Influences on developments in power system operation

The changing nature of the electricity supply industry is introducing many new subjects into power system operation related to trading in a deregulated, competitive market. Commercial pressures on obtaining greater returns from existing assets suggest an increasingly important role for dynamic network management using FACTS devices and energy storage as an important resource in generation, transmission, distribution and customer service. Constraints imposed by environmental considerations include the use of more renewable energy and the possible use of gas via methanol