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Journal article

Dynamics between power consumption and economic growth at aggregated and disaggregated (sectoral) level using the frequency domain causality

Authors : Ashutosh, Dash (2022)

We investigated the Granger causal relationship between the consumption of power both at the aggregate and sectoral level and economic growth in India using the frequency domain approach, which would help policy makers seek the efficient allocation of electricity via proper policy initiatives at different frequencies. We find that at the aggregate level, unidirectional causality runs from the total power consumption to economic growth, starting&...

Journal article

Optimal electricity cost minimization of a gridinteractive pumped hydro storage using ground water in a dynamic electricity pricing environment

Authors : Kusakana, Kanzumba (2019)

The electricity price arbitrage from the utility grid can be a major source of revenue for energy storage systems. In most countries, the electricity price is tightly regulated by their government statutory authority or energy regulator to which obey the different power utility and distribution companies. It is worthwhile analyzing whether energy storage systems, such as Pumped Hydro Storage systems (PHS) using ground water, are economicall...