Publication:
Residential demand response scheme based on adaptive consumption level pricing

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dc.citedby41
dc.contributor.authorHaider H.T.en_US
dc.contributor.authorSee O.H.en_US
dc.contributor.authorElmenreich W.en_US
dc.contributor.authorid57038392900en_US
dc.contributor.authorid16023044400en_US
dc.contributor.authorid6505948861en_US
dc.date.accessioned2023-05-29T06:11:25Z
dc.date.available2023-05-29T06:11:25Z
dc.date.issued2016
dc.descriptionDemand side management; Economics; Electric utilities; Energy utilization; Housing; Sales; Advance metering infrastructure; Aggregate consumption; Consumption levels; Demand response; Energy bills; Pricing scheme; Smart grid; Time of use; Costs; adaptive management; demand-side management; energy conservation; energy use; infrastructural development; price determination; residential energyen_US
dc.description.abstractDemand response aims to change the energy consumption patterns of normal customers in response to changes in price rate or incentive offers. This process reduces peak loads and in turn potentially lowers the energy cost for customers. In this study, we propose a new demand response scheme on the basis of an adaptive consumption level pricing scheme. On the one hand, this strategy encourages customers to manage their energy consumption and consequently lower their energy bill. On the other hand, it allows utilities to manage the aggregate consumption and predict load requirement. Unlike other pricing schemes, such as block tariff and time-of-use, the proposed pricing scheme can lower the energy bill of about 73% of customers, assuming that the total utility revenue is the same for all pricing schemes. On the basis of the currently available schemes in the literature, we find that the proposed method has significant advantages over other schemes in terms of fairness in charging customers. � 2016 Elsevier Ltden_US
dc.description.natureFinalen_US
dc.identifier.doi10.1016/j.energy.2016.07.052
dc.identifier.epage308
dc.identifier.scopus2-s2.0-84978435449
dc.identifier.spage301
dc.identifier.urihttps://www.scopus.com/inward/record.uri?eid=2-s2.0-84978435449&doi=10.1016%2fj.energy.2016.07.052&partnerID=40&md5=fff58fbed96d9b7c403751e4d9bdad69
dc.identifier.urihttps://irepository.uniten.edu.my/handle/123456789/22633
dc.identifier.volume113
dc.publisherElsevier Ltden_US
dc.sourceScopus
dc.sourcetitleEnergy
dc.titleResidential demand response scheme based on adaptive consumption level pricingen_US
dc.typeArticleen_US
dspace.entity.typePublication
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