduled generation in SEM was obtained via the interconnector in 2008 (UREGNI, 2009). Figure one shows the scheduled generation mix for the first three quarters of 2009 (January-September). The fuel mix is dominated...

Nepal, Rabindra; Jamasb, Tooraj

Note: This page contains sample records for the topic "nems electricity market" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


101

Dynamic Pricing and Learning in Electricity Markets  

Science Conference Proceedings (OSTI)

We analyze the price-formation process in an infinite-horizon oligopoly model where hydroelectric generators engage in dynamic price-based competition. The analysis focuses on the role of "indifference" prices, i.e., prices that equate the gains from ... Keywords: Dynamic auctions, Economics, Games: stochastic, Natural resources: energy, Noncooperative, Restructured electricity markets, Water resources

Alfredo Garcia; Enrique Campos-Nañez; James Reitzes

2005-03-01T23:59:59.000Z

102

Market Power in California Electricity Markets Severin Borenstein, James Bushnell, Edward Kahn, and  

E-Print Network (OSTI)

PWP-036 Market Power in California Electricity Markets Severin Borenstein, James Bushnell, Edward;Market Power in California Electricity Markets Severin Borenstein, James Bushnell, Edward Kahn and Steven Abstract As the electricity industry in California undergoes a process of fundamental restructuring

California at Berkeley. University of

103

Vertical Integration in Restructured Electricity Markets: Measuring Market Efficiency and Firm Conduct  

E-Print Network (OSTI)

Stoft. 2000. “Monitoring the PJM Energy Market: SummerUnit (MMU). 2000-2001. PJM Interconnection State of theintegration of ?rms in the PJM market re- duces electricity

Mansur, Erin T.

2003-01-01T23:59:59.000Z

104

Enhancing Efficient Functioning of the Nordic Electricity Market  

E-Print Network (OSTI)

Enhancing Efficient Functioning of the Nordic Electricity Market Summary and Conclusions 24............................................................................................... 7 2.2.3 Roles in enhancing effective functioning of the electricity market PHYSICAL BALANCES .............................................. 19 6. JOINT NORDIC TRANSMISSION

105

Electricity Derivative Markets: Investment Valuation, Production Planning and Hedging.  

E-Print Network (OSTI)

??This thesis studies electricity derivative markets from a view point of an electricity producer. The traditionally used asset pricing methods, based on the no arbitrage… (more)

Näsäkkälä, Erkka

2005-01-01T23:59:59.000Z

106

Electricity derivative markets : investment valuation, production planning and hedging.  

E-Print Network (OSTI)

??This thesis studies electricity derivative markets from a view point of an electricity producer. The traditionally used asset pricing methods, based on the no arbitrage… (more)

Näsäkkälä, Erkka

2005-01-01T23:59:59.000Z

107

Electric Market and Utility Operation Terminology (Fact Sheet)  

Science Conference Proceedings (OSTI)

This fact sheet is a list of electric market and utility operation terminology for a series of three electricity fact sheets.

Not Available

2011-05-01T23:59:59.000Z

108

Modeling renewable portfolio standards for the annual energy outlook 1998 - electricity market module  

SciTech Connect

The Electricity Market Module (EMM) is the electricity supply component of the National Energy Modeling System (NEMS). The EMM represents the generation, transmission, and pricing of electricity. It consists of four submodules: the Electricity Capacity Planning (ECP) Submodule, the Electricity Fuel Dispatch (EFD) Submodule, the Electricity Finance and Pricing (EFP) Submodule, and the Load and Demand-Side Management (LDSM) Submodule. For the Annual Energy Outlook 1998 (AEO98), the EMM has been modified to represent Renewable Portfolio Standards (RPS), which are included in many of the Federal and state proposals for deregulating the electric power industry. A RPS specifies that electricity suppliers must produce a minimum level of generation using renewable technologies. Producers with insufficient renewable generating capacity can either build new plants or purchase {open_quotes}credits{close_quotes} from other suppliers with excess renewable generation. The representation of a RPS involves revisions to the ECP, EFD, and the EFP. The ECP projects capacity additions required to meet the minimum renewable generation levels in future years. The EFD determines the sales and purchases of renewable credits for the current year. The EFP incorporates the cost of building capacity and trading credits into the price of electricity.

1998-02-01T23:59:59.000Z

109

The European Electricity Market: the Dual Challenge of ... - Springer  

Science Conference Proceedings (OSTI)

Challenge of Liberalisation and Climate Protection. Opportunities for the German energy industry. The European electricity market is currently facing two.

110

Space weather and the electricity market: An initial assessment  

E-Print Network (OSTI)

that the electricity market places on the transmission of power, it would be surprising if these events did not haveSpace weather and the electricity market: An initial assessment Kevin F. Forbes Department electricity in ``real time'' and a day ahead market that allows participants to enter into transactions one

Schrijver, Karel

111

Diagnosing Unilateral Market Power in Electricity Reserves Market  

E-Print Network (OSTI)

Cal- ifornia Power Exchange Energy Markets: Prepared for theCalifornia’s Wholesale Energy Market,” 2001, Department ofpower in the state’s energy markets (Hildebrandt [2001];

Knittel, Christopher R; Metaxoglou, Konstantinos

2008-01-01T23:59:59.000Z

112

Market power in the England and Wales wholesale electricity [market, 1995-2000  

E-Print Network (OSTI)

This paper shows that generators exercised increasing market power in the England and Wales wholesale electricity market in the second half of the 1990s despite declining market concentration. It examines whether this was ...

Sweeting, Andrew

2004-01-01T23:59:59.000Z

113

Electronic OTC Trading in the German Wholesale Electricity Market  

E-Print Network (OSTI)

Abstract. Recent changes in the German energy policy initiated a deregulation process from a monopolistic to a competitive market, fundamentally changing the market structure, transaction relationships and trading processes. While the mutual exchange of electric energy has been a business activity between vertically integrated utilities for a long time, wholesale electricity trading in an open market only recently started to gain momentum. Electricity becomes a commodity traded at power exchanges and off-exchange on over the counter (OTC) markets. In Germany, the wholesale electricity market is dominated by OTC trading. Trading in OTC markets is usually performed via telephone and facsimile which leads to a limited price transparency, a limited liquidity, an ex ante restricted number of potential market partners and, last but not least, substantial transaction costs. Market participants are therefore searching for new trading mechanisms to circumvent the problems of the current trading processes. The electronization of trading activities promises to reduce the disadvantages of current OTC trading processes through the automation of tasks within the transaction chain. In this context, electronic markets for electricity trading are coordination mechanisms for the market exchange of electricity and electricity derivatives, i. e., a virtual market place where supply and demand meet and trade. An important feature of electronic markets is an automated dynamic pricing which is currently not supported by electronic markets available for electricity trading in the German wholesale market. A concept for an Electronic Electricity Trading System is therefore proposed with a main focus on automated price discovery.

Stefan Strecker; Christof Weinhardt

2000-01-01T23:59:59.000Z

114

National Energy Modeling System (NEMS) | Open Energy Information  

Open Energy Info (EERE)

National Energy Modeling System (NEMS) National Energy Modeling System (NEMS) Jump to: navigation, search Tool Summary LAUNCH TOOL Name: National Energy Modeling System (NEMS) Agency/Company /Organization: Energy Information Administration Sector: Energy Focus Area: Economic Development Phase: Develop Goals Topics: Policies/deployment programs Resource Type: Software/modeling tools User Interface: Desktop Application Website: www.eia.gov/oiaf/aeo/overview/index.html OpenEI Keyword(s): EERE tool, National Energy Modeling System, NEMS Language: English References: The National Energy Modeling System: An Overview[1] Project the production, imports, conversion, consumption, and prices of energy, subject to assumptions on macroeconomic and financial factors, world energy markets, resource availability and costs, behavioral and

115

Market Design and Price Behavior in Restructured Electricity Markets: An International Comparison  

E-Print Network (OSTI)

This paper argues that the market rules governing the operation of a re-structured electricity market in combination with its market structure can have a substantial impact on behavior of marketclearing prices. Using evidence on the design of electricity markets in England and Wales, Norway, the state of Victoria in Australia and New Zealand, this paper illustrates that market structure and market rules are important drivers of the behavior of prices in a competitive electricity market. The paper first summarizes the important features of the market structure and market rules in each country. One conclusion to emerge from this comparison is that there are many differences in how these markets in each country are organized. I then provide an assessment of the relationship between market rules and market structure and the behavior of prices in each market. The paper closes with a discussion of the available evidence that the behavior of prices in each country is the result of the exercis...

Frank A. Wolak

1997-01-01T23:59:59.000Z

116

Inefficiencies and Market Power in Financial Arbitrage: A Study of California's Electricity Markets  

E-Print Network (OSTI)

Inefficiencies and Market Power in Financial Arbitrage: A Study of California's Electricity Markets Abstract As with other commodities, electricity is often traded on both forward and spot markets traded in the forward and spot markets was for delivery at the same times and locations, prices often

Kammen, Daniel M.

117

ANL Wind Power Forecasting and Electricity Markets | Open Energy  

Open Energy Info (EERE)

ANL Wind Power Forecasting and Electricity Markets ANL Wind Power Forecasting and Electricity Markets Jump to: navigation, search Logo: Wind Power Forecasting and Electricity Markets Name Wind Power Forecasting and Electricity Markets Agency/Company /Organization Argonne National Laboratory Partner Institute for Systems and Computer Engineering of Porto (INESC Porto) in Portugal, Midwest Independent System Operator and Horizon Wind Energy LLC, funded by U.S. Department of Energy Sector Energy Focus Area Wind Topics Pathways analysis, Technology characterizations Resource Type Software/modeling tools Website http://www.dis.anl.gov/project References Argonne National Laboratory: Wind Power Forecasting and Electricity Markets[1] Abstract To improve wind power forecasting and its use in power system and electricity market operations Argonne National Laboratory has assembled a team of experts in wind power forecasting, electricity market modeling, wind farm development, and power system operations.

118

Data driven medium term electricity price forecasting in ontario electricity market and Nord Pool.  

E-Print Network (OSTI)

??Having accurate predictions on market price variations in the future is of great importance to participants in today’s electricity market. Many studies have been done… (more)

Torbaghan, Shahab Shariat

2010-01-01T23:59:59.000Z

119

Transmission rights and market power on electric power networks  

E-Print Network (OSTI)

We analyze whether and how the allocation of transmission rights associated with the use of electric power networks affects the behavior of electricity generators and electricity consumers with market power. We consider ...

Joskow, Paul L.

2000-01-01T23:59:59.000Z

120

Turkey opens electricity markets as demand grows  

Science Conference Proceedings (OSTI)

Turkey's growing power market has attracted investors and project developers for over a decade, yet their plans have been dashed by unexpected political or financial crises or, worse, obstructed by a lengthy bureaucratic approval process. Now, with a more transparent retail electricity market, government regulators and investors are bullish on Turkey. Is Turkey ready to turn the power on? This report closely examine Turkey's plans to create a power infrastructure capable of providing the reliable electricity supplies necessary for sustained economic growth. It was compiled with on-the-ground research and extensive interview with key industrial and political figures. Today, hard coal and lignite account for 21% of Turkey's electricity generation and gas-fired plants account for 50%. The Alfin Elbistan-B lignite-fired plant has attracted criticism for its lack of desulfurization units and ash dam facilities that have tarnished the industry's image. A 1,100 MW hard-coal fired plant using supercritical technology is under construction. 9 figs., 1 tab.

McKeigue, J.; Da Cunha, A.; Severino, D. [Global Business Reports (United States)

2009-06-15T23:59:59.000Z

Note: This page contains sample records for the topic "nems electricity market" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


121

Diagnosing Unilateral Market Power in Electricity Reserves Market  

E-Print Network (OSTI)

Sep Figure 6: Energy market clearing prices CALPX $/MW $/MWbelow or above the price of the energy market that they mayreal-time energy) markets were subject to a price cap of $

Knittel, Christopher R; Metaxoglou, Konstantinos

2008-01-01T23:59:59.000Z

122

Developing a New Primer on the Nation's Electricity Markets | Department  

Energy.gov (U.S. Department of Energy (DOE)) Indexed Site

Developing a New Primer on the Nation's Electricity Markets Developing a New Primer on the Nation's Electricity Markets Developing a New Primer on the Nation's Electricity Markets June 25, 2013 - 4:13pm Addthis Developing a New Primer on the Nation’s Electricity Markets How does it work? An electricity market operates very differently from other economic markets. Unlike durable goods, electrical energy cannot be stored in large quantities. It must be produced in real time to meet a constantly changing demand. Second, electric energy cannot be labeled with a UPC symbol-the electrons produced cannot be traced to their sources or tracked to their destination. Third, contracts cannot control power flows because power flows follow the laws of physics. You flip a switch and your light comes on. Sounds simple, right?

123

Developing a New Primer on the Nation's Electricity Markets | Department  

Energy.gov (U.S. Department of Energy (DOE)) Indexed Site

Developing a New Primer on the Nation's Electricity Markets Developing a New Primer on the Nation's Electricity Markets Developing a New Primer on the Nation's Electricity Markets June 25, 2013 - 4:13pm Addthis Developing a New Primer on the Nation’s Electricity Markets How does it work? An electricity market operates very differently from other economic markets. Unlike durable goods, electrical energy cannot be stored in large quantities. It must be produced in real time to meet a constantly changing demand. Second, electric energy cannot be labeled with a UPC symbol-the electrons produced cannot be traced to their sources or tracked to their destination. Third, contracts cannot control power flows because power flows follow the laws of physics. You flip a switch and your light comes on. Sounds simple, right?

124

Renewable Energy for Electricity Generation in Latin America: Market,  

Open Energy Info (EERE)

for Electricity Generation in Latin America: Market, for Electricity Generation in Latin America: Market, Technologies, and Outlook (Webinar) Jump to: navigation, search Tool Summary LAUNCH TOOL Name: Renewable Energy for Electricity Generation in Latin America: Market, Technologies, and Outlook (Webinar) Focus Area: Water power Topics: Market Analysis Website: www.leonardo-energy.org/webinar-renewable-energy-electricity-generatio Equivalent URI: cleanenergysolutions.org/content/renewable-energy-electricity-generati Language: English Policies: "Deployment Programs,Financial Incentives" is not in the list of possible values (Deployment Programs, Financial Incentives, Regulations) for this property. DeploymentPrograms: Demonstration & Implementation This video teaches the viewer about the current status and future

125

The Distributional and Environmental Effects of Time-Varying Prices in Competitive Electricity Markets  

E-Print Network (OSTI)

New Jersey and Maryland (PJM) electricity market. Consistentelectricity market known as PJM by constructing a simulationWe apply the model to the PJM electricity market, which

Holland, Stephen P.; MANSUR, ERIN T

2005-01-01T23:59:59.000Z

126

Electricity Market Design: The Good, the Bad, and the Ugly  

Science Conference Proceedings (OSTI)

This paper examines principles of market design asapplied to electricity markets. I illustrate the principleswith examples of both good and bad designs. I discuss oneof the main design challenges-dealing with marketpower. I then discuss FERC's choice ...

Peter Cramton

2003-01-01T23:59:59.000Z

127

Electronic OTC Trading in the German Wholesale Electricity Market  

Science Conference Proceedings (OSTI)

Recent changes in the German energy policy initiated a deregulation process from a monopolistic to a competitive market, fundamentally changing the market structure, transaction relationships and trading processes. While the mutual exchange of electric ...

Stefan Strecker; Christof Weinhardt

2000-09-01T23:59:59.000Z

128

Micro-economic Analysis of the Physical Constrained Markets: Game Theory Application to Competitive Electricity Markets  

E-Print Network (OSTI)

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 and 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 a...

Bompard, E; Ragazzi, E; Bompard, Ettore; Ma, Yuchao; Ragazzi, Elena

2006-01-01T23:59:59.000Z

129

Allocating Transmission to Mitigate Market Power in Electricity Markets  

E-Print Network (OSTI)

energy spot market equilibrium price is predictable, as it is with Cournot competition and information

Gilbert, Richard; Neuhoff, Karsten; Newberry, David

2002-01-01T23:59:59.000Z

130

Managing electricity reliability risk through the futures markets  

SciTech Connect

In competitive electricity markets, the vertically integrated utilities that were responsible for ensuring system reliability in their own service territories, or groups of territories, often cease to exist. Typically, the burden falls to an independent system operator (ISO) to insure that enough ancillary services (AS) are available for safe, stable, and reliable operation of the grid, typically defined, in part, as compliance with officially approved engineering specifications for minimum levels of AS. In order to characterize the behavior of market participants (generators, retailers, and an ISO) in a competitive electricity market with reliability requirements, we model a spot market for electricity and futures markets for both electricity and AS. By assuming that each participant seeks to maximize its expected utility of wealth and that all markets clear, we solve for the optional quantities of electricity and AS traded in each market by all participants, as well as the corresponding market-clearing prices. We show that future prices for both electricity and AS depend on expectations of the spot price, statistical aspects of system demand, and production cost parameters. More important, our model captures the fact that electricity and AS are substitute products for the generators, implying that anticipated changes in the spot market will affect the equilibrium futures positions of both electricity and AS. We apply our model to the California electricity and AS markets to test its viability.

Siddiqui, Afzal S.

2000-10-01T23:59:59.000Z

131

Multi-objective reactive power market clearing in competitive electricity market using HFMOEA  

Science Conference Proceedings (OSTI)

This paper presents an application of a hybrid fuzzy multi-objective evolutionary algorithm (HFMOEA) for solving a highly constraint, mixed integer type, complex multi-objective reactive power market clearing (RPMC) problem for the competitive electricity ... Keywords: Competitive electricity market, Fuzzy logic controller, Hybrid evolutionary algorithm, Multi-objective optimization, Pareto-optimal front, Reactive power market clearing

Ashish Saini; Amit Saraswat

2013-04-01T23:59:59.000Z

132

Determining the effects on residential electricity prices and carbon emissions of electricity market restructuring in Alberta.  

E-Print Network (OSTI)

??When electricity restructuring initiatives were introduced in Alberta, and finalized with the institution of retail electricity market competition in 2001, it was argued that the… (more)

Jahangir, Junaid Bin

2011-01-01T23:59:59.000Z

133

Multi-agent electricity market modeling with EMCAS.  

Science Conference Proceedings (OSTI)

Electricity systems are a central component of modern economies. Many electricity markets are transitioning from centrally regulated systems to decentralized markets. Furthermore, several electricity markets that have recently undergone this transition have exhibited extremely unsatisfactory results, most notably in California. These high stakes transformations require the introduction of largely untested regulatory structures. Suitable tools that can be used to test these regulatory structures before they are applied to real systems are required. Multi-agent models can provide such tools. To better understand the requirements such as tool, a live electricity market simulation was created. This experience helped to shape the development of the multi-agent Electricity Market Complex Adaptive Systems (EMCAS) model. To explore EMCAS' potential, several variations of the live simulation were created. These variations probed the possible effects of changing power plant outages and price setting rules on electricity market prices.

North, M.; Macal, C.; Conzelmann, G.; Koritarov, V.; Thimmapuram, P.; Veselka, T.

2002-09-05T23:59:59.000Z

134

A Unifying Approach to Assessing Market Power in Deregulated Electricity Markets  

E-Print Network (OSTI)

, TCNF provides valuable information about market power not captured by prior indices. We derive its.g., the California energy crisis of 2000; monitoring market power will become even more important in the coming years fractured) literature seeking to improve market power analysis for electricity markets. In particular

Wierman, Adam

135

EXPERIMENTAL TESTS OF DEREGULATED MARKETS FOR ELECTRIC POWER: MARKET POWER AND SELF COMMITMENT  

E-Print Network (OSTI)

, there is no obligation in a competitive market to submit accurate information. An offer to sell real energy may competitive market would make it difficult to raise profits by submitting false information. AchievingEXPERIMENTAL TESTS OF DEREGULATED MARKETS FOR ELECTRIC POWER: MARKET POWER AND SELF COMMITMENT 1

136

Forthcoming, Utilities Policy, 2010. Using Forward Markets to Improve Electricity Market Design  

E-Print Network (OSTI)

Forward markets, both medium term and long term, complement the spot market for wholesale electricity. The forward markets reduce risk, mitigate market power, and coordinate new investment. In the medium term, a forward energy market lets suppliers and demanders lock in energy prices and quantities for one to three years. In the long term, a forward reliability market assures adequate resources are available when they are needed most. The forward markets reduce risk for both sides of the market, since they reduce the quantity of energy that trades at the more volatile spot price. Spot market power is mitigated by putting suppliers and demanders in a more balanced position at the time of the spot market. The markets also reduce transaction costs and improve liquidity and transparency. Recent innovations to the Colombia market illustrate the basic elements of the forward markets and their beneficial role. 1

Lawrence M. Ausubel; Peter Cramton

2010-01-01T23:59:59.000Z

137

Electric Markets Technical Assistance Program: FY1999 Grant Descriptions  

Energy.gov (U.S. Department of Energy (DOE)) Indexed Site

FY1999 Grant FY1999 Grant Descriptions and Contact Information Electric Markets Technical Assistance Program: FY1999 Grant Descriptions and Contact Information Public Benefits and Distributed Generation Outreach Project The National Association of Regulatory Utility Commissioners (NARUC) will hold collaborative workshops with key stakeholders to build consensus on effective policy options for emerging competitive distributed generation markets. FY1999 Grant Descriptions and Contact Information More Documents & Publications Electric Restructuring Outreach Activities and Information Dissemination to State Public Utility Regulators Electric Markets Technical Assistance Program: FY2001 Grant Descriptions and Contact Information Electric Markets Technical Assistance Program: FY2003 Grant Descriptions

138

Lessons from International Experience with Electricity Market Monitoring  

E-Print Network (OSTI)

Energy Regulatory Commission (FERC), the US wholesale marketmonitoring process at FERC. 2. Why Electricity Markets Arewas the unwillingness of FERC and the California Public

Wolak, Frank

2004-01-01T23:59:59.000Z

139

Electric Markets Technical Assistance Program: FY2002 Grant Descriptio...  

Energy.gov (U.S. Department of Energy (DOE)) Indexed Site

2 Grant Descriptions and Contact Information Electric Markets Technical Assistance Program: FY2002 Grant Descriptions and Contact Information Grant descriptions and contact...

140

Electric Markets Technical Assistance Program: FY1999 Grant Descriptio...  

Energy.gov (U.S. Department of Energy (DOE)) Indexed Site

FY1999 Grant Descriptions and Contact Information Electric Markets Technical Assistance Program: FY1999 Grant Descriptions and Contact Information Public Benefits and Distributed...

Note: This page contains sample records for the topic "nems electricity market" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


141

Electric Markets Technical Assistance Program: FY2001 Grant Descriptio...  

Energy.gov (U.S. Department of Energy (DOE)) Indexed Site

1 Grant Descriptions and Contact Information Electric Markets Technical Assistance Program: FY2001 Grant Descriptions and Contact Information Grant descriptions and contact...

142

Electric Markets Technical Assistance Program: FY2003 Grant Descriptio...  

Energy.gov (U.S. Department of Energy (DOE)) Indexed Site

3 Grant Descriptions and Contact Information Electric Markets Technical Assistance Program: FY2003 Grant Descriptions and Contact Information Grant descriptions and contact...

143

A Game-Theoretical Dynamic Model for Electricity Markets  

E-Print Network (OSTI)

Oct 6, 2010 ... A Game-Theoretical Dynamic Model for Electricity Markets ... forecast horizon, bidding frequency, and some other factors on the price signals.

144

Assumptions to the Annual Energy Outlook 1999 - Electricity Market...  

Gasoline and Diesel Fuel Update (EIA)

economical to continue running them. Each year, the model determines whether the market price of electricity is sufficient to support the continued operating of existing plants....

145

Open versus closed loop capacity equilibria in electricity markets ...  

E-Print Network (OSTI)

May 7, 2012 ... Open versus closed loop capacity equilibria in electricity markets under ... We also present and analyze alternative conjectured price response ...

146

Demand Response in U.S. Electricity Markets: Empirical Evidence  

E-Print Network (OSTI)

Reliability Corporation. Demand response data task force:Energy. Benefits of demand response in electricity marketsAssessment of demand response & advanced metering, staff

Cappers, Peter

2009-01-01T23:59:59.000Z

147

The electric power industry : deregulation and market structure  

E-Print Network (OSTI)

The US electricity industry currently consists of vertically integrated regional utilities welding monopolistic power over their own geographic markets under the supervision of state and federally appointed regulators. ...

Thomson, Robert George

1995-01-01T23:59:59.000Z

148

Northeast electricity markets react to hot weather in late May ...  

U.S. Energy Information Administration (EIA)

Tools; Glossary › All ... Northeast electricity markets react to hot weather in late May. Source: U.S. Energy Information Administration, based on New York ...

149

ESS 2012 Peer Review - Wholesale Electricity Market Design Project...  

Energy.gov (U.S. Department of Energy (DOE)) Indexed Site

horizontal position with even amount of white space between photos and header Wholesale Electricity Market Design Project September 28, 2012 Jim Ellison, Verne Loose, Ray Byrne,...

150

Electric Wholesale Market Regimes in the United States: Implications...  

Energy.gov (U.S. Department of Energy (DOE)) Indexed Site

Regimes in the United States: Implications for Investment PowerPoint presentation to the Electricity Advisory Committee by Charles Whitmore, Senior Market Advisor at the Federal...

151

Production cost models with regard to liberalised electricity markets.  

E-Print Network (OSTI)

??This book makes a contribution to the formulation and implementation of production cost models for the modelling of liberalized electricity markets by addressing issues associated… (more)

Martinez Diaz, David José

2008-01-01T23:59:59.000Z

152

Optimization Online - On the Dynamic Stability of Electricity Markets  

E-Print Network (OSTI)

Jan 31, 2011 ... On the Dynamic Stability of Electricity Markets. Victor M. Zavala (vzavala ***at*** mcs.anl.gov) Mihai Anitescu (anitescu ***at*** mcs.anl.gov).

153

Northeast electricity markets react to hot weather in late May ...  

U.S. Energy Information Administration (EIA)

Financial market analysis and financial ... Many system operators price ... (including Jersey City Power and Light and the Atlantic City Electric Company) ...

154

California electricity market reacted to the recent San Diego ...  

U.S. Energy Information Administration (EIA)

The California Independent System Operator ... Major shocks to an electric system usually cause price dislocation in the real-time market, while system operators took ...

155

The Implementation of California AB 32 and its Impact on Wholesale Electricity Markets  

E-Print Network (OSTI)

its Impact on Wholesale Electricity Markets James Bushnellits Impact on Wholesale Electricity Markets James Bushnell *gas emissions from electricity and perhaps other industries.

Bushnell, Jim B

2007-01-01T23:59:59.000Z

156

The Impact of Imperfect Permit Market on Congested Electricity Market Equilibrium  

E-Print Network (OSTI)

The Impact of Imperfect Permit Market on Congested Electricity Market Equilibrium Tanachai Limpaitoon, Yihsu Chen, Shmuel S. Oren The impact and efficacy of a cap-and-trade regulation on electric, and strategic behavior of generation firms. This paper develops an equilibrium model of an oligopoly electricity

Oren, Shmuel S.

157

Electricity Markets Analysis (EMA) Model | Open Energy Information  

Open Energy Info (EERE)

Electricity Markets Analysis (EMA) Model Electricity Markets Analysis (EMA) Model Jump to: navigation, search LEDSGP green logo.png FIND MORE DIA TOOLS This tool is part of the Development Impacts Assessment (DIA) Toolkit from the LEDS Global Partnership. Tool Summary LAUNCH TOOL Name: Electricity Markets Analysis (EMA) Model Agency/Company /Organization: Research Triangle Institute Sector: Energy Topics: Co-benefits assessment, - Energy Access, Market analysis Resource Type: Software/modeling tools User Interface: Desktop Application Complexity/Ease of Use: Advanced Website: www.rti.org/page.cfm?objectid=DDC06637-7973-4B0F-AC46B3C69E09ADA9 RelatedTo: Applied Dynamic Analysis of the Global Economy (ADAGE) Model Electricity Markets Analysis (EMA) Model Screenshot References: Electricity Markets Analysis (EMA) Model[1]

158

EA-357 Hunt Electric Power Marketing, L.L.C. | Department of...  

Energy.gov (U.S. Department of Energy (DOE)) Indexed Site

7 Hunt Electric Power Marketing, L.L.C. EA-357 Hunt Electric Power Marketing, L.L.C. Order authorizing Hunt Electric Power Marketing, L.L.C. to export electric energy to Mexico...

