Critical peak rebate strategy and application to demand response
Abstract Time-of-use (TOU) pricing strategy is an important component of demand-side management (DSM), but the cost of supplying power during critical peak periods remains high under TOU prices. This affects power system reliability. In addition, TOU prices are usually applicable to medium- and long...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
SpringerOpen
2021-09-01
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| Series: | Protection and Control of Modern Power Systems |
| Subjects: | |
| Online Access: | https://doi.org/10.1186/s41601-021-00206-x |