After the first power plant in history was commissioned for commercial operation by Thomas Edison on Pearl Street in New York in 1882, electricity was sold as a consumer product at market prices. After a period of rapid development, electricity had become such a fundamental product that regulation was believed to be necessary. Since then, the power
Hengjie Li, Yun Zhou, Donghan Feng, Chen Fang, Nier Wang, P. R. China) Li, Hengjie, PhD (School of Automation and Electrical Engineering, Lanzhou University of Technology, Lanzhou, P. R. China) Zhou, Yun, PhD (School of Electrical Engineering, Shanghai Jiao Tong University, Shanghai, P. R. China) Feng, Donghan (School of Electrical Engineering, Shanghai Jiao Tong University, Shanghai, P. R. China) Fang, Chen, PhD (State Grid Shanghai Municipal Electric Power Company, Shanghai, P. R. China) Wang, Nier, PhD (School of Automation and Electrical Engineering, Lanzhou University of Technology, Lanzhou