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Critical peak pricing 1 Demand response 1 Deregulation 1 Load serving entity 1 Profit maximization 1
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Jin, Y.G. 1 Park, S.C. 1 Song, H.Y. 1 Yoon, Y.T. 1
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Energy 1
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Designing a critical peak pricing scheme for the profit maximization objective considering price responsiveness of customers
Park, S.C.; Jin, Y.G.; Song, H.Y.; Yoon, Y.T. - In: Energy 83 (2015) C, pp. 521-531
price risk issue because the load serving entity sells electricity to customers at a relatively frozen retail rate. One … pricing scheme, namely critical peak pricing for a profit-maximizing load serving entity. Specifically, how the parameters of … and rules for selecting those parameters that maximize the profit of the load serving entity. Finally, the suitability and …
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