This paper considers the time of use (TOU) pricing scheme to propose a consumer aware
pricing policy (CAPP), where each customer receives a separate electricity pricing signal …

Day-ahead electricity pricing is an important strategy for electricity providers to improve grid
stability through load scheduling. In this paper, we investigate a general framework for …

In most demand response (DR) based residential load management systems, shifting a
considerable amount of load in low price intervals reduces end user cost, however, it may …

With the increasing demand for electricity and the advent of smart grids, developed countries
are establishing demand side management (DSM) techniques to influence consumption …

This paper proposes a real-time pricing scheme that reduces the peak-to-average load ratio
through demand response management in smart grid systems. The proposed scheme …

In this paper, the price elasticity of electrical demand is studied in a smart grid framework
where electricity loads are scheduled by distributed Energy Management Controller (EMC) …

In this paper, we propose a Multitype-users Welfare Equilibrium based Real-Time Pricing
scheme to determine effective electricity prices in smart grid to achieve welfare equilibrium …

Real-time electricity pricing strategies for demand response in smart grids are proposed. By
accounting for individual consumers' responsiveness to prices, adjustments are made so as …

A conventional power grid is criticized by its poor capability of power usage management,
especially in handling dynamically varying power demands over time. The concept of smart …

Real-time availability of electricity prices via a smart power grid has a potential bilateral
benefit to electricity users and suppliers. The users can reduce their costs by consuming …