159

Demand Response in U.S. Electricity Markets: Empirical Evidence |  

Energy.gov (U.S. Department of Energy (DOE)) Indexed Site

in U.S. Electricity Markets: Empirical Evidence in U.S. Electricity Markets: Empirical Evidence Demand Response in U.S. Electricity Markets: Empirical Evidence The work described in this paper was funded by the Office of Electricity Delivery and Energy Reliability, Permitting, Siting and Analysis of the U.S. Department of Energy under contract No. DE-AC02-05CH11231. The authors are solely responsible for any omissions or errors contained herein. Demand Response in U.S. Electricity Markets: Empirical Evidence More Documents & Publications Demand Response National Trends: Implications for the West? Benefits of Demand Response in Electricity Markets and Recommendations for Achieving Them. A report to the United States Congress Pursuant to Section 1252 of the Energy Policy Act of 2005 (February 2006)

160

Method to Detect and Measure Potential Market Power Caused by Transmission Network Congestions on Electricity Markets.  

E-Print Network (OSTI)

?? This thesis is based on studies of the deregulated electricity markets located in the United States of America. The problem statement of the thesis… (more)

Elfstadius, Martin

2008-01-01T23:59:59.000Z

Note: This page contains sample records for the topic "nems electricity market" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


161

Market Structure and Competition: A Cross-Market Analysis of U.S. Electricity Deregulation  

E-Print Network (OSTI)

which ?rms can trade electricity. The rules governing theseelectricity markets to adopt. The FERC has stated that it is willing to trade

Bushnell, James; Mansur, Erin T.; Saravia, Celeste

2004-01-01T23:59:59.000Z

162

Market structure and the price of electricity: An ex ante analysis of the deregulated Swedish electricity market  

Science Conference Proceedings (OSTI)

Following new legislation the Swedish electricity market is about to be deregulated. The new system is designed to ensure competition in production and supply. The main motive for deregulation is to increase competition and thus achieve lower market prices. A possible threat to this outcome is the high degree of concentration on the seller side that characterizes the Swedish electricity market. In this paper we show that given the current structure of firms on the supply side, deregulation is not a sufficient condition for lower equilibrium prices in the electricity market. We use a numerical model to explore the quantitative relation between the Cournot-equilibrium price, the number of firms, and the size distribution of firms in the Swedish electricity market. We compute equilibrium electricity prices and a welfare measure in order to quantify the effect of asymmetric market concentration on competition. 3 refs., 1 fig., 6 tabs.

Andersson, B.; Bergman, L. [Stockholm School of Economics (Sweden)

1995-12-31T23:59:59.000Z

163

Mediating Market Power in Electricity Networks  

E-Print Network (OSTI)

energy spot market equilibrium price is predictable, as it is with Cournot competition and information

Gilbert, Richard; Neuhoff, Karsten; Newbery, David

2002-01-01T23:59:59.000Z

164

Necessary and Sufficient Conditions for Optimal Offers in Electricity Markets  

Science Conference Proceedings (OSTI)

In this paper, we consider the optimal policy for a generator offering power into a wholesale electricity market operating under a pool arrangement. Anderson and Philpott [Math. Oper. Res., 27 (2002), pp. 82--100] recently discussed necessary ... Keywords: electricity markets, necessary conditions, optimal offer, sufficient conditions

Edward J. Anderson; Huifu Xu

2002-04-01T23:59:59.000Z

165

Composition of Electricity Generation Portfolios, Pivotal Dynamics, and Market Prices  

Science Conference Proceedings (OSTI)

We use simulations to study how the diversification of electricity generation portfolios influences wholesale prices. We find that the relationship between technological diversification and market prices is mediated by the supply-to-demand ratio. In ... Keywords: electricity, market power, simulations, technology diversification

Albert Banal-Estaòol; Augusto Rupérez Micola

2009-11-01T23:59:59.000Z

166

Benefits of Demand Response in Electricity Markets and Recommendations for  

Energy.gov (U.S. Department of Energy (DOE)) Indexed Site

Demand Response in Electricity Markets and Demand Response in Electricity Markets and Recommendations for Achieving Them. A report to the United States Congress Pursuant to Section 1252 of the Energy Policy Act of 2005 (February 2006) Benefits of Demand Response in Electricity Markets and Recommendations for Achieving Them. A report to the United States Congress Pursuant to Section 1252 of the Energy Policy Act of 2005 (February 2006) Most electricity customers see electricity rates that are based on average electricity costs and bear little relation to the true production costs of electricity as they vary over time. Demand response is a tariff or program established to motivate changes in electric use by end-use customers in response to changes in the price of electricity over time, or to give

167

Market Structure and Equilibrium in a Hydro Dominated Electricity Market.  

E-Print Network (OSTI)

??Hydro generation plays an important role in electricity generation, especially in countries like New Zealand where 60 to 65 percent of electricity is generated in… (more)

Lu, Andrea

2010-01-01T23:59:59.000Z

168

Wind power forecasting in U.S. electricity markets.  

Science Conference Proceedings (OSTI)

Wind power forecasting is becoming an important tool in electricity markets, but the use of these forecasts in market operations and among market participants is still at an early stage. The authors discuss the current use of wind power forecasting in U.S. ISO/RTO markets, and offer recommendations for how to make efficient use of the information in state-of-the-art forecasts.

Botterud, A.; Wang, J.; Miranda, V.; Bessa, R. J.; Decision and Information Sciences; INESC Porto

2010-04-01T23:59:59.000Z

169

Wind power forecasting in U.S. Electricity markets  

Science Conference Proceedings (OSTI)

Wind power forecasting is becoming an important tool in electricity markets, but the use of these forecasts in market operations and among market participants is still at an early stage. The authors discuss the current use of wind power forecasting in U.S. ISO/RTO markets, and offer recommendations for how to make efficient use of the information in state-of-the-art forecasts. (author)

Botterud, Audun; Wang, Jianhui; Miranda, Vladimiro; Bessa, Ricardo J.

2010-04-15T23:59:59.000Z

170

E-laboratories : agent-based modeling of electricity markets.  

SciTech Connect

Electricity markets are complex adaptive systems that operate under a wide range of rules that span a variety of time scales. These rules are imposed both from above by society and below by physics. Many electricity markets are undergoing or are about to undergo a transition from centrally regulated systems to decentralized markets. Furthermore, several electricity markets have recently undergone this transition with extremely unsatisfactory results, most notably in California. These high stakes transitions require the introduction of largely untested regulatory structures. Suitable laboratories that can be used to test regulatory structures before they are applied to real systems are needed. Agent-based models can provide such electronic laboratories or ''e-laboratories.'' To better understand the requirements of an electricity market e-laboratory, a live electricity market simulation was created. This experience helped to shape the development of the Electricity Market Complex Adaptive Systems (EMCAS) model. To explore EMCAS' potential as an e-laboratory, several variations of the live simulation were created. These variations probed the possible effects of changing power plant outages and price setting rules on electricity market prices.

North, M.; Conzelmann, G.; Koritarov, V.; Macal, C.; Thimmapuram, P.; Veselka, T.

2002-05-03T23:59:59.000Z

171

E-laboratories : agent-based modeling of electricity markets.  

SciTech Connect

Electricity markets are complex adaptive systems that operate under a wide range of rules that span a variety of time scales. These rules are imposed both from above by society and below by physics. Many electricity markets are undergoing or are about to undergo a transition from centrally regulated systems to decentralized markets. Furthermore, several electricity markets have recently undergone this transition with extremely unsatisfactory results, most notably in California. These high stakes transitions require the introduction of largely untested regulatory structures. Suitable laboratories that can be used to test regulatory structures before they are applied to real systems are needed. Agent-based models can provide such electronic laboratories or ''e-laboratories.'' To better understand the requirements of an electricity market e-laboratory, a live electricity market simulation was created. This experience helped to shape the development of the Electricity Market Complex Adaptive Systems (EMCAS) model. To explore EMCAS' potential as an e-laboratory, several variations of the live simulation were created. These variations probed the possible effects of changing power plant outages and price setting rules on electricity market prices.

North, M.; Conzelmann, G.; Koritarov, V.; Macal, C.; Thimmapuram, P.; Veselka, T.

2002-05-03T23:59:59.000Z

172

Oligopoly Equilibria in Electricity Contract Markets  

E-Print Network (OSTI)

has focused on the electricity industry, in part because itresearch on the electricity industry also indicates theApplication to The Electricity Industry Experiences with

Bushnell, James

2005-01-01T23:59:59.000Z

173

The National Energy Modeling System: An Overview 1998 - Electricity Market  

Gasoline and Diesel Fuel Update (EIA)

ELECTRICITY MARKET MODULE ELECTRICITY MARKET MODULE blueball.gif (205 bytes) Electricity Capacity Planning Submodule blueball.gif (205 bytes) Electricity Fuel Dispatch Submodule blueball.gif (205 bytes) Electricity Finance and Pricing Submodule blueball.gif (205 bytes) Load and Demand-Side Management Submodule blueball.gif (205 bytes) Emissions The electricity market module (EMM) represents the generation, transmission, and pricing of electricity, subject to: delivered prices for coal, petroleum products, and natural gas; the cost of centralized generation from renewable fuels; macroeconomic variables for costs of capital and domestic investment; and electricity load shapes and demand. The submodules consist of capacity planning, fuel dispatching, finance and pricing, and load and demand-side management (Figure 9). In addition,

174

EIA model documentation: Electricity market module - electricity fuel dispatch  

Science Conference Proceedings (OSTI)

This report documents the National Energy Modeling System Electricity Fuel Dispatch Submodule (EFD), a submodule of the Electricity Market Module (EMM) as it was used for EIA`s Annual Energy Outlook 1997. It replaces previous documentation dated March 1994 and subsequent yearly update revisions. The report catalogues and describes the model assumptions, computational methodology, parameter estimation techniques, model source code, and forecast results generated through the synthesis and scenario development based on these components. This document serves four purposes. First, it is a reference document providing a detailed description of the model for reviewers and potential users of the EFD including energy experts at the Energy Information Administration (EIA), other Federal agencies, state energy agencies, private firms such as utilities and consulting firms, and non-profit groups such as consumer and environmental groups. Second, this report meets the legal requirement of the Energy Information Administration (EIA) to provide adequate documentation in support of its statistical and forecast reports. Third, it facilitates continuity in model development by providing documentation which details model enhancements that were undertaken for AE097 and since the previous documentation. Last, because the major use of the EFD is to develop forecasts, this documentation explains the calculations, major inputs and assumptions which were used to generate the AE097.

NONE

1997-01-01T23:59:59.000Z

175

Market power analysis in the EEX electricity market : an agent-based simulation approach.  

Science Conference Proceedings (OSTI)

In this paper, an agent-based modeling and simulation (ABMS) approach is used to model the German wholesale electricity market. The spot market prices in the European Energy Exchange (EEX) are studied as the wholesale market prices. Each participant in the market is modeled as an individual rationality-bounded agent whose objective is to maximize its own profit. By simulating the market clearing process, the interaction among agents is captured. The market clearing price formed by agentspsila production cost bidding is regarded as the reference marginal cost. The gap between the marginal cost and the real market price is measured as an indicator of possible market power exertion. Various bidding strategies such as physical withholding and economic withholding can be simulated to represent strategic bidding behaviors of the market participants. The preliminary simulation results show that some generation companies (GenCos) are in the position of exerting market power by strategic bidding.

Wang, J.; Botterud, A.; Conzelmann, G.; Koritarov, V.; Decision and Information Sciences

2008-01-01T23:59:59.000Z

176

Mediating Market Power in Electricity Networks  

E-Print Network (OSTI)

a l volume of energy he sells at the spot market price a n dq u i l i b r i u m prices i n the energy market, a n d thenof the prices i n the spot energy market a n d thereby

Gilbert, Richard; Neuhoff, Karsten; Newbery, David

2002-01-01T23:59:59.000Z

177

Diagnosing Unilateral Market Power in Electricity Reserves Market  

E-Print Network (OSTI)

respectively. CALPX DA and the CAISO real-time prices.archive. The CAISO real-time energy prices are also from thereserve (real-time energy) markets were subject to a price

Knittel, Christopher R; Metaxoglou, Konstantinos

2008-01-01T23:59:59.000Z

178

Developing electricity forecast web tool for Kosovo market  

Science Conference Proceedings (OSTI)

In this paper is presented a web tool for electricity forecast for Kosovo market for the upcoming ten years. The input data i.e. electricity generation capacities, demand and consume are taken from the document "Kosovo Energy Strategy 2009-2018" compiled ... Keywords: .NET, database, electricity forecast, internet, simulation, web

Blerim Rexha; Arben Ahmeti; Lule Ahmedi; Vjollca Komoni

2011-02-01T23:59:59.000Z

179

Role of Electricity Markets and Market Design in Integrating Solar Generation: Solar Integration Series. 2 of 3 (Brochure)  

DOE Green Energy (OSTI)

The second out of a series of three fact sheets describing the role of electricity markets and market design in integrating solar generation.

Not Available

2001-05-01T23:59:59.000Z

180

Entry into the Swedish Wholesale Electricity Market and the Electricity Price.  

E-Print Network (OSTI)

?? The aim of this paper is to analyze the strategic behavior of the leading firms on the Swedish wholesale electricity market. This thesis wishes… (more)

Bhatia, Martina

2010-01-01T23:59:59.000Z

Note: This page contains sample records for the topic "nems electricity market" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


181

MODELING OF FORWARD CONTRACTS IN ELECTRICITY MARKETS.  

E-Print Network (OSTI)

??Since the deregulation of electricity, new models were needed to quantify the price of contracts with speci ed delivery period of electricity. In this thesis… (more)

Fjeldskår, Hanne

2009-01-01T23:59:59.000Z

182

Model documentation: electricity market module. [15 year forecasts  

SciTech Connect

This report documents the electricity market model. This model is a component of the Intermediate Future Forecasting System (IFFS), the energy market model used to provide projections of energy markets up to 15 years into the future. The electricity market model was developed by the Supply Analysis and Integration Branch as part of building the larger system. This report is written for an audience consisting of mathematical economists, statisticians, operations research analysts, and utility planners. This report contains an overview and a mathematical specification of the electricity market module. It includes a description of the model logic and the individual subroutines in the computer code. A companion document Intermediate Future Forecasting System: Executive Summary (DOE/EIA-430) provides an overview of the components in IFFS and their linkages. 22 figures, 2 tables.

Sanders, R.C.; Murphy, F.H.

1984-12-01T23:59:59.000Z

183

Annual Energy Outlook with Projections to 2025-Market Trends - Electricity  

Gasoline and Diesel Fuel Update (EIA)

Electricity Electricity Index (click to jump links) Electricity Sales Electricity Generating Capacity Electricity Fuel Costs and Prices Nuclear Power Electricity from Renewable Sources Electricity Alternative Cases Electricity Sales Electricity Use Is Expected To Grow More Slowly Than GDP As generators and combined heat and power plants adjust to the evolving structure of the electricity market, they face slower growth in demand than in the past. Historically, demand for electricity has been related to economic growth; that positive relationship is expected to continue, but the ratio is uncertain. Figure 67. Population gross domestic product, and electricity sales, 1965-2025 (5-year moving average annual percent growth). Having problems, call our National Energy Information Center at 202-586-8800 for help.

184

Measuring efficiency in wholesale electricity markets  

SciTech Connect

The mechanisms of the bid-based economic dispatch and market power mitigation algorithms which result in the market clearing price epitomize the complexity of the new regulatory regime. The augmented Lerner Index presented here offers a method to objectively assess the efficiency of the new structure. (author)

Bowden, Nicholas S.

2009-06-15T23:59:59.000Z

185

Office Buildings: Market Analysis for Electricity Service Providers  

Science Conference Proceedings (OSTI)

Office buildings nationwide account for the greatest floor space and energy use of all commercial building types. To best serve and retain the loyalty of this important market, electric utilities need to understand the energy uses, priorities, and decision-making approaches of commercial building managers. This report assesses the office building energy market to provide a basic reference for utility program planners, marketing managers, and field representatives.

1997-04-16T23:59:59.000Z

186

Managing Electricity Reliability Risk Through the Futures Markets  

E-Print Network (OSTI)

LBNL-47645 Managing Electricity Reliability Risk Through the Futures Markets Afzal S. Siddiqui Environmental Energy Technologies Division Ernest Orlando Lawrence Berkeley National Laboratory Berkeley for Operations Research and the Management Sciences INFORMS Annual Meeting in San Antonio, TX, November 2000

187

Electricity market equilibrium models: The effect of parametrization  

E-Print Network (OSTI)

of Electrical and Computer Engineering The University of Texas at Austin Abstract-- In this paper, I use] and applies it to a bid-based pool (BBP) model. The BBP model is representative of energy market struc- ture

Baldick, Ross

188

Diagnosing and mitigating market power in Chile's electricity industry  

E-Print Network (OSTI)

This paper examines the incentives to exercise market power that generators would face and the different strategies that they would follow if all electricity supplies in Chile were traded in an hourly-unregulated spot ...

Arellano, María Soledad

2003-01-01T23:59:59.000Z

189

Three essays on market power in Chile's electricity industry  

E-Print Network (OSTI)

This thesis examines the incentives to exercise market power that generators would face and the different strategies that they would follow if all electricity supplies in Chile were traded in an hourly-unregulated spot ...

Arellano, María Soledad, 1971-

2003-01-01T23:59:59.000Z

190

Competitive electricity markets and investment in new generating capacity  

E-Print Network (OSTI)

Evidence from the U.S. and some other countries indicates that organized wholesale markets for electrical energy and operating reserves do not provide adequate incentives to stimulate the proper quantity or mix of generating ...

Joskow, Paul L.

2006-01-01T23:59:59.000Z

191

University of California Energy Institute The California Electricity Market  

E-Print Network (OSTI)

University of California Energy Institute The California Electricity Market: What a long strange trip it's been #12;University of California Energy Institute Market Organization in California · ISO of California Energy Institute Transmission Pricing Models · Fixed cost pricing models (cost recovery

California at Berkeley. University of

192

Modeling EU electricity market competition using the residual supply index  

Science Conference Proceedings (OSTI)

An econometric approach to related hourly Residual Supply Index to price-cost margins in the major EU electricity generation markets suggests that market structure, as measured by the RSI, is a significant explanatory factor for markups, even when scarcity and other explanatory variables are included. (author)

Swinand, Gregory; Scully, Derek; Ffoulkes, Stuart; Kessler, Brian

2010-11-15T23:59:59.000Z

193

Bilevel optimization applied to strategic pricing in competitive electricity markets  

Science Conference Proceedings (OSTI)

In this paper, we present a bilevel programming formulation for the problem of strategic bidding under uncertainty in a wholesale energy market (WEM), where the economic remuneration of each generator depends on the ability of its own management to ... Keywords: Bilevel programming, Electricity pool market, Mathematical program with equilibrium constraints, Strategic pricing

M. Fampa; L. A. Barroso; D. Candal; L. Simonetti

2008-03-01T23:59:59.000Z

194

The Smart Grid, Entry, and Imperfect Competition in Electricity Markets  

E-Print Network (OSTI)

Most US consumers are charged a near-constant retail price for electricity, despite substantial hourly variation in the wholesale market price. The Smart Grid is a set of emerging technologies that will facilitate "real-time pricing " for electricity and increase price elasticity of demand. This paper simulates the e¤ects of this increased demand elasticity using counterfactual simulations in a structural model of the Pennsylvania-Jersey-Maryland electricity market. The model includes a di¤erent approach to the problem of multiple equilibria in multi-unit auctions: I nonparametrically estimate unobservables that rationalize past bidding behavior and use learning algorithms to move from the observed equilibrium counterfactual bid functions. This routine is nested as the second stage of a static entry game that models the Capacity Market, an important element of market design in some restructured electricity markets. There are three central results. First, I …nd that an increase in demand elasticity could actually increase wholesale electricity prices in peak hours, contrary to predictions from short run models, while decreasing Capacity Market prices and total entry. Second, although the increased demand elasticity from the Smart Grid reduces producers’market power, in practice

Hunt Allcott

2010-01-01T23:59:59.000Z

195

Market Design and Motivated Human Trading Behavior in Electricity Markets  

Science Conference Proceedings (OSTI)

This paper is based on a series of controlled experiments in the trading of wholesale electricity that expands substantially the scope of the research program reported previously. (Backerman, Rassenti and Smith, 1998; Backerman, Denton, Rassenti and ...

Mark A. Olson; Mary L. Rigdon; Michael J. Ziegler

1999-01-01T23:59:59.000Z

196

Diagnosing Unilateral Market Power in Electricity Reserves Market  

E-Print Network (OSTI)

San Diego Gas and Electric), as well as imports ? (158.4 ?natural gas turbines, as well as imports and interruptiblehydro, natural gas etc. ) for imports due to information

Knittel, Christopher R; Metaxoglou, Konstantinos

2008-01-01T23:59:59.000Z

197

Customer reponse to day-ahead wholesale market electricity prices: Case study of RTP program experience in New York  

E-Print Network (OSTI)

ahead Wholesale Market Electricity Prices: Case Study of RTPahead Wholesale Market Electricity Prices: Case Study of RTPElectricity Prices

2004-01-01T23:59:59.000Z

198

The Impact of Market Rules and Market Structure on the Price Determination Process in the England and Wales Electricity Market  

E-Print Network (OSTI)

This paper argues that the market rules governing the operation of the England and Wales electricity market in combination with the structure of this market presents the two major generators---National Power and PowerGen---with opportunities to earn revenues substantially in excess of their costs of production for short periods of time. Generators competing to serve this market have two strategic weapons at their disposal: (1) the price bid for each generation set and (2) the capacity of each generation set made available to supply the market each half-hour period during the day. We argue that because of the rules governing the price determination process in this market, by the strategic use of capacity availability declarations, when conditions exogenous to the behavior of the two major generators favor it, these two generators are able to obtain prices for their output substantially in excess of their marginal costs of generation. The paper establishes these points in the following manner. First, we provide a description of the market structure and rules governing the operation of the England and Wales electricity market, emphasizing those aspects that are important to the success of the strategy we believe the two generators use to exercise market power. We then summarize the time series properties of the price of electricity emerging from this market structure and price-setting process. By analyzing four fiscal years of actual market prices, quantities and generator bids into the market, we provide various pieces of evidence in favor of the strategic use of the market rules by the two major participants. The paper closes with a discussion of the lessons that the England and Wales experience can provide for the design of competitive power markets in the US, particula...

Frank A. Wolak; Robert H. Patrick

1997-01-01T23:59:59.000Z

199

Oligopoly Equilibria in Electricity Contract Markets  

E-Print Network (OSTI)

Market California New England PJM n b k c Table 2: Two Stagemarket. Cal. 99 New Eng. 99 PJM 99 Cal. 00 New Eng. 99 Price2004) covers only 1999 in PJM. For each hour t, I represent

Bushnell, James

2005-01-01T23:59:59.000Z

200

Firm-based Measurements of Market Power in Transmission-Constrained Electricity  

E-Print Network (OSTI)

Firm-based Measurements of Market Power in Transmission-Constrained Electricity Markets: Technical: Transmission constraints, electricity markets, market power, market power index, residual supply index. 1 approaches to analyzing firm-based market power con- sidering transmission constraints are proposed. One

Baldick, Ross

Note: This page contains sample records for the topic "nems electricity market" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


201

Southeast European Regional Electricity Market Analysis | Open Energy  

Open Energy Info (EERE)

Electricity Market Analysis Electricity Market Analysis Jump to: navigation, search Name Southeast European Regional Electricity Market analysis Agency/Company /Organization Argonne National Laboratory Partner United States Agency for International Development, Montgomery Watson Harza Sector Energy Topics Market analysis, Background analysis Website http://www.dis.anl.gov/news/Ba UN Region "Western & Eastern Europe" is not in the list of possible values (Eastern Africa, Middle Africa, Northern Africa, Southern Africa, Western Africa, Caribbean, Central America, South America, Northern America, Central Asia, Eastern Asia, Southern Asia, South-Eastern Asia, Western Asia, Eastern Europe, Northern Europe, Southern Europe, Western Europe, Australia and New Zealand, Melanesia, Micronesia, Polynesia, Latin America and the Caribbean) for this property.

202

On the Complexity of Market Power Assessment in the Electricity Spot Markets  

E-Print Network (OSTI)

On the Complexity of Market Power Assessment in the Electricity Spot Markets Poonsaeng Visudhiphan David Bertagnoli of the New England ISO for the informative discussion and insights. This work was supported in part by the members of the Massachusetts Institute of Technology Energy Laboratory's Consortium

Ilic, Marija D.

203

On the leverage effect in the Spanish electricity spot market  

Science Conference Proceedings (OSTI)

This article focuses on the study of the leverage effect in the deregulated Spanish wholesale electricity market. For this purpose, we propose a stochastic volatility alternative, a threshold asymmetric autoregressive stochastic volatility (TA-ARSV) ... Keywords: GARCH, TA-ARSV model, asymmetric response of volatility, electricity prices, leverage effect, stochastic volatility

J. M. Montero; M. C. García; G. Fernández-Avilés

2011-02-01T23:59:59.000Z

204

Electricity market reform in the European Union : review of progress towards liberalisation and integration  

E-Print Network (OSTI)

The energy market liberalisation process in Europe is increasingly focused on electricity market integration and related cross border issues. This signals that the liberalisation of national electricity markets is now ...

Jamasb, Tooraj

2005-01-01T23:59:59.000Z

205

Price-elastic demand in deregulated electricity markets  

SciTech Connect

The degree to which any deregulated market functions efficiently often depends on the ability of market agents to respond quickly to fluctuating conditions. Many restructured electricity markets, however, experience high prices caused by supply shortages and little demand-side response. We examine the implications for market operations when a risk-averse retailer's end-use consumers are allowed to perceive real-time variations in the electricity spot price. Using a market-equilibrium model, we find that price elasticity both increases the retailers revenue risk exposure and decreases the spot price. Since the latter induces the retailer to reduce forward electricity purchases, while the former has the opposite effect, the overall impact of price responsive demand on the relative magnitudes of its risk exposure and end-user price elasticity. Nevertheless, price elasticity decreases cumulative electricity consumption. By extending the analysis to allow for early settlement of demand, we find that forward stage end-user price responsiveness decreases the electricity forward price relative to the case with price-elastic demand only in real time. Moreover, we find that only if forward stage end-user demand is price elastic will the equilibrium electricity forward price be reduced.

Siddiqui, Afzal S.

2003-05-01T23:59:59.000Z

206

Price-elastic demand in deregulated electricity markets  

SciTech Connect

The degree to which any deregulated market functions efficiently often depends on the ability of market agents to respond quickly to fluctuating conditions. Many restructured electricity markets, however, experience high prices caused by supply shortages and little demand-side response. We examine the implications for market operations when a risk-averse retailer's end-use consumers are allowed to perceive real-time variations in the electricity spot price. Using a market-equilibrium model, we find that price elasticity both increases the retailers revenue risk exposure and decreases the spot price. Since the latter induces the retailer to reduce forward electricity purchases, while the former has the opposite effect, the overall impact of price responsive demand on the relative magnitudes of its risk exposure and end-user price elasticity. Nevertheless, price elasticity decreases cumulative electricity consumption. By extending the analysis to allow for early settlement of demand, we find that forward stage end-user price responsiveness decreases the electricity forward price relative to the case with price-elastic demand only in real time. Moreover, we find that only if forward stage end-user demand is price elastic will the equilibrium electricity forward price be reduced.

Siddiqui, Afzal S.

2003-05-01T23:59:59.000Z

207

U.S. Regional Demand Forecasts Using NEMS and GIS  

SciTech Connect

The National Energy Modeling System (NEMS) is a multi-sector, integrated model of the U.S. energy system put out by the Department of Energy's Energy Information Administration. NEMS is used to produce the annual 20-year forecast of U.S. energy use aggregated to the nine-region census division level. The research objective was to disaggregate this regional energy forecast to the county level for select forecast years, for use in a more detailed and accurate regional analysis of energy usage across the U.S. The process of disaggregation using a geographic information system (GIS) was researched and a model was created utilizing available population forecasts and climate zone data. The model's primary purpose was to generate an energy demand forecast with greater spatial resolution than what is currently produced by NEMS, and to produce a flexible model that can be used repeatedly as an add-on to NEMS in which detailed analysis can be executed exogenously with results fed back into the NEMS data flow. The methods developed were then applied to the study data to obtain residential and commercial electricity demand forecasts. The model was subjected to comparative and statistical testing to assess predictive accuracy. Forecasts using this model were robust and accurate in slow-growing, temperate regions such as the Midwest and Mountain regions. Interestingly, however, the model performed with less accuracy in the Pacific and Northwest regions of the country where population growth was more active. In the future more refined methods will be necessary to improve the accuracy of these forecasts. The disaggregation method was written into a flexible tool within the ArcGIS environment which enables the user to output the results in five year intervals over the period 2000-2025. In addition, the outputs of this tool were used to develop a time-series simulation showing the temporal changes in electricity forecasts in terms of absolute, per capita, and density of demand.

