Retail dynamic pricing strategy design considering the fluctuations in day-ahead market using integrated demand response
Lu Chen, Yongbiao Yang, Qingshan Xu
Topics & Concepts
Demand responsePrice elasticity of demandDynamic pricingProfit maximizationProfit (economics)Market demand scheduleMicroeconomicsEconomicsBusinessElectricityEngineeringElectrical engineeringSmart Grid Energy ManagementEnergy Efficiency and ManagementEnergy, Environment, and Transportation Policies