Power technology development schemes for the deregulated electrical power industry

Electrical power industries are rapidly being deregulated all over the world. They need new types of power technology products. The author introduces these trends of deregulation in Japan and in East Asia and proposes some examples of new technologies which are applied to these new markets. The electrical power system needs highly reliable and low price equipment and control systems whether deregulation is proceeding or not. The author introduces these advanced technologies as well including bidding system, demand side technology, smart power system (gas insulated substations, HVDC, EMS/SCADA and static VAr compensators), and energy saving technologies.