Estimating the benefits of policies that improve the reliability of the electricity grid is
challenging. This paper critically examines the Value of Lost Load (VoLL) literature and …

Microgrids are an increasingly common component of the evolving electricity grids with the
potential to improve local reliability, reduce costs, and increase penetration rates for …

In recent years, electricity markets have been characterized by a growing share of fluctuating
renewable energies, which has increased concerns about the security of electricity supply …

The development of smart grids offers new opportunities to improve the efficiency of
operation of Distributed Energy Resources (DERs) by implementing an intelligent …

Around the world, liberalization and privatization in the electricity industry have lead to
increased competition among utilities. At the same time, utilities are now exposed more than …

In theory, competitive electricity markets provide incentives for efficient investment in
generation capacity. We show that if consumers and investors are risk averse, investment is …

This paper presents a significant change in current electric power grid response and
recovery schemes by develo** a framework for proactive recovery of electric power assets …

Many studies have quantified the cost of Carbon Capture and Storage (CCS) power plants,
but relatively few discuss or appreciate the unique value this technology provides to the …

Solar power imports to Europe from the deserts of North Africa, as foreseen in the Desertec
concept, is one possible way to help decarbonising the European power sector by 2050 …

Climate change brings several challenges to BPS practitioners beyond GHG emission
mitigation. Adaptation to grid-outage events, caused by both acute and chronic stresses …