Calculation Method for Electricity Price and Rebate Level in Demand Response Programs

Demand response programs (DRs) can be implemented with less investment costs than those in power plants or facilities and enable us to control power demand. Therefore, they are highly expected as an efficient option for power supply–demand-balancing operations. On the other hand, DRs bring new diffi...

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Bibliographic Details
Main Authors: Hirotaka Takano, Naohiro Yoshida, Hiroshi Asano, Aya Hagishima, Nguyen Duc Tuyen
Format: Article
Language:English
Published: MDPI AG 2021-07-01
Series:Applied Sciences
Subjects:
Online Access:https://www.mdpi.com/2076-3417/11/15/6871