|Analysis of power system de-regulation : possible application in Hong Kong and its problems
|Electric utilities -- Deregulation -- China -- Hong Kong
Hong Kong Polytechnic University -- Dissertations
Department of Electrical Engineering
|vi, 193 leaves : ill. ; 30 cm
|There have been tremendous advances in technology in all fields of Electrical Engineering. Advancement in technology has also caused dramatic change in the traditional power industry in the past decade in an ever-increasing list of countries, from the pioneering moves in the United Kingdom to today's dynamic restructuring of power industry throughout North and South America, as well as in the Australia and European Community. The motive for the restructuring is the potential economic benefit for De-regulation of power system into the competitive wholesale generation, transmission, distribution and retail markets. Thus providing freedom of choice for customer and equal opportunity for investors so that restructuring is driven into "full speed". The traditional power industry is fragmenting and this thesis attempts to develop a common structural framework for the De-regulated power industries by analysing the situation experienced by various countries like UK, USA and Australia. Possible Implementation in Hong Kong is studied beginning with an economic analysis of the opportunities of Independent Power producers-Non Utilities Generators that motivate De-regulation via distributed generation driven by Computer & Control technology advancement. This is then used to evaluate and establish the possible De-regulation structure in Hong Kong. The implementation problems of congestion, pricing, control strategies, expansion planning and environmental impact have been carefully considered. The thesis concludes with a discussion of the main advantages of De-regulation and the possible foreseeable disadvantages followed by a final discussion of noteworthy future work.
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