Title :
Dynamic pricing [of electricity]
Author :
Yang, Jian ; Anderson, Max D.
Author_Institution :
GE Power Syst. Energy Consulting, Schenectady, NY, USA
Abstract :
A new, comprehensive, dynamic pricing method for use-of-transmission-system charges is presented in this paper. The embedded and running costs are both factored into the price. In this way, prices are fair to customers but also provide "incentives" for transmission companies to keep up their good work.
Keywords :
costing; electricity supply industry; power transmission economics; customers; dynamic electricity pricing method; embedded costs; running costs; transmission companies; use-of-transmission-system charges; Availability; Control systems; Costs; Distributed parameter circuits; Frequency response; Investments; Power transmission lines; Pricing; Transmission lines; Voltage control;
Journal_Title :
Potentials, IEEE
