Scheduled System Maintenance:
On May 6th, system maintenance will take place from 8:00 AM - 12:00 PM ET (12:00 - 16:00 UTC). During this time, there may be intermittent impact on performance. We apologize for the inconvenience.
By Topic

Power Engineering Review, IEEE

Issue 10 • Date Oct. 1994

Filter Results

Displaying Results 1 - 2 of 2
  • Buying and selling power in the age of competition

    Publication Year: 1994 , Page(s): 12 - 15
    Cited by:  Papers (5)
    Save to Project icon | Request Permissions | Click to expandQuick Abstract | PDF file iconPDF (605 KB)  

    The American electric power industry is currently in the throes of striving for workable competition. Driven by the converging forces of deregulation, technological revolution, and evolving customer expectations, electric utilities are having to compete as never before at both the wholesale and retail levels. At times, the transition has been particularly wrenching, with some utilities going through painful internal restructuring and others being caught up in external consolidation. Increasingly, the key to success in this more competitive environment is anticipating and actively responding to the forces that are shaping the new markets for electric power. Here, the author describes how such market management is the subject of pioneering research being conducted in EPRI's Utility Resource Planning and Management Program. On the wholesale side, this research centers on the development of powerful analytical methods to support utility decisions regarding new opportunities in the bulk power market. Research on retail market management is concentrated on developing innovative price-differentiated services that can enhance the value of electricity to customers and also foster a utility's long-term financial competitiveness.<> View full abstract»

    Full text access may be available. Click article title to sign in or learn about subscription options.
  • Stability and nonlinear dynamics in power systems

    Publication Year: 1994 , Page(s): 16 - 18
    Cited by:  Papers (3)
    Save to Project icon | Request Permissions | Click to expandQuick Abstract | PDF file iconPDF (507 KB)  

    Power systems are characterized by nonlinear dynamics, and unusual and unexpected behavior has been observed in both simple and complex networks. System behavior is expected to become increasingly complicated because of such factors as greater interconnection, the implementation of high-speed electronic power control devices and wheeling requirements. The author describes how, because other nonlinear systems are known to exhibit chaotic behavior, exploratory research is being conducted to determine if the potential for chaos exists in power networks and, if so, how to avoid or control such behavior. By increasing the fundamental understanding of power system dynamics, these investigations could lead to substantial economic benefits. They could reduce the potential for catastrophic failure as well as allow secure network operation closer to performance margins.<> View full abstract»

    Full text access may be available. Click article title to sign in or learn about subscription options.