Time-of-Use Tariff Design Under Uncertainty in Price-Elasticities of Electricity Demand: A Stochastic Optimization Approach

Time-of-use (ToU) electricity tariffs are currently employed or considered for implementation in many jurisdictions around the world. In ToU modalities, a set of different tariffs for different hours of the day and/or seasons of the year is defined at the beginning of a given horizon, and then kept...

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Bibliographic Details

Published in:	IEEE transactions on smart grid Vol. 4; no. 4; pp. 2285 - 2295
Main Authors:	de Sa Ferreira, Rafael, Barroso, Luiz Augusto, Rochinha Lino, Priscila, Carvalho, Martha Martins, Valenzuela, Paula
Format:	Journal Article
Language:	English
Published:	Piscataway IEEE 01.12.2013 The Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subjects:	Cost function Demand response Economics Electricity electricity tariff design Load management Mathematical model quadratically constrained quadratic programming stochastic optimization time-of-use tariffs Uncertainty
ISSN:	1949-3053, 1949-3061
Online Access:	Get full text
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