Cohen, Jesse A.; Edwards, Jennifer L.; Marnay, Chris

2005-07-01T23:59:59.000Z

208

Electric Power Generation Expansion in Deregulated Markets.  

E-Print Network (OSTI)

??The generation expansion problem involves increasing electric power generation capacity in an existing power network. In competitive environment, power producers, distributors, and consumers all make… (more)

KAYMAZ, PINAR

2007-01-01T23:59:59.000Z

209

Appendix E: Other NEMS-MP results for the base case and scenarios.  

DOE Green Energy (OSTI)

The NEMS-MP model generates numerous results for each run of a scenario. (This model is the integrated National Energy Modeling System [NEMS] version used for the Multi-Path Transportation Futures Study [MP].) This appendix examines additional findings beyond the primary results reported in the Multi-Path Transportation Futures Study: Vehicle Characterization and Scenario Analyses (Reference 1). These additional results are provided in order to help further illuminate some of the primary results. Specifically discussed in this appendix are: (1) Energy use results for light vehicles (LVs), including details about the underlying total vehicle miles traveled (VMT), the average vehicle fuel economy, and the volumes of the different fuels used; (2) Resource fuels and their use in the production of ethanol, hydrogen (H{sub 2}), and electricity; (3) Ethanol use in the scenarios (i.e., the ethanol consumption in E85 vs. other blends, the percent of travel by flex fuel vehicles on E85, etc.); (4) Relative availability of E85 and H2 stations; (5) Fuel prices; (6) Vehicle prices; and (7) Consumer savings. These results are discussed as follows: (1) The three scenarios (Mixed, (P)HEV & Ethanol, and H2 Success) when assuming vehicle prices developed through literature review; (2) The three scenarios with vehicle prices that incorporate the achievement of the U.S. Department of Energy (DOE) program vehicle cost goals; (3) The three scenarios with 'literature review' vehicle prices, plus vehicle subsidies; and (4) The three scenarios with 'program goals' vehicle prices, plus vehicle subsidies. The four versions or cases of each scenario are referred to as: Literature Review No Subsidies, Program Goals No Subsidies, Literature Review with Subsidies, and Program Goals with Subsidies. Two additional points must be made here. First, none of the results presented for LVs in this section include Class 2B trucks. Results for this class are included occasionally in Reference 1. They represent a small, though noticeable, segment of the 'LV plus 2B' market (e.g., a little more than 3% of today's energy use in that market). We generally do not include them in this discussion, simply because it requires additional effort to combine the NEMS-MP results for them with the results for the other LVs. (Where there is an exception, we will indicate so.) Second, where reference is made to E85, the ethanol content is actually 74%. The Energy Information Administration (EIA) assumes that, to address cold-starting issues, the percent of ethanol in E85 will vary seasonally. The EIA uses an annual average ethanol content of 74% in its forecasts. That assumption is maintained in the NEMS-MP scenario runs.

Plotkin, S. E.; Singh, M. K.; Energy Systems

2009-12-03T23:59:59.000Z

210

Power Delivery System and Electricity Markets for the Future  

Science Conference Proceedings (OSTI)

This report is in draft form pending approval by EPRI Power Delivery & Markets Group Council. Upon approval, the report will be reformatted and issued as a final report by October 31, 2003. The Electricity Roadmap Initiative is an ongoing collaborative exploration of the opportunities for electricity-based innovation over the next 20 years and beyond. Thus far, over 150 organizations have participated with EPRI and its members in shaping a comprehensive vision of how to further increase electricity's val...

2003-08-27T23:59:59.000Z

211

Price Responsive Demand in New York Wholesale Electricity Market using  

NLE Websites -- All DOE Office Websites (Extended Search)

Price Responsive Demand in New York Wholesale Electricity Market using Price Responsive Demand in New York Wholesale Electricity Market using OpenADR Title Price Responsive Demand in New York Wholesale Electricity Market using OpenADR Publication Type Report LBNL Report Number LBNL-5557E Year of Publication 2012 Authors Kim, Joyce Jihyun, and Sila Kiliccote Date Published 06/2012 Publisher LBNL/NYSERDA Keywords commercial, demand response, dynamic pricing, mandatory hourly pricing, open automated demand response, openadr, pilot studies & implementation, price responsive demand Abstract In New York State, the default electricity pricing for large customers is Mandatory Hourly Pricing (MHP), which is charged based on zonal day-ahead market price for energy. With MHP, retail customers can adjust their building load to an economically optimal level according to hourly electricity prices. Yet, many customers seek alternative pricing options such as fixed rates through retail access for their electricity supply. Open Automated Demand Response (OpenADR) is an XML (eXtensible Markup Language) based information exchange model that communicates price and reliability information. It allows customers to evaluate hourly prices and provide demand response in an automated fashion to minimize electricity costs. This document shows how OpenADR can support MHP and facilitate price responsive demand for large commercial customers in New York City.

212

Electric Utility Marketing Guide to Foodservice  

Science Conference Proceedings (OSTI)

Business groups apply rigorous evaluation standards to guide them toward increased efficiency. Utility foodservice programs are not immune to this same sort of scrutiny. Designed to address key issues facing utility foodservice programs, this marketing guide is essentially a set of crucial guidelines and advice. This information can assist utilities servicing the foodservice industry to become more profitable.

1998-11-09T23:59:59.000Z

213

Speculative Trading and Market Performance: The Effect of Arbitrageurs on Efficiency and Market Power in the New York Electricity Market  

E-Print Network (OSTI)

While the effect speculators have on forward premiums (the difference between forward and expected spot prices) has been widely studied, there has been very little focus on the effect speculators have on competition in the product market. I study the effect speculators have had on production decisions and price levels in New York’s deregulated electricity market. For the first two years of its operation, the market, which opened in November 1999, restricted trade to producers and retailers of electricity. During this period, the forward price of electricity in western New York was significantly higher than the expected spot price. I show that, after the market opened to purely speculative traders, the forward premium significantly decreased. In addition, the forward price of transmission (the price difference between two geographically distinct points) ceased to differ significantly from the expected spot price of transmission. I present a theoretical model to help understand these price relationships and other possible effects of speculators on market prices and firms’ production decisions. Absent speculators, the model predicts that firms with market power will price discriminate between the forward and spot markets for electricity, resulting

Celeste Saravia

2003-01-01T23:59:59.000Z

214

Experimental Tests of Competitive Markets for Electric Power  

E-Print Network (OSTI)

Testing the performance of electricity markets using POWERWEB has already shown that relatively inexperienced players can identify and exploit market power in load pockets. When transmission constraints are not binding, however, auctions with six players have been shown to be efficient. There is evidence from operating electricity markets that prices can be driven above competitive levels when the largest supplier controls less than 20 % of total installed capacity. This is accomplished by causing price spikes to occur. In experiments, uncertainty about the actual load and paying standby costs regardless of whether or not a unit is actually dispatched contribute to volatile price behavior. The objective of this paper is to investigate characteristics of a market that affect price volatility. The tests consider three different sets of rules for setting price when there are capacity shortfalls, and the following four market structures: 1. Load is responsive to price 2. Price forecasts are made before market settlement 3 A day-ahead market and a balancing market auction 4. Suppliers are paid actual offers (a discriminatory auction) 1

Simon Ede; Timothy Mount; William Schulze; Robert Thomas; Ray Zimmerman

2001-01-01T23:59:59.000Z

215

Customer Strategies for Responding to Day-Ahead Market Hourly Electricity Pricing  

E-Print Network (OSTI)

next day’s hourly electricity prices? ( CHECK ONLY ONE ) 1.to Real Time Electricity Prices, Unpublished Manuscript atahead Wholesale Market Electricity Prices: Case Study of RTP

2005-01-01T23:59:59.000Z

216

Cap-and-Trade Modeling and Analysis: Congested Electricity Market Equilibrium  

E-Print Network (OSTI)

Concerning Cap and Trade Programs in Electricity: the CaseCap and Trade Regulation on Congested Electricity Marketcap and trade regu- lation on congested electricity market

Limpaitoon, Tanachai

2012-01-01T23:59:59.000Z

217

Electric retail market options: The customer perspective  

SciTech Connect

This report describes various options that are now available for retail electric customers, or that may become available during the next few years as the electric utility industry restructures. These options include different ways of meeting demand for energy services, different providers of service or points of contact with providers, and different pricing structures for purchased services. Purpose of this document is to examine these options from the customer`s perspective: how might being a retail electric customer in 5--10 years differ from now? Seizing opportunities to reduce cost of electric service is likely to entail working with different service providers; thus, transaction costs are involved. Some of the options considered are speculative. Some transitional options include relocation, customer-built/operated transmission lines, municipalization, self-generation, and long-term contracts with suppliers. All these may change or diminish in a restructured industry. Brokers seem likely to become more common unless restructuring takes the form of mandatory poolcos (wholesale). Some options appear robust, ie, they are likely to become more common regardless of how restructuring is accomplished: increased competition among energy carriers (gas vs electric), real-time pricing, etc. This report identified some of the qualitative differences among the various options. For customers using large amounts of electricity, different alternatives are likely to affect greatly service price, transaction costs, tailoring service to customer preferences, and risks for customer. For retail customers using small amounts of electricity, there may be little difference among the options except service price.

Hadley, S.W.; Hillsman, E.L.

1995-07-01T23:59:59.000Z

218

Competition and Prices on the Emerging Nordic Electricity Market  

E-Print Network (OSTI)

The purpose of this paper is to quantitatively evaluate the impact on electricity prices of deregulation and free trade in the Nordic countries. The analysis is focused on the impact of increased competition on market power and the degree of monopolistic pricing. The major tool for our analysis of electricity trade and prices is a numerical multicountry electricity market model in which losses and bottlenecks in the transmission system are taken into account. Moreover both Cournot and perfect competition equilibria with and without free trade in electricity can be simulated. According to the simulation results there are significant differences between the Cournot and perfect competition equilibrium prices under autarky. When inter-country trade is allowed, however, the Cournot equilibrium prices are quite close to the equilibrium prices under perfect competition. Yet the net inter-country physical flows of electricity are small and well within existing transmission capacities.

Eirik S. Amundsen; Lars Bergman; Bo Andersson; Jel-classification D

1998-01-01T23:59:59.000Z

219

An algorithmic game theory study of wholesale electricity markets based on central auction  

Science Conference Proceedings (OSTI)

The deregulation of the electricity markets produced significant economic benefits. Improving their efficiency is a prominent scientific challenge. We focus on wholesale electricity markets, in which generators sell electricity to a public agency by ...

Sofia Ceppi; Nicola Gatti

2010-12-01T23:59:59.000Z

220

The political economy of electricity market liberalization  

E-Print Network (OSTI)

indicator of the relative gains of urban consumers is the tariff rebalancing associated with liberalization. In addition to gains from tariff rebalancing, liberalization usually results in an improvement in electricity service (e.g. fewer interruptions... of government ideology, political factors and globalization on energy regulation in electricity and gas industries using the bias-corrected least square dummy variable model in a panel of 23 OECD countries over the period 1975-2007. They find that left- wing...

Erdogdu, Erkan

2012-05-17T23:59:59.000Z

Note: This page contains sample records for the topic "nems electricity market" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


221

Will electricity market reform likely reduce retail rates?  

Science Conference Proceedings (OSTI)

To win public support, proponents for electricity market reform to introduce competition often promise that the post-reform retail rates will be lower than the average embedded cost rates that would have prevailed under the status quo of a regulated monopoly. A simple economic analysis shows that such a promise is unlikely to occur without the critical assumption that the post-reform market has marginal costs below average costs. (author)

Woo, C.K.; Zarnikau, Jay

2009-03-15T23:59:59.000Z

222

Exploring Alternative Wholesale Electricity Market Structures for California  

Science Conference Proceedings (OSTI)

The California Energy Commission workshop, Exploring Alternative Wholesale Electricity Market Structures for California, brought together a broad spectrum of industry stakeholders to evaluate alternative power market structures for their ability to reduce price volatility and ensure reliable energy service. This document includes workshop papers, presentations, and panel discussions. This information can help energy planners, regulators, and policy makers understand the lessons of the California power cr...

2003-01-21T23:59:59.000Z

223

Essays on pricing electricity and electricity derivatives in deregulated markets.  

E-Print Network (OSTI)

??This dissertation is composed of four essays on the behavior of wholesale electricity prices and their derivatives. The first essay provides an empirical model that… (more)

Popova, Julia.

2008-01-01T23:59:59.000Z

224

Electricity Regulation in California and Input Market Distortions  

E-Print Network (OSTI)

We provide an analysis of the soft price cap regulation that occurred in California’s electricity market between December 2000 and June 2001. We demonstrate the incentive it created to distort the prices of electricity inputs. After introducing a theoretical model of the incentive, we present empirical data from two important input markets: pollution emissions permits and natural gas. We find substantial evidence that generators manipulated these costs in a way that allowed them to justify bids in excess of the price cap and earn higher rents than they could otherwise. Our analysis suggests that the potential benefits of soft price cap regulation were likely undone by such behavior. 1

Mark R. Jacobsen; Azeem M. Shaikh

2004-01-01T23:59:59.000Z

225

Wind Power Forecasting andWind Power Forecasting and Electricity Market Operations  

E-Print Network (OSTI)

Power Forecasting in Five U.S. Electricity Markets MISO NYISO PJM ERCOT CAISO Peak load 109,157 MW (7 ........................................................................................... 18 4 WIND POWER FORECASTING AND ELECTRICITY MARKET OPERATIONS............................................................ 18 4-1 Market Operation and Wind Power Forecasting in Five U.S. Electricity Markets .......... 21 #12

Kemner, Ken

226

Annual Energy Outlook with Projections to 2025 - Market Trends- Electricity  

Gasoline and Diesel Fuel Update (EIA)

Electricity Demand and Supply Electricity Demand and Supply Annual Energy Outlook 2005 Market Trends - Electricity Demand and Supply Continued Growth in Electricity Use Is Expected in All Sectors Figure 66. Annual electricity sales by sector, 1970-2025 (billion kilowatthours). Having problems, call our National Energy Information Center at 202-586-8800 for help. Figure data Total electricity sales are projected to increase at an average annual rate of 1.9 percent in the AEO2005 reference case, from 3,481 billion kilowatthours in 2003 to 5,220 billion kilowatthours in 2025 (Figure 66). From 2003 to 2025, annual growth in electricity sales is projected to average 1.6 percent in the residential sector, 2.5 percent in the commercial sector, and 1.3 percent in the industrial sector.

227

Abstract--Load serving entities (LSE) and holders of default service obligations, in restructured electricity markets, provide  

E-Print Network (OSTI)

, in restructured electricity markets, provide electricity service at regulated or contracted fixed prices while standard forward contracts and commodity derivatives. Keywords: Electricity Markets, Risk Management, Volumetric hedging, I. INTRODUCTION The introduction of competitive wholesale markets in the electricity

Oren, Shmuel S.

228

Availability of the National Energy Modeling System (NEMS) Archive.  

U.S. Energy Information Administration (EIA)

Availability of the National Energy Modeling System (NEMS) Archive. NEMS has been developed primarily for use by the modelers at Energy Information

229

The Restructuring and Privatisation of the Peruvian Electricity Distribution Market  

E-Print Network (OSTI)

the most and consumers the least due to price increase. Keywords cost benefit analysis, restructuring and privatisation, electricity market, Peru JEL Classification D61, H43, L94 Contact ka272@cam.ac.uk Publication March 2010 Financial Support... 29 in 1968 to 177 in 1990. However, the bad performance of these companies produced an aggregated net loss of US$ 531 million (World Bank, 1994) 3 In terms of prices, the Electric Tariff Commission (CTE) was the autonomous agency responsible...

Anaya, K L

230

The National Energy Modeling System: An Overview 2000 - Overview of NEMS  

Gasoline and Diesel Fuel Update (EIA)

NEMS represents domestic energy markets by explicitly representing the economic decision making involved in the production, conversion, and consumption of energy products. Where possible, NEMS includes explicit representation of energy technologies and their characteristics. NEMS represents domestic energy markets by explicitly representing the economic decision making involved in the production, conversion, and consumption of energy products. Where possible, NEMS includes explicit representation of energy technologies and their characteristics. Since energy costs and availability and energy-consuming characteristics can vary widely across regions, considerable regional detail is included. Other details of production and consumption categories are represented to facilitate policy analysis and ensure the validity of the results. A summary of the detail provided in NEMS is shown below. Summary Table Major Assumptions Each module of NEMS embodies many assumptions and data to characterize the future production, conversion, or consumption of energy in the United States. Two major assumptions concern economic growth in the United States and world oil prices, as determined by world oil supply and demand.

231

Tracking Market Transitions: Key Trends in America's Electricity Markets: Retail Customers and Energy Competition  

Science Conference Proceedings (OSTI)

U.S. electricity markets have been transitioning in an uneven, but accelerating pace toward competition. Enough experience with competition exists by now to begin to draw from lessons learned. This report summarizes key trends observed in U.S. competitive energy markets to-date, and suggests several trends that are likely to emerge in the near future. Among some of the most important trends observed are the declining number of retail mass-market energy service providers, and the relative lack of differen...

1999-11-23T23:59:59.000Z

232

Hedging Quantity Risks with Standard Power Options in a Competitive Wholesale Electricity Market  

E-Print Network (OSTI)

Hedging Quantity Risks with Standard Power Options in a Competitive Wholesale Electricity MarketScience (www.interscience.wiley.com). Abstract: This paper addresses quantity risk in the electricity market-serving entity, which provides electricity service at a regulated price in electricity markets with price

Oren, Shmuel S.

233

Transmission Asset Investment in Electricity Markets Javier Contreras1  

E-Print Network (OSTI)

Transmission Asset Investment in Electricity Markets Javier Contreras1 and George Gross2 Abstract: We construct a general analytic framework for the transmission network investment problem in the evaluation of the impacts of new transmission investments under competition. The proposed metrics are useful

Gross, George

234

The National Energy Modeling System: An Overview 2000 - Electricity Market  

Gasoline and Diesel Fuel Update (EIA)

electricity market module (EMM) represents the generation, transmission, and pricing of electricity, subject to: delivered prices for coal, petroleum products, and natural gas; the cost of centralized generation from renewable fuels; macroeconomic variables for costs of capital and domestic investment; and electricity load shapes and demand. The submodules consist of capacity planning, fuel dispatching, finance and pricing, and load and demand-side management (Figure 9). In addition, nonutility supply and electricity trade are represented in the fuel dispatching and capacity planning submodules. Nonutility generation from cogenerators and other facilities whose primary business is not electricity generation is represented in the demand and fuel supply modules. All other nonutility generation is represented in EMM. The generation of electricity is accounted for in 15 supply regions (Figure 10), and fuel consumption is allocated to the 9 Census divisions.

235

Demand responsive programs - an emerging resource for competitive electricity markets?  

SciTech Connect

The restructuring of regional electricity markets in the U.S. has been accompanied by numerous problems, including generation capacity shortages, transmission congestion, wholesale price volatility, and reduced system reliability. These problems have created significant new opportunities for technologies and business approaches that allow load serving entities and other aggregators, to control and manage the load patterns of their wholesale or retail end-users. These technologies and business approaches for manipulating end-user load shapes are known as Load Management or, more recently, Demand Responsive programs. Lawrence Berkeley National Laboratory (LBNL) is conducting case studies on innovative demand responsive programs and presents preliminary results for five case studies in this paper. These case studies illustrate the diversity of market participants and range of technologies and business approaches and focus on key program elements such as target markets, market segmentation and participation results; pricing scheme; dispatch and coordination; measurement, verification, and settlement; and operational results where available.

Heffner, Grayson C. Dr.; Goldman, Charles A.

2001-06-25T23:59:59.000Z

236

Econophysical Dynamics of Market-Based Electric Power Distribution Systems  

E-Print Network (OSTI)

As energy markets begin clearing at sub-hourly rates, their interaction with load control systems becomes a potentially important consideration. A simple model for the control of thermal systems using market-based power distribution strategies is proposed, with particular attention to the behavior and dynamics of electric building loads and distribution-level power markets. Observations of dynamic behavior of simple numerical model are compared to that of an aggregate continuous model. The analytic solution of the continuous model suggests important deficiencies in each. The continuous model provides very valuable insights into how one might design such load control system and design the power markets they interact with. We also highlight important shortcomings of the continuous model which we believe must be addressed using discrete models.

Nicolas Ho; David P. Chassin

2006-02-09T23:59:59.000Z

237

An institutional frame to compare alternative market designs in EU electricity balancing  

E-Print Network (OSTI)

The so-called "electricity wholesale market" is, in fact, a sequence of several markets. The chain is closed with a provision for "balancing," in which energy from all wholesale markets is balanced under the authority of ...

Glachant, Jean-Michel

2007-01-01T23:59:59.000Z

238

www.ucei.org Capacity Markets for Electricity ?  

E-Print Network (OSTI)

The creation of electricity markets has raised the fundamental question as to whether markets provide the right incentives for the provision of the reserves needed to maintain system reliability, or whether some form of regulation is needed. In some states in the US, electricity retailers have been made responsible for providing such reserves by contracting capacity in excess of their forecasted peak demand. The socalled Installed Capacity Markets (ICAP) provide one means for contracting reserves, and are the subject of this paper. In particular, for given productive and transmission capacities, we identify firms ’ opportunity costs of committing resources in the capacity market, and hence, the costs of inducing full capacity commitment. Regulatory issues such as the optimal choice of the reserve margin and the capacity deficiency rate (which serves as a price-cap) are analyzed. From a welfare view-point, we also compare the desirability of providing reserves either through capacity markets or through the demand side (i.e. power curtailments).

Anna Creti; Natalia Fabra; Iii Madrid; Anna Creti; Natalia Fabra; Iii Madrid

2004-01-01T23:59:59.000Z

239

Saving Opportunities in the Restructured Texas Electric Market  

E-Print Network (OSTI)

This paper will discuss the opportunities available to businesses, industries, and public entities in the restructured electric market in Texas. We will provide a case study of the demand side and supply side options that have been used by the City of Farmers Branch to optimize their savings and comply with Senate Bill 5. The paper will also discuss the experiences, future opportunities and obstacles that can be used by customer groups to increase their savings through load profile shaping and load management. These and other methods of involving public and private entities in the restructured Texas market will be covered.

Smolen, P.; Fox, M.

2003-05-01T23:59:59.000Z

240

Price Forecasting and Optimal Operation of Wholesale Customers in a Competitive Electricity Market.  

E-Print Network (OSTI)

??This thesis addresses two main issues: first, forecasting short-term electricity market prices; and second, the application of short-term electricity market price forecasts to operation planning… (more)

Zareipour, Hamidreza

2006-01-01T23:59:59.000Z

Note: This page contains sample records for the topic "nems electricity market" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


241

Price Responsive Demand in New York Wholesale Electricity Market using OpenADR  

E-Print Network (OSTI)

Advanced Metering, and Demand Response in Electricity2006. Benefits of Demand Response in Electricity Markets and2010. Open Automated Demand Response Technologies for

Kim, Joyce Jihyun

2013-01-01T23:59:59.000Z

242

Stochastic models of electricity prices and risk premia in the PJM market.  

E-Print Network (OSTI)

??With a main focus on risk premia in a US electricity market, we propose three stochastic models for electricity spot prices. Based on the proposed… (more)

Xiao, Yuewen

2012-01-01T23:59:59.000Z

243

Nanotribology and nanomechanics of MEMS/NEMS and BioMEMS/BioNEMS materials and devices  

Science Conference Proceedings (OSTI)

The micro/nanoelectromechanical systems (MEMS/NEMS) need to be designed to perform expected functions typically in millisecond to picosecond range. Expected life of the devices for high speed contacts can vary from few hundred thousand to many billions ... Keywords: MEMS, NEMS, Nanomaterials characterization, Nanomechanics, Nanotechnology

Bharat Bhushan

2007-03-01T23:59:59.000Z

244

Electric Markets Technical Assistance Program: FY2002 Grant Descriptions and Contact Information  

Energy.gov (U.S. Department of Energy (DOE))

Grant descriptions and contact information for grants awarded in FY 2002 under the Electric Markets Technical Assistance Program

245

Electric Markets Technical Assistance Program: FY2001 Grant Descriptions and Contact Information  

Energy.gov (U.S. Department of Energy (DOE))

Grant descriptions and contact information for grants awarded under the Electric Markets Technical Assistance Program in FY 2001.

246

Electric Markets Technical Assistance Program: FY2003 Grant Descriptions and Contact Information  

Energy.gov (U.S. Department of Energy (DOE))

Grant descriptions and contact information for grants awarded during FY2003 under the Electric Markets Technical Assistance Program

247

Agent-based simulation of electricity markets: a survey of tools  

Science Conference Proceedings (OSTI)

Agent-based simulation has been a popular technique in modeling and analyzing electricity markets in recent years. The main objective of this paper is to study existing agent-based simulation packages for electricity markets. We first provide an overview ... Keywords: Adaptation, Agent-based simulation, Artificial life, Electricity market, Swarm intelligence

Zhi Zhou; Wai Kin Chan; Joe H. Chow

2007-12-01T23:59:59.000Z

248

Electricity Markets and Policy Group Energy Analysis Department The Cost of Transmission for Wind  

E-Print Network (OSTI)

Electricity Markets and Policy Group · Energy Analysis Department 1 The Cost of Transmission Lawrence Berkeley National Laboratory February 2009 #12;Electricity Markets and Policy Group · Energy Implications and Future Work #12;Electricity Markets and Policy Group · Energy Analysis Department 3 Motivation

249

Energy Analysis Department Electricity Markets and Policy Group The Impact of Rate Design and Net  

E-Print Network (OSTI)

Energy Analysis Department Electricity Markets and Policy Group The Impact of Rate Design and Net of Energy #12;Energy Analysis Department Electricity Markets and Policy Group 2 Project Overview Context alternative compensation mechanisms #12;Energy Analysis Department Electricity Markets and Policy Group 3

250

Electricity Market Price Forecasting in a Price-responsive Smart Grid Environment  

E-Print Network (OSTI)

of this load is to use electricity market price forecasts to op- timally schedule a combination of the gas of Electricity Market Price Forecasting Errors: A Demand-Side Analysis Hamidreza Zareipour, Member, IEEE, Claudio--Several techniques have been proposed in the liter- ature to forecast electricity market prices and improve forecast

251

An Empirical Analysis of the Potential for Market Power in California's Electricity Industry  

E-Print Network (OSTI)

PWP-044r An Empirical Analysis of the Potential for Market Power in California's Electricity's Electricity Industry Severin Borenstein and James Bushnell University of California Energy Institute 2539 the California electricity market after deregulation as a static Cournot market with a competitive fringe. Our

California at Berkeley. University of

252

U.S. Regional Demand Forecasts Using NEMS and GIS  

SciTech Connect

The National Energy Modeling System (NEMS) is a multi-sector, integrated model of the U.S. energy system put out by the Department of Energy's Energy Information Administration. NEMS is used to produce the annual 20-year forecast of U.S. energy use aggregated to the nine-region census division level. The research objective was to disaggregate this regional energy forecast to the county level for select forecast years, for use in a more detailed and accurate regional analysis of energy usage across the U.S. The process of disaggregation using a geographic information system (GIS) was researched and a model was created utilizing available population forecasts and climate zone data. The model's primary purpose was to generate an energy demand forecast with greater spatial resolution than what is currently produced by NEMS, and to produce a flexible model that can be used repeatedly as an add-on to NEMS in which detailed analysis can be executed exogenously with results fed back into the NEMS data flow. The methods developed were then applied to the study data to obtain residential and commercial electricity demand forecasts. The model was subjected to comparative and statistical testing to assess predictive accuracy. Forecasts using this model were robust and accurate in slow-growing, temperate regions such as the Midwest and Mountain regions. Interestingly, however, the model performed with less accuracy in the Pacific and Northwest regions of the country where population growth was more active. In the future more refined methods will be necessary to improve the accuracy of these forecasts. The disaggregation method was written into a flexible tool within the ArcGIS environment which enables the user to output the results in five year intervals over the period 2000-2025. In addition, the outputs of this tool were used to develop a time-series simulation showing the temporal changes in electricity forecasts in terms of absolute, per capita, and density of demand.

