A Way to Unlock The Electricity Energy Market for The Common People Using CP Model

Authors

  • Md. Maidul Islam Eastern University
  • Alimul Haque Khan University of Saskatchewan
  • Md. Aman Khan Pabna University of Science & Technology

DOI:

https://doi.org/10.18034/ei.v4i2.188

Keywords:

Consumer-producer uni, Unlock, Electricity market, people, trade of kWh

Abstract

The electricity energy market is almost locked for the people. The trade of electric energy is defined as electricity energy market. In most of the countries, trade of kWh by the people is found very rare practice unlike other businesses. However, business related with energy and power equipment may be accomplished by individual if ones want. On the other hand, selling the kWh is somehow difficult. Few possible reasons that create resistance for a person to enter into electricity energy market such as the large size of power station, higher initial cost and lengthy procedures. This paper discusses the states the power of electricity market and proposes a way to unlock electricity energy market for people using CP (Consumer Producer) model. A way to widen the entry of electricity market may be the minimization of the size of the power station into very small unit which will have lower initial cost, quick as well as easy installation.

Downloads

Download data is not yet available.

Author Biographies

Md. Maidul Islam, Eastern University

Electrical & Electronic Engineering, Eastern University, Dhaka 1209, BANGLADESH

Alimul Haque Khan, University of Saskatchewan

Electrical & Electronic Engineering, University of Saskatchewan, CANADA

Md. Aman Khan, Pabna University of Science & Technology

Electrical & Electronic Engineering, Pabna University of Science & Technology, Pabna, BANGLADESH

References

Agelidis, V.G. Pavlovski, C. Ciobotaru, M. Tschirschwitz, T. Corke, R. Lampard, T. and Kobal, B. 2011, November. Unlocking the Smart Grid: An Australian industry-university collaborative effort to address skill gaps. In Innovative Smart Grid Technologies Asia (ISGT), 2011 IEEE PES (pp. 1-8). IEEE.

Appraisal PGEL Solar Mini Grid, “Executive Summar” of Sandwip 100 KW Microgrid.

Bangladesh Development Forum 2010, Energy and power, Dhaka, Ministry of Power, Energy & Mineral Resources, Government of the People’s Republic of Bangladesh.

Hunt, S. and Shuttleworth, G. 1996. Unlocking the grid [electricity industry restructuring]. Spectrum, IEEE, 33(7), pp.20-25.

Khan, A.H. Islam, A. Islam, M. Nur, T.E. and Ghose, S. 2015a. A Review of Electricity Generation and Evacuation in Bangladesh. Energy and Power, 5(1), pp.10-16.

Khan, A.H. Islam, A. Islam, M.S. Pial, H.H. and Rahman, M.S. 2015b, September. Consumer is producer-a novel model for electricity generation. In Green Energy and Technology (ICGET), 2015 3rd International Conference on (pp. 1-5). IEEE.

Khan, A.H. Islam, M. Rahman, M.S. “An Applicable Implementation Policy for “Consumer is Producer” Model”(International Journal of Scientific & Engineering Research, Volume 7, Issue 2, February-2016 ISSN 2229-5518), USA.

Newbery, D.M. 1995. Power markets and market power. The Energy Journal, pp.39-66.

--0--

Downloads

Published

2016-12-31

How to Cite

Islam, M. M., Khan, A. H., & Khan, M. A. (2016). A Way to Unlock The Electricity Energy Market for The Common People Using CP Model. Engineering International, 4(2), 63–72. https://doi.org/10.18034/ei.v4i2.188

Issue

Vol. 4 No. 2 (2016): July - December

Section

Peer Reviewed Articles

License

Engineering International is an Open Access journal. Authors who publish with this journal agree to the following terms:

  1. Authors retain copyright and grant the journal the right of first publication with the work simultaneously licensed under a CC BY-NC 4.0 International License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.
  2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of their work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this journal. We require authors to inform us of any instances of re-publication.