A Model for Efficient Consumer Pricing Schemes in Electricity Markets

Çelebi, Emre; Fuller, J. David

doi:10.1109/tpwrs.2006.888956

Cited by 117 publications

(54 citation statements)

References 23 publications

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“…computed by summing over all customer-tariff pairs (line [6][7][8][9][10][11] Since new subscribers to the candidate tariff must migrate from other tariffs (published by either TacTex-13 or its competitors), TacTex-13 uses a normalization step after which all tariff subscriptions are scaled proportionally so that the total number of predicted subscriptions equals the customer's population size (line 13). Typically, part of the population is subscribed to competitors.…”

Section: Tactex-13's Instantiation Of Latte's Phasementioning

confidence: 99%

“…In recent years, two types of pricing-based DSM have attracted growing attention both in academia and in industry: Time-Of-Use (TOU) tariffs, and RealTime-Pricing (RTP) tariffs [130,15,16,127,10,95,65,11]. TOU tariffs were used for a long time in various countries for large customers, e.g.…”

Section: Time-of-use Tariffs and Demand-side Managementmentioning

confidence: 99%

“…For example, as of the current date, residential TOU pricing schemes are proposed to take effect in California starting January 2019 [91]. Existing work on TOU tariffs either has not considered competitive retail markets or has used more abstract, smaller-scale simulations compared with Power TAC [130,127,10,14,118,1,107,131,19]. In Power TAC, to the best of our knowledge the first broker that used TOU tariffs was Mertacor13 [66] (see Section 8.5).…”

Section: Time-of-use Tariffs and Demand-side Managementmentioning

confidence: 99%

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Autonomous trading in modern electricity markets

Urieli

2016

AI Matters

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The smart grid is envisioned to be a main enabler of sustainable, clean, efficient, reliable, and secure energy supply (U.S. Department of Energy, 2003). One of the milestones in the smart grid vision will be programs for customer participation in electricity markets through demand-side management and distributed generation; electricity markets will incentivize customers to adapt their demand to supply conditions, which will help to utilize intermittent energy resources such as from solar and wind, and to reduce peak-demand.

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Section: Tactex-13's Instantiation Of Latte's Phasementioning

confidence: 99%

Section: Time-of-use Tariffs and Demand-side Managementmentioning

confidence: 99%

Section: Time-of-use Tariffs and Demand-side Managementmentioning

confidence: 99%

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Autonomous trading in modern electricity markets

Urieli

2016

AI Matters

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“…VazquezC considered that the electricity selling companies need to combine their own situation, and make a depth analysis of the influence of multiple selling price mode combination on electricity selling companies [3] . CelebiE, ValeryA mainly introduced different forms of electricity pricing, and analyzed the response of different users to TOU power price [4][5] .…”

Section: Introductionmentioning

confidence: 99%

Research on the operational risk evaluation model of the electricity selling company under the reform of transmission and distribution price

Weng¹,

Zhao²,

Chen³

et al. 2018

2018 International Conference on Education Technology and Social Sciences (ETSOCS 2018)

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Abstract.With the gradual liberalization of the marketing electricity side in China, the newly established electricity selling companies, in the operation process, will face operational risks from multiple aspects. First, in this paper, the index system of operational risk evaluation for electricity selling companies is established, and 4 first grade indexes and 12 secondary indexes are determined. Then, the matter-element extension model which can fully consider the factors of material and quantity of things to be evaluated is taken as the evaluation model. Finally, an electric company is selected as an example to analyze its operational risk degree.

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“…ToU tariffs are often among the first time-varying approaches employed in areas in which retail consumers have been previously exposed exclusively to flat tariffs, with no differentiation over time. There may be several reasons for initially adopting ToU tariffs [3]- [4], one of the most relevant being that the relative simplicity of this tariff modality may facilitate its acceptance by consumers used to flat tariffs.…”

Section: Introductionmentioning

confidence: 99%

Time-of-use tariffs in Brazil: Design and implementation issues

Ferreira

Barroso

Lino

et al. 2013

2013 IEEE PES Conference on Innovative Smart Grid Technologies (ISGT Latin America)

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In late 2011, the Brazilian Electricity Regulatory Agency approved a new tariff structure for distribution services. This included the creation of the White Tariff, a time-of-use (ToU) tariff modality for retail consumers connected to lowvoltage distribution grids. Brazil is currently conducting an ambitions smart meter roll-out plan, and consumers will be able to opt for ToU tariffs in the coming years. In preparation for that, the regulator has started the definition of the economic signals embedded in ToU tariffs for several distribution utilities, at the occasion of their multi-annual Tariff Review processes. This has been done despite of the fact that virtually no countryspecific data on demand response to electricity prices is currently available, which brings additional difficulties to the process. In this paper, we discuss the design and implementation of ToU tariffs in Brazil, highlighting lessons learned so far and coming challenges, from an economic and regulatory perspective.

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A Model for Efficient Consumer Pricing Schemes in Electricity Markets

Cited by 117 publications

References 23 publications

Autonomous trading in modern electricity markets

Autonomous trading in modern electricity markets

Research on the operational risk evaluation model of the electricity selling company under the reform of transmission and distribution price

Time-of-use tariffs in Brazil: Design and implementation issues

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