Effectiveness of real-time electricity prices depends upon consumers being willing to subscribe to them and being able to curb their consumption levels. The present paper addresses both issues by considering consumers differentiated by their saving costs in the stylized real-time pricing model...

Effectiveness of real-time electricity prices depends upon consumers being willing to subscribe to them and being able to curb their consumption levels. The present paper addresses both issues by considering consumers differentiated by their saving costs in the stylized real-time pricing model...

Effectiveness of real-time electricity prices depends upon consumers being willing to subscribe to them and being able to curb their consumption levels. The present paper addresses both issues by considering consumers differentiated by their saving costs in the stylized real-time pricing model...

This paper presents the short-term hourly scheduling of industrial and commercial customers with cogeneration facilities, conventional power units, and heat-only units. In order to serve the power and heat demands of the customer with minimum cost, demand response (DR) program has been...

This paper presents a stochastic programming framework for solving the scheduling problem faced by an industrial customer with cogeneration facilities, conventional power production system, and heat only units. The power and heat demands of the customer are supplied considering demand response...