Cost, reliability and regulation in electricity networks: Mapping the issues

Peter Farrell, Virendra Ajodhia

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

The latest changes in the the electric supply industry (ESI) were discussed. Some of the difficulties that regulators face in setting up combined price and quality regulation systems, were described. The problem of shifting from a probabilistic to a deterministic approach, resulting from the strong incentives for cost reductions, was also encounterd. Various conditions were indicated under which adopting a probabilistic approach for reliability, is likely to be a viable option.
Original languageEnglish
Title of host publicationIEE Conference Publication|IEE Conf Publ
PublisherDavid Fulton Publishers Ltd
Pages71-75
Number of pages4
Publication statusPublished - 2002
Event5th International Conference on Power System Management and Control - London
Duration: 1 Jul 2002 → …

Conference

Conference5th International Conference on Power System Management and Control
CityLondon
Period1/07/02 → …

Fingerprint

Dive into the research topics of 'Cost, reliability and regulation in electricity networks: Mapping the issues'. Together they form a unique fingerprint.

Cite this