Article ID Journal Published Year Pages File Type
1734594 Energy 2011 12 Pages PDF
Abstract
► Composite Demand Function represents demand vs. price function for customer groups. ► Dynamic self elasticities are extracted by differentiating demand functions. ► Comprehensive DR model is developed based on CDF and dynamic price elasticities. ► CDR model represents customers' behavior and predicts their response to DR programs. ► Day-ahead real time pricing is conducted based on the principles of Q-learning.
Related Topics
Physical Sciences and Engineering Energy Energy (General)
Authors
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