Browsing by Author "Mitra, Krishnendranath"
Now showing items 1-6 of 6
-
Dynamic Pricing of Electricity: A Survey of Related Research
Dutta, Goutam; Mitra, Krishnendranath (Indian Institute of Management Ahmedabad, 2015)In this paper, we survey 82 papers related to revenue management and dynamic pricing of electricity and lists future research avenues in this field. Dynamic pricing has the potential to modify electric load profiles by ... -
Electricity consumption scheduling with energy storage, home-based renewable energy production and a customized dynamic pricing scheme
Mitra, Krishnendranath; Dutta, Goutam (Indian Institute of Management Ahmedabad, 2016)In this paper we propose a scheduling model for electrical appliances in a dynamic pricing environment. Initially we have given a vector of price points for the next twenty four hours. We have developed an optimization ... -
A literature review on dynamic pricing of electricity
Dutta, Goutam; Mitra, Krishnendranath (Journal of the Operational Research Society, 2017)Revenue management and dynamic pricing are concepts that have immense possibilities for application in the energy sector. Both can be considered as demand-side management tools that can facilitate the offering of different ... -
A novel method of market segmentation and market study for dynamic pricing of retail electricity in India: an experimental approach in a university setup
Mitra, Krishnendranath; Dutta, Goutam (Palgrave Macmillan, 2021-03-21)Dynamic pricing with automation and option to sell in-house-generated renewable energy to the grid attract consumers to the future retail electricity market. Real-time pricing of electricity in the Indian context has not ... -
Study of retail electricity consumers’ response and perception regarding electricity consumption
Mitra, Krishnendranath; Dutta, Goutam (Indian Institute of Management Ahmedabad, 2018)The price of retail electricity is restricted by regulations and have not increased at a same pace with the ever-growing demand of electricity. However, there exists a considerable amount of consumer surplus that can be ... -
A two-part dynamic pricing policy for household electricity consumption scheduling with minimized expenditure
Dutta, Goutam; Mitra, Krishnendranath (Elsevier, 2018-02-22)In this paper we propose an optimization model for scheduling electrical appliances for an individual household. Here, customers are offered dynamic prices which are a function of that household’s planned consumption and ...