Coupon Incentive-Based Demand Response: Theory and Case Study

@article{Zhong2013CouponID,
  title={Coupon Incentive-Based Demand Response: Theory and Case Study},
  author={Haiwang Zhong and Le Xie and Qing Xia},
  journal={IEEE Transactions on Power Systems},
  year={2013},
  volume={28},
  pages={1266-1276}
}
This paper presents the formulation and critical assessment of a novel type of demand response (DR) program targeting retail customers (such as small/medium size commercial, industrial, and residential customers) who are equipped with smart meters yet still face a flat rate. Enabled by pervasive mobile communication capabilities and smart grid technologies, load serving entities (LSEs) could offer retail customers coupon incentives via near-real-time information networks to induce demand… CONTINUE READING
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