A Business Model Incorporating Harmonic Control as a Value-Added Service for Utility-Owned Electricity Retailers

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  • Additional Information
    • Contributors:
      Li, K.; Mu, Q.; Wang, F.; Gao, Y.; Li, G.; Shafie-Khah, M.; Catalao, J.P.S.; Yang, Y.; Ren, J.
    • Publication Information:
      USA: IEEE
    • Publication Date:
      2019
    • Abstract:
      With the deepening of electricity market reform in China, the competition in the electricity retail market becomes increasingly intense. Electricity retailers (ERs) need to explore new business models to enhance their competitiveness in the retail market. Meanwhile, with the improvement of industrial production and people's living standards, more and more nonlinear electrical equipment have been put into use, leading to severe harmonic pollution problems. Harmonic pollution causes loss of electricity, resulting in the economic loss of customers, especially for large industrial customers. In the above contexts, this paper proposes a novel business model that incorporates harmonic control as a value-added service into electricity retail contracts for utility-owned ERs. Both utility-owned ERs and customers can benefit from the designed business model. For customers, it helps them to improve the power quality while saving the electricity cost. For ERs, it helps them to cultivate the customer loyalty and improve the customer satisfaction. A case study is performed to demonstrate the effectiveness of the proposed business model.
    • Author Affiliations:
      Department of Electrical Engineering, North China Electric Power University, Baoding, China
      Department of Electrical Engineering and the Hebei Key Laboratory of Distributed Energy Storage and Microgrid, North China Electric Power University, Baoding, China
      Technical and Economic Consultation Center for Electric Power Construction in China Electricity Council, Beijing, China
      School of Technology and Innovations, University of Vaasa, Vaasa, Finland
      Faculty of Engineering of the University of Porto and INESC TEC, Porto, Portugal
    • ISSN:
      0093-9994
      1939-9367
    • Accession Number:
      10.1109/TIA.2019.2922927
    • Rights:
      Copyright 1972-2012, IEEE
    • AMSID:
      8736272
    • Date of Current Version:
      2019
    • Document Subtype:
      IEEE Transaction
    • Sponsored by:
      IEEE Industry Applications Society
    • Accession Number:
      edseee.8736272
  • Citations
    • ABNT:
      A Business Model Incorporating Harmonic Control as a Value-Added Service for Utility-Owned Electricity Retailers. IEEE Transactions on Industry Applications, Industry Applications, IEEE Transactions on, IEEE Trans. on Ind. Applicat, [s. l.], n. 5, p. 4441, 2019. Disponível em: . Acesso em: 17 nov. 2019.
    • AMA:
      A Business Model Incorporating Harmonic Control as a Value-Added Service for Utility-Owned Electricity Retailers. IEEE Transactions on Industry Applications, Industry Applications, IEEE Transactions on, IEEE Trans on Ind Applicat. 2019;(5):4441. doi:10.1109/TIA.2019.2922927.
    • APA:
      A Business Model Incorporating Harmonic Control as a Value-Added Service for Utility-Owned Electricity Retailers. (2019). IEEE Transactions on Industry Applications, Industry Applications, IEEE Transactions on, IEEE Trans. on Ind. Applicat, (5), 4441. https://doi.org/10.1109/TIA.2019.2922927
    • Chicago/Turabian: Author-Date:
      “A Business Model Incorporating Harmonic Control as a Value-Added Service for Utility-Owned Electricity Retailers.” 2019. IEEE Transactions on Industry Applications, Industry Applications, IEEE Transactions on, IEEE Trans. on Ind. Applicat, no. 5: 4441. doi:10.1109/TIA.2019.2922927.
    • Harvard:
      ‘A Business Model Incorporating Harmonic Control as a Value-Added Service for Utility-Owned Electricity Retailers’ (2019) IEEE Transactions on Industry Applications, Industry Applications, IEEE Transactions on, IEEE Trans. on Ind. Applicat, (5), p. 4441. doi: 10.1109/TIA.2019.2922927.
    • Harvard: Australian:
      ‘A Business Model Incorporating Harmonic Control as a Value-Added Service for Utility-Owned Electricity Retailers’ 2019, IEEE Transactions on Industry Applications, Industry Applications, IEEE Transactions on, IEEE Trans. on Ind. Applicat, no. 5, p. 4441, viewed 17 November 2019, .
    • MLA:
      “A Business Model Incorporating Harmonic Control as a Value-Added Service for Utility-Owned Electricity Retailers.” IEEE Transactions on Industry Applications, Industry Applications, IEEE Transactions on, IEEE Trans. on Ind. Applicat, no. 5, 2019, p. 4441. EBSCOhost, doi:10.1109/TIA.2019.2922927.
    • Chicago/Turabian: Humanities:
      “A Business Model Incorporating Harmonic Control as a Value-Added Service for Utility-Owned Electricity Retailers.” IEEE Transactions on Industry Applications, Industry Applications, IEEE Transactions on, IEEE Trans. on Ind. Applicat, no. 5 (2019): 4441. doi:10.1109/TIA.2019.2922927.
    • Vancouver/ICMJE:
      A Business Model Incorporating Harmonic Control as a Value-Added Service for Utility-Owned Electricity Retailers. IEEE Transactions on Industry Applications, Industry Applications, IEEE Transactions on, IEEE Trans on Ind Applicat [Internet]. 2019 [cited 2019 Nov 17];(5):4441. Available from: http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edseee&AN=edseee.8736272&custid=s8280428