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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 ...