Cohen, Jesse A.; Edwards, Jennifer L.; Marnay, Chris

2005-07-01T23:59:59.000Z

253

Analysis on various pricing scenarios in a deregulated electricity market  

E-Print Network (OSTI)

The electricity pricing structure in Texas has changed after deregulation (January 2002). The Energy Systems Laboratory has served as a technical consultant on electricity purchases to several universities in the Texas A&M University System since 2001. In the fiscal year of 2006 Stephen F. Austin State University joined with the TAMU campuses and agencies, and there are now 183 accounts in the Electric Reliability Council of Texas (ERCOT) North, Northeast, South, West, and Houston areas of Texas. From the 183 accounts, 9 Interval Data Recorder (IDR) accounts consume 92% of the total load. The objective of this research is to find the most economic price structure to purchase electricity for the Texas A&M System and Stephen F. Austin University by analyzing various pricing scenarios: the spot market, forward contracts, take or pay contracts and on/off season (tiered) contracts. The analysis was based on the 9 IDR accounts. The prices for the spot market were given by ERCOT and the other prices by Sempra. The energy charges were calculated every 15 minute using the real historical consumption of each facility and the aggregated load of all facilities. The result for the analysis was given for each institution separately, as well as for the aggregated load of all facilities. The results of the analysis showed that the tiered price was the most economical structure to purchase electricity for each individual university and for the total aggregated load of all 9 IDR accounts. From March 1, 2005 to February 28, 2006, purchasing electricity on the tiered price would have cost $13,810,560. The forward contract, that is, purchasing electricity on a fixed rate, was the next cheapest with an energy cost of $14,266,870 from March 1, 2005 to February 28, 2006, 3% higher than purchasing electricity at the tiered price. The most expensive method to purchase electricity would have been the spot market. Its energy costs would have been approximately $18,171,610, 36% and 31% higher, respectively, than purchasing electricity at the tiered price and the fixed rate.

Afanador Delgado, Catalina

2006-08-01T23:59:59.000Z

254

Demand Response in U.S. Electricity Markets: Empirical Evidence  

SciTech Connect

Empirical evidence concerning demand response (DR) resources is needed in order to establish baseline conditions, develop standardized methods to assess DR availability and performance, and to build confidence among policymakers, utilities, system operators, and stakeholders that DR resources do offer a viable, cost-effective alternative to supply-side investments. This paper summarizes the existing contribution of DR resources in U.S. electric power markets. In 2008, customers enrolled in existing wholesale and retail DR programs were capable of providing ~;;38,000 MW of potential peak load reductions in the United States. Participants in organized wholesale market DR programs, though, have historically overestimated their likely performance during declared curtailments events, but appear to be getting better as they and their agents gain experience. In places with less developed organized wholesale market DR programs, utilities are learning how to create more flexible DR resources by adapting legacy load management programs to fit into existing wholesale market constructs. Overall, the development of open and organized wholesale markets coupled with direct policy support by the Federal Energy Regulatory Commission has facilitated new entry by curtailment service providers, which has likely expanded the demand response industry and led to product and service innovation.

Cappers, Peter; Goldman, Charles; Kathan, David

2009-06-01T23:59:59.000Z

255

Market structure and competition: a cross-market analysis of U.S. electricity deregulation, CSEM Working Paper No  

E-Print Network (OSTI)

This paper examines the importance of market characteristics in restructured electricity markets. We measure market performance relative to benchmarks that abstract away from market design characteristics but capture important structural elements. Specifically, we estimate market outcomes under an assumption of perfect competition and under an assumption of Cournot competition in three U.S. markets: California, New England, and PJM. These two counter-factual assumptions bound the space of possible static, non-cooperative outcomes. By establishing where actual market outcomes fall within these bounds, we can compare how markets perform relative to the extremes determined by structural factors alone. Our findings suggest that vertical arrangements between suppliers and retailers, dramatically affect estimated market outcomes. When we include vertical arrangements in firms ’ objective functions, Cournot equilibrium prices in both PJM and New England fall dramatically. California did not have such arrangements. After accounting for vertical arrangements, performance in each market relative to Cournot is similar, particularly during hours of peak demand.

James Bushnell; Erin T. Mansur; Celeste Saravia; James Bushnell; Erin T. Mansur; Celeste Saravia; Steve Puller; Peter Schott; Frank Wolak

2004-01-01T23:59:59.000Z

256

Minimizing Building Electricity Costs in a Dynamic Power Market: Algorithms and Impact on Energy Conservation  

E-Print Network (OSTI)

Minimizing Building Electricity Costs in a Dynamic Power Market: Algorithms and Impact on Energy of Computing, The Hong Kong Polytechnic University, Hong Kong, P. R. China 2 Department of Electrical and the electricity bills nowa- days are leading to unprecedented costs. Electricity price is market-based and dynamic

Wang, Dan

257

Price Responsive Demand in New York Wholesale Electricity Market using OpenADR  

E-Print Network (OSTI)

and Demand Response in Electricity Markets." University ofRates and Tariffs /Schedule for Electricity Service, P.S.C.no. 10- Electricity/Rules 24 (Riders)/Leaf No. 177-327."

Kim, Joyce Jihyun

2013-01-01T23:59:59.000Z

258

Symbolism in California’s Early Market for Hybrid Electric Vehicles  

E-Print Network (OSTI)

1. Why would anyone buy a hybrid electric vehicle? FirstUS in 1999, hybrid electric vehicles (HEVs) are a radicalearly market for hybrid electric vehicles Reid R. He?ner * ,

Heffner, Reid R.; Kurani, Kenneth S; Turrentine, Tom

2008-01-01T23:59:59.000Z

259

STEMS Demo Software, Version 1.5: Short-Term Electricity Market Simulator Demo  

Science Conference Proceedings (OSTI)

The Short-Term Electricity Market Simulator (STEMS) Demo software version 1.5 allows the user to study the realistic behavior of a short-term electricity market using a detailed model of the power system and realistic bidding and market clearing mechanisms to emulate the behavior of various market designs, including the FERC Standard Market Design and the California MD02 design. The STEMS Demo software version 1.5 allows the user to study a short-term electricity market. It combines the functionality of ...

2003-12-23T23:59:59.000Z

260

Impacts of Electric Industry Restructuring on Electric Generation and Fuel Markets: Analytical and Business Challenges  

Science Conference Proceedings (OSTI)

Restructuring and increasing competition are likely to have a major impact on electric generating companies and the individuals and organizations that buy, transport, market, or supply fuels. Restructuring may also affect the patterns of coal and gas use. This report, the first in a series by EPRI and the Gas Research Institute (GRI), describes the scope of these potential impacts.

1997-03-27T23:59:59.000Z

Note: This page contains sample records for the topic "nems electricity market" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


261

Design and implementation of a decision support system for competitive electricity markets  

Science Conference Proceedings (OSTI)

In this paper we describe software which could be used as a decision support tool for decision makers in competitive electricity markets. The tool is based on the behavior of the competitors in the market, thus many different parameters around them are ... Keywords: Competitive electricity markets, Simulation model, Spot prices

Julia Sancho; Joaquín Sánchez-Soriano; Juan Antonio Chazarra; Juan Aparicio

2008-03-01T23:59:59.000Z

262

Impact of storage on the efficiency and prices in real-time electricity markets  

Science Conference Proceedings (OSTI)

We study the effect of energy-storage systems in dynamic real-time electricity markets. We consider that demand and renewable generation are stochastic, that real-time production is affected by ramping constraints, and that market players seek to selfishly ... Keywords: electricity pricing, energy economics, energy storage system, market efficiency

Nicolas Gast, Jean-Yves Le Boudec, Alexandre Proutière, Dan-Cristian Tomozei

2013-01-01T23:59:59.000Z

263

Analytical value at risk methods in the financial electricity market.  

E-Print Network (OSTI)

??Market risk is among the most important sources of risk for companies in the financial and commodity markets. Proper estimation of market risk has become… (more)

Javanainen, Timo

2007-01-01T23:59:59.000Z

264

NEMS may be addressed to the following analysts:  

E-Print Network (OSTI)

This publication is on the WEB at: www.eia.doe.gov/oiaf/aeo/overview/index.html This report was prepared by the Energy Information Administration, the independent statistical and analytical agency within the U.S. Department of Energy. The information contained herein should be attributed to the Energy Information Administration and should not be construed as advocating or reflecting any policy position of the Department of Energy or any other organization. PREFACE The National Energy Modeling System: An Overview provides a summary description of the National Energy Modeling System (NEMS), which was used to generate the forecasts of energy production, demand, imports, and prices through the year 2020 for the Annual Energy Outlook 2000 (AEO2000), (DOE/EIA-0383(2000)), released in November 1999. AEO2000 presents national forecasts of energy markets for five cases—a reference case and four additional cases that assume higher and lower economic growth and higher and lower world oil prices than in the reference case. The Overview presents a brief description of the methodology and scope of each of the component modules of NEMS. The model documentation reports listed in the appendix of this document

An Overview; Aeo Susan H. Holte

2000-01-01T23:59:59.000Z

265

Diagnosing and Mitigating Market Power in Chile's Electricity Industry  

E-Print Network (OSTI)

Universidad de Chile May 12, 2003 Abstract This paper examines the incentives to exercise market power that generators would face and the di®erent strategies that they would follow if all electricity supplies in Chile were traded in an hourly-unregulated spot... at the Instituto de Economia, Universidad Cat¶olica de Chile and Centro de Econom¶ia Aplicada, Universidad de Chile. Financial support from the MIT Center for Energy and Environmental Policy Research (CEEPR) is gratefully acknowledged. yCenter of Applied Economics...

Arellano, M Soledad

2004-06-16T23:59:59.000Z

266

U.S. Regional Demand Forecasts Using NEMS and GIS  

E-Print Network (OSTI)

Forecasts Using NEMS and GIS National Climatic Data Center.with Changing Boundaries." Use of GIS to Understand Socio-Forecasts Using NEMS and GIS Appendix A. Map Results Gallery

Cohen, Jesse A.; Edwards, Jennifer L.; Marnay, Chris

2005-01-01T23:59:59.000Z

267

Assessment and Suggestions to Improve the Commercial Building Module of EIA-NEMS  

E-Print Network (OSTI)

The National Energy Modeling System (NEMS) is a comprehensive, computer-based, energy-economy modeling system developed and maintained by the Department of Energy's Energy Information Administration (EIA). NEMS forecasts the national production, imports, conversion, consumption, and prices of energy out to 2015, subject to macroeconomic assumptions, world energy markets, resource availability and costs, technological developments, and behavioral and technological choice criteria. NEMS has nine program modules of which the Commercial Sector Demand (CSD) module is one. Currently the CSD module uses a matrix of Energy Use Intensities (EUls) gleaned from the 1989 CBECS database to model service demand per major fuel type for eight different geographic census divisions and eleven different building types.

O'Neal, D. L.

1996-01-01T23:59:59.000Z

268

An agent-based approach to modeling electricity spot markets  

E-Print Network (OSTI)

(cont.) The model could also be used to analyze market factors (such as new market rules) and their effects on market price dynamics and market participants' behaviors, as well as to identify the "best" response action of ...

Visudhiphan, Poonsaeng, 1973-

2003-01-01T23:59:59.000Z

269

Demand Response in U.S. Electricity Markets: Empirical Evidence  

Energy.gov (U.S. Department of Energy (DOE)) Indexed Site

LBNL-2124E LBNL-2124E Demand Response in U.S. Electricity Markets: Empirical Evidence Principal Authors Peter Cappers a , Charles Goldman a , and David Kathan b a Lawrence Berkeley National Laboratory 1 Cyclotron Road, Berkeley, CA 94720 b Federal Energy Regulatory Commission, 888 First Street, NE, Washington, DC 20426, Energy Analysis Department Ernest Orlando Lawrence Berkeley National Laboratory 1 Cyclotron Road, MS 90R4000 Berkeley CA 94720-8136 Environmental Energy Technologies Division June 2009 http://eetd.lbl.gov/ea/EMS/EMS_pubs.html Pre-print version of the article to be published in Energy, forthcoming 2009. The work described in this paper was funded by the Office of Electricity Delivery and Energy Reliability, Permitting, Siting and Analysis of the U.S.

270

The portfolio diversification value of nuclear power in liberalized electricity markets  

E-Print Network (OSTI)

The key difference between a regulated and a liberalized electricity market is the establishment of a competitive generation marketplace via spot markets, day-ahead auctions, and over-the-counter trading activity. In a ...

Bean, Malcolm (Malcolm K.)

2012-01-01T23:59:59.000Z

271

An Agent Based System for California Electricity Market: A Perspective of Myopic Machine Learning  

Science Conference Proceedings (OSTI)

In recent years, an agent based system is widely adopted to model a deregulated electricity market. [1] and [2] have developed a Multi-Agent Intelligent Simulator (MAIS) to model the structure of US wholesale market. The methodological practicality was ...

Toshiyuki Sueyoshi; Gopalakrishna Reddy Tadiparthi

2007-12-01T23:59:59.000Z

272

Incorporation of plug in hybrid electric vehicle in the reactive power market  

Science Conference Proceedings (OSTI)

This paper incorporates plug in hybrid electric vehicle(PHEV) in the reactive power market. The PHEV capability curve is first extracted considering the operation limit of PHEV. In order to offer price in the reactive power market

H. Feshki Farahani; H. A. Shayanfar; M. S. Ghazizadeh

2012-01-01T23:59:59.000Z

273

Electricity Market Complex Adaptive System | Open Energy Information  

Open Energy Info (EERE)

Market Complex Adaptive System Market Complex Adaptive System Jump to: navigation, search Tool Summary Name: Electricity Market Complex Adaptive System Agency/Company /Organization: Argonne National Laboratory Sector: Energy Phase: Determine Baseline, Evaluate Options Topics: Pathways analysis Resource Type: Software/modeling tools User Interface: Desktop Application Website: www.dis.anl.gov/projects/emcas.html Country: United States Cost: Paid Northern America Coordinates: 37.09024°, -95.712891° Loading map... {"minzoom":false,"mappingservice":"googlemaps3","type":"ROADMAP","zoom":14,"types":["ROADMAP","SATELLITE","HYBRID","TERRAIN"],"geoservice":"google","maxzoom":false,"width":"600px","height":"350px","centre":false,"title":"","label":"","icon":"","visitedicon":"","lines":[],"polygons":[],"circles":[],"rectangles":[],"copycoords":false,"static":false,"wmsoverlay":"","layers":[],"controls":["pan","zoom","type","scale","streetview"],"zoomstyle":"DEFAULT","typestyle":"DEFAULT","autoinfowindows":false,"kml":[],"gkml":[],"fusiontables":[],"resizable":false,"tilt":0,"kmlrezoom":false,"poi":true,"imageoverlays":[],"markercluster":false,"searchmarkers":"","locations":[{"text":"","title":"","link":null,"lat":37.09024,"lon":-95.712891,"alt":0,"address":"","icon":"","group":"","inlineLabel":"","visitedicon":""}]}

274

Do Generation Firms in Restructured Electricity Markets Have Incentives to Support Socially-Efficient Transmission Investments? *  

E-Print Network (OSTI)

that generation firms have in restructured electricity markets for supporting long-term transmission investments electricity markets, have the incentives to fund or support social-welfare-improving transmission investments.S. transmission system is under stress (Abraham, 2002). Growth of electricity demand and new generation capacity

275

Equilibria in Electricity Markets Autonomous System for Remote Areas References Applications of Linear and Nonlinear Optimisation  

E-Print Network (OSTI)

of electricity markets. Most models incorporate the transmission system by using linear DC approximationsEquilibria in Electricity Markets Autonomous System for Remote Areas References Applications of Linear and Nonlinear Optimisation in the Electricity Sector Miguel F. Anjos Professor and Canada Research

276

Applying mathematical programming elements to answer market needs: case studies of optimization of electrical power flow  

Science Conference Proceedings (OSTI)

This paper seeks to investigate the application of mathematical programming, considering it as a tool for optimal electrical power generation and management. Nowadays, observing signals of crisis in various countries, electrical power emerges not only ... Keywords: energy flow in electrical energy networks and markets, linear programming, marketing theory, mathematical programming, optimum power flow DC

Emerson Eustáquio Costa; Luiz Danilo Barbosa Terra; George Leal Jamil

2008-01-01T23:59:59.000Z

277

E-BUSINESS FOR THE ELECTRICITY RETAIL MARKET A Business to Client perspective  

E-Print Network (OSTI)

E-BUSINESS FOR THE ELECTRICITY RETAIL MARKET A Business to Client perspective Victor Santos ISCAC - 290 Coimbra, Portugal Email: amartins@deec.uc.pt Keywords: Electrical retail, e-Business, B2B, B2C, real time price. Abstract: In the new deregulated market of the electricity industry the communication

Monteiro, Edmundo

278

Electricity Markets: Should the Rest of the World Adopt the UK Reforms?  

E-Print Network (OSTI)

PWP-069 Electricity Markets: Should the Rest of the World Adopt the UK Reforms? Catherine D;1 Electricity Markets: Should the Rest of the World Adopt the UK Reforms?1 By Catherine D. Wolfram2 Britain was one of the first countries to liberalize its electricity industry when it restructured and privatized

California at Berkeley. University of

279

THE ELECTRICITY RETAIL MARKET: REQUERIMENTS FOR AN E-BUSINESS SYSTEM  

E-Print Network (OSTI)

THE ELECTRICITY RETAIL MARKET: REQUERIMENTS FOR AN E-BUSINESS SYSTEM Victor Santos ISCAC to Client . Abstract: In the last decade the electric energy market as changed is structure in several countries, mainly in the most developed, ones where the regulated activity of electrical companies where

Monteiro, Edmundo

280

The NordPool Market The spot and electricity forward relation  

E-Print Network (OSTI)

The NordPool Market The spot and electricity forward relation Spot price modelling HJM approach to forwards Conclusions Modelling and pricing in electricity markets Fred Espen Benth Work in collaboration and electricity forward relation Spot price modelling HJM approach to forwards Conclusions Overview

Pfeifer, Holger

Note: This page contains sample records for the topic "nems electricity market" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


281

The Effects of the Dysfunctional Spot Market for Electricity in California  

E-Print Network (OSTI)

The Effects of the Dysfunctional Spot Market for Electricity in California on the Cost of Forward), the Consortium for Electric Reliability Technology Solutions (CERTS) program on Reliability and Markets at the U Cruz, California. #12;ABSTRACT The unexpectedly high spot prices for electricity in the summer of 2000

282

Feasibility of Wholesale Electricity Competition in a Developing Country: Insights from Simulating a Market in Maharashtra State, India  

E-Print Network (OSTI)

Large Quantities of Electricity Demand for AgriculturalLarge Size of the Market Electricity demand for agriculturalconstraints, and electricity demand in MH state to simulate

Phadke, Amol

2007-01-01T23:59:59.000Z

283

Inefficiencies and Market Power in Financial Arbitrage: A Study of California's Electricity Markets  

E-Print Network (OSTI)

and C. Stalon (1999). “Second Report on Market Issues in thePower Exchange Energy Markets. ” Prepared for the Federals Proposed Elec- tricity Market. ” Utilities Policy vol. 6,

Borenstein, Severin; Bushnell, James; Knittel, Christopher R.; Wolfram, Catherine

2004-01-01T23:59:59.000Z

284

Inefficiencies and Market Power in Financial Arbitrage: A Study of California's Electricity Markets  

E-Print Network (OSTI)

California Power Exchange Energy Markets. ” Prepared for theCenter for the Study of Energy Markets (CSEM) Working Paperoperated a 168 hour energy market on a rolling horizon.

Borenstein, Severin; Bushnell, James; Knittel, Christopher R.; Wolfram, Catherine

2004-01-01T23:59:59.000Z

285

The effect of falling market concentration on prices, generator behaviour and productive efficiency in the England and Wales electricity market  

E-Print Network (OSTI)

A universal prediction of the various oligopoly models used to predict and explain behaviour in the England and Wales (E&W) electricity wholesale market is that divestiture of plants by the two large incumbent generators ...

Sweeting, Andrew

2001-01-01T23:59:59.000Z

286

Operational and Planning Aspects of Distribution Systems in Deregulated Electricity Markets.  

E-Print Network (OSTI)

??In the current era of deregulated electricity markets, the power distribution systems have attained a very important and crucial role in the industry. A distribution… (more)

Algarni, Ayed

2009-01-01T23:59:59.000Z

287

Analyzing strategic behaviors in electricity markets via transmission-constrained residual demand.  

E-Print Network (OSTI)

??This dissertation studies how to characterize strategic behaviors in electricity markets from a transmission-constrained residual demand perspective. This dissertation generalizes the residual demand concept, widely… (more)

Xu, Lin

2010-01-01T23:59:59.000Z

288

An Evaluation of Demand Response in New York State's Wholesale Electricity Markets .  

E-Print Network (OSTI)

??This thesis identifies the conditions under which and quantifies how much society gains from integrating demand response directly into wholesale electricity markets and the level… (more)

Cappers, Peter Andrew

2004-01-01T23:59:59.000Z

289

Will stranded cost recovery distort Pennsylvania`s electricity market?  

Science Conference Proceedings (OSTI)

It is ironic indeed that the forecasting errors of Keystone State utilities that have led to today`s claims of stranded costs are now to be remediated in new legislation which, unaccountably, utterly fails to take account of the same problem: utility forecasting errors. On December 3, 1996, the Governor of Pennsylvania signed into law the Electricity Generation Customer Choice and Competition Act (66 Pa. C.S. 2801 et seq.). The Act set in motion an ambitious timetable for restructuring Pennsylvania`s electric utility industry to substantially deregulate its generation component. Customer choice of electricity supplier is to be phased in over a two year period beginning January 1, 1999. As indicated by the appearance of the word {open_quotes}competition{close_quotes} in the official title of the Act, the resulting institutional transformation is expected to foster free market competition in the generation and retail sale of electricity. However, there is already dispute among the Act`s commentators and critics, who are legion, as to whether its strategy for achieving this commendable objective will produce significant cost savings to consumers any time soon. One need look no further than the Act`s transition cost recovery provisions to find cause for skepticism. Section 2808 of the Act empowers the Pennsylvania Public Utility Commission to impose, for a period of up to nine years from January 1, 1997 (or longer at the Commission`s discretion), a {open_quotes}competitive transition charge{close_quotes} (CTC) upon {open_quotes}every customer accessing the transmission or distribution network.{close_quotes} The CTC is intended to afford Pennsylvania`s regulated electric utilities the opportunity to recover those of their {open_quotes}transition or stranded costs{close_quotes} (collectively {open_quotes}stranded costs{close_quotes}) approved by the Commission.

Caplan, R.L. [Caplan & Luber, Philadelphia, PA (United States)

1997-10-01T23:59:59.000Z

290

Spot pricing of electricity and ancillary services in a competitive California market  

Science Conference Proceedings (OSTI)

Typically, in competitive electricity markets, the vertically integrated utilities that were responsible for ensuring system reliability in their own service territories, or groups of territories, cease to exist. The burden falls to an independent system operator (ISO) to ensure that enough ancillary services (AS) are available for safe, stable, and reliable operation of the grid, typically defined, in part, as compliance with officially approved engineering specifications for minimum levels of AS. In order to characterize the behavior of market participants (generators, retailers, and an ISO) in a competitive electricity market with reliability requirements, spot markets for both electricity and AS are modeled. By assuming that each participant seeks to maximize its wealth and that all markets clear, we solve for the optimal quantities of electricity and AS traded in the spot market by all participants, as well as the market clearing prices for each.

Siddiqui, A.S.; Marnay, C.; Khavkin, M.

2000-11-01T23:59:59.000Z

291

Commercializing Light-Duty Plug-In/Plug-Out Hydrogen-Fuel-Cell Vehicles: "Mobile Electricity" Technologies, Early California Household Markets, and Innovation Management  

E-Print Network (OSTI)

assessment for fuel cell electric vehicles." Argonne, Ill. :of Plug-In Hybrid Electric Vehicles on Wind Energy Markets,"Recharging and Household Electric Vehicle Market: A Near-

Williams, Brett D

2010-01-01T23:59:59.000Z

292

Demand Response in U.S. Electricity Markets: Empirical Evidence  

E-Print Network (OSTI)

in the ISO-NE’s Day-Ahead energy market. 4 PJM provides itsin the Real-Time energy market, either through direct orahead and real-time energy market with centralized economic

Cappers, Peter

2009-01-01T23:59:59.000Z

293

The Market Value and Cost of Solar Photovoltaic Electricity Production  

E-Print Network (OSTI)

variation in market prices for energy re?ect the productionsent by energy markets. By distorting e?cient energy priceenergy payments in the wholesale market. In particular, I assume that the wholesale price

Borenstein, Severin

2008-01-01T23:59:59.000Z

294

The Natural Number of Forward Markets for Electricity  

E-Print Network (OSTI)

imbalance energy market, the observed prices in this spotprices,” Journal of Futures Markets, 22: 95-122. Energyprices from the CAISO’s real-time imbalance energy (spot) market,

Suenaga, Hiroaki; Williams, Jeffrey

2005-01-01T23:59:59.000Z

295

Demand Response in U.S. Electricity Markets: Empirical Evidence  

E-Print Network (OSTI)

exposure to high energy market prices but were reticentto real-time when energy market prices rose above a certainprices. Finally, organized wholesale markets and policy support by the Federal Energy

Cappers, Peter

2009-01-01T23:59:59.000Z

296

Environmental Energy Technologies Division Electricity Markets and Policy Group Supporting Solar Power in  

E-Print Network (OSTI)

Environmental Energy Technologies Division Electricity Markets and Policy Group Supporting Solar the impact of RPS policies on solar growth 2 #12;Environmental Energy Technologies Division Electricity by: the Office of Energy Efficiency and Renewable Energy (Solar Energy Technologies Program

297

Unbundling generation and transmission services for competitive electricity markets  

SciTech Connect

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 produce the basic electricity commodity. Thus, the production of energy and ancillary services is highly interactive, sometimes complementary and sometimes competing. In contrast to today`s typical time-invariant, embedded-cost prices, competitive prices for ancillary services would vary with system loads and spot prices for energy.

Hirst, E.; Kirby, B.

1998-01-01T23:59:59.000Z

298

Household Markets for Neighborhood Electric Vehicles in California  

E-Print Network (OSTI)

A Statewide ELECTRIC ELECTRIC and VEHICLES: Survey Sandrafor Neighborhood Electric Vehicles. Report prepared for theD. (1994). Future Drive: Electric Vehicles and Sustainable

Kurani, Kenneth S.; Sperling, Daniel; Lipman, Timothy; Stanger, Deborah; Turrentine, Thomas; Stein, Aram

2001-01-01T23:59:59.000Z

299

A brief market study on electric power systems and energy conservation equipment in Thailand. Foreign market survey report (final)  

SciTech Connect

The market research was undertaken to study the present and potential US share of the market in Thailand for electric power systems and energy conservation equipment; to examine growth trends in Thai end-user industries over the next few years; to identify specific product categories that offer the most promising export potential for US companies; and to provide basic data which will assist US suppliers in determining current and potential sales and marketing opportunities. The trade promotional and marketing techniques which are likely to succeed in Thailand were also reviewed.

