Profit maximization algorithms for utility companies in an oligopolistic energy market with dynamic prices and intelligent users

Profit maximization algorithms for utility companies in an oligopolistic energy market with dynamic prices and intelligent users

Dynamic energy pricing provides a promising solution for the utility companies to incentivize energy users to perform demand side management in order to minimize their electric bills. Moreover, the emerging decentralized smart grid, which is a likely infrastructure scenario for future electrical pow...

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Bibliographic Details
Main Authors: Tiansong Cui, Yanzhi Wang, Shahin Nazarian, Massoud Pedram
Format: Article
Language:English
Published: AIMS Press 2016-01-01
Series:AIMS Energy
Subjects:
smart grid
dynamic pricing
machine learning
oligopolistic market
Online Access:http://www.aimspress.com/energy/article/610/fulltext.html

Internet

http://www.aimspress.com/energy/article/610/fulltext.html

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