| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 4651569 | Electronic Notes in Discrete Mathematics | 2016 | 8 Pages |
Abstract
Smart metering in electricity markets offers an opportunity to explore more diverse tariff structures. In this article a Genetic Algorithm (GA) is used to design Time of Use tariffs that minimise the wholesale risk to the supplier in residential markets. Residential demand and the System Marginal Price of Ireland's Single Electricity Market are simulated to estimate the wholesale risk associated with each tariff.
Keywords
Related Topics
Physical Sciences and Engineering
Mathematics
Discrete Mathematics and Combinatorics
Authors
William Rogers, Paula Carroll,