1982-03-01T23:59:59.000Z

300

An agent-based decision support system for wholesale electricity market  

Science Conference Proceedings (OSTI)

Application software has been developed for analyzing and understanding a dynamic price change in the US wholesale power market. Traders can use the software as an effective decision-making tool by modeling and simulating a power market. The software ... Keywords: Agent-based approach, Decision support software, Electricity market, Machine learning

Toshiyuki Sueyoshi; Gopalakrishna R. Tadiparthi

2008-01-01T23:59:59.000Z

Note: This page contains sample records for the topic "nems electricity market" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


301

Nonlinear time series analysis on the offer behaviors observed in an electricity market  

Science Conference Proceedings (OSTI)

In electricity markets where supply and demand drives the price for the purchase and sale of electricity, generating firms change capacity for various reasons including load level, policy, and varying market conditions. These types of fluctuating production ... Keywords: Chaos, Hurst exponent, Locational marginal price (LMP), Nonlinear dynamics, Offer behavior

HyungSeon Oh; Robert J. Thomas

2010-05-01T23:59:59.000Z

302

Forecasting next-day price of electricity in the Spanish energy market using artificial neural networks  

Science Conference Proceedings (OSTI)

In this paper, next-day hourly forecasts are calculated for the energy price in the electricity production market of Spain. The methodology used to achieve these forecasts is based on artificial neural networks, which have been used successfully in recent ... Keywords: ART network, Backpropagation network, Box-Jenkins, Electricity market, Neural networks, Time series forecasting

Raúl Pino; José Parreno; Alberto Gomez; Paolo Priore

2008-02-01T23:59:59.000Z

303

Valuation and Optimal Operation of Electric Power Plants in Competitive Markets  

Science Conference Proceedings (OSTI)

We present an algorithm for the valuation and optimal operation of hydroelectric and thermal power generators in deregulated electricity markets. Real options theory is used to derive nonlinear partial-integro-differential equations (PIDEs) for the valuation ... Keywords: dynamic programming/optimal control: application, finance/asset pricing: pricing power plants as real options, natural resources/energy: deregulated electricity markets

Matt Thompson; Matt Davison; Henning Rasmussen

2004-08-01T23:59:59.000Z

304

A multi-agent approach for planning activities in decentralized electricity markets  

Science Conference Proceedings (OSTI)

Despite the rigour and ability of game theory to cope with oligopolistic electric markets, it fails to model many existing behaviours in the real-world circumstances. The traditional models such as statistical extrapolation or econometrics are not capable ... Keywords: Electricity market, Intelligent decision support system, Multi-agent technology, Planning, Power systems

E. Gnansounou; S. Pierre; A. Quintero; J. Dong; A. Lahlou

2007-05-01T23:59:59.000Z

305

Multi-agent coordination in the electricity grid, from concept towards market introduction  

Science Conference Proceedings (OSTI)

Over the course of the 20th century, the electrical power systems of industrialized economies have become one of the most complex systems created by mankind. A number of ongoing trends will drastically change the way this critical infrastructure is operated. ... Keywords: electronic markets, intelligent electricity infrastructures, market-based control, multi-agent systems

Koen Kok

2010-05-01T23:59:59.000Z

306

CSEM WP 138 Inefficiencies and Market Power in Financial Arbitrage: A Study of California’s Electricity Markets  

E-Print Network (OSTI)

www.ucei.org the three years following the restructuring of the California electricity industry, In to 2000, power trading occurred in both a day-ahead market and a real-time 1998 Despite the fact that the power traded in these two major markets was for market. at the same times and locations, prices differed significantly in many months. delivery consider several explanations for persistent price differences between the markets. We conclude that uncertainty about regulatory penalties for trading in the real-time We caused most firms to eschew arbitrage between the two markets. The few market that did carry out this (risky) arbitrage did not find it profit-maximizing to

Severin Borenstein; James Bushnell; Christopher R. Knittel; Catherine Wolfram

2004-01-01T23:59:59.000Z

307

Inefficiencies and Market Power in Financial Arbitrage: A Study of California’s Electricity Markets  

E-Print Network (OSTI)

Center for the Study of Energy Markets Working Paper #138,California Power Exchange Energy Markets. ” Prepared for theISO ran an “imbalance” energy market to handle these real-

Borenstein, Severin; Bushnell, James; Wolfram, Catherine D

2006-01-01T23:59:59.000Z

308

Market Structure and Competition: A Cross-Market Analysis of U.S. Electricity Deregulation  

E-Print Network (OSTI)

energy into the restructured markets behave as price takersEnergy Clearing Price (ECP) for the New England market priceISO at below market prices. nuclear energy sources. Unlike

Bushnell, James; Mansur, Erin T.; Saravia, Celeste

2004-01-01T23:59:59.000Z

309

Inefficiencies and Market Power in Financial Arbitrage: A Study of California’s Electricity Markets  

E-Print Network (OSTI)

s imbalance energy market set a uniform price based upon theimbalance energy market was subject to a price cap that wasimbalance energy market if the PX day-ahead price was too

Borenstein, Severin; Bushnell, James; Wolfram, Catherine D

2006-01-01T23:59:59.000Z

310

Inefficiencies and Market Power in Financial Arbitrage: A Study of California's Electricity Markets  

E-Print Network (OSTI)

the imbalance energy market set a uniform price based uponimbalance energy market was subject to a price cap that wasimbalance energy market if the PX day-ahead price was too

Borenstein, Severin; Bushnell, James; Knittel, Christopher R.; Wolfram, Catherine

2004-01-01T23:59:59.000Z

311

Load as a reliability resource in restructured electricity markets  

Science Conference Proceedings (OSTI)

Recent electricity price spikes demonstrate the value that demand-side responses could bring to a restructured US electricity system. This report considers how even a modest increase in demand elasticity could dramatically reduce these extremes in price volatility. The report provides a three-part assessment addressing the ability of customer's load to participate in competitive markets and the current and potential future role of customer loads as system reliability resources. The study begins by evaluating the extent to which customer loads might be able to provide electricity reliability or ancillary services and reviewing aspects of a large utility's direct load control program. The second phase of the assessment contains a survey of ways in which load has been used as a system reliability resource focusing on programs triggered by system conditions and a real-time price signal. It reviews the experience of: (1) the California ISO's Demand Relief and Participating Load programs; (2) Interruptible load programs in California; (3) the New England ISO's Load Management program; and (4) a ''mature'' program in New Zealand. The third phase of the assessment examines the status of the underlying metering, communication, and control technologies used to effect customer responses. The final section of the report provides a vision of how the future might look and uses it to outline a program of needed R&D to increase the role of customer loads as system reliability resources. Key elements of this research program include: addressing the needs of system operators, making effective use of load management assets, making use of new program design concepts, the design of end-use technologies, and benefiting from program experiences.

Kueck, J.D.; Kirby, B.J.; Eto, J.; Staunton, R.H.; Marnay, C.; Martinez, A.; Goldman, C.

2001-06-01T23:59:59.000Z

312

EPRI/GRI Load Shape Workshop: Load Data Analysis for Gas and Electric Markets  

Science Conference Proceedings (OSTI)

Load shapes, representing usage patterns in the electric and gas industry, are a key factor in energy company operations and management. In the emerging restructured energy market, retail energy suppliers market energy to final customers and must arrange for electricity generation or gas delivery to meet their customers' needs. EPRI and GRI sponsored a two-day workshop in June, 1999 that addressed a range of issues associated with load shapes, including modeling, profiling for retail market settlement, r...

1999-11-10T23:59:59.000Z

313

The Market Price of Risk: Implications for Electricity Price Forecasting, Asset Valuation and Portfolio Risk Management  

Science Conference Proceedings (OSTI)

Forward Price Forecasting for Power Market Valuation (TR-111860, 1998) presented the basic theory on the market price of risk. However, continued development of the power market has led to additional complexities when applying the concept to electric power. This current report updates that earlier report based on subsequent development of the theory by EPRI and others and reflects two additional years of market data.

2000-12-07T23:59:59.000Z

314

Price forecasting and optimal operation of wholesale customers in a competitive electricity market  

E-Print Network (OSTI)

c ? Hamidreza Zareipour 2006I hereby declare that I am the sole author of this thesis. This is a true copy of the thesis, including any required final revisions, as accepted by my examiners. I understand that my thesis may be made electronically available to the public. This thesis addresses two main issues: first, forecasting short-term electricity market prices; and second, the application of short-term electricity market price forecasts to operation planning of demand-side Bulk Electricity Market Customers (BEMCs). The Ontario electricity market is selected as the primary case market and its structure is studied in detail. A set of explanatory variable candidates is then selected accordingly, which may explain price behavior in this market. In the process of selecting the explanatory variable candidates, some important issues, such as direct or indirect effects of the variables on price behavior, availability of the variables before real-time, choice of appropriate forecasting horizon and market time-line, are taken into account. Price and demand in three neighboring electricity markets, namely, the New York, New England, and PJM electricity markets, are also considered among the explanatory variable candidates.

Hamidreza Zareipour

2006-01-01T23:59:59.000Z

315

The Market Value and Cost of Solar Photovoltaic Electricity Production  

E-Print Network (OSTI)

Renew- ables”, The Electricity Journal, Volume 14 (2001),from Real-Time Retail Electricity Pricing: Bill VolatilityReal- Time Retail Electricity Pricing,” Energy Journal,28(

Borenstein, Severin

2008-01-01T23:59:59.000Z

316

Price-elastic demand in deregulated electricity markets  

E-Print Network (OSTI)

is unable to reduce electricity prices. The unstorability ofhourly variability in electricity prices while maintainingboth forward and spot electricity prices a ect demand. Our

Siddiqui, Afzal S.

2003-01-01T23:59:59.000Z

317

The Natural Number of Forward Markets for Electricity  

E-Print Network (OSTI)

of restructured electricity prices,” Energy Economics,E.S. (2002). “Electricity prices and power derivatives:P. (2002). “Modeling electricity prices: International

Suenaga, Hiroaki; Williams, Jeffrey

2005-01-01T23:59:59.000Z

318

The Market Value and Cost of Solar Photovoltaic Electricity Production  

E-Print Network (OSTI)

Borenstein, Severin. “Electricity Rate Structures and thePrice of Electricity Annual Real Interest Rate DiscountedReal Price of Electricity Annual Real Interest Rate Table 4:

Borenstein, Severin

2008-01-01T23:59:59.000Z

319

Household Markets for Neighborhood Electric Vehicles in California  

E-Print Network (OSTI)

for Neighborhood Electric Vehicles. Report prepared for theD. (1994). Future Drive: Electric Vehicles and Sustainablefor Neighborhood Electric Vehicles. Report prepared for the

Kurani, Kenneth S; Sperling, Daniel; Lipman, Timothy; Stanger, Deborah; Turrentine, Thomas; Stein, Aram

1995-01-01T23:59:59.000Z

320

Price-elastic demand in deregulated electricity markets  

E-Print Network (OSTI)

by the amount of electricity demand that is settled forward.unresponsive demand side, electricity demand has to be metxed percentage of overall electricity demand. The ISO, thus,

Siddiqui, Afzal S.

2003-01-01T23:59:59.000Z

Note: This page contains sample records for the topic "nems electricity market" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


321

Lessons from International Experience with Electricity Market Monitoring  

E-Print Network (OSTI)

of experience with the electricity industry re-structuringof experience with the electricity industry re-structuringexperience with electricity industry re- structuring over

Wolak, Frank

2004-01-01T23:59:59.000Z

322

Investigation of residential central air conditioning load shapes in NEMS  

E-Print Network (OSTI)

of Residential Central Air Conditioning Load Shapes in NEMSof Residential Central Air Conditioning Load Shapes in NEMSof Residential Central Air Conditioning Load Shapes in NEMS

Hamachi LaCommare, Kristina; Marnay, Chris; Gumerman, Etan; Chan, Peter; Rosenquist, Greg; Osborn, Julie

2002-01-01T23:59:59.000Z

323

Measurement of Initial Market Acceptance of Plug-in Electric Vehicles  

Science Conference Proceedings (OSTI)

EPRI has been tracking the evolution of the plug-in electric vehicle (PEV) market, using historic hybrid electric vehicle (HEV) sales for comparison and to provide a context for understanding how a completely novel automotive technology beginning with a limited number of vehicles with small sales can steadily grow to market success. This Technical Update provides background on why EPRI considers hybrid sales a useful context for plug-in electric vehicle sales. It introduces a methodology for ...

2013-12-18T23:59:59.000Z

324

Mid-Atlantic electricity market reacts to Tuesday's earthquake ...  

U.S. Energy Information Administration (EIA)

Financial market analysis and financial data for major energy companies. Environment. Greenhouse gas data, voluntary report- ing, ... after the event. ...

325

Customer reponse to day-ahead wholesale market electricity prices: Case study of RTP program experience in New York  

E-Print Network (OSTI)

March. Neenan, B. (1992) “Electricity A La Carte” ElectricPrice Responsive? ” The Electricity Journal 15(3): 52-59.ahead Wholesale Market Electricity Prices: Case Study of RTP

2004-01-01T23:59:59.000Z

326

Demand Response in U.S. Electricity Markets: Empirical Evidence  

NLE Websites -- All DOE Office Websites (Extended Search)

Buildings Simulation Tools Sustainable Federal Operations Windows and Daylighting Electricity Grid Demand Response Distributed Energy Electricity Reliability Energy Analysis...

327

Customer Response to Day-ahead Wholesale Market Electricity Prices...  

NLE Websites -- All DOE Office Websites (Extended Search)

Buildings Simulation Tools Sustainable Federal Operations Windows and Daylighting Electricity Grid Demand Response Distributed Energy Electricity Reliability Energy Analysis...

328

Record of Categorical Exclusion (CX) Determination: Office of Electricity Delivery and Energy Reliability (OE): EA-384 NRG Power Marketing LLC  

Energy.gov (U.S. Department of Energy (DOE))

Record of Categorical Exclusion (CX) Determination, Office of Electricity Delivery and Energy Reliability (OE): Application from NRG Power Marketing LLC to export electric energy to Mexico.

329

Microsoft Word - NEMS CO2 MARKET MODEL FINAL REPORT - APPENDICES...  

NLE Websites -- All DOE Office Websites (Extended Search)

CO2CCCST(MNUMNR,MJUMPYR) 87metric ton CO2 co2mminc Regional CO2 capture and compression costs EORRESMAX(MNUMNR) Million bbls oil co2mminc Regional Gross EOR reserve limit based...

330

Market Structure and Competition: A Cross-Market Analysis of U.S. Electricity Deregulation  

E-Print Network (OSTI)

Policy in the U.S. Electricity Industry. ”Electricitythings in the U.S. electricity industry. In fact, only somecompetition in the electricity industry have employed the

Bushnell, James; Mansur, Erin T.; Saravia, Celeste

2004-01-01T23:59:59.000Z

331

Inefficiencies and Market Power in Financial Arbitrage: A Study of California's Electricity Markets  

E-Print Network (OSTI)

of Electric and Natural Gas Prices. ” Federal Energyof Electric and Natural Gas Prices. ” Federal Energytion of Electric and Natural Gas Prices. ” Federal Energy

Borenstein, Severin; Bushnell, James; Knittel, Christopher R.; Wolfram, Catherine

2004-01-01T23:59:59.000Z

332

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

E-Print Network (OSTI)

A uniform price auction with locational price adjustments for competitive electricity markets in an electricity context requires that the offers used in the auction reflect the appropriate locational price necessary to adapt the Uniform Price auction to an electricity transmission system which takes into account

333

Lurching towards markets for power: China's electricity policy 19852007 Xiaoli Zhao a,c,  

E-Print Network (OSTI)

network. China's coal mines are concentrated in West re- gions, while electric power load center improvement, and electricity demand forecasting. Econ Res J 2003;5:57­65 [in Chinese]. [14] Thomson ElspethLurching towards markets for power: China's electricity policy 1985­2007 Xiaoli Zhao a,c, , Thomas

Lyon, Thomas P.

334

IEEE TRANSACTIONS ON POWER SYSTEMS 1 Economic Impact of Electricity Market Price  

E-Print Network (OSTI)

of circumstances. In the electric power industry, studying the costs of load forecasting errors has been a topic forecast in electric load forecasting models is discussed in [21]. The findings of [19]­[21] are consistentIEEE TRANSACTIONS ON POWER SYSTEMS 1 Economic Impact of Electricity Market Price Forecasting Errors

Cañizares, Claudio A.

335

ANN-based Short-Term Load Forecasting in Electricity Markets  

E-Print Network (OSTI)

ANN-based Short-Term Load Forecasting in Electricity Markets Hong Chen Claudio A. Ca~nizares Ajit forecasting technique that considers electricity price as one of the main characteristics of the system load. B. Makram, "A Hybrid Wavelet- Kalman Filter Method for Load Forecasting," Electric Power Systems

Cañizares, Claudio A.

336

Lurching towards Markets for Power: China's Electricity Policy 1985-2007  

E-Print Network (OSTI)

1 Lurching towards Markets for Power: China's Electricity Policy 1985-2007 Xiaoli Zhaoiiii, * , Thomas P. Lyonii , Cui Song iiii Abstract China's electricity industry has experienced two major stages on the efficiency of these reforms, emphasizing changes in the areas of electricity prices and investment incentives

Lyon, Thomas P.

337

Utility/Industry Partnerships Involving Distributed Generation Technologies in Evolving Electricity Markets  

E-Print Network (OSTI)

Electricity markets in the United States are undergoing unprecedented structural changes as a result of the confluence of regulatory, competitive, and technological forces. This paper will introduce the role of distributed generation technologies in evolving electric markets and will review both current and emerging distributed generation technologies aimed at retail industrial, commercial and residential markets. This paper will draw upon several Electric Power Research Institute’s (EPRI) and member utility case studies involving the assessment of distributed generation in premium power service, standby power and industrial cogeneration applications. In addition, EPRI products and services which can help evaluate energy service options involving distributed generation will also be briefly reviewed.

Rastler, D. M.

1997-04-01T23:59:59.000Z

338

Inefficiencies and Market Power in Financial Arbitrage: A Study of California’s Electricity Markets  

E-Print Network (OSTI)

not change the ISO real-time price because the ultimatebelow prices for the same product in the real-time market ofreal-time imbalance energy market if the PX day-ahead price

Borenstein, Severin; Bushnell, James; Wolfram, Catherine D

2006-01-01T23:59:59.000Z

339

Hybrid & electric vehicle technology and its market feasibility  

E-Print Network (OSTI)

In this thesis, Hybrid Electric Vehicles (HEV), Plug-In Hybrid Electric Vehicle (PHEV) and Electric Vehicle (EV) technology and their sales forecasts are discussed. First, the current limitations and the future potential ...

Jeon, Sang Yeob

2010-01-01T23:59:59.000Z

340

Managing electricity reliability risk through the futures markets  

E-Print Network (OSTI)

negatively with the electricity spot price. Consequently,is incurred only for actual electricity generation, i.e. ,to produce electricity sold as energy, and to operate any AS

Siddiqui, Afzal S.

2000-01-01T23:59:59.000Z

Note: This page contains sample records for the topic "nems electricity market" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


341

An Equilibrium Model of Investment in Restructured Electricity Markets  

E-Print Network (OSTI)

data in the electricity industry. This is in part due to thecompetition in the electricity industry have employed theplaying a role in the electricity industry, as well as many

Bushnell, Jim B; Ishii, Jun

2007-01-01T23:59:59.000Z

342

A Two Stage Stochastic Equilibrium Model for Electricity Markets ...  

E-Print Network (OSTI)

Moreover, Green and Newbery [12] appropriately look .... Green [11] and Newbery [17] ..... defines the same obligation of energy dispatching in the spot market.

343

Price and volatility relationships in the Australian electricity market.  

E-Print Network (OSTI)

??This thesis presents a collection of papers that has been published, accepted or submitted for publication. They assess price, volatility and market relationships in the… (more)

Higgs, Helen

2006-01-01T23:59:59.000Z

344

Demand Response in U.S. Electricity Markets: Empirical Evidence  

E-Print Network (OSTI)

vs. CSP.. 24market DR program by a CSP), (3) metering and telemetryof the interval data to CSP and ISO. As new entrants, CSPs

Cappers, Peter

2009-01-01T23:59:59.000Z

345

The Market Value and Cost of Solar Photovoltaic Electricity Production  

E-Print Network (OSTI)

Adjusting for Time-Varying Production SACRAMENTO flat-rateSolar Photovoltaic Electricity Production Severin BorensteinPhotovoltaic Electricity Production Severin Borenstein 1

Borenstein, Severin

2008-01-01T23:59:59.000Z

346

The Natural Number of Forward Markets for Electricity  

E-Print Network (OSTI)

between electricity and natural-gas futures prices,” Journaldelivery month). That is, natural gas for April, 1998 wasin the Petroleum, Natural Gas, and Electricity Industries.

Suenaga, Hiroaki; Williams, Jeffrey

2005-01-01T23:59:59.000Z

347

The Natural Number of Forward Markets for Electricity  

E-Print Network (OSTI)

retailing firms trade wholesale electricity hour by hour fortrade through the exchange to avoid transaction costs. Inactive trading in the NYMEX electricity

Suenaga, Hiroaki; Williams, Jeffrey

2005-01-01T23:59:59.000Z

348

The Market Value and Cost of Solar Photovoltaic Electricity Production  

E-Print Network (OSTI)

during electricity transmission and distribution increasesand distribution infrastructure if less electricity needselectricity, and also ignores the potential savings in transmission and distribution

Borenstein, Severin

2008-01-01T23:59:59.000Z

349

Coal regains some electric generation market share from natural ...  

U.S. Energy Information Administration (EIA)

... a combination of higher prices for natural gas and increased demand for electricity during the summer months led electric systems across much of the country to ...

350

Household Markets for Neighborhood Electric Vehicles in California  

E-Print Network (OSTI)

of electric and compressed natural gas vehicles; and Twogasoline, compressed natural gas, hybrid electric, and threethe batteries. f-v Compressed natural gas vehicle Natural g

Kurani, Kenneth S; Sperling, Daniel; Lipman, Timothy; Stanger, Deborah; Turrentine, Thomas; Stein, Aram

1995-01-01T23:59:59.000Z

351

Reduction of Market Power and Stabilisation of Outcomes in a Novel and Simplified Two-Settlement Electricity Market  

Science Conference Proceedings (OSTI)

Modern electricity markets conduct a two-settlement procedure. Ahead of time, they allocate definite supply as well as reserves. Close to the time of consumption, they balance supply and demand. Bidding in these two auctions poses a challenge for automated ... Keywords: Power System Economics, Electronic Commerce, Smart Grids

Nicolas Honing; Han La Poutre

2012-12-01T23:59:59.000Z

352

Social Welfare implications of demand response programs in competitive electricity markets  

SciTech Connect

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.

Boisvert, Richard N.; Neenan, Bernard F.

2003-08-01T23:59:59.000Z

353

Computing Cournot Equilibria in Two Settlement Electricity Markets with Transmission Constraints  

Science Conference Proceedings (OSTI)

We formulate a two-settlement equilibrium in competitive electricity markets as a subgame-perfect Nash equilibrium in which each generation .rm solves a Mathematical Program with Equilibrium Constraints (MPEC), given other firms' forward and spot strategies. ...

2004-01-01T23:59:59.000Z

354

The wholesale market for electricity in England and Wales : recent developments and future reforms  

E-Print Network (OSTI)

The England and Wales wholesale electricity market is about to undergo major reform (NETA). I describe and analyse the proposed arrangements, contrasting them with those currently in operation. I argue that while NETA will ...

Sweeting, Andrew

2000-01-01T23:59:59.000Z

355

Modelling the Effects of Nuclear Fuel Reservoir Operation in a Competitive Electricity Market  

E-Print Network (OSTI)

In many countries, the electricity systems are quitting the vertically integrated monopoly organization for an operation framed by competitive markets. In such a competitive regime one can ask what the optimal management ...

Lykidi, Maria

356

Cap-and-Trade Modeling and Analysis: Congested Electricity Market Equilibrium.  

E-Print Network (OSTI)

??This dissertation presents an equilibrium framework for analyzing the impact of cap-and-trade regulation on transmission-constrained electricity market. The cap-and-trade regulation of greenhouse gas emissions has… (more)

Limpaitoon, Tanachai

2012-01-01T23:59:59.000Z

357

St[r]ategic offers in an oligopolistic electricity market under pay-as-bid pricing.  

E-Print Network (OSTI)

??Marginal pricing is the traditional pricing method in pool based electricity markets, however pay-as-bid is an alternative that has been the focus of recent studies.… (more)

Ganjbakhsh, Omid.

2008-01-01T23:59:59.000Z

358

Cap-and-Trade Modeling and Analysis: Congested Electricity Market Equilibrium  

E-Print Network (OSTI)

can be applied: agent-based models and equilibrium models.its contributions. Agent-based Models. Agent-based modelingof agent-based wholesale electricity market models. Energy

Limpaitoon, Tanachai

2012-01-01T23:59:59.000Z

359

The use - and misuse - of statistics in evaluating the benefits of restructured electricity markets  

SciTech Connect

Statistics have an important role to play in assessing market performance. Too often, though, numbers are used more to make a splash than to enlighten, and upon closer scrutiny, the underlying analyses lack credibility. It is time to move away from a battle of sound bites and toward serious evaluation of how well restructured wholesale electricity markets are working. (author)

Moody, Diane

2007-03-15T23:59:59.000Z

360

FIRST PRICE AND SECOND PRICE AUCTION MODELLING FOR ENERGY CONTRACTS IN LATIN AMERICAN ELECTRICITY MARKETS  

E-Print Network (OSTI)

demand growth. Current electricity market designs are being reviewed to avoid supply difficulties concept, named "capacity tag" for each plant is being proposed and in the FERC/EU direc- tives in the US INTERRUPTED MARKETS OPERATING COUNTRIES WITH POWER ADJUSTMENTS INTHE REFORM PROCESS INTERESTED INTHE NEW

Rudnick, Hugh

Note: This page contains sample records for the topic "nems electricity market" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


361

On Coordinating Electricity Markets: Smart Power Scheduling for Demand Side Management and Economic Dispatch  

E-Print Network (OSTI)

-way system of communicating real-time prices and hourly de- mand between electricity producers and households a mechanism to approximate equilibrium prices and quantities for use as a real-time pricing scheme. Our goal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32 3 Market Equilibrium 36 3.1 Retail Market Energy Consumption Game

Chen, Yiling

362

Pumped-Storage Hydro-Turbine Bidding Strategies in a Competitive Electricity Market  

Science Conference Proceedings (OSTI)

This paper develops optimal pumped-storage unit bidding strategies in a competitive electricity market. Starting from a weekly forecasted market clearing price curve, an algorithm to maximize the profit of a pumped-storage unit considering reserve bids is developed. A comparison between the optimal bidding strategy and a fixed-schedule weekly generating and pumping strategy is provided.

Lu, Ning; Chow, Joe H.; Desrochers, Alan A.

2004-05-31T23:59:59.000Z

363

Structural Features that Contribute to Market Power in Electric Power Networks: Some Preliminary Results  

Science Conference Proceedings (OSTI)

In this paper we report an experiment that examines a primary concern of policy makers: how a structural feature of electric power networks can contribute to the exercise of market power by well-positioned players in deregulated markets. One such feature ...

Stephen J. Rassenti; Vernon L. Smith; Bart J. Wilson

2000-01-01T23:59:59.000Z

364

Optimal operational strategies for a day-ahead electricity market in the presence of market power using multi-objective evolutionary algorithm.  

E-Print Network (OSTI)

??This dissertation introduces a novel approach for optimally operating a day-ahead electricity market not only by economically dispatching the generation resources but also by minimizing… (more)

Rodrigo, Deepal

2007-01-01T23:59:59.000Z

365

Integrated Modeling of Electric Power System Operations and Electricity Market Risks with Applications .  

E-Print Network (OSTI)

??Through integrated modeling of power system operations and market risks, this thesis addresses a variety of important issues on market signals modeling, generation capacity scheduling,… (more)

Sun, Haibin

2006-01-01T23:59:59.000Z

366

Learning from Consumers: Plug-In Hybrid Electric Vehicle (PHEV) Demonstration and Consumer Education, Outreach, and Market Research Program  

E-Print Network (OSTI)

Vehicles: What Hybrid Electric Vehicles (HEVs) Mean and Whys early market for hybrid electric vehicles. TransportationDriving Plug-In Hybrid Electric Vehicles: Reports from U.S.

Kurani, Kenneth S; Axsen, Jonn; Caperello, Nicolette; Davies, Jamie; Stillwater, Tai

2009-01-01T23:59:59.000Z

367

Demand responsive programs - an emerging resource for competitive electricity markets?  

E-Print Network (OSTI)

References Bressler, Stu (PJM Interconnection, L.L.C. ).01, Effective Date: 06/01/00. PJM Interconnection, L.L.C. ,Market Monitoring Unit 2000. PJM Interconnection State of

Heffner, Dr. Grayson C.; Goldman, Charles A.

2001-01-01T23:59:59.000Z

368

Demand Response in U.S. Electricity Markets: Empirical Evidence  

E-Print Network (OSTI)

Demand (RT- Demand), Real-Time Price (RT-Price) and Day-to reduce load in real-time when a specific price point iscloser to real-time when energy market prices rose above a

Cappers, Peter

2009-01-01T23:59:59.000Z

369

POSITION OF LARGE POWER PRODUCERS IN ELECTRICITY MARKETS OF NORTH WESTERN EUROPE Report for the Dutch Energy Council on the Electricity Markets  

E-Print Network (OSTI)

This report is prepared for the Dutch Energy Council (Algemene Energieraad) to provide input for a discussion among experts and members of the Energy Council on European electricity markets. The final version of this report includes some suggestions from this discussion that took place on December 16, 2002.

