xmlui.ArtifactBrowser.SimpleSearch.filter.source:Proceedings of the 33rd International Business Information Management Association Conference, IBIMA 2019 : Education Excellence and Innovation Management through Vision 2020
xmlui.ArtifactBrowser.SimpleSearch.filter.event33rd International Business Information Management Association Conference: Education Excellence and Innovation Management through Vision 2020, IBIMA 2019 (10.04.2019 - 11.04.2019, Granada)
Abstract:
Electricity transmission grids need to be operated in a safe, affordable, reliable, predictable and sustainable manner. To do so, innovations in the electricity transmission industry have progressed in response to strict regulations and the unavoidable aging of transmission network infrastructure. Electric-power blackouts and increase in electricity demand equally put pressure on the transmission grid, which further buttress the need for more innovative tools and working methods for the transmission grid. The Nigerian electricity industry have received much attention as regards restructuring. To date, almost every segment of the industry has undergone restructuring in order to introduce formal markets as a vehicle for electricity transactions in the country, except for the transmission company. This paper talks about electric-power transmission innovations for improved electricity product development inclusive of: Contract networks for electric-power transmission; Spot pricing of electric-power transmission service; Prioritization of electricity transactions and related curtailment strategies for managing transmission congestion; Marginal pricing of transmission services; And robotics application to electricity transmission lines maintenance. A case study has been presented investigating employee's perspective of innovative electricity product development on the performance of the transmission company of Nigeria.