The introduction of smart technology and dynamic tariffs (such as time-of-use tariffs) provides multiple potential benefits for electricity markets. However, time-of-use tariffs represent an additional complexity for consumer tariff choices in electricity markets. How well consumers may choose...

The introduction of smart technology and dynamic tariffs (such as time-of-use tariffs) provides multiple potential benefits for electricity markets. However, time-of-use tariffs represent an additional complexity for consumer tariff choices in electricity markets. How well consumers may choose...

Using an agent-based modeling approach we show how personal attributes, like conformity or indifference, impact the opinions of individual electricity consumers regarding switching to innovative dynamic tariff programs. We also examine the influence of advertising, discomfort of usage and the...

This paper develops two optimal control models for the energy management of a mining crushing process based on jaw crushers. The performance index for both models is defined as the energy cost to be minimized by accounting for the time-of-use electricity tariff. The first model is referred to as...

This paper investigates an electricity time-of-use (TOU) tariff problem with the consideration of consumer behavior. Under the TOU tariff, we consider two periods: the peak and base periods. A two-level model is established to solve the TOU tariff problem: in the upper level, the producer...

This paper presents an approach for calculating a tariff for electrical energy distribution systems. The methodology is similar to the standard tariff-calculation method used in Brazil. The approach combines the concepts of time-of-use tariffs and Ramsey prices. The process, initially designed...