Spot-pricing: evaluation simulation and modelling of dynamic tariff structures

JR McDonald; PA Whiting; KL Lo

doi:10.1016/0142-0615(94)90055-8

Spot-pricing: evaluation simulation and modelling of dynamic tariff structures

JR McDonald^*, PA Whiting, KL Lo

^*Corresponding author for this work

Research output: Contribution to journal › Article › peer-review

3 Citations (Scopus)

Abstract

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.

Original language	English
Pages (from-to)	23-34
Number of pages	12
Journal	International Journal of Electrical Power and Energy Systems
Volume	16
Issue number	1
DOIs	https://doi.org/10.1016/0142-0615(94)90055-8
Publication status	Published - 1994
Externally published	Yes

Keywords

electricity tariffs
load management
price modelling
Spot-pricing

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10.1016/0142-0615(94)90055-8

Cite this

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Spot-pricing: evaluation simulation and modelling of dynamic tariff structures

Abstract

Keywords

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