Game analysis on government regulation for transmission and distribution company in electricity market

Author(s):  
Debin Fang ◽  
Xianjia Wang ◽  
Xiaohui Zhang
2018 ◽  
Vol 10 (9) ◽  
pp. 3235 ◽  
Author(s):  
Juyong Lee ◽  
Youngsang Cho ◽  
Yoonmo Koo ◽  
Chansoo Park

In this study, we analyzed the effects of electricity market reform on investment in generation facilities. We used the data of 27 OECD member countries and considered ownership structure, horizontal and vertical unbundling, change of transaction method, and government regulation as explanatory variables for market reform. We used four regression models, in which we examined the effects of market reform on the capacity of generation facilities, supply reserve ratio, total investment, and base-load share, respectively. For each panel regression model, we performed a Hausman test to identify the model between random effect and fixed effect. Based on the estimation results, we found that electricity market reform has a negative effect on generation facilities in most countries. Both privatization and regulation have negative impacts on the generation facility and base-load share. On the other hand, the level of liberalization of transactions have positive effects on the generation facility, supply reserve ratio, and base-load share. The empirical analysis also showed that horizontal unbundling does not have a meaningful effect on investment, but vertical unbundling contributes to increasing the supply reserve ratio.


2021 ◽  
Author(s):  
Nargis

Abstract Titas Gas Transmission and Distribution Company Limited (TGTDCL) is the largest gas transmission and distribution company in Bangladesh. The company undertook a pilot project in July 2005 to implement pre-paid metering on a limited scale. The outcomes of the pilot project are analyzed and presented in this paper. Most of the customers under the project appear to be indifferent to the new system. The revenue of TGTDCL was less compared to the same number of un-metered customers. The pilot project has a lack of design, planning, and implementation errors. Calculations are therefore made based on the assumed parameters. Clear and conclusive results regarding the reduction of gas wastage and financial benefits are hard to determine.


Author(s):  
Himan Hamedi ◽  
◽  
Vahid Talavat ◽  
Ali Tofighi ◽  
Reza Ghanizadeh ◽  
...  

In this paper, the interaction between energy sellers and buyers in utilizing active distribution networks is modeled with considering two networked and non-networked modes of microgrids (MGs). A retail electricity market is modeled as a bi-level problem. Accordingly, the Distribution Company (DISCO) in the upper level in order to maximize the profit offers an optimal price to MGs. While in the lower level, the MGs to compare the offered prices by DISCO with the prices of MGs generation sources for minimizing the total costs decided to whether to buy from the DISCO or not. As the first contribution of the paper is to consider the networked operation of the MGs under a unique beneficiary of MGs (BMG). As the second contribution, two very important indices reserve and self-adequacy are considered, which are necessary in the problems related to MGs. In this paper, the impact of considering and disregarding two important reserve and self-adequacy indices of MGs on the profit of the DISCO in two different scenarios is investigated. In each scenario, the impact of considering two modes networked and non-networked of MGs on the profit of DISCO is investigated. Simulation results show the efficiency the presented model.


2020 ◽  
Vol 66 (4) ◽  
pp. 536-544
Author(s):  
Magdalena Jaś-Nowopolska

The liberalization of the electricity market, in terms of creating a guarantee of free choice of energy supplier for the consumer, requires public authorities to intervene in the prices of energy transmission and distribution services. However, the question is how much intervention is necessary and in what situations it can occur. This article looks at the regulation of household electricity prices in Poland (tariff setting) and then, by presenting the legislative changes in 2018 and 2019, shows how much state intervention in the Polish electricity market has come to pass since then, in particular, intervention in the setting of energy prices. The article assesses these measures and analyses the provisions of the Act on the compensation of energy companies by a state fund in relation to state aid issues. It also attempts to answer the question of whether the intervention was necessary or whether the President of the Energy Regulatory Office, within the scope of his powers, could have prevented the effects of a sudden increase in energy prices for households. The article also raises the question of the future of energy prices and raises questions about market disturbances.


2004 ◽  
Vol 19 (4) ◽  
pp. 1990-1998 ◽  
Author(s):  
Y.S. Son ◽  
R. Baldick ◽  
K.-H. Lee ◽  
S. Siddiqi

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