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 journalArticlepeer-review

3 Citations (Scopus)


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 languageEnglish
Pages (from-to)23-34
Number of pages12
JournalInternational Journal of Electrical Power and Energy Systems
Issue number1
Publication statusPublished - 1994
Externally publishedYes


  • electricity tariffs
  • load management
  • price modelling
  • Spot-pricing


Dive into the research topics of 'Spot-pricing: evaluation simulation and modelling of dynamic tariff structures'. Together they form a unique fingerprint.

Cite this