With the privatization of the electric power industry in the UK, great interest is being shown in the likely relationship between suppliers and consumers in the new market scenario far energy sale and purchase. In an effort to improve utility economies, it is expected that greater use will be made of load management techniques, both direct and indirect. The use of dynamic or spot-prices offers the means which is most consistent with market economics while still providing the utility with a load management alternative whenever necessary.
|Number of pages||12|
|Journal||International Journal of Electrical Power and Energy Systems|
|Publication status||Published - 1994|
- electricity tariffs
- load management
- price modelling