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Time-of-use pricing of electricity in monopoly and oligopoly
(OPSEARCH, 2020-07-21)
This paper discusses the efficiency gains for time-of-use pricing over flat-rate pricing in the electricity sector. The electricity market may be characterised by a monopoly in some cases, where a single firm continues to ...
A novel method of market segmentation and market study for dynamic pricing of retail electricity in India: an experimental approach in a university setup
(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 ...