Demand response scheme based on lottery-like rebates
In this paper, we develop a novel mechanism for reducing volatility of residential demand for electricity. We construct a reward-based (rebate) mechanism that provides consumers with incentives to shift their demand to off-peak time. In contrast to most other mechanisms proposed in the literature, t...
| Main Authors: | , , , |
|---|---|
| Other Authors: | |
| Format: | Article |
| Language: | English |
| Published: |
International Federation of Automatic Control,
2016-02-29T18:19:30Z.
|
| Subjects: | |
| Online Access: | Get fulltext |