Browsing by Subject "generators"
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Item The Competitive Effects of Ownership of Financial Transmission Rights in a Deregulated Electricity Industry(International Association for Energy Economics, 2008) Joung, Manho; Baldick, Ross; Seok Son, YouIn this paper ; we investigate how generators' ownership of financial transmission rights (FTRs) may influence the effects of the transmission lines on competition. In order for concrete analysis , a simple symmetric market model is introduced and FTRs are modeled in two different forms: FTR options and FTR obligations. This paper shows that introducing FTRs in an appropriate manner may reduce the physical capacity needed for the full benefits of competition. Among the competitive effects of ownership of FTRs , we focus on the effects on two possible pure strategy equilibria: the unconstrained Cournot equilibrium and the passive/aggressive equilibrium. We also analyze an extension of the model: asymmetric markets. Finally , a numerical illustration of applying the analysis is presented.Item Electric ship power system - research at The University of Texas at Austin(IEEE, 2005-07) Hebner, R.E.Recognizing the importance of electric ships and the myriad of technical challenges they present, the University of Texas at Austin, with seed funding from the Office of Naval Research, established a virtual electrical ship research and development center. The reason for the virtual center is that the complex challenges of the future require multidisciplinary solutions. The virtual center contains staff members from Electrical Engineering, Mechanical Engineering and two research centers who work collaboratively with a number of other universities and with industry. This program has two anticipated significant outcomes. At the system level, the first anticipated outcome is to develop a comprehensive set of modeling approaches that guide the evolution of electric ship power systems. The second outcome is an approach to the replacement of the hydraulic system on current ships with electrical actuators on future ships.