Is real-time electricity pricing suitable for residential users without demand-side management?
TLDR
In this article, the authors studied the economic impact if customers would shift to RTP contracts without adopting demand-side management and found that the RTP electricity contract offer a considerable economic savings potential even without enabling consumer demand-level management.About:
This article is published in Energy.The article was published on 2016-08-15 and is currently open access. It has received 59 citations till now. The article focuses on the topics: Electricity pricing & Electricity market.read more
Citations
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User satisfaction-induced demand side load management in residential buildings with user budget constraint
TL;DR: In this article, a demand side load management technique that is capable of controlling loads within the residential building in such a way that the user satisfaction is maximized at minimum cost is presented.
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A modelling tool selection process for planning of community scale energy systems including storage and demand side management
TL;DR: A process to be used to make a stepwise tool selection process consisting of a tool capability categorisation, and findings including gaps to be addressed and future trends in modelling of such systems are highlighted.
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A review of optimal charging strategy for electric vehicles under dynamic pricing schemes in the distribution charging network
Adil Amin,Wajahat Ullah Khan Tareen,Muhammad Usman,Haider Ali,Inam Bari,Ben Horan,Saad Mekhilef,Muhammad Asif,Saeed Ahmed,Anzar Mahmood +9 more
TL;DR: A critical review on EVs’ optimal charging and scheduling under dynamic pricing schemes, namely, Real Time Pricing (RTP), Time of Use (ToU), Critical Peak Pricing (CPP), and Peak Time Rebates (PTR), is presented.
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Overview of the Optimal Smart Energy Coordination for Microgrid Applications
TL;DR: An overview of an intelligent energy management system for microgrid applications is intensively detailed to structure the implementation strategies which aim to coordinate the energy flow of an electrical system optimally.
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Assessing the success of electricity demand response programs: A meta-analysis
TL;DR: In this article, the authors conduct a meta-analysis of 32 electricity demand response programs in the residential sector to understand whether their success is dependent on specific characteristics such as socio-economic conditions in which the programs are implemented.
References
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Dynamic Pricing, Advanced Metering, and Demand Response in Electricity Markets
TL;DR: In this paper, the authors present an overview and analysis of the possible approaches to bringing an active demand side into electricity markets and discuss the fundamental economics of establishing these incentives and the economic loss from systems that lack demand-side participation, and analyze the effect of these incentives on the efficiency and competitiveness of the market.
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Smart grids, smart users? The role of the user in demand side management
TL;DR: In this paper, the authors consider the role of the user in the smart grid, and the contexts in which such roles might emerge, and propose that smart grid designs must look beyond simply the technology and recognise that smart user who is actively engaged with energy is critical to much of what is proposed by demand side management.
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Price-based demand side management: Assessing the impacts of time-of-use tariffs on residential electricity demand and peak shifting in Northern Italy
TL;DR: In this paper, the impacts of TOU tariffs on a dataset of residential users from the Province of Trento in Northern Italy in terms of changes in electricity demand, price savings, peak load shifting and peak electricity demand at sub-station level.
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Demand response in electrical energy supply: An optimal real time pricing approach
Pedro Faria,Zita Vale +1 more
TL;DR: In this article, the authors present DemSi, a demand response simulator that allows studying demand response actions and schemes in distribution networks, and the use of DemSi by a retailer in a situation of energy shortage, is presented.
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Social implications of residential demand response in cool temperate climates
Sarah Darby,Eoghan McKenna +1 more
TL;DR: In this paper, the authors evaluate the propositions that households in cool temperate climates will be in a position to contribute to grid flexibility within the next decade, and that they will allow some automated load control.
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