M. J. J. Scheepers; A. F. Wals

2003-01-01T23:59:59.000Z

370

Equilibrium Analysis of Forward Markets for Electricity and Reserves  

NLE Websites -- All DOE Office Websites (Extended Search)

its impact, we allow end-users in our model to perceive real-time variations in the electricity spot price. This price responsiveness both decreases the electricity spot...

371

Benefits of Demand Response in Electricity Markets and Recommendations...  

Energy.gov (U.S. Department of Energy (DOE)) Indexed Site

rates that are based on average electricity costs and bear little relation to the true production costs of electricity as they vary over time. Demand response is a tariff or...

372

A Comparison of Electricity Market Designs in Networks  

E-Print Network (OSTI)

according to a well defined protocol. Such a design, as implemented for example in New England and PJM (Pennsylvania, New Jersey Mary- land and neighbouring states), ensures that different locational markets are automatically arbitraged and the network... includes marginal loss calculations. Furthermore, they have like PJM a multi-settlement system with integrated day-ahead and balancing market. The possibility to implement these additional features in a consistent way can be seen as an additional benefit...

Ehrenmann, A; Neuhoff, Karsten

2004-06-16T23:59:59.000Z

373

Technology as a Strategic Lever in Competitive Electricity Markets  

Science Conference Proceedings (OSTI)

Technology exerts a profound influence on energy markets today, both in terms of boundaries and in terms of competitive forces. Companies that possess carefully crafted technology strategies, and successfully align those strategies with their business strategies, create value for themselves and their customers. This report describes why attention to technology strategy is so important in the emerging competitive market, and discusses critical principles for identifying, evaluating, and implementing techn...

1998-12-22T23:59:59.000Z

374

Allocating Transmission to Mitigate Market Power in Electricity Networks  

E-Print Network (OSTI)

in Europe and the United States. In many cases the interconnection capacity between regions or countries was developed to provide security rather than to facilitate energy trade. In liberalised markets where consumers are free to buy from out... sale volume, consisting of contract sales, and contracts plus energy volume in the spot 12 market, is increased and outweighs the effect of lower prices. Prices are reduced because gener- ators have less incentive to withhold output and therefore total...

Neuhoff, Karsten; Newbery, David; Gilbert, Richard

2004-06-16T23:59:59.000Z

375

Texas electricity market faces summer challenges - Today in ...  

U.S. Energy Information Administration (EIA)

Biofuels: Ethanol & Biodiesel ... Notes: Target reserve margins are set by the working groups of the North American Electricity Reliability Corporation.

376

Household Markets for Neighborhood Electric Vehicles in California  

E-Print Network (OSTI)

electric vehicles designed for local, neighborhood travel How we are funded — Calstart: a consortium of private industry,

Kurani, Kenneth S; Sperling, Daniel; Lipman, Timothy; Stanger, Deborah; Turrentine, Thomas; Stein, Aram

1995-01-01T23:59:59.000Z

377

ISSN 1745-9648 The Impact of Electricity Market Reform  

E-Print Network (OSTI)

oligopolist offered a single two-part electricity tariff, and a lump sum discount to consumers who purchased both electricity and gas. However, inconsistent with those theories, firms' two-part tariffs tariff and that the discounts offered to consumers who chose to purchase both electricity and gas were

Feigon, Brooke

378

Competitive Electricity Markets and System Reliability: The Case for New England's Proposed Locational Capacity Market  

SciTech Connect

Clear evidence exists that the existing wholesale markets in New England are failing to provide sufficient incentives to invest. The ISO-NE LICAP proposal is designed to ensure that New England markets attract sufficient generation resources to protect reliability while being mindful of the added cost burden that it will produce.

Farr, John G.; Felder, Frank A.

2005-10-01T23:59:59.000Z

379

Interdependencies of Electricity Markets with Gas Markets A Case Study of Transmission System Operators  

E-Print Network (OSTI)

amount of LNG imported will depend crucially on the development of the natural gas reserves in the region distribution companies, transmission companies, liquefied natural gas importers, and associate member companies and the Natural Gas markets and the conditions and influences on both markets. Load-growth influences the need

Rudnick, Hugh

380

Entropy of the Nordic electricity market: anomalous scaling, spikes, and mean-reversion  

E-Print Network (OSTI)

The electricity market is a very peculiar market due to the large variety of phenomena that can affect the spot price. However, this market still shows many typical features of other speculative (commodity) markets like, for instance, data clustering and mean reversion. We apply the diffusion entropy analysis (DEA) to the Nordic spot electricity market (Nord Pool). We study the waiting time statistics between consecutive spot price spikes and find it to show anomalous scaling characterized by a decaying power-law. The exponent observed in data follows a quite robust relationship with the one implied by the DEA analysis. We also in terms of the DEA revisit topics like clustering, mean-reversion and periodicities. We finally propose a GARCH inspired model but for the price itself. Models in the context of stochastic volatility processes appear under this scope to have a feasible description.

Perello, J; Montero, M; Palatella, L; Simonsen, I; Masoliver, Jaume; Montero, Miquel; Palatella, Luigi; Perello, Josep; Simonsen, Ingve

2006-01-01T23:59:59.000Z

Note: This page contains sample records for the topic "nems electricity market" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


381

Vertical Integration in Restructured Electricity Markets: Measuring Market Efficiency and Firm Conduct  

E-Print Network (OSTI)

hydroelectric production using hourly bid data and monthly production data. Hydro- electric generators

Mansur, Erin T.

2003-01-01T23:59:59.000Z

382

Price strategies in dynamic duopolistic markets with deregulated electricity supplies using mixed strategies  

Science Conference Proceedings (OSTI)

While effective competition can force service providers to seek economically efficient methods to reduce costs, the deregulated electricity supply industry still allows some generators to exercise market power at particular locations, thereby preventing ... Keywords: deregulated electricity supplies, mixed strategies, price strategies

Jose B. Cruz, Jr.; Xiaohuan Tan

2005-10-01T23:59:59.000Z

383

Using coalitions of wind generators and electric vehicles for effective energy market participation  

Science Conference Proceedings (OSTI)

Wind power is becoming a significant source of electricity in many countries. However, the inherent uncertainty of wind generators does not allow them to participate in the forward electricity markets. In this paper, we foster a tighter integration of ... Keywords: coalition formation, energy and emissions, organisations

Matteo Vasirani; Sascha Ossowski; Ramachandra Kota; Renato L. G. Cavalcante; Nicholas R. Jennings

2011-05-01T23:59:59.000Z

384

Market power and welfare effects in DC power flow electricity models with thermal line losses  

Science Conference Proceedings (OSTI)

A nodal electric power network with Cournot-Nash interaction among power generators is formulated as a mixed complementarity problem. The model incorporates a direct current (DC) power flow approximation with thermal line losses to model real-time flows. ... Keywords: Electricity markets, Imperfect competition, Thermal line losses, Welfare measurement

Rastislav Ivanic; Paul V. Preckel; Zuwei Yu

2005-10-01T23:59:59.000Z

385

A Single-Settlement, Energy-Only Electric Power Market for Unpredictable and Intermittent Participants  

Science Conference Proceedings (OSTI)

We discuss a stochastic-programming-based method for scheduling electric power generation subject to uncertainty. Such uncertainty may arise from either imperfect forecasting or moment-to-moment fluctuations, and on either the supply or the demand side. ... Keywords: electricity market, locational pricing, regulation, stochastic programming, wind power

Geoffrey Pritchard; Golbon Zakeri; Andrew Philpott

2010-07-01T23:59:59.000Z

386

Price strategies in dynamic duopolistic markets with deregulated electricity supplies using mixed strategies  

Science Conference Proceedings (OSTI)

While effective competition can force service providers to seek economically efficient methods to reduce costs, the deregulated electricity supply industry still allows some generators to exercise market power at particular locations, thereby preventing ... Keywords: Deregulated electricity supplies, Mixed strategies, Price strategies

Jose B. Cruz, Jr.; Xiaohuan Tan

2005-10-01T23:59:59.000Z

387

Long-Run Equilibrium Modeling of Emissions Allowance Allocation Systems in Electric Power Markets  

Science Conference Proceedings (OSTI)

Carbon dioxide allowance trading systems for electricity generators are in place in the European Union and in several U.S. states. An important question in the design of such systems is how allowances are to be initially allocated: by auction, by giving ... Keywords: Equilibrium programming, economics, electricity and emissions markets, model properties and applications

Jinye Zhao; Benjamin F. Hobbs; Jong-Shi Pang

2010-05-01T23:59:59.000Z

388

An Integrated Electric Power Supply Chain and Fuel Market Network Framework: Theoretical Modeling with Empirical Analysis for New England  

E-Print Network (OSTI)

the prices of fuels at energy markets and the transportation/distribution costs in making their economic the fuel price at each energy fuel market am. Since this paper focuses on the electric power supply chain markets that captures both the economic network transactions in energy supply markets and the physical

Nagurney, Anna

390

Industrial Demand Module 1999, National Energy Modeling System (NEMS)  

Reports and Publications (EIA)

This report documents the objectives, analytical approach, and development of the National Energy Modeling System (NEMS) Industrial Demand Model. The report catalogues and describes model assumptions, computational methodology, parameter estimation techniques, and model source code.

T. Crawford Honeycutt

1999-01-01T23:59:59.000Z

391

Industrial Demand Module 2005, National Energy Modeling System (NEMS)  

Reports and Publications (EIA)

Documents the objectives, analytical approach, and development of the National Energy Modeling System (NEMS) Industrial Demand Model. The report catalogues and describes model assumptions, computational methodology, parameter estimation techniques, and model source code.

T. C. Honeycutt

2005-05-01T23:59:59.000Z

392

Industrial Demand Module 2006, National Energy Modeling System (NEMS)  

Reports and Publications (EIA)

Documents the objectives, analytical approach, and development of the National Energy Modeling System (NEMS) Industrial Demand Model. The report catalogues and describes model assumptions, computational methodology, parameter estimation techniques, and model source code.

T. C. Honeycutt

2006-07-01T23:59:59.000Z

393

Industrial Demand Module 2009, National Energy Modeling System (NEMS)  

Reports and Publications (EIA)

Documents the objectives, analytical approach, and development of the National Energy Modeling System (NEMS) Industrial Demand Model. The report catalogues and describes model assumptions, computational methodology, parameter estimation techniques, and model source code.

T. C. Honeycutt

2009-05-20T23:59:59.000Z

394

Industrial Demand Module 2003, National Energy Modeling System (NEMS)  

Reports and Publications (EIA)

This report documents the objectives, analytical approach, and development of the National Energy Modeling System (NEMS) Industrial Demand Model. The report catalogues and describes model assumptions, computational methodology, parameter estimation techniques, and model source code.

T. Crawford Honeycutt

2003-12-01T23:59:59.000Z

395

Industrial Demand Module 2007, National Energy Modeling System (NEMS)  

Reports and Publications (EIA)

Documents the objectives, analytical approach, and development of the National Energy Modeling System (NEMS) Industrial Demand Model. The report catalogues and describes model assumptions, computational methodology, parameter estimation techniques, and model source code.

T. C. Honeycutt

2007-03-21T23:59:59.000Z

396

Industrial Demand Module 2002, National Energy Modeling System (NEMS)  

Reports and Publications (EIA)

This report documents the objectives, analytical approach, and development of the National Energy Modeling System (NEMS) Industrial Demand Model. The report catalogues and describes model assumptions, computational methodology, parameter estimation techniques, and model source code.

T. Crawford Honeycutt

2001-12-01T23:59:59.000Z

397

Industrial Demand Module 2001, National Energy Modeling System (NEMS)  

Reports and Publications (EIA)

This report documents the objectives, analytical approach, and development of the National Energy Modeling System (NEMS) Industrial Demand Model. The report catalogues and describes model assumptions, computational methodology, parameter estimation techniques, and model source code.

T. Crawford Honeycutt

2000-12-01T23:59:59.000Z

398

Industrial Demand Module 2008, National Energy Modeling System (NEMS)  

Reports and Publications (EIA)

Documents the objectives, analytical approach, and development of the National Energy Modeling System (NEMS) Industrial Demand Model. The report catalogues and describes model assumptions, computational methodology, parameter estimation techniques, and model source code.

T. C. Honeycutt

2008-06-01T23:59:59.000Z

399

Industrial Demand Module 2000, National Energy Modeling System (NEMS)  

Reports and Publications (EIA)

This report documents the objectives, analytical approach, and development of the National Energy Modeling System (NEMS) Industrial Demand Model. The report catalogues and describes model assumptions, computational methodology, parameter estimation techniques, and model source code.

T. Crawford Honeycutt

2000-01-01T23:59:59.000Z

400

Industrial Demand Module 2004, National Energy Modeling System (NEMS)  

Reports and Publications (EIA)

This report documents the objectives, analytical approach, and development of the National Energy Modeling System (NEMS) Industrial Demand Model. The report catalogues and describes model assumptions, computational methodology, parameter estimation techniques, and model source code.

T. Crawford Honeycutt

2004-02-01T23:59:59.000Z

Note: This page contains sample records for the topic "nems electricity market" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


401

ANN-Based Short-Term Load Forecasting in Electricity Markets  

E-Print Network (OSTI)

Abstract—This paper proposes an Artificial Neural Network (ANN)-based short-term load forecasting technique that considers electricity price as one of the main characteristics of the system load, demonstrating the importance of considering pricing when predicting loading in today’s electricity markets. Historical load data from the Ontario Hydro system as well as pricing information from the neighboring system are used for testing, showing the good performance of the proposed method. Keywords: Short-term load forecasting, electricity markets, spot prices, Artificial Neural Networks (ANN)

Hong Chen; Claudio A. Cañizares; Ajit Singh

2001-01-01T23:59:59.000Z

402

ESS 2012 Peer Review - Wholesale Electricity Market Design Project - Jim Ellison, SNL  

Energy.gov (U.S. Department of Energy (DOE)) Indexed Site

Photos placed in Photos placed in horizontal position with even amount of white space between photos and header Photos placed in horizontal position with even amount of white space between photos and header Wholesale Electricity Market Design Project September 28, 2012 Jim Ellison, Verne Loose, Ray Byrne, Cesar Silva Monroy, and Ryan Elliott Sandia National Laboratories Leigh Tesfatsion Iowa State University DOE Energy Storage Program Peer Review 2012 Introduction - Motivation for a New Market Design  Need to eliminate market bias of resource classes such as Energy Storage  Need to accommodate new technologies, without the need to change market rules  Move away from resource-centric markets toward service-centric markets

403

Using Environmental Emissions Permit Prices to Raise Electricity Prices: Evidence from the California Electricity Market  

E-Print Network (OSTI)

Permit Prices to Raise Electricity Prices: Evidence from thePermit Prices to Raise Electricity Prices: Evidence from thehigher wholesale electricity prices, during the third and

Kolstad, Jonathan; Wolak, Frank

2003-01-01T23:59:59.000Z

404

The Market Value and Cost of Solar Photovoltaic Electricity Production  

E-Print Network (OSTI)

are a form of distributed generation. The current directPV. As a form of distributed generation, solar PV is alsoprovisions for distributed generation. hour when electricity

Borenstein, Severin

2008-01-01T23:59:59.000Z

405

Demand Response in U.S. Electricity Markets: Empirical Evidence  

Energy.gov (U.S. Department of Energy (DOE)) Indexed Site

by end use customers from their normal consumption patterns in response to changes in the price of electricity over time, or to incentive payments designed to induce lower...

406

Dynamic Pricing, Advanced Metering, and Demand Response in Electricity Markets  

E-Print Network (OSTI)

the New England ISO Demand Response Collaborative, a NYSERDACEC Staff. Selected Demand Response Pilots in California:New Principles for Demand Response Planning, Electric Power

Borenstein, Severin; Jaske, Michael; Rosenfeld, Arthur

2002-01-01T23:59:59.000Z

407

Market Implications of Synergism Between Low Drag Area and Electric...  

NLE Websites -- All DOE Office Websites (Extended Search)

Doug Saucedo, Bryan Jungers Electric Power Research Institute Presented at: Light-Duty Vehicle Workshop July 26, 2010 U.S. Department of Energy Washington DC The submitted...

408

Household Markets for Neighborhood Electric Vehicles in California  

E-Print Network (OSTI)

of electric and compressed natural gas vehicles; and Twogasoline, compressed natural gas, hybridelectric, and threeon the batteries. Compressed natural gas vehicle Natural

Kurani, Kenneth S.; Sperling, Daniel; Lipman, Timothy; Stanger, Deborah; Turrentine, Thomas; Stein, Aram

2001-01-01T23:59:59.000Z

409

A study of supply function equilibria in electricity markets.  

E-Print Network (OSTI)

??Deregulation is a growing trend and the electricity industry has not escaped its reaches. With worldwide experiences spanning only thirty years, there is substantial interest… (more)

Lee, Kelvin.

2008-01-01T23:59:59.000Z

410

The Market for Coal Based Electric Power Generation  

NLE Websites -- All DOE Office Websites (Extended Search)

DOE's initiative to effectively remove environmental concerns associated with the use of fossil fuels for producing electricity and transportation fuels through better technology....

411

EPRI Electric GSE Market Penetration Issues Round Table Proceedings: September 2001  

SciTech Connect

Due to the unfortunate incidents of September 11, 2001, the EPRI Electric GSE Market Penetration Issues Round Table Meeting scheduled to be held in Washington, D.C. was canceled. However, these meetings are vital to bring together the players in the electric ground support equipment industry that identify and address key issues surrounding the deployment of electric GSE. These meeting proceedings are the presentations that were to be used by the speakers of this meeting.

None

2001-11-01T23:59:59.000Z

412

Market Structure and Competition: A Cross-Market Analysis of U.S. Electricity Deregulation  

E-Print Network (OSTI)

Energy Regulatory Commission (FERC) concluded that the ?awedcrises in that state. 1 The FERC is currently working on aelectricity markets to adopt. The FERC has stated that it is

Bushnell, James; Mansur, Erin T.; Saravia, Celeste

2004-01-01T23:59:59.000Z

413

Efficiency-risk tradeoffs in dynamic oligopoly markets : with application to electricity markets  

E-Print Network (OSTI)

In an abstract framework, we examine how a tradeoff between efficiency and risk arises in different dynamic oligopolistic markets. We consider a scenario where there is a reliable resource provider and agents which enter ...

Huang, Qingqing, S.M. Massachusetts Institute of Technology

2013-01-01T23:59:59.000Z

414

Vertical Integration in Restructured Electricity Markets: Measuring Market Efficiency and Firm Conduct  

E-Print Network (OSTI)

Coal Natural Gas and Oil Nuclear Quantity Supplied (MWh)Units Oil Units Panel B: Summer of 1999 Variable QuantityQuantity demanded hourly a Price of: Electricity a Electricity (Q weighted) Natural Gas b Oil

Mansur, Erin T.

2003-01-01T23:59:59.000Z

415

Market Structure and Competition: A Cross-Market Analysis of U.S. Electricity Deregulation  

E-Print Network (OSTI)

production from its energy-limited hydro resources with theof production from energy-limited (primarily hydro-electric)

Bushnell, James; Mansur, Erin T.; Saravia, Celeste

2004-01-01T23:59:59.000Z

416

New England's Wholesale Electricity Market, Six Years Later  

Science Conference Proceedings (OSTI)

Energy reliability-the ability for an energy system to meet both short-run demand and long-run capacity needs-is a critical input to a region's economic growth potential. This paper reviews the structure of New England's energy markets, focusing on the ...

Carrie Conaway; Philip A. Fedora

2007-01-01T23:59:59.000Z

417

Equilibria on the Day-Ahead Electricity Market  

E-Print Network (OSTI)

case, characterizing Nash equilibria in terms of the parameters: c1, c2, E1, E2, m and ..... Let us start by considering that E1m + b enter ..... Finally, we will search for equilibria where Firm 2 decides the market ...

418

Do Generation Firms in Restructured Electricity Markets Have Incentives to Support Social-Welfare-Improving Transmission Investments? *  

E-Print Network (OSTI)

that generation firms have in restructured electricity markets for supporting long-term transmission investments electricity markets, have the incentives to fund or support incremental social-welfare-improving transmission.S. transmission system is under stress (Abraham, 2002). Growth of electricity demand and new generation capacity

419

Outline Introduction Literature Review Electric Power Supply Chains Empirical Examples Conclusions An Integrated Electric Power Supply Chain and Fuel Market  

E-Print Network (OSTI)

billion annual sales, 40% of domestic primary energy (Energy Information Administration (2000, 2005 An Integrated Electric Power Supply Chain and Fuel Market Network Framework: Theoretical Modeling with Empirical Analysis for New England Zugang Liu and Anna Nagurney§ Isenberg School of Management University

Nagurney, Anna

420

Modeling hydro power plants in deregulated electricity markets : integration and application of EMCAS and VALORAGUA.  

Science Conference Proceedings (OSTI)

In this paper, we present details of integrating an agent-based model, Electricity Market Complex Adaptive System (EMCAS) with a hydro-thermal coordination model, VALORAGUA. EMCAS provides a framework for simulating deregulated markets with flexible regulatory structure along with bidding strategies for supply offers and demand bids. VALORAGUA provides longer-term operation plans by optimizing hydro and thermal power plant operation for the entire year. In addition, EMCAS uses the price forecasts and weekly hydro schedules from VALORAGUA to provide intra-week hydro plant optimization for hourly supply offers. The integrated model is then applied to the Iberian electricity market which includes about 111 thermal plants and 38 hydro power plants. We then analyze the impact of hydro plant supply offers on the market prices and ways to minimize the Gencospsila exposure to price risk.

Thimmapuram, P.; Veselka, T.; Koritarov, V.; Vilela, S.; Pereira, R.; Silva, R. (Decision and Information Sciences); (Rede Electrica Nacional, S.A.); (Energias de Portugal)

2008-01-01T23:59:59.000Z

Note: This page contains sample records for the topic "nems electricity market" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


421

Vehicle attributes constraining present electric car applicability in the fleet market  

DOE Green Energy (OSTI)

One strategy for reducing petroleum imports is to use electric cars in place of conventional vehicles. This paper examines obstacles which electric cars are likely to encounter in attempting to penetrate a key segment of the passenger car market, namely, the fleet market. A fleet is here defined as a group of cars operated by a corporation or a government agency. The primary data source is a questionnaire that was distributed to fleet operators by the Bobit Publishing Company in the summer of 1977. Six sectors of the fleet market were sampled: police, state and local government, utilities, taxi, rental, and business. The questionnaire was specifically designed to uncover factors limiting market penetration of unconventional vehicles, although no attempt was made to determine price elasticities. Emphasis is on vehicle attributes that are readily quantifiable and relatively projectable, including seating capacity, range, battery recharging characteristics, availability of power options, and ability to use interstate highways.

Wagner, J R

1979-12-01T23:59:59.000Z

422

The Market Value and Cost of Solar Photovoltaic Electricity Production  

E-Print Network (OSTI)

by low price caps, the di?erence between solar PV powersolar PV power using hourly wholesale electricity prices and5. Real-time Prices for Valuing the Power from Solar PVs As

Borenstein, Severin

2008-01-01T23:59:59.000Z

423

Modelling commodity prices in the Australian National Electricity Market.  

E-Print Network (OSTI)

??Beginning in the early 1990s several countries, including Australia, have pursued programs of deregulation and restructuring of their electricity supply industries. Dissatisfaction with state-run monopoly… (more)

Thomas, S

2007-01-01T23:59:59.000Z

424

Information Management and Business Strategy in Electricity Markets  

Science Conference Proceedings (OSTI)

Electric utilities are the latest in a line of deregulated industries to become competitive. One of the most profound lessons learned from other deregulated and competitive industries is that competitive advantage increasingly comes from knowledge and not solely from tangible assets. As knowledge becomes an increasingly important part of the strategic mix for electric utilities, executives will need to focus on information technologies and systems as well as physical and financial assets in their search ...

1998-07-24T23:59:59.000Z

425

Customer Response to Electricity Prices: Information to Support Wholesale Price Forecasting and Market Analysis  

Science Conference Proceedings (OSTI)

Understanding customer response to electricity price changes is critical to profitably managing a retail business, designing efficient wholesale power markets, and forecasting power prices for valuation of long-lived generating assets. This report packages the collective results of dozens of price response studies for use by forward price forecasters and power market analysts in forecasting loads, revenues, and the benefits of time-varying prices more accurately. In specific, the report describes key mea...

2001-11-30T23:59:59.000Z

426

Deregulating UK Gas and Electricity Markets: How is Competition Working for  

NLE Websites -- All DOE Office Websites (Extended Search)

Deregulating UK Gas and Electricity Markets: How is Competition Working for Deregulating UK Gas and Electricity Markets: How is Competition Working for Residential Consumers? Speaker(s): Catherine Waddams Date: April 15, 2003 - 12:00pm Location: Bldg. 90 Seminar Host/Point of Contact: Chris Marnay Retail gas and electricity prices were deregulated in the UK in April 2002, following introduction of retail choice for residential consumers between 1996 and 1999. We use information from consumer surveys, including a panel survey over three years, to analyse consumer attitudes and behaviour. In particular we explore how awareness changed, whether those who were actively considering switching in one wave of the survey had actually done so by the next round, whether individuals become willing to switch for smaller price gains as the markets matured, and how expectations

427

Role of Pumped Storage Hydro Resources in Electricity Markets and System Operation: Preprint  

DOE Green Energy (OSTI)

The most common form of utility- sized energy storage system is the pumped storage hydro system. Originally, these types of storage systems were economically viable simply because they displace more expensive generating units. However, over time, as those expensive units became more efficient and costs declined, pumped hydro storage units no longer have the operational edge. As a result, in the current electricity market environment, pumped storage hydro plants are struggling. To offset this phenomenon, certain market modifications should be addressed. This paper will introduce some of the challenges faced by pumped storage hydro plants in today's markets and purpose some solutions to those problems.

Ela, E.; Kirby, B.; Botterud, A.; Milostan, C.; Krad, I.; Koritarov, V.

2013-05-01T23:59:59.000Z

428

Modeling Distributed Electricity Generation in the NEMS Buildings ...  

U.S. Energy Information Administration (EIA)

Gas Turbine . 900 29 . 900 29 . 900 29 . 900 ... Gas Microturbine . 800 27 . 700 27 . 700 27 . 700 ...

429

Modeling the electricity market as a complex adaptive system with an agent-based approach.  

SciTech Connect

As power markets are relatively new and still continue to evolve, there is a growing need for advanced modeling approaches that simulate the behavior of electricity markets over time and how market participants may act and react to the changing economic, financial and regulatory environments in which they operate. A new and rather promising approach is to model the electricity market as a complex adaptive system using an agent-based modeling and simulation (ABMS) approach. The purpose of an ABMS model is not necessarily to predict the outcome of a system but to reveal and understand the complex and aggregate system behaviors that emerge from the interactions of the heterogeneous individual entities. Emergent behavior is a key feature of ABMS and is not easily inferred from the simple sum of the behavior of its components. By relying on both established engineering modeling techniques as well as advanced quantitative economic market principles, the ABMS approach is uniquely suited to addressing the strategic issues of interest to different market participants as well as those of market monitors and regulators.

Koritarov, V.; Decision and Information Sciences

2004-07-01T23:59:59.000Z

430

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

SciTech Connect

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

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

1999-12-01T23:59:59.000Z

431

Market-based Investment in Electricity Transmission Networks: Controllable Flow  

E-Print Network (OSTI)

under the header “safe harbours” [e.g. ACCC, 2001]. For the USA it is set out in SMD Notice of proposed rulemaking 2002, p. 66, FERC, Docket No. RM01 -12-000. In Europe the policy is laid out in the European Commission’s [EC, 2003] Regulation... .g. PJM, New York, New England, Texas and California) and is a cornerstone of FERC’s currently debated Standard Market Design. Europe and Australia do not have nodal spot pricing but at best zonal pricing. Basically this means that for an area like...

Brunekreeft, Gert

2004-06-16T23:59:59.000Z

432

Reforming Competitive Electricity Markets to Meet Environmental Targets  

E-Print Network (OSTI)

diagnosis was similar to that of Project Discovery (and the CCC) - the carbon price was now too low to support unsubsidized nuclear power while the wholesale electricity price was set by fossil fuel prices (and the ETS). Fossil generators thus had a... natural hedge (as shown in figure 2) – the difference between the electricity sales price and the cost of fuel is reasonably stable, while that for non-fossil generation is very volatile as their variable costs are low and constant. Looking forward, non-fossil...

