A SCUC-based approach to determine time-of-use tariffs

Mozafari, Babak; Bashirvand, Mahdi; Nikzad, Mehdi; Solaymani, Soodabeh

doi:10.1109/eeeic.2012.6221416

Cited by 7 publications

(1 citation statement)

References 12 publications

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“…Further, pricing periods are defined according to time of day, day of week or season and they are fixed and announced monthly in advance in TOU tariff. However, the defined prices are inflexible [9]. The seasonal flat pricing has a fixed value for a season and varies for different seasons.…”

Section: Introductionmentioning

confidence: 99%

A novel real time pricing scheme for demand response in residential distribution systems

Vivekananthan

Mishra

Ledwich

2013

IECON 2013 - 39th Annual Conference of the IEEE Industrial Electronics Society

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Price based technique is one way to handle increase in peak demand and deal with voltage violations in residential distribution systems. This paper proposes an improved real time pricing scheme for residential customers with demand response option. Smart meters and in-home display units are used to broadcast the price and appropriate load adjustment signals. Customers are given an opportunity to respond to the signals and adjust the loads. This scheme helps distribution companies to deal with overloading problems and voltage issues in a more efficient way. Also, variations in wholesale electricity prices are passed on to electricity customers to take collective measure to reduce network peak demand. It is ensured that both customers and utility are benefitted by this scheme.

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Section: Introductionmentioning

confidence: 99%