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The main task of a financial analyst is to perform an extensive analysis of financial statements that is used in various aspects of financial decision-making in business. A business growing and extending internally and globally are depend strongly on making the right decision that hinge on how the financial information are analysed and interpreted in … Read more

Boone Hardware Store completed the following merchandising transactions in the month of May. At the beginning of May, the ledger of Boone showed Cash of $5,000 and Owner’s Capital of $5,000. May 1 Purchased merchandise on account from Adewale’s Wholesale Supply $4,200, terms 2/10, n/30. 2 Sold merchandise on account $2,100, terms 1/10, n/30. The … Read more

Using the classification proposed by Hunt and Shuttleworth, determine the level of competition that exists in your region or country or in another area for which you have access to sufficient information. Discuss any difference that you observe between the basic model and the electricity market implementation in this area. Identify the companies that participate … Read more

The inverse demand function of a group of consumers for a given type of widgets is given by the following expression: π = −10q + 2000[$] where q is the demand and π is the unit price for this product I.            Determine the maximum consumption of these consumers II.            Determine the price that no consumer … Read more

The rules of the Syldavian electricity market stipulate that all participants must trade energy exclusively through the Power Pool. However, the Syldavia Aluminum Company (SALCo) and the Northern Syldavia Power Company (NSPCo) have signed a contract for difference for the delivery of 200 MW on a continuous basis at a strike price of 16 $/MWh. … Read more

The Syldavian Power and Light Company owns one generating plant and serves some load. It has been actively trading in the electricity market and has established the following position for 11 June between 10 : 00 and 11 : 00 A.M.: Long-term contract for the purchase of 600 MW during peak hours at a price … Read more

A small power system consists of two buses connected by three transmission lines. Assuming that this power system must be operated according to the N-1 security criterion and that its operation is constrained only by thermal limits on the transmission lines, calculate the maximum power transfer between these two buses for each of the following … Read more

A generator is connected to a large power system by a double circuit transmission line. Each line has a negligible resistance and a reactance of 0.2 p.u. The transient reactance of the generator is 0.8 p.u. and its inertia constant is 3 s. The large power system can be modeled as an infinite bus and … Read more

Consider a power system with two buses and two lines. One of these lines has a reactance of 0.25 p.u. and the other a reactance of 0.40 p.u. The series resistances and shunt susceptances of the lines are negligible. A generator at one of the buses maintains its terminal voltage at nominal value and produces … Read more

Identify the documents governing the provision of ancillary services in the region where you live or in another region of your choice. Determine the mechanism used to obtain each service. When services are compulsory, determine their parameters (e.g. minimum lead and lag power factor for generators). When services are procured on a competitive basis, describe … Read more