TY - GEN
T1 - Review of the role of energy pricing policies in electricity retail market
AU - Sampson, Ezekiel Mouch
AU - Longe, Omowunmi Mary
N1 - Publisher Copyright:
© 2021 IEEE.
PY - 2021/8/23
Y1 - 2021/8/23
N2 - Changes in the current electrical power system operation significantly impact the electricity market, and has motivated this study on the evaluation of the transition in energy pricing reforms. This paper reviews the market design, operation and retail tariff structures of electricity supply, distributed energy sources, reliability, efficiency, energy supply and demand response, and recommends that energy policymakers of developing nations to prioritize decentralization of their energy sectors, encourage independent power producers (IPPs) to participate in their distribution generation, and incorporate renewable energy sources in their energy mix.
AB - Changes in the current electrical power system operation significantly impact the electricity market, and has motivated this study on the evaluation of the transition in energy pricing reforms. This paper reviews the market design, operation and retail tariff structures of electricity supply, distributed energy sources, reliability, efficiency, energy supply and demand response, and recommends that energy policymakers of developing nations to prioritize decentralization of their energy sectors, encourage independent power producers (IPPs) to participate in their distribution generation, and incorporate renewable energy sources in their energy mix.
KW - Energy pricing policies
KW - Power system planning framework
KW - Power transmission
KW - Retail markets
UR - http://www.scopus.com/inward/record.url?scp=85116635638&partnerID=8YFLogxK
U2 - 10.1109/PowerAfrica52236.2021.9543429
DO - 10.1109/PowerAfrica52236.2021.9543429
M3 - Conference contribution
AN - SCOPUS:85116635638
T3 - 2021 IEEE PES/IAS PowerAfrica, PowerAfrica 2021
BT - 2021 IEEE PES/IAS PowerAfrica, PowerAfrica 2021
PB - Institute of Electrical and Electronics Engineers Inc.
T2 - 8th Annual IEEE Power and Energy Society and Industrial Applications Society PowerAfrica Conference, PowerAfrica 2021
Y2 - 23 August 2021 through 27 August 2021
ER -