Electricity markets are complex compared to other markets such as transportation and physical commodities markets, as supply and demand are required to be matched in real time. In addition to this, mismatches in electricity load scheduling can lead to serious consequences such as blackouts. Due to its high social importance, in many countries, the electricity sector was previously owned and operated by state agencies. This has however changed, and many countries have restructured and deregulated their electricity markets. Regulated and deregulated electricity markets have their pros and cons in terms of consumer price, efficiency and environmental impacts. In this article, the case of United States is examined to compare the renewable integration strategies in these two different types of electricity markets. In the United States, the Northeast, Midwest, Texas and California have deregulated market structures while other parts have regulated markets. Currently, 24 states have a deregulated generation sector and 18 of them have deregulation at retail level also.
Archive for category: Electric Generation
In Myanmar, approximately 70 percent of the population and 84 percent of the rural households do not have access to electricity. The Myanmar National Electrification Plan (NEP), funded by the World Bank and other partners, aims to achieve 100 percent electrification by 2030. However, the challenge to reach this goal is huge. Electricity shortages and supply disruptions are widespread in Myanmar due to under-investment in the sector.
Mini grids using locally engineered and financed technology have played a crucial role in the provision of electricity for thousands of villages in the country. These mini-grids largely emerged due to the entrepreneurial drive from the local private sector and community organizations with little or no public sector support. They also simultaneously reflect the determination and ingenuity of many local communities in finding alternatives to candles and kerosene.
By CARLA FLEMING (Originally posted on LinkedIn Pulse) It was a pleasure to recognize Dr. Robert L. Wallace, President, CEO, and Founder of Bithenergy, Inc., as...
In this article on smart grid intelligence, the authors explore the unique challenges and resource limitations that utilities experience in responding to emergency power outages...
By JANINE FINNELL, MIRIAM GENNARI, and TRAVIS HIGH This article is based on an interview with Janine Finnell, Clean Energy Ambassador and Founder, Leaders in Energy, by Miriam...
Leaders in Energy and Potential Energy DC will be co-host a showcase of energy and environmental solutions that you can see and touch (yes, the petting part) - from entrepreneurs right here in the DMV (not the Division of Motor Vehicles) on Wednesday, May 27th, at TeqCorner (near Tyson's Corner and accessible by Metro at 1616 Anderson Road, McLean, VA 22102), from 6 - 8 pm.
There is no energy crisis.
The world is awash in energy. The sun will always shine, the wind will always blow, and the tides will always ebb and flow. The world even harbors vastly more fossil fuels than we can afford to burn.