Retail Electricity Pricing Strategy via an Artificial Neural Network-Based Demand Response Model of an Energy Storage System

Retail Electricity Pricing Strategy via an Artificial Neural Network-Based Demand Response Model of an Energy Storage System

The distribution company (DISCO) determines optimal retail prices to operate the distribution network efficiently while promoting demand response (DR) programs. In addition, an energy storage system (ESS), which improves peak load management, is widely used for price-based DR. This paper proposes an...

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Bibliographic Details
Main Authors: Hyun-Kyeong Hwang, Ah-Yun Yoon, Hyun-Koo Kang, Seung-Il Moon
Format: Article
Language:English
Published: IEEE 2021-01-01
Series:IEEE Access
Subjects:
Artificial neural network
demand response
energy storage system
ANN-based DR model
retail pricing strategy
peak reduction
Online Access:https://ieeexplore.ieee.org/document/9310260/

Internet

https://ieeexplore.ieee.org/document/9310260/

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