The electric power industry is undergoing dramatic change driven by rapid technological
transformation, concern over climate change, and evolving market structures. As a result …

This paper explores the relationship among resource complementarity, diversification and
strategic investment in a power market with two energy sources: water and wind. A review of …

Following the deregulation of electricity markets, a current challenge of policy makers is to
facilitate the transition to a sustainable power system at the highest welfare for society. In this …

In this paper, we develop a long-term capacity expansion analysis model that considers
strategic bidding behavior by dominant generation companies together with new entry …

Rising feed-in from renewable energy sources decreases margins, load factors, and thereby
profitability of conventional generation in several electricity markets around the world. At the …

In this article, we study the electricity time‐of‐use (TOU) tariff for an electricity company with
stochastic demand. The electricity company offers the flat rate (FR) and TOU tariffs to …

Using renewable energy is suggested as an environmentally superior strategy in lots of
recent literature. However, the life-cycle effect of using distributed renewable energy (DRE) …

Increasing electric power production from renewable energy sources is currently one of the
major objectives of energy policy. The intermittent nature of renewables, such as wind and …

In 2013, the feed-in tariff (FIT) policy was issued in China to promote the investment in
renewable technology, but then it was revised because this policy brought a heavy financial …

This paper presents an extension and application of the two-stage stochastic optimization
methodology to determine electricity generation technology choices and capacity additions …