Newbery, David

433

Understanding electricity market reforms and the case of Philippine deregulation  

Science Conference Proceedings (OSTI)

The experience of the Philippines offers lessons that should be relevant to any country seeking to deregulate its power industry. Regardless of structure, consumers must face the real price of electricity production and delivery that is closer to marginal cost. Politically motivated prices merely shift the burden from ratepayers to taxpayers. And any reform should work within a reasonable timetable. (author)

Santiago, Andrea; Roxas, Fernando

2010-03-15T23:59:59.000Z

434

Environmental Regulation in Oligopoly Markets: A Study of Electricity Restructuring  

E-Print Network (OSTI)

, and natural gas to produce electricity, strategic firms' plants on the margin almost always burn gas, natural gas, or oil plants, depending upon the level of demand. When demand ranges from low to medium plants tend to be substantially dirtier and cheaper, even including permit prices, than natural gas

California at Berkeley. University of

435

Electricity Markets Meet the Home through Demand Response Lazaros Gkatzikis  

E-Print Network (OSTI)

with increasing trends [9]. Dynamic pricing motivates home users to modify their electricity consumption behavior price timeslots leading to the same total energy consumption, but a significantly different demand in practice though, since home users require to know the price per unit of consumed energy in advance. Instead

Massoulié, Laurent

436

Market Power in the England and Wales Wholesale Electricity Market 1995-2000  

E-Print Network (OSTI)

calculate the Lerner index as SMP?MCSMP where MC is the estimate of the marginal cost of the unit setting the SMP.10 I assume that EdF, the Scottish generators, demand-side bidders and owners of cogeneration units bid competitively so that when they set... ), “AES and British Energy: A Report by the Competition Com- mission on References made under Section 12 of the Electricity Act 1989”, London [7] Electricity Pool of England and Wales (1996a), A User’s Guide to the Pool Rules, London [8] Electricity Pool...

Sweeting, Andrew

2006-03-14T23:59:59.000Z

437

Plug-In Hybrid Electric Vehicle Market Introduction Study: Final Report  

SciTech Connect

Oak Ridge National Laboratory (ORNL), Sentech, Inc., Pacific Northwest National Laboratory (PNNL)/University of Michigan Transportation Research Institute (UMTRI), and the U.S. Department of Energy (DOE) have conducted a Plug-in Hybrid Electric Vehicle (PHEV) Market Introduction Study to identify and assess the effect of potential policies, regulations, and temporary incentives as key enablers for a successful market debut. The timeframe over which market-stimulating incentives would be implemented - and the timeframe over which they would be phased out - are suggested. Possible sources of revenue to help fund these mechanisms are also presented. In addition, pinch points likely to emerge during market growth are identified and proposed solutions presented. Finally, modeling results from ORNL's Market Acceptance of Advanced Automotive Technologies (MA3T) Model and UMTRI's Virtual AutoMotive MarketPlace (VAMMP) Model were used to quantify the expected effectiveness of the proposed policies and to recommend a consensus strategy aimed at transitioning what begins as a niche industry into a thriving and sustainable market by 2030. The primary objective of the PHEV Market Introduction Study is to identify the most effective means for accelerating the commercialization of PHEVs in order to support national energy and economic goals. Ideally, these mechanisms would maximize PHEV sales while minimizing federal expenditures. To develop a robust market acceleration program, incentives and policies must be examined in light of: (1) clarity and transparency of the market signals they send to the consumer; (2) expenditures and resources needed to support them; (3) expected impacts on the market for PHEVs; (4) incentives that are compatible and/or supportive of each other; (5) complexity of institutional and regulatory coordination needed; and (6) sources of funding.

Sikes, Karen [Sentech, Inc.; Gross, Thomas [Sentech, Inc.; Lin, Zhenhong [ORNL; Sullivan, John [University of Michigan Transportation Research Institute; Cleary, Timothy [Sentech, Inc.; Ward, Jake [U.S. Department of Energy

2010-02-01T23:59:59.000Z

438

Plug-In Hybrid Electric Vehicle Market Introduction Study: Final Report  

DOE Green Energy (OSTI)

Oak Ridge National Laboratory (ORNL), Sentech, Inc., Pacific Northwest National Laboratory (PNNL)/University of Michigan Transportation Research Institute (UMTRI), and the U.S. Department of Energy (DOE) have conducted a Plug-in Hybrid Electric Vehicle (PHEV) Market Introduction Study to identify and assess the effect of potential policies, regulations, and temporary incentives as key enablers for a successful market debut. The timeframe over which market-stimulating incentives would be implemented - and the timeframe over which they would be phased out - are suggested. Possible sources of revenue to help fund these mechanisms are also presented. In addition, pinch points likely to emerge during market growth are identified and proposed solutions presented. Finally, modeling results from ORNL's Market Acceptance of Advanced Automotive Technologies (MA3T) Model and UMTRI's Virtual AutoMotive MarketPlace (VAMMP) Model were used to quantify the expected effectiveness of the proposed policies and to recommend a consensus strategy aimed at transitioning what begins as a niche industry into a thriving and sustainable market by 2030. The primary objective of the PHEV Market Introduction Study is to identify the most effective means for accelerating the commercialization of PHEVs in order to support national energy and economic goals. Ideally, these mechanisms would maximize PHEV sales while minimizing federal expenditures. To develop a robust market acceleration program, incentives and policies must be examined in light of: (1) clarity and transparency of the market signals they send to the consumer; (2) expenditures and resources needed to support them; (3) expected impacts on the market for PHEVs; (4) incentives that are compatible and/or supportive of each other; (5) complexity of institutional and regulatory coordination needed; and (6) sources of funding.

Sikes, Karen [Sentech, Inc.; Gross, Thomas [Sentech, Inc.; Lin, Zhenhong [ORNL; Sullivan, John [University of Michigan Transportation Research Institute; Cleary, Timothy [Sentech, Inc.; Ward, Jake [U.S. Department of Energy

2010-02-01T23:59:59.000Z

439

Railroad Consolidation and Market Power: Challenges to a Deregulating Electric Utility Industry  

Science Conference Proceedings (OSTI)

The railroad industry is shrinking into a handful of mega-carriers, a development of great importance to the electric utility industry, which depends on railroads for most shipments of coal. As the electric utilities face deregulation, the impact of railroad market power on the delivered price of coal is a critical competitive issue. This report examines the motivations for railroad consolidation and assesses the likely business strategies of the five major coal hauling railroads.

1997-03-08T23:59:59.000Z

440

Control Strategies of Thermostatically Controlled Appliances in a Competitive Electricity Market  

Science Conference Proceedings (OSTI)

This paper discusses the setpoint-control strategies for thermostatically controlled appliances (TCAs) in a competitive electricity market with electric water heater used as an example. By varying the TCA thermostat settings, the TCA power consumption can be shifted from the high-price period to the low-price period to reduce the peak-load and energy cost. Economic benefits and impacts on distribution feeder load shapes when applying different setpoint-control strategies are studied.

Lu, Ning; Katipamula, Srinivas

2005-06-30T23:59:59.000Z

Note: This page contains sample records for the topic "nems electricity market" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


441

Quantifying the value of hydropower in the electric grid : role of hydropower in existing markets.  

SciTech Connect

The electrical power industry is facing the prospect of integrating a significant addition of variable generation technologies in the next several decades, primarily from wind and solar facilities. Overall, transmission and generation reserve levels are decreasing and power system infrastructure in general is aging. To maintain grid reliability modernization and expansion of the power system as well as more optimized use of existing resources will be required. Conventional and pumped storage hydroelectric facilities can provide an increasingly significant contribution to power system reliability by providing energy, capacity and other ancillary services. However, the potential role of hydroelectric power will be affected by another transition that the industry currently experiences - the evolution and expansion of electricity markets. This evolution to market-based acquisition of generation resources and grid management is taking place in a heterogeneous manner. Some North American regions are moving toward full-featured markets while other regions operate without formal markets. Yet other U.S. regions are partially evolved. This report examines the current structure of electric industry acquisition of energy and ancillary services in different regions organized along different structures, reports on the current role of hydroelectric facilities in various regions, and attempts to identify features of market and scheduling areas that either promote or thwart the increased role that hydroelectric power can play in the future. This report is part of a larger effort led by the Electric Power Research Institute with purpose of examining the potential for hydroelectric facilities to play a greater role in balancing the grid in an era of greater penetration of variable renewable energy technologies. Other topics that will be addressed in this larger effort include industry case studies of specific conventional and hydro-electric facilities, systemic operating constraints on hydro-electric resources, and production cost simulations aimed at quantifying the increased role of hydro.

Loose, Verne W.

2011-01-01T23:59:59.000Z

442

Dynamic Efficiency and the Regulated Firm: Evidence from Interfirm Trade in Electricity Markets  

E-Print Network (OSTI)

This paper presents an empirical analysis of the value of a coordinated market exchange mechanism. I present a model of efficient trading mechanisms under uncertainty, and develop a measure of the value of an interfirm trade agreement in the context of sequential `buy-versus-produce' decisionmaking by firms. The theory is applied to estimate the value of a formal trading institution in the California electricity market, where an interutility power pool has been proposed to restructure the electric power industry. I develop an empirical model of the optimal production and trading decisions for a firm in such a pool, and estimate state-contingent willingness-to-trade functions for each of the four major utilities in this market. With this information, I estimate the distribution of future costs that would obtain if an efficient exchange mechanism arbitraged away observed differences between willingness-to-buy and willingness-to-sell among the sample firms. The principal finding is that with the simple, relatively state-independent bilateral contracts observed in this market, the sample firms achieve within 4% of the theoretical minimum expected costs available with a complete statecontingent exchange mechanism. This difference represents an opportunity cost of approximately $250 million per year. I conclude with regulatory and managerial explanations for the absence of a more efficient state-contingent trading mechanism, and implications for deregulating electric power markets.

Matthew W. White; Matthew W. White; Alvin Klevorick; Daniel Mcfadden; Ariel Pakes

1995-01-01T23:59:59.000Z

443

Abstract--In this paper we first give a presentation of the history and organisation of the electricity market in  

E-Print Network (OSTI)

of the electricity market in Scandinavia, which has been gradually restructured over the last decade. A futures market has been in operation there since September 1995. We analyse the historical prices in the spot and futures markets, using general theory for pricing of commodities futures contracts. We find

Ilic, Marija D.

444

Benefits and Challenges of Achieving a Mainstream Market for Electric Vehicles  

SciTech Connect

The Plug-in Hybrid electric Vehicle (PHEV) Market Introduction Study Final Report identified a range of policies, incentives and regulations designed to enhance the probability of success in commercializing PHEVs as they enter the automotive marketplace starting in 2010. The objective of the comprehensive PHEV Value Proposition study, which encompasses the PHEV Market Introduction Study, is to better understand the value proposition that PHEVs (as well as other plug-in electric vehicle platforms - PEVs) provide to the auto companies themselves, to the consumer and to the public at large as represented by the government and its public policies. In this report we use the more inclusive term PEVs, to include PHEVs, BEVs (battery electric vehicles that operate only on battery) and EREVs (extended range electric vehicles that combine battery electric vehicles with an internal combustion engine that charges the battery as needed). The objective of Taratec's contribution to Phase 2 of the PHEV Value Proposition Study is to develop a clear understanding of the benefits of PEVs to three stakeholders - auto original equipment manufacturers (OEMs), utilities, and the government - and of the technical and commercial challenges and risks to be overcome in order to achieve commercial success for these vehicles. The goal is to understand the technical and commercial challenges in moving from the 'early adopters' at the point of market introduction of these vehicles to a 'sustainable' mainstream market in which PEVs and other PEVs represent a normal, commercially available and attractive vehicle to the mainstream consumer. For the purpose of this study, that sustainable market is assumed to be in place in the 2030 timeframe. The principal focus of the study is to better understand the technical and commercial challenges in the transition from early adopters to a sustainable mainstream consumer market. Effectively, that translates to understanding the challenges to be overcome during the transition period - basically the middle years as the second and third generation of these vehicles are developed and come to market. The concern is to understand those things that in the near term would delay that transition. The study looked at identifying and then quantifying these technical and commercial risks and benefits from three perspectives: (1) The auto industry original equipment manufacturers (OEMs) themselves; (2) The utilities who will provide the electric 'fuel' that will fully or partially power the vehicles; and (3) The government, representing public policy interest in PEV success. By clarifying and quantifying these benefits and the technical and commercial risks that could delay the transition to a sustainable mainstream market, the study provides the basis for developing recommendations for government policies and support for PHEV and PEV development.

Ungar, Edward [Taratec Corporation; Mueller, Howard [Taratec Corporation; Smith, Brett [Center for Automotive Research

2010-08-01T23:59:59.000Z

445

Impacts of Western Area Power Administration`s power marketing alternatives on electric utility systems  

DOE Green Energy (OSTI)

This technical memorandum estimates the effects of alternative contractual commitments that may be initiated by the Western Area Power Administration`s Salt Lake City Area Office. It also studies hydropower operational restrictions at the Salt Lake City Area Integrated Projects in combination with these alternatives. Power marketing and hydropower operational effects are estimated in support of Western`s Electric Power Marketing Environmental Impact Statement (EIS). Electricity production and capacity expansion for utility systems that will be directly affected by alternatives specified in the EIS are simulated. Cost estimates are presented by utility type and for various activities such as capacity expansion, generation, long-term firm purchases and sales, fixed operation and maintenance expenses, and spot market activities. Operational changes at hydropower facilities are also investigated.

Veselka, T.D.; Portante, E.C.; Koritarov, V. [and others

1995-03-01T23:59:59.000Z

446

Consumption Strategies and Tariff Coordination for Cooperative Consumers in a Deregulated Electricity Market  

Science Conference Proceedings (OSTI)

As the trend in electricity markets is strongly towards deregulation, new players, new rules and new behaviors will continue to emerge. One of the new phenomena that are developing on the demand side is the purchase by a coalition of agents. When it ...

Juha Mäntysaari; Pierre-Olivier Pineau

1999-01-01T23:59:59.000Z

447

Investment Efficiency in Competitive Electricity Markets With and Without Time-Varying Retail Prices  

E-Print Network (OSTI)

The standard economic model of efficient competitive markets relies on the ability of sellers to charge prices that vary as their costs change. Yet, there is no restructured electricity market in which most retail customers can be charged realtime prices (RTP), prices that can change as frequently as wholesale costs. We analyze the impact of having some share of customers on time-invariant pricing in competitive electricity markets. Not only does time-invariant pricing in competitive markets lead to outcomes (prices and investment) that are not first-best, it even fails to achieve the second-best optimum given the constraint of time-invariant pricing. We then study a number of policy interventions that have been proposed to address the perceived inadequacy of capacity investment. We show that attempts to correct the level of investment through taxes or subsidies on electricity or capacity are unlikely to succeed, because these interventions create new inefficiencies. We demonstrate that the most common proposal, a subsidy to capacity ownership financed by a tax on retail electricity, is particularly problematic. An alternative approach to improving efficiency, increasing the share of customers on RTP, has some surprising effects. We show that such a change lowers the equilibrium price to flat rate customers

Severin Borenstein; Stephen P. Holland

2003-01-01T23:59:59.000Z

448

Electricity Markets and Policy Group Energy Analysis Department Wind Project Financing Structures  

E-Print Network (OSTI)

characteristics of each: - Wind projects have higher capital costs but lower operating costs (e.g., no fuel costs project and finances all costs. No other investor or lender capital is involved. Corporate entity is ableElectricity Markets and Policy Group · Energy Analysis Department 1 Wind Project Financing

449

Point and prediction interval estimation for electricity markets with machine learning techniques and wavelet transforms  

Science Conference Proceedings (OSTI)

A growing number of countries all over the world are switching over to deregulated or the market structure of electricity sector with a view to enhance productivity, efficiency and to lower the prices. Barring a few cases, the deregulated structure is ... Keywords: Artificial neural network (ANN), Bootstraps, Extreme learning machine (ELM), Prediction intervals, Uncertainty, Wavelet transforms

Nitin Anand Shrivastava, Bijaya Ketan Panigrahi

2013-10-01T23:59:59.000Z

450

Electricity Markets and Policy Group Energy Analysis Department Financing Non-Residential  

E-Print Network (OSTI)

Electricity Markets and Policy Group · Energy Analysis Department 1 Financing Non-Residential Introduction · Growth in the non-residential PV sector has outpaced that of the residential PV sector in recent years: by one estimate, US non-residential PV capacity has grown from less than half of aggregate annual

451

Energy Analysis Department Electricity Markets and Policy Group The Shifting Landscape of RatepayerThe Shifting Landscape of Ratepayer--  

E-Print Network (OSTI)

Energy Analysis Department Electricity Markets and Policy Group The Shifting Landscape of Ratepayer trends in state policies affecting ratepayer-funded energy efficiency (EE) programs Berkeley Lab-up ratepayer-funded EE program activity #12;Energy Analysis Department Electricity Markets and Policy Group 33

452

An Integrated Electric Power Supply Chain and Fuel Market Network Framework: Theoretical Modeling with Empirical Analysis for New England  

E-Print Network (OSTI)

with fuel supply markets that captures both the economic network transactions in energy supply chains markets to quantify the interactions in electric power/energy supply chains and their effects on flows% of domestic primary energy [17, 18]. Currently, the electric power industry in the US is undergoing

Nagurney, Anna

453

Next-generation building energy management systems and implications for electricity markets.  

SciTech Connect

The U.S. national electric grid is facing significant changes due to aggressive federal and state targets to decrease emissions while improving grid efficiency and reliability. Additional challenges include supply/demand imbalances, transmission constraints, and aging infrastructure. A significant number of technologies are emerging under this environment including renewable generation, distributed storage, and energy management systems. In this paper, we claim that predictive energy management systems can play a significant role in achieving federal and state targets. These systems can merge sensor data and predictive statistical models, thereby allowing for a more proactive modulation of building energy usage as external weather and market signals change. A key observation is that these predictive capabilities, coupled with the fast responsiveness of air handling units and storage devices, can enable participation in several markets such as the day-ahead and real-time pricing markets, demand and reserves markets, and ancillary services markets. Participation in these markets has implications for both market prices and reliability and can help balance the integration of intermittent renewable resources. In addition, these emerging predictive energy management systems are inexpensive and easy to deploy, allowing for broad building participation in utility centric programs.

Zavala, V. M.; Thomas, C.; Zimmerman, M.; Ott, A. (Mathematics and Computer Science); (Citizens Utility Board); (BuildingIQ Pty Ltd, Australia); (PJM Interconnection LLC)

2011-08-11T23:59:59.000Z

454

Controlling Market Power and Price Spikes in Electricity Networks: Demand-side Bidding  

E-Print Network (OSTI)

Simona Lup, Jia Jing Liu and Stephen Sosnicki for help with running the experiments and testing the software. This paper has benefited from comments from Kevin McCabe, Mark Olson, Dave Porter, and Stan Reynolds, but all errors are our own. The data are available upon request from the authors. Controlling Market Power and Price Spikes in Electricity Networks: Demand-Side Bidding In this paper we report experiments that examine how two structural features of electricity networks contribute to the exercise of market power in deregulated markets. The first feature is the distribution of ownership of a given set of generating assets. In the market power treatment, two large firms are allocated baseload and intermediate cost generators such that either firm might unilaterally withhold the capacity of its intermediate cost generators from the market to benefit from the supracompetitive prices that would result from only selling its baseload units. In the converse treatment, ownership of some of the intermediate cost generators is transferred from each of these firms to two other firms, so that no one firm could unilaterally restrict output to spawn supra-competitive prices. The second feature explores how the presence of line constraints in a radial network may segment the market and promote supra-competitive pricing in the isolated market segments. We also consider the interaction effect when both of these structural features are present. Having established a wellcontrolled data set with price spikes paralleling those observed in the naturally occurring economy, we also extend the design to include demand-side bidding. We find that demand-side bidding completely neutralizes the exercise of market power and eliminates price spikes.

Stephen J. Rassenti; Vernon L. Smith; Bart J. Wilson

2003-01-01T23:59:59.000Z

455

Charges, Costs and Market Power in the Deregulated UK Electricity Retail Market  

E-Print Network (OSTI)

7 July 2010 For Immediate Release: UC Berkeley Study Touts Economic Benefits of a Feed-In Tariff examining the economic benefits of a comprehensive Feed-In Tariff (FIT). The analysis shows that enacting price, long-term contract for a utility to buy electricity produced by renewable energy generators

Feigon, Brooke

456

Locational-based Coupling of Electricity Markets: Benefits from Coordinating Unit Commitment and Balancing Markets  

E-Print Network (OSTI)

1 Country 2 QD A B C D QC 6 Fig. 2 Sequence of decisions and calculations in models 2.1. Notation Sets indexes H Nodes h I All generators i hI Generators at node h i XI Electricity sinks (in...

van der Weijde, Adriaan Hendrik; Hobbs, Benjamin F.

457

Price Determination of Electricity in a Competitive Environment: Reaching Profitable Electricity Customers with Market Power  

Science Conference Proceedings (OSTI)

This report studies and develops techniques for profitable generation company operation in the competitive /deregulated environment. Specifically it investigates how market power can be used to reach the high-profit segment of the customer-base. The first part of the report is primarily concerned with methods and theory. The competitive market framework assumed for this research is presented. The basic auctions used, and the optimization techniques used to implement them, are explained. Extensions to the...

2000-06-08T23:59:59.000Z

458

202-328-5000 www.rff.orgSecular Trends, Environmental Regulation, and Electricity Markets  

E-Print Network (OSTI)

The confluence of several pending environmental rulemakings will require billions of dollars of investment across the industry and changes in the operation of facilities. These changes may lead to retirement of some facilities, and there has been much debate about their potential effects on electricity reliability. Only very exceptional circumstances would trigger supply disruptions; however, the changes may affect electricity prices, the generation mix, and industry revenues. Coincident with these new rules, expectations about natural gas prices and future electricity demand growth are changing in ways that also will have substantial effects on the industry. This paper addresses these two sets of issues using a detailed simulation model of the U.S. electricity market. The findings suggest that recent downward adjustments in natural gas prices and electricty demand projections have a substantially larger impact on electricity prices and generation mix than do the new environmental rules.

Dallas Burtraw; Karen Palmer; Anthony Paul; Matt Woerman

2012-01-01T23:59:59.000Z

459

Inefficiencies and Market Power in Financial Arbitrage: A Study of California’s Electricity Markets” CSEM working paper WP-138. Available at www.ucei.berkeley.edu  

E-Print Network (OSTI)

with other commodities, electricity is often traded on both forward and spot As This was initially true in the restructured California electricity industry markets. 1998 to 2000. Though the power traded in the forward and spot markets from for delivery at the same times and locations, prices often differed in significant was predictable ways. We consider several explanations for this apparent inefficiency, and that uncertainty about regulatory penalties for trading in the spot market concluding most firms to avoid trading on inter-market price differences. The few firms caused did carry out these trades did not find it profit-maximizing to eliminate the that differences. Skyrocketing prices in the summer of 2000, however, changed the price buyers ’ (utilities’) incentives and increased the price differentials between the major markets.

Severin Borenstein; James Bushnell; Christopher R. Knittel; Catherine Wolfram September

2004-01-01T23:59:59.000Z

Note: This page contains sample records for the topic "nems electricity market" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


461

The United States Industrial Electric Motor Systems Market Opportunities Assessment: Key Results  

E-Print Network (OSTI)

This paper summarizes the findings of the U. S. Industrial Electric Motor Systems Market Opportunities Assessment. The Market Assessment was sponsored by the U. S. Department of Energy. The project's principal objectives were to create a detailed portrait of the inventory of motor systems currently in use in US industrial facilities, estimate motor system energy use and potential for energy savings. The research and analysis to support these objectives consisted primarily of on-site motor system inventories of a probability sample of 254 manufacturing facilities nationwide. In addition to characterizing the motor systems in use, the research effort also gathered detailed information on motor system management and purchasing practices. This paper presents key findings from the Market Assessment in regard to patterns of motor energy use, saturation of energy efficiency measures such as efficient motors and adjustable speed drives, and motor system purchase and maintenance practices.

Rosenberg, M.

1999-05-01T23:59:59.000Z

462

Linear Clearing Prices in Non-Convex European Day-Ahead Electricity Markets  

E-Print Network (OSTI)

The European power grid can be divided into several market areas where the price of electricity is determined in a day-ahead auction. Market participants can provide continuous hourly bid curves and combinatorial bids with associated quantities given the prices. The goal of our auction is to maximize the economic surplus of all participants subject to transmission constraints and the existence of linear prices. In general strict linear prices do not exist in non-convex markets. Therefore we enforce the existence of linear prices where no one incurs a loss and only combinatorial bids might see a not realized gain. The resulting optimization problem is an MPEC that can not be solved efficiently by a standard solver. We present an exact algorithm and a fast heuristic for this type of problem. Both algorithms decompose the MPEC into a master MIP and price subproblems (LPs). The modeling technique and the algorithms are applicable to all MIP based combinatorial auctions.

Martin, Alexander; Pokutta, Sebastian

2012-01-01T23:59:59.000Z

463

Market  

... and its contributions to society and the economy; The marketing group values suggestions from researchers regarding companies to approach.

464

A sensitivity analysis of the treatment of wind energy in the AEO99 version of NEMS  

DOE Green Energy (OSTI)

Each year, the U.S. Department of Energy's Energy Information Administration (EIA) publishes a forecast of the domestic energy economy in the Annual Energy Outlook (AEO). During the forecast period of the AEO (currently through 2020), renewable energy technologies have typically not achieved significant growth. The contribution of renewable technologies as electric generators becomes more important, however, in scenarios analyzing greenhouse gas emissions reductions or significant technological advancements. We examined the economic assumptions about wind power used for producing forecasts with the National Energy Modeling System (NEMS) to determine their influence on the projected capacity expansion of this technology. This analysis should help illustrate to policymakers what types of issues may affect wind development, and improve the general understanding of the NEMS model itself. Figure 1 illustrates the model structure and factors relevant to wind deployment. We found that NEMS uses various cost multipliers and constraints to represent potential physical and economic limitations to growth in wind capacity, such as resource depletion, costs associated with rapid manufacturing expansion, and grid stability with high levels of capacity from intermittent resources. The model's flexibility allows the user to make alternative assumptions about the magnitude of these factors. While these assumptions have little effect on the Reference Case forecast for the 1999 edition of the AEO, they can make a dramatic difference when wind is more attractive, such as under a carbon permit trading system. With $100/ton carbon permits, the wind capacity projection for 2020 ranges from 15 GW in the unaltered model (AEO99 Reference Case) to 168 GW in the extreme case when all the multipliers and constraints examined in this study are removed. Furthermore, if modifications are made to the model allowing inter-regional transmission of electricity, wind capacity is forecast to reach 214 GW when all limitations are removed. The figures in the upper end of these ranges are not intended to be viewed as reasonable projections, but their magnitude illustrates the importance of the parameters governing the growth of wind capacity and resource availability in forecasts using NEMS. In addition, many uncertainties exist regarding these assumptions that potentially affect the growth of wind power. We suggest several areas in which to focus future research in order to better model the potential development of this resource. Because many of the assumptions related to wind in the model are also used for other renewable technologies, these suggestions could be applied to other renewable resources as well.

Osborn, Julie G; Wood, Frances; Richey, Cooper; Sanders, Sandy; Short, Walter; Koomey, Jonathan

2001-01-01T23:59:59.000Z

465

Do Generation Firms in Restructured Electricity Markets Have Incentives to Support Social-Welfare-Improving Transmission Investments? *  

E-Print Network (OSTI)

Transmission Grid Study of the U.S. Department of Energy (Abraham, 2002) declares: "Growth in electricity of incentives for investment in the U.S. electricity transmission system are sparse. Moreover, noneDo Generation Firms in Restructured Electricity Markets Have Incentives to Support Social

Oren, Shmuel S.

466

Application of a new hybrid neuro-evolutionary system for day-ahead price forecasting of electricity markets  

Science Conference Proceedings (OSTI)

In this paper, a new forecast strategy is proposed for day-ahead prediction of electricity prices, which are so valuable for both producers and consumers in the new competitive electric power markets. However, electricity price has a nonlinear, volatile ... Keywords: Evolutionary algorithm, Hybrid neuro-evolutionary system, Neural network, Price forecast

Nima Amjady; Farshid Keynia

2010-06-01T23:59:59.000Z

467

STEMS-RT 1.0: Short-Term Electricity Market Simulator (Real Time), Demonstration Version 1.0  

Science Conference Proceedings (OSTI)

The Short-Term Electricity Market Simulator (Real Time) Demonstration Version 1.0 (STEMS-RT 1.0) allows the user to simulate simple examples of electricity markets. Description: The STEMS-RT 1.0 software is based on EPRI's pioneering development and application of agent-based simulation for the study of decision-making associated with electricity markets. In fact, the Nobel Prize in Economics was recently awarded to earlier pioneers of such investigations using people and otherwise known as experimental ...

