hi
Some technologies provide short-term energy storage, while others can endure for much longer.
I'm believes that use of advanced system in the power industry can be increase Realibility and stability for example Design a Power System Stability(PSS) can be used for access stability network.
hi
New technology may bring great changes but the market alone is unlikely to support the needed research.
A revolution is sweeping the electric power industry. Vertically integrated monopoly suppliers and tight regulation are being replaced with a diversified industry structure and competition in the generation and supply of electricity. Although these changes are often termed “deregulation,” what is actually occurring is not so much a removal of regulation as a substitution of regulated competitive markets for regulated monopolies.
From 1995 to 1996, the electric and gas industry reduced private R&D funding in absolute terms and cut basic research by two thirds.
Why is this change occurring? Cheap plentiful gas and new technology, particularly low-cost highly efficient gas turbines and advanced computers that can track and manage thousands of transactions in real time, have clearly contributed. However, as with the earlier deregulation of the natural gas industry, a more important contributor is a fundamental change in regulatory philosophy, based on a growing belief in the benefits of privatization and a reliance on market forces. In the United States, this change has been accelerated by pressure from large electricity consumers in regions of the country where electricity prices are much higher than the cost of power generated with new gas turbines.
Although the role of technology has thus far been modest, new technologies on the horizon are likely to have much more profound effects on the future structure and operation of the industry. How these technologies will evolve is unclear. Some could push the system toward greater centralization, some could lead to dramatic decentralization, and some could result in much greater coupling between the gas and electric networks. The evolution of the networked energy system is likely to be highly path-dependent. That is, system choices we have already made and will make over the next several decades will significantly influence the range of feasible future options. Some of the constituent technologies will be adequately supported by market-driven investments, but many, including some that hold great promise for social and environmental benefits, will not come about unless new ways can be found to expand investment in basic technology research
hi
An electric power system is a network of electrical components used to supply, transfer and use electric power. An example of an electric power system is the network that supplies a region's homes and industry with power—for sizeable regions, this power system is known as the grid and can be broadly divided into the generators that supply the power, the transmission system that carries the power from the generating centres to the load centres and the distribution system that feeds the power to nearby homes and industries. Smaller power systems are also found in industry, hospitals, commercial buildings and homes. The majority of these systems rely upon three-phase AC power—the standard for large-scale power transmission and distribution across the modern world. Specialised power systems that do not always rely upon three-phase AC power are found in aircraft, electric rail systems, ocean liners and automobiles.
By the middle of the 20th century, electric power was seen as a "natural monopoly", only efficient if a restricted number of organizations participated in the market; in some areas, vertically-integrated companies provides all stages from generation to retail, and only governmental supervision regulated the rate of return and cost structure.
hi
An example of an electric power system is the network that supplies a region's homes and industry with power—for sizeable regions, this power system is known as the grid and can be broadly divided into the generators that supply the power, the transmission system that carries the power from the generating centres to the load centres and the distribution system that feeds the power to nearby homes and industries.
An electric power system is a network of electrical components used to supply, transfer and use electric power. An example of an electric power system is the network that supplies a region's homes and industry with power—for sizeable regions
Why do we use the advanced system in the power industry? - ResearchGate. Available from: https://www.researchgate.net/post/Why_do_we_use_the_advanced_system_in_the_power_industry [accessed Jul 6, 2016].
Hi
A revolution is sweeping the electric power industry. Vertically integrated monopoly suppliers and tight regulation are being replaced with a diversified industry structure and competition in the generation and supply of electricity. Although these changes are often termed “deregulation,” what is actually occurring is not so much a removal of regulation as a substitution of regulated competitive markets for regulated monopolies.
hi
Some technologies provide short-term energy storage, while others can endure for much longer.
Hi
An electric power system is a network of electrical components used to supply, transfer and use electric power. An example of an electric power system is the network that supplies a region's homes and industry with power—for sizeable regions, this power system is known as the grid and can be broadly divided into the generators that supply the power, the transmission system that carries the power from the generating centres to the load centres and the distribution system that feeds the power to nearby homes and industries. Smaller power systems are also found in industry, hospitals, commercial buildings and homes. The majority of these systems rely upon three-phase AC power—the standard for large-scale power transmission and distribution across the modern world. Specialised power systems that do not always rely upon three-phase AC power are found in aircraft, electric rail systems, ocean liners and automobiles.
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