Minimizing the Electricity Bill of Cooperative Users under a Quasi-Dynamic Pricing Model

@article{Hatami2010MinimizingTE,
  title={Minimizing the Electricity Bill of Cooperative Users under a Quasi-Dynamic Pricing Model},
  author={S. Hatami and Massoud Pedram},
  journal={2010 First IEEE International Conference on Smart Grid Communications},
  year={2010},
  pages={421-426}
}
  • S. Hatami, Massoud Pedram
  • Published 2010
  • Computer Science
  • 2010 First IEEE International Conference on Smart Grid Communications
  • Dynamic energy pricing is a promising development that addresses the concern of finding an environmentally friendly solution to meeting energy needs of customers while minimizing their electrical energy bill. In this paper, we mathematically formulate the electrical energy bill minimization problem for cooperative networked consumers who have a single energy bill, such as those working in a commercial/industrial building. The idea is to schedule user requests for appliance use at different… CONTINUE READING
    66 Citations

    Figures and Tables from this paper.

    Negotiation-based task scheduling to minimize user’s electricity bills under dynamic energy prices
    • 16
    • PDF
    Demand-side load scheduling incentivized by dynamic energy prices
    • 67
    • PDF
    Concurrent optimization of consumer's electrical energy bill and producer's power generation cost under a dynamic pricing model
    • 30
    • PDF
    Profit maximization for utility companies in an oligopolistic energy market with dynamic prices
    • 9
    • PDF
    A Probability Theory Based Price Determination Framework for Utility Companies in an Oligopolistic Energy Market
    A game-theoretic price determination algorithm for utility companies serving a community in smart grid
    • 14
    • PDF
    Efficient scheme model for electric power tariffs with distributed generation, based on demand response
    • 1

    References

    SHOWING 1-7 OF 7 REFERENCES
    Automated Critical Peak Pricing (Auto-CPP) Pilot for Large Commercial Facilities " PIER Demand Response Research Center
    • Automated Critical Peak Pricing (Auto-CPP) Pilot for Large Commercial Facilities " PIER Demand Response Research Center
    How it works " Power Smart Pricing. http://www.powersmartpricing.org/how-it-works
    • How it works " Power Smart Pricing. http://www.powersmartpricing.org/how-it-works
    How it works ” Power Smart Pricing
    • “ Market - Based Dynamic Pricing Integral to Smart Grid Implementation , Climate Change Mitigation ” Compete : Electricity Competition is the Public Interest
    Market-Based Dynamic Pricing Integral to Smart Grid Implementation, Climate Change Mitigation” Compete: Electricity Competition is the Public Interest
    • 2009
    MathWorks -Accelerating the pace of engineering and science
    • MathWorks -Accelerating the pace of engineering and science
    “ Policy and Economic Issues in Dynamic Electricity Pricing