2004-12-20T23:59:59.000Z

468

STEMS-MS v3.0, Short-Term Electricity Market Simulator - MultiSettle, Version 3.0  

Science Conference Proceedings (OSTI)

The Short-Term Electricity Market Simulator – MultiSettle (STEMS-MS), Version 3.0 software allows the user to simulate flexibly examples of electricity markets. STEMS-MS is based on EPRI's pioneering development and application of agent-based simulation for the study of decision-making associated with electricity markets. A recent Nobel Prize in Economics was awarded to earlier pioneers of this type of investigation using human subjects, which is called experimental economics. While the use of computer-...

2007-09-17T23:59:59.000Z

469

Integrating Variable Renewable Energy in Electric Power Markets: Best Practices from International Experience, Summary for Policymakers  

DOE Green Energy (OSTI)

Many countries -- reflecting very different geographies, markets, and power systems -- are successfully managing high levels of variable renewable energy on the electric grid, including that from wind and solar energy. This document summarizes policy best practices that energy ministers and other stakeholders can pursue to ensure that electricity markets and power systems can effectively coevolve with increasing penetrations of variable renewable energy. There is no one-size-fits-all approach; each country studied has crafted its own combination of policies, market designs, and system operations to achieve the system reliability and flexibility needed to successfully integrate renewables. Notwithstanding this diversity, the approaches taken by the countries studied all coalesce around five strategic areas: lead public engagement, particularly for new transmission; coordinate and integrate planning; develop rules for market evolution that enable system flexibility; expand access to diverse resources and geographic footprint of operations; and improve system operations. This study also emphatically underscores the value of countries sharing their experiences. The more diverse and robust the experience base from which a country can draw, the more likely that it will be able to implement an appropriate, optimized, and system-wide approach.

Cochran, J.; Bird, L.; Heeter, J.; Arent, D. A.

2012-04-01T23:59:59.000Z

470

Integrating Variable Renewable Energy in Electric Power Markets: Best Practices from International Experience  

DOE Green Energy (OSTI)

Many countries -- reflecting very different geographies, markets, and power systems -- are successfully managing high levels of variable renewable energy on the electric grid, including that from wind and solar energy. This study documents the diverse approaches to effective integration of variable renewable energy among six countries -- Australia (South Australia), Denmark, Germany, Ireland, Spain, and the United States (Western region-Colorado and Texas)-- and summarizes policy best practices that energy ministers and other stakeholders can pursue to ensure that electricity markets and power systems can effectively coevolve with increasing penetrations of variable renewable energy. Each country has crafted its own combination of policies, market designs, and system operations to achieve the system reliability and flexibility needed to successfully integrate renewables. Notwithstanding this diversity, the approaches taken by the countries studied all coalesce around five strategic areas: lead public engagement, particularly for new transmission; coordinate and integrate planning; develop rules for market evolution that enable system flexibility; expand access to diverse resources and geographic footprint of operations; and improve system operations. The ability to maintain a broad ecosystem perspective, to organize and make available the wealth of experiences, and to ensure a clear path from analysis to enactment should be the primary focus going forward.

Cochran, J.; Bird, L.; Heeter, J.; Arent, D. A.

2012-04-01T23:59:59.000Z

471

Efficient Retail Pricing in Electricity and Natural Gas Markets: A Familiar Problem with New Challenges  

E-Print Network (OSTI)

A long line of research investigates whether the retail prices of electricity and natural gas send proper signals about scarcity in order to induce efficient consumption. Historically, regulated utilities have not designed tariffs that set marginal prices equal to marginal costs. Currently, some jurisdictions are opening the retail sectors of the gas and electricity industry to competition via “retail choice”. These new regimes replace imperfect regulation with imperfect competition as the process by which retail tariffs are formed. We discuss the challenges in evaluating the efficiency of these new pricing regimes and present descriptive evidence of how pricing has changed in markets with retail choice.

Steven L. Puller; Jeremy West

2013-01-01T23:59:59.000Z

472

Market Opportunities for Electric Drive Compressors for Gas Transmission, Storage, and Processing  

E-Print Network (OSTI)

There is great interest in the large potential market for electric drives in the gas transmission, gas storage, and gas processing industries. Progressive electric utilities and astute vendors are moving to meet the needs of these industries as they confront rapid changes and new realities. New policy and economic considerations, brought on by changes in environmental and business regulations and new compressor/driver technology, are causing these gas industry companies to consider electric motors for replacement of older gas engines and for new compressor installations. In ozone nonattainment regions, bringing gas compressor stations into compliance with NOx emission regulations is a must. Outside those regions, new electric drives are being considered because of their improved operating efficiencies and lower costs. The Electric Power Research Institute (EPRI), working through the EPRI Chemicals and Petroleum Office, is providing leadership in the efforts to further dialogue among gas companies, electric utilities, and vendors. EN strategists is working closely with EPRI, the electric utilities, and the gas transmission companies to promote consideration of The Electric Option.

Parent, L. V.; Ralph, H. D.; Schmeal, W. R.

1995-04-01T23:59:59.000Z

473

Test of Polymer Electrolyte Membrane Fuel Cell / Uninterruptible Power Supply for Electric Utility Battery Replacement Markets  

Science Conference Proceedings (OSTI)

A sub-scale polymer electrolyte membrane (PEM) fuel cell/capacitor uninterruptible power supply (UPS) was designed and constructed based on previous research. Testing of this sub-scale UPS as a replacement for existing battery systems is documented in this report. The project verified that the PEM fuel cells, coupled with an ultracapacitor, could functionally replace batteries used for emergency power at electric generating stations. Remaining steps to commercialization include continuing market research...

2001-12-18T23:59:59.000Z

474

Optimizing Energy Bids for a Single Supplier in a Spot Electricity Market  

Science Conference Proceedings (OSTI)

This report presents an enhanced formulation and a new solution technique for modeling electricity market decision making. The enhanced formulation relaxes the typical assumption that the bid functions of supply and demand agents are linear. In particular, the model is extended to the class of piecewise-linear bid functions, which includes staircase functions as a special case. Such functions are much more representative of the types of bid functions used in practice, and accommodating more-realistic bid...

2006-12-05T23:59:59.000Z

475

Financing arrangements and industrial organisation for new nuclear build in electricity markets  

E-Print Network (OSTI)

of the Finnish and French plants under construction –, but rising fossil fuel and CO2 prices are reviving interest in nuclear power. A potential nuclear power renaissance in liberalised electricity markets will face a number of hurdles associated... with the CO2 price in Europe. The attractiveness of carbon free technologies such as nuclear plant for a power producer is reinforced by the additional cost placed on fossil fuel generation technologies by climate policies and CO2 emissions pricing...

Finon, Dominique; Roques, Fabien A

476

A Mixed Nordic Experience: Implementing Competitive Retail Electricity Markets for Household Customers  

Science Conference Proceedings (OSTI)

Although the Nordic countries were among the first to develop competition in the electricity industry, it took a long time to make retail competition work. In Norway and Sweden a considerable number of households are actively using the market but very few households are active in Finland and Denmark. One problem has been institutional barriers involving metering, limited unbundling of distribution and supply, and limited access to reliable information on contracts and prices. (author)

Olsen, Ole Jess; Johnsen, Tor Arnt; Lewis, Philip

2006-11-15T23:59:59.000Z

477

DOE Hydrogen Analysis Repository: NEMS-H2 (National Energy Modeling...  

NLE Websites -- All DOE Office Websites (Extended Search)

economic aspects of hydrogen production, delivery, and consumption. Keywords: Energy prices; emissions; production; imports; energy consumption; economic Purpose NEMS projects...

478

Case Study: Lessons Learned From Converting Electric Chillers to Steam Chillers in a Electric Deregulated Market.  

E-Print Network (OSTI)

This paper will examine an example of converting two electric centrifugal chillers, which needed to be replaced, to use steam turbine driven centrifugal chillers at a large commercial office building consisting of approximately 700,000 square feet in Center City Philadelphia. The existing 2,000 ton plant was replaced by 2,400 tons of cooling, in the 1997 time frame along with new cooling towers, and the required auxiliaries for the new plant. The paper will look at the impact of steam cooling on the facility's electric load profile both prior to the conversion, as well as after the conversion. This is of particular interest due to the fact that Pennsylvania is deregulated for electric service. One of the benefits in deciding to do the conversion was that a flatter load profile due to steam cooling should allow better electric pricing from energy suppliers.

Wohl, J.

2001-05-01T23:59:59.000Z

479

A fuzzy-based approach for strategic choices in electric energy supply. The case of a Swiss power provider on the eve of electricity market opening  

Science Conference Proceedings (OSTI)

Risk evaluation and strategic choice has become very complex for power providers, because of the growing number of uncertain parameters involved, such as energy market prices, water inflow, and demand. The lack of information and the absence of the decision ... Keywords: Electricity markets, Fuzzy sets theory, Strategic choices

Gustave Nguene Nguene; Matthias Finger

2007-02-01T23:59:59.000Z

480

The Impact of Energy Efficiency and Demand Response Programs on the U.S. Electricity Market  

Science Conference Proceedings (OSTI)

This study analyzes the impact of the energy efficiency (EE) and demand response (DR) programs on the grid and the consequent level of production. Changes in demand caused by EE and DR programs affect not only the dispatch of existing plants and new generation technologies, the retirements of old plants, and the finances of the market. To find the new equilibrium in the market, we use the Oak Ridge Competitive Electricity Dispatch Model (ORCED) developed to simulate the operations and costs of regional power markets depending on various factors including fuel prices, initial mix of generation capacity, and customer response to electricity prices. In ORCED, over 19,000 plant units in the nation are aggregated into up to 200 plant groups per region. Then, ORCED dispatches the power plant groups in each region to meet the electricity demands for a given year up to 2035. In our analysis, we show various demand, supply, and dispatch patterns affected by EE and DR programs across regions.

Baek, Young Sun [ORNL; Hadley, Stanton W [ORNL

2012-01-01T23:59:59.000Z

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481

Industrial Demand Module 1998, National Energy Modeling System (NEMS)  

Reports and Publications (EIA)

This report documents the objectives, analytical approach, and development of the National Energy Modeling System (NEMS) Industrial Demand Model. The report catalogues and describes model assumptions, computational methodology, parameter estimation techniques, and model source code. This document serves three purposes. First, it is a reference document providing a detailed description ofthe NEMS Industrial Model for model analysts, users, and the public. Second, this report meets the legal requirement of the Energy Information Administration (EIA) to provide adequate documentation in supportof its models (Public Law 94-385, section 57.b2). Third, it facilitates continuity in model development by providing documentation from which energy analysts can undertake model enhancements, data updates, and parameter refinements as future projects.

T. Crawford Honeycutt

1998-01-01T23:59:59.000Z

482

Investigation of residential central air conditioning load shapes in NEMS  

SciTech Connect

This memo explains what Berkeley Lab has learned about how the residential central air-conditioning (CAC) end use is represented in the National Energy Modeling System (NEMS). NEMS is an energy model maintained by the Energy Information Administration (EIA) that is routinely used in analysis of energy efficiency standards for residential appliances. As part of analyzing utility and environmental impacts related to the federal rulemaking for residential CAC, lower-than-expected peak utility results prompted Berkeley Lab to investigate the input load shapes that characterize the peaky CAC end use and the submodule that treats load demand response. Investigations enabled a through understanding of the methodology by which hourly load profiles are input to the model and how the model is structured to respond to peak demand. Notably, it was discovered that NEMS was using an October-peaking load shape to represent residential space cooling, which suppressed peak effects to levels lower than expected. An apparent scaling down of the annual load within the load-demand submodule was found, another significant suppressor of the peak impacts. EIA promptly responded to Berkeley Lab's discoveries by updating numerous load shapes for the AEO2002 version of NEMS; EIA is still studying the scaling issue. As a result of this work, it was concluded that Berkeley Lab's customary end-use decrement approach was the most defensible way for Berkeley Lab to perform the recent CAC utility impact analysis. This approach was applied in conjunction with the updated AEO2002 load shapes to perform last year's published rulemaking analysis. Berkeley Lab experimented with several alternative approaches, including modifying the CAC efficiency level, but determined that these did not sufficiently improve the robustness of the method or results to warrant their implementation. Work in this area will continue in preparation for upcoming rulemakings for the other peak coincident end uses, commercial air conditioning and distribution transformers.

Hamachi LaCommare, Kristina; Marnay, Chris; Gumerman, Etan; Chan, Peter; Rosenquist, Greg; Osborn, Julie

2002-05-01T23:59:59.000Z

483

Potential Applications for Nuclear Energy besides Electricity Generation: AREVA Global Perspective of HTR Potential Market  

SciTech Connect

Energy supply is increasingly showing up as a major issue for electricity supply, transportation, settlement, and process heat industrial supply including hydrogen production. Nuclear power is part of the solution. For electricity supply, as exemplified in Finland and France, the EPR brings an immediate answer; HTR could bring another solution in some specific cases. For other supply, mostly heat, the HTR brings a solution inaccessible to conventional nuclear power plants for very high or even high temperature. As fossil fuels costs increase and efforts to avoid generation of Greenhouse gases are implemented, a market for nuclear generated process heat will develop. Following active developments in the 80's, HTR have been put on the back burner up to 5 years ago. Light water reactors are widely dominating the nuclear production field today. However, interest in the HTR technology was renewed in the past few years. Several commercial projects are actively promoted, most of them aiming at electricity production. ANTARES is today AREVA's response to the cogeneration market. It distinguishes itself from other concepts with its indirect cycle design powering a combined cycle power plant. Several reasons support this design choice, one of the most important of which is the design flexibility to adapt readily to combined heat and power applications. From the start, AREVA made the choice of such flexibility with the belief that the HTR market is not so much in competition with LWR in the sole electricity market but in the specific added value market of cogeneration and process heat. In view of the volatility of the costs of fossil fuels, AREVA's choice brings to the large industrial heat applications the fuel cost predictability of nuclear fuel with the efficiency of a high temperature heat source free of greenhouse gases emissions. The ANTARES module produces 600 MWth which can be split into the required process heat, the remaining power drives an adapted prorated electric plant. Depending on the process heat temperature and power needs, up to 80 % of the nuclear heat is converted into useful power. An important feature of the design is the standardization of the heat source, as independent as possible of the process heat application. This should expedite licensing. The essential conditions for success include: 1. Timely adapted licensing process and regulations, codes and standards for such application and design; 2. An industry oriented R and D program to meet the technological challenges making the best use of the international collaboration. Gen IV could be the vector; 3. Identification of an end user (or a consortium of) willing to fund a FOAK. (authors)

Soutworth, Finis; Gauthier, Jean-Claude; Lecomte, Michel [AREVA, 3315 Old Forest Road, Lynchburg, Virginia, 24506 (United States); Carre, Franck [CEA, Saclay (France)

2007-07-01T23:59:59.000Z

484

A Primer on Electric Utilities, Deregulation, and Restructuring of U.S. Electricity Markets  

SciTech Connect

This primer is offered as an introduction to utility restructuring to better prepare readers for ongoing changes in public utilities and associated energy markets. It is written for use by individuals with responsibility for the management of facilities that use energy, including energy managers, procurement staff, and managers with responsibility for facility operations and budgets. The primer was prepared by the Pacific Northwest National Laboratory under sponsorship from the U.S. Department of Energy?s Federal Energy Management Program. The impetus for this primer originally came from the Government Services Administration who supported its initial development.

Warwick, William M.

2002-06-03T23:59:59.000Z

485

Intelligent decision-making system with green pervasive computing for renewable energy business in electricity markets on smart grid  

Science Conference Proceedings (OSTI)

This paper is about the intelligent decision-making system for the smart grid based electricity market which requires distributed decision making on the competitive environments composed of many players and components. It is very important to consider ...

Dong-Joo Kang; Jong Hyuk Park; Sang-Soo Yeo

2009-02-01T23:59:59.000Z

486

Ex Ante and Ex Post Designs for Electric Market Mitigation: Past and Present Experience and Lessons from California  

Science Conference Proceedings (OSTI)

Restructuring in electric power sectors took asignificant step backward in the summer of 2000 whenwholesale and retail markets in California experiencedstaggering price increases that continued through June of2001. During this period, California suppliers ...

Richard D. Tabors; Judith B. Cardell

2003-01-01T23:59:59.000Z

487

A Leader-Follower Computational Learning Approach to the Study of Restructured Electricity Markets: Investigating Price Caps  

Science Conference Proceedings (OSTI)

This paper discusses the use of a computational learning approach based on a leader-follower multiagent framework in the study of regulation of restructured electricity markets. In a leader-follower multiagent system (LFMAS), a leader (regulator) determines ...

Kurian Tharakunnel; Siddhartha Bhattacharyya

2008-01-01T23:59:59.000Z

488

Consumption strategies and tariff coordination for cooperative consumers in a deregulated electricity market  

E-Print Network (OSTI)

As the trend in electricity markets is strongly towards deregulation, new players, new rules and new behaviors will continue to emerge. One of the new phenomena that are developing on the demand side is the purchase by a coalition of agents. When it is worth, a coalition will be constituted. One of the energy needs, especially important in Nordic countries such as Finland, is electrical space heating. We consider here the consumption strategies of individual electricity buyers within a coalition. The decision problem each consumer faces is to find the optimal use of his space heating system with respect to change in electricity price and to his tolerance to indoor temperature variation. A mathematical model for this problem is defined. Physical parameters of example houses were gathered from an experimental field test conducted in Helsinki during the winter 1996. The coalition buys in the market at marginal cost. However, as marginal cost pricing may not always fulfill metering and communication needs of the members of the coalition, we consider Time-Of-Use (TOU) pricing within the coalition. Different groups of consumer behaviour are constructed to simulate this coalition. Optimal marginal tariff is used as a reference point to estimate the nearest TOU tariff within the coalition.

Raimo P. Hämäläinen; Juha Mäntysaari; Jukka Ruusunen; Pierre-olivier Pineau

1999-01-01T23:59:59.000Z

489

An R and D Agenda to enhance electricity system reliability by increasing customer participation in emerging competitive markets  

SciTech Connect

Recent electricity price spikes are painful reminders of the value that meaningful demand-side responses could bring to the restructuring US electricity system. Review of the aggregate offers made by suppliers confirms that even a modest increase demand elasticity could dramatically reduce these extremes in price volatility. We submit that dramatically increased customer participation in these markets to enhance system reliability and reduce price volatility is sorely needed. Indeed, allowing customers to manage their loads in response to system conditions might be thought of as the ultimate reliability resource. Most would agree that meaningful demand-side responses to price are the hallmark of a well-functioning competitive market (Kirby and Kueck 1999). Yet, in today's markets for electricity, little or no such response is evident. In effect, today's markets are incomplete; they represent only half of what a truly competitive market requires. The reason is simple: customers currently do not experience directly the time-varying costs of their consumption decisions. Consequently, they have no incentive to modify these decisions in ways that might enhance system reliability or improve the efficiency of the markets in which electricity is traded. We submit that increased customer participation is a necessary step in the evolution toward more efficient markets for electricity and ancillary services. Toward this end, this paper outlines an agenda for public-interest R&D in support of this objective.

Eto, J.; Marnay, C.; Goldman, C.; Kueck, J.; Kirby, B.; Dagle, J.; Alvarado, F.; Mount, T.; Oren, S.; Martinez, C.

2000-10-01T23:59:59.000Z

490

Hedging Strategies and the Economic Effects of Price Spikes in the Electricity Market  

E-Print Network (OSTI)

This thesis concerns the newly deregulated Swedish electricity market. More specifically it concerns the large sudden increases in the spot price of electricity, i.e. price spikes, and what can be done in order to minimise the risk associated with price spikes by the use of hedging strategies. We have focused on smaller electricity trading companies. Our research questions are formulated below. • Which of our constructed hedging strategies will be the most advantageous to use in terms of reducing the risk associated with price spikes and at the same time produce the best total result over the year? • What are the most critical issues that will improve the performance of a smaller electricity trading company’s hedging strategy? Our results reveal that the strategy consisting of more precise hedging instruments is the most appropriate in terms of reducing the negative economic effects of price spikes. We also show that there is a need for electricity trading companies to put more emphasis on implementing a broader risk management strategy. Our research shows that the option strategy was successful and we recommend electricity traders to consider options as a tool in their hedging strategy.

Jan Hermansson; Johan Westberg; Graduate Business School; Printed Elanders; Novum Ab Abstract

2002-01-01T23:59:59.000Z

491

Estimating the Customer-Level Demand for Electricity Under Real-Time Market Prices  

E-Print Network (OSTI)

This paper presents estimates of the customer-level demand for electricity by industrial and commercial customers purchasing electricity according to the half-hourly energy prices from the England and Wales (E&W) electricity market. These customers also face the possibility of a demand charge on its electricity consumption during the three half-hour periods that are coincident with E&W system peaks. Although energy charges are largely known by 4 PM the day prior to consumption, a fraction of the energy charge and the identity of the half-hour periods when demand charges occur are only known with certainty ex post of consumption. Four years of data from a Regional Electricity Company (REC) in the United Kingdom is used to quantify the half-hourly customer-level demands under this real-time pricing program. The econometric model developed and estimated here quantifies the extent of intertemporal substitution in electricity consumption across pricing periods within the day due to changes ...

Robert H. Patrick; Frank A. Wolak

1997-01-01T23:59:59.000Z

492

Towards a common European Electricity Market – Paths in the right direction … still far from an effective design 1  

E-Print Network (OSTI)

This paper analyses the future organization of cross border trade in the European electricity market. The draft Regulation “on Conditions for Access to the Network for Cross-Border Exchanges in Electricity ” issued in March 2001 by the European Commission together with related documents produced by the European association of Transmission System Operators (ETSO) and the Council of European Electricity Regulators (CEER) constitute the backbone of this analysis. The paper examines whether the economic principles contained in these documents suffice to design a working European electricity market and if not, what is missing. It concludes that these principles need to be completed by harder measures in order to induce the “real integrated single market ” of electricity claimed by the Commission. In short, the principles may be necessary, but they are unlikely to be sufficient.

Jacqueline Boucher; Yves Smeers

2001-01-01T23:59:59.000Z

493

A utility survey and market assessment on repowering in the electric power industry  

SciTech Connect

Section 1 of this report provides a background about the DOE High Performance Power Systems (HIPPS) program. There are two kinds of HIPPS cycles under development. One team is led by the Foster Wheeler Development Corporation, the other team is led by the United Technologies Research Center. These cycles are described. Section 2 summarizes the feedback from the survey of the repowering needs of ten electric utility companies. The survey verified that the utility company planners favor a repowering for a first-of-a-kind demonstration of a new technology rather than an all-new-site application. These planners list the major factor in considering a unit as a repowering candidate as plant age: they identify plants built between 1955 and 1965 as the most likely candidates. Other important factors include the following: the need to reduce operating costs; the need to perform major maintenance/replacement of the boiler; and the need to reduce emissions. Section 3 reports the results of the market assessment. Using the size and age preferences identified in the survey, a market assessment was conducted (with the aid of a power plant data base) to estimate the number and characteristics of US generating units which constitute the current, primary potential market for coal-based repowering. Nearly 250 units in the US meet the criteria determined to be the potential repowering market.

Klara, J.M. [USDOE Pittsburgh Energy Technology Center, PA (United States); Weinstein, R.E. [Parsons Power Group Inc., Reading, PA (United States); Wherley, M.R. [Science Applications International Corp., Reston, VA (United States)

1996-08-01T23:59:59.000Z

494

ELECTRICITY TRANSMISSION IN DEREGULATED MARKETS; CONFERENCE AT CARNEGIE MELLON UNIVERSITY, PITTSBURGH PA USA DECEMBER 2004 1 A criticality approach to monitoring cascading  

E-Print Network (OSTI)

ELECTRICITY TRANSMISSION IN DEREGULATED MARKETS; CONFERENCE AT CARNEGIE MELLON UNIVERSITY the risk of cascading failure of electric power transmission systems as overall loading is increased failure is the usual mechanism for large blackouts of electric power transmission systems. For example

Dobson, Ian

495

The Household Market for Electric Vehicles: Testing the Hybrid Household Hypothesis -- A Reflexively Designed Survey of New-Car-Buying Multi-Vehicle California Households  

E-Print Network (OSTI)

and the demand electric vehicles", Transportation ResearchA,Critical Review Electric Vehicle MarketStudies", ReleasableR. (1993) Report of the Electric Vehicle at-HomeRefi~ehng

Turrentine, Thomas; Kurani, Kenneth S.

2001-01-01T23:59:59.000Z

496

The Household Market for Electric Vehicles: Testing the Hybrid Household Hypothesis--A Reflively Designed Survey of New-car-buying, Multi-vehicle California Households  

E-Print Network (OSTI)

a sidebar to a longer article on electric vehicles. ) Cogan,R. Electric vehicles: Powerplay on the auto circuit. MotorA Critical Review of Electric Vehicle Market Studies",

Turrentine, Thomas; Kurani, Kenneth

1995-01-01T23:59:59.000Z

497

Participation of the Nuclear Power Plants in the New Brazilian Electric Energy Market  

SciTech Connect

A new regulation framework has been established for the Brazilian electric energy market by a law put into effect on March 15,2004. The main overall goals of this new regulation are: to allow the lowest possible tariffs for end users, while providing the necessary economic incentives for the operation of present installations (generating plants, transmission lines, distribution networks) and the expansion of the system; long-term planning of the extension of the installations required to meet the demand growth; separation of the generation, transmission and distribution activities by allocating them into different companies; new contracts between generating and distribution companies must result from bidding processes based on lowest-tariff criteria; and energy from new generating units required to meet the demand growth must be contracted by all distributing companies integrated to the National Interconnected Grid, in individual amounts proportional to their respective markets.

Mathias, S.G.

2004-10-06T23:59:59.000Z

498

Self-Scheduling of a Hydro Producer in a Pool-Based Electricity Market  

E-Print Network (OSTI)

This paper addresses the self-scheduling of a hydro generating company in a pool-based electricity market. This company comprises several cascaded plants along a river basin. The objective is to maximize the profit of the company from selling energy in the day-ahead market. This paper proposes a 0/1 mixed-integer linear programming model to account, in every plant, for the nonlinear and nonconcave three-dimensional (3-D) relationship between the power produced, the water discharged, and the head of the associated reservoir. Additionally, start-up costs due mainly to the wear and tear are considered. Finally, different realistic case studies are analyzed in detail.

Antonio J. Conejo; Senior Member; José Manuel Arroyo; Javier Contreras; Francisco Apolinar Villamor

2002-01-01T23:59:59.000Z

499

U.S. Regional Demand Forecasts Using NEMS and GIS  

E-Print Network (OSTI)

residential and commercial electricity demand forecasts. The23 Electricity Demandand commercial electricity demand per census division from

Cohen, Jesse A.; Edwards, Jennifer L.; Marnay, Chris

2005-01-01T23:59:59.000Z

500

Estimating the environmental and economic effects of widespread residential PV adoption using GIS and NEMS  

Science Conference Proceedings (OSTI)

This paper describes a study of the national effects of widespread adoption of grid-connected residential rooftop photovoltaic (PV) systems. A Geographic Information System (GIS) model is used to estimate potential PV system adoption and PV electricity generation and the National Energy Modeling System (NEMS) is used to estimate the national effects of PV electricity generation. Adoption is assumed to occur if levelized PV system cost is less than the local average retail electricity rate at the country level. An estimate of the current {open_quotes}best{close_quotes} scenario (defined by a 6.5% real interest rate, 30-year loan life, $6{sub 1994}/W system cost, and $4{sub 1994}/month voluntary premium) results in no adoption. Several scenarios designed to stimulate PV adoption are modeled. As an example, if PV system costs are instead assumed to be $3{sub 1994}/W, rooftop systems are found to be cost effective in 16% of detached single-family households in the U.S. by 2015 (assuming full adoption of 4-kW systems), this results in 82.1 TWh of annual PV electricity generation, 170 TWh of avoided electricity transmission, distribution, and generation losses, 6 Mt/a of avoided carbon emissions, 50 kt/a of avoided NOx emissions, and 27.3 GW of avoided electricity generating capacity in place.

Marnay, C.; Richey, R.C.; Mahler, S.A. [and others

1997-10-01T23:59:59.000Z