Flexible strategies for load/demand management using dynamic pricing

The need for and potential role of flexible pricing options which offer an efficient means for achieving a utility's load demand management objectives are discussed. The focus is on dynamic tariffs. By incorporating real-time features within one or more key parameters of the tariff, such pricin...

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Bibliographic Details
Published in:IEEE transactions on power systems 1989-02, Vol.4 (1), p.83-93
Main Author: Sanghvi, A.P.
Format: Article
Language:English
Subjects:
Applied sciences
Cogeneration
Costs
Electrical engineering. Electrical power engineering
Electrical power engineering
Environmental economics
Exact sciences and technology
Industrial economics
Load management
Natural gas
Operation. Load control. Reliability
Power generation economics
Power networks and lines
Pricing
Samarium
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Summary:The need for and potential role of flexible pricing options which offer an efficient means for achieving a utility's load demand management objectives are discussed. The focus is on dynamic tariffs. By incorporating real-time features within one or more key parameters of the tariff, such pricing options can be tailored to offer the degree of flexibility that is necessary and cost effective for achieving the given demand management objective(s).< >
ISSN:0885-8950
1558-0679
DOI:10.1109/59.32461