Incentive-based demand response model for maximizing benefits of electricity retailers
The change of customer behaviors and the fluctuation of spot prices can affect the benefits of electricity retailers. To address this issue, an incentive-based demand response (DR) model involving the utility and elasticity of customers is proposed for maximizing the benefits of retailers. The benef...
Main Authors: | , , , , , |
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Format: | Article |
Language: | English |
Published: |
IEEE
2019-01-01
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Series: | Journal of Modern Power Systems and Clean Energy |
Subjects: | |
Online Access: | https://ieeexplore.ieee.org/document/8982270/ |