A customized electricity pricing approach that considering the gaming ability of users and the new power sales company

The prevailing customized electricity pricing methods in China primarily utilize a single power price, which is an extra service cost charged per kWh. This paper suggests a customed power pricing optimization method that takes into account not only electricity quantity (kWh), but also capacity (kVA)...

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Main Authors: Yuanqian Ma, Yuhang Liu, Yuchen Yin, Zhenzhi Lin, Yi Lei, Haibo Li
Format: Article
Language:English
Published: Elsevier 2023-09-01
Series:Energy Reports
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2352484723005383
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author Yuanqian Ma
Yuhang Liu
Yuchen Yin
Zhenzhi Lin
Yi Lei
Haibo Li
author_facet Yuanqian Ma
Yuhang Liu
Yuchen Yin
Zhenzhi Lin
Yi Lei
Haibo Li
author_sort Yuanqian Ma
collection DOAJ
description The prevailing customized electricity pricing methods in China primarily utilize a single power price, which is an extra service cost charged per kWh. This paper suggests a customed power pricing optimization method that takes into account not only electricity quantity (kWh), but also capacity (kVA), and considers the gaming ability of both users and the electricity retail company. Firstly, the method for determining level of the quality of power is introduced in this paper, which is based on various quality of power indices Next, an optimization model for the customized electricity pricing is suggested, which takes into account the gaming ability of both users and the new power sales company (NPSC). Lastly, this paper conducts a case study of four representative users situated in an industrial park in Chengdu, Sichuan province to demonstrate the practical application of the proposed approach. The findings indicate that the suggested approach can allocate customized electricity charges between capacity and electricity consumed by users in a rational manner, thus enhancing the efficiency of production equipment for users.
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spelling doaj.art-6e51995c24374128bc0d69da43a95bf92023-09-06T04:52:03ZengElsevierEnergy Reports2352-48472023-09-01912441258A customized electricity pricing approach that considering the gaming ability of users and the new power sales companyYuanqian Ma0Yuhang Liu1Yuchen Yin2Zhenzhi Lin3Yi Lei4Haibo Li5School of Information Science and Engineering, Zhejiang Sci-Tech University, Hangzhou, ChinaSchool of Information Science and Engineering, Zhejiang Sci-Tech University, Hangzhou, ChinaSchool of Information Science and Engineering, Zhejiang Sci-Tech University, Hangzhou, ChinaCollege of Electrical Engineering, Zhejiang University, Hangzhou, ChinaSichuan Energy Internet Research Institute, Tsinghua University, Chengdu, China; Corresponding author.Sichuan Energy Internet Research Institute, Tsinghua University, Chengdu, ChinaThe prevailing customized electricity pricing methods in China primarily utilize a single power price, which is an extra service cost charged per kWh. This paper suggests a customed power pricing optimization method that takes into account not only electricity quantity (kWh), but also capacity (kVA), and considers the gaming ability of both users and the electricity retail company. Firstly, the method for determining level of the quality of power is introduced in this paper, which is based on various quality of power indices Next, an optimization model for the customized electricity pricing is suggested, which takes into account the gaming ability of both users and the new power sales company (NPSC). Lastly, this paper conducts a case study of four representative users situated in an industrial park in Chengdu, Sichuan province to demonstrate the practical application of the proposed approach. The findings indicate that the suggested approach can allocate customized electricity charges between capacity and electricity consumed by users in a rational manner, thus enhancing the efficiency of production equipment for users.http://www.sciencedirect.com/science/article/pii/S2352484723005383Customized electricityThe pricing methodLevel of the quality of powerNew electricity retail company
spellingShingle Yuanqian Ma
Yuhang Liu
Yuchen Yin
Zhenzhi Lin
Yi Lei
Haibo Li
A customized electricity pricing approach that considering the gaming ability of users and the new power sales company
Energy Reports
Customized electricity
The pricing method
Level of the quality of power
New electricity retail company
title A customized electricity pricing approach that considering the gaming ability of users and the new power sales company
title_full A customized electricity pricing approach that considering the gaming ability of users and the new power sales company
title_fullStr A customized electricity pricing approach that considering the gaming ability of users and the new power sales company
title_full_unstemmed A customized electricity pricing approach that considering the gaming ability of users and the new power sales company
title_short A customized electricity pricing approach that considering the gaming ability of users and the new power sales company
title_sort customized electricity pricing approach that considering the gaming ability of users and the new power sales company
topic Customized electricity
The pricing method
Level of the quality of power
New electricity retail company
url http://www.sciencedirect.com/science/article/pii/S2352484723005383
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