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A two-part dynamic pricing policy for household electricity consumption scheduling with minimized expenditure
(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 ...
A literature review on dynamic pricing of electricity
(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
(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 ...