Enhanced Time-of-Use Electricity Price Rate Using Game Theory

The emergence of the Demand Response (DR) program optimizes the energy consumption pattern of customers and improves the efficacy of energy supply. The pricing infra-structure of the DR program is dynamic (time-based). It has rather complex features including marginal costs, demand and seasonal para...

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Bibliographic Details
Main Authors: Adia Khalid, Nadeem Javaid, Abdul Mateen, Manzoor Ilahi, Tanzila Saba, Amjad Rehman
Format: Article
Language:English
Published: MDPI AG 2019-01-01
Series:Electronics
Subjects:
Online Access:http://www.mdpi.com/2079-9292/8/1/48