Journal ArticleDOI
Optimal demand-side response to electricity spot prices for storage-type customers
TLDR
An overview of a fast, optimal, nonsimplex algorithm applicable to single storage electricity consuming processes and a case study involving an air compression company demonstrates the application of the algorithm and shows the economic effects of industrial customer response to the spot pricing of electricity.Abstract:
The customer response to spot prices is discussed. The factors that allow flexible customer response without service curtailments are identified. An overview of a fast, optimal, nonsimplex algorithm applicable to single storage electricity consuming processes is presented. A case study involving an air compression company demonstrates the application of the algorithm and shows the economic effects of industrial customer response to the spot pricing of electricity. >read more
Citations
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Journal ArticleDOI
Smart Grid Users Benefits Based on DSM Algorithm Mathematical Optimization Problems Studied
TL;DR: It is demonstrated that optimization of energy consumption, distributed generation and storage contribute towards mutually beneficial and satisfactory Demand Side Management algorithms that can be installed into consumer smart meters or in Home Energy Storage.
Proceedings ArticleDOI
Incorporating Parking Lot and Demand Response in Energy Procurement of a Commercial Complex as a Smart Large Consumer
TL;DR: In this article, a model for energy management of a smart large consumer (SLC) like Kourosh commercial complex, concluding PREVs parking lot, photovoltaic (PV), wind turbines (WT), and non-renewable sources (fuel cell (FC), micro-turbine (MT)).
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Optimization of battery management in telecommunications networks under energy market incentives
Automated demand response applied to a set of commercial buildings
TL;DR: In this paper, the authors submitted a Partial Fulfillment of the Requirements for the degree of Doctor of Philosophy Engineering at the University of New Mexico (UNM) in New Mexico.
Journal ArticleDOI
Decentralised operation of residential energy resources in the smart grid
Ashish R. Hota,Prabodh Bajpai +1 more
TL;DR: In this paper, an agent-based framework is proposed for developing suitable control strategies for operations of four different types of residential-level DERs, which are storage devices, photo voltaic systems, and two variants of combined heat and power plants.
References
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Book
Spot Pricing of Electricity
TL;DR: In this paper, the authors present a method to find the most relevant information from Bibliogr. : p. 255-266. Index Reference Record created on 2004-09-07, modified on 2016-08-08
Journal ArticleDOI
Optimal Spot Pricing: Practice and Theory
TL;DR: In this paper, a new concept of electricity pricing referred to as "spot pricing" is presented and a set of rates related to optimal spot prices are proposed and their applicability is discussed in view of different customer characteristics, metering, and communication costs.
Journal ArticleDOI
Algorithms for a spot price responding residential load controller
TL;DR: In this paper, the authors present the functions to be fulfilled by such a price-responsive device and describe the end-user devices available in residences and the control logics applicable to each.
Dissertation
Spot pricing of public utility services
TL;DR: Schmalensee et al. as discussed by the authors analyzed how public utility prices should be changed over time and space, and showed that the optimal timing and mix of recalculations and predetermined changes depend on: the transactions costs of each type of change; the stochastic and deterministic rates of change of full spot prices; and the ability of customers and suppliers to change behavior in response to different price patterns.