Title :
Time-of-day electricity pricing using optimal mix of generation system
Author :
Yen, M.S. ; He, Y.-Q. ; Zhuang, S.C.
Author_Institution :
Shanghai Univ. of Technol., China
Abstract :
A systemic pricing method for power systems has been developed to obtain the time-of-day price for generation plant operation assessment and the time-of-day tariffs for consumer bill. The method presented by the authors is an hourly time-of-day pricing system based on the optimal mix of generation system. By means of time-of-day pricing, power plants are encouraged to follow peak load and consumers are guided to shift their peak demand to off-peak time of system
Keywords :
electricity supply industry; optimisation; power consumption; power station load; tariffs; consumers; demand; generation mix; optimisation; peak load; power plants; power systems; pricing; time-of-day tariffs;
Conference_Titel :
Electricity Distribution, 1993. CIRED. 12th International Conference on
Conference_Location :
Birmingham
Print_ISBN :
0-